As a result, you should stay true to wealth creation instead of getting carried away with the flow. Here, we list out some of the key money lessons that each investor should be mindful of. In fiscal 2025, you may want to follow these money lessons to achieve your financial goals in the long term. …
The Association of Mutual Funds in India (Amfi) and Boston Consulting Group (BCG) published a report in August 2019 titled Unlocking the ₹100 Trillion Opportunity. The mutual fund (MF) industry had under ₹25 trillion of assets under management (AUM) in July 2019. We have come a long way since then. The industry’s AUM has more …
Mutual fund (MF) investors in the country are spoilt for choice. There are 1,500-odd MF schemes that vie for investor attention. So, after making the right choice, what happens to the MF units that you buy? Read on. There are two ways to store your MF units— in a statement of account (SOA) with an …
MUMBAI: Undoubtedly, the current financial year has been a remarkable one for the little ninjas of Dalal Street – smallcap stocks – as we saw as many as 181 of them turning multibaggers. What’s worth noting is that more than 100 of these smallcap stocks went through a bad phase in the preceding financial year. …
I read that UAE-based NRIs (non-resident Indians) are able to claim taxation exemption on mutual fund investments made in India. I had invested in some mutual funds many years back when I was a resident. Will I also get the benefit of capital gains tax exemption in India? Or is it only applicable for mutual …
After four-five years of staying away from it, Parekh has invested in DSP Strategic Bond Fund, an actively-managed duration fund. The fund is currently invested in debt papers that are of eight-nine years duration, says Parekh in an interaction with Mint for the Guru Portfolio series. In this series, leaders in the financial services industry …
View Full Image Graphic: Paras Jain The index—Nifty Smallcap 250 Momentum Quality 100—has been created by National Stock Exchange (NSE) based on discussions with Mirae Asset MF. Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF—an exchange traded fund, or ETF—will aim to mimic the performance of the index, which will be reviewed and re-balanced …
It is an unprecedented move that is likely to open the flood gates for infusion of fresh funds by foreigners into India’s stock market. One of India’s leading asset management companies (AMCs)—HDFC AMC has secured approval to start six feeder funds in GIFT City (IFSC) that will in turn invest in its domestic mutual fund …
Free mutual fund platforms in India, such as Kuvera and MF Utilities, are gearing up for a change of avatar —They will soon be execution-only platforms, or EOPs. In the case of MF Utilities, the transition has already happened. Category 1 EOPs can receive a flat fee per transaction from asset management companies (AMCs), while …
December 31, 2023, is a significant deadline for individual mutual fund investors and demat account holders, as mandated by the Securities and Exchange Board of India (SEBI). It is mandatory for these account holders to either furnish nomination declarations or choose to opt out of nominations by this date. If investors fail to nominate their …