Equity mutual funds witnessed an outflow of Rs 9,253 crore in January, making it the seventh consecutive monthly withdrawal, primarily due to profit booking and portfolio rebalancing amid markets touching new highs. The pace of outflows from equities has however slowed for the third month and Gautam Kalia, head - Investment Solutions, Sharekhan by BNP Paribas said that it will likely turn positive soon as investors get used to the new normal. In addition, investors pulled out Rs 33,409 crore from debt mutual funds last month after investing Rs 13,863 crore in December, data from the Association of Mutual Funds in India showed on Tuesday.
Did you know that employers have to pay equal remuneration to its male and female employees who are carrying out the same or similar work?
Do you have parents who have turned 60? You may want to forward Sarbajeet K Sen's suggestions to them.
Novices should enter markets via SIPs of equity mutual funds.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
If we don't design our lives, someone else will design it for us.
You can increase or reduce the sum assured of a term cover, depending on changes in your overall liability, advises Bindisha Sarang.
After eight months of consecutive outflows, equity mutual funds witnessed a net inflow of Rs 9,115 crore in March amid correction in the stock market. Barring multi-cap and value fund categories, all the equity schemes saw inflow last month, data from the Association of Mutual Funds in India (Amfi) showed on Thursday. However, investors pulled out Rs 52,528 crore from debt mutual funds last month, after investing Rs 1,735 crore in February, owing to advance tax payments and other year ending commitments. Overall, the mutual fund industry witnessed a net outflow of Rs 29,745 crore across all segments during the period under review, compared with a net inflow of Rs 4,090 crore in February.
Pritesh Dave shares his experience of being a new dad.
The company is also looking at creating an algorithm-based talent marketplace and an internal gig workers' community. Talent Cloud will be powered by Algo Talent Development, enabling associates to move across different technologies and industry domains.
"The PMJDY has been the foundation stone for the Modi government's people-centric economic initiatives. "Whether it is direct benefit transfers, Covid-19 financial assistance, PM-KISAN, increased wages under MGNREGA, life and health insurance cover, the first step was to provide every adult with a bank account, which PMJDY has nearly completed," Nirmala Sitharaman said on the sixth anniversary of the scheme.
Many are testing hybrid models including getting small batches to work, rotating staff every week, introducing shifts and allowing certain functions to operate from office in small numbers.
'I started reading your MF articles regularly so requesting your guidance as I would like to start investing in MFs'.
An emergency fund, as the name suggests, is one in which you have three months to six months' salary.
The recent circular follows the 'true-to-label' concept, but large funds in the multi-cap category may be forced to merge in the absence of sufficient small-cap options.
You can get a lumpsum sanctioned, but you may draw only part of it and pay interest on the amount used.
To validate the concept of flexi-use of airspace to fight battles and to secure the peninsular skies including the coastal belt, the Indian Air Force is all set to carry out the second edition of its mammoth exercise Dakshin Prahar from February 18.
Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.
Saundarya Rajesh has helped more than 8,000 women get back to work.
Here's what you should look at before investing in mutual funds.
The PM is keen to fill 40 per cent of joint secretary level openings with outsiders.
PIDP follows a bottom-up stock-picking strategy and prefers to invest in companies that have the potential to compound their cash flows over the years
According to a report by workplace provider Regus, 75 per cent of Indian respondents believe flexible working is a critical measure for achieving higher productivity.
A comparison shows that for Delhi to Mumbai air travel, the lowest airfare price is in the range of Rs 2,755, while the surged price for second-AC comes at Rs 4,104, a 42 per cent increase from the current train fares
If such a replacement is done, for example, in the 50 Rajdhani trains, officials said, it will create around 14,400 additional berths for AC-III passengers.
From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
Take charge and use these laws wisely.
The system is available for online ticketing now but it will be extended to over the counter sale also as the required software is being readied for the purpose.
K Ramalingam explains the three most powerful signals that indicate your mutual fund's performance
According to the consumer affairs department, these chit funds are operating at a small level.
Niti Aayog has come out with an initiative to improve governance in states.
Travel companies are reducing the number of days from packages to make it more affordable for globe trotters.
Lavasa will replace Rajan Watal, who retires on Saturday, even as the budgetary process is yet to be finally completed.
Three fund managers share their views and state where they are looking for value.
With an aim of countering the 'anti-developmental' propaganda of Maoists, the Central Reserve Police Force has devised a new strategy of putting up hoardings in local dialect to seek tribals' support in construction of a National Highway in Chhattisgarh's worst insurgency-hit Sukma district.
'When buying a term insurance plan, you need to visualise today what could happen to your family tomorrow in your absence,' suggests Mahavir Chopra, director-health, Coverfox.com.
'What exists instead is a clear gap between skilled people and the work at hand.' 'Employers on most occasions find it difficult to find a match between the two,' Adi Godrej tells Viveat Susan Pinto and Niraj Bhatt.