Check the asset allocation of your diversified equity fund to see that you really have a lower-risk scheme.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Backed by upsurge in stock prices, diversified open-ended equity schemes of mutual funds posted an average 19 per cent return for the one year ended June 2003, according to Crisil's mutual fund ranking.\n\n\n\n
UTI Mutual Fund plans to foray into the pension sector once the government sets up Pension Fund Regulatory and Development Authority in October this year.
Most equity schemes have more than doubled their NAVs in 8 years, even if they entered at the pre-Lehman crisis peak
Sebi on Friday imposed a penalty of Rs 50 lakh on Kotak Mahindra Asset Management Company (AMC) and barred the fund house from launching new fixed maturity plan (FMP) scheme for six months for violating regulatory norms. The markets regulator has directed the fund house to refund a part of the investment management and advisory fees collected from the unitholders of the six FMP schemes along with a simple interest at the rate of 15 per cent per annum. The case relates to the fund house's investment in certain FMPs. These FMPs of Kotak AMC had invested in Zero Coupon Non-Convertible Debentures (ZCNCDs) issued by Essel Group entities.
If one compares returns, the two public-sector ETFs have done better over the past year, but the ELSS category has done better over the trailing three and five years.
Reserve Bank of India lens on mutual fund, insurance, gold coin sale by branch's non-sales staff
In other debt-oriented funds, retail assets jumped from about Rs 45,000 crore to Rs 64,000 crore.
Many investors get out of their existing MF scheme to invest in new MF schemes as they are told they will get more units. But beware, this may not be good for you.
Two factors play a predominant role in fetching good returns -- stock selection and allocation, suggests Sanjay Kumar Singh.
The country's leading fund manager UTI Mutual Fund is likely to enter the capital market with its public issue by the end of current fiscal and has already got the approval from its board for the IPO.
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
Will 2022 be a year of contrasting narratives -- one filled with caution and the other with continued optimism?
If you save regularly and you buy funds that fit your asset-allocation mix, you will do as well as, or better than, most professionals in the financial world.
According to a notification on Saturday, the "services rendered by a mutual fund agent or distributor to mutual fund or asset management company for distribution or marketing of mutual fund" form part of 34 items exempt from service tax.
'We would advise investors to hold on to multi-cap funds and not invest further until further clarity emerges.'
When it comes to successful investing it is the journey that is more enjoyable than the final destination.
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
Any speculation suggesting otherwise, or any rumours around sale of our business in India are incorrect and simply that -- rumours, says head of the US-based asset manager.
Every investor must have a clear game-plan and set financial goals based on certain pre-defined objectives with specified time frames.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Reserve Bank Governor Shaktikanta Das on Thursday said the central bank's asset purchases, aimed at mitigating COVID-19-related liquidity stress in the system, did not dilute its balance sheet or compromise on core principles of central banking. In the wake of the pandemic, the RBI undertook several conventional and unconventional measures. "Unlike many central banks, the RBI's asset purchases did not dilute its balance sheet and hence, did not compromise on core principles of central banking," Das said while addressing an event organised by the Bombay Chamber of Commerce. These purchases were confined to risk-free sovereign (government) bonds including state government securities only, he said.
Experts say a combination of improving asset quality and NBFCs' weak balance-sheets bodes well for both corporate and retail banks.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Learn how not to make losses by learning your money lesson from mutual fund portfolio of an investor.
Can humans and leopards co-exist in Mumbai? The answer is not what you think!
More may follow as market indices gain 80 per cent
Here we take a look at what dividend is, why mutual fund dividend is not a true dividend and why investing just for the sake of dividend can make you poorer.
UTI, HDFC, Reliance MF and SBI MF already source 17-25% of funds from small towns.
While the amount collected is a tad lower than last two years, it may surpass the previous two years' collections by the end of the year.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
At the outset, decide whether you want to be a trader or an investor, suggest Sarbajeet K Sen and Sanjay Kumar Singh.
