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Equity schemes can also have gold and silver transactions.
SEBI has allowed equity mutual fund schemes to invest in gold and silver. The money raised in equity-based schemes is allowed to be invested in gold and silver after investing in specified sectors. In the case of large-cap funds, SEBI mandates that 80% of the money raised should be invested in stocks of the 100 companies with the highest market capitalization. The remaining money will be treated as a reserve in the fund's account. Mid-cap funds, small-cap funds, and sectoral

Sreekantan S
Mar 71 min read


Collateral-free loans up to Rs. 20 lakh for small businesses
Collateral-free loans up to Rs 20 lakh for small businesses. This move by the Reserve Bank will be a big boon for micro small enterprises (MSEs) that are unable to provide large amounts of collateral. Currently, it was Rs 10 lakh. This scheme has been made more generous since 2010. It was increased from 5 lakhs to 10 lakhs in 2010. The scheme will come into effect from April. This step, which will be a great boon for small entrepreneurs, is expected to create new job opportun

Sreekantan S
Feb 251 min read


Gold Price Trend
Has the large-scale gold price surge and crash subsided? The gold-silver ratio reaching above 60 is considered an indication that the market has stabilized. The gold-silver ratio is an index of the relative value of gold and silver. How many ounces of silver are needed to buy an ounce of gold? The gold-silver ratio is obtained by dividing the price of gold by the price of silver. When the price of silver increased significantly, the gold-silver ratio fell sharply. It had fall

Sreekantan S
Feb 211 min read


📰 Reserve Bank cuts repo rate: Relief for borrowers and economy
Monthly installments of home loans will be reduced. Those who have taken loans of several lakh rupees can get a reduction of up to Rs 4,000 in EMI. Meanwhile, the Reserve Bank of India (RBI) has conducted a repo rate cut today. The Reserve Bank of India's Monetary Policy Committee has announced that the repo rate will now be 5 percent. So far this year, the RBI has reduced the repo rate by one and a half percent. It reduced it by one percent between February and June. In Augu

Sreekantan S
Feb 211 min read
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