Mutual Fund News
From clutter to clarity: How a Lucknow jeweller sorted his finances
Anurag Kesarwani transformed his financial portfolio by surrendering half of his insurance policies and investing in four direct mutual fund schemes through an RIA.
1 min read5 Dec 2024NFO Alert: SBI Mutual Fund launches Quant Fund — all you need to know
SBI Mutual Fund launched the SBI Quant Fund, an open-ended equity scheme focusing on long-term capital appreciation through quantitative analysis. The NFO is open until December 18, requiring a minimum investment of ₹5,000.
2 min read4 Dec 2024This 23-year-old distributor is making mutual funds ‘sahi’ for the hearing impaired
Six hearing-impaired people told Mint they’ve never come across a guide to mutual funds in sign language. Rahul Gala, perhaps India’s only hearing-impaired mutual fund distributor, is looking to change that.
5 min read3 Dec 2024Quant hires mutual fund industry outsider as next CEO
Set to join in April 2025, the new CEO is from a global financial conglomerate, a source said, as the mutual fund company looks to split its CEO and CIO functions.
2 min read3 Dec 2024Best Mutual Funds: These balanced advantage funds managed to beat the benchmark index in the past 5 years
Best Mutual Funds: These 5 balanced advantage funds including Baroda BNP Paribas Balanced Advantage Fund and Edelweiss Balanced Advantage Fund have managed to beat the benchmark index in the past five years
2 min read1 Dec 202415 NFOs lined up while the market is on a downswing. Should you invest now?
Some of the new sectoral/thematic funds rolled out by fund houses include Momentum Fund by Axis, Business Cycle fund by DSP, equity minimum variance fund by ICICI Prudential, active momentum fund by Union and select business groups fund by Tata AMC
2 min read28 Nov 2024Impact of Budget 2024 on Gold ETFs Vs Gold Fund of Funds
India’s cultural affinity for gold persists, evolving into digital forms like Gold ETFs and Fund of Funds. On Mint Money Shots, we discuss how Budget 2024 alters tax implications, with Gold ETFs benefiting from a shorter holding period for long-term status.
2 min read28 Nov 2024How to build a corpus of ₹1 cr in six years with an annual income of ₹20L
While a monthly SIP of ₹40,000 will need to stepped up by 35-40% every year. If you try to increase your SIP to ₹60,000 every month, you will just have to increase it annually by 20%.
2 min read27 Nov 2024Mutual funds: Amid market correction, experts upbeat about these sectors and themes
Retail investors can consider investing in infra, IT, pharma, and financial services. Investment advisors also recommend exploring value and large-cap funds, where valuations are still closer to historical averages.
2 min read27 Nov 2024Index Mutual Funds: From types to advantages; all you need to know
Mutual Funds: Index funds are passive investment vehicles that mirror benchmark indices, investing largely in their components. With ₹2.67 lakh crore in assets as of October 2024, they cater to investors seeking lower costs and stable returns, though tracking errors may occur.
4 min read27 Nov 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared