January 25, 2018 02:29 PM IST
Investors can chose any preferred day for investment, except the 29th, 30th and 31st, under monthly or quarterly frequency
January 25, 2018 01:20 PM IST
Through Daily SIP, the fund house is trying to promote the habit of investing daily and the aim is to create wealth through investing daily with a minimum sum of Rs 300 across 22 working days
January 25, 2018 12:13 PM IST
The search for new schemes make investors typically pick the best performing schemes in the recent past. However it may not be the best approach.
January 24, 2018 02:09 PM IST
The monthly dividend record date for the open-ended equity scheme will be second last Thursday of every month.
January 24, 2018 01:56 PM IST
Unit holders who do not agree with the proposed changes can exit the scheme before Feb 25, without paying any exit load.
January 23, 2018 04:49 PM IST
HSBC Mutual Fund has also introduced the option to avail the systematic transfer plan and systematic encashment plan facilities on any date of the month or quarter
January 23, 2018 02:08 PM IST
ELSS funds can be likened to multi-cap funds. Similar to multi-cap funds, they invest in companies of all market capitalizations
January 23, 2018 01:13 PM IST
The scheme will be categorised as an aggressive hybrid fund, as against its current category of an open-ended equity-oriented fund.
January 23, 2018 01:01 PM IST
"I don’t think running away from the markets or bond funds because rates are going up is the right approach. Due to panic or fear, people have lost big opportunities in the past."
January 23, 2018 12:04 PM IST
Watch the interview of Lalit Nambiar of UTI MF with Prashant Nair and Ekta Batra of CNBC-TV18, where he shared his readings and outlook on the fundamentals of the market, and specific stocks and sectors.
January 22, 2018 11:01 AM IST
The expert believes that it would be prudent to tilt the portfolio towards largecaps, where valuations are slightly better.
January 20, 2018 08:41 AM IST
Morningstar’s research shows that 69 percent of largecap funds outperformed the S&P BSE 100 PRI over the last five years (i.e. based on 5-year CAGR as of December 29, 2017).
January 19, 2018 06:34 PM IST
Before working with DHFL Pramerica, he worked as Managing Director and CEO of Deutsche MF, which was acquired by DHFL Pramerica two years ago.
January 19, 2018 10:12 AM IST
There is room for more FII money to come in this year. So largecaps could do better as their relative valuations are better too, Mahesh Patil of Aditya Birla Sun Life AMC told CNBC-TV18.
January 18, 2018 03:09 PM IST
The fund house is betting big on general insurance companies and participated in most general insurance IPOs that got listed last year
January 18, 2018 02:56 PM IST
In an interview with CNBC-TV18, Sunil Subramaniam, CEO of Sundaram Mutual Fund discussed the mutual fund (MF) industry wish-list and their expectations from Budget 2018.
January 17, 2018 11:16 AM IST
Unit holders who do not agree with the changes will have the option to exit the scheme between Jan 18 and Feb 17, without paying any exit load.
January 16, 2018 09:29 PM IST
Equity and equity-oriented balanced mutual funds saw a net inflow of Rs.2,68,000 crore (USD 42 bn) in 2017
January 16, 2018 12:55 PM IST
As per the data released by Association of Mutual Funds in India or AMFI, of the total Rs 9.80 lakh crore of total equity assets, Rs 3.64 lakh crore has been contributed by Maharashtra.
January 15, 2018 02:42 PM IST
Mutual funds' assets under management (AUM) from B15 locations - small towns beyond top 15 (T15) cities - grew from Rs 2.81 lakh crore in November-end 2016 to Rs 4.1 lakh crore at the end of November 2017, according to latest data available with Association of Mutual Funds in India (Amfi).
January 14, 2018 11:05 AM IST
The total money garnered by fund houses through SIPs increased to over Rs 59,000 crore in 2017 as compared to about Rs 40,000 crore in 2016, Association of Mutual Funds in India (Amfi) data showed.
January 12, 2018 01:57 PM IST
AMFI has sought substantive changes from the FM in the GST implementation for MFs
January 12, 2018 01:21 PM IST
CNBC-TV18's Sonia Shenoy caught up with some of the brightest minds in the mutual fund industry at the launch of Anuj Shah's book -- Brightest Investment Minds and the consensus is that we are not in a bubble just yet.
January 11, 2018 06:17 PM IST
Mirae Asset is looking at launching passive investment products like exchange traded funds.
January 11, 2018 05:40 PM IST
Of these 28 suggested changes, 17 apply to direct taxes and 11 changes are with respect to indirect taxes, specifically GST.
