The assets under management (AUM) of the mutual fund industry was Rs
7,00,538 crore on 31 March 2011. Equity funds (diversified equity and
tax-saving funds) accounted for Rs 1,95,323 crore, or 28%.
Invest in mutual funds for the longer term but do review the performance
of the funds in which you have invested at least once a year.
Investing in index funds helps in achieving diversification with no additional cost or time spent on research.
Index funds do not promise benchmark-beating returns, but their low-cost, low-risk fund management lends stability to your portfolio.
Funds that adopt a guarded approach towards investing in equities show lesser volatility and are good bets for the risk-averse.
The focus has been on irrelevant issues, such as size or minimum net worth, for the issuance of an AMC licence.
Many mutual fund schemes with small AUMs consistently outperform their benchmarks, but lack of investors' interest remains a worry.
Don't switch your chosen funds or add schemes frequently, especially based on short-term performance.
H N Sinor, CEO, Association of Mutual Funds of India, tells Tanvi Varma
that mutual funds should be viewed more as 'investment managers'.
Timing the market is not easy; hence a systematic investment plan (SIP) works as the best vehicle to ride through market volatilities.
In this section, we feature fund managers who have managed to ride
through good and bad market conditions with their right calls and timely
We provide you insights on how to select mutual funds that would go on to beat the pack and the broad investment strategies to be adopted to generate higher returns. The cover story on succession issues (Handing Over your Wealth Baton,
May 2011) rightly points out that writing a will does not come naturally
to many, says RAM DWIVEDI from Lucknow.
Are you scouting for a loan to buy a house, a car or for your child's education? Given below are the best deals on offer from public and private sector lenders. Bhushan Steel is among the top grossers in the last five years with an annualised return of 58%. A proper etiquette and attitude at the workplace is important to advance your career. Conveying the wrong message can stall a talented professional, says Devashish Chakravarty. In an interview with Tanvi Varma, Bill Barbour, Investment Specialist,
Deutsche Asset Management, talks about the commodities market in India. Dampened by rising loan rates, raw material cost and fuel prices car
sales during April increased at the slowest pace in nearly two years.
Interesting trivia from the telecom, banking and IT sector Trivia for you: 64 lakh mobile subscribers have dumped their operators in the first five months after the launch of number portability.
Quotable quotes from business leaders "A sytematic investment plan, or SIP, is an ideal way for retail
investors benefit from the power of compounding and create wealth in the
long term," says A Balasubramaniam, CEO, Birla Sun Life Asset Management.
Know your credit score before applying for loan Now you can get a credit score card to have an idea of whether your loan application will have the 'approved' stamp or not.
New norms for banking, commodities and markets sectors A look at the recent rulings from banking, commodities and markets sectors that can affect you.
High interest rate on savings bank deposits to help in times of inflation Though the rate hike will pinch your pocket, the RBI's decision to increase interest rate on savings bank deposits from 3.5% to 4% should come as a relief.
Irda allows saving electronic record of insurance policies Under recent guidelines by the Insurance Regulatory and Development Authority, you can soon have all your policies stored safely in an
RBI raises mobile payment limit to Rs 50,000 You can make larger payments through your mobile phone as the Reserve Bank of India (RBI) has raised the limit from Rs 5,000 to Rs 50,000. My father just retired at age 58. He is going to draw Rs 50,000 as
pension per month and is likely to pick up a job that could pay
him another Rs 50,000 per month. How should he go about investing
this corpus to be financially secure, asks Hrishikesh Trivedi. We surveyed four non-metro cities to gauge the trends in the local residential property markets and check whether these are good destinations for investing. While you spend to escape the summer heat, you can also gain by investing in companies whose businesses get a boost during these months. The mutual fund industry has been wading through troubled waters ever since SEBI imposed a ban on entry load from 1 August 2009, writes Money Today Executive Editor Sarbajeet K Sen.
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