Saurabh Mall
A decade and more of compound growth One lakh rupees invested in a flexi-cap mutual fund in 2008 would have grown roughly tenfold by 2025. That outcome reflects an annualised return of 14.25% over 17 years, turning ₹1,00,000 into about ₹10,00,000. How the math works The growth follows the compound interest formula: Future value = … Read more
RBI steps up efforts to stabilise the rupee The central bank took another visible step in the foreign exchange market, following a recent operation that strengthened its ability to intervene. One day earlier it absorbed about $5 billion from market participants through a three‑year USD/INR buy‑sell swap, a move aimed at smoothing currency volatility. What … Read more
Mutual Fund Fee Slabs Reworked Around AUM Many mutual funds have adjusted the fee or charge slabs they use to calculate costs, and those slabs are now explicitly tied to each fund’s assets under management (AUM). That means the scale of fees an investor pays can change depending on how large or small a fund … Read more
Major Stake in MetaX Valued at Billions Chen holds 55 million shares in MetaX Integrated Circuits Shanghai Co., a position now valued at at least 5.8 billion yuan — about $824 million at the offer price. This sizable stake highlights both individual wealth tied to the chip sector and investor interest in domestic semiconductor firms. … Read more
The National Pension System (NPS) has updated its withdrawal rule: subscribers can now withdraw up to 80% of their corpus once it crosses ₹12 lakh (₹12,00,000). This change gives savers more flexibility to access a larger share of their retirement savings early, subject to eligibility conditions. What changed Previously, the withdrawal limit was lower. Under … Read more
RBI repeats intervention to steady the rupee On Wednesday, the Reserve Bank of India stepped into the foreign exchange market again, mirroring its actions in October and November when it intervened aggressively on three occasions. The moves were aimed at disrupting persistent one-way pressure on the rupee and restoring balance to currency trading. Why the … Read more
Shareholders Approve Massive Payout That Could Boost Musk’s Income Tesla shareholders recently approved a landmark payout described as a massive 13-figure, $1 trillion plan. If structured and distributed as reported, that move could see Elon Musk net roughly $90 million a year from the arrangement. What the approval means The approval signals shareholder willingness to … Read more
Rupee slides to fresh record low, settles at 90.93 against the dollar On December 16, the Indian rupee weakened sharply against the US dollar, slipping below the 91-per-dollar mark during intraday trade. The currency hit an intraday low of 91.14 before recovering slightly to close at an all-time low of 90.93. What happened on the … Read more
About a year after an unprecedented IPO rush that raised roughly ₹1.5 lakh crore, roughly half of those newly listed companies are trading below their offer price. The initial euphoria — the listing-day “pop” that made headlines and created quick winners — has faded for many investors. What seemed like a golden era of easy … Read more
Forex traders say the main reason the rupee weakened in December was sustained selling by foreign portfolio investors (FPIs). Over the last few months, foreign investors repeatedly offloaded Indian equity and debt holdings — often amounting to several billion dollars a day — putting steady pressure on the currency. Why FPI selling matters FPIs move … Read more