BSE StAR Mutual Fund introduces e-mandate facility

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BSE StAR MF, India’s largest mutual funds distribution Infrastructure is introducing e-mandate facility on 20th January. This is completely paperless framework that will reduce the time taken for mandate approval to 3 days from 10 to 35 days taken for paper based mandate approval. BSE has always been sensitive to the requirement of Investors and … Read more

2017: A good year for wealth creators

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Almost all sectors performed decently barring the pharmaceutical sector which made negative returns 2017 has turned out to be a major wealth creating year for investors. Chances are, if you would have picked any sector randomly the last year, you would have had a 95% chance to make a tidy fortune for yourself. The only … Read more

Invest in Bharat 22 ETF because of its growth potential

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Investors looking for a complete and inexpensive investment vehicle should take the dip in Bharat 22 ETF It’s a unique ETF that is being offered through the government’s disinvestment, but it makes a complete holistic portfolio of stocks because of its 22 private and public sector companies. Companies that comprise the Bharat 22 ETF are … Read more

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

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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

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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!

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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

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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