[ad_1] Why demat matters Years ago, investing was a paper-heavy affair. Share certificates were physical documents, and losing one meant a world of trouble. Then came dematerialisationâthe process of converting physical certificates into electronic records. This shift was a game-changer, offering investors security, convenience, and a streamlined way to manage their portfolios. Mutual funds followed…
[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 âš8.3 lakh crore in December 2013 to âš61.2 lakh crore in June 2024, a Motilal Oswal report for the quarter ending June 30, 2024, has revealed. The report âWhere the…
[ad_1] Portfolio management services (PMS) are navigating new challenges after the Union Budget for 2024-25 increased tax on long-term capital gains (LTCG) and short-term capital gains (STCG). As stocks are held in the investor’s demat account in PMS, every buy and sell decision of the PMS manager has a tax impact for the investor, unlike…
[ad_1] Upon spotting the trends for the mutual fund industry for the month of July, it is quite evident that increasingly a higher number of investors have started to invest in mutual fund schemes. Sample this: out of every five-rupee worth industry assets in the mutual fund universe, three are held by individual investors while…
[ad_1] Financial independence and early retirementâa dream for many may remain a distant dream for many more. Finsafe India’s State of Financial Wellbeing at Workplace Report 2024-25, a survey taken by 4,289 working professionals, shows that being unprepared for long-term monetary goals and job loss are among the top financial challenges. This is not surprising,…
[ad_1] New investors should be cautious as they invest in the financial markets since we are already half-way through the bull run. And a lot of sectors and stocks are trading at a very high premium to their P/E averages, says Jayesh Faria, Director, Regional Head, West, Motilal Oswal Private Wealth in an email interview with MintGenie. He…
[ad_1] Rakhi 2024: Raksha Bandhan is a cherished Indian festival where sisters tie sacred âRakhisâ around their brothers’ wrists. Brothers respond with various gifts, from cash and jewellery to smartphones and clothes. This year, elevate the tradition by choosing financial gifts that ensure your sisterâs security and prosperity, offering more than just material items but…
[ad_1] This domestic buying spree has helped the Nifty outperform its Asian peers, such as Nikkei 225, South Korea’s Kospi and Singapore’s Straits Times Index, amid global market jitters. Read this | Retail buying on 4 June pushes FY25 buys to levels seen in whole of FY24 In the month through 9 August, as FIIs…
[ad_1] HDFC Mutual Fund has launched NIFTY500 Multicap 50:25:25 Index Fund which was opened for subscription on August 6 and will remain open till August 20. There are options of regular and direct plans with each plan offering growth options only. This index comprises all companies that are part of Nifty500 index with allocations to large cap,…
[ad_1] NEW DELHI : India had 162 million demat accounts as of June, and 93 million SIP (systematic investment plan) accounts as of Julyâa strong indicator of increasing financialization in the country. Still, there are places where terms like âSensex” or âNifty” are foreign to people. Kargil, in the Union territory of Ladakh, over 200…
