Latest Saving, Investing & Mutual Fund Articles

SBI Large & Midcap Fund has completed 30 years. If you had invested Rs 1 lakh in SBI Large and Midcap Fund (erstwhile SBI Magnum Multiplier Fund) at the time of its inception in February 1993, your investment would have grown to Rs 58 lakhs (as on 27^th March 2023). Rs 10,000 monthly SIP in the scheme over the last 20...

Systematic Withdrawal Plan (SWP) and Systematic Transfer Plan (STP) are mutual fund facilities which offer solutions to different investment needs. SWP provides fixed cash-flows to investors. STP enables investors to transfer fixed amounts at regular intervals (e.g. weekly, monthly, etc.) from one scheme (usually low...

Target maturity funds are fast gaining popularity among investors in India. As per our Mutual Fund research, the total assets under management (AUM) of target maturity funds (as on 28^th February 2023) were more than Rs 2 lakh crores (source: fund factsheets, as on 28^th February 2023). Out of this, AUM of target maturity...

After retirement the main source of income for most people is from their investments. In India, a relatively small percentage of retired people have other sources of income e.g. pension, rental income etc. You need to have sufficient savings and investments, which generates enough income to meet your regular expenses after retirement...

Global equity markets turned volatile in 2022, due to high inflation, interest rate hikes by the central banks and the War in Ukraine. Most markets around the world went into the bear territory. The S&P 500 was down nearly 20%, NASDAQ down 33%, Hang Seng (Hong Kong) down 15%, DAX (Germany) down 12% and the Nikkei (Japan)...

The traditional paradigm of women taking care of homes and men taking care of money has changed over the last few decades with increasing participation of women in the workforce. In the early 50s, the percentage of working women in urban female population was around 12% and it rose to around 16% in 2018-19 (source: NSSO)...

Most investors select mutual fund schemes based on past returns, often recent returns e.g. last 1 year returns. However, looking at last 1 or 2 years returns can be misleading for debt funds. In this article, we will discuss why past returns can be misleading for debt investors. We will also discuss about a debt fund...

Many mutual fund investors may be familiar the term “Value Investing”. This term is often associated with the famous investor, Warren Buffet. However, the term value investing is not understood very well by many investors. In this article, we will discuss about value investing and value funds. Before we delve into value...

The profit made by a company from its operations is known as the operating profit or in accounting terms, EBITDA (Earnings before Interest, Depreciation and Amortization). From EBITDA, the company pays interest to its lenders. Depreciation and amortization, which are non-cash items, are also deducted from...

The Union Budget essentially is a statement of income and expenditure of the Government of India. The Budget has two components, the revenue budget and capital budget. In the revenue budget, tax (direct and indirect) and non tax revenues (e.g. dividends paid by CPSEs) are the source of income for the Government. The...