Industry MF AUM crosses Rs. 21 lakh crore: ICRA Monthly Update

According to the Association of Mutual Funds in India (AMFI), the Assets Under Management (AUM) of the Indian mutual fund industry came in at Rs. 21.41 lakh crore in October 2017 as against Rs. 20.40 lakh crore in September 2017. The assets of Equity funds (including ELSS) increased 46% YoY to climb past the 7 … Read more

Don’t let the opinions of the average man sway you

Don’t let the opinions of the average man sway you. Dream, and he thinks you’re crazy. Succeed, and he thinks you’re lucky. Acquire wealth, and he thinks you’re greedy. Pay no attention. He simply doesn’t understand.

Robert G. Allen

This is why SIPs are your best wealth building tool!

Investors are entering the equity market through SIPs. Here’s why you must, too Investors are pouring in mega-bucks in equities through mutual-fund systematic-investment plans, popularly known as SIPs. If you are not among those who have cumulatively invested over Rs 4,700 crore in mutual funds, you are missing out – big time. More investors are … Read more

Nifty at 10,000 points: There’s a reason why investors must tread with caution

The Nifty 50 has broken past the 10,000 mark in style. But that does not mean that the champagne party will continue forever. While the liquidity-driven rally is continuing, thanks to domestic investors pouring in large sums of money through SIPs, investors must not throw caution to the winds. At the 10,000 mark, the common … Read more