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'Starting a SIP is just the first step. You also have to ensure that your SIPs keep up with your increasing income & inflation. Step-up SIPs increase your SIP contributions every year automatically & help you to build a bigger corpus.'
'Starting a SIP is just the first step. You also have to ensure that your SIPs keep up with your increasing income & inflation. Step-up SIPs increase your SIP contributions every year automatically & help you to build a bigger corpus.'

Zerodha launches Step-up SIP option

A small sum invested every month through SIP will not enable you to achieve your big goals in future.

The NFO of SBI Retirement Benefit Fund is open and will close on February 3, 2021. (Photo: iStock)
The 30-share BSE Sensex advanced to an all time high of 44,601.63, during the day, before ending up 1% or 445.87 points up 44523.02.mint (MINT_PRINT)
The 30-share BSE Sensex advanced to an all time high of 44,601.63, during the day, before ending up 1% or 445.87 points up 44523.02.mint (MINT_PRINT)

BSE launches StAR MF Plus to connect with distributors, AMC, clients

Stock exchange BSE on Monday announced the launch of StAR MF Plus, a premium platform with key features for distributors and their clients. StAR MF Plus will offer complete front office, order management, analytics, back office and business support solutions, the exchange said in a statement.

Experts said this may result in investors getting most of their money back. (Photo: Mint)
Currently, long term capital gains on sale of any equity oriented mutual funds schemes and listed equity shares is exempt to the extent of  ₹One lakh every year and beyond one lakh rupees, it is taxed at a flat rate of 10%. Photo: iStock
Currently, long term capital gains on sale of any equity oriented mutual funds schemes and listed equity shares is exempt to the extent of One lakh every year and beyond one lakh rupees, it is taxed at a flat rate of 10%. Photo: iStock

What will be the tax implications on mutual fund returns after 10 years?

Will the money received from my life insurance and equity mutual funds be taxable in my hands after 10 years?

ICCI Pru AMC launched ICICI Prudential ESG Fund in October 2020 and Kotak AMC launched Kotak ESG Opportunities Fund in December 2020.
Total cumulative gross exposure through equity, debt and derivatives was capped at 100% of scheme assets (MINT_PRINT)
Total cumulative gross exposure through equity, debt and derivatives was capped at 100% of scheme assets (MINT_PRINT)

Sebi excludes hedging from commodity derivative limit

In May 2019, Sebi allowed mutual funds to take exposure to Exchange Traded Commodity Derivatives (ETCDs) up to 30% of scheme assets in the multi asset category and 10% in any other category

The scheme seeks to reduce the volatility by diversifying the assets across equity and fixed income. The Fund will be managed by Aniruddha Naha (for equity investments), Kumaresh Ramakrishnan (for debt and money market investments) and Anandha Padmanabhan (for overseas investments). (Photo: iStock)
The scheme seeks to reduce the volatility by diversifying the assets across equity and fixed income. The Fund will be managed by Aniruddha Naha (for equity investments), Kumaresh Ramakrishnan (for debt and money market investments) and Anandha Padmanabhan (for overseas investments). (Photo: iStock)

PGIM India Mutual Fund launches 'Balanced Advantage Fund'

The NFO of PGIM India Balanced Advantage Fund will open for subscription on January 15 and will close on January 29, 2021.

Consider adding short duration or corporate bond funds to your portfolio as your SIP size increases (Mint)
Consider adding short duration or corporate bond funds to your portfolio as your SIP size increases (Mint)

Limit your exposure to mid- and small-caps

Aim at a maximum of eight to 12 funds and don’t allow individual funds to account for more than 25% of your overall investment.

Photo: iStock
Photo: Mint
Photo: Mint

Why India’s bond market sticks out like a sore thumb

In 2020, India stood out with $13.7 billion worth of outflows from its bond market even as most of its Asian peers saw record inflows. The country’s equity market continues to see record dollar inflows but foreign investors are still exiting bonds. Mint takes a deep dive.

Photo: iStock
Monthly SIP inflows also rose to 8,418 crore in December from  ₹7,302 crore in November. (Photo: Mint)
Buy Covid-sensitive bonds on recovery prospects: BlackRock (REUTERS)
In October, Sebi amended AIF regulations that provided for shared responsibilities for the members of the investment committee (IC) with the investment manager. (Reuters)
Kotak Mahindra Asset Management Company Limited (KMAMC)  is a wholly-owned subsidiary of Kotak Mahindra Bank Limited (Kotak).
Debt mutual funds in India have long struggled with the problem of being unable to explicitly guarantee returns
Union Minister of State for Finance Anurag Thakur speaks as Union Finance Minister Nirmala Sitharaman wearing a face mask looks on, as he announce the government's economic package to fight the coronavirus pandemic. (PTI)
Union Minister of State for Finance Anurag Thakur speaks as Union Finance Minister Nirmala Sitharaman wearing a face mask looks on, as he announce the government's economic package to fight the coronavirus pandemic. (PTI)

FPI inflows in Indian equities highest among emerging markets: Anurag Thakur

  • Noting that global investors have pumped in 1.6 lakh crore in Indian equities in 2020, Anurag Thakur, Minister of State, Finance and Corporate Affairs, said that it's highest among the emerging markets. In fact, India is the only country that saw inflows from FIIs among all the emerging markets.

3d render of computer keyboard with MUTUAL FUNDS button (istockphoto)
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