Mutual fund investment has become an appealing opportunity for wealth accumulation. A key advantage of this investment avenue is its accessibility, as individuals can start investing with amounts as low as Rs 100 or Rs 200 through Systematic Investment Plans (SIPs). The power of compound interest, given time to grow, has the potential to turn … Read more
PSU mutual funds are losing steam. Do I withdraw my investment now or should I wait? Are PSU funds going to provide low returns in the near future, or are they likely to rebound? What is the current outlook for these funds? Manorajan Das, Gurgaon Reply by Shweta Rajani, Head – Mutual Funds, Anand Rathi Wealth … Read more
Madhu Nair, CEO of Union Mutual Fund, has a bullish view on the investment landscape. That’s why he believes that the assets of mutual fund industry could touch Rs 140-200 lakh crore in 7-10 years. He feels money flows into equities and bonds in India will surprise over the next 10-15 years. Over the past … Read more
AMFI June data: Equity mutual funds saw an inflow of Rs 40,608.19 crore in June, which is 17% higher and is a new high for the segment. According to the latest Association of Mutual Funds of India (AMFI) data, the monthly inflow in May was Rs 34,670.9 crore. The 17% hike is mainly due to … Read more
Mutual fund investment: The economic expansion of India is closely linked to the performance of its stock markets. When certain sectors start growing, this lead to increased investor confidence, heightened market activity, and elevated asset prices. This optimistic outlook within the stock markets stimulates additional investments in these evolving sectors. India offers a varied investment … Read more
Quant Mutual Fund: Mutual fund investors were shocked after the Securities and Exchange Board of India (SEBI) initiated a probe against AMC Quant Mutual Fund over charges of front running. The regulatory body has identified trading behaviours indicating potential front-running activities by an individual connected to the fund. In response to these findings, the Asset … Read more
Mutual funds are a popular choice among investors due to their versatility and accessibility. They provide a strategic avenue for investors to participate in the stock market, debt market, and the overall economy. One of the key advantages of mutual funds is their ability to deliver risk-adjusted returns, which is vital in today’s constantly changing … Read more
The benchmark stock market indices experienced a significant recovery following substantial declines on Dalal Street after the Lok Sabha election results. The Sensex successfully recaptured the 74,000 mark while Nifty increased by 600 points during the afternoon trading session. Specifically, the S&P BSE Sensex surged by 2.83%, closing at 74,115.50—a gain of over 2,000 points. … Read more
I am a senior citizen of 72 years. I want to invest some money with mutual funds to get a 15-16% return in 5-6 years. Kindly advise what mutual fund I should invest in. Shall I invest in a lump sum or in SIP please elaborate. Reply by Sushil Jain, CEO, PersonalCFO.in We appreciate that … Read more
I have cash surplus of Rs 12 lakh. Should I use this amount to prepay my parents’ home loan of Rs 7 lakh or should invest it? What is a wiser decision in the long term? Where and how should I invest the entire/remaining amount to generate a monthly income of at least Rs 25 … Read more