Now Paytm Money users can track all their mutual fund investments on its app; claims over 1 million customers

Mutual Fund, Mutual Fund Performance In 2018, Equity Mutual Fund, Large Cap, Mid Cap, Small Cap, ELSS, Top Gainers Fund, Top Losers Fund

Paytm Money claimed of registering over 1 million users within six months of launch.

Popular online payment platform Paytm has said that its users would now be able to track the performance of their mutual fund investments on its subsidiary portal Paytm Money for free.

Investors would have to upload their Consolidated Account Statement (CAS) generated via Karvy Fintech on Paytm Money to track their all investments in their portfolio on the Paytm Money app, the company said in a statement.

Paytm Money claimed of registering over 1 million users within six months of launch.

Mutual fund investors putting their money via multiple channels including asset management companies, banks, advisors and distributors don’t get to look at the performance of their investments cohesively under a single platform.

Investors who haven’t invested via Paytm Money app can also track their daily portfolio performance irrespective of their channel or the mode of investment.

“We received many requests & feedback from Paytm Money users to be able to import their external investments to our platform. This assists an investor in keeping track of all investments in one place, further helping in their investment decisions,” said Paytm Money whole-time director Pravin Jadhav.

Paytm Money claimed to have partnered with 34 asset management companies covering over 94% AUM of the mutual fund industry.

Paytm’s mutual fund arm operates from Bengaluru and has a team of over 250 members Paytm Money, which aims to become a full-stack investment and wealth management services company, offer users mutual fund investments starting with Rs 100 via systematic investment plan or lump sum mode.

Recently at the World Economic Forum in Davos, Paytm’s chief financial officer said that the company is looking at expanding to 1-2 more developed markets this year. He told Reuters that the company has already found its footing in Canada and Japan while many of its commerce and financial services businesses have started to generate revenue and profits.

The company is also reportedly planning to expand into lending and credit cards services.

[“source=financialexpress”]

Here’s Why ‘Destiny 2’ Can’t Bring Back Year 1 Armor (Yet), And How To Fix That

Destiny 2Bungie

One common refrain among Destiny players is that it makes little sense to keep making old gear irrelevant at this rapid of a pace. When armor received random rolls in year 2, for instance, the solution was not to just give all current sets random rolls and actual perks, but instead to just leave them with…literally nothing, allowing only year 2 armor and beyond to roll with actual perks.

What this means is that everything players worked to earn in year 1 is functionally useless, because having armor with no perks is a recipe to be at a huge disadvantage in every activity. But that means leaving tons and tons of sets behind. Ones from every destination, old Eververse sets, sets from Zavala and Shaxx, from the raid and Trials and Iron Banner. Those damn Solstice sets that we grinded for ages for. None of that is useful, and even if you can require it from collections, there’s no actual point in doing so without perks.

The problem is that you can’t just flip a switch and grant everything rolls all of a sudden because of the way the current economy and acquisition system is set up.

Right now for say, planetary vendors, you can simply buy individual pieces of armor directly from them. Even if you disallowed random rolls on those pieces, you can also turn in materials for engrams, materials that Spider now sells for legendary shards. What that would mean is that it would only cost you a handful of shards to keep rolling and rolling and rolling for god tier loot with the exact perks you wanted, but changing the Spider economy would mess things up for say, infusion.

Raids, Trials, Eververse and Iron Banner stuff are each their own issues, but Bungie isn’t even attempting to try and find a fix for any of it. So I will, because this is just way, way too much stuff to leave behind, and the more stuff there is try and acquire, the more engaged players will be. More so than getting their 98th Tangled Web set, that’s for sure.

Destiny 2Bungie

Planetary Vendors – No longer sell individual pieces of gear, and no longer accept materials for random engrams. Give each a “heroic” bounty that gives out one piece of planetary gear a day (not powerful, just themed). Give planetary set rewards at the end of adventures that take place there. Have an increased chance to drop planetary sets when on patrol or running strikes in those areas. You could even add planetary gear to the Prime Engram loot pool so give Rahool more of a selection.

