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.
It is speculated that 5-10 per cent of the PSU cash reserves of up to Rs 1,20,000 crore (Rs 1200 billion), will flow into the three PSU fund houses.
Investors often mistake SIPs as an investment avenue rather than a mode of investing in mutual funds
Investors should ideally invest via SIPs over at least 2-3 years.
The mutual fund (MF) industry added a record Rs 10 trillion to its total assets under management (AUM) in 2023, taking the cumulative tally past the Rs 50 trillion mark for the first time, in December. This 20 per cent growth in AUM last year was fuelled by a robust rally in the equity markets and a record Rs 1.62 trillion net inflows into active equity schemes. In another first, the AUM linked to systematic investment plans, too, hit Rs 10 trillion by the end of 2023.
Riding the wave of the equity market, the mutual fund (MF) industry experienced double-digit growth in Samvat 2079, concluding the Hindu calendar year close to the Rs 50 trillion assets under management milestone. After a subdued 6 per cent growth in Samvat 2078, the industry's assets surged over 18 per cent last year to Rs 46.7 trillion. Industry players anticipate that Samvat 2080 will also be a fruitful year for the asset management industry, given the strong inflows from retail investors, particularly through the systematic investment plan route.
MIN will be provided absolutely FREE OF COST to the investors.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Balanced advantage funds (BAFs) were popular in the later part of 2021 and continued to see good inflows until some months back as investors looked for safer options amid over-valuation concerns. As such concerns ease, investors are turning to riskier funds and shifting from BAFs. Redemptions from the hybrid fund category have exceeded in six of the last seven months, with investors pulling out a net of Rs 3,140 crore during the seven-month period.
In an hour-long chat on rediff.com on Thursday, speak to financial planning expert Sailesh Multani offered some valuable investment tips.
It is advisable to avoid a fund until it develops a track record.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.
In an hour-long chat on rediff.com on Thursday, financial planning expert Sailesh Multani offered some valuable tips.
Financial planning expert Sailesh Multani offered some valuable tips during a chat on rediff.com on Thursday.
'Use this money to build an emergency fund if you do not have one.'
In an hour-long chat with rediff.com, financial planning expert Sailesh Multani offered some valuable investment tips.
In an hour-long chat on rediff.com, financial planning expert Sailesh Multani offered some valuable tips.
Gold exchange traded funds (ETFs) witnessed a net outflow of Rs 199 crore in January, making it the third monthly withdrawal in a row, with investors preferring equities over other segments on buoyant record SIP flow. This was in comparison to a net outflow of Rs 273 crore registered in the segment in December and Rs 195 crore in November. Prior to that, Gold ETFs attracted Rs 147 crore in October, data with Association of Mutual Funds in India (Amfi) showed.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
An investor would pay much less when he invests through a registered investment advisor than a distributor.
Out of 3,871 recovery certificates issued by the regulator in various cases, 807 have been certified as difficult to recover.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries:
In an hour-long chat on Wednesday, financial planning expert Sailesh Multani offered some valuable investment tips.
Govt's divestment plans encourage funds to bet big on state-owned firms.
In an hour-long chat on rediff.com, personal finance expert Sailesh Multani offered some valuable tips.
In an hour-long chat on rediff.com, financial planning expert Sailesh Multani offered some valuable tips.
Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.
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 funds (MFs) added systematic investment plan (SIP) accounts at a record pace in 2023 with the net additions in the calendar year surpassing 15 million - 24 per cent higher than the 2022 tally of 12.2 million, according to data from the Association of Mutual Funds in India (Amfi).
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
In an hour-long on rediff.com on Wednesday, financial planning expert Sailesh Multani offered some valuable investment tips.
Reliance gold scheme does not require demat account.
In an hour-long chat on rediff.com on Wednesday, financial planning expert Sailesh Multani offered some valuable investment tips.
In an hour-long chat on rediff.com on Wednesday, financial planning expert Sailesh Multani offered some valuable tips.