Average monthly SIP inflows in FY18 so far has been Rs 4636 crore, up 27 percent over the monthly average of Rs 3626 crore last year, according to data collated by the Association of Mutual Funds.
Currently, investors can enroll for SIP facility with weekly, fortnightly, monthly, quarterly, and annually only by choosing specified dates
The assets under management (AUM) of mutual fund industry rose from Rs 18.96 lakh crore at the end of June from Rs 19.97 lakh crore by the July-end, as per the data of Association of Mutual Funds in India (Amfi).
Interview with Sunil Singhania of Reliance Mutual Fund
SIPing before TIPing – why is this one of the biggest mistakes an investor can make.
The investment assistance project is piloting with 1,000 users and is expected to be introduced by end of the year or next year. The product will also have an option for users to invest directly through the portal in mutual funds under ELSS or book a SIP.
Mutual funds attributed the increased interest in SIPs to investor education and robust performance of equity schemes
Equity markets need much more attention than just clicking the button to complete the transaction.
Association of Mutual Funds in India (AMFI) reports a monthly inflow of US$ 650 mn through SIPs (Systematic Investment Plans) in March, reflecting the increased interest in recurring savings allocations.
Instead of investing in the last month of March an investor can start investing monthly to avoid last minute hassles. Not only this is very calming on nerves but also improve our chances of making more money.
Portfolio re-balancing should normally be an ongoing process, a function on one’s target portfolio and asset allocation.
Mahesh Patil of Birla Sun Life AMC sees companies with good earnings visibility to be a key to the market and domestic-focussed ones will see a pick up in results. He prefers consumer discretionary, NBFCs and metals from a long term perspective.
Vetri Subramaniam feels it is slightly dangerous to completely rely on earnings forecasts. He believes that the current market is a stock-picking one. Look for stocks with attractive valuations.
A detailed study by Karvy Stock Broking reveals that if somebody who would have invested just Rs 5,000 per month for the last 20 years in these five funds, you would have earned you more than Rs 1 crore now.
BNP Paribas Mutual Fund today said it is aiming to cross Rs 7,000 crore mark in average assets under management (AAUM) by the year-end from around Rs 6,000 crore now.
While comparing funds never compare large cap funds with mid cap funds.
A woman's financial plan must be aimed at creating long-term financial stability. Their emotional needs must be factored into the financial plan.
A SIP consists of a process whereby an investor invests a fixed sum of money each month usually into a mutual fund.
Not only you have to pick the right scheme but also keep reviewing its performance. Also keep adding to your SIP amount.
Gupta expects the AUMs to be driven by few large funds and also intends to compete in the balanced funds category. At the same time, the fund house is looking to scale up its fixed income business substantially
Fund houses are betting big on investments through systemic investment plan (SIP) to achieve the magical figure of Rs 20 trillion assets under management (AUM) for the industry by end of the current calendar year.
Investment advisors caution against putting fresh money in small and mid-cap funds given their high valuations and also due to concerns over liquidity.
The industry, comprising 43 active players, had an average assets under management (AUM) of over Rs 16.46 lakh crore at December-end, the latest data of the Association of Mutual Funds in India (AMFI) showed.
This article seeks to address the rumours of a three year holding period for eligibility under long term capital gains and how it will impact your investment math.