Category: Mutual Funds

Even in a year marred by volatile oil prices, global slowdown, underperforming equities and demonetisation issues, India’s mutual fund market has grown by its fastest rate in the past 7 years. As per recently released data, India’s mutual fund assets are now worth Rs. 17 trillion with Rs. 3.71 trillion being added in just the […]

These days, it is common to hold mutual fund investments online. But, if you have invested in mutual fund before the demat form and e-statements were common and have lost track of them, you need not fret. You can find them; let us tell you how. At the time of redemption of your mutual fund […]

On Friday, SEBI introduced a circular stating that mutual funds have to sort all schemes under asset categories as per their investment strategies. The aim behind this decision is to make it easier for the investors to choose the right plan from a pile of similar schemes.   The market scrutineer has said that the […]

The Securities and Exchange Board of India (SEBI) has announced measures that allow mutual fund houses to limit redemptions in case they are in the midst of a systemic crisis or face a condition that severely limits their liquidity. Currently, the redemption limit for individual investors is set by SEBI at Rs. 2 lakhs in […]

Saurabh used to invest in equity mutual funds through relationship managers employed in his local bank till few months back. He deemed this process of investing in mutual fund as tedious, given that he had to schedule regular meetings with his RM for filling up application forms and signing cheques, and wait for couple of […]

What is ELSS?   ELSS (Equity Linked Savings Scheme) is a type of diversified equity mutual fund that invests a majority of its funds in equity and equity related schemes. ELSS investments have a lock-in period of three years. During the lock-in period, an investor cannot redeem or transfer the units to another scheme. However, […]

Investment plan: First, decide the amount you wish to in­vest. Once you have done that, chalk out your investment outflow plan keeping in mind foreseeable expenses and your cash inflows from salary and other incomes. If you have in­vested in various mutual funds, distribute the payout over different dates of a month to help retain […]

NEW DELHI: Financial services firm Edelwiess has received consent from Competition Commission of India (CCI) to purchase mutual fund business of JP Morgan in India. The latter had entered the mutual funds industry in India in 2007 after approval from the fair trade regulator CCI. The transaction, declared in March, marks the exit of another […]

Most of the taxpayers delay their tax-savings investments till the last quarter, and some till last month of the financial year. Even in the case of Equity Linked Savings Schemes (ELSS), around 30–50% of total investments in ELSS are made in the last 3 months of the financial year. However, ELSS is a market-linked instrument […]