'A mid-year review makes the end-of-year financial review manageable and less stressful.'
Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.
Mukesh Ambani's Jio Financial Services (JFS) is set to seek shareholders' approval for its leasing subsidiary to acquire telecom equipment and devices worth Rs 36,000 crore ($4.33 billion) from Reliance Retail. Jio Leasing Services Limited (JLSL), a wholly-owned subsidiary of JFS, plans to enter the device leasing business, and the equipment will be deployed in broadband wireless connectivity and other services.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'I started reading your MF articles regularly so requesting your guidance as I would like to start investing in MFs'.
Financial planning expert Irfan Rupani shares some valuable tips.
Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and ammotisation (Ebitda) level for FY25, chief executive officer (CEO) Nalin Negi said.
Whether it is your financial misstep or a financial disaster, there are ways to get back on track.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Financial planning expert Sailesh Multani offers some investment tips.
The top three mutual funds (MFs) paid out 10-18 per cent higher commissions to distributors during the financial year 2022-23 (FY23) compared to FY22 as a sustained rise in flows from the systematic investment plan (SIP) route boosted distributors' share in the assets under management (AUM), according to an analysis of the disclosures by the top three fund houses. State Bank of India (SBI) MF saw its commission payout go up 18 per cent year-on-year (YoY) to Rs 1,675 crore. The payouts rose 10 per cent and 15 per cent for ICICI Prudential MF and HDFC MF, respectively.
Backed by their strong physical presence across the country, UTI Mutual Fund and SBI Mutual Fund (MF) have managed to mobilise a higher proportion of their total assets under management (AUM) from towns and villages than their peers. Data compiled by Nuvama Institutional Equities shows that UTI MF and SBI MF are the only two major fund houses with over a fifth of their AUM coming from areas beyond the top 30 cities (referred to as B-30). UTI MF tops the chart with 23.8 per cent of its assets belonging to B-30 centres, followed by SBI MF with 21.2 per cent B-30 assets. The industry average stands at 17 per cent.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
The assets under management of the 44-players mutual fund industry stood at Rs 24.55 lakh crore in May-end from Rs 23.93 lakh crore in April-end.
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.
Most of the times, NFOs are gimmicks to mobilise more assets, says Rahul Goel, CEO, Personalfn.com.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
In an hour-long chat on rediff.com, financial planning expert Sailesh Multani offered some valuable tips.
Investing in mutual funds regularly can give you great returns. It can even make you a millionaire.
The Bhagavad Gita reminds us that true peace comes not from the absence of problems, but from the ability to face them with a prepared mind and a steady resolve, says Vatsal Ramaiya, and shows how the Gita helps you to achieve financial peace.
Seems daunting? With right financial planning, patience, and commitment, this goal is entirely achievable, says Ramalingam Kalirajan. Here's how
'People try to repay the BIGGEST LOAN first. Actually, you should repay the most expensive loan first.'
Experts say investors should stay patient and stay invested in mutual funds.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Do you know how easy it is to do your own financial planning? Just follow these five golden rules and you can achieve financial freedom for you and your family?
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Insurance firms have designed amazing retirment plans to lure more customers.
Is there a particular age when you should think about having a financial plan? What are the requirements of making a good financial plan? Is it good to take help of a financial advisor? How to find a good financial advisor?
SIPs keep MFs afloat as investors redeem Rs 1.3 lakh crore in one year
After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust
Where should you invest your money in the New Year? Financial planning expert Vetapalem Sridhar has some answers.
Jimmy Patel, MD & CEO, Quantum Mutual Fund, suggests some valuable financial gifts for your children.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
Invest in liquid funds if you have a horizon of three months, ultra-short-term for six months, and low-duration funds for one year.
'Investors need to find out how the FMP's assets are distributed and ensure the investments are in high-quality names.'
A term plan's premium is lower than that of a wholelife plan.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
One of the biggest advantages of index funds and ETFs is their low cost, points out Sarbajeet K Sen.