Monday, December 23

Tag: Mutual Funds

Mutual funds SIP investments increase 28% to Rs 2 trillion in FY24 | Mutual Fund – Top Stories
11Apr By adminNo Comments
Business

Mutual funds SIP investments increase 28% to Rs 2 trillion in FY24 | Mutual Fund – Top Stories

Illustration: Binay Sinha3 min read Last Updated : Apr 11 2024 | 9:10 PM IST Buoyant economic outlook and increased market participation helped drive the inflows in the mutual fund industry through systematic investment plans or SIPs route to record Rs 2 lakh crore in 2023-24, marking a rise of 28 per cent year-on-year. In comparison, an inflow of 1.56 lakh crore was witnessed through this route in 2022-23, Rs 1.24 lakh in 2021-22 and Rs 96,080 crore in 2020-2021, data with the Association of Mutual Funds in India (Amfi) showed. Moreover, mutual fund SIP contribution has seen over four-fold rise during the last seven years. It was Rs 43,921 crore in 2016-17. Additionally, SIP book has also grown consistently from Rs 14,276 crore in March 2023 to an all-time hig...
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Smart money moves that mutual funds offer
24Dec By adminNo Comments
Money

Smart money moves that mutual funds offer

Successful leaders, whether in sales or personal finance, recognise the importance of setting clear goals. Individuals are encouraged to identify their financial goals, which will serve as a guide for wise investing. A well-defined financial vision serves as a guiding force in the purchase of a property, supporting education, achieving a comfortable retirement or any other goal that one may have. 
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The Newest Get Rich Quick Trade: Indian Stocks
22Dec By adminNo Comments
World

The Newest Get Rich Quick Trade: Indian Stocks

Dec. 22, 2023 12:39 am ETIndia’s booming stock market is attracting millions of individual investors hoping to get rich quick.The benchmark S&P BSE Sensex Index is around 16% higher this year and hit an all-time high this month. The surge encouraged investors to open more than 11 million new accounts with the National Stock Exchange of India in 2023 through the end of August, and has led to record flows into mutual funds that buy stocks. The most popular play: subscribing for shares in new listings, which sometimes surge in value during the first few days of trading.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Credit Suisse to Pay $10 Million After SEC Alleges Prohibited Underwriting, Advising
14Dec By adminNo Comments
Money

Credit Suisse to Pay $10 Million After SEC Alleges Prohibited Underwriting, Advising

Credit Suisse Securities and two affiliated entities will pay more than $10 million to settle charges from the U.S. Securities and Exchange Commission that it allegedly provided certain prohibited services.The SEC said Wednesday that the bank acted as an underwriter and investment adviser to mutual funds after being prohibited from doing so by a New Jersey court in October 2022.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Momentum Investing Has Struggled for 20 Years. Here’s Why.
4Dec By adminNo Comments
Money

Momentum Investing Has Struggled for 20 Years. Here’s Why.

Journal Reports: Investing MonthlyCould You Benefit From Credit Counseling? Answer These Questions FirstBy Cheryl Winokur MunkDecember 2, 2023 at 1:30 PM ETHouseholds grappling with high-interest debt and the resumption of student-loan repayments could benefit from expert advice.
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How to Use Industry ETFs to Ride Waves of Momentum
3Dec By adminNo Comments
Money

How to Use Industry ETFs to Ride Waves of Momentum

Journal Reports: Investing MonthlyMomentum Investing Has Struggled for 20 Years. Here’s Why.By Mark HulbertDecember 3, 2023 at 1:30 PM ETA mutual-funds rating company changed its methodology over a decade ago, and that apparently has made all the difference.
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How to Use Industry ETFs to Ride Waves of Momentum
3Dec By adminNo Comments
World

How to Use Industry ETFs to Ride Waves of Momentum

Journal Reports: Investing MonthlyMomentum Investing Has Struggled for 20 Years. Here’s Why.By Mark HulbertDecember 3, 2023 at 1:30 PM ETA mutual-