March 20, 2024 10:47 AM ISTBefore you invest your money, make sure the person / entity you are dealing with is authorised to handle your money. It also helps not to get carried away by the promise of high returns, especially over a very short period of time.
March 20, 2024 12:55 PM IST Pune-based Bajaj Finserv Mutual Fund is close to turning one. The fund house's Chief Executive Officer, Ganesh Mohan, spoke to Moneycontrol about the experiences of the first year, what fuelled AUM growth, the impact of Bajaj’s name on the business, and future fund launches
March 20, 2024 07:32 AM IST Buy insurance, not just for income-tax breaks, but because you really need an insurance policy. Consider Public Provident Fund to be a great investment, even without tax breaks.
March 19, 2024 04:00 PM IST Section 80 CCD(1B) offers an additional deduction of Rs 50,000 – over and above the Rs 1.5-lakh section 80C limit – for investing in NPS. You can open an account online and invest before March 31 to claim these deductions.
March 19, 2024 07:01 AM IST Interest rates offered by top ten public sector banks and private banks on three-year recurring deposits range from 6.25-7.25 percent per annum
March 19, 2024 05:08 PM IST Seasoned investors try to minimise the risk of losing invested capital and prefer to invest at times when the odds of a favourable return on their investment are relatively high. But when valuations are expensive, one must be careful and take safety measures while investing.
March 19, 2024 10:02 AM IST Under the Income Tax Act, gifts from relatives are not taxed. Gifts received from one’s marriage or from a will are also not taxed, nor one’s inheritance. But gifts from non-relatives are taxed if the aggregate value exceeds Rs 50,000 annually. The limit is applicable separately on money and movable properties
March 18, 2024 11:45 AM IST SEBI asks fund houses to ignore the least 20% illiquid stocks while assessing liquidity. The idea is to let microcaps- the tiniest of the smallcaps- to grow unfettered as they could turn into tomorrow’s multibaggers. In the first such attempt, Moneycontrol identifies these 20% stocks.
March 18, 2024 12:01 PM IST While the recent performance of midcap and small-cap funds may have raised concerns among mutual fund investors, it is essential to approach investing with a long-term perspective.
March 18, 2024 03:21 PM IST SEBI has made changes in disclosure requirements for ESG funds. There have been many instances of confusing, ambiguous, and incomplete disclosures related to green fund names, their goals, screening criteria, and impact claims
March 18, 2024 09:01 AM IST Although the plan provides extensive coverage with efficient claims processing and valuable benefits, it's crucial to carefully consider its drawbacks when comparing it to other available options.
March 15, 2024 11:28 PM IST While HDFC Small Cap Fund and SBI Small Cap Fund show some stress in their portfolios, Nippon Small Cap Fund has bucked the trend. But it has paid a price for it. Edelweiss Mutual Fund reported good numbers among its size of schemes
March 15, 2024 08:56 PM IST In the mid-cap segment, HDFC Mid-Cap Opportunities Fund, which is the biggest in the category with Rs 60,187 crore AUM would take 23 days to liquidate 50 percent of the portfolio.
March 15, 2024 05:04 PM IST Among the top 10 smallcap funds which have announced the results so far, Canara Robeco and Franklin India mutual funds are the quickest in terms of liquidation of their smallcap funds
March 15, 2024 02:19 PM IST One should only invest in small-cap funds if the risks are properly understood and one has the patience to stay invested for at least 5-7 years. Regularly rebalancing their portfolios and reassessing exposure to riskier small-caps can help investors manage long term investment wisely.
March 15, 2024 02:30 PM IST SBI Mid Cap Fund’s size is Rs 16,467.43 crore and is India’s 5th largest mid-cap fund. SBI Small Cap Fund's size is Rs 25,533.78 crore and is India’s 3rd largest small-cap fund.
March 15, 2024 02:06 PM IST Tata Small Cap Fund had the poorest result number among the 10 fund houses which had shared their stress test numbers by the morning of March 15
March 15, 2024 08:55 PM IST He suggests that medium-risk investors allocate 40 percent each to large cap funds and mid cap or multi cap funds (core portfolio), and the remaining 20 percent to good stories (investment themes).
March 15, 2024 01:48 PM IST Chennai's share in overall vehicle thefts doubled from 5 percent to 10.5 percent, while Bengaluru was at 10.2 percent. Hyderabad, Mumbai and Kolkata continued to see the least number of thefts.
March 15, 2024 10:10 AM IST The number of personal and credit card loans have gone up in recent years, and many are struggling with a mountain of debt, and being harassed by loan recovery agents. Which is where debt counsellors come in, provided one is disciplined.
March 15, 2024 01:49 PM IST The stress test results of Nippon India Small Cap Fund, which has assets of Rs 46,000 crore, assume significance because of its size and the number of stocks it holds. The scheme holds more than 200 stocks in its portfolio.
March 15, 2024 02:20 PM IST Large-sized mid- and small- cap funds and especially those with scant large-cap exposure show higher stress in their portfolios
March 15, 2024 02:31 PM IST A 25% portfolio liquidation in Edelweiss Mid Cap Fund can be done in one day, while the same for Edelweiss Small Cap Fund stands at two days, showed mutual fund stress test results announced by Edelweiss MF on March 14
March 15, 2024 02:30 PM IST Acting on SEBI’s concerns about the froth building in mid-cap and small-cap segments in the stock market, AMFI had told mutual funds to conduct stress tests and publish the result on its own websites as well that of AMFI’s, once every 15 days.
March 14, 2024 10:49 AM IST Gold rush: HDFC Bank, Indian Bank offer the cheapest gold loans at interest rates of 8.5-8.65 percent per annum. A gold loan is given when customers pledge their gold with the bank.
