I am a 40-year-old salaried individual earning a monthly salary of Rs 2.75 lakh, while my wife brings home Rs 1.35 lakh per month. She manages our household expenses, allowing me to focus on saving and investing for our future. My current plan involves allocating Rs 1.5 lakh per month towards SIP investments with the … Read more
The recent downturn in equity benchmarks has had a significant impact on the annual returns of equity investments in the National Pension System (NPS), which have now decreased to 10.89% as of February 1, based on the latest data from the Pension Fund Regulatory and Development Authority (PFRDA). The decline in benchmarks by over 10% … Read more
Mutual fund investors typically seek schemes that have exceeded their respective benchmarks over a period of time. Despite deploying a significant amount of funds over the past five weeks, equity mutual fund (MF) schemes continue to hold a substantial amount of cash amidst a 10% downturn in the National Stock Exchange Nifty benchmark. According to … Read more
With the new government completing 100 days at the center and the US Fed giving in to the clamor with a resounding 50 bps rate cut, retail investors in Mutual Funds (MFs) who were waiting on the sidelines for the dust to settle can look at deploying monies in their chosen asset classes basis risk … Read more
NPS Vatsalya calculator: NPS Vatsalya is the recent addition to the range of pension schemes introduced by the NDA government under the leadership of Prime Minister Narendra Modi. The newest scheme represents a significant stride towards ensuring social security coverage for all citizens and empowers individuals to leverage the potential of compounding, allowing them to steadily build … Read more
I am 31 years old and I want to actively invest. Should I go for bank fixed deposits ( FDs) or debt funds. What is your recommendation during the current market conditions? Name withheld Response shared by Jiral Mehta, Senior Research Analyst, FundsIndia. Debt Funds hold several advantages over fixed deposits (FDs). When you invest … Read more
Rathin Roy, prominent economist and former member of the Prime Minister’s Economic Advisory Council (PMEAC), dismissed the increase in capital gains tax as irrelevant to the fiscal health of India. In an interview to Moneycontrol, Roy said adjusting the capital gains tax, whether doubling or halving it, would scarcely impact the country’s tax revenue. He … Read more
Rakesh Rawal, CEO, Anand Rathi Wealth, says it is easier to get flows when market sentiment is backed by investor confidence. When there is a little bit of turmoil, then more efforts are needed to build confidence and the past has shown that extra efforts do not change the direction of flows. So, yes, if … Read more
Mutual Fund SIP: The Lok Sabha election result, where the Bharatiya Janata Party (BJP) got a slimmer majority, triggered a fresh correction in the market. On Tuesday, June 4, the day the counting took place, Sensex saw the sharpest drop in four years. During the intraday trading, the Nifty 50 declined sharply by nearly 1,900 points, … Read more
On February 15, 2024, just three months after its launch, Zerodha Fund House—a joint venture between India’s largest stockbroking firm Zerodha Broking and portfolio investing platform smallcase Technologies—attracted 100,000 investors and Rs 500 crore in assets under management (AUM). The fund house took just 40 more days to accomplish the next Rs 500 crore in … Read more