As per SEBI’s directive, medium duration debt funds invest in debt and money market instruments such that the Macaulay Duration of the scheme portfolio is between 3 years to 4 years. Regular Advisorkhoj readers know that prices of debt securities have an inverse relationship with interest rate movement. When interest rate goes...Read More
Franklin Templeton MF has launched a new diversified equity fund, Franklin India Multi Cap Fund. The New Fund Offer opened for subscription on 8th July and will close on 22nd July 2024. This open ended equity mutual fund scheme will invest in all three market cap segments, large cap, midcap and small cap, with minimum...Read More
Life insurance is essential for our financial security. However, life insurance as a financial product, popular as it may be, is still widely misunderstood due to the general lack of financial literacy and widespread misselling...Read More
For this assessment year (FY 2020-21 / AY 2021-22), the Government has provided investors the option of sticking to the current income tax rates (as per their income slabs) and claiming exemption like Section 80C, 80D, HRA etc. or moving to the new tax regime with lower tax rates for incomes below Rs 15 lakhs but giving up most of the...Read More
Conservative Hybrid Funds, formerly also popularly known as Monthly Income Plans, are a sub-category of hybrid mutual funds, which invest 10 – 25% of their assets in equity and equity related securities and the balance in debt securities...Read More
AssetPlus, a leading fintech platform for Mutual Fund Distributors (MFDs) in India, is celebrating a phenomenal milestone – surpassing 10,000+ empaneled partners! This achievement signifies AssetPlus's unwavering commitment to empowering MFDs and their clients in the ever-evolving wealth management landscape...Read More
When I was in middle school in the mid eighties, I remember that, for many months the headline dominating the newspaper front pages, related to the subject of bank computerization. The banking industry was crippled...Read More
We are getting busier in our careers. I started in 1996, and every year my responsibilities and work load has been increasing. Competition in business is increasing, and unless we work harder and smarter, we...Read More
It is said that an intrinsic characteristic of an Indian is to worry about the rising prices of the gold, even if one does not want to buy even a gram in distant future. For us, Gold has been the quintessential investment...Read More
Nippon Life India Asset Management has launched Nippon India ETF Nifty CPSE Bond Plus SDL – 2024 Maturity. It is an open ended exchange traded fund (ETF) which will invest in constituents of Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index. The New Fund Offer (NFO) which opens on 3rd November 2020 and closes on 9th November...Read More