Amid rising investor interest in debt mutual funds as a safer alternative during volatile equity cycles, Banking and PSU Debt Funds have emerged as a consistent performer category. These funds primarily invest in debt instruments issued by banks, Public Sector Undertakings (PSUs), and Public Financial Institutions (PFIs), offering both stability and returns. Banking and PSU … Read more
The SBI Long Term Equity Fund, formerly known as the SBI Magnum Taxgain Scheme, is an Equity Linked Savings Scheme (ELSS) offered by India’s largest fund house. With a history of 32 years, this tax-saving fund is one of the oldest of its kind in India, featuring a 3-year lock-in period and tax benefits for … Read more
When selecting mutual funds for investment, the common goal is to achieve the best returns possible. This often leads investors to search for the so-called “best” mutual funds. However, determining what constitutes the “best” fund is subjective and varies depending on individual preferences and financial goals. According to reports, the percentage of direct plans in … Read more
The Nifty Midcap 150 Index has experienced a decrease of nearly 20% from its highest point in the past 52 weeks. Up until the end of February, mid cap funds had an average loss of around 9.57%, with the Quant Mid Cap Fund showing the largest decline at 11.07% in the last month. Over the … Read more
In an exclusive ETMarkets Livestream interview, Subho Moulik, Founder & CEO, Appreciate — a leading expert in global market investments, shares valuable insights into why Indian investors are increasingly turning to the US markets. With a focus on diversification, high-return potential, and exposure to cutting-edge sectors like AI, biotech, and semiconductors, Moulik outlines the growing … Read more
An Equity-Linked Savings Scheme (ELSS) is a type of mutual fund that provides tax benefits under Section 80C of the Income Tax Act, 1961. By investing in ELSS, individuals can avail tax deductions of up to Rs 1.5 lakh annually. ELSS mutual funds have the potential to generate higher returns compared to other Section 80C … 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
In the first week of October, one of my friends was surprised to see a significant credit in his bank account from his equity broker. On inquiring, he got to know that from then onwards; brokers are supposed to transfer the available credit balance in the trading account to the investor’s bank account at least … Read more