When an investor opts for a systematic investment plan (SIP) in mutual funds, the purpose is to average the cost of buying a bouquet of stocks, inculcate discipline and not having to worry about daily market fluctuations.
Do you have financial planning queries? Ask rediffGURU Abhishek Dev.
'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'
'Debt mutual funds are a good option now because interest rates are coming down.' 'Retail investors must put a majority portion of your money in short-term debt funds (1 to 3 years) and only a small portion in actively managed dynamic funds.'
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Celebrate Mother's Day with a scrumptious mango dessert. Or a cocktail.
Newport Net deploys Hughes Soft SIP tech
rediffGURU Hemant Bokil answers your personal finance queries
Shrinking inflows and surging outflows on account of profit-booking has curtailed mutual fund (MF) investments in equities since April. The total investments made by equity MFs during the first three months of 2023-24 stands at just Rs 2,980 crore, compared with an average monthly investment of Rs 14,500 crore in 2022-23, reveals data from the Securities and Exchange Board of India. "We are seeing signs of moderation in non-systematic investment plan (SIP) contribution, which has impacted domestic fund inflows in recent months to some extent," says Kunal Vora, head-India equity research, BNP Paribas.
Mutual fund investors no longer need to link their PAN with Aadhaar to obtain 'KYC-registered' status.
A portfolio can be rebalanced by either selling a portion of the outperforming asset class or by buying more of the underperforming asset class.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
Systematic Withdrawal Plan, or SWP, can help you achieve your financial goals. Ramalingam Kalirajan's step-by-step guide on how to effectively use an SWP.
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rediffGURU and financial planning expert Colonel Sanjeev Govila will answer your personal finance-related questions.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Replace processed and packaged foods with whole, unprocessed foods like fruits, green vegetables, whole grains and lean proteins, says Dr Gaurav Kumar Patil.
It is important to be wary of sunburn, dizziness, heatstroke, stomach issues and other heat-related illnesses, advises Dr Vidhe Sharma.
She is a former Miss India and a Yale graduate.
Personal finance expert Rahul Goel answered to many such readers' queries during an hour-long chat on Thursday.
'If you invest in sovereign gold bond, you are going to get the price rise of gold over an eight year period.' 'You're also going to get that two-and-a-half percent which the Government of India is willing to give you, treating the money that you've invested in the sovereign gold bond as a kind of a FD or a deposit.' 'That kind of return you can never get anywhere else.'
Mutual funds (MFs) invested a record Rs 1.73 trillion in equities in the financial year 2022-23 (FY23), providing strong support to the Indian markets at a time when foreign investors were redeeming their holdings. They exceeded the previous high of nearly Rs 1.72 trillion investment in equities in FY22. The data from the Securities and Exchange Board of India (Sebi) shows MFs were net buyers in the equity market in eleven of the twelve months last financial year.
LIVA Miss Diva Supranational 2023 Sonal Kukreja shares her summer hair and skincare routine.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
You should select the funds in line with your risk appetite and return expectations
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.
What should investors do when markets hit an all-time high, and we have seen five new all-time highs in 2023? Dwaipayan Bose has some answers.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India.' 'The results of the general elections will also be keenly watched.'
Small and midcap schemes may impose restrictions on redemptions, cap employee withdrawals, and increase the exit load, while ensuring a proportionate liquidation of the portfolio during market crises to safeguard the interests of all investors. These measures have been outlined in the investor protection policies recently put out by mutual fund (MF) trustees. The policies for small and midcap schemes were prepared by MF trustees following directives from the Securities and Exchange Board of India (Sebi) earlier this month.
The prime ingredient in Nannari Sherbat is sarsaparilla syrup, made from a tropical root or vine,
Gross inflows into active equity mutual fund (MF) schemes dipped 34 per cent month-on-month (MoM) -- to Rs 25,400 crore -- in April as investors applied brakes on lump sum investments amid a sharp upwards movement in the market. Gross inflows for March stood at Rs 38,641 crore. The sharp decline pulled the net inflows to a five-month low of Rs 6,480 crore, shows data released by the Association of Mutual Funds in India (Amfi).
The 2023-24 (FY24) July-September quarter (second quarter, or Q2) proved to be a mixed period for asset management companies (AMCs). While the two largest listed AMCs, HDFC and Nippon, reported robust growth in both revenue and profits, the other two, Aditya Birla Sun Life and UTI, experienced profit declines. HDFC AMC reported an 18 per cent year-on-year increase in Q2 revenue to Rs 765 crore, while Nippon's revenue rose 15 per cent to Rs 475 crore.
From the Himalayan Butter Tea to Hyderabad's dessert-like Irani Chai, the many varieties of Indian tea are truly surprising!
While a value investor will purchase stocks and hold, another method of making most of the situation is through Systematic Investor Plans of mutual funds