The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
The net inflows into active equity mutual fund (MF) schemes registered more than a twofold month-on-month rise in August, crossing Rs 20,000 crore, the highest in five months. This rise in net inflows was boosted by an 18 per cent growth in gross investments, driven by a record Rs 15,800 crore inflow through the systematic investment plan (SIP) route and Rs 5,000 crore collected by seven new fund offers (NFOs) in the active equity space, reveals data released by the Association of Mutual Funds in India (Amfi). Moreover, redemptions moderated in August, declining by 19 per cent to Rs 24,580 crore, after staying elevated in the previous three months owing to profit booking.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Don't let panic ruin your wealth. Avoiding these mistakes can save you from HUGE losses, says Ramalingam Kalirajan
Tahira Kashyap's breast cancer has relapsed after seven years, and she broke the news on her social media.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Lump sum investments in equity and hybrid schemes of mutual funds (MFs) declined to Rs 17,900 crore in October - the lowest since January 2021. The fall in lump sum investments comes even as flows through systematic investment plans (SIPs) rose to a new all-time high of Rs 13,000 crore in October. The latest lump sum tally is just a third of the peak inflow of Rs 49,700 crore in July 2021.
Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Amid criticism over his absence from violence-hit Murshidabad in West Bengal, TMC leaders defended Baharampur MP Yusuf Pathan, saying he is "busy with the IPL." TMC sources expressed unhappiness with Pathan for not visiting the district during last week's communal clashes. Three people were killed in the clashes, which erupted during protests against recent amendments to the Waqf Act. The BJP seized the opportunity to criticize the ruling party, with Union Minister Sukanta Majumdar saying, "Bengal is burning under the indulgence of TMC leaders. But TMC MP Yusuf Pathan is busy sipping tea as Hindus get slaughtered. This is the true face of the TMC."
The spike in volatility may not have impacted equity inflows, but it has weighed on new investors coming via the systematic investment plan (SIP) route. In May, 1.97 million new SIPs got registered - nearly 15 per cent lower than the previous five-month average of 2.3 million - reveals the data provided by the Association of Mutual Funds in India. Since June 2021, new SIP registrations have been upwards of 2 million each calendar month. The new SIP tally in May was the lowest in 12 months.
'We may see this momentum going into 2025 and may keep up with the demand, given the strong pipeline.'
More than 50 per cent of SIP accounts come from semi-urban and rural areas.
Samantha explores the Australian wildlife... Kartik's BTS picture with Sreeleela... Aahana feels gratitude...
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Index funds and exchange-traded funds (ETFs) have added a record number of investment accounts in 2024, buoyed by the sectoral and thematic investing euphoria that has spilled into the passive space.
'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'
Let's explore three different ways to reach the Rs 100-crore mark, each taking advantage of the power of compounding, consistent investing, and some smart planning
After a stellar 2023, the mutual fund industry sustained its growth momentum in 2024 with an impressive Rs 17 lakh crore surge in assets, driven by buoyant equity markets, robust economic growth, and increasing investor participation. Experts are predicting the positive trend will extend into 2025.
'The sheer hard work -- we put in 16-hour days, which is normal here. We still manage to thrive and look amazing on the ramp'
US President Donald Trump has shared his development plan for Gaza via an AI-generated video on social media.
'Give him a couple of seasons, a cool head, and some long-term form, and he won't just be in campaigns -- he'll be the campaign.'
Guess the price of Rashmika's outfit... Rakul sips on hot chocolate... Yami goes Dhoom Dhaam...
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
The mutual fund industry's QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25). The equity segment grew 55 per cent Y-o-Y and equity formed 56 per cent of total AUM, up 49 per cent in Q1FY24. Sequentially, AUM grew by Rs 5 trillion.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Dwaipayan Bose explains what momentum investing is, how it works, why it generates higher returns and has higher wealth creation potential.
The number of active SIP accounts is nearing the 100 million milestone.
'If you see another 1000-point correction, people may start panicking.'
Automobile retail sales in India rose 6 per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers' body FADA said on Monday. The last financial year saw growth in sales of passenger vehicles, two-wheelers and three-wheelers.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Invest in these funds through the SIP route with at least a seven-year horizon.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
