The beginning of a new year is an ideal time to make healthy lifestyle changes, break bad habits, and improve your overall well-being. The most common New Year’s resolutions are to exercise daily, lose weight, avoid junk food, eat a healthy diet, and get enough sleep. By sticking to these resolutions, you can keep yourself fit and…
The Securities and Exchange Board of India (SEBI), in a circular dated May 23, 2022, allowed the Indian mutual fund houses to launch passively managed open-ended Equity-linked Savings Schemes (ELSS) with effect from July 1, 2022, providing investors with yet another tax-saving investment option. Mutual fund houses may introduce passive ELSS (via Index Fund), and these schemes…
Mutual funds are often suggested as the go-to investment avenue for meeting a variety of financial goals. Investments in mutual funds are different from savings, and they are certainly different from just depositing money or buying gold or property. A mutual fund investment should always be made with a clear insight into the plan and a clear…
Most individuals invest in some kind of small savings scheme to create wealth. The purpose of the central government-backed Small Savings Schemes is to encourage all citizens, regardless of age, to save regularly. These schemes come with a sovereign guarantee, tax benefits, and returns that are typically higher than bank fixed deposits with less risk and volatility.…
The Indian economy in 2022 has witnessed a roller coaster ride of events from the Russia-Ukraine war with its effect on global supply chains to skyrocketing inflation which has led to rising interest rates; all this has also had a significant impact on the Indian markets. The prevailing year has not been easy for investors,…
Investments in debt market generally have reduced volatility over longer tenures compared to equity markets. Long-duration investment can offer market-linked returns with a competitive alternative to traditional annuity products. However, long-duration debt funds are sensitive to changes in the interest rate and are more volatile than other categories of debt funds. Investors who are comfortable…
Investment in Equity Linked Savings Scheme (ELSS) is an ideal stepping stone for many novice investors to enter the equity market. As compared to traditional investment options, ELSS offers higher returns. According to the capital market regulator SEBI, with effect from July 1, 2022, mutual fund houses may introduce Passive ELSS funds. IIFL Mutual Fund…
The Central Public Sector Enterprises (CPSEs) were allowed to invest their surplus funds in SEBI regulated public sector mutual funds only, where the government holds >50% stake. Surplus funds refer to funds still available with CPSEs after meeting the business requirements, including operating expenses, tax payment, working capital, debt servicing, and capital expenditure. The original…
Many investors struggle to select the right asset allocation for their portfolios. The multi-asset allocation approach helps such investors to even out the risk that comes with investing in just one asset class. Allocating the right asset allocation mix to your portfolio can assist you in gaining optimal risk-adjusted returns. The Multi-asset allocation strategy invests across various…
Edelweiss Mutual Fund has launched the fourth tranche of the BHARAT Bond Exchange-traded Fund (ETF). The latest Bharat Bond ETF is maturing in April 2033, and subscriptions in this new ETF will be allowed till December 8, 2022. Previously, the fund house had launched Bharat Bond ETFs maturing in 2023, 2025, 2030, 2031, and 2032.…
