The Flexi Cap Mutual Fund category generated average returns at a CAGR of about 14% in the last 5 years. This category of equity mutual fund comprises 37 schemes having a combined asset under management (AUM) of Rs 2.72 lakh crore. There are currently 21 schemes in the Flexi Cap Mutual Fund category that have been in existence for…

As we know, while investing in equity mutual funds, it is crucial to decide the suitable category – i.e. large cap, mid cap, small cap, multi-cap or sectoral. Each category has its own pros and cons; however, investors must ensure to invest in any of these categories based on their risk profile, investment horizon, and…

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…

Debt is one of the main asset classes that investors can consider to diversify their investment portfolio in addition to equities. One of the most efficient ways to Investment in debt instruments is via well-managed Debt-oriented Mutual Funds as they are less volatile than equities and facilitate steady growth of capital. What are Debt Mutual Funds? Debt…

As a mutual fund investor, one often comes across the term NAV (Net Asset Value) . However, not everyone is well-versed with the concept of NAV and the role that it plays in mutual fund investments. In this article, find out in detail what is NAV in mutual funds and why it is important for…

The mutual fund industry is undergoing several kinds of changes and expansions. While the markets are at an all-time high, a significant development might shake up the asset management business. The world’s largest Asset Management Company is returning to India, and it is doing so in partnership with Reliance Industries Ltd. (RIL), which is owned…

Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed  Mirae Asset Tax Saver Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. Mirae Asset Tax Saver Fund is a well-managed Tax Saving Mutual Fund (ELSS) that has generated exceptional returns across market phases and figures among the top quartile performers in the…

“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.…

When investors redeem their mutual fund units, the money is not instantly transferred to investor’s bank account. The process can take 3-4 working days, in case of equity mutual funds, to be successfully completed. However, with recent changes by SEBI, the redemption cycle has shortened and is expected to become even shorter in the future. Read on…

After a volatile start to the year, a sharp rally in the Indian equity market in the last three months has taken key indices such as the S&P BSE Sensex and the Nifty 50 index to their all-time high levels. The S&P BSE Sensex is now trading above the 66,000 mark, while the Nifty 50…