Raids – Just let people run the old raids and raid lairs and have gear drop like normal. You don’t get raid gear fast enough to make this a farming problem, so if people really want to hunt for good rolls on old gear this way, let them. Who cares.

Year 1 Crucible, Iron Banner and Vanguard sets – Allow players to pick between turning in tokens for old sets or new ones. If you want to encourage people to give the new set a shot, make getting the old set like, twice as expensive or something in terms of how many tokens gets you a piece. But it would still be a way to acquire stuff. Also periodically drop old gear as rewards in those activities.

Destiny 2Bungie

Trials – I do not have a great answer for this one. Given that Trials no longer exists, these sets may have to stay dead. You could do something crazy like offer Xur 150 shards for one random piece of Trials gear you’ve already acquired, now with rolls, but this is a tough one given that the activity is just not in the game at all.

Escalation Protocol – Literally nothing needs to change. Just let people keep grinding it for random EP gear, it’s probably the best damn armor in the game. I never completed it enough to get full sets back when it was relevant, but at 650 power I sure have now even with just a couple randoms, and it’s a bummer that gear is just pointless now (outside of the weapons).

Solstice Gear – Another tough one because this was a one-time-only event. At the very least, just give everyone random rolls on the pieces they still have. They might suck, but at least they’d have the potential to use them. I’m not sure how more rolls would work for these unless there was some sort of grand re-roll mechanic for everything, but that’s an issue for another day.

Destiny 2Bungie

Eververse/Holiday sets – You may have heard my philosophy that putting armor in Eververse at all is BS and all of this stuff should just be in the general loot pool. Put all old sets in there now with random rolls, and stop doing limited time only sets that are literally impossible to effectively farm for rolls.

The other, easier solution to all of the above is just to allow armor transmogrification, meaning you can pay some currency to make any rolled armor you want look like any piece of gear you’ve acquired. This may be the easiest fix if you don’t want to jump through all the above hoops, and I’ve already written about that extensively.

I don’t know if I’ve covered every old armor set in the game here, but that’s a good chunk of them. There is a way to make this work, and it really makes no sense that A) Bungie would take so time designing this stuff and B) players would take so much time earning it only to have be made irrelevant in a year’s time. That isn’t how loot-based games like this are supposed to work, and there are fixes here if Bungie wants to pursue them.

[“source-forbes”]

Top Gear Series 25 Episode 1 review: The future finally looks bright

Matt LeBlanc and Chris Harris in Top Gear

Top Gear is revving its engines as it looks to accelerate full-speed ahead into a new era after its stalled start in 2016. But if the first series without Clarkson, May and Hammond was a *cough* car crash – Chris Evans’ iteration was a disappointment with critics and audiences alike – and last year’s series was an attempt at rebuilding, then the new run looks ready to put the pedal to the metal and maybe even guide it back to its glory days.

It’s down to Matt LeBlanc, Chris Harris and Rory Reid to find their own identity while winning back long-time fans of Top Gear – and on the evidence of the first episode of series 25, they look very close to striking a winning formula that stays true to the show without becoming a cheap imitation of its past.

LeBlanc appeared comfortable at the helm in the first episode of the new season, although if truth be told, with his presenting team of Chris Harris and Rory Reid, it feels like the three petrolheads are on an equal footing, enjoying their time together.

The banter between the trio is fantastic – and it was an inspired choice to kick the series off with an episode almost entirely dedicated to a road trip across Nevada in tribute to the V8 engine.

Their cheeky humour shines through, especially with a number of impromptu tasks, including a Wild West “duel in the dirt”. After which, the loser is faced with a nail-biting challenge – the watch-between-your-fingers ‘Chain Car Figure of 8’ which really has to be seen to be believed.

It’s not all long open roads and inventive tasks, though – at one point, the trio face a race against Officer Block as they run a crate of moonshine to the state line. And we’ve also got the return of the Star In A Reasonably Priced Car segment, which is a very welcome move.

