The only thing important point to keep in mind here is that you must have the investment horizon to hold the units till maturity. If you want to exit in between, you may not make any money as you too will have sell at the discount.
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Kick start your saving and money management strategy at the age of 25, and build it up gradually.
R Sukumar of Franklin Templeton Invetments (India) continues to be positive on the longer term prospects of the market although he feels that rising interest rates and inflation could pose as a problem in the short term.
UTI Mutual Fund recently launched Gold Exchange Traded Funds and many more companies plan to follow suit. Get the lowdown.
ABN Amro Asset Management's latest offering ABN Amro Sustainable Development Fund seeks to invest in 'socially responsible companies,' and is the first of its kind in India.
Sanjay Sachdev of Shinsei Bank and Ajay Srinivasan of Prudential Corporation Asia give their views on where the markets are headed.
Income tax payers can now file their tax returns more easily, says tax expert Subhash Lakhotia.
Confusion over investments arises from the fact that people tend to act on information without applying knowledge.
It is a close-ended plan for a period of three years from the date of allotment of units, and will be converted into an open-ended one at the end of this tenure
Commenting on the market regulator's decision, Managing Director of Kotak Investment Banking, Falguni Nayar said she believes that short-selling will create liquidity and deepen the market.
A lot of people are going for personal loans, which has seen 30% growth in the past two years.
The mantras to creating wealth on the stock markets: Discipline. Patience!
Avoid mistakes most people make while buying a home, says Surendra Hiranandani, MD and Founder, Hiranandani Group of Companies.
Vasudeo Joshi, Head of Research of Man Financial, states his favourite picks from the midcap space.
Pierre Lavaud, president of Jetfin says that limited leverage is used by hedge funds in India. He states that there are no large scale redemptions from Indian hedge funds.
The focus of the fund manager could be diluted by the launch of several NFO's under his belt.
Head of Deutsche Equities Keshav Sanghi states that medium-term foreign investors are still positive on India.
Shankar Sharma of First Global expects global volatility to rise while he sees equities under pressure.
A host of companies, including giants like Reliance Industries are rushing in to finalise their interim dividend payments to outsmart a hike in dividend distribution tax (DDT) proposed in the Union Budget.