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BBCNEWS BBC July 3, 2024 - Vimarsana News

BBCNEWS BBC July 3, 2024

Who will set out his economic plans in next months Autumn Statement he has said tax cuts are virtually impossible at present. Live now to manchester to speak to our political correspondent, nick eardley. The focus will be on the Economy Today and tax cuts and some people asking for higher wages as well. Good morning. There will be higher wages for a lotta people because the government is confirming today the National Wage will go up to £11, not a huge surprise because the government follows the recommendations it gets pretty much every opportunity. You are also right tax continues to be a deb...

NFO Alert: SBI Mutual Fund launches SBI Fixed Maturity Plan; all you need to know - Vimarsana News

NFO Alert: SBI Mutual Fund launches SBI Fixed Maturity Plan; all you need to know

SBI Mutual Fund announced the launch of the SBI Fixed Maturity Plan – Series 91. The scheme opened for public subscription on December 26, 2023, and will close on December 28, 2023.

Backstop fund for corporate debt may prevent Franklin Templeton-like crisis - Vimarsana News

Backstop fund for corporate debt may prevent Franklin Templeton-like crisis

The CDMDF, though positioned as a corporate bond market development initiative, looks designed more to bail out stressed mutual fund debt schemes and prevent a systemic crisis

Franklin Templeton equity funds go up when things are down. Here's why - Vimarsana News

Franklin Templeton equity funds go up when things are down. Here's why

Franklin Templeton equity funds' philosophy is not to aim for the stars, but to consistently deliver 50 to 100 basis points alpha over the index. Janakiraman R's small- and mid- cap funds' performance reflect a similar trend. In terms of consistency in strategy and philosophy, the fund does the job quite well.

UTI Mutual Fund launches 'UTI Long Duration Fund' - Vimarsana News

UTI Mutual Fund launches 'UTI Long Duration Fund'

UTI Mutual Fund (UTI) launches 'UTI Long Duration Fund', an open-ended debt scheme investing in debt and money market instruments such that the portfolio Macaulay Duration is above 7 years, the company said via an exchnage filing. The scheme will have a relatively high interest rate risk and relatively low credit risk. The NFO starts on March 6, 2023 and closes on March 15, 2023.