Sandeep Tandon, Founder and CEO of Quant Mutual Fund told investors that clients pulled close to ₹1,398 crore or $168 billion from the troubled asset manager in three days till June 26 after news of the markets regulator probe made headlines, as per a Bloomberg report. The client withdrawals are among the first indicators of …
Just like in any financial year, most of you would be nurturing big-money goals for fiscal 2025 as well. Wealth advisors, meanwhile, often point out that your short-term goals should align with the long-term ones. As a result, you should stay true to wealth creation instead of getting carried away with the flow. Here, we …
Nippon India Mutual Fund (MF) released its first stress test report of smallcap and midcap schemes. It manages the largest smallcap fund with assets under management of ₹46,044 crore and released results of the stress test after Sebi instructed funds to disclose them following concerns over build-up of froth in small- and mid-cap funds. SEBI …
Investors flocked to large-cap oriented mutual funds with influx of Rs 1,287 crore in January, making it the highest fund infusion in 19 months, as a significant run-up in small and mid caps prompted them to book profit. This is a huge turnaround following a net outflow of Rs 281 crore in December. Also, the …
As the year 2023 draws to a close, some retail investors must be scouting for the tempting mutual fund schemes to invest based on the historical returns of the past one year. Although different mutual funds in one category tend to deliver varied returns, yet some of the high-performing sectors in 2023 are undoubtedly PSU, …
Image Source : FREEPIK Representative Image The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023. The new TCS rule on foreign expenditure will come into effect from September, which could …