This feat was achieved 25 years after the mutual funds industry was opened to private players. The industry now aims to achieve the next Rs 25 trillion in 5 years.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In an hour-long chat on rediff.com on Friday, Abchlor Investment Advisors MD and founder www.investonline.in Abhinav Angirish offered some valuable investment tips.
'I am not envious of those who are making millions. It's their era and I had my era.'
SIPs worked better than other investing styles in the last 15 months, and you did not need to be an expert to succeed.
IAF Flying Officer Jawahar Lal Bhargava was forced to stayed in the POW camp at Rawalpindi for the year that followed only to be released in December 1972.
Are value averaging investments plans better than systematic investment plans? Do they have any downsides? Here are the answers.
We asked you, dear readers to share yours smart tips to save money. This is what Mahesh Kaushik, 45, from Ghaziabad had to share.
On a daily basis, AMCs are required to disclose the Total Expense Ratio of all mutual fund schemes except infrastructure debt fund schemes on their respective websites.
The group would start its India journey with stores in Mumbai and New Delhi.
'I felt insulted, very hurt, that Indian cinema meant only Hindi cinema.'
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
Facing the prospect of empty stands at the first fanless Grand Slam since the coronavirus outbreak, top contenders at this year's US Open admit that the unprecedented new hush will take some getting used to.
Even today when news organisations and their owners have stooped before the powers that be when they were only asked to bend, Prannoy is still standing tall, asserts Sanjay Ahirwal, , former managing editor, NDTV Worldwide.
The fund house has proposed the government allow those investing up to a specified amount, to contribute on a monthly basis without submitting PAN, which is a must for all mutual fund investments. SBI MF is hoping to get around 250,000 investors to invest in 'Chota SIP.' The product aimed at the lower income group, the subscription level could rise to 1 million if the PAN requirement was done away with.
Sikandar Kher's Nishikant Adhikari is a solitary poet by the corner, trying to remind us that the honest plans of honest people don't always come to respectable ends, observes Sreehari Nair.
Financial planning expert Vicky Mehta offers some valuable tips about financial planning.
The Reserve Bank of India's (RBI) new rules for credit and debit cards came into effect from October 1. These include tokenisation, one-time password (OTP) for activation after 30 days, written permission for enhancement of credit limit, and greater clarity on interest calculation.
NCP chief Sharad Pawar had reportedly expressed his displeasure to state Home Minister Dilip Walse-Patil, who is from the NCP, about the escape of Sena MLAs
Financial planning expert Vicky mehta offers some valuable tips on mutual fund investments.
Most of the members, including Prime Minister Narendra Modi, were seen wearing face masks. However, members had crowded the Lok Sabha chamber, while hardly a handful of others, including union ministers Dharmendra Pradhan and Piyush Goyal, were seen seated in the Rajya Sabha chamber.
Financial planning expert Irfan Rupani offers valuable tips on mutual funds.
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
Apart from SIPS and STPS, value- averaging can help investors make more money, says Devangshu Datta.
We invited readers to send in their interesting summer snapshots. Here are some more responses -- and you can share yours too!
Investors must remember that merely investing through SIPs will not deliver the results.
The best way to find an advisor is to talk to your friends and family who are using the services of one, says personal finance expert Rahul Goel.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Simran Dhir's very readable debut novel Best Intentions portrays the colours as well as the privilege and politics of Delhi life.
It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.
The Mumbai police, who are on toes in view of the intelligence inputs about a possible terror attack by Khalistani elements, on Friday appealed to citizens to remain indoors and avoid New Year parties.
To minimise risks, always go for a good mix of stocks, says Head Research and Director Edelweiss Insurance Brokers, Shriram Iyer.
The Kashmir Files is not an easy film to watch. It makes you realise that if we are alive today, it's a privilege and not something that should be taken for granted, observes Joginder Tuteja.
Systematic investing in a mutual fund is the answer to preventing the pitfalls of equity investment
SIP is very helpful in a volatile market. Since you invest a fixed amount, you buy more of the security when its prices fall and less when it is more expensive.
