It makes sense to tactically invest in gold this Dussehra and be a smart investor. Based on your risk profile, consider allocating around 10% to 15% of your entire investment portfolio in gold.
Outgoing SEBI Chairman UK Sinha had said that mutual funds would be able to trade in commodities in a couple of months.
We hope that prudence and not populist measures will guide the Finance Minister.
In efforts to attract more young generation people and deepen the market, fund houses are turning to popular means such as selfies to complete the in-person verification, which otherwise entails lengthy paperwork, for Know Your Customer (KYC) requirements.
Union Budget 2016 can offer various tax incentives to mutual funds in order to expand financial inclusion programme.
Embracing technology can help investors to transact easily in mutual funds.
To attract retail investors, mutual fund houses are contemplating "robo" advisory route, wherein automated algorithm-based advice will be provided without human intervention.
The industry's equity assets under management (AUM) rose to Rs 3.64 lakh crore last month, from Rs 2.83 lakh crore in December 2014, according to Association of Mutual Funds in India (AMFI). In November, the asset base of equity MFs read Rs 3.62 lakh crore
Mutual Fund (MF) is an investment vehicle that pools funds from many entities for investing in securities such as stocks, bonds, money market instruments and similar assets.
Under the direct plan mode, investors can directly invest in mutual fund schemes without involving distributors or agents. They are required to visit fund house website and follow the process to invest in such schemes.
Amid brewing discontent in the mutual funds industry, capital market regulator Sebi is looking at concerns raised over the proposed one percent cap on upfront commission paid to agents for selling mutual fund schemes.
Budget should introduce long term measures to aid investments in the economy. Taxation structure too needs some major overhaul. Budget should bring in changes in mutual fund schemes' taxation.
One of the first idioms you learn in school, a wonderful line to teach us the value of humility. Big doesn‘t necessarily mean size, it also means stature or ego. If you are grounded, and continue doing the right things the right way, you will not have far to fall when things go awry.
The mutual fund industry lost more than 34 lakh investors, measured in terms of individual accounts or folios, in the first 11 months of fiscal 2012-13.