Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds. In this issue, we have analysed HDFC Top 100 Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. HDFC Top 100 Fund is a high conviction-driven Large Cap Mutual Fund that has emerged from a long bout of underperformance to gain back…
Investment in mutual funds is not as straightforward as it appears to be. If an investment decision is unplanned and ad hoc, it often leads investors to choose the wrong products and thus results in poor outcomes. This may entail taking a hit on the invested amount. In general, an investment mistake is a selection of…
The popular adage, “There is no such thing as a free lunch,” holds true even when it comes to investing in mutual funds. To run a mutual fund house and schemes, several costs are involved such as investment management fees, brokerage on buying and selling securities, registrar & transfer fees, custodian fees, legal fees, audit fees, sales…
Medium and long-term debt mutual funds generated muted returns in FY 2022-23 as the RBI undertook multiple rate hike actions during this period to tame inflation and support economic growth. Meanwhile, short term debt mutual funds such as Liquid Funds and Ultra Short Duration Funds fared better. This is because when interest rates rise, the prices of bonds fall. The…
The Finance Bill 2023 amended the debt mutual fund taxation rule by removing the indexation benefit in case of long term capital gains on these funds. This rule applies to all mutual fund schemes, including Gold Funds and International Funds, that invest less than 35% of their assets in domestic equities. As a result, if…
Mutual Funds help you in wealth creation and work towards achieving your financial goals; this makes them one of the most buzzing investment options. One of the biggest advantages of mutual funds is that they are tax-efficient investment vehicles. You benefit from expert money management and tax-efficient returns when you invest in mutual funds. You might,…
If you are an investor with a high risk appetite and are looking to multiply wealth at a greater pace, then Small Cap Funds are a good fit for your portfolio. The trailing P/E of the Nifty Smallcap 250 index is currently at around 17x — down from the COVID-19 peak — while the MSCI…
You all may have some investment in gold in form of jewellery. After all, gold is considered one of the most valuable precious metals in the world, and it continues to be a popular investment for ages. Gold’s eternal value has appealed to many individuals since time immemorial. It is regarded as a safe haven,…
As you may be aware, with the passage of the Finance Bill 2023, the taxation of debt mutual funds (that invest less than 35% of their assets or portfolio allocation in direct Indian equities) changed with effect from April 1, 2023. The new tax rule also became applicable to gold mutual funds — Gold ETFs…
A common challenge that many of us face is that there is no one-size-fits-all method for investing your hard-earned money to achieve your financial goals. You should be aware that asset allocation changes according to the life stages of an investor. It is different for a young investor as compared to a middle-aged or older…
