Is luxury losing its luster? How status symbols became commonplace

Is luxury losing its luster? How status symbols became commonplace

There was a time not so long ago when luxury handbags made the loudest status statement. If you wanted to claim that you have arrived, without really using words to that effect, one just bought a luxury handbag, the cost of which onlookers could only guess would go into a few lakhs. Things have evolved … Read more

Best mutual funds: Top performing schemes across categories of large cap, mid cap & small cap – should you invest?

Best mutual funds: Top performing schemes across categories of large cap, mid cap & small cap – should you invest?

If you are a retail investor and are exploring multiple mutual fund schemes to invest into, you are likely to examine the past returns delivered by the schemes across categories. Although the past returns do not guarantee a scheme’s future returns, they are still considered too important to be ignored. Here we scan through a … Read more

Magic of compounding: ₹1 lakh invested in this mutual fund at the launch would have grown to ₹70 lakh

Magic of compounding: ₹1 lakh invested in this mutual fund at the launch would have grown to ₹70 lakh

Before you decide to invest in a mutual fund scheme, it is advisable to monitor its performance over a long period of time, say since the scheme was launched. And remember when the money remains invested in a mutual fund scheme over a period of time, the returns in the later years are disproportionately higher … Read more

Angry Young Men: Money lessons from Salim-Javed’s groundbreaking cinematic journey

Angry Young Men: Money lessons from Salim-Javed’s groundbreaking cinematic journey

Salman Khan Films, Excel Films and Tiger Baby Films have hit the jackpot with a three episode show about Salim-Javed and their finest partnerships in Bollywood! The show airs on Amazon Prime Video starting on August 20, 2024. When today’s reels generation sits down to watch Sholay that has a 204 minute runtime (198 minutes … Read more

Magic of compounding: ₹1 lakh investment in this mutual fund at launch would have grown to ₹6 lakh

Magic of compounding: ₹1 lakh investment in this mutual fund at launch would have grown to ₹6 lakh

When you make an investment in a mutual fund scheme, the return grows at a rate faster in the later years than in the earlier years. This happens primarily because of compounding. The compounding is so potent a tool that it is euphemistically known as ‘magic’ by some. From Ben Graham to Warren Buffett, all … Read more

Passive mutual funds’ AUM touches ₹10 lakh crore with 17% market share, equity claims 88% of net inflows

Passive mutual funds’ AUM touches ₹10 lakh crore with 17% market share, equity claims 88% of net inflows

The mutual fund industry in India has witnessed a seven-fold growth in the past 10 years with the assets under management (AUM) growing from ₹8.3 lakh crore in December 2013 to ₹61.2 lakh crore in June 2024, a Motilal Oswal report for the quarter ending June 30, 2024, has revealed. The report ‘Where the Money … Read more

ICICI Direct’s Top Momentum Picks: NBCC, HPCL; sees 8% upside in 30 days

ICICI Direct’s Top Momentum Picks: NBCC, HPCL; sees 8% upside in 30 days

Equity benchmarks rebounded strongly as concerns about a US recession diminished, buoyed by the latest economic data. The Nifty index gained over half a percent in today’s trading session, following a 0.13 percent rise in the previous session and a 1.65 percent rally on Friday. ICICI Direct Technical Outlook – Nifty ICICI Direct’s technical analysis … Read more

How young professionals are finding new gigs to diversify their income

How young professionals are finding new gigs to diversify their income

With new skill-based gigs emerging as viable options for generating income, more young professionals are now seeking jobs they can do in their spare time. Here’s a look at how some are pursuing their passions while creating additional income streams. Organizing spaces Raina Jain, a 32-year-old finance professional based in Mumbai, has been balancing a … Read more

Independence Day 2024: Uncovering long-term growth opportunities in Indian investments

Independence Day 2024: Uncovering long-term growth opportunities in Indian investments

This Independence Day 2024 marks India’s 78th year as an independent nation, after earning a hard-won victory against the English forces in 1947. As we celebrate this momentous occasion by unfurling the tricolour, and proudly voicing the National Anthem, we must also consider how far the country has come, in its post-independence journey. For the … Read more