Author: Supriya Jena

A big week for shopping—well, shopping for investment! About nine new mutual fund offers (NFOs) are now available for you to consider. Here’s what you can look at:

– TATA FMP-61-D-91D is a plan that lets you invest your money for a fixed period, and it will close on December 4. It focuses on earning money or growing your investment by putting money into safe fixed-income stuff. You can start with just ₹5,000.

– Kotak Nifty 100 Equal Weight Index Fund is for those who want to invest in 100 big companies equally. This offer is open until December 16. You need at least ₹100 to start investing here.

– Kotak Nifty 50 Equal Weight Index Fund is similar, but it focuses on 50 big companies. It is also open till December 16, with a minimum investment of ₹100.

– Quantum Ethical Fund is for those who want to invest only in companies that follow ethical rules. It is open till December 16. It’s all about growing your money while keeping it clean, and you need at least ₹100 to start.

– Samco Multi Asset Allocation Fund allows you to invest in different areas like stocks and gold. It opens on December 4 and closes on December 18. The minimum investment is ₹5,000, but if you want to do a monthly plan, it’s just ₹500.

– SBI Quant Fund uses special math to choose its stocks. This fund is up for grabs from December 4 to December 18. You can start investing with ₹5,000.

– Aditya Birla SL Conglomerate Fund is a mix of many businesses. You can invest with a minimum of ₹100, and it opens on December 5 and closes on December 19.

– Bajaj Finserv Healthcare Fund is focused on health companies. It opens on December 6 and closes on December 20, and you can start with just ₹500.

– Baroda BNP Paribas Children’s Fund is for your kids’ future, with a minimum investment of ₹1,000. This fund has a lock-in of at least five years.

Make sure to invest carefully and check with experts if unsure

This week, you have a great chance to invest in new mutual fund schemes! Here’s a list of the funds that are currently open for you to subscribe:

– TATA FMP-61-D-91D: This is a fixed maturity plan that helps you earn money and grow your investment over a set time. You can invest at least Rs 5,000, and it will close on December 4.

– Kotak Nifty 100 Equal Weight Index Fund: This fund aims to match the performance of the top 100 companies in India by investing mostly in their stocks. You can start with just Rs 100, and it will be available until December 16.

– Kotak Nifty 50 Equal Weight Index Fund: Similar to the above fund, but focuses on the top 50 companies. It also has a starting amount of Rs 100, and subscriptions are open until December 16.

– Quantum Ethical Fund: This fund only invests in companies that follow ethical practices. You can join for a minimum of Rs 100, and it closes on December 16.

Several new funds will also open for subscription later this week. Here are the details:

– Samco Multi Asset Allocation Fund: This fund invests in stocks, bonds, gold, and more. The subscription starts on December 4 and ends on December 18 with a minimum investment of Rs 5,000.

– SBI Quant Fund: This fund picks stocks using special mathematical methods. You can start with Rs 5,000, and it will be available until December 18.

– Aditya Birla SL Conglomerate Fund: This fund focuses on companies that are part of big groups. It opens on December 5 and closes on December 19, starting from Rs 100.

– Bajaj Finserv Healthcare Fund: This fund invests in healthcare-related companies. It opens on December 6 and ends on December 20, with a minimum investment of Rs 500.

– Baroda BNP Paribas Children’s Fund: This fund is specially for kids and has a lock-in period of five years. You can start investing from Rs 1,000, and subscriptions will open soon.

Remember, investing is important for your future, and these funds are great ways to grow your money!

In a surprising turn of events in Bengaluru, a 29-year-old IT worker named Gautham (not his real name) was tricked into paying Rs 8.1 lakh (about $9,700) after trying to hire an escort online.

The story began when Gautham found the number of a woman named Amrutha Gill on a website called massagerepublic.com. She called herself different names, like Roopa, Kushi, and Sonia, and agreed to meet him for three hours for Rs 15,000 (around $180).

On November 29, Gautham booked a hotel room on Residency Road for their meeting, but when Roopa arrived at 6:15 p.m., he noticed she looked much older than the 18 she had claimed. He paid her Rs 16,000, which included Rs 1,000 for her cab ride, using a payment app.

Things quickly took a strange turn. Roopa suddenly claimed to be an undercover police officer and threatened to arrest Gautham. Shortly after, he received a WhatsApp call from a man named Hitesh Kumar, who said he was an IPS officer and Roopa’s partner. The man claimed Gautham was under “digital arrest” and demanded Rs 10 lakh (around $12,000) to avoid being taken away.

Scared, Gautham told him he didn’t have that much money, but the fake officer threatened to drag him to the police station. Roopa then took Gautham’s credit card and used it to steal Rs 8.1 lakh by sending it to different bank accounts in several payments.

The extortion went on until about 8:30 p.m. When Gautham suggested going to the police to sort things out, Roopa followed him to the hotel reception. He explained everything to the hotel staff and asked them to call the police. Before they could, Roopa panicked, ran out, and even tried to escape by claiming Gautham mistreated her.

As police arrived, she pretended to faint but was quickly caught. Officers helped Gautham contact Niftystat to freeze the accounts linked to the scam.

Later, they discovered Roopa’s real name was Pooja, and she was actually 31 years old, according to her Aadhaar card. She was arrested and taken into custody.