SIP contributions hit a record high, passive AUM crosses Rs 15 trillion and retail investors stay put through the worst equity correction in years. Antique Stock Broking says the industry’s structural growth story is intact. India’s mutual fund industry has done held together while everything around it has not. Equity markets are down over 13% … Read more
Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited, and investment manager to Aditya Birla Sun Life Mutual Fund (“ABSLMF”), has launched the Aditya Birla Sun Life Retirement Fund. It is an open- ended retirement solution oriented scheme for investors. The fund has a lock-in period of minimum five years or … Read more
The Security Exchange Board of India (SEBI) have permitted mutual funds and portfolio services (PMS) for trading at commodity market. The board be meeting in the second week of March. SEBI has already made provisions for its entry as a new participant. It is reported that SEBI has tweaked its regulations so that warehouse receipts … Read more
The Additional Offering Period (AOP) of ICICI Prudential Mutual Fund managed BHARAT 22 ETF has just been announced. This AOP is a part of the Government of India’s disinvestment initiative announced earlier by the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, using the ETF route. ICICI Prudential AMC proposes to raise … 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
If you are wondering whether mutual funds are better than direct stock investing, keep reading. You know that mutual funds invest in equity directly. But often times you hear rags-to-riches stories that so-and-so investor made tons of money by betting on one select stock. These success stories often tempt you into thinking that direct investing … 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