Five mutual fund schemes which have returned an average of 20 percent every year
For investors willing to stay invested in stocks for the next 20 years it is important to find mutual fund schemes with a track record. ET identifies five MF schemes which have been in existence for the last 20 years and have returned an average of 20% every year.
by Source: Economic Times Jun 8, 2015
Will you melt your gold for 1 percent?
The gold monetisation scheme aims to unlock the value of the aam aadmis gold jewellery lying in a locker. This is why the minimum deposit has been kept as low as 30 grams and returns have been made tax-free to sweeten the deal.
by Source: Times of India Jun 8, 2015
Why lazy investors should opt for multi-asset mutual funds
Its unsettling times in the stock market. Rattled retail investors are looking at ways to remain invested without adding on risks.
by Source: Economic Times Jun 8, 2015
Equity funds receive net inflows of Rs. 10,000 crore in May
The AUM of equity funds touched an all-time high of Rs. 3.65 lakh crore in May.
by Team Cafemutual Jun 8, 2015
AMFI may relax the new commission structure
The trade body may allow ‘upfronting’ of trail in ELSS and SIPs.
by Nishant Patnaik Jun 8, 2015
How to know if your fund is buying, selling stocks too much
How does a fund manger pick stocks? Does she adopt a buyand-hold approach to investing or does she chase momentum in the hunt for returns? For the lay investor, it is often difficult to grasp a fund managers approach. However, some easily available metrics can reveal a lot about a fund managers investment style. The portfolio turnover ratio or churn is one such metric.
by Source: Economic Times Jun 5, 2015
28 AMCs record growth in folios in FY 2014-15
While Axis has added 4.44 lakh folios in FY 2014-15, emerging fund houses like BNP Paribas, Mirae Asset and Motilal Oswal have added over 25,000 folios each last fiscal.
by Nishant Patnaik Jun 5, 2015
HDFC, ICICI Prudential see highest folio growth in FY 15
Both HDFC MF and ICICI Prudential MF have added close to 7 lakh folios in FY 2015.
by Nishant Patnaik & Ravi Samalad Jun 5, 2015
Investor complaints against the top 10 AMCs drop 30 percent in FY14-15
Automation and improved customer service has resulted in a decline in the number of complaints received from investors.
by Ravi Samalad Jun 5, 2015
Mutual Fund Cafe: Top fund managers discuss market, economy
The downside in the stock market is limited for the next 6-12 months, Prashant Jain, Executive Director and Chief Investment Officer, HDFC Mutual said in a panel discussion titled ‘Mutual Fund Café’ on CNBC-TV18. Other participants were S Naren, CIO, ICICI Prudential Mutual Fund, Mahesh Patil, co-CIO, Birla Sunlife Mutual Fund, and Harsha Upadhyaya, CIO, Kotak Mahindra Mutual Fund.
by Source: Moneycontrol Jun 5, 2015
Service tax has to be borne by distributors: AMFI
However, SEBI may seek relaxation on service tax for distributors earning less than Rs.10 lakh from the the Ministry of Finance.
by Nishant Patnaik Jun 5, 2015
Book Review: The Bogleheads’ Guide to Investing
The Bogleheads’ Guide to Investing covers a wide range of topics, including insurance, behavioral economics, modern portfolio theory, and tips on saving money.
by Murad J. Antia, CFA Jun 3, 2015
Financial Planning Association’s first ever event in India starts on June 11
The theme of FPA Council of Financial Planners (COFP) India 2015 is ‘People Process Potential- India’s Pathway to Global Leadership in Financial Planning’.
by Team Cafemutual Jun 3, 2015
Service tax burden likely to be passed on to distributors
The final decision on service tax will be taken at AMFI board meeting scheduled to be held on June 5.
by Nishant Patnaik Jun 3, 2015
Maharashtra tops mutual fund chart with equity assets of Rs 1.21 lakh crore
Maharashtra continued to dominate the mutual fund landscape in the country with an assets base of Rs 1.21 lakh crore at the end of April in equity-oriented schemes, followed by Delhi in the second place.
by Source : Economic Times Jun 2, 2015