BBC's Top Gear season 25 - The Stig

This week, it’s comedian Rob Brydon in the hot seat – and it’s worth watching for his commentary on his run alone. Charming, hilarious and knowledgeable, he’s a great guest to kick off the series, even if Matt and Rory can’t resist tearing into some of his choices in cars.

He set himself a goal of beating Tinie Tempah’s time of 1:50.04 – you’ll have to check the episode this weekend to see if he was able to – but the excuses came in early as the track was absolutely drenched.

Battling the elements, Rob struggled with the gears but got enough control to put in a very good effort. Commentating on his run, he teased from the studio: “The classic Roman profile gripping the wheel with assuredness and a strange sensuality.”

Naturally, it’s not perfect – some lines and segments come across as a little awkward and too scripted, with the three stars still finding their feet and getting used to each other. Reid admitted last year that chemistry doesn’t come overnight, and while that’s definitely true, they’ve still taken great strides and now come across as much more likeable.

There was a slight disappointment that the trio couldn’t complete a challenge at Bonneville – the US’ fastest race track – because freak rain left it waterlogged, but they seem just as gutted as us. Harris admitted: “I suppose I’ve now got one of the worst Bonneville stories out of anyone I know.”

All in all, the biggest take away from the first episode is just how easy it is to watch without comparing it to what has come before, and enjoy it for what it is. Sure, The Grand Tour has Top Gear’s successful and beloved trio at the helm, but LeBlanc, Harris and Reid are in the driving seat of a new era and the road ahead looks clear. Hit the gas, boys.

[“Source-digitalspy”]

Kaalakaandi Box Office Collection Day 1: Saif Ali Khan’s Film Gets A ‘Slow Start,’ Collects…

Kaalakaandi Box Office Collection Day 1: Saif Ali Khan's Film Gets A 'Slow Start,' Collects...

Box Office: Kaalakaandi: Saif Ali Khan in the film. (Image courtesy: Kaalakaandi Film)

NEW DELHI: 

HIGHLIGHTS

  1. Kaalakaandi features Saif Ali Khan in the lead role
  2. The film grosses Rs. One crore
  3. The film also stars Deepak Dobriyal

Saif Ali Khan’s latest release Kaalakaandi, which opened to positive reviews on Friday, has ‘grossed one crore net’ at the box office on Day 1, Box Office India reported. The film stars Saif Ali Khan as the protagonist, who has been diagnosed with stomach cancer. Saif’s character does not have much time in hand and he realises that he should make the most of the remaining days. Box Office India also reports that because the film is set in the backdrop of Mumbai, it has performed a little better in Mumbai and Pune as compared to other cities. Earlier, of Kaalakaandi, film distributor Akshaye Rathi told Indian Express that the film will perhaps manage a score of Rs.1.5 crores on opening day and that the first weekend collections will be limited to single figures.

Kaalakaandi released at the box office with Anurag Kashyap’s Mukkabaaz and Zareen Khan’s 1921.

1921 was the best out of the three films with collections set to be in the 1.50 crore net range, reported Box Office India while Mukkabaaz had the lowest number with around 75  lakhs net.

In his review for NDTV, film critic Saibal Chatterjee gave Saif’s film 3 stars out of 5. “For cinema trivia geeks, Kaalakaandi is strewn with interesting takeaways. The principal protagonist (Saif Ali Khan), who like the conscientious but dull bureaucrat Watanabe in the Akira Kurosawa classic Ikiru, is diagnosed with stomach cancer and given only a few months to live. The multiple tales unfold in parallel arcs. It is only in the penultimate scenes and a zany final shot that the plot connects a few of the characters but only in a tenuous manner. Kaalakaandi takes a while to warm up but when it does it sets a lively pace, especially in the second half,” he wrote.

Apart from Saif Ali Khan, Kaalakaandi also stars actors like Deepak Dobriyal, Vijay Raaz and Kunaal Roy Kapur.

[“Source-ndtv”]