Inflows into equity mutual funds rose 81.06% month-on-month, climbing from Rs 23,568 crore in June to Rs 42,673 crore in July. On a year-on-year basis, inflows were up 15.08% from Rs 37,082 crore in July 2024. Notably, they have surged from an outflow of Rs 3,845 crore in July 2020 to an inflow of Rs … Read more
Tata Mutual Fund has announced the merger of Tata Quant Fund into Tata Flexi Cap Fund, scheduled to take effect on March 21, 2025. Following this merger, Tata Quant Fund will be dissolved, and its unitholders will seamlessly transition to being part of Tata Flexi Cap Fund. Investors who do not support the merger have … Read more
For the past 5 years since the onset of COVID-19, I have actively invested in SIPs and have been pleased with the growth, especially in the post-Covid era. However, in recent months, the profits have shown a decline. Despite my concerns, my financial advisor reassures me that it is a favorable time to continue investing … Read more
Mutual funds: In November, inflows into debt funds saw a significant drop to Rs 12,916 crore, marking a 92% decrease from the Rs 1.57 lakh crore recorded in October. This steep decline can be attributed to a combination of factors including liquidity constraints, tax obligations, and market fluctuations. Liquid funds experienced the largest outflows, with net … Read more
Mutual funds: In October, with Indian markets witnessing corrections due to lackluster earnings, domestic mutual funds (MFs) adopted a proactive approach by acquiring top-performing stocks during their dipping value. The Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, strategically increased its investment in around 13 stocks within its portfolio during this … Read more
With the introduction of the Unified Pension System, it is essential to understand how it measures up against the existing National Pension Scheme (NPS) and the traditional Old Pension System (OPS). NPS involves investing a portion of the funds in the equity market, making it a relatively market-linked pension scheme. On the other hand, UPS, … Read more
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
In recent years, the cost of education has been rising at an alarming rate. While general inflation remains around 5-5.5%, educational expenses have surged to approximately 11-12%. Projections suggest that these costs could potentially double every six to seven years, imposing a substantial financial burden on families. Illustrating educational inflation, a private engineering college that … Read more