Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent.
HDFC Equity, the largest equity fund, also managed by Prashant Jain, with a corpus of Rs 10,445 crore, has 9.4 per cent of its assets in SBI.
Indian retail investors continue to sell gold ETFs.
New retirement schemes from MFs offer Section 80C benefit but locks in your money for five years
While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.
One should base the decision on one's potential liability under the new tax rules.
The BSE Sensex lost about 1,600 points, while the National Stock Exchange Nifty was down about 400 points.
The company has a market capitalisation of $743 billion.
India's gold obsession needs a correction.
Over 700,000 new investor accounts have been opened so far in FY15.
After touching a high of Rs 32,01/10g in October 2013, gold prices fell to a low of Rs 26,900/10g in June
Most equity schemes have more than doubled their NAVs in 8 years, even if they entered at the pre-Lehman crisis peak
Do you know you can invest in funds to donate money for a good cause?
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
Most large fund houses, such as HDFC MF, ICICI Prudential AMC, Reliance MF, Reliance MF, Birla SunLife MF and SBI MF, have the backing of large banks or financial institutions, giving them reach and understanding, they say.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
Close to a million small shareholders have stake in nine NCLT-bound companies
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
'Indians are great savers, but they are lousy investors.'
The fund industry may have embraced machines and robots, but managing money still needs the human touch
The Aam Aadmi Party (AAP) has to deal with 3 powerful enemies: the media, the political establishment, and business houses.