If you started a monthly SIP of र 5,000 in SBI Magnum Midcap Fund 10 years back, by now you would have accumulated a corpus of over र 16.4 lakhs (as of end June 2016). The annualized SIP return of this midcap equity mutual fund over the last 10 years is...Read More
Today’s senior citizens definitely have more savings and investments compared to their parents, when they were retired, but the cost of living has multiplied manifold. Many of today’s retirees, unlike their...Read More
Balanced funds have been around in India for nearly two decades and Birla Sunlife 95 is one of the oldest schemes with one of the best track record of performance in this category. Balanced funds are essentially...Read More
A vast majority of risk averse investors prefer bank fixed deposits to debt mutual fund schemes. Perception of risk and lack of financial awareness are the contributing factors. For investors who are willing to sacrifice...Read More
Mutual Fund Systematic Investment Plans or SIPs were introduced in India way back in 1993 by Franklin Templeton Mutual Fund. Since then investing through SIPs have come a long way and it is now the preferred way of investing in mutual...Read More
When picking a mutual fund for your investment consistent performance should be one of the most important selection criteria. While investors should invest in mutual funds with a long time horizon to create wealth...Read More
It is very hard to let go off the fixed deposits, especially when the interest rates are as high as 9.5%, close to a double digit. An investor might think it is even foolish to consider Debt funds in such a scenario because...Read More
There are many investment options that plague an investor. Wealth management keeps getting increasingly cumbersome with a wide array of investment products. It is at these times that your advisor would probably suggest allocating...Read More
Most of us keep our surplus cash lying in our savings bank account. It is safe and convenient, if we need to use the money on a frequent basis. However, we should, from time to time, take a look at our savings bank statement and ask ourselves...Read More
Debt mutual funds offer a large variety of products that cater to a wide spectrum of investment needs, risk profiles and interest rate scenarios. While bank fixed deposit is almost an automatic choice for most retail investors as far as short...Read More