The mutual fund industry's average assets under management grew by Rs 86,355.19 crore (Rs 863.55 billion), or 15.66 per cent, and analysts said the increased inflows into fund houses show that investors are regaining confidence in equity schemes. The combined average AUM of the 35 fund houses in the country increased to Rs 6,37,609.41 crore (Rs 6,376.09 billion) in May compared to Rs 5,51,25,422 crore (Rs 5,51,25,4.22 billion) in April.
Which are the best mutual funds that you can still invest your money in? Which mutual funds can you safely knock out from your portfolio without affecting your returns? Financial planning expert Vetapalem Sridhar has the answers.
HDFC Bank, Reliance Industries and ICICI Bank remained among the top mutual fund (MF) buys for the second consecutive month in September. MFs deployed a net of Rs 15,000 crore into these stocks during the two-month period (August-September), revealed Nuvama Alternative & Quantitative Research reports.
Pru Dynamic, Reliance Diversified Power Sector Fund, Pru Services Sector Fund/ Infrastructure Fund, Templeton Prima or Reliance Growth Fund can give you high returns in the next 3-5 years feels mutual fund expert T Srikanth Bhagavat.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
Here is the first part of a series of articles to understand mutual funds.
The best deal for an investor will come from a mutual fund that has higher NAV appreciation and Sharpe Ratio and lower Standard Deviation.
Systematic investment plans of top mutual funds that you can invest your money for better returns.
Investors were stuck in old schemes though they were suspended because of tax implications.
Inflow in equity mutual funds halved to Rs 3,240 crore in May, declining for the second consecutive month, primarily due to profit booking by investors amid rising market. However, this was also the 27th consecutive month of inflow in the equity class, which was primarily driven by fund infusion in small-cap and mid-cap categories, data released by the Association of Mutual Funds in India (Amfi) showed on Friday. Overall, the 42-player mutual fund industry continues to see inflow and attracted Rs 57,420 crore, on contributions from debt-oriented schemes.
The Securities and Exchange Board of India (Sebi) has amended rules governing mutual funds to allow the domestic fund houses to engage in short-selling of securities and stock lending and borrowing.
The Indian mutual fund industry has evolved greatly in the last few years and the regulator has pushed it to become more transparent and investor-friendly.
How well a mutual fund does largely depends upon the performance of companies in which its funds have been invested.
Are you sitting on big losses on your mutual fund investments? Is there a way in which you can recover your losses?
Investors are moving away from the commercial paper (CP) market towards certificates of deposit (CDs), as primary CD issuances and rates on these short-term instruments rise.
For retail investors, who have money, but don't have time and expertise, mutual funds are perhaps the only way to invest in stock markets.
The first phase of this online platform will be in place by March 2010
It is important to engage the services of a competent and experienced financial planner who can help you build a mutual fund portfolio
Mutual funds are the right way to invest in stocks and bonds for individual investors.
Largecap equities are less volatile than mid- and smallcap stocks, making them suitable for risk-averse investors.
Financial planning expert Sailesh Multani offers some investment tips.
'Having a separate healthcare corpus is extremely important even for those already covered by health insurance.'
Investors pumped in more than Rs 37,000 crore (Rs 370 billion) in various mutual fund schemes in May taking the total funds mobilisation during the first two months of the current fiscal to Rs 1.44 lakh crore.
In recent times, 'inflation' has emerged as a buzz word of sorts. Simply put, inflation is a situation wherein too much money chases a limited number of goods. This leads to a fall in the value of money. Inflation is often expressed as a rise in the price level. For example, a product that costs Rs 100 now, would cost Rs 105 a year hence, assuming that prices rise at 5 per cent annually.
'The first time India has seen two consecutive blockbuster IPO years.'
When making a buy or sell decision on a fund, it is essential to look beyond profits, says Kavitha Krishnan
Coming down heavily on MF players who in recent past chose to use shareholder fund to buy out debt of bleeding invested companies, Sebi said MFs can't have standstill agreements with companies and will take action against fund houses for such deals.
In an hour-long chat on rediff.com on Friday, financial planning expert Vicky Mehta offered some valuable tips.
India's mutual fund industry is one of the brightest spots in an already fast-growing domestic financial sector.
ELSS is a great instrument for tax planning which also ensures good returns. But investment should be carefully planned.
'In my entire career, whenever friends, relatives, or associates have sought my counsel, I have told them consistently: Stay away from equities. Buy gold. Place funds in fixed deposits. Acquire some raw land.' 'That is all one genuinely needs to build meaningful, enduring wealth, without the attendant anxiety of equity market participation.'
Investors should use a mix of active and passive funds.
After abolition of entry load on buying of mutual fund units there is more good news in store for investors. Now, they can buy or redeem (sell) mutual fund units over the Internet too.
Investors who constantly hop between 'top-performing' funds often end up earning far lower returns than the very funds they invest in -- simply because they enter late and exit early. Best investors don't chase returns, they chase discipline, says Ramalingam Kalirajan.
From a modest salary to Rs 1 crore, here's Ramalingam Kalirajan's smart compounding blueprint for young earners
A look at five consistently performing equity mutual funds which look promising to perform well in the New Year.