2024 star performers: Equity funds that gave 4 times returns on lumpsum investments; check details

2024 star performers: Equity funds that gave 4 times returns on lumpsum investments; check details

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

These 4 equity mutual fund categories offer positive returns in November – Positive performers

These 4 equity mutual fund categories offer positive returns in November – Positive performers

In November, technology, international, large & mid-cap, and mid-cap funds delivered positive returns. Technology funds led with a 4.41% average return. Auto and energy & power funds were the worst performers, losing 2.32% and 2.31%, respectively. Source link

86% equity mutual funds outperform their benchmarks in November

86% equity mutual funds outperform their benchmarks in November

Around 86% equity mutual funds have outperformed their respective benchmarks in November, an analysis of performance of equity mutual funds and their respective benchmarks showed. There were around 277 equity mutual funds in the said period and 237 funds have managed to beat their benchmarks in the mentioned period. In other words, around 40 equity … Read more

Investment query: I suffered a huge loss. How should I utilise Rs 10 lakh without investing in high-risk options like stocks, mutual funds

Investment query: I suffered a huge loss. How should I utilise Rs 10 lakh without investing in high-risk options like stocks, mutual funds

Investment advice: I am a 28-year-old male who recently experienced a loss and will soon have approximately Rs 10 lakh in cash coming into my account. Even though I am employed and married, this is a substantial amount of money for me, and I am unsure how to best utilise it.  I am inclined towards … Read more

NFOs for you: HDFC Nifty LargeMidcap 250 Index Fund, LIC MF Manufacturing Fund, WhiteOak Capital Digital Bharat Fund in focus

NFOs for you: HDFC Nifty LargeMidcap 250 Index Fund, LIC MF Manufacturing Fund, WhiteOak Capital Digital Bharat Fund in focus

New fund offers are gaining popularity just like the equity mutual funds. In August 2024, the mutual fund industry saw new fund offer (NFO) inflows totaling Rs 13,815 crore, spread across 18 NFOs. This was a decrease from the Rs 16,565 crore invested in 15 NFOs in July 2024. Of the 18 NFOs launched in … Read more

Tax Query: How taxes are computed on new fund offers (NFOs)? Is there are change introduced in Union Budget 2024?

Tax Query: How taxes are computed on new fund offers (NFOs)? Is there are change introduced in Union Budget 2024?

I am 45 and I have invested in 5 new fund offers in July and August. How are NFOs taxed? Is there are changes introduced in Union Budget 2024? Name withheld on request How much tax do I have to pay? Calculate now Reply by CA (Dr.) Suresh Surana The taxation of NFOs, like other … Read more

NPS Vatsalya vs Long-term equity funds vs Children MFs: In which segment will you get maximum returns?

NPS Vatsalya vs Long-term equity funds vs Children MFs: In which segment will you get maximum returns?

Mutual fund investment: Since the introduction of NPS Vatsalya, many have been speaking about long-term investment plans, which extends for decades and can offer a multicrore asset on maturity. NPS Vatsalya, which is similar to the National Pension System, and equity MFs, or children mutual funds, are important tools for long-term wealth creation. Choosing the most … Read more

How to build a Rs 15 crore retirement nest egg in 30 years. Follow these steps

How to build a Rs 15 crore retirement nest egg in 30 years. Follow these steps

Achieving the goal of accumulating a wealth of Rs 15 crore over 30 years may seem daunting, but with smart financial planning, disciplined saving, and the power of compounding, it’s within reach to make one’s retirement comfortable. Here is one of the ways how one can systematically work towards this financial milestone. The key to … Read more

Sectoral & international mutual funds lead return chart in August, offer up to 9% gains

Sectoral & international mutual funds lead return chart in August, offer up to 9% gains

The sectoral and thematic funds ruled the return chart in August and offered up to 9.37% return, a data crunching by ETMutualFunds showed. There were around 590 equity and equity oriented mutual funds in the said period. WOC Pharma and Healthcare Fund, the topper in the list, gave 9.37% return in August. Two international funds … Read more