Many individuals, especially parents, wish to safeguard their children’s future by amassing the funds needed to meet their goals, such as higher education and wedding expenditures. For this, saving only in a bank account in the minor’s name will not suffice; instead, you have to consider investing in worthy avenues like mutual funds that may generate inflation-beating gains…
Investors often face the dilemma of which types of mutual funds to invest in for their long-term financial goals. Long-term goals can include financial objectives that need to be achieved over the next 5-10 years or beyond, such as retirement, children’s education/wedding, buying a house, etc. Since the tenure of investment is long, it is…
While the world is at the fingertips of millennials, thanks to fintech, that has undoubtedly made finance more approachable and relatable for this tech-savvy generation. However, after facing financial difficulties in the past few years due to growing uncertainties, rising inflation, and recessionary risks, the millennials have realised the necessity of having an investment plan in place.…
One of the crucial steps while managing your mutual fund portfolio is to timely check its overall health. Even if you have invested in some of the best mutual fund schemes (of the respective categories and sub-categories), a ‘buy-and-forget’ approach cannot be followed. Given that mutual fund investments are subject to market risk, the best-performing schemes of…
The Securities and Exchange Board of India (SEBI) is mulling the introduction of a performance-linked expense ratio for mutual funds. It has set up a working group to review the proposal. The expense ratio, or the total expense ratio (TER), is the fee mutual funds charge for managing various scheme-related expenses such as registrar and…
The other day while I was travelling, I overheard two college students discussing about the founder of the E-commerce giant Amazon – Mr Jeff Bezos. Now, since this e-commerce website is from where most of us shop online for our requirements, from electronic gadgets to apparels, I approached these students and asked them if I…
A large number of actively managed Large Cap Mutual Funds have underperformed their benchmark indices in the last few years. Meanwhile, Nifty Index Funds, i.e. the funds tracking the Nifty 50 index, have fared better. [Read: How Has the Year 2022 Been for Active Funds and Index Funds] In the last 5 years, Nifty Index Funds generated average returns of 11.7%…
Mutual Funds are one of the popular investment choices of many investors. Mutual fund investment related ads/commercials declare a statement that “Mutual Funds are subject to market risk. Please read the offer document carefully”. Ever questioned what a ‘offer document’ is or why it’s crucial when investing in mutual funds? For the launch of a…
The Association of Mutual Funds in India (AMFI) issued a circular dated April 21, 2023, which has slightly revised the existing best-practice guidelines for the Transfer of AUM from one MF Distributor (ARN-holder) to another based on the recommendations of AMFI’s Standing Committee on Certified Distributors (ARN Committee) and approval of the Board of AMFI.…
Systematic Investment Plans, also known as SIPs, have become one of the most popular modes of investing among individual investors. The SIP folios have touched 63.6 million as of March 2023 (versus 52.8 million in March 2022), SIP contributions have risen to an all-time high of Rs 147.26 billion, and the SIP AUM (Assets Under…
