Category: Mutual Funds

Aadhaar, the UIDAI issued biometric identity card, may soon become a mandatory requirement for key financial transactions such as share trading and mutual fund purchases according to a recent report by the Economic Times. This change proposed by the market watchdog SEBI (Securities and Exchange Board of India) and the Government of India is designed […]

The contribution of small towns to the asset base of mutual funds in India has reached the record level of Rs. 3.5 lakh crores in June 2017, which is indicative of a 46% increase over data recorded in the previous year. As per the data published by AMFI (Association of Mutual Funds in India), this […]

As per an Economic Times article, ‘Bharat 22’ Exchange Traded Fund, a New Fund Offer (NFO) managed by ICICI Prudential Mutual Fund is going to be in the market this November. Subscription to the fund will open on November 14th for anchor investors and on November 15th for retail investors and will last till November […]

The recent market downturn has left many investors shaken. To bring you up-to-date, S&P BSE Sensex, the most commonly used market indicator, has registered a sharp decline of 10% since August 3rd. There was a close to 6% fall in a single day on August 24th. To many this might be reminiscent of the 2008 […]

Equity mutual funds in India have witnessed record high capital inflows of Rs. 20,362 crores in the month of August according to data released by the Association of Mutual Funds in India (AMFI). This new record capital inflow into equity funds is attributed to increased participation by retail investors in India as well as due […]

Till a few months ago, Gurgaon resident Pramod Shukla, 35, invested in mutual funds through the relationship managers of his bank. The process was tedious and time-consuming, as he had to schedule meetings with a relationship man­ager for filling up application forms and signing cheques. The investment too was not instant as he received mutual […]

Mutual funds like any other investment route are subject to a certain degree of market risk and are definitely not recommended for the completely risk averse. But for those who are willing to take low to medium risk, mutual funds can be quite rewarding with returns of up to 23% or even more over a […]

With the financial year nearing its end, it is time when tax payers start evaluating various tax saving options available under Section 80C. While investment products like Unit Linked Insurance Plans (ULIPs), endowment policies, Public Provident Fund (PPF), National Savings Certificate (NSC) and tax-saving bank fixed deposits comes first to their mind; Equity Linked Savings […]