The year 2022 put gold under a bright spot. The precious yellow metal displayed its trait of being a safe haven, a hedge, and a store of value in times when we all have been witness to Russia’s invasion of Ukraine, mounting geopolitical tensions, energy crisis, spiralling inflation (also called rising cost of living), central banks monetary…
The Ministry of Finance on Thursday announced that the subscription for Series III of the Sovereign Gold Bond Scheme 2022-23 will open on December 19, 2022, i.e., today. The subscription will remain active until December 23. The bonds will be settled on December 27. The issue price of the SGB 2022-23 Series III has been…
Small Cap Mutual Funds are high risk – high return equity mutual funds. Investment in Small Cap mutual funds is associated with higher risk levels compared to mid-cap and large-cap funds as they invest in lesser-known and under-researched companies. Over the short and medium Small Cap Funds, they can witness intense volatility and higher downside, particularly during…
The year 2022 has been a difficult year for global equity markets. With the risk-off trade largely playing out all around the year, major global equity indices struggled. But despite the challenging situation, particularly in the first half of 2022 (with COVID-19 cases, Russia’s invasion of Ukraine, the supply chain disruptions, inflation spiralling, and then…
As the financial year 2022-23 draws to a close, it is better to have your tax saving plan in place if you have not already done so. Equity-Linked Saving Scheme (ELSS), also known as Tax Saving Mutual Fund, is one of the most worthy avenues for tax-saving and wealth creation. These funds have the flexibility…
The Indian economy in 2022 has witnessed a roller coaster ride of events from the Russia-Ukraine war with its effect on global supply chains to skyrocketing inflation which has led to rising interest rates; all this has also had a significant impact on the Indian markets. The prevailing year has not been easy for investors,…
Investments in debt market generally have reduced volatility over longer tenures compared to equity markets. Long-duration investment can offer market-linked returns with a competitive alternative to traditional annuity products. However, long-duration debt funds are sensitive to changes in the interest rate and are more volatile than other categories of debt funds. Investors who are comfortable…
Investment in Equity Linked Savings Scheme (ELSS) is an ideal stepping stone for many novice investors to enter the equity market. As compared to traditional investment options, ELSS offers higher returns. According to the capital market regulator SEBI, with effect from July 1, 2022, mutual fund houses may introduce Passive ELSS funds. IIFL Mutual Fund…
Are you looking for the best equity mutual funds for SIPs in 2023 or top-performing SIPs in India today? Yes? Well before I reveal the list of the best SIPs to you, allow me to give you a backdrop of how the year 2022 has been, and then tell you how the year 2023 is…
The Central Public Sector Enterprises (CPSEs) were allowed to invest their surplus funds in SEBI regulated public sector mutual funds only, where the government holds >50% stake. Surplus funds refer to funds still available with CPSEs after meeting the business requirements, including operating expenses, tax payment, working capital, debt servicing, and capital expenditure. The original…
