[ad_1] If you are planning to invest in a mutual fund scheme, it is quite usual to evaluate the past returns of that scheme and compare the same with its rivals in the same category. Although past returns do not guarantee the future returns, they, however, give a sense of the schemeās potential to grow…
[ad_1] Ahead of Budget 2025, the Association of Mutual Funds in India (AMFI) has made a set of demands to favour the mutual fund industry. One key demand is to restore indexation benefits for debt mutual funds. Most of the other key expectations include addressing tax-related concerns. The mutual fund houses (represented through the AMFI)…
[ad_1] The Association of Mutual Funds in India (AMFI) recently laid out guidelines for front-running and fraudulent transactions. The AMFIās move, which comes nearly a month after SEBIās nudge in response to front-running allegations against Quant MF, is an attempt to tighten regulations for better transparency. Despite the market regulatorās proactive role, mutual fund investors…
[ad_1] Behind the polished facade of India’s banking industry, a concerning trend is emerging: a growing number of bank employees are selling mutual funds without the necessary qualifications, putting customers’ hard-earned money at risk.Ā To meet aggressive sales targets, branch managers are often pressured to push these products, even if their employees lack the required…
[ad_1] Tired of your mutual fund distributor ignoring your calls or providing subpar service? It’s time for a change. But unlike switching grocery stores, changing your mutual fund distributor (MFD) comes with a few complexities. If not done correctly, your old distributor will continue to pocket commissions from your holdings. Here’s how to ensure that…
[ad_1] Mutual fund investors tend to compare the returns delivered by different schemes before investing. Usually, retail investors compare the returns delivered by schemes in the same category before opting for one mutual fund scheme over another. It is worth noting that wealth advisors typically urge investors to make an investing decision based on an…
[ad_1] The mutual fund industry in India has witnessed a seven-fold growth in the past 10 years with the assets under management (AUM) growing from ā¹8.3 lakh crore in December 2013 to ā¹61.2 lakh crore in June 2024, a Motilal Oswal report for the quarter ending June 30, 2024, has revealed. The report āWhere the…
[ad_1] Adani Enterprises, Adani Power, Apollo Hospitals, Canara Bank, Divi’s Laboratories, IDBI Bank, Trent, and Jindal Steel are among the 14 remarkable performers that have transitioned from mid-cap to large-cap during this period. Indian Overseas Bank stands out as the only company to make the leap from small-cap to large-cap, epitomizing this trend. Read this…
[ad_1] NEW DELHI : India had 162 million demat accounts as of June, and 93 million SIP (systematic investment plan) accounts as of Julyāa strong indicator of increasing financialization in the country. Still, there are places where terms like āSensex” or āNifty” are foreign to people. Kargil, in the Union territory of Ladakh, over 200…
