By Renuka

SBI Mutual fund has launched its first ever multi cap fund .SBI multi cap fund is an open ended equity scheme investing across large cap, mid cap, small cap stocks. Its aims to provide a mix of Large, Mid and Small cap companies identified through a robust research process -idea generation ,scuttlebutt,analysis ,investment thesis ,portfolio construct, execution, monitoring . this type of mutual fund is going to be managed by Mr. R Srinivasan and Mr.Mohit Jain . These multicap funds would allow them to bring diversification in their investment portfolio .In other words ,investment would be allowed in large caps ,mid caps as well as small caps with certain restrictions these caps are ascertained as per the defined market capitalisation .the benchmarck would be the standard against which this fund would be measured (nifty 500 multicap 50:25:25 TRI index). The fund will not have any sector or style bias as the outcome of portfolio selection will be based on the analyst recommendations,

Since it's incorporation in 1986, Ruchi Soya Industries Limited (Ruchi Soya) has evolved as an integrated player in the edible oil business with a presence across the entire value chain, from farm to fork with secured access to palm oil plantations in India. Today Ruchi soya features among the Top FMCG players as one of the leading manufacturer & marketer of healthy range of Edible Oils and a Pioneer of Soya Foods in India. It is also one of the largest palm plantation companies in India. Today, Ruchi Soya owns 22 manufacturing units that cumulatively translate to a refining capacity of over 11000 tonnes per day, seed crushing capacity of 11000 tonnes per day and packaging capacity of 10000 tonnes per day. A Pan-India presence with strategically located manufacturing facilities striking the right balance between proximity to raw materials and markets coupled with an extensive distribution network and a large sales force in India has enabled the company to have smooth operat

SET TO CREATE MULTIBAGGER WEALTH FOR INVESTORS? State-owned insurance group and investment company, Life Insurance Corporation of India (LIC), last week, filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) to raise funds via an initial public offering (IPO). The IPO consists of an offer for sale of up to 316.25 million shares by the Government of India. The LIC IPO is likely to be the biggest IPO in India till date. The initial public offering of over 31.6 crore shares or five per cent of the government’s stake is likely to hit the D-street in March and employees and policy holders of the insurance behemoth would get a discount over the floor price. As per the prospectus, employees and policyholders of the country’s largest insurer will be getting a discount over the floor price. The portion planned to be reserved for policyholders can go up to maximum of 10 per cent. “The aggregate of reservations for eligible policyholders shal

Axis mutual fund managed by Axis asset management company launches the new scheme which is Axis Equity ETFs FOF and its type is an open ended fund of fund scheme predominantly investing in units of domestic equity ETFs ( exchange traded funds) . The minimum application amount is set at Rs 5,000 and investors can invest in multiples of Re 1, thereafter. It’s a type of NFO which would precisely be measured against the standard known as benchmark -NIFTY 500TRI where plans being offered to an investor would be regular and direct plans . Regular Plan is available for all type of investors investing through a distributor and Direct plan is only for investors who purchase /subscribe units in a scheme directly with the fund and is not available for investors who route . Monthly sip is minimum Rs 1000/-and Nfo price of units of the scheme will be Rs 10/-.entry load for axis equity ETF NFO is nil and exit load is 1% for redemption done within 15 days after allotment ,therafter is nil . The

BREIF HISTORY OF LIC Life Insurance Corporation of India (LIC) is an Indian statutory insurance and investment corporation headquartered in the city of Mumbai, India. It is under the ownership of Government of India. The Life insurance Corporation of India was established on 1 September 1956, when the Parliament of India passed the Life Insurance of India Act that nationalized the insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state-owned Life Insurance Corporation of India. As of 2019, Life Insurance Corporation of India had total life fund of ₹28.3 trillion. The total value of sold policies in the year 2018–19 is ₹21.4 million. Life Insurance Corporation of India settled 26 million claims in 2018–19. It has 290 million policy holders. STRUCTURE The LIC's executive board consists of Chairman, currently M R Kumar, and Managing Directors, Vipin Anand, T. C. Suseel Kumar, Mukesh Kumar Gupta and Raj Kumar. T

Basic information Name of Mutual Fund Axis Mutual Fund Name of Asset Management Company Axis Asset Management Company Limited Name of Trustee Company Axis Mutual Fund Trustee Limited Addresses, Website of the entities Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025 www.axismf.com Name of Sponsor Axis Bank Ltd. Name of new offer : AXIS CRISIL SDL 2027 DEBT INDEX FUND New Fund Offer Offer of Units of Rs. 10 each during the New Fund Offer and Continuous offer for Units at NAV based prices New Fund Offer Opens on : February 07, 2022 New Fund Offer Closes on : February 21, 2022 Scheme re-opens on or before : Within five Business Days from the date of allotment Investment objective The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the CRISIL IBX SDL – May 2027 before expenses, subject to tracking errors.

How to check creditworthiness? Answer- Checking Creditworthiness of investor by using Pan card. Checking the average 6months to 1year Bank Statements. If investor have credit card then Checking the limit of credit card. By taking the sign of investor on the form which mention that investor cannot sell the securities without the repayment of loan. If Students fail to pay money then responsibility will shift to the parents. Yolo loan Minimum Amount- Rs.500 Interest Rate- Amount available as a loan Interest Charge (per month) Rs.500 to Rs.1000 Rs.10 Rs.1000 to Rs.1500 Rs.20 Rs.1500 to Rs.2000 Rs.30 Amount above Rs.2000 we can charge 1.5% interest rate monthly. Time Period- You can get a loan for 3 months.