1 vote
I want to start a Systematic Investment Plan (SIP). I wish to start by investing Rs 2,500-3,000 a month for the next 20 years and I am open to equity funds, too. Please advice about some good schemes I should invest in and how I should balance my portfolio by investing in more than one scheme.
read more »
1 vote
Fund houses pay management fees on the basis of assets and since assets under management (AUM) of equity schemes have risen 75 per cent, or Rs 83,000 crore, in the first half of the current year, fund managers fees have gone up to Rs 759 crore.
read more »
1 vote
I want to make a lump sum investment of around Rs 30,000 in an ELSS (Equity Linked Savings Scheme) fund. Please help me choose a good one.
read more »
1 vote
The fall in assets under management (AUM) in financial year 2008-09 has hit the net profit of the mutual fund industry. The industrys average net profit has declined 29.84 per cent in financial year 2008-09, acccording to an ICRA report released today.
read more »
1 vote
I am 59 years old and wish to retire in February 2010. I want to create a pension fund and also seek regular tax-free returns from mutual funds. I own a house and don't have any liabilities.
read more »
1 vote
I had invested in ELSS (equity linked savings scheme) funds one year before, but I have not claimed this investment while filing for return.
read more »
1 vote
The Securities and Exchange Board of Indias (Sebis) move to ban entry load on mutual funds (MFs), in spite of being an investor-friendly step, has created a problem for smaller investors.
read more »
1 vote
The domestic mutual fund (MF) industry has grown 5.91 per cent in November with its average assets under management (AAUM) at Rs 8.07 lakh crore. In October, the AAUM of the industry stood at Rs 7.62 lakh crore.
read more »
1 vote
The domestic mutual fund (MF) sector has registered positive growth in November, if the average assets under management (AUM) of the top five fund houses are any indication. Barring a few houses, a majority of the players reported positive growth in their assets.
read more »
1 vote
No clarity yet on brokerage fee, securities transation tax yet.
read more »
1 vote
Investors keen on buying mutual funds online through the National Stock Exchange (NSE) will need to wait slightly longer to get access to all fund houses. The NSEs online MF trading platform will only start with equity funds of one Asset Management Company.
read more »
1 vote
Over-exposure to mid-caps and small-caps, feel analysts.
read more »
1 vote
Over the past 13 years, this fund has had its bursts of brilliance and bouts of underperformance. And, has evolved into a middle-of-the-road performer that rewards investors who hangs in for long-term. Its five-year returns of 23.4 per cent (October 30) bears testimony.
read more »
1 vote
In an attempt to broadbase the presence of mutual funds (MFs) in the country, the Securities and Exchange Board of India (Sebi) today said that the existing stock exchange infrastructure might be allowed for transactions in MF schemes.
read more »
1 vote
Fixed income funds saw the largest net inflows among all fund categories in October.
read more »