The total-return variant captures the value of dividends paid out by companies, and the price-return variant captures capital gains of companies in the index
The total return variant captures the value of dividends paid out by companies, while the price return variant captures capital gains of firms in an index.
Fund managers added as many as 9 stocks to their portfolio for the first time which include names like Orient Electric, followed by Amber Enterprises India, Galaxy Surfactants Ltd, Newgen Software, Emami Paper, Nath Bio-Genes, Apollo Micro, HOEC, and Pilani Investment.
The mutual fund (MF) industry has sought level playing field vis-a-vis the unit linked insurance plans (ULIP) after the imposition of the dividend distribution tax (DDT) and long-term capital gains tax (LTCG) in the budget, a top official of the industry body AMFI said.
All 40 schemes in the small cap category delivered negative returns in one month period ending February 9.
The changes come in the wake of SEBI guidelines on October 6.
There are many young people who keep a majority of their equity investments in large-cap funds
However, he said mutual fund is the right route for retail investors to participate in the capital markets.
SEBI said that auditors who have conducted audit of mutual fund for more than nine years may continue till the end of 2018-19
The name change is s per the new guidelines laid by the Securities and Exchange Board of India on Oct 6.
The scheme will be categorised as an open-ended hybrid scheme investing predominantly in equity and equity-related instruments
Many new investors suffer from this as they forget to keep the money in their bank account.
Product awareness campaigns by market participants and sustained backing from the regulator would motivate more retail investors to embrace direct plans.
In an interview to CNBC-TV18, Arun Sundaresan, Head of Product Management at Reliance Nippon Life Asset Management and Harshavardhan Roongta, Principal Financial Planner at Roongta Securities discussed investment options for the retired and those who are about to retire.
The fund house has revised the benchmark of all its schemes to the total return variant of the respective index.
A new investor needs to first invest in a SBI Mutual Fund scheme and then opt for this facility.
Bottomline, the policy statement has put a lid on to the markets ultra bearish imaginations and going forward global and domestic data points would be watched for by policymakers as also market participants.
Industry experts attributed the surge in assets under management (AUM) to 'aggressive' investor awareness campaign both at the individual player level as well as at industry level.
The inflows into equities have fallen in the month of January 2018 versus December 2017. Watch accompanying video of CNBC-TV18’s Prashant Nair for more details…
Time and again it is established that patience has more value than intelligence when it comes to investing
The open-ended equity scheme will invest at least 65 percent of its assets in equity and equity-related instruments diversified over various sectors.
Mutual funds that are holding around 8-10 percent cash level in their equity portfolio are likely to purchase shares of companies in capital goods, automobile, construction and financial services
Keep aside the seasoned investors, most investors do lose track of their portfolios, especially when the market is in a bull run.
Considering the fall is driven by global factors, investors should stay long in Indian markets
This facility is offered on open-ended funds with growth option