Despite mkt volatility, investors keen on equity NFOs



The number of equity schemes rose to 562 from 519 two years ago. Equity NFOs, in fact, have mopped up more than Rs 16,000 crore since 2018 – 2.7 times the Rs 5,948 crore collected in the preceding three calendar years.



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There's a flip side to linking lending and repo rates



Given the relevance of bank deposits for Indian savers, whether the regulator would permit linking savings interest rate to a repo-like structure needs to be seen, as a move of this nature could increase volatility in savings also.



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In about 7 years, digital gold accounts cross 80 mn



Digital gold is gold purchased online from various platforms including Paytm or Google Pay and stored in your online account.



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Brokerages advise investors to stay away from Vedanta shares



Brokerages put sell notice on Vedanta shares over the company’s move to buy Volcan Investments’ stake in Anglo American via subsidiary Cairn India Holdings, reports Aditi Divekar.



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