Mumbai: Individual investors pumped money into equity schemes in February for the 12th straight month, undeterred by the stock market volatility due to uncertainties around monetary policy tightening by the US Federal Reserve and geopolitical tensions. Equity mutual funds logged in flows to the tune of ₹19,705 crore in February, higher than January’s ₹14,888 crore, … Read more
Karkera said technology companies dealing in communication services, export-oriented software, and innovative product development are in a “sweet spot”. Synopsis Systematic investment plans (SIPs) in technology mutual funds have worked well for investors in the past five years, generating double the average returns from various equity schemes. Mumbai: Systematic investment plans (SIPs) in technology mutual … Read more
I am 28-year-old earning Rs 60,000 per month. I am planning to start investing in mutual funds to take care of child education, his/her marriage and my retirement. I want to start with a monthly investment of Rs 20,000. I have shortlisted a few schemes as below: Rs 6,000 in PPF for retirement and tax … Read more