BSE StAR Mutual Fund introduces e-mandate facility
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 toContinue Reading
2017: A good year for wealth creators
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 tidyContinue Reading
Invest in Bharat 22 ETF because of its growth potential
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 compriseContinue Reading
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% YoYContinue Reading
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. AllenContinue Reading
A mutual fund SIP is a dream way to grow tiny sums into a large fortune
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 isContinue Reading
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 –Continue Reading
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. AtContinue Reading