News From Press

The market uncertainty that COVID-19 has introduced-with businesses across industries facing tremendous pressure-has naturally caused issues for both financial products manufacturers (eg mutual funds) and (mutual fund) investors.

Events such as losses, layoffs, unpaid leaves and salary cuts also affect us mentally, particularly in case of business shutdown. Layoffs or unpaid leaves for a long time can leave us extremely demotivated. This is where our self-belief matters the most; our belief in our self, our attitude and our capabilities.

If you are looking to invest with an investment horizon of five to seven years, you may invest in tax saving mutual fund schemes to save taxes this financial year.

The Coronavirus pandemic has hit the number of NFO requests from fund houses since January this year. There were 11 NFO filings in January, which fell to 6 in the March and to 2 in May.

From managing Rs 48,576 crore on April 30, AUM of 20 credit risk funds fell to Rs 36,008 crore by April 30, latest data from industry body Amfi showed.

Even the recent exodus from debt funds does not worry him much.

Experts say a combination of certain categories of debt funds along with other products can help build a low-risk debt portfolio

The motor third-party obligation of each insurer should be linked to the number of vehicles insured instead of premium derived from this segment, says Irdai panel.

“The world has changed for the airlines and I don’t know how it’s changed,” said ace investor Warren Buffett at the annual general meeting of Berkshire Hathaway last Saturday, after his company sold all their holdings in four of the largest airlines in April.

Franklin Templeton mutual fund has recently announced the closure of its six debt schemes.

Asian markets and equity futures on Monday provided a taste of how the week may unfold.

Net redemptions from credit risk funds have come down by 81 per cent from its peak on Apr 27.

There's a key takeaway at the way Buffett admitted he made a colossal mistake by investing in airlines

For gauging the health of a debt fund, look at the movement of portfolio corpus size, monthly

Mostly, in times like this having adequate insurance is most important, and protecting yourself and family from the unknown becomes critically important.