1 vote
This fund takes risks but does not leave investors unrewarded. Over the five-year period ended June 30, it delivered an annualised return of 13.35 per cent (category average, 9 per cent).
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1 vote
The Securities and Exchange Board of India (Sebi) wants trustees and independent directors to become more proactive in the functioning of fund houses and enhance their roles to ensure investor protection.
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1 vote
There are just 10 mn MF investors compared to 60 mn homes with life insurance.
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1 vote
Some mutual fund (MF) distributors are swindling customers by investing the latters money in their own names through front entities. They do so by taking advantage of a rule allowing registrars to accept third-party cheques with application forms.
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1 vote
In early 2008, I invested Rs 50,000 in HSBC Equity. The net asset value (NAV) then was 42.33. Should I hold this fund? I also bought 2,210 units of ICICI Prudential Infrastructure Fund at an NAV of 22.62. Both funds were dividend option.
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1 vote
I am a businessman, 29, married. I have invested lumpsums in 23 funds. I own some stocks worth Rs 1.10 lakh. My Public Provident Fund (PPF) account balance is Rs 5 lakh. Earlier, I redeemed Rs 2 lakh from mutual funds.
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1 vote
There is some good news for the mutual fund industry. Despite the sharp drop in average assets under management (AAUM), the number of folios a parameter for gauging the number of investors has risen. And retail investors seem to be entering the market through the debt fund route.
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1 vote
I had invested in ICICI Prudential Fusion S-III Retail and Equity & Derivatives Wealth Optimizer. Both have done badly.
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1 vote
This fund gained a foothold after the Robeco group bought stake in Canbank Mutual Fund. It aims at a balanced portfolio of large- and mid-cap stocks with a 'growth' style of investing. The equity allocation is ranged between 80-100 per cent.
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1 vote
With new valuation norms coming into effect from August 1, domestic fund houses are contemplating an exit load on early redemptions from liquid plus schemes.
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1 vote
I am 35. I intend to accumulate wealth for my retirement, children's education and marriage. I have not determined the amounts required for these goals. My investment time frame is 20 years. I also wish to buy a car in a year's time. Please take a look at my portfolio. I invested in mutual funds in lumpsum.
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1 vote
I am 32, married and have a child. I wish to invest Rs 12,000 for the long-term in the following funds via systematic investment plans (SIPs). I have chosen tax-saving funds. Please review and advise.
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1 vote
According to latest data from the Association of Mutual Funds in India (Amfi), the industrys average assets under management (AAUM) plunged 15.89 per cent, or Rs 1,27,695 crore, in June to Rs 6,75,864.20 crore, compared to the May figures.
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1 vote
The idea of consolidation of mutual fund schemes has found takers in the domestic fund market but, according to industry players, the process is tedious and cumbersome. The Securities and Exchange Board of India (Sebi) recently expressed its reservations on mushrooming of mutual fund products in the market.
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1 vote
The upcoming new regulations will help make schemes more efficient.
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