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
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. 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
The nuts and bolts of how a mutual-fund systematic-investment plan, or SIP, works in your favour Pondering what an SIP is? Over the last 15 years, everyone who is serious about investing and enhancing their wealth may have encountered the word SIP, one place or another. Worry not. SIP is not some fancy mumbo-jumbo or … Read more
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
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