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Are MF trustees trustworthy? - The Hindu BusinessLine

'Refreshing to see independent productions, global cinema on Indian screens'

₹1,500-crore allocation to digital payments set to spawn new-age fintech start-ups

₹1,500-crore allocation to digital payments set to spawn new-age fintech start-ups February 01, 2021 Will lead to large-scale adoption, say players Finance Minister Nirmala Sitharaman’s Budget announcement of ₹1,500-crore allocation to boost digital payments in the country is set to spawn a large number of new-age fintech start-ups in the country. “The allocation of ₹1,500 crore is a very big amount. More importantly, it signifies the government’s intent of removing cash and introducing digital payments by favourably backing fintech start-ups that can help solve the huge cost of handling cash and the risks associated with it,” Harshvardhan Lunia, co-founder and MD, Lendingkart Technologies, told

Nippon India Mutual Fund targets potential consumers with AI-enabled digital ads

The algorithm customises the ad for the viewer based on geo-targeting 29 Dec, 2020 - 12:54 PM IST     |     By indiantelevision.com Team     NEW DELHI: Nippon Life India Asset Management Limited (NAM India), asset manager of Nippon India Mutual Fund (NIMF), recently launched a first-of-its-kind geo-targeting campaign to help potential mutual fund investors connect with empanelled mutual fund distributors (MFDs). Insight for the campaign: most potential mutual fund investors end up delaying their investments for the want of a connect with a dependable mutual fund distributor; preferably in their vicinity. This issue has gained a lot of severity after the success of AMFI’s ‘Mutual Funds Sahi Hai’ campaign that generated a lot of positive disposition about mutual funds.

This is how mutual funds came to rescue new investors in pandemic-ravaged 2020

This is how mutual funds came to rescue new investors in pandemic-ravaged 2020 PTI New Delhi:  For long mutual funds have been trying to attract investors as tools for contingency savings the year 2020 saw one of the most unexpected events unfold when the COVID-19 pandemic engulfed the entire world. After wild swings in a pandemic-ravaged year, the stock market finally appears to end with unusually high gains, which coupled with robust inflows in fixed income schemes helped mutual funds add a staggering Rs 3.5 lakh crore to their asset base in 2020. Experts believe the new year is expected to be even brighter for the industry.