long-term wealth creation

ETMarkets Smart Talk: Sachin Relekar on consumption & defense: Top themes for future wealth creation for long term investors

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ETMarkets Smart Talk: Sachin Relekar on consumption & defense: Top themes for future wealth creation for long term investors

Welcome to ETMarkets Smart Talk. In this insightful session, we sit down with Sachin Relekar, Senior Equity Fund Manager at Axis Mutual Fund, who shares his expert views on the key themes driving India’s equity markets. Sachin highlights consumption and defense as pivotal sectors offering promising opportunities for long-term wealth creation. Amid global uncertainties and … Read more

March 31 tax deadline: ELSS or tax-saving funds can help you save Rs 1.5 lakh under Section 80C. Should you go for it?

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March 31 tax deadline: ELSS or tax-saving funds can help you save Rs 1.5 lakh under Section 80C. Should you go for it?

As the financial year draws to a close on March 31, taxpayers are focusing on maximising their savings through investments under Section 80C of the Income Tax Act. Among the various options available, Equity Linked Savings Schemes (ELSS) stand out as a favourable choice for both tax savings and potential long-term wealth creation. Under Section … Read more

I am 40 and I want to buy a 3-BHK property with Rs 90 lakh loan; how should plan my financial journey without touching my investment?

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I am 40 and I want to buy a 3-BHK property with Rs 90 lakh loan; how should plan my financial journey without touching my investment?

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

ET In The Classroom: Selecting your first mutual fund investment

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ET In The Classroom: Selecting your first mutual fund investment

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

NFO alert: ICICI Prudential Rural Opportunities Fund floated; check details

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NFO alert: ICICI Prudential Rural Opportunities Fund floated; check details

ICICI Prudential Mutual Fund introduced the ICICI Prudential Rural Opportunities Fund, an open-ended equity scheme focusing on Rural and allied themes. The fund will be available for investment from January 9, 2025, to January 25, 2025. It aims to primarily invest in sectors that support and thrive on the growth of rural India. The scheme’s … Read more

Mutual funds: How multi-sector funds can help investors navigate market dips; here’s some advice

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Mutual funds: How multi-sector funds can help investors navigate market dips; here’s some advice

In the last one month, domestic stock markets have experienced a significant decline due to weak Q2 results and substantial selling by foreign investors. The Sensex and Nifty have dropped almost 10% from their highs, leaving investors uncertain about the best course of action during this market downturn. Despite the challenges, the mutual fund industry … Read more

My dad is 51 years but he has no investments. How should we plan his robust retirement corpus?

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My dad is 51 years but he has no investments. How should we plan his robust retirement corpus?

My father, aged 51, currently has no investments. He owns two properties and has one ongoing loan of Rs 20 lakhs. He has his money saved in the Provident Fund. His annual income is Rs 10 lakhs. Recently, a bank representative proposed a scheme whereby he would need to invest Rs 2 lakhs per year … Read more