News for 'STP'

Do STPs give better returns than SIPs?

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

Mutual funds' SIP collection jumps 31% to Rs 1.5 lakh cr in 2022

Contributions to mutual fund schemes through systematic investment plans or SIPs remain unfazed from the market volatility in 2022 with inflow growing to Rs 1.5 lakh crore in 2022, a surge of 31 per cent from a year earlier, due to higher retail participation. In comparison, an inflow of Rs 1.14 lakh crore through the route was registered in 2021 and Rs 97,000 crore in 2020, data with the Association of Mutual Funds in India (AMFI) showed. Going ahead, SIP numbers are expected to continue to remain strong in 2023 as investors are increasingly appreciating the importance of regular investing through the route, Kaustubh Belapurkar, director - manager research at Morningstar Investment Adviser India, said.

'I want to make Rs 1 crore in 17 yrs'

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

SC asks NGT to set up accountable mechanism to monitor sewage plants in UP

A bench of Chief Justice DY Chandrachud and justices PS Narasimha and JB Pardiwala passed the order after hearing an application of Uttar Pradesh government seeking more time to install and operationalise 100 per cent STP coverage in the state.

Green Tribunal concerned over water use in IPL

The National Green Tribunal has directed the Ministry of Jal Shakti to hold a meeting within a month to consider the issue of regulating extraction of ground water for maintenance of play grounds.

Want better returns at lower risk? Go for STPs

Now STPs or variable SIPs can earn better returns than vanilla SIPs.

Rate Hike: 'Should I sell my debt MFs?'

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

Chacha Chaudhary declared Namami Gange mascot

Indian comic book character Chacha Chaudhary has been declared as the mascot of the government's Namami Gange Programme with an aim of bringing behavioural change among children towards the Ganga and other rivers.

'I'm 25; want to invest long-term in MFs'

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Why this investing style makes better and steady returns

Here's why value cost averaging scores over rupee cost averaging.

'With 50k SIPs, can I make Rs 3 cr by 2030?'

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Clean Ganga project has a long way to go

'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'

How Banks will Pester Customers to Pay

Although such alerts are not compulsory for the banks, this may become the norm now if payments are missed even for a day.

Raja seeks SEZ-like tax sops for IT sector

Communications and Information Technology Minister A Raja on Wednesday warned that withdrawal of Income Tax holiday to Software Technology Parks (STP) in 2010-11 Budget will have 'devastating' effect. He said that the STP scheme should be modified to push growth in the IT sector.

As markets peak, investors look at exit routes from MFs

Staggered pull-out will help investors if the market continues to rise.

Major PSU banks to go live on account aggregator system by July-end

After the finance minister directed public sector banks to join the account aggregator (AA) ecosystem, 5-6 major ones, including State Bank of India (SBI) and Bank of Baroda are expected to go live by July-end. Sahmati, an industry alliance for the AA ecosystem, has been working with PSU banks to get them onboarded for quite some time now. So far, Union Bank of India and Punjab National Bank (PNB) have gone live on the AA ecosystem. While Union Bank has been live for a while, PNB went live earlier this month.

'Can I buy a 40 lakh car in 2 yrs with SIPs?'

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

MF GURU: 'Want to invest Rs 2.5 lakhs'

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

'Am I too aggressive with my SIPs?'

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

'Can I sell all MFs and buy a balanced fund?'

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

'Confused. Which MFs can get us Rs 1.5 cr in 18 yrs?'

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

Customs allows e-clearance for moving laptops

The Customs clearance required for moving equipment like laptops, desktops, etc out of SEZ units was delaying things as the clearance had to be taken in person after a first level of approval online.

MF GURU: 'High risk appetite. Where to invest?'

Nikunj Saraf, Vice President Choice Wealth, will answers your queries.

Budget: What the IT sector wants

IT major Infosys CEO and MD Kris Gopalakrishnan on Thursday expressed hope that the government would rationalise tax regime for the IT industry and extend the STP scheme to the medium and small sector in the Union Budget.

'Help me build a MF portfolio I should not regret'

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

MF GURU: 'Please suggest good SIPs'

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

'Suggest gold, silver MF SIPs to invest'

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

MF Guru: 'If you want to build a corpus of 3-4 Cr...'

Nikunj Saraf, Vice President Choice Wealth, answers your Mutual Fund queries.

Coming up: First Private IT Park in Orissa

The private STP is being set up by the JSS Group at Infocity in Chandaka, Bhubaneswar.

'25% compound return for 22 years is unrealistic'

Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.

Ask MF Guru: 'I want Rs 50 lakhs in 5 years'

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

ASK MF Guru: 'Want to get Rs 5 crores in 20 years'

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

'MF Guru, I know I messed a bit'

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Hedging against market risks

STPs help you to move money from one scheme to another within the same fund

Ask MF Guru: 'Where should I invest Rs 15k in SIPs?'

Nikunj Saraf, Vice President Choice Wealth, answers your queries.

It's Raining Billions For Gujarat!

Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.

MF GURU: 'Annual SIPs of Rs 1.36L can return 2 cr in 7 yrs'

Nikunj Saraf, Vice President Choice Wealth, will answers your queries.

Central Vista: PM's residence to be ready by Dec 2022

The redevelopment project of the Central Vista -- the power corridor of the country -- envisages a new triangular Parliament building, a Common Central Secretariat and the revamping of the three-km-long Rajpath from the Rashtrapati Bhavan to India Gate and new residences for the prime minister and the vice president.

Seamless trading date set for July

How to get a long investment horizon

Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.