ICICI Prudential Mutual Fund today announced the launch of ‘Retirement Fund’, an open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier). Sharing his views about the fund, Mr. Nimesh Shah, MD & CEO, ICICI Prudential AMC said, “The best time to plan for your retirement is when you … Read more
You can now keep all your investment woes aside. ICICI Securities Limited (I-Sec) has announced that it will be using the path breaking Unified Payment Interface (UPI) system as its new payment mode. This mode will enable quicker and more efficient investing. The UPI service will open up new payment avenues as well as previous … Read more
The new fund categorisation drove forced funds to pick clear identities and drop misleading fancy names Suresh received an unusual notice from his mutual fund company one morning. His cherished “opportunities fund” was suddenly becoming a “large-cap fund” from next month. “What’s going on here?” he wondered, genuinely confused by this sudden change. His fund … Read more
One theme that is currently doing well in India is the consumption theme. Both rural and urban consumption is picking up steam as the the vast, growing middle class wants and buys the good life whether it is cars, bikes, white goods, soaps, travel, beverages, tractors, food, and much more. For companies operating in the … Read more
Volatility is no stranger to debt markets. As interest rates have moved northwards, debt fund net asset values have been seen swinging down. If you have not carefully selected your debt fund investments, chances are you will miss the opportunity to get better yields. The good news: RBI has raised interest rates and has increased … Read more
Investing in mutual funds is not just about socking your money every month through systematic investment plans. You also have to make sure you invest in mutual funds appropriately in the right schemes, sectors and categories of funds at the right time – and in the right way. Every successful strategy has a game plan … Read more
When you keep things simple, you can reach any goal. Your ultimate aim when it comes to investing is this to do this – buy when the prices are quite low and sell when it is high. But this is easier said than done. You can get overcome by emotions when you see equity prices … Read more
ICICI Prudential managed Bharat 22 – Exchange Traded Fund (Bharat 22 ETF) seeks to mobilise upto Rs 6000 crore through a further fund offer. The FFO is part of the Government of India’s overall disinvestment program, announced earlier by the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, using the ETF route. … Read more
ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund are launching thematic funds investing in health care and allied sectors. The domestic health care sector is the flavor of the season as stocks underperformed broader indices bringing valuations down to relatively more attractive levels, while the sector also reflects a play on the demographics and … Read more
Debt fund investing is a no-brainer. You must invest in debt to cut overall portfolio risk. But right now debt fund investments is all about WHERE you put your money to work i.e in which specific debt fund category you want to make investments. You cannot invest in any and all debt funds. You have … Read more