'They can shift to dynamic asset allocation funds to automatically rebalance their equity exposure.'
Being an ELSS, it offers deduction under Sec. 80C
There will be different ways of returning the money, depending on the profile of the depositors and the amount, predicts Tamal Bandyopadhyay.
An analysis of how DSP BlackRock Micro Cap fund has performed in the last five years
It is suspected that some portfolio managers at these banks, which have significant presence in Indian financial markets, could have helped their Indian clients to route their money back into India in disguise of foreign funds through use of investment vehicles across various jurisdictions.
About 150 years ago, in British India, big farmers in the western region of Maharashtra agitated over unfair lending practices and demanded a more fair and inclusive financing structure. People say this is where the seeds of the cooperative movement, now omnipresent in the country, were sown. Today, more than 800,000 cooperative societies thrive in India, with 300 million members, a number close to the population of the United States. Despite a reach this deep--grass roots as they call it--cooperatives do not occupy a lion's share in the Indian economy.
Monday's steep fall turned Sensex's yearly returns to - 2.57%, but only two large-cap funds did worse.
Markets are poised for excellent growth, provided reforms continue to roll
Tax planning will help you pay less income tax. Something everyone wants. But smart tax planning will help you boost your portfolio.
It might give Apple a boost in the fast-growing Indian, Middle East and African markets but also risks cutting its average phone prices and profit margins
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Why the case for investing in passive funds is becoming stronger.
If you plan to withdraw money from your corpus regularly to meet expenses, have a portfolio of stable instruments.
Three stockmarket experts give their best picks for the New Year.
The outcome is beyond the market's expectation and will be a sentimental boost, say analysts.
Balanced funds are suitable for investors who have low-risk appetite or are new to equities.Those with more than seven-year investment horizon should look at funds that have higher equity exposure.
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.
Returns in Systematic Transfer Plan are consistent as money invested in debt mutual fund schemes earns interest till the time the whole amount is fully transferred to equity fund, says Vishwajeet Parashar, Sr VP and Group Head -- Marketing, Bajaj Capital
The move comes within months of a crisis at JPMorgan Asset Management Company.
Birla Sun Life Mutual Fund, which manages assets over Rs 9,000 crore (Rs 90 billion), is eyeing acquisition and targets to grow by over 30 per cent this fiscal.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Add a term plan with a child mutual fund for best results.
For the investors, the fact sheet is an important document which informs them where their funds are being invested and how their funds are being managed.
Returns on godl have depleted in past few years,
Unlike most MF distributors in India, Paytm Money will be offering low-cost direct plans, which don't charge for distribution expenses
Three closed-ended equity schemes have been launched in the past month or so and another is set to open soon for subscription.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
'Kindly advise about the following stocks. Can I hold or exit?'
HDFC Mutual Fund on Thirsday completed acquisition of Zurich fund to become one of the largest players in the country.\n\n\n\n
Siddaramaiah announces free LGP gas, universal health scheme in budget
The gains from investing in direct plans can be higher than the difference in expense ratios.
In last few years, a number of global players have exited the Indian mutual fund business.
Jimmy Patel, MD & CEO, Quantum Mutual Fund, suggests some valuable financial gifts for your children.
Event-based volatility could rise in the near future, increasing arbitrage opportunities.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Finance Minister Nirmala Sitharaman on Thursday said the Indian economy is witnessing a strong recovery after a long and strict lockdown. Addressing a press conference to announce more stimulus measures to boost growth, she said macro-economic indicators are pointing towards recovery. She noted that COVID-19 active cases have declined from over 10 lakh to 4.89 lakh with case fatality rate (CFR) at 1.47 per cent.