Retail investors are also wary of the market, with the SIP stoppage ratio, which is the ratio of the number of closed accounts to new accounts, at a 27-month high
Although most mutual fund investments are made using bank transfers or cheques, there was a small window for cash, which HDFC MF closed on January 30.
In comparison, an inflow of Rs 1.14 lakh crore through the route was registered in 2021 and Rs 97,000 crore in 2020, data with the Association of Mutual Funds in India (AMFI) showed.
The platform had contributed Rs 5,515 crore of mutual fund investments compared to the industry's net equity inflow of Rs 7,303 crore in December.
Equity Mutual Fund inflows rise 3-fold in December and SIP inflows hit a record for the third straight month. We decode the December AMFI data. Also, stocks in focus are Adani Ports, PC Jeweller and Bilcare.
Santosh Iyer, the newly-appointed MD and CEO of Mercedes-Benz India, had sparked a debate in November when he said that systematic investment plans (SIPs) are the luxury car brand’s biggest competitor in the country.
In December, equity mutual funds recorded a healthy inflow of Rs 10,895 crore, while in November, systematic investment plans (SIP) reached an all-time high of over Rs 13,306 crore
The SIP mandate can get cancelled if the SIP bounces for three consecutive months. PGIM Mutual Fund has recently given a leeway of four months before SIP cancellation. Make sure you have enough money in your bank account around your SIP dates.
From being buyers in the domestic equity markets, DIIs appear to be taking some money off the table as equity markets make record highs. Since the beginning of 2022, DIIs have been buying at an average of over Rs 35,000 crore every month. The pace has slowed down from June 2022.
But besides being the head of an investment and financial services firm, Radhika Gupta herself has often spoken out in favour of SIPs, even going on record to say that she would be opening one for her toddler son.
Nithin Kamath was responding to a statement made by Mercedes India sales and marketing head Santosh Iyer where he claimed that if the money saved for SIP was diverted toward the luxury car market, the business would improve tremendously.
‘Netflix competes with sleep. Now Mercedes complaints about SIP culture,” a Twitter user said.
Out of more than 235 equity diversified mutual fund schemes, 31 schemes are at least 25 years old. Some of these schemes have created significant wealth for investors who have been patient enough to stick around
Foreign investors have turned aggressive buyers of Indian equities but the market benchmarks seem relatively unmoved
Nikhil Kamath suggested an investment combination which can protect young investors from getting discouraged from the ups and downs in the market.
A Moneycontrol study reveals that investments in MC30 equity-oriented schemes have largely delivered better returns than the category and the benchmark returns over five-year periods. This also means that five years is the bare minimum that people should stay invested for
Most of us are familiar with the basic concept of an SIP and how it works -- but did you know that there are more types of SIPs than one? In fact, there are six kinds of SIPs which are available in the market today and each one of them has been created to fulfil a certain requirement. In this investor education initiative brought to you by Moneycontrol and Invesco Mutual Fund, we tell you all you need to know about these six types of SIPs and which one is best suited for you. Watch!
To earn bigger returns, investors have to bring more discipline to the way they invest.
The key to long-term wealth building is through regular and systematic savings. This can be accomplished by smaller amounts that systematic investment plans of mutual funds allow
Using technology and research, some online distributors and fund houses now offer variations to a SIP. Value SIPs (invest more when markets go up and vice-versa) and top-up SIPs allow you to periodically change your SIP amounts. The aim: to outperform the market.
While the equity portion in the aggressive hybrid funds helps to deliver better risk-adjusted return during equity market rallies, the debt portion helps to contain the losses in downturns. This eventually helps them to deliver balanced and better returns over the long term
Since financial markets are volatile, you have to assess if you are on track towards your financial goals. A few small tweaks can help you stay on track, when things appear off track.