When evaluating retirement or other long-term goals through systematic investment plans (SIPs) in equity-oriented mutual funds. It is a common practice to project a 12% annualised return when considering these investments. This projection is derived from the past performance of equity mutual funds in India, which have consistently generated annualised returns of 12% or more … Read more
I am seeking guidance on financial planning for my parents, specifically my father, who is 57 years old and nearing retirement. He has dedicated himself to hard work throughout his career, and I am eager to ensure that he can experience a relaxing and fulfilling retirement. Current Assets and Investments: Land owned by my parents … Read more
Domestic indices have been undergoing a free fall for the past few sessions consecutively. The Indian equity market saw another day of losses, with the Nifty index logging its longest losing streak on record, falling for the tenth consecutive session. The Nifty ended down by 37 points, closing at 22,083, while the Sensex slipped by … Read more
Around 30% equity mutual funds have offered over 20% CAGR in the last three and five-year horizons. There were around 197 schemes that have completed five years of existence in the market. Bandhan Core Equity Fund delivered over 20% CAGR in the mentioned periods. The scheme gave 22.74% and 20.06% CAGR in the last three … Read more
Many individuals in their 20s have begun investing in SIP (Systematic Investment Plan) without a deep understanding of financial concepts, often influenced by social media content or advice from friends. Through conversations with friends and acquaintances, I have observed a trend of individuals across various income brackets, from those earning Rs 20,000/month to Rs 1 … Read more
The mutual fund industry has added over 10 million new investors in the last 12 months. As the financialisation of savings picks up, more new investors are expected to tap mutual funds to create wealth. WHAT CHOICES DO MUTUAL FUNDS OFFER INVESTORS? Investors have several schemes to choose from different asset classes, be it equity, … Read more
Mutual funds have become a popular investment vehicle for individuals seeking to diversify their portfolios and achieve financial goals. Among the various investment options and strategies available within mutual funds, the One-Time Mandate (OTM) stands out as a versatile tool for investors. A One-Time Mandate (OTM) is a directive given by an investor to a … Read more
Becoming a crorepati by investing in mutual funds is an achievable dream with the stock market performing well. Investors in mutual funds have several options to maximise their returns. Achieving millionaire status through mutual fund Systematic Investment Plans (SIPs) requires careful consideration of factors such as the investment amount, duration, and expected rate of return. … Read more
Equity mutual funds have offered negative returns in the last week upto 6%. Sectoral and thematic funds dominated the list of negative performers. Here are 10 worst performers. (Source: ACE MF) Source link
Union Budget: The full Budget 2024, which was presented in July, brought about significant alterations to the taxation regulations governing mutual fund investments. Mutual funds are a popular choice of investment. During 2024, the cash reserves of mutual funds rose by Rs 70,081 crore, reaching Rs 1.80 lakh from Rs 1.10 lakh at the beginning … Read more