The company, with assets under management of around Rs 58,500 crore (as on November 30), also has plans to launch a couple of more products by the fiscal-end, a top company official said.
Marriage is the time one would like to indulge a bit. However, it is also the right time to take firm grip of your money matters. Here are some tips for newlyweds.
When it comes to containing downside, balanced funds are better positioned than most equity funds. Also they do not compromise much on the upside
Start saving and investing early in life and invest a significant chunk of your savings in equity mutual fund in the initial years with a long term view.
An average investor is bombarded with too much of information and that makes him commit some mistakes which spoils his money matters
Balanced funds are showing performance that is actually the envy of many. Investors need to realise the special conditions that have propelled this performance and the outlook ahead so that they have some realistic expectation from these schemes.
Most market experts believe that the equity market is set for much higher levels. However, the key is to remain invested over the long-term and the instrument of choice for retail investors - the balanced fund! That‘s the advice from our expert - Nimesh Shah, MD & CEO, ICICI Prudential AMC.
One should start investing in a balanced fund is what Harshvardhan Roongta advises.
If one is invested in a balanced fund, continuous monitoring is required. Since equities are a big part of balanced funds, the investment horizon must be more than a year at the very least.
In an interview to CNBC-TV18, Harsh Roongta of apnapaisa.com explained why repayment of debt is more important for a salaried professional than making fresh investments.
Indiabulls Mutual Fund hopes to garner about Rs 150-200 crore from its newly launched open-ended debt scheme, Indiabulls Income Fund, which opened for subscription last week.
Today choice is a problem - whether it is at the time of earning, spending, investing, or insuring. Likewise even while choosing a MF scheme; a plethora of choices often lures us to take inappropriate decisions. Financial expert Mehrab Irani tries to explain the cost price factor associated with a scheme to enable investor make prudent choice.
Harsh Roongta, CEO of apnapaisa.com answered investor query with regard to personal finance on CNBC-TV18. Checkout his comments.
If you are a conservative investor and still want to take advantage of equity market- Monthly Income Plan might be just the one for you … With the rising interest, negligible risk and tax efficiency MIP has caught the fancy of the investors in current market environment.
GEPL has presented a report giving a detailed analysis of working of Mutual fund industry vis-à-vis Equity and Debt market.