Explained: What is one-time mandate (OTM) in mutual funds

Explained: What is one-time mandate (OTM) in mutual funds

Mutual funds have become a popular investment vehicle for individuals seeking to diversify their portfolios and achieve financial goals. Among the various investment options and strategies available within mutual funds, the One-Time Mandate (OTM) stands out as a versatile tool for investors. A One-Time Mandate (OTM) is a directive given by an investor to a … Read more

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

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

How can I plan my retirement corpus with fixed-income and non-risk funds?

How can I plan my retirement corpus with fixed-income and non-risk funds?

I am 58 years old and I work with a private firm in Bangalore. I have invested in equities and equity mutual funds earlier. But now my wife wants us to save a part of our savings with fixed-income and non-risk funds for our retirement. My wife is a housewife and our daughter is in … Read more

MF Query: How to invest Rs 20 lakh at age 65? Should one go for dividend plan or SWP?

MF Query: How to invest Rs 20 lakh at age 65? Should one go for dividend plan or SWP?

Investing at the age of 65 requires a thoughtful approach to ensure financial stability and consistent returns. Swapan Giri, ET Mutual Funds reader, a senior citizen looking to invest Rs 20 lakh, sought expert advice on the best investment strategy for his situation. ET Mutual Funds spoke to Aditya Agarwala, Co-founder, Head of Research and … Read more