Investor interest in the mutual fund industry as an avenue to generate long term wealth creation is rising with SIP's asset base touching an all-time high of Rs 4.67 lakh crore at May-end. Over the past five years, the systematic investment plan or SIP AUM has grown 30 per cent annually, twice as fast as the growth in the overall mutual fund industry's assets under management (AUM). According to data released by Association of Mutual Funds in India (Amfi) on Wednesday, SIP AUMs have seen a close to four-fold jump to Rs 4,67,366 crore as of May this year from Rs 1,25,394 crore as of August 2016.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Investors need to carefully assess country-specific risks. 'This is especially true of a market that is less transparent than the US.'
Follow these simple steps if you want to create a solid retirement corpus and retire young, says Anamika Pareek.
'The political situation in the country will depend on the electoral outcome in Maharashtra.'
'Indian investors have always been debt-heavy but with growing financial awareness they are getting comfortable with equities.'
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Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.
Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. The earnings momentum looks set to continue. Good fund performances have thus led to AMC earnings upgrades although valuations are high. Recent market performance and net flow trends have led to earnings upgrades by between 3-8 per cent for FY25-27.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
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Ideally, one should opt for a 5 to to 10- year period in an MF scheme or exit when the goal is reached.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
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'If their allocation to certain segments have become high due to strong returns over the past three-four years, they should rebalance their portfolios and bring them in line with their long-term asset allocation.'
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
We do what the boss wants us to. And we do not mind putting body and soul on the line, notes Suveen Sinha.
With this, the total SIP contribution in the first seven months of the current financial year rose to Rs 57,607 crore as compared with Rs 52,472 crore in April-October 2018, according to the latest data from the Association of Mutual Funds in India (Amfi).
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
'In the short term you keep your return expectations very, very low; in the medium term be prepared to invest and in the long term growth will come and your returns from stocks will be high.'
Out of 3,871 recovery certificates issued by the regulator in various cases, 807 have been certified as difficult to recover.
Systematic investment plans (SIPs) from mutual funds have become very popular these days. But there are certain things that investors should keep in mind when starting an SIP.
'For those seeking regular income, these funds provide a steady stream of income through dividends.'
It is often said, learn from your mistakes. We can twist that saying a little; learn from your mistakes and people who make mistakes. You do not have to make the mistakes to learn from them, says Priyanka Chakrabarty.
Inflows into equity mutual funds (MFs) continued their strong momentum in July, despite the market volatility triggered by the Union Budget.
Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.
SIP (Systematic Investment Plan) is one of the most effective ways of investing in equity markets. In SIP, you invest a certain amount each month into the equity mutual fund of your choice. This amount can be as low as Rs 100.
Mutual Fund inflows in FY25 have already reached two-thirds of the total inflows seen in the entire FY24, with net inflows standing at Rs 1.3 trillion.
Dr Ramakanta Panda, one of the world's leading heart surgeons and the chairman and chief cardiac surgeon at Mumbai's Asian Heart Institute, recommends simple things you can do every day to keep your heart healthy.
Experts say you should be certain of living in a city and locality for a long time before purchasing a home.
Mutual funds' equity buying remained elevated for the fifth consecutive month in December, taking the net equity purchase past Rs 1.7 trillion in 2023. The aggressive buying in December indicates that flows into equity funds are likely to have remained unaffected by the sharp run-up in the market last month. Mutual funds (MFs) bought equities worth Rs 23,000 crore last month (until December 28) compared to Rs 18,000 crore in November, shows data from the Securities and Exchange Board of India (Sebi).
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Defending champions Mumbai got their Ranji Trophy campaign back on track with an emphatic nine-wicket win over Maharashtra in their second group A league game in Mumbai on Monday, offsetting the heavy loss to Baroda in the opening game.
'IPOs have performed exceptionally well, with a notable increase in average ticket size from Rs 800 crore in the last financial year to around Rs 1,300 crore in this financial year.'
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Despite uncertain times and market volatility ahead, investors should continue with their disciplined investing via SIPs.
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