Raksha Bandhan is the most auspicious and most celebrated brother-sister festival in India. This year, Rakhi will be celebrated on August 19, 2024. Though traditional gifts like cash, clothes and jewellery are the favourite gift choices for sisters, many financial experts feel that gifting investment tools, such as fixed deposits, mutual funds, and others, can … Read more
Nippon India Mutual Fund has revised its subscription limits for Nippon India Small Cap Fund, effective from Friday, i.e., August 16, 2024. Among the new changes, the daily investment limit for new Systematic Investment Plans (SIPs) and Systematic Transfer Plans (STPs) will shift from Rs 50,000 per day per PAN to Rs 50,000 per transaction … 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
Quant Mutual Fund’s recent probe by the Securities and Exchange Board of India (Sebi) is making its investors a bit edgy. Quant Mutual Fund, a high-growth asset management company (AMC), is one of the top fund managers with Rs 93,000 crore of assets. It was probed for its alleged front-running activity. Front-running is when an … Read more
Indians poured a record amount into equity mutual funds in May, driven by a wave of new thematic schemes that captured the market’s attention. The inflows into equity mutual funds soared by 83% to reach an all-time high of ₹34,697 crore, up from ₹18,917.1 crore in April, as per the latest data from the Association … Read more
It’s no secret that systematic investment plans (SIPs) in mutual fund schemes protect investors from market volatility and create wealth over time. However, it is easier said than done. There are many complexities, such as SIP exposure to sectoral funds out of flavor, or under-performing small caps, or large caps schemes , which could lead … Read more
Financial stability in retirement is a common financial goal, and well-planned investments are crucial for achieving financial freedom. As we live longer, more and more people are settling in nuclear families, and the cost of living and healthcare is increasing, it’s important to prepare for a secure retirement. After retirement, regular income stops, and the … Read more
Anthony Heredia, MD & CEO, Mahindra Manulife, says “there is a lot of underlying belief in India’s long term potential, which gets translated into a lot of smaller companies becoming attractive. I do not expect smallcap flows to suddenly die. But I clearly see that flows getting more evenly distributed between small, flexi and multi … Read more
Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch has informed that the capital markets regulator is working in tandem with mutual fund houses to bring down the minimum investment requirement under the systematic investment plans (SIPs). Madhabi Puri said that she asked some of the mutual fund houses whether an SIP of … Read more
In this economy, it is not only parents who urge their kids to not spend needlessly and focus on bachat, but mutual funds experts too! Edelweiss Mutual Fund CEO Radhika Gupta, said light-heartedly that her plight is that as someone who sells systematic investment plan (SIP), she has to compete with the likes of Zomato … Read more