Before you decide to invest in a mutual fund scheme, it is advisable to monitor its performance over a long period of time, say since the scheme was launched. And remember when the money remains invested in a mutual fund scheme over a period of time, the returns in the later years are disproportionately higher …
Before investing in a mutual fund scheme, investors tend to compare the returns given by a scheme and compare the same with other schemes in the same category. Although there are a range of other factors which determine the success of a mutual fund scheme including its past returns, reputation of fund houses, category it …
Recently, I was talking to a relative who has a 3-year-old daughter. Being an investment advisor, many of the general conversations with extended families tend to steer towards investments. This relative of mine told me that he is investing ₹1.5 lakh yearly in the Sukanya Samriddhi Yojana account for his daughter’s future. I asked him …
Mumbai: After launching the loans against mutual funds and auto insurance businesses in July, Jio Financial Services Ltd is now looking to expand its secured lending portfolio through the launch of loans against property (LAP) and loans against securities in the coming months. “We will continue to expand our product suite in the coming quarters …
As the June quarter earnings season began this week, FII inflow into Dalal Street has crossed the Rs 15,000 crore mark in June with analysts predicting that better than expected results of IT majors can attract more inflow.”FII flows will continue to be erratic, influenced by global factors. Better-than-expected results from IT majors who have …
Quant Mutual Fund, which has been under Sebi’s investigation in a suspected front-running case, has informed investors that its Chief Financial Officer (CFO) Harshal Patel has resigned. Quant Mutual Fund said, “Mr. Shashi Kataria has been appointed as Chief Financial Officer, Operations Head and Executive Director of Quant Money Managers Limited with effect from July …
Broking platforms such as Groww blame BSE, saying a glitch in the stock exchange’s mutual fund system resulted in several purchase orders taking effect the next day, by when the markets had recouped some of their losses. BSE denied responsibility. The benchmark Nifty index sank 5.9% on 4 June, with the markets disappointed about the …
The Securities and Exchange Board of India has approved amendments to its mutual fund regulations aimed at establishing an institutional mechanism to curb front-running and fraudulent transactions. The markets regulator floated a consultation paper in this regard in May last year after noticing a significant spike in the number of front-running and insider trading activities. …
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 …
Consistency always pays high returns. Just as in life, it pays in the world of investing as well. When an investor invests for a considerably long period in a mutual fund scheme, the returns are disproportionately higher in the latter years vis-à-vis in the initial years. This happens because the investment grows with time and …