Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Mutual funds to claim tax deduction of Rs…
My main purpose is to save tax. I am looking for a plan, which will help me to claim exemption for Rs 40,000. Also, give good returns in future. Could you please suggest some good…
Time to rebalance your portfolio, invest more in…
By Raghvendra NathWho would have thought that the entire world would be under a lockdown someday! A few months before, no one even knew the concept of social distancing. Everyone saw the virus coming, but…
Should investors redeem ‘risky debt funds’ and Franklin…
Financial planner: SR Srinivasan, Founder, SriNivesh, a financial planning firm, based in Bengaluru. Questions asked by investors: 1.Should we redeem our money from debt mutual funds? 2.Are Franklin’s other funds safe? 3.Should we move to…
How are mutual funds better than fixed deposits?
I started investing in mutual funds in January 2018. My portfolio has about 85% in equity and rest in debt/others. Till December 2019, I was getting a return of about 12% on my entire portfolio.…
Scared of debt mutual funds after Franklin fiasco?…
By Balachandran RWhen equity mutual funds dropped precipitously along with the stock market over the last two months, the news did not make any major waves. But Templeton’s shocking move to lockdown six of its…
Everything you wanted to know about RBI’s Special…
[unable to retrieve full-text content]The Reserve Bank of India announced today that it will open a Rs 50,000-core special liquidity facility for mutual funds (SLP-MF) to ease the liquidity pressure on them. Personal Finance News-Wealth-Economic…
Franklin fallout: Credit risk funds to face redemption…
In the aftermath of Franklin Templeton Mutual Fund winding up its six debt schemes, industry experts believe credit risk funds are going to face redemption pressure from investors, worried about the safety of their money.…
‘Liquid funds, GOI bonds are better bets’
What next, and what should we do? That’s the question savers are asking after Franklin Templeton stunned Mumbai’s financial community late Thursday, announcing the seizure of six debt plans that cumulatively managed Rs 26,000 crore…