'First-time investors, busy professionals, NRIs and those with modest sums looking for curated strategies may find FoFs especially appealing.'
Pakistan declared an 'open war' with Afghanistan following airstrikes targeting Taliban fighters in response to alleged cross-border attacks. The situation has drawn international concern, with calls for de-escalation and diplomatic resolution.
Is the parabolic rise in silver running out of steam or just getting started? Ramalingam Kalirajan offers his take on if you should invest in silver now?
Prime Minister Narendra Modi inaugurated the Seva Teerth complex, which will house the Prime Minister's Office (PMO), the National Security Council Secretariat, and the Cabinet Secretariat, marking a shift towards modernizing India's administrative governance.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
'Allocating 5 to 10 per cent of one's portfolio and staying disciplined through market cycles helps in having a positive investment experience.'
Commercial and prohibited speeches are not covered under fundamental rights, the Supreme Court on Monday said as it asked five social media influencers, including India's Got Latent host Samay Raina, to display their unconditional apology in their podcasts or shows for ridiculing persons with disabilities and rare genetic disorders.
Pakistan summoned the Afghan ambassador to convey its strong reservations over the India-Afghanistan joint statement issued in New Delhi, particularly regarding references to Jammu and Kashmir.
Pakistan has handed over evidence-based demands to mediators in Istanbul talks with the Afghan Taliban, aiming to end cross-border terrorism. The talks follow recent border clashes and aim to defuse tensions between the two sides.
'For most investors, I recommend a low double-digit allocation (10 to 12 per cent) to gold and silver combined.'
Passive funds appeal to investors seeking to avoid the risk of underperformance by the fund manager and minimise the need for frequent chopping and changing of funds.
'By investing in a basket of funds, FoFs can help minimise the impact of underperforming funds, thus reducing overall investment risk.'
The Rs 84,000 crore domestic fund of funds (FoFs) space, which was in the doldrums over the past 18 months, has now caught the attention of investors due to a change in the tax structure in Budget 2024. The broader category, which includes offerings across equity, debt and commodities, has seen a spike in the inflows over the past two months. FoFs typically deploy the pooled capital in one or multiple MF schemes rather than investing directly into equities, debt or commodities.
New investors should avoid short-term, tactical entries and instead go for staggered buying via ETFs to manage volatility.
'Maintain a balanced approach with a preference for short-to medium-duration funds.'
Sarfaraz was dropped from the 18-man squad fo the five-match Test tour of England.
Pakistan on Wednesday summoned the Indian charg d'affaires and lodged a strong protest against the Indian military strikes.
Responding to the accusations, MakeMyTrip had firmly denied allegations questioning its ownership and data practices, emphasising that it is a proudly Indian company, founded and headquartered in India, and trusted by millions of Indian travellers for over 25 years.
The announcement on expansion of CPEC was made following a meeting among Chinese Foreign Minister Wang Yi, his Pakistani counterpart Ishaq Dar and Afghanistan's Acting Foreign Minister Amir Khan Muttaqi in Beijing, according to a Pakistani readout.
'Nadaaniyan caters to anyone who enjoys the innocence of first love.'
'The Asian Chess Championship will give great exposure for young chess players. But the AICF is curtailing the number of Indian players with a strange rule.'
As Friday is the day of the opening ceremony, no civilian flights will be allowed from 6:30 pm to midnight in a 150-kilometre (90-mile) radius around Paris -- limiting the potential impact of the strike.
Inflows into gold exchange-traded funds (ETFs), which manage a total of Rs 37,390 crore, have surged sharply in recent months. This trend is likely to continue, especially after the reintroduction of long-term capital gains tax (LTCG), which is likely to attract smart money into mutual fund offerings amid a robust outlook for the yellow metal. Smart money, also known as opportunistic flows, refers to strategic investments that are generally of a short-term horizon.
rediffGURU Ulhas Joshi answers your mutual fund queries.
The Food Safety & Standards Authority of India (FSSAI) on Tuesday asked e-commerce and quick-commerce food operators to ensure a minimum shelf life of 30 per cent or at least 45 days before products expire at the time of delivery. The order follows rising concerns over violations of food safety standards in quick-commerce and e-commerce.
Most investors should have a 5% to 10% allocation to gold for diversification. They should stagger their investments to mitigate timing risk.
Let reason, not emotion, guide your decisions.
Invest with a 5 to 7 year horizon so that you are able to ride out price volatility and benefit from the long-term trends of demand and macroeconomic shifts.
The banned Baloch Liberation Army (BLA) claimed responsibility for the attack, saying the blast was a suicide attack targeting a convoy of Chinese engineers and investors leaving the Jinnah International Airport.
If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.
'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'
In the name of freedom of expression, space should not be given to those advocating violence or legitimising terrorism, India said on Thursday in a message to countries such as Canada, Australia, the US and the UK where pro-Khalistan groups issued posters with threats against senior Indian diplomats.
While the minimum holding period for LTCG taxation has now been lowered, the tax outgo could be a bit higher under the new structure.
The FoBs were constructed by the Army Engineers in a record 117 days.
An FoF is a mutual fund that invests in other mutual funds belonging to the same fund house or belonging to other fund houses.
Refreshing salads lick the summer heat.
Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.
After Bandhan MF's US Treasury Bond 0-1 year Fund of Fund (FoF), Aditya Birla Sun Life (ABSL) MF has come out with US Treasury 1-3 Year Bond ETFs FoF and 3-10 Year Bond ETFs FoF. US bonds, which generally offer low yields, have turned attractive post the 525-basis point hike in US interest rates. According to Bloomberg data, the 1-year and 2-year US treasury yields now stand at 5.4 per cent and 5.1 per cent, respectively. Although the yields remain lower than what Indian government bonds offer, the differential has come down steeply.
Another product for high net worth individuals. However, the expense, in some options, is high.
The development comes amidst officials of the foreign ministries from the two sides exchanged goodwill messages.