Target maturity funds (TMFs) are gaining popularity in 2024 as investors seek predictable returns in a fluctuating interest rate market. TMFs, often holding govt securities, offer lower credit risk and tax efficiency. Experts recommend aligning investment horizons with the fund’s maturity for optimal results. These funds are particularly attractive to conservative investors seeking stable yields.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders