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It is only a matter of time before mutual funds become a preferred asset class compared to fixed deposits.
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An investment of Rs 1 lakh at inception would now have grown to a corpus of Rs 87 lakh, while a SIP of Rs 10,000/month would have grown to Rs 9.57 cr
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Of this, personal income tax refund stood at Rs 10,408 crore, while that of corporates was Rs 26,642 crore
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The new fund offer by Tata Mutual Fund opens on 16th July 2021 and closes on 30th July 2021
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The unique investor participation in the mutual fund industry stood at 2.39 crore holding around 10.25 crore folios across 1,554 mutual fund schemes
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Baby Doge Coin is a sequel to the Doge Coin, which rose multiple times after Tesla co-founder Elon Musk tweeted about the currency
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The pace and volume of investments over the past decade have been supported by the introduction of REITs, RERA, Benami Transactions (Prohibition) Act
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With SEBI coming out with Risk-o-meter labeling of funds, its important for investors to match their risk appetite with the fund labels
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Inflows into equity and equity-linked open-ended schemes were at Rs 5,988.17 crore in June.
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Industry players believe while generating alpha has become difficult in the largecap category, active funds do make sense in the mid and smallcaps