UTI NFO UTI Mutual Fund has launched a new NFO by the name of UTI Focussed Equity Fund - Series V. This is an equity oriented close-ended fund. Which means, once you invest in it, you cannot transact with it till the maturity date. The lock-in period for this fund is 1102 days. The minimum … Continue reading NFO of UTI Mutual Fund: UTI Focussed Equity Fund – Series V
Indiabulls Mutual Fund, announced an NFO that opened for subscriptions on 21st September 2017. The subscription for this Indiabulls NFO closes on 20th December 2017. The NFO is called Indiabulls Tax Savings Fund. As the name suggests, it is an ELSS fund. NFO Name Indiabulls Tax Savings Fund NFO Launch Date 21 September 2017 Last … Continue reading NFO Review: Indiabulls Tax Savings Fund – New Fund By Indiabulls Mutual Fund
Investments in Mutual funds should be made keeping long-term horizon. The choice of fund should depend on the following - Time horizon Risk appetite Market situation Based on the above parameters, you should decide on the asset allocation among the different categories of the mutual fund. And based on the past performance, select funds in … Continue reading For a long term investment goal (more than 10 years), is it wise to continue investing on current MFs through SIP or change MFs periodically for better performing MFs?
Quick Facts: HDFC Housing Opportunities Fund NFO NFO Name HDFC Housing Opportunities Fund NFO Launch Date 16 November 2017 Last Date for Application 30 November 2017 Minimum Investment Amount ₹5000 Fund Type Thematic Fund Nature Close-ended How to Invest in HDFC NFO 2017 If you want to invest in HDFC Housing Opportunities Fund, you have … Continue reading HDFC Housing Opportunities NFO 2017: Should You Invest In This NFO?
Ace Indian investor Rakesh Jhunjhunwala said, "There is a lot of froth in the IPO market,". The billionaire investor added, "They will have to wait for two to three months and then come at lower or fairer valuations,". Rakesh Jhunjhunwala has placed only small bets in IPO in recent times and believes the shares are over-valued … Continue reading This is What Rakesh Jhunjhunwala Says About IPOs
Meaning of Sector Funds Sector funds, as the name suggests, are those mutual funds which invest in the stocks of companies that operate in a particular industry or sector of the economy. For e.g. the fund can invest in energy, utilities, tourism, transportation, etc. As these funds invest in a particular sector of the economy, … Continue reading What Are The Types Of Sector Funds
An equity mutual fund is one which invests solely in stocks of various companies. The aim of equity funds is to provide capital appreciation over the medium to long-term. Such schemes invest in a major part of their corpus in equities. This is why if you are looking to benefit from th growing economy of … Continue reading Best Equity Funds 2017
Prime Minister Narendra Modi on the 8th of November, 2016, announced the withdrawal of Rs 500 and Rs 1,000 denomination of notes. He called this step necessary in the government’s fight against corruption and black money. The legal tender character of the abovementioned denomination of bank notes stood withdrawn. Thereafter, these notes could not be … Continue reading Nov 8 2016 Demonetization: Impact on Mutual Funds in One Year
The Indian government on 24th October 2017 unveiled a plan for massive capital infusion of INR 2.11 lakh crore into public sector banks (PSBs) over the period of next two years, giving them after Diwali gift. Many people want to know the effect of this recapitalization on mutual funds. The idea of infusion is to … Continue reading Capital Infusion in Public Sector Banks (PSB): Effect on Mutual Funds
In this article, we will aim to show you why mutual funds are an ideal investment for any duration and for varying levels of risk appetite. For people already investing in mutual funds, this might be informative in making them aware of various categories of mutual funds. When people talk of mutual funds, most talk about … Continue reading Are Mutual Funds The Best Investment For Any Duration?