Only if you are a conservative investor satisfied with index returns; but over long term actively managed funds give better returns in Indian markets
When billionaire Warren Buffet started his first fund in 1956 with eleven investors, he invested a token amount of $100 of his own money as "skin in the game". Buffet denies it but he is credited with coming up with the term describing those running a fund risk some of their own money in it. The mutual fund (MF) industry has more than Rs 81,200 crore riding on its schemes, shows a Business Standard analysis of data on sponsor and associate contributions from the Association of Mutual Funds in India (Amfi).
Antoine Griezmann and Samuel Lino scored in each half to give Atletico Madrid a 2-0 win over Lazio on Wednesday that secured them top spot in Champions League Group E, the first time since 2016 that they had reached the knockouts as group winners.
It's not uncommon for performers to become bigger than the stories they are placed in and Sreehari Nair would happily pay to watch Isha Talwar and Paramvir Singh Cheema riffing on love, bad life choices, psychology, rhythm, and oven-baked Kulchas in Chamak.
Any miscalculation and miscommunication are fraught with the risk of a major catastrophe, warns Rup Narayan Das.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
Cricket Ireland confirmed that India will travel to Ireland in August for a three-match T20 International series.
Billionaire Mukesh Ambani's Reliance Industries Ltd climbed eight spots to the 45th rank, the highest for an Indian company on Forbes' latest Global 2000 list of public companies worldwide.
Aiden Markram replaced Temba Bavuma as T20I skipper of the South African national side.
At least five people were killed in a shooting incident at a hospital campus on Wednesday (local time) in Oklahoma's Tulsa city, CNN reported, citing police.
Jansen replaces injured Dwaine Pretorius, who fractured his left thumb in the recent series in India.
Erica and Woods have been in an ongoing legal battle for several months. In October 2022, she filed a lawsuit against a trust set up for his residence. Erica said that she had a verbal agreement to live at the estate for five years but she was kicked and locked out of the home.
A round-up of Wednesday's action in the UEFA Champions League
Despite winning his first Test as captain, Temba Bavuma will walk away with mixed emotions after registering an unwanted record against his name.
The first Test starts at Lord's on Wednesday.
Paytm's pre-IPO investors, which include likes of Warren Buffet's Berkshire Hathway, SoftBank and Alibaba, do not seem to be in a hurry to exit India's leading digital payments brand as they continue to believe in its long-term prospect, analysts said. On Tuesday, 86 per cent of Paytm's shares became free to trade after the end of the lock-in period, allowing investors to sell shares that haven't yet been allowed onto the market. Market participants have been speculating on Paytm, post-expiry of lock-in for pre-IPO investors.
The fourth day of the first Test ended with South Africa scoring 94 runs for the loss of four wickets.
South Africa need 122 runs to win with 8 wickets in hand.
'Chasing sectors which have reported strongest earnings is not always the right strategy for outperformance.'
India pacer Mohammed Siraj said his approach to bowl consistently at one spot yielded rich dividends for him on Day 2 of the opening Test against Bangladesh in Chattogram.
Billionaire Bill Gates, in a 2019 interview, supported bringing back a regulation in the US to require the super-rich to pay a 55 per cent tax when they inherit their family fortune. Proponents of an inheritance or estate tax say it reduces inequality and creates a meritocratic society by chipping away at the enormous advantages the children of the wealthiest families enjoy by an accident of birth. Many large economies levy such a tax on their richest citizens; India does not.
Known as the Queen of Rock 'n' Roll for her blistering performances and powerfully gritty vocals, Tina Turner died on May 24 after a long illness. She was 83.
Ratan Tata, Chairman Emeritus of the Tata Group, on Sunday said ace investor Rakesh Jhunjhunwala will always be remembered for his acute understanding of the markets as well as for his jovial personality, kindness, and foresightedness. Jhunjhunwala, often referred to as 'India's Warren Buffett', passed away here Sunday morning due to a cardiac arrest. He was 62. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata conglomerate.
A lot of focus is on how Australia will cope with the dangerous Ravichandran Ashwin on turning tracks in India.
Shares of companies having investments of late billionaire investor Rakesh Jhunjhunwala ended on a mixed note on Tuesday. The 62-year-old investor, who was known as the Big Bull and Warren Buffett of India for his investment acumen, passed away on Sunday. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata group. Titan ended 0.88 pe cent higher at Rs 2,493.65.
Sunak, along with his wife Akshata Murty and two daughters, stayed in the flat when he was chancellor to former prime minister Boris Johnson.
The 78-year-old former Australia skipper, globally known for his intelligent views on the game and straight talk, became part of a distinctive voices team that backgrounded broadcasts of Australian cricket for more than three decades, alongside Richie Benaud, Bill Lawry and Tony Greig.
Former leg-spinner Mushtaq Ahmed wished Khan "a long and healthy life".
The Warren Buffet-backed Chinese electric vehicle manufacturer BYD will be unveiling a Born Electric SUV for the Indian market by the fourth quarter of the current calendar year. The deliveries of the same would begin in January, the company's top official said. This will be the first Born Electric SUV in the mass market. The Born Electric models from Tata Motors and Mahindra and Mahindra would be launched from 2024. BYD has been selling the E6 MPV in the Indian market since 2021.
The Supreme Court on Tuesday asked the Centre to clarify its stand on whether it wants to go ahead with its curative petition seeking Rs 7,844 crore as additional funds from successor firms of the US-based Union Carbide Corporation (UCC) for giving compensation to victims of the 1984 Bhopal gas tragedy.
Cheteshwar Pujara continued his good form in the English County championship with a second successive hundred for Sussex against Worcestershire but could not prevent his team from being enforced the follow-on.
Global engineering and product development digital services firm Tata Technologies on Monday said it has been selected by European aerospace major Airbus as a strategic supplier. The company will become an engineering, manufacturing engineering and services strategic supplier (EMES3), Tata Technologies said in a statement. "This is an outcome of an extensive seven month long multi-phased procurement assessment process that covered all Airbus divisions, subsidiaries, and affiliates across engineering, manufacturing engineering, and customer services engineering functions," it added.
His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu.
As Sachin turns 50, Rediff brings you 50 fascinating facts about the God of Cricket.
Kingsley Coman came back to haunt Paris St Germain again as he earned Bayern Munich a 1-0 win in their Champions League last-16 first leg in Paris on Tuesday.
The Bermuda Cricket Board has roped in Saurashtra's Niraj Odedra as the national team's head coach on a short term basis with an eye on qualification for the 2024 T20 World Cup in the West Indies and United States.
IMAGES from Day 1 of the second Test between South Africa and India, in Johannesburg, on Monday.
IMAGES from Day 1 of the 1st Test played between South Africa and India at Centurion on Sunday.
Images from the English Premier League matches on Saturday.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances