The latest Association of Mutual Funds of India (AMFI) numbers show an extraordinary spike in equity mutual fund inflows of up to ₹34,697 crore in May 2024. This spike represents an 83.42 per cent gain over the previous month, setting a new industry high. Systematic investment plans (SIPs) saw ₹20,904 crore in investments in May, … Read more
Investment is one such goal that makes the journey of life interesting. Investment is an asset acquired with the goal of generating income or appreciation. Appreciation increases in value over a period of time. Investment is made to create future wealth. When a child is born, learning is gradual. Recognition with senses, reciprocation with gestures, … Read more
Among several disclosures, he also disclosed his total assets amounting to ₹20 crore. He has ₹9.24 crore in movable assets, out of which ₹55,000 in cash, ₹26.25 lakh in bank deposits, ₹4.33 crore in bonds and shares, ₹3.81 crore in mutual funds, ₹15.21 lakh in gold bonds and ₹4.20 lakh in jewellery. We spoke to … Read more
William H “Bill” Gross stands out as a notable figure in the financial world, recognized for his accomplishments in the field of bond investments. He played a pivotal role in the establishment of Pacific Investment Management Company (PIMCO), a leading global investment firm with a focus on fixed-income investments. Given the moniker “Bond King”, Gross … Read more