INSTANT PAYMENTS FOR SIPS
With Rs 50,000 salary, does a 6-month emergency fund mean having Rs 3 lakh? Practical tips to achieve the right amount
6-month emergency fund with Rs 50,000 salary: While calculating the amount, you should count everything that still needs to be paid even when salary stops. So, where should you put this money and how much should you invest every month to hit the target faster? Moreover, an individual who is single and has no dependents may not need the same amount of emergency fund as someone with a family.
UPI for mutual funds: Benefits, limits and impact of new MDR explained
Unified Payments Interface (UPI) enables convenient investment in mutual funds through instant payments and SIPs. Investors appreciate UPI for its ability to process transactions 24/7 and avoid manual input. Recently, a 0.02% merchant discount rate was introduced on certain UPI transactions, affecting one-time investments. However, SIPs under UPI AutoPay remain exempt from this fee, easing investor concerns.
Horoscope Today, September 21, 2026: Taurus Sees Money Progress, Scorpio Finds Business Opportunities and Pisces Gets Career Momentum
In today's horoscope, a practical mindset is crucial across all zodiac signs. Focus on your career and financial affairs demands thorough evaluation and deliberate choices. Nurture your relationships with sincere support and open, soothing discussions. Prioritize your health routines to ensure a sense of well-being and steadiness throughout the day. This reading advocates for strategic planning and addressing outstanding tasks.
Horoscope Today, September 20, 2026: Aries Gets Serious About Work, Taurus Finds Creative Momentum and Gemini Rethinks Important Money Matters
The Sagittarian Moon in Purva Ashadha nakshatra aligns with the Sun and Mercury in Virgo to deliver an ideal balance of visionary thinking and practical execution. This Sunday setup inspires Aries to map out ambitious long-term career growth, guides Taurus to audit shared household accounts and subscriptions, and prompts Gemini to nurture key personal and business relationships. Balanced by Venus in Libra, it is a prime day to blend relaxing weekend leisure with strategic planning.
“Whether we leave anyone behind”: Sameer Nigam’s blueprint for PhonePe’s second decade
At Global Fintech Fest 2026, PhonePe founder‑CEO Sameer Nigam framed the company’s first ten years as the construction of India’s financial rails and unveiled a second act tied to a single question: whose progress still remains outside the frame?
India won political freedom in 1947. Financial freedom is the next frontier
Navneet Munot, MD and CEO of HDFC AMC, writes on how Indian households are building financial freedom through capital markets, UPI, and systematic investment plans. With mutual fund assets crossing Rs 82 lakh crore and strong domestic flows, Indian investors are steadily securing their future, one SIP at a time.
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PhonePe's Rs 100 daily RD: How it works; app also adds FD investment option
With its latest feature, PhonePe now allows users to easily invest in daily recurring deposits via its user-friendly app. Starting investments is as easy as contributing Rs 100 daily through UPI AutoPay. Additionally, the app simplifies the digital handling of fixed deposits, which are secured up to Rs 5 lakh under the DICGC scheme. Best of all, users can withdraw their funds whenever they choose.
The evolution of mobile banking apps into financial operating systems
Mobile banking apps now serve as primary financial interfaces for millions. Consumers expect a single platform for all their financial needs. Integrated apps offer banking, investing, and wealth management services seamlessly. This shift reflects a growing demand for instant and unified financial experiences. The future of banking centers on these comprehensive digital ecosystems.
Mutual fund flows decoded: Why AMFI's monthly data matters for investors
Mutual fund flows show investor sentiment and money movement across categories. Consistent inflows suggest investor confidence, while outflows may signal caution. Equity fund inflows indicate more money allocated to stocks, but do not guarantee market rises. Fund flows help gauge market liquidity, not as direct buy or sell signals. Company fundamentals and other factors ultimately drive long-term investment returns.
KFintech’s Finex accelerates same-day physical SIPs to redefine wealth creation
KFintech's Finex program significantly reduces mutual fund SIP processing times. Physical SIP registrations now achieve same-day activation, a major improvement. This transformation leverages AI and automation for efficient data handling.
CA cautions investors for 2026, advises them to follow his two-step strategy for financial security, returns
Chartered Accountant Nitin Kaushik advises against investing without a financial plan for 2026. He emphasizes financial hygiene, including emergency funds and insurance, before focusing on returns. Kaushik then outlines an SIP allocation strategy based on investment tenure, recommending specific fund types for short to long-term goals.
