PSU mutual funds are losing steam. Do I withdraw my investment now or should I wait? Are PSU funds going to provide low returns in the near future, or are they likely to rebound? What is the current outlook for these funds? Manorajan Das, Gurgaon Reply by Shweta Rajani, Head – Mutual Funds, Anand Rathi Wealth … Read more
My husband passed away in December 2023. Now with his death, I can only invest Rs 30 lakhs in Senior Citizen Savings Scheme (SCSS) in my name instead of Rs 60 lakh previously done for both. Where can I invest this money now, where I can get maximum, risk-free returns with a lock-in period of 5 years. Name … Read more
Mutual fund investment: In the year 2024, sectoral and thematic funds have emerged as the focal point in the investment landscape, capturing 42% of the total active mutual fund inflows. This surge in interest is primarily driven by domestic investors, notably retail investors, who are displaying a significant penchant for sectoral and thematic funds. As of … Read more