Investing in mutual funds is a popular strategy for individuals looking to grow their wealth while diversifying their risk. Thanks to Fintech, access to mutual fund investments has become simpler for both beginners and seasoned investors, contributing to the recent surge in mutual fund inflows. The AUM of the Indian MF Industry has grown from…
The deadline of June 30, 2024, to add a nominee to your mutual fund investments is soon approaching. Last week I wrote, about what happens if your mutual fund folios and demat accounts do not have nominations. The capital market regulator, SEBI in its latest circular dated June 10, 2024, has clarified that non-submission of ‘choice of nomination’ shall…
India’s infrastructure sector is a behemoth, playing a pivotal role in the nation’s economic development. From robust transportation networks to reliable power grids, well-developed infrastructure is critical for propelling businesses and fostering overall growth. One of the most important pillars in ensuring effective governance in a nation’s economy is its infrastructure. Prime Minister Narendra Modi’s…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed Nippon India Multi Cap Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. Nippon India Multi Cap Fund is a Multi Cap Fund that has recorded a strong improvement in its performance by holding an excessively diversified portfolio and staying put on some of…
In the dynamic landscape of global energy, India stands as a beacon of ambitious renewable energy goals. With a rapidly growing population and a burgeoning economy, India’s energy demands are significant. However, the nation is resolutely turning towards a greener future, one powered by the sun, wind, and other sustainable sources. Several factors are propelling…
Editor’s note: This article has been updated to ensure it reflects the latest SEBI cut-off timings, implemented on February 01, 2021. We’ve also incorporated insights from the recent June 4th glitch to provide even clearer guidance on navigating mutual fund transaction cut-off times effectively. The Indian stock market experienced a rollercoaster ride on June 4th, 2024.…
When it comes to financial assets and physical assets, having a nomination is ideal. It ensures that your hard-earned savings and investments are passed on to your loved ones when you cross the styx. The last date for adding nomination to your demat account and mutual fund folios is June 30, 2024, as per the Securities and Exchange Board of India (SEBI)…
On June 04, 2024, the Indian stock market witnessed a significant sell-off following the Lok Sabha election results. Intraday, front-line indices, including S&P BSE Sensex and Nifty 50, slumped after early trends started suggesting that the BJP-led NDA was not achieving the 400+ seats which it aimed for. Indian markets experienced a dramatic reversal on June…
On June 9, 2024, in a stunning splendour at the Rashtrapati Bhavan and the presence of several dignitaries, Shri Narendra Modi was sworn in as Prime Minister of India for the third consecutive term (after the first PM of India and Congress Stalwart, Shri Jawaharlal Nehru). Besides, a 72-member Council of Ministers took oath —…
The Indian equity market has experienced significant growth in recent years, offering investors the potential for substantial returns. Equity mutual funds have been a popular choice amongst investors for capitalising on this growth. While past performance does not guarantee future results, identifying funds consistently delivering high returns can be a valuable starting point for your investment…
