Page 8 - Sip Mutual Funds

Full list: These are the top-performing equity mutual funds in August 2023

Among the Top 10 funds, the highest MoM rise was seen in Mirae Asset Mutual Fund (+3.5%) followed by Nippon India Mutual Fund (+3.1%), DSP Mutual Fund (+1.8%), HDFC Mutual Fund (+1.6%), and ICICI Prud

Managing rent, setting up investment strategy: Top personal finance stories

What tenants should ask from landlords in rent agreements; how to bring discipline in your market play. Our newsletter explains

Multi asset fund or aggresive hybrid fund: What should you pick and why?

Aggressive hybrid funds are those that invest maximum 65-80 percent in equities and the rest in debt, whereas Multi Asset Funds allocate their corpus across equity, debt, commodities, REITs

Shriram AMC's new multi-asset fund: Should you invest? All you need to know

The minimum allocation of 65% to equities allows investors in this fund to benefit from Long Term Capital Gains tax of 10%.

Women prefer equity funds, invest Rs 14,347 monthly, which is more than men

Eight Seven per cent of women opt for equity-oriented SIP investments, slightly below men at 89.9%.

Equity AUM touch Rs 20 trillion, Nippon India best performing fund in July

Among the Top 10 funds, the highest MoM rise was seen in Nippon India Mutual Fund (+6.5%) followed by ICICI Prudential Mutual Fund (+6.4%), HDFC Mutual Fund (+6.3%), DSP Mutual Fund (+5.1%)

If you are a first-time earner, where should you park you monthly savings?

Before you start investing, it is essential to cover the basics, i.e., emergency fund, term life insurance, and health insurance.

As a first time earner, here are your most ideal investment options

Unless you are good at building your own stock portfolio, it is advisable to invest through mutual funds or index ETFs.

Explained: What instant settlement cycle will mean for markets, investors

Instant settlement refers to the process where the transaction of buying or selling shares or units is processed and completed immediately

Adani Green, Adani Energy back in favour: What MFs bought and sold in June

Among large cap stocks, Adani Green, Adani Transmission, Adani Energy, Coal India, JSW Steel, Bajaj Auto, LIC were among the top ten purchases

Union MF expects 50% growth in AUM, to reach Rs 15,000 cr mark by March

Union Mutual Fund, which has been an also-ran since its launch in 2012, is on a growth path now and is looking at adding at least 50 per cent more to the AUM this fiscal, sniffing at Rs 15,000 crore by March. Despite having 22 funds (21 open-ended and one close-ended funds), the fund house sponsored by Union Bank of India and Japanese major Daiichi Life could not reach anywhere in the pecking order in the 43-player scattered industry that controls more than Rs 43 lakh crore of public money in its over 11 years of operations.. In the year to March 2023, it had an AUM of just Rs 9,853 crore across 4.96 lakh live folios from 21 cities. Daiichi picked a 39.64 per cent stake in the MF in May 2018. But in terms of its presence in small towns, Union MF does reasonably well with 32 per cent of the AUM coming in from the B30 (beyond top 30) cities and the rest from the T30 (top 30) cities. "As of June our AUM stood at Rs 10,700 crore, up from Rs 9,853 crore in March 2023. We hope to take th

Large-cap MFs, Index Funds to attract flows as markets pick pace: Analysts

Gross inflows into active equity mutual fund (MF) schemes dipped 34 per cent month-on-month (MoM) to Rs 25,400 crore in April

Silicon Valley Bank collapse: Banking sector mutual funds lost 6% in a week

Banking mutual funds have lost up to 6 per cent in the last week following the collapse of Silicon Valley Bank and Signature Bank that dented investors' sentiment in the banking and financial services space. The failure of the two US-based banks sent shockwaves across the global financial system and weakened the sentiments in the banking sector in India too, wherein shares took a beating and declined in the range of 3-13 per cent in the week under review. However, experts believe that the direct impact on the Indian banking sector was negligible to low. The incessant selling in the bank stocks is clearly reflected in the banking sector mutual funds, as evident from the short-term performance returns of the 16 schemes under the category. Of the 16 banking sector mutual funds, all of them have given negative returns to investors in the range of 1.6 per cent to 6 per cent in the week ended March 17, according to an analysis of data compiled by ACE MF Nxt. So far this year, these fund

SIP pie in MF AUM clocks fresh highs in February, shows Amfi data

Investors take a shine to the systematic investment route for equity investment

Equity mutual funds inflows hit 9-month high at Rs 15,685 crore in Feb

Equity mutual funds attracted Rs 15,685 crore in February, making it the highest net infusion in nine months despite significant volatility in the stock markets. This is higher than Rs 12,546 crore inflow seen in January and Rs 7,303 crore reported in December. February also saw the 24th straight month of inflows into equity-oriented mutual fund schemes, data with the Association of Mutual Funds in India (Amfi) showed on Friday. Backed by healthy inflow into equity funds, the mutual fund industry saw an inflow of Rs 9,575 crore in February. As per the data, the total net flows in equity schemes stood at Rs 15,685 crore. This was the highest level since May 2022, when equity funds attracted Rs 18,529 crore. Investors continue to invest in a disciplined manner, countering the volatility in stock markets arising out of Foreign Portfolio Investor (FPI) outflows, Gopal Kavalireddi, Head of Research at FYERS, said. Moreover, contribution from SIP (Systematic Investment Plan) has been .

Six easy steps to open an SIP online for those new to mutual funds

Systematic investment plans are a great way to invest in liquidity is an issue. What's more, they also reduce to impact of market volatility to some extent

Mutual fund growth reverses to mean after 2021 sprint, shows data

AUM growth down 63% on account of lower investor addition, market slowdown

SIP closure ratio surges to 51% in 2022 from 41% in 2021: Amfi data

Until end-November, 23 million new SIP accounts were registered, compared with 22 million during the same period in 2021 - a growth of 6 per cent

'Do not see any reason for SIP flows to change course significantly'

Investors can continue and add SIPs or STPs (spread over next six months rather than lump sum) into midcap funds, with a five year time horizon

Lump sum MF investments plunge in October as investors take SIP route

Flows down 64% from peak amid uncertain market conditions, valuation concerns