From April 1, subscribers will be able to change investment option & asset allocation twice a year, instead of once. Use greater flexibility offered by pension scheme judiciously.
Stepping up pressure, the Bharatiya Janata Party on Thursday demanded Prime Minister Manmohan's Singh resignation after the Centre admitted before the Supreme Court that something went wrong with coal blocks allocations.
Bharatiya Janata Party national spokesperson and former Union minister Syed Shahnawaz Hussain, who got elected to the Bihar legislative council last month, was on Tuesday sworn in as a member of the Nitish Kumar cabinet.
'We are most bullish on all aspects of the financial sector -- private sector banks, even one state-owned bank, insurance, mortgage finance, broking, wealth management, gold finance, etc.'
Titan accounted for 59.6 per cent of his disclosed portfolio at Rs 8,355 crore. This is more than 10 times the next biggest holding, Federal Bank, at Rs 619 crore.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Only tactical investors lose money in a downturn due to their short investment horizon
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Two ministers --Vatti Vasantha Kumar and Komatireddi Venkat Reddy-- have already sent in their resignations to the chief minister. The ministers, who have been left seething after the allocation of portfolios, are now getting ready for a showdown with the chief minister at the first formal meeting of the new cabinet in Hyderabad on Thursday morning.
Equity fund managers say large-caps offer higher relative safety, especially in such times.
'We will likely be buffeted by tailwinds from the global economy, geopolitical shifts and robust domestic demand.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
US auto major Ford Motor Co on Friday said it and India's Mahindra & Mahindra have decided to scrap their previously announced automotive joint venture and it will continue its independent operations in India as it is. The two companies determined that they will not complete a previously announced automotive joint venture between their respective companies. The decision follows the passing of the December 31, 2020 'longstop' or expiration date of a definitive agreement the organisations entered into in October 2019, Ford Motor Company said in a statement.
'Allocate 30% to 35% of your equity portfolio to mid-cap funds and 10% to 15% to small-cap funds.'
Monitor how long the high cash position lasts. If it lasts for a month or two, it is fine. But if it continues for a couple of quarters, seek your advisor's opinion on whether to exit the fund.
'Quality of management, corporate governance, allocation of capital, full disclosures should form the basis to decide investing in a particular stock.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'Employees may well be expected to be on call at almost all times -- much like the standard Indian approach to the workday,' points out Mihir S Sharma.
Investors with moderate risk profile and investment horizon of over three years could look at investing in balanced funds.
Heed your liquidity needs before investing in an FMP.
Governor Acharya Devvrat administered the oath to 10 cabinet ministers and 14 ministers of state, including five ministers of state with independent charge.
High net worth individuals (HNIs) are considered more investment-savvy than retail investors.
President Droupadi Murmu administered him the oath at a brief ceremony held at the Rashtrapati Bhavan.
Don't focus on market or product returns -- focus on your target rate of return, and then choose an investment.
The year-to-date returns are 13.33 per cent for Indian funds, compared to 11.66 per cent for emerging market funds overall.
Except for September quarter, which had net inflows of $196 million, all other quarters had outflows.
TCS tops the list of 100 wealth creators for the fourth time in a row
The BSE Midcap and the Small-cap Index have run up 25.3 per cent and 31.3 per cent respectively over the past year. Valuations are no longer cheap, notes Sanjay Kumar Singh.
The government was formed 10 days after Shinde raised a banner of revolt against the Shiv Sena leadership. Forty out of 55 Sena MLAs sided with Shinde, which resulted in the collapse of the two-and-a-half-year-old Maha Vikas Aghadi dispensation comprising the Sena, the Nationalist Congress Party and the Congress.
sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.
'We expect the bull run to continue until economic growth continues.'
'For the same level of return, you can reduce portfolio volatility significantly with a 10% to 15% exposure to international funds.'
We all need an expert whose advice you can trust, who will not start pushing products at you and rather help you understand why your wealth is not growing as it should, says Erik Hon.
If the changes being considered by the EPFO become a reality, investors may have to be more active in deciding equity preference and when to withdraw money, reports Sanjay Kumar Singh
Besides their country of origin, General Motors, Ford Motor and Harley-Davidson have another trait in common: all three have failed in India, the world's fifth largest automobile market. All three of them took a tough call to de-prioritise India as a market amid disruption from heightened regulations and sharper focus on capital allocation by the parent.
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
Even investors with sums as low as Rs 1,000 per month can start their investment journey.
Mutual funds are better than Portfolio Management Schemes where costs crystallise only at the end of the investment period, says Shashank Khade.
With most ministers juggling dual portfolios at the Centre, talks of an imminent Cabinet reshuffle is gaining momentum in United Progressive Alliance circles.