1 vote
Piyush Bhurangi, 26, a software engineer in Noida, UP, is getting married in November and wishes to have a long-term investment plan to suit a larger family. He invests Rs 1,000 each month in mutual funds via systematic investment plans (SIPs). Currently, on a take-home salary of Rs 25,000 a month, his expenses add up to about Rs 10,000, apart from investments. He has a term insurance plan of Rs 25 lakh, with additional death benefits (ADB), taken in September 2009. All his investments are tilt
read more »
1 vote
I have invested in an SIP of HDFC Top 200 since 2005. Do I need to stop and start afresh , so that it does not attract entry load. Kindly advise.
read more »
1 vote
Assets of the mutual fund (MF) industry touched an all time high of Rs 7.62 lakh crore, while the countrys largest fund house, Reliance MF, saw a decline of over Rs 1,400 crore in its average assets under management (AUM) at the end of October.
read more »
1 vote
I have been a regular investor in mutual funds for the past 3-4 years. I have accumulated many funds in my portfolio which were at some time or the other very good funds, but not all are rated 4- or 5-stars today. Should I exit funds as soon as they go below the top ratings? I think this will mean too much of churning in my portfolio.
read more »
1 vote
The domestic mutual fund industry has appreciated the Security and Exchange Board of Indias (Sebis) move on clearing and settlement of trades in corporate bonds through clearing corporations. Fund houses believe the step will bring transparency in the bond market and enhance liquidity.
read more »
1 vote
The heavy redemption in debt schemes of mutual funds (MFs) in September should get reversed soon and MFs are expected to get back the entire outflow in the current month. Historical evidence suggests that debt funds face redemption pressure at the end of every quarter. This pressure is considerably higher at the end of the first as well as the second half of the financial year.
read more »
1 vote
While several proposals for launching new fund offers (NFOs) are awaiting approval from the Securities and Exchange Board of India (Sebi), quite a few fund houses are saying new schemes should not be launched only for the sake of it.
read more »
1 vote
If you have no qualms about a choppy ride, this nimble offering is worth a look. Originally the Chola Freedom Technology Fund, it turned into an opportunities fund in December 2003. Over the next two years, its performance was far from impressive. Then, in 2006, it began to change for the better.
read more »
1 vote
I have some money that I plan to use after a month.
read more »
1 vote
A couple of reports in the American press revealed that more individuals are selling their broken and unwanted gold jewellery as the yellow metals price soared, while the recession blues refuse to go away. Back home, we have had a number of queries from investors considering whether or not to invest in gold via exchange-traded funds (ETFs).
read more »
1 vote
If you want to be a smart investor, you cannot view your investments solely on the basis of the returns they can generate. You have to simultaneously check out the tax implications of your investments.
read more »
1 vote
With the turnaround in the commodity cycle in the last three months, mutual funds that invest in commodity-related companies have also started doing well.
read more »
1 vote
The Securities and Exchange Board of India (Sebi) has received a mild response to its proposal to make it mandatory for mutual fund distributors to disclose the commissions they are paid by asset management companies (AMCs).
read more »
1 vote
I am investing in mutual funds since 2006 beginning through Systematic Investment Plan (SIP). My investment horizon is about 15 years. Before the recent stock market meltdown, the unrealised profit of my portfolio was more than 100 per cent. However, currently the loss is around 25 per cent. Though I don't need to redeem my investments, I am thinking of booking profits intermittently.
read more »
1 vote
I am a 50-year old defence officer with two dependents. My monthly take home salary is Rs 58,000. Post-retirement, after four years, I am likely to receive about Rs 30 lakh as a lump sum and a monthly pension of Rs 25,000. Examine the financial health of my portfolio, review my mutual fund selection and suggest the necessary changes and additional investments.
read more »