Are insurance plans better than debt mutual funds in the current scenario?
Many wealth managers are asking their clients, especially those with deep pockets, to consider “investing’ in insurance plans that offer guaranteed returns in the wake of the ongoing crisis of confidence faced by the debt mutual funds.
by The Economic Times May 7, 2020
Set up special vehicle to give liquidity to MF: Group tells central bank
Distributor's association asks regulators to extend direct credit line for industry.
by Business Standard May 6, 2020
Franklin Templeton effect: Credit risk funds see AUM decline by Rs 19,000 crore in April
Credit risk funds have seen assets decline by nearly Rs 19,000 crore in April as investors rushed to redeem their money after the closure of six debt schemes by Franklin Templeton Mutual Fund, data showed.
by The Financial Express May 6, 2020
Time to rebalance your portfolio, invest more in equity mutual funds
The global economy is already in recession. Travel and tourism, restaurants, movie theatres and scores of other businesses have suddenly come to a standstill.
by The Economic Times May 6, 2020
Beware of income tax refund scams: I-T dept warns taxpayers against fake links
​Recently, due to the coronavirus related lockdown, the tax department announced thatit would issue refunds of up to Rs 5 lakh immediately to tide over the financial emergency.
by The Economic Times May 6, 2020
COVID-19: How Independent Financial Advisors can be lynchpin between mutual funds and investors
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.
by The Financial Express May 6, 2020
Knocked down by lockdown? Here is how you can sail through
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.
by The Economic Times May 6, 2020
Best ELSS or tax saving mutual funds to invest in 2020
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.
by The Economic Times May 6, 2020
Mutual fund NFOs hit by COVID19 pandemic; new launches postponed
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.
by The Economic Times May 6, 2020
Credit risk funds’ AUM see 26% fall in a week
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.
by The Economic Times May 5, 2020
Fixed income expert says investors need the shade of debt funds in their portfolios
Even the recent exodus from debt funds does not worry him much.
by The Economic Times May 5, 2020
How to build low-risk debt portfolio post Franklin fiasco
Experts say a combination of certain categories of debt funds along with other products can help build a low-risk debt portfolio
by Mint May 5, 2020
Motor insurance: Making third-party cover more equitable
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.
by The Financial Express May 5, 2020
Warren Buffett is waving goodbye to aviation stocks, should you follow the billionaire investor?
“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.
by The Financial Express May 5, 2020
5 ways the closure of mutual fund schemes impacts investors
Franklin Templeton mutual fund has recently announced the closure of its six debt schemes.
by The Economic Times May 5, 2020