The average difference in expense ratios between a regular and direct plan is 100 to 120 basis points. For those who need hand holding, spend the 100 to 120 basis points and get advice on the right schemes that suit you. Don't land up buying a scheme with low expense, but lower returns.
Buoyancy in the equity market and the soft interest rate regime have prompted insurers like the LIC to focus on unit-linked products that provide life cover as well as tax benefits and capital appreciation to investors.
L&T chairman AM Naik is worried about few things.
Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
He congratulated the Uttar Pradesh government and industrialists for their commitment for development.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Manmohan said he will get a chance to put forward his case with all the facts and expressed confidence that the truth will prevail.
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Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
This Rakshabandhan festival will be special for hundreds of elderly widows of Varanasi as they plan to send 1,000 rakhis along with sweets to Prime Minister Narendra Modi, who made his parliamentary debut in May from this temple town.
Life Insurance Corporation and UTI Mutual Fund are in the fray for entering the lucrative pension business, which is slated to grow to Rs 50,000 crore (Rs 500 billion) by 2010.
MFs have benefited from a shift to financial assets from physical assets like real estate and gold.
'There was the indisputable fact that Savarkar knew Godse, Apte and Karkare well, he had corresponded with them closely, and funded their extremely provocative newspaper, and they looked up to him as their icon.'
The number of fund houses are increasing each year in the fast growing Indian economy but when it comes about the size, the top five players control over half of the country's mutual fund business.
Now govt employees to enjoy greater say in how their NPS corpus is invested. Younger employees should raise their allocation to equities in this very long-term investment instrument
Opposition parties on Thursday launched a vociferous attack on the Centre over its handling of the farmers' agitation, callings its dialogues with the protestors 'monologues', even as the ruling Bharatiya Janata Party defended the new laws asserting that its government is committed to the welfare of peasants and increase their incomes.
Exchange to launch mutual fund trading platform; BSE set to follow.
Azim Premji's Rs 175-crore (Rs 1.75-billion) investment in Future Retail will help Kishore Biyani tide through crisis.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Fast cars, marathons, golfing and shooting - nothing stops these high-power tycoons from pursuing their passion.
Higher than average returns, lower risk and a well diversified portfolio make these funds a sound proposition.
While several opposition parties criticised the move, Union minister Prakash Javadekar said the Parliament session is being held under special and extraordinary circumstances.
Various facets of Mahatma Gandhi's life journey were displayed by the 22 tableaux that rolled down the Rajpath during the 70th Republic Day Parade.
Tax-saving equity-linked savings schemes saw month-on-month rise in inflows at Rs 1,166 crores.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Fund houses bet on growth, divestment and deregulation.
During his brief visit, Tillerson was given a tour of the room at the Birla House where Gandhi had spent his last 144 days.
The investment strategy would revolve around structuring the portfolio so as to capture the positive price movements and minimise the impact of adverse ones.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The recent weakness in stock markets has provided an opportunity to buy quality stocks relatively cheaper
You can get a lumpsum sanctioned, but you may draw only part of it and pay interest on the amount used.
This product was first introduced by ICICI Prudential Mutual Fund (ICICI Prudential FMP Series 33) and Deutsche Mutual Fund in February. Recently, Birla Sun Life Mutual Fund has also floated a similar fund. The Nifty return, multiplied by the participation ratio (that is pre-decided by the fund) is the final returns. In Aviator, the participation ratio is 140-145 per cent, leading to returns of 43.14-44.5 per cent in our given example.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
After 13 years, Morgan Stanley Investment Managers on Thursday launched its second fund, Morgan Stanley ACE (Across Capitalisations Equity) Fund, which will invest in a portfolio of equity and equity-related securities, including equity derivatives.
The fall in the equity markets was to put some pressure on the balance sheets of the top five asset management companies (AMCs) in the country. But, two of them have managed to buck the trend, thanks to the rise in their average assets under management (AAUM).