Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'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.'
rediffGURU Sunil Lala answers your personal finance-related queries.
Unperturbed by election uncertainty, investors poured record sums into equity mutual fund (MF) schemes in May, driving India closer to a $5 trillion market capitalisation. The Rs 34,697 crore net inflows into actively managed equity funds last month surpassed the previous high of Rs 28,463 crore recorded in March 2022. In April 2024, equity schemes had garnered nearly Rs 19,000 crore.
New investors should gradually build a 5 to 10 per cent allocation to gold.
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.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how
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.
Embark on a romantic escapade without worrying about the budget!
The MF investor count, which stood at around 38 million in April 2023, has surged by 19 per cent in the past year.
Investor interest in the mutual fund industry as an avenue to generate long term wealth creation is rising with SIP's asset base touching an all-time high of Rs 4.67 lakh crore at May-end. Over the past five years, the systematic investment plan or SIP AUM has grown 30 per cent annually, twice as fast as the growth in the overall mutual fund industry's assets under management (AUM). According to data released by Association of Mutual Funds in India (Amfi) on Wednesday, SIP AUMs have seen a close to four-fold jump to Rs 4,67,366 crore as of May this year from Rs 1,25,394 crore as of August 2016.
'Choose an equity allocation that will allow you to remain invested even if the market falls by 50 to 60 per cent.'
Kareena's August look... Disha in Japan...Tabu looks casual...
Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.
Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate spikes, currency and geopolitical risks, says Anamika Pareek.
'It's advisable not to go overboard on a banking sector fund or any other sector fund.'
'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ideally, one should opt for a 5 to to 10- year period in an MF scheme or exit when the goal is reached.
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).
Dwaipayan Bose simplifies the whys and hows of revisiting your financial goals
A list of lesser-travelled destinations in India that you must explore this year!
Zakir Hussain was the maestro of tabla, percussionist, composer and even actor -- a legend who was India's very own and yet belonged to the world. Hussain died from 'idiopathic pulmonary fibrosis', a lung disease, in a San Francisco hospital early Monday. He was 73.
Returns of liquid funds are meant only for the short term and don't help investors create wealth over the long term, as equity funds do.
'JD-U wants to emerge as the single largest party in Bihar after the next assembly polls by contesting more seats than the BJP.'
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.
Mid-cap and small-cap mutual fund schemes have continued to attract strong investor interest, garnering nearly Rs 30,350 crore in inflows during the April-September period of the current financial year, driven by impressive returns delivered by these segments. In comparison, the cumulative inflow into mid-cap and small-cap funds stood at Rs 32,924 crore during the same period last year, according to data from the Association of Mutual Funds in India (Amfi).
Systematic investment plans (SIPs) from mutual funds have become very popular these days. But there are certain things that investors should keep in mind when starting an SIP.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
With this, the total SIP contribution in the first seven months of the current financial year rose to Rs 57,607 crore as compared with Rs 52,472 crore in April-October 2018, according to the latest data from the Association of Mutual Funds in India (Amfi).
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'
It is often said, learn from your mistakes. We can twist that saying a little; learn from your mistakes and people who make mistakes. You do not have to make the mistakes to learn from them, says Priyanka Chakrabarty.
SIP (Systematic Investment Plan) is one of the most effective ways of investing in equity markets. In SIP, you invest a certain amount each month into the equity mutual fund of your choice. This amount can be as low as Rs 100.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
'Investors with foreign currency-denominated goals, such as foreign education or foreign travel, should go for US equity funds.'
MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.
'Value index funds are most appropriate for long-term investors who can withstand deeper drawdowns.'