What are Capital Protection Funds? A mutual fund, categorized under closed-hybrid funds, oriented towards protecting your capital from any market risk with balanced exposure to both equities and debt is known as Capital Protection Fund. Their portfolio is largely inclined towards debt securities. It invests the majority of its assets in highly rated bonds, T-Bills,…
The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India has once again reduced repo rate by 25 basis points (bps). Earlier the repo rate was 5.40%. And after the rate cut, it has been reduced to 5.15%, which is the lowest since March 2010. In its 4th bi-monthly policy review meeting, the…
When the amount of taxes paid by an assessee exceeds his/her actual tax liability for a particular FY, then the Income Tax Department returns the ‘excess tax’ in the form of Income Tax refund. In case you have filed your return and are eligible for a refund, you can check your income tax refund status…
In recent months, the bell weather Sensex has reached unmatched highs and is currently continuing to maintain levels exceeding the 30,000 mark. That’s probably the reason why investors trying to time the market are finding themselves in a difficult situation with respect to investment selection. According to experts, the key reason for this sustained bull…
Mid-cap equity funds are those that invest in companies with middle-sized market capitalization. The size of the company acts as an important factor while creating equity portfolios. The investment portfolio of an investor should have a mixture of small-cap, mid-cap and large-cap funds in order to balance the opportunities and risks, in both bearish and…
Mutual Funds that invest in small-cap companies are referred to as Small-cap Equity Funds. Small-cap companies are listed under the 250th rank in SEBI’s list of companies in terms of full market capitalization. Companies with small market capitalization are young and seek to expand aggressively, thus becoming more volatile and vulnerable to losses in a…
Returns Fund Name AUM (Cr) 1-Year 3-Year 5-Year ICICI Prudential Balanced Advantage Fund – Direct Plan 27,468.28 9% 9% 11% HDFC Balanced Advantage Fund – Direct Plan 40,918.93 6% 11% 10% Invesco India Dynamic Equity Fund – Direct Plan 908.43 6% 9% 10% Aditya Birla Sun Life Balanced Advantage Fund – Direct Plan 2,630.03 9%…
Investing is all about increasing your wealth by making your savings grow over time, often with a specific target expense in mind. One such expense that parents need to plan for as early as possible is funding their child’s higher education. The cost of education in India as well as globally has skyrocketed and there…
PRESS RELEASE Young India getting credit healthy and responsible: Paisabazaar.com’s ‘Making India Credit Fit’ Report >> Paisabazaar.com releases first edition of “Making India Credit Fit” Report, based on its credit awareness initiative >> The report shows awareness around credit is on the rise, including in non-metro cities >> 9.23 lakh customers of Paisabazaar.com have increased…