Many investors still think of mutual funds as a way of investing in equities. As per AMFI, nearly 70% of retail and HNI assets were invested in equity funds in August 2020. However, mutual funds offer investment solution for a variety of investment needs for investors in all age groups. You can invest in mutual funds to park money for...Read More
Principal Mutual Fund has launched a large cap fund NFO. As per SEBI’s mandate large cap funds need to invest at least 80% of their assets in the Top 100 companies by market capitalization. Principal Large Cap Fund will invest 80 – 85% of its assets in Indian large cap companies. The scheme will also invest up to 15% in 500 large cap...Read More
With bank deposit interest rates on a declining trend, investor interest in debt mutual funds has been rising over the past few years. Debt funds not only provide diversification benefits and relative stability to your investment portfolio, they are more tax efficient compared to the traditional fixed income investment options like Bank FDs...Read More
Children’s future is the most important concern for all parents. Child’s higher education, career and marriage are among the most important milestones of the life-stage of investors. With growing economic opportunities in the country, aspirations are also changing compared to what it was one or two generations back. In the past, parents...Read More
Dynamic asset allocation funds or Balanced Advantage Funds are a type of hybrid mutual funds. Hybrid mutual funds invest in multiple asset classes e.g. equity, fixed income etc. These schemes work on the principle of asset allocation, a strategy to balance risk and returns by investing in different asset classes. These funds have a...Read More
Financial advisor is a person who help investors in undertaking investmentdecisions to achieve a desired goal. There are generally 2 types of financial advisors – mutual fund distributors and registered investment advisors (RIAs). Mutual fund distributors are registered with AMFI and sell mutual fund products to investors. They get a...Read More
Axis Mutual Fund is launching a New Fund Offer (NFO) which will invest in global equities. The NFO is a fund of fund investing in Schroder International Selection Fund Global Equity Alpha. Schroder is one of the leading Asset Management Companies (AMC) of the world. The underlying fund, Schroder International Selection Fund...Read More
As per SEBI guidelines, focused equity funds is a category of mutual fund schemes where each scheme is focused on a few stocks – the maximum number of stocks a focused equity fund can invest in is 30. These schemes are less diversified than schemes which invest in a larger number of stocks and thus have higher...Read More
Principal Equity Savings Fund is an open ended hybrid equity oriented mutual fund scheme. The scheme was launched in May 2002. From a taxation standpoint, this fund is treated like an equity fund scheme. Long term capital gains (holding period of more than 12 months) in this fund is tax free. Short term capital gains are taxed at 15%. The...Read More
Debt mutual funds invest in a variety of fixed income securities like treasury bills, commercial papers, certificates of deposit, corporate bonds and government bonds, primarily with the objective of generating income for investors. Almost all fixed income securities have a specified maturity period. They pay periodic (e.g. quarterly, yearly...Read More