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Ask Money Today: How much monthly SIP needed for kid's higher education?
Owing to better returns over the long term, investing in equity funds to build your child's higher education corpus will allow you to build the adequate corpus with much lower monthly contributions
Franklin Templeton to pay unitholders second tranche of Rs 2,962 crore
The funds will be credited through online transfer, cheque or demand draft; disbursements to unitholders will be made by extinguishing proportionate units at the net asset value (NAV), as of April 9
Alpha in active funds matter of 6 months; futile to time the market: Morningstar
Don't sell based on the "what have you done for me lately" rationale; no one knows the day or the hour when outperformance will strike.
Health insurance with Rs 1 crore cover sees 35% growth amid Covid-19 fear
Data available from Policybazaar shows the penetration of such policies has grown from 2 per cent to 35 per cent between 2019 and now
0% return! Debt mutual fund investors in for a shock in FY22
"Investors at the short-end (up to 2Y) will probably earn zero or negative real return (inflation-adjusted) in FY22, similar to FY21," says Dhawal Dalal, CIO-Fixed Income Edelweiss AMC
SBI Mutual Fund's asset base grows 35% to Rs 5 lakh cr in Q4
The fund house's average asset under management (AAUM) rose to Rs 5.04 lakh crore in 2020-21 from Rs 3.73 lakh crore in the preceding fiscal, recording a growth of 35 per cent, SBI MF said in a statement
First time in 9 months! Equity MFs see net inflows of Rs 9,115 cr in March
According to AMFI data, equity funds recorded healthy net inflows to the tune of Rs 9,115 crore in March. Highest net inflows across the equity scheme categories were recorded by the thematic and sectoral schemes worth Rs 2,009 crore in March
Equity MFs see Rs 9,115 crore inflows; debt funds record Rs 52,528 crore outflows
For the financial year 2020-21, equity fund flows remained net negative as outflows persisted from July 2020 to February 2021. The outflows were triggered by a bounce-back in the market post Covid crash that drove investors to book profits or rebalance their portfolios
RBI's G-SAP 1.0 masterstroke: Where should debt mutual fund investors invest?
The RBI will purchase government securities worth Rs 1 lakh crore under GSAP 1.0 in Q1FY22. It had purchased bonds worth around Rs 3.13 lakh crore from the secondary market in FY21.
Overnight, liquid debt funds offer 3% returns in 1 year; reversal on cards, say experts
Overnight funds and liquid funds, which delivered average returns of 6.97 per cent and 6.46 per cent in 2018 and 2019 respectively, offered meager returns of around 3.8 per cent in 2020