Archive For The “Fund” Category

Is my mutual fund portfolio appropriate to create wealth in 15 years?

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Is my mutual fund portfolio appropriate to create wealth in 15 years?

I am 35 years old. I have a medium risk appetite and want to create maximum wealth by investing Rs 20,000 per month for a period of 15 years. I also invest a lumpsum whenever I find an opportunity in the market. I am investing in the following mutual funds: HDFC Small Cap Fund: Rs 5,000…

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How concentrated is your mutual fund portfolio?

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How concentrated is your mutual fund portfolio?

Mutual fund schemes, typically, diversify across stocks and sectors. The idea behind diversification is that if some stocks and sectors do not do well, then others present in the portfolio that don’t fall by as much, prevent a downslide. But sometimes, fund managers follow a concentrated strategy either due to a scheme’s mandate or because…

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Your first mutual fund is most important: Know these things before investing

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Your first mutual fund is most important: Know these things before investing

Your first mutual fund should be simple and less risky in nature. As you would be new to the market, it will take time to understand the functioning, market moves, fundamental and technical aspects and some other important elements of the mutual fund. Pankaj Mathpal, MD, Optima Money Manager told Zee Business Online, ”Mutual fund…

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Find the best debt fund match for different needs

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Find the best debt fund match for different needs

More and more retail investors are now buying debt funds. Over 50% of the debt fund assets come from retail investors, according to data from the Association of Mutual Funds in India, and the number is growing. If you are looking to invest in debt funds but so far have only dealt with fixed deposits, you may find it overwhelming…

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GDP growth to propel mutual fund industry: George Heber Joseph, ITI Mutual Fund

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GDP growth to propel mutual fund industry: George Heber Joseph, ITI Mutual Fund

Escalation in GDP growth in the country is likely to propel mutual fund industry in the coming years despite a slow growth in 2018, according to George Heber Joseph, CEO and chief investment officer of ITI Mutual Fund. “With GDP expected to quadruple in the next ten years, the quantum of money flowing to financial assets particularly…

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Switch from regular to direct mutual funds easier

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Switch from regular to direct mutual funds easier

Franklin Templeton Asset Management (India) Pvt. Ltd, one of India’s top 10 mutual fund companies in terms of assets under management (AUM), has upended the industry by abolishing exit loads charged to investors switching from regular to direct plans of its open-ended funds. The decision, which will take effect from 9 May 2019, is likely to encourage a…

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Am I investing in right mutual fund schemes for my child?

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Am I investing in right mutual fund schemes for my child?

I have the following SIPs currently: Invesco India Contra Fund: Rs 500 SBI Magnum Multicap Fund: Rs 500 Mirrae Asset Emerging Bluechip Fund: Rs 1,000 Tata Equity P/E Fund: Rs 1,000 I am also planning to start the following SIPs this month: Kotak Standard Multicap Fund: Rs 1,000 Kotak Nifty ETF Fund: Rs 2,000 I…

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Investing in mutual funds? Size of fund doesn’t matter

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Investing in mutual funds? Size of fund doesn’t matter

The size of a mutual fund should not matter, and for the most part, it does not. However, this runs against a deep-set bias that investors have. When it comes to financial service providers (and many other businesses), customers like size. People seem to believe that a big shop, or a big retail chain or a big…

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Should I move to other mutual fund schemes?

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Should I move to other mutual fund schemes?

I am investing Rs 2,000 via SIP in each of the following funds.  ICICI Prudential Equity & Debt Fund – Direct Plan L&T India Value Fund – Direct Plan SBI Blue Chip Fund – Direct Plan L&T Emerging Businesses Fund – Direct Plan Axis Long Term Equity Fund – Direct Plan My focus is on wealth creation…

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Financial planners recommend new fund from Mirae Mutual Fund

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Financial planners recommend new fund from Mirae Mutual Fund

Consistent performance of the existing equity mutual fund schemes at Mirae has prompted financial planners to suggest the Mirae Asset Focused Fund to investors whose portfolios merit a focused strategy. The new fund offer (NFO) at Mirae is currently open and it closes on May 7. The fund will be managed by Gaurav Misra and investors can put in…

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DHFL funds breach Sebi’s group exposure limits

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DHFL funds breach Sebi’s group exposure limits

A key consequence of the debt market concerns surrounding groups like IL&FS, DHFL and Essel is that schemes exposed to these groups have seen significant outflows. As more liquid holdings were sold to meet redemption pressures, the share of relatively illiquid DHFL papers that they owned soared. So much so that they have crossed the limits prescribed…

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What India’s top three mutual funds bought and sold in March

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What India’s top three mutual funds bought and sold in March

Inflows into Indian equity mutual funds hit a five-month high in March, induced by the rally that recently lifted the $2.2 trillion stock market to a record. Stock funds took in about ₹118 billion ($1.7 billion), the highest since October, and more than double over the previous month, data from the Association of Mutual Funds in India show. Here’s…

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5 funds that outperformed the recent surge in Nifty returns

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5 funds that outperformed the recent surge in Nifty returns

Equity markets have seen a strong rally on the back of strong flows from foreign investors and hopes of the NDA-led coalition coming back to power. The Nifty has moved up from 10,488 on Dec 10, 2018 to 11,672 on April 9, gaining 11.7 per cent in the period. Funds that bet on banks and financial services managed to…

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Dhirendra Kumar’s top 3 multicap fund picks for new investors

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Dhirendra Kumar’s top 3 multicap fund picks for new investors

Let me just explain that the ETF inflows are not discretionary flows. It is a very programmed flow. It is a very designed thing because most of the money coming in these ETFs is from the NPAs as well as the EPFO. People salary gets deducted and 5% of that has to find its way…

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