India’s digital rails move fast — but users are left to connect the dots
Digital transactions often leave users confused. A new 'DPIx' or Experience DPI can fix this. On-device AI will explain complex financial journeys simply. This technology will offer clarity in moments of uncertainty. It will help users understand what is happening with their money. This innovation aims to put the power of India Stack in every user's pocket.
ONDC facilitates purchase of financial products from any provider via any app
India's Open Network for Digital Commerce is transforming financial services. It connects buyers and sellers, making loans, insurance, and mutual funds accessible. This open digital marketplace operates like a 'financial internet'. It allows anyone to access any provider through any app. This democratizes finance, benefiting both consumers and smaller businesses. The network is expanding to include more products and services.
What sets great brokers apart from good ones? These 16 Angel One features offer clues
Brokerage platforms are increasingly integrating analytics-driven tools to enhance trading and investment experiences. Angel One leads with a comprehensive suite of features, including instant order placement from charts, index trading, and advanced portfolio management tools. While Zerodha and Groww offer essential functionalities, Angel One provides a more streamlined and efficient approach to both trading and investment activities.
DSP Asset Managers partners with Cybrilla to bring mutual funds live on ONDC Network
DSP Asset Managers has partnered with Cybrilla to offer mutual funds on the ONDC Network, becoming one of the first AMCs to do so. This move aims to boost financial inclusion, cut costs, and expand reach via decentralized distribution, enabling local fintechs and entrepreneurs to offer low-cost investments nationwide.
Sebi move on reducing SIP minimum size good, but need to reduce KYC & transaction costs: Nilesh Shah
“Sebi has taken a step in the right direction by ensuring that this minimum amount is spread across the industry and not just a few fund houses like mutual funds and secondly, hopefully we will be able to reduce the friction cost, the KYC cost and the payment cost so that it becomes profitable transaction for the industry.”
UPI AutoPay: Tata Mutual Fund to offer SIP via UPI Autopay
According to a news release published by CAMS, TATA Mutual Fund has enabled one-time and recurring payments on their digital properties via CAMSPay's UPI AutoPay.
Real-life uses of virtual tokens: Gig pay, travel spends in crypto
Buying and selling has been the primary use-case for most types of cryptoholders. The prospect of higher returns compared to conventional assets is a key factor that attracts Indians to cryptocurrencies.
ETMONEY crosses Rs 500 cr gross mutual funds sales in a month; investments managed surpasses Rs 20,000 cr
ETMONEY Founder & CEO Mukesh Kalra said, "With over 40% of our inflows coming via monthly SIPs and more investors joining the platform every month, we are well on track to cross INR 10,000 Crore of gross sales in the financial year 21-22."
Revenue department, industry at odds over manufacturing scheme implementation
“The (outgoing) Merchandise Exports Incentive Scheme (MEIS) was a duty credit scrip. These scrips were automatically linked to exports, once exports were recognised the scrip was generated and credited to your account… smooth and instant,” said an executive of a global supply chain company, who didn’t wish to be named.
ETMoney offers paperless process to set up mutual fund SIPs
The advantage of this new feature is not just limited to SIPs, as the app has extended the benefit to investors making one-time, lump sum investments as well.
Motilal Oswal AMC launches WhatsApp transaction platform
It is the first of its kind initiative by any fund house in India to do mutual fund transactions through whatsapp messenger.
Banks, payment companies rue the lack of ‘standing instruction’ feature on UPI
According to two bankers who are close to the development, National Payments Corporation of India is looking for a launch date around August 15 and wants a senior RBI executive to launch it officially.
Geojit Financial Services launches mobile app for mutual funds
Geojit Financial Services has introduced a mutual fund app that enables investors on board and start investing instantly.
DBS introduces mutual funds on its digibank platform
DBS is the only bank in India to offer this first of its kind offering that does away with filing of multiple forms to start investing in mutual funds.
LIC MF and Standard Chartered bank team up for UPI
This platform would help retail investors to participate actively in mutual fund investment opportunities.
Why buying gold bonds, funds or monetising the metal is better than investing in physical gold
It is better to monetise your gold collection that is likely to be gathering dust in some safe. Here’s how you can make the most of the yellow metal.
MF News: Reliance Life Insurance introduces Mobinsure
Reliance Life Insurance has announced the launch of unique mobile-based insurance initiative - ‘Mobinsure’ - a mobile portal offering a range of insurance related services on mobile phones.
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