Mon, Jan 06, 2025
Retirement Planning: The benefit of starting to invest early and doing it for a long duration is that one can build a sizeable retirement corpus even if their investment amount is small.
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Power of Compounding: A systematic investment plan (SIP) is a popular way of investing in mutual fund schemes of choice, as it enables investors to direct their cash towards a desired equity-related scheme gradually. In this article, let's look at different scenarios to learn about the role time plays in compounding.
Thu, Jul 18, 2024
Top Sectoral Infra SIP Mutual Funds in 5 Years: The infra mutual fund category has soared by 70.43 per cent in one year, 33.71 per cent in three years, and 28.45 per cent in five years (As per Value Research data). The primary reason behind that is the rise of infrastructural companies because of the central government's focus on infrastructure. Many of the PSUs have witnessed exponential growth because of Centre's Make in India initiative.
Wed, Jul 17, 2024
SBI Mutual Fund House's equity linked saving scheme (ELSS) fund is known as SBI Long Term Equity Fund, while its large-cap mutual fund is known as SBI Bluechip Fund.
Mon, Jul 15, 2024
NSC has a five-year lock-in period with a 7.7 per cent interest rate compounded annually but payable at maturity. The minimum investment in the scheme is Rs 1,000, and in multiples of Rs 100. There is no maximum limit for investment.
Top SBI Mutual Funds: State Bank of India (SBI) Mutual Fund house is India's biggest asset management company (AMC) in terms of the asset base. It had Rs 9,13,780.06 crores as AUM as of March 31, 2024. It meant it held 17.11 per cent of the industry's AUM.
Wed, Jul 10, 2024
Shaily Gang, Head-Products, Tata Asset Management, says Wealth creation happens when capital is invested in a systematic manner vide SIPs or STPs into equity funds or even hybrid category funds and gets compounded over the phase where the individual is earning an income or accumulating wealth. During the harvesting phase or post-retirement, when there is a need for regular cash flows by the individual, SWP works very well.
Tue, Jul 09, 2024
Association of Mutual Funds in India (AMFI) on Tuesday (July 9, 2024) reported a record jump in SIP contributions. For June 2024, SIP contribution stood at an all-time high of Rs 21,262.22 crore. It was ahead of the SIP contribution of Rs 20,904.37 crore in May 2024.
NPS returns depend on equity exposure, which can be up to a maximum of 75 per cent, and the performance of the mutual fund the investor is contributing to. Here's a catch, even though NPS funds invest in equity, they can't take much risk with NPS account holders' money since it is meant for their retirement. So, fund managers of almost all NPS funds follow the Nifty50 index.
AMFI Data June 2024 News: In June, inflows into equity mutual funds in India witnessed a remarkable surge, climbing by 17 per cent on a month-on-month basis to a record Rs 40,608.2 crore, according to data released by the Association of Mutual Funds in India (AMFI).
NFO offer: Tata Nifty India Tourism Index Fund is open from July 8 to July 29. The minimum application amount during NFO for the fund is Rs 5,000 and in multiple of Rs 1 thereafter.
Fri, Jul 05, 2024
To avail a SWP plan, you make a one-time investment in a mutual fund and get a return on it, which the mutual fund house gives you back in the form of a monthly income. The advantage of a SWP mutual fund is that if your rate of withdrawal is much lower than your rate of return, you can get the monthly income for decades, and your fund will still keep growing.
Thu, Jul 04, 2024
SIP investment in mutual funds can be done through the basic financial planning rule of 50-30-20.
Top Value Oriented Mutual Funds: These funds invest in undervalued companies whose intrinsic value is much higher than their current market price. Fund managers do fundamental analysis of undervalued companies and invest the fund's money in them. The simple logic that works behind them is that these stocks are undervalued, and the market may take time to realise their potential. Once the market realises their true worth, the stock of these companies will rise and generate huge returns.
Tue, Jul 02, 2024
Senior Citizen Savings Scheme (SCSS), Atal Pension Yojana (APY), mutual fund systematic withdrawal plans (SWP), and mutual fund's Income Distribution cum Capital Withdrawal (IDCW) plans are some of the schemes that provide monthly income.
Mon, Jul 01, 2024
SBI PSU Mutual Fund has topped the category with 41.50 per cent annual SIP returns in the five-year period. The fund has assets under management (AUM) of Rs 3,071 crore, while its net asset value (NAV) is Rs 35.72. Started in January 2013, the fund has given 13.36 per cent return since its inception.
Sun, Jun 30, 2024
SIP calculator: To accumulate a big amount, you need to start SIP just after the birth of your girl child. Due to being market-linked, you will undoubtedly have some risk in SIP, but long term SIP can give you returns that are not possible with any other scheme. Experts consider the average long term return of Mutual Funds SIP to be 12 per cent. However, it can also be more than this sometimes.
Fri, Jun 28, 2024
Tax Saver Funds: ELSS mutual funds have a lock-in period of three years. ELSS deposits of up to Rs 1.50 lakh in a financial year are tax-exempt under Section 80C of the Income Tax Act.
Retirement Planning: The one who starts to invest early has an edge over a late starter when it comes to generate a large retirement corpus.
Wed, Jun 26, 2024
AMFI says small-cap mutual funds need to invest at least 65 per cent of their money in small-cap companies. Since these companies are in their growth stage, small-cap mutual funds may rise faster than large- and mid-cap mutual funds. But these mutual funds are also to fall first in a bearish market.
Tue, Jun 25, 2024
Top 7 Mid-cap SIP Mutual Funds in India: Mid-cap mutual funds invest most of their money in mid-cap firms. According to Association of Mutual Funds in India (AMFI), mid-cap companies are ranked from 101st to 250th in terms of market capitalisation.
SIP Returns: Investment instruments involving compound growth can increase you invested amount faster as time passes. A small amount, such as a Rs 2,000 monthly SIP, can grow into many crores in the long run.
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