Power Finance Corporation (PFC), a government-owned financial institution, has entered into an agreement with the Japan Bank for International Cooperation (JBIC) to secure a ¥120 billion (approximately ₹6,600 crore) loan for renewable energy initiatives. The agreement, signed on Wednesday, marks the largest green financing deal JBIC has ever executed with an Indian company. Power Finance …
Axis Mutual Fund Announces Income Distribution For Select Funds
16 January 2025Axis Mutual Fund has announced income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for several of its funds. The record date for this distribution is set as January 17, 2025. Here’s a breakdown of the schemes and their respective distribution amounts per unit: Details of IDCW Announced Scheme Direct-IDCW (₹/unit) Regular-IDCW (₹/unit) …
SIP Return: ₹1,111 Per Month For 30-Year Vs ₹11,111 For 12-Year – The Result Will Amaze You!
15 January 2025Systematic Investment Plans (SIPs) are a popular and convenient way to invest in mutual funds, allowing individuals to invest surplus funds gradually. SIPs enable investors to stay committed to their financial strategy while leveraging the power of compounding. Compounding, often called the eighth wonder of the world, allows investments to grow exponentially over time. This …
