The Reserve Bank of India (RBI) for the third successive time has kept the policy repo rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.50% in its August 2023 bi-monthly monetary policy 2023-24 meeting today. The six-member Monetary Policy Committee (MPC) also decided to remain focused on the withdrawal of accommodation to ensure that inflation progressively aligns…
Mutual funds, over the last few years, have now become a popular investment avenue for novice as well as seasoned investors. Thanks to AMFI’s Mutual funds Sahi Hai campaign for this. However, investors often find themselves in a quandary as to how to pick or choose the best mutual fund — because, a fact is, not all mutual funds…
Over the last couple of months, exuding confidence in India’s growth story (termed as a ‘bright spot’ by the International Monetary Fund), the Indian equity markets scaled new highs and generated wealth for investors. However, not all stocks and sectors have participated or done well in the rally. For example, the IT & software sector and certain…
The capital market regulator, SEBI in its board meeting held in March 2023, had taken a major decision to set up a Corporate Debt Market Development Fund (CDMDF), that shall serve as a Backstop Facility for specified debt mutual funds during market dislocations, i.e., in times of stress and, in general, enhance liquidity in the secondary market. This…
“In this world nothing can be said to be certain, except death and taxes.” — Benjamin Franklin (the founding father of the United States of America, statesman, diplomat, polymath, philosopher, author, printer, publisher, inventor, and scientist) As regards taxes, a penny legitimately saved from tax is money earned. And for this purpose, tax planning is pivotal.…
Mutual Funds have gained immense popularity over the past decade due to the variety of options (catering to the needs of every investor) plus, owing to the fact that they have delivered better returns than some of the traditional investment instruments, particularly bank fixed deposits. During the last quarter, for example, bank fixed deposits reported…
“Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth,” says Robert Kiyosaki, the author of the bestseller ‘Rich Dad, Poor Dad‘ and a celebrated investor who made millions of dollars investing in real estate. Real estate or property investment over the last few…
The exuberant mood at Dalal Street is pushing Indian equities to new lifetime highs. A variety of factors have bolstered investors’ confidence, and the realised volatility has reduced. The bellwether index, i.e., the S&P BSE Sensex, along with the one representing smaller companies — the S&P BSE Midcap Index and the S&P BSE Smallcap Index…
The inflows into mutual funds — particularly the equity-oriented ones — and the rise in AUM, are a testimony to the growing popularity of mutual funds as a wealth creation investment avenue. Over the last few years, the AUM of passive funds as a percentage of the total AUM of all open-ended funds has jumped from 8%…
Riding on a wave of exuberance, the Indian equity market, i.e., bellwether S&P BSE Sensex, scaled to a new lifetime high of 63,588.31 points in the early trade on June 21, 2023 while the Nifty 50 hovered near its all-time high (of 18,887.60 points). A promising economic future supported by reforms, investments, and consumption, even amid fears…
