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).
Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how
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
Dwaipayan Bose simplifies the whys and hows of revisiting your financial goals
Instead of hitting the snooze button and snuggling under your blankets, take charge of your health and exercise indoors, advises Dr Manjusha Agarwal.
For building long-term wealth, financial planners always advise that the systematic investment plans (SIPs) in equity funds is the best way.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
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.
Even if you get a bit late in buying things you need, it is always better to avoid debt traps, advises Vishwajeet parashar
Union Home Minister Amit Shah took a dip at the Triveni Sangam in Mahakumbh Nagar on Monday and described the Maha Kumbh as a unique symbol of the Sanatan culture's philosophy, which is rooted in harmony.
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.
The EC asked him to provide factual evidence with specific and pointed response to type, quantity, nature and manner of poisoning of Yamuna.
Kareena's August look... Disha in Japan...Tabu looks casual...
SIPs can give better returns in a volatile market because they gather more units over time, says Arnav Pandya.
'This is the first time we will see how SIP investors react to market correction.'
While few would dispute the utility that an SIP can offer, there is a flipside to the same as well. In this article, we discuss the pros and cons of SIP investing.
SIPs need to be promoted by the investment agent/distributor community after explaining all the merits and demerits to the investor so as to enable him to take an informed decision.
'Choose an equity allocation that will allow you to remain invested even if the market falls by 50 to 60 per cent.'
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
If you remember the childhood story of the tortoise and hare, then the systematic investment plan (SIP) is the equivalent of the tortoise in the race to create wealth. SIPs make sure that you continue moving slowly but surely to win the race in money matters.
Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.
Systematic investment plans, through which mutual fund investors put a fixed sum into MF schemes, are proving to be engines of growth for fund houses with the number of SIP investors growing nearly three times since last year.
Mutual fund expert T srikanth Bhagavat told Get Ahead readers about what to do with their SIP investments in mutual funds, now that the stock markets are once again at their peak.
'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'
Systematic investment plans not only generate good returns by tiding over short-term volatility, they can also be a good tax-saving instrument.
Systematic investment plans of top mutual funds that you can invest your money for better returns.
'It's advisable not to go overboard on a banking sector fund or any other sector fund.'
Regular disciplined savings - the biggest plus of a systematic investment plan.
New investors should gradually build a 5 to 10 per cent allocation to gold.
Let reason, not emotion, guide your decisions.
Due to tax associations with the fiscal-ending, April is a month of SIP renewal. So, the April numbers will be important and may perhaps, mark a change in retail attitude.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
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.
Embark on a romantic escapade without worrying about the budget!
Averaging works only in a portfolio which is what SIP helps you do. Averaging does not work in case of a single scrip. Here's why
'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.'
