Domestic fund houses forge pacts with foreign peers to mop up $7 billion.
While there is inherently nothing wrong with investing in an IPO, the decision to invest in one should be triggered by its ability to fill a gap in the investor's portfolio.
Reliance Capital Mutual Fund has announced a dividend at the rate of 0.100% (Rs 0.010 per unit) in the weekly dividend option.
Do you have financial planning queries? Ask rediffGURU Abhishek Dev.
If you plan to invest in an FD, go for the 12-15-month tenure. This will allow you to redeploy maturity proceeds at higher rates (if rates rise), advises Sarbajeet K Sen.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
These funds can fetch double-digit returns over the long term which debt tax-saving products can't.
Feroze Azeez, director -- investment products (private wealth management), Anand Rathi Financial Services Ltd -- answer our readers' questions on financial planning during an hour-long chat on Tuesday.
Leading up to the International Women's Day on March 8, this is the first of a four-part series that talks about how women can invest to achieve their long-term financial goals.
UTI Venture Funds, part of India's largest mutual fund, plans to nearly double investments in 2003 to around $20-$25 million, with a special focus on the fast growing back-office services and life sciences sectors.
'We expect the bull-market phase to still persist, but now led by large-caps which offer better valuation and benefit from FII inflows.'
'We expect continued pressure on midcaps, but any sharp correction looks unlikely from here on.'
New fund offer, called Reliance Fixed Horizon Fund - XX, is a close-ended income scheme and the units can be purchased only during the period of NFO.
The most common mistake investors make is to inevst in funds wich have offered the highest return in recent times, says personal finance expert Rahul Goel.
Infrastructure funds, which bet on stocks closely linked with infrastructure development in the country, have emerged as one of the best-performing categories over the past year. They have generated an average return of 90.63 per cent - the third-best, after technology funds and small-cap funds. Of the 21 schemes in the category, seven have given a return of more than 100 per cent in a year.
ICICI MF recently filed for an ETF that will track the Nifty Alpha Low-Volatility 30 Index. It is part of the suite of smart-beta indices with the NSE, with the portfolio designed using a combination of two factors.
For the third month running, investors opened over four million new demat accounts in February, showing growing household confidence in stock markets and their increased risk appetite. Over 13.12 million new demat accounts have been opened in the last three months, taking the total count close to the 150-million mark. Demat accounts are needed for trading and holding shares electronically.
Over 25 per cent of the net flows have been directed toward the large-cap category as investors preferred to put money in the top 100 stocks by market capitalisation because the segment has been the most resilient over the past year.
This rainy season, don't just prepare for storms but also make your finances rain-proof, says Amar Pandit.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
From connectivity woes to infrastructure advancements and the startup boom, there is a gulf between claims and reality in India's economic landscape, points out Devangshu Datta.
Mutual funds are increasingly launching schemes to take advantage of the infrastructure boom, both within the country and globally. The schemes will invest in companies that will benefit from the multi-billion dollar investments required in ports, roads, telecom, construction, engineering and aviation across the world in the coming years.
Investors should keep updating their personal and bank details with fund houses. They should also opt for the auto-pay facility so that the dividend proceeds get credited into their account directly, advises Bindisha Sarang.
They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years
For investors, every cost-saving means higher returns.
Investing merely on the basis of past return can land you in trouble even in debt funds, a supposedly safe asset class, suggests Sarbajeet K Sen.
Tata AIG India Life Insurance has tied up with Fanklin Templeton Investments to introduce a new plan InvestAssure, a unit linked insurance plan to provide security cover with the opportunity to get high returns on insurance premium.
Keep at least one family member in the know of all your investments
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Financial planning tips for the salaried in their 20s
'The idea is to invest where there is opportunity.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries
These commodities must be purchased in units, where a single unit may be equal to a gram (gold), 100 grams (silver) or a kilogram for the other three commodities. For trading, you must open a separate demat account with a broker registered with NSE.
An open-ended equity scheme that plans to take advantage of the differential pricing between the cash and the future markets.
The proposal to scrap 'indicative portfolios' has arisen because investors have sometimes found deviations of as much as 80 per cent between the indicative and actual portfolios. In some cases, the entire corpus has been invested in a single instrument. Sebi will also consider Amfi's suggestion of a 3 to 6 per cent exit load for FMPs, a minimum tenure of three months and a faster processing of redemption payouts,
These funds carry low risk and should be able to beat the returns from fixed deposits.