Essel Mutual Fund launched new NFO on 9th April 2018 – Essel Equity Hybrid Fund. This is an open-ended equity oriented hybrid fund having a face value of ₹10 per unit. Hybrid funds are diversified mutual funds that balance between low-risk debt and higher risk equity investments. Let us look into Essel Equity Hybrid Fund in detail. Essel Equity … Continue reading NFO Review: Essel Equity Hybrid Fund (April 2018)
Sensex ends lower by 11.71 points or 0.03% to settle at 34,415.58. Nifty ended lower by 1.25 points or 0.01% to settle at 10,564.05. Mid-cap Index was down by 0.44%. Small-cap Index was up by 0.02%. BSE IT Index was up massive 4.80%. Top Gainers: TCS, Tech Mahindra, HCL Tech, and Infosys. Top Losers: Eveready Ind, … Continue reading Market Today: 20th April 2018
Direct funds have the same mutual fund profile as a regular fund but do not carry the distribution charge that is generally paid to the commissioned agent. As a result, in order to invest in direct funds, investors need to get in touch with the AMCs directly or take the help of direct mutual fund … Continue reading Direct vs Regular Mutual Fund: 5 Reasons Why Direct Funds Will Make You Wealthier
A part of L&T Financial Services offering, L&T Emerging Businesses Fund (click to see details) is one of the best performing small-cap funds in the market today. A category of the equity funds, in small-cap funds, a large portion of the investment is done in small-cap stocks i.e. in companies with small market capitalization- having a … Continue reading L&T Emerging Businesses Fund Direct Growth Review (2018)
Mid-cap mutual funds invest in mid-cap companies.Which means, these mutual funds invest in companies that are between 100 and 250 on the capitalization charts. When an investor invests in mid-caps for a long-term, they prefer those companies that they think will be tomorrow’s runaway successes. Traditionally, mid-caps are mid-sized companies, which, if run well with … Continue reading Top 10 Mid-cap Mutual Funds of 2018
Sensex up again by 95 points or 0.28% to settle at 34,427.29. Nifty rose by 39.10 points or 0.37% to settle at 10,565.30. Mid-cap Index was up by 0.63%. Small-cap Index was up by 0.60%. Top Gainers: Tata Steel, Yes Bank, Bharti Airtel, and L&T. Top Losers: Axis Bank, Coal India, Kotak Mahindra, and Sun Pharma
Both the regular and direct versions of any mutual fund are the exact same fund, run by the same fund managers investing in the same stocks and bonds. The difference is that in case of direct mutual funds, there is no broker/distributor commission. Which means, as an investor, you get higher returns from the exact … Continue reading Direct vs Regular Mutual Funds Examples: Returns of Top 10 Funds Compared
Sensex went down by 63.38 points or 0.18% to settle at 34,331.68. Nifty fell by 11.10 points or 0.11% to settle at 10,537.60. Mid-cap Index was down by 0.07%. Small-cap Index was down by 0.37%. Top Gainers: ITC, Wipro, Bharti Airtel and Tata Steel. Top Losers: Axis Bank, M&M, IndusInd Bank and Hero MotoCorp.
An equity oriented mutual fund described in terms of market capitalization indicates the size of the companies in which the fund invests. Large companies are more stable and therefore more trusted compared to all other businesses in the market and the funds that invest in these companies tend to provide stable returns. One great benefit … Continue reading 11 Best Large Cap Funds for SIP (2018): Start a Habit That Pays Back
Mutual fund companies make changes to their portfolio every now and then. A list of changes made by these houses is then declared for each and every month. Below mentioned is a list of changes made to top three mutual fund houses. Also, these AMCs have either increased their stake, decreased their stake in an … Continue reading Portfolio Changes of Top 3 Mutual Funds for March
Sensex rose by 89.63 points or 0.26% to settle at 34,395.06. Nifty rose by 20.35 points or 0.19% to settle at 10,548.70. Mid-cap Index was up by 0.28%. Small-cap Index was up by 0.28%. Top Gainers: HUL, Titan, NTPC, ICICI Bank, and Bharti Airtel. Top Losers: Axis Bank, Bharti Infratel, Wipro, and Sun Pharma.
Mutual funds offer a variety of smart and convenient options to meet specific needs of investors. Many investors want regular income from their mutual fund investment - similar to receiving a salary. In this article, we explore why SWP (Systematic Withdrawal Plan) is a better option when compared to a dividend plan. What is a … Continue reading Dividend vs SWP: 4 Reasons Why SWP Is Better Than a Dividend Plan
Aakash Exploration Services Ltd is coming out with an Initial Public Offering on 17th April 2018. The company plans to raise Rs. 10.08 crores by issuing 18 lakhs shares at Rs. 56 each. The minimum investment to be made by a retail investor is Rs. 1,12,000. The lot size was of 2000 shares and the … Continue reading Aakash Exploration Services IPO: Is This IPO Fairly Priced?
National Pension Scheme, also known as NPS, is a contribution based pension scheme launched by the Government of India. It is a voluntary retirement scheme set up by the government through which one can save for his/ her old age pension and /or create a retirement corpus. Simply put, it is a system which encourages … Continue reading All You Need to Know About NPS (National Pension Scheme)
Sensex rose by 112.78 points or 0.33% to settle at 34,305.43. Nifty rose by 47.75 points or 0.46% to settle at 10,528.35. Mid-cap Index was up by 0.34%. Small-cap Index was up by 0.56%. Among sectoral indexes, realty, healthcare and FMCG gained the most while IT, teck and consumer durables declined the most. Top Gainers: Kotak … Continue reading Market Today: 16th April 2018
We started Groww with a mission to make finance simple for people in India. We realize how complicated and opaque financial products are. We know this because we ourselves faced this problem. We started with Mutual Funds - one of the best products for retail investors. To keep it very simple - we launched with Regular funds. … Continue reading Groww Launches Zero Commission Mutual Funds | Direct Mutual Funds
ICICI Prudential open subscriptions for the NFO ICICI Prudential Bharat Consumption Fund- Series 2 on 12th April. The Series 1 of this NFO recently launched on April 5, 2018. Is this NFO worth investing in as an investor or should you simply stick to investing in existing mutual funds with a track record? Read on to … Continue reading ICICI Prudential Bharat Consumption Fund- Series 2: NFO Review
SBI Mutual Fund Company is changing the names and category of 20 mutual funds. Mutual funds of many Asset Management Companies are being changed after a recent circular by the regulator Securities and Exchange Board of India (SEBI). This move by the SEBI is to make investing simple for investors that they can understand the difference … Continue reading List of SBI Mutual Funds Renamed in 2018 (20 Changes)
Systematic Investment Plan or SIP is a method of investing money in mutual funds. The other way to invest money in mutual funds is by way of lump sum investment or simply put, one-time payment. SIP is a systematic way of investing your money in mutual funds. An investor, upon his discretion and convenience, can invest every … Continue reading 11 Myths About SIP Busted (2018)
The development of a country's infrastructure is vital to the growth of its sectors and the overall economy. The infrastructure sector is a key driver for the Indian economy. The increased spending in this sector has a multiplier effect on overall economic growth as it necessitates industrial growth and manufacturing. This in turn boosts aggregate … Continue reading Indian Infrastructure Sector: Health and Opportunities (2018 Update)