1 vote
a. Systematic Investment Plan (SIP) of Rs 15,000/month for two years.
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1 vote
On Monday, the Securities and Exchange Board of India (Sebi) took a number of steps to benefit mutual fund investors. These included reduction in the New Fund Offer (NFO) period and use of Application Supported by Blocked Amount (ASBA).
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1 vote
I want to invest Rs 20,000, divided into two equal parts, in two mutual funds for a long-term (three-five years). Is this the right time to invest in MFs? In the current financial year, I already have put Rs 10,000 each in Kotak Tax Saver and ICICI Prudential RIGHT.
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1 vote
I will soon retire. I plan to hold the mutual funds units till retirement and later use it for regular expenditure. I have no tax-saving funds, the provident fund deductions have been over Rs 1 lakh a year. Advice to consolidate my portfolio to three-five good funds. Retirement portfolio should be compact, stable, inflation-shielded and easy to manage. Senior citizens savings scheme is the safest option for regular income for those above 60 and gives nine per cent a year. Both you and your wife
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1 vote
Banks exposure to mutual funds (MFs) fell around Rs 11,000 crore in the fortnight ended February 26, as lenders strove to meet year-end disbursal targets, aided by a rise in demand for credit.
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1 vote
The domestic fund market saw a substantial dip of 93 per cent in net inflows in the various schemes in February, compared with the earlier month. Courtesy, flow of redeemed money of the December quarter in January and profit booking in the equity segment of the later part of February, before the Union Budget.
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1 vote
I want to invest a lumpsum and I am looking for returns higher than what debt gives over a year. I am also willing to take on some risk (maximum 10 per cent capital erosion).
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1 vote
This is an open-ended balanced scheme and did well in recent times. Its five-year annual returns are 21 per cent (as on March 3), five per cent higher than its category. However, the fund had its ups and downs.
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1 vote
After flagging equity sales and shrinking margins, mutual fund distributors are facing another challenge maintaining know-your-customer (KYC) documents with Registrar and Transfer Agents (RTAs).
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1 vote
All but 13 out of the 38 fund houses post a surge in assets.
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1 vote
In a rising interest rate regime, fixed maturity plans can offer good returns. But exit in the interim is difficult because of listing.
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1 vote
Though it has been more than six months since the ban on entry load on mutual funds (MFs) came into force, independent financial advisors (IFAs) are still shying away from selling MFs. Instead, they are opting to sell other more lucrative products such as unit-linked insurance plans (Ulips). Some of them have even ventured into stock broking. IFAs say customers are not willing to pay the advisory fees.
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1 vote
According to the survey, a retail investor in Guwahati invests about 15 per cent of his income into investment products, the most preferred being life insurances which account for about 50 per cent of the investible surplus.
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1 vote
I had invested Rs 5 lakh in HDFC Taxsaver Fund in February 2009 just for investment purposes, not to save tax, as I never take tax rebate on my investments. I want to switch my investment into HDFC MIP Long-Term.
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1 vote
This fund perfectly fits the definition of core portfolio holding. What it will give you is stability, both in bear and bull phase. The fund is known for its consistent returns. Its three-year and five-year trailing returns have been 14 per cent and 26.56 per cent, respectively. During bad times, the fund managed to curtail its losses effectively, too. In 2008, it shed 45.54 per cent, against the category's loss of 50.95 per cent.
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