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 […]
Axis Mutual Fund AMC, one of the top mutual fund houses operating in India, plans to introduce two new open-ended schemes by the end of 2017, according to reports. The launch of these new mutual fund investment options is in line with the AMC’s goal of increasing the number of retail folios from the current […]
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 […]
Although Arbitrage Funds have been in the market for more than a decade, investor participation is still very low. This is primarily because of lack of information and inability to comprehend the potential returns of arbitrage funds. But before we tell you the benefits of investing in arbitrage funds, let us understand what they are […]
If you are comfortable exposing yourself to market fluctuations, consider investing in market linked investment products that save tax. Otherwise, consider traditional tax saving investment options. Investments are always a gamble, whether you are putting your hard-earned money in traditional plans such as fixed deposits (FD) and public provident fund (PPF) or new-age market-linked instruments. […]
Securities and Exchange Board of India (SEBI) is considering removing the cap on annual investment made via online transactions. Currently, investors can only invest Rs 50,000 per fund house in a financial year. This move is expected to ease the entry of new investors and help mutual funds increase their penetration in smaller towns. In […]
