Demystifying the New Mutual Fund Riskometer

In recent times, mutual funds have undergone many regulatory changes. The primary motive behind most of these changes is to make mutual fund investments more transparent and safe for investors. One of the noteworthy changes that are being implemented by SEBI is the introduction of risk levels attached to all mutual fund schemes.

SEBI announced the introduction of a new riskometer back on October 5, 2020. This has come into effect on January 1 2021. Accordingly, all mutual fund houses have been instructed to notify investors about the risk level of their schemes. The risk levels must have a six-stage scale ranging from “Low” to “Very High”.

 Are you curious about what this means for you as an investor and how it could help you invest better? Let’s have a look at some important aspects to note about the new mutual fund riskometer.  (more…)

Union Budget 2021

Union Budget 2021: Top 10 highlights you need to know

The Finance Minister, Ms. Nirmala Sitharaman announced the Union Budget for the next financial year yesterday. There were no changes in the tax rates/slabs but some changes have been made to make tax compliance easier. The focus on self-reliance and increased spending on healthcare are some positives that look at taking the economy ahead. 

Here are some of the significant announcements that you need to know. 

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