Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.
'They are a poor fit for anyone with near-term goals, low volatility tolerance, or a need for steady income or liquidity.' 'First-time investors should typically avoid them.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Investor confidence in value mutual funds remains robust, with the category witnessing an inflow of Rs 1,556 crore in January, indicating a shift in their focus towards fundamentally strong yet undervalued stocks.
Value mutual funds have witnessed robust investor interest, garnering Rs 22,757 crore in inflows in 2024, nearly double the amount seen in 2023, fueled by impressive returns generated by the segment. This surge reflects a shift in investor focus towards fundamentally strong yet undervalued stocks.
Returns of liquid funds are meant only for the short term and don't help investors create wealth over the long term, as equity funds do.
'Those trying to use these funds for quick gains should avoid them due to risk of being late to the party.'
Investors keen on mid and smallcap stocks but wary of volatility should consider multicap equity schemes over standalone midcap or smallcap schemes.
Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.
These funds have lowered the entry barrier for investors who can now invest with just Rs 5,000, points out Sanjay Kumar Singh.
Nikunj Saraf, Vice President Choice Wealth, answers your Mutual Fund queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Brokerage CLSA has raised its "already substantial overweight in India", its chief strategist Christopher Wood wrote on Aug. 7.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Indian market probably has more headroom than the US, says Geoff Lewis, senior strategist for Asia, Manulife Asset Management.
Cheyenne Woods upstaged the game's biggest names as she birdied five of her last nine holes to share the first-round lead at the Manulife LPGA Classic .