10,000 crore AUM is an important landmark for equity mutual fund schemes and Mirae Asset India Equity Fund has recently crossed this landmark. Popularity of this fund among Indian mutual fund investors comes on back of strong performance...Read More
Equity Savings Funds are a relatively new mutual fund product category. These are equity oriented hybrid funds similar to balanced funds, but the risk profile of these funds are more moderate (lower risk) compared to balanced funds. Balanced Funds...Read More
Different asset classes have different risk / return characteristics and give different returns in different market conditions. The chart below shows calendar year returns of different asset classes over the last 10 years; BSE 100 TRI is used as the proxy for equity, CRISIL Short term Bond Fund Index for debt and MCX Gold futures for Gold...Read More
Reliance Tax Saver Fund, which was one of the best performance ELSS a couple of years back, has slipped a bit in rankings based on short term performance, but in our view it still remains a good ELSS mutual fund for investors with long...Read More
A contemporary trend that has captured popular imagination, irrespective of age, is travelling. Social media is flooded with accounts of various places to travels, bloggers have been writing about their travelling experiences, and once in a while we even...Read More
ICICI Prudential Focused Bluechip Equity Fund has delivered outstanding risk adjusted performance relative to its peer set, ever since its launch in 2008. Even in the last one year, when equity market conditions have been difficult, ICICI Prudential...Read More
As part of SEBI’s directive on mutual fund scheme rationalization and re-classification, some new scheme categories have been created to help investors understand the investment characteristics of different mutual fund schemes...Read More
The dismay and the dejection at the face of an inability to convert a prospect to a client gets written at large in a financial services products advisor's face, which takes a toll on the entire day. Much to the chagrin...Read More
Whole Life plan provides life insurance cover for the entire life of a person or 100 years, which is less. Unlike fixed term plans or endowment policies, whole life insurance policies provide financial security throughout...Read More
In a previous article, we discussed that consistent performance should be one of the most important mutual fund selection criteria. Consistent performers aim to outperform the market and generate...Read More