Mutual funds

Best mutual funds: Large-cap schemes that delivered over 20 per cent returns in the past 5 years – should you invest?

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Best mutual funds: Large-cap schemes that delivered over 20 per cent returns in the past 5 years - should you invest?

Mutual fund investors tend to compare the returns delivered by different schemes before investing. Usually, retail investors compare the returns delivered by schemes in the same category before opting for one mutual fund scheme over another. It is worth noting that wealth advisors typically urge investors to make an investing decision based on an interplay … Read more

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

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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

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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

Should PMS investors switch to focused funds after new tax changes?

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Should PMS investors switch to focused funds after new tax changes?

Portfolio management services (PMS) are navigating new challenges after the Union Budget for 2024-25 increased tax on long-term capital gains (LTCG) and short-term capital gains (STCG). As stocks are held in the investor’s demat account in PMS, every buy and sell decision of the PMS manager has a tax impact for the investor, unlike a … Read more

Raksha Bandhan 2024: List of financial gifts you can give your sister this Rakhi

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Raksha Bandhan 2024: List of financial gifts you can give your sister this Rakhi

Rakhi 2024: Raksha Bandhan is a cherished Indian festival where sisters tie sacred ‘Rakhis’ around their brothers’ wrists. Brothers respond with various gifts, from cash and jewellery to smartphones and clothes. This year, elevate the tradition by choosing financial gifts that ensure your sister’s security and prosperity, offering more than just material items but a … Read more

NFO Alert: HDFC Mutual Fund launches Multi cap index fund. Should you invest?

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NFO Alert: HDFC Mutual Fund launches Multi cap index fund. Should you invest?

HDFC Mutual Fund has launched NIFTY500 Multicap 50:25:25 Index Fund which was opened for subscription on August 6 and will remain open till August 20. There are options of regular and direct plans with each plan offering growth options only. This index comprises all companies that are part of Nifty500 index with allocations to large cap, mid … Read more

What’s stopping AMCs, insurers from entering remote markets like Kargil?

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What's stopping AMCs, insurers from entering remote markets like Kargil?

NEW DELHI : India had 162 million demat accounts as of June, and 93 million SIP (systematic investment plan) accounts as of July—a strong indicator of increasing financialization in the country. Still, there are places where terms like “Sensex” or “Nifty” are foreign to people. Kargil, in the Union territory of Ladakh, over 200 kilometres … Read more

How covid-19 losses prompted a plant manager to revisit his financial strategy

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How covid-19 losses prompted a plant manager to revisit his financial strategy

Known for his aggressive investments directly in stocks and small- and mid-cap mutual funds, Kumar is now seeking a more balanced and goal-oriented portfolio. “During the pandemic, my stock portfolio took a significant hit, and some of the stocks never fully recovered. I don’t want to face such a situation again as I work towards … Read more

How you can save 60% in taxes by selling listed bonds after 12 months

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How you can save 60% in taxes by selling listed bonds after 12 months

Fixed-income investments such as fixed deposit (FD) interest, bond interest, and debt mutual funds are typically taxed at the marginal rate (slab rate). The 2023 budget had abolished the benefit of long-term capital gains tax or LTCG for debt mutual funds. However, there’s a notable exception in the tax system for certain bond transactions. If … Read more

These fund houses show courage to launch NFOs while market is going bonkers; should you invest?

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These fund houses show courage to launch NFOs while market is going bonkers; should you invest?

While benchmark indices, the Nifty50 and the Sensex 30, witnessed a steep fall of around three per cent in a single trading session on Monday, several mutual fund houses, including HDFC Mutual Fund and ICICI Prudential Mutual Fund are set to launch their schemes. Here, we list out some of the mutual fund schemes that … Read more