The highest interest rate offered by SBI is 5.4 per cent after the 40-basis point cut.
The exact dates and time will be mentioned in the public notice that will be published
To offset poor equity returns, advisers are asking savers to buy debt SIPs.
Many savers are faced with loss of income with uncertainty on when things will return to normal.
As the process of winding up the schemes is on, investors cannot transact in any of these schemes.
The fund house stops accepting fresh money temporarily in ABSL Medium Term Fund and ABSL Credit Risk Fund.
Franklin Templeton appoints Kotak Mahindra Bank to assist in monetization of assets of six shut schemes
The appointment will provide the Trustees with the added experience and ability to monetize assets at the earliest possible time.
Funds opted for cos with cheaper valuations, cost efficiency & resilience in these times.
Investors using the physical mode have to pay Rs 50 per gram more at Rs 4,590 per gram.
On April 30, four debt schemes of Principal Mutual Fund holding papers of DHFL saw their NAVs fall by 4.5- 6.8%.
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