The EPFO is now developing a software that will help show retirement savings in cash and ETFs components separately. At present the account only shows the savings as gross cash component.
The MF investor count, which stood at around 38 million in April 2023, has surged by 19 per cent in the past year.
The EC asked him to provide factual evidence with specific and pointed response to type, quantity, nature and manner of poisoning of Yamuna.
A comprehensive look into what this scheme is all about and why as an investor one should not go for this scheme.
Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'
Capital markets regulator Sebi on Monday cleared a proposal to introduce a new asset class for high-risk profile investors to bridge the gap between mutual funds and portfolio management services in terms of flexibility in asset construction. The minimum amount of Rs 10 lakh can be invested for the new asset class per investor across all investment strategies of the new product in a particular AMC.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
Lord Ganesha's teachings offer valuable insights for investors in the Indian stock market. By thinking big, working consistently, starting early, and approaching investing with a rational mindset, investors can increase their chances of achieving their financial goals.
Although net inflows into equity mutual funds deteriorated month-on-month (M-o-M) in March 2024 to Rs 22,576 crore (excluding Hybrid), down 15 per cent M-o-M (up 12 per cent Y-o-Y), asset management companies (AMCs) had a great year with robust growth in assets under management (AUMs). AMCs are likely to report strong PAT growth (30-40 per cent Y-o-Y) in Q4FY24 on the back of AUM growth. In Q4FY24, domestic mutual fund (MF) industry's quarterly average AUM grew by 34 per cent Y-o-Y and 10 per cent quarter-on-quarter (Q-o-Q) to Rs 54 trillion ($652 billion).
Literally new to the market, VIP is available only with Benchmark MF.
Dwaipayan Bose simplifies the whys and hows of revisiting your financial goals
Kareena's August look... Disha in Japan...Tabu looks casual...
Morgan came in for some criticism for the celebration, with England international Lianne Sanderson describing it as 'distasteful'.
Let reason, not emotion, guide your decisions.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'Choose an equity allocation that will allow you to remain invested even if the market falls by 50 to 60 per cent.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
New investors should gradually build a 5 to 10 per cent allocation to gold.
In this article, we list the wrong reasons for investing through SIPs and cite instances when SIPs may not deliver.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.
Investors often mistake SIPs as an investment avenue rather than a mode of investing in mutual funds
Investors should ideally invest via SIPs over at least 2-3 years.
While investing in a low priced micro-SIP may seem like a good idea, one must read the fine print before jumping in.
Currently, banks are closed every second and fourth Saturday of a month. Why shouldn't they be shut every Saturday? When most customers carry their banks in their pocket (the app on the mobile phone), there is no need to keep banks open on Saturdays, argues Tamal Bandyopadhyay.
'It's advisable not to go overboard on a banking sector fund or any other sector fund.'
Embark on a romantic escapade without worrying about the budget!
'Of the 20 trading days of January till January 28, FIIs have been selling for 19 trading days'. 'When did FIIs withdraw money with this kind of intensity?' 'It never happened. It's the first. It did not happen even during the 2008-2009 financial crisis when Lehman went under.' 'Even then you did not have like a 19-day selling spree from the FIIs.'
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
When you buy a stock, especially a mid- and small-cap one, have a price target. Once you hit the target, exit the stock, advises Joydeep Ghosh.
The SIP is simply an investment mode i.e. a means to invest in mutual funds and not an investment avenue.
Among the 30 Sensex firms, Bajaj Finserv, IndusInd Bank, Tech Mahindra, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, NTPC, and Sun Pharma were the major gainers. On the other hand, Bharti Airtel, ITC, Adani Ports, JSW Steel and Tata Motors were among the laggards.
One of the biggest advantages of index funds and ETFs is their low cost, points out Sarbajeet K Sen.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
One can equate SIPs to the recurring deposit.
'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'
