Equity shares or equity mutual funds are not suited for investment horizons less than 3 years in our view. for a one and a half year period consider FMPs or bank deposits, says personal finance expert Rahul Goel.
MF assets remained unaffected by the January market crash, said research firm Crisil. Some fund houses even registered an increse in AUMs.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Funds like Franklin India Tax Shield makes it to the list of good tax saving schemes, says Rahul Goel.
"This decision of removing initial issue expense will make close-ended mutual fund schemes less expensive for retail investors", Sebi chairman M Damodaran said while briefing reporters after the board meeting. The Sebi board also cleared the draft proposal for listing of debt securities, ease disclosure norms for existing debt market securities and paved the way for permanent registration of capital market intermediaries.
Last year ended on a positive note in terms of investment in the domestic equity mutual funds; thanks to a rise in the equity markets during the month of December.
If you continue to invest Rs 10,000 per month till you retire, assuming a return of about 15 per cent, you should be able to accumulate Rs 1 crore, says financial planning expert Rahul Goel.
Total exposure of equity mutual funds to banking stocks is over Rs 42,000 crore - the highest level in more than three years.
Infosys has reclaimed the top spot from ITC on the funds' popularity chart, according to an analysis by Crisil.
The government on Thursday appointed PSU mutual funds UTI MF and SBI MF as managers of the corpus lying with postal and rural life insurance entities, a move that could lead to investment of the sum into the booming capital market.
'The markets haven't corrected, that doesn't mean that they will only go up and up.'
Mukul Gupta, CEO, Birla Sun Life AMC talks about the benefits investors can draw by investing through mutual funds.
If you invest in one shot into a mutual fund, you run the risk of having mistimied the investment. The SIP dilutes this risk by having you invest money on a fixed date every month over a period of time, says financial planning expert Rahul Goel.
Mutual funds and ulips are two very different investment instruments. Before investing, please understand the product your are putting you money in very well, says Rahul Goel.
Whether you invest one time, or in multiple installments, the entry load will be the same. the load is charged on the value of the investment. The money is invested in installments so as to average out the cost of acquisition of mutual fund units, says personal finance expert Rahul Goel.
Gold ETS do make investment sense for some, but not all, investors. We would need to understand your circumstances well to be able to guide you on this, says personal finance expert Rahul Goel.
One needs to set aside only about 15,000 per month in assets yielding 15 per cent per annum to achieve an inflation adjusted goal of Rs 1 cr in 25 years. Since the tenure is long, best would be a portfolio of diversified equity funds, says the financial expert Rahul Goel.
Equity flows turning positive could give fund managers firepower to invest in the markets. This could come in handy as flows from foreign investors have tapered off amid rising bond yields in the US.
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
If you have about 3-5 hours every day to study the stock markets and the companies to inevst in, then go for direct equity. If not, go in for mutual funds, says expert Rahul Goel.
Domestic mutual funds have added over 20 billion dollars in July to their 100-billion-dollar kitty, driven by fresh capital raised through new fund offerings as well as a sharp rally in stock markets.
Under the proposed rules, mutual funds may not be allowed to borrow more than 20 per cent of the net assets of a scheme and the duration of such borrowing would not exceed six months.
The question of debt mutual funds verses fixed deposits has been going on for a long time. Which one serves better for the conservative investor? InvestmentYogi takes a close look and breaks it down, giving you the details you need to make an informed choice.
According to a strategist at a leading foreign brokerage, the inflows into India can be sourced to a host of India dedicated funds and some global funds.
For a new investor the right way to begin is consider well diversified funds that invest predominantly in large cap stock
While looking to give a boost to the mutual fund sector with some contribution from about Rs 5.5 lakh crore (Rs 5.5 trillion) corpus being managed by Employee Provident Fund Organisation, Sebi feels that age restrictions would safeguard investors from 'unnecessary risks' during years closer to their retirement.
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
FMC chairman S Sundareshan, while delivering a lecture on 'Commodity Future in India,' strongly advocated the participation of the crucial financial sector in commodities.
The Finance Minister has come out with a broad roadmap aimed at regaining the confidence of investors in the Indian economy.
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
When mutual funds change their unit values, investors think there is a real change. In reality, it is not.
They give you tax sops on investments and are also exempt from long term capital gains tax.
Concerned over the non-performance of some schemes over a long period of time, Sebi Chairman U K Sinha said that fund houses need to look into the matter and consider merger of some schemes.
The report on Mutual Funds Investments released by Research and analytics firm, Boston Analytics, suggests investors are holding back from putting their money in mutual funds because of their perceived high risk and a lack of information on how mutual funds work.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
Domestic mutual funds have witnessed a windfall of assets worth about Rs 20,000 crore (Rs 200 billion) over the past month on the back of investors reposing faith in the market.
Past performance is undoubtedly very luring, but should you rely on it?
Investors can now look forward to new opportunities in the global markets with eased overseas investment norms for mutual funds, which provides the much-needed quality diversification to their portfolios, the industry experts said.
ffIn an hour-long chat on on rediff.com on Friday, MCX-Zee Business award winning Mutual Fund expert, Ashok Kumar offered some tips on mutual funds.
