Archive For The “Fund” Category

Will these mutual funds help me to fund my child’s education, marriage

By |

Will these mutual funds help me to fund my child’s education, marriage

I am 30 years old. My goals are as follows: For child’s higher education: Rs 60 to 70 lakhs after 20 years. For child’s marriage: Rs 1.5 crore after 25 years. For my retirement: Rs 2 crore after 30 years. My current investment are: PPF: Rs 3.5 lakh Reliance Retirement Fund – Wealth Creation Scheme-Growth ★★★★★…

Read more »

Mutual fund managers are bullish on small and mid caps; should you invest?

By |

Mutual fund managers are bullish on small and mid caps; should you invest?

Many market pundits may be writing off mid cap and small cap segments, but some mutual fund managers believe that time is ripe to invest in mid cap and small cap mutual fund schemes. “We are bullish on small and mid caps. There are many small and mid caps which have become very attractive, even more than large caps….

Read more »

Five-year mutual fund returns fall below PPF’s, but all is not lost

By |

Five-year mutual fund returns fall below PPF’s, but all is not lost

The economic slowdown, which has been gathering pace since the start of 2018, has now come to bite mutual fund returns. Key equity mutual fund categories have delivered lower returns than the Public Provident Fund (PPF), a risk- and tax-free debt instrument, in the last five years, even as more and more people are now…

Read more »

Filters to apply before exiting an underperforming mutual fund

By |

Filters to apply before exiting an underperforming mutual fund

Investments in actively managed mutual funds meant for the long term may sometimes warrant a second look and even a change. So when do you exit a mutual fund scheme and replace it with another? If the suitability of the scheme in terms of risk given the investor’s need for growth, stability and liquidity is not an…

Read more »

Motilal Oswal Mutual launches 4 index funds

By |

Motilal Oswal Mutual launches 4 index funds

Motilal Oswal Asset Management Company has launched four passively managed index funds — Midcap 150 Index Fund, Nifty 500 Index Fund, Nifty Bank Index Fund and Nifty Small-cap 250 Index Fund. The new fund offer of all these funds will be open till August 30 and the cost of managing fees is low as it…

Read more »

Kotak Special Situations Fund gets commitments worth $1 billion

By |

Kotak Special Situations Fund gets commitments worth $1 billion

Kotak Special Situations Fund, which aims to invest in distressed assets, has reached its final close with total commitments of $1 billion ( ₹7,000 crore) from investors, a top executive said. The fund, launched in February 2019, is anchored by a $500 million commitment from sovereign wealth fund Abu Dhabi Investment Authority (ADIA). The fund will be managed…

Read more »

Australian, Canadian pension funds pledge $2 billion in NIIF

By |

Australian, Canadian pension funds pledge $2 billion in NIIF

The National Investment and Infrastructure Fund Ltd (NIIF) Tuesday said it has received commitments of about $2 billion from AustralianSuper, Australia’s largest superannuation and pension fund, and Ontario Teachers’ Pension Plan (Ontario Teachers’), one of Canada’s largest single-profession pension plans. These include commitments of $250 million each into NIIF’s master fund, and co-investment rights of…

Read more »

Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

By |

Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

New Delhi: US-based Invesco-Oppenheimer Developing Markets Fund has agreed to pick up 11% stake in Zee Entertainment Enterprises Ltd (ZEEL), the flagship media company of Subhash Chandra’s Essel Group. The stake sale will be for a total consideration value of up to ₹4,224 crore, the company said in a press statement. The proceeds from the stake sale will go…

Read more »

Why arbitrage mutual funds are becoming attractive

By |

Why arbitrage mutual funds are becoming attractive

They are an alternative to short-term debt funds offering better tax efficiency Arbitrage mutual funds, which are considered an alternative to short-term investment options such as liquid and ultra-short-duration funds, have been attracting investors’ attention of late. Data compiled from the Association of Mutual Funds in India show that assets under management (AUM) of arbitrage…

Read more »

Fund of Funds is a better fit for DIY investors

By |

Fund of Funds is a better fit for DIY investors

The budget had nothing much for mutual funds to talk about. But there is one provision that is likely to bring some cheer to a certain category of mutual funds—the fund of funds (FoF). FoFs are mutual fund schemes that invest in other mutual fund schemes. In other words, the scheme does not hold shares or bonds…

Read more »

Millennials almost half of new mutual fund investors in FY19

By |

Millennials almost half of new mutual fund investors in FY19

NEW DELHI: More and more millennials are taking to mutual fund investing and are letting their corpuses grow by holding them over long terms. According to data from Computer Age Management Services (Cams), a transfer agency which services 68% of MFs in India, of the 3.6 million new MF investors it onboarded in FY18-19, 47% (1.7 million) were…

Read more »

Lightspeed: The fund that bets on getting in early

By |

Lightspeed: The fund that bets on getting in early

When Lightspeed India Partners set up its first India fund, worth $135 million (₹926 crore), in 2015, it had already had a taste of the potential of Indian startups. Beginning with a $7 million (₹48 crore) investment in online tutorial Tutorvista in 2006, the US-based Lightspeed Venture Partners had zeroed in on future unicorn Oyo…

Read more »

50 hand-picked mutual funds to build your portfolio

By |

50 hand-picked mutual funds to build your portfolio

To rank mutual funds simply by highest past returns is an easy exercise and one that is likely to find the most interest—after all, investors want high returns—but it is not something that needs as much attention as a deeper evaluation of the funds in your portfolio does. This involves looking at consistency of returns,…

Read more »

Is it the right time to buy gilt funds?

By |

Is it the right time to buy gilt funds?

In an environment where many debt fund categories are under pressure, gilt schemes have had a solid run over the past one year – delivering 11-18 per cent returns, a bit more in the case of direct plans. Even longer term performances over three and five years looks good, with many schemes turning in near…

Read more »