PRINCIPAL REDEMPTION
My total income from pension and investments is Rs 13 lakh. Which ITR form should I use for filing ITR?Your pension income will need to be declared under salary head and offered to tax at your applicable slab rate after standard deduction of ...
- Future Consumer defaults on debt repayment from banks, others
The company said it has applied for financial restructuring to the banks. A month ago, it had defaulted payments on non-convertible debentu...
- Future Consumer defaults on debt repayment
In a regulatory filing, the company said it has been unable to service its obligations towards payment of principal redemption and interest...
- Two HSBC Mutual Fund debt plans report 9-10% erosion in NAV
On April 30, four debt schemes of Principal Mutual Fund holding papers of DHFL saw their NAVs fall by 4.5- 6.8%.
- Large caps should be initial beneficiaries, say Ravi Gopalakrishnan of Principal MF
The spread of the Covid-19 virus and the meltdown in oil prices. Both these factors have affected the market sentiment and contributed to t...
- Principal Midcap Fund: NFO Review
Principal Mutual Fund offers two new features - SMART and My Gain. Like any other mid cap fund, it will invest in stocks of companies betwe...
- Redemption reserves clause gone, non-bank cos will bank on bonds
It was often termed as a stumbling block for NBFCs to raise money via public bonds.
- SEBI plans to make liquid mutual funds safer for investors but also restrict redemptions
The regulator is mulling tough measures to keep liquid mutual funds safe and also put a check on redemptions.
- Principal Tax Savings Fund: Suitable for high risk takers
This tax-saving fund has no market-cap bias. While currently tilted towards large-caps, it has the flexibility to invest in firms with lowe...
- Principal Mutual Fund launches ‘Super SIP’
Super SIP is an additional facility launched by the fund house in its existing SIPs.
- What makes Principal Growth Fund a worthy candidate in the flexi-cap mutual fund category
The portfolio is heavily diversified as a result of a conscious approach to distribute risk thinly across stocks with lower market-cap.
- Principal Emerging Bluechip Fund: Outperforming peers consistently
The fund has outperformed both the benchmark (12.73%) and the category average (17.08%) giving a 7-year return of 18.32%
- Principal Large Cap Fund: A consistent outperformer
The fund has an impressive track record and has outperformed its benchmark and category average consistently over many years.
- Hubtown delays redemption of debentures worth Rs 100 crore
Realty firm Hubtown Ltd said it has delayed the redemption of debentures worth Rs 100 crore due to liquidity crunch.
- Overweight on banks and financial names: Dhimant Shah, Principal MF
We feel more comfortable to be slightly overweight on the banks and financial names as opposed to the infrastructure names.
- Sebi probes Principal PNB on Lok Prakashan’s plaint
The probe was sparked by a complaint from Lok Prakashan, publishers of Gujarat Samachar, which invested in two schemes sold by the fund hou...
- Tata Steel to pay $471 million to FCCBs redemption
Tata Steel today said it will pay $471.17 million (around Rs 2618.3 crore) to holders of its foreign currency convertible bonds (FCCBs) tha...
- We have not seen major redemptions at all: Rajat Jain, Principal Mutual Fund
Once we have a totally diversified retail base we really have not seen major redemptions at all.
- MFs borrowed to meet redemptions
Hit by a landslide of redemptions during October-November 2008, mutual fund houses were compelled to take huge loans in order to process cu...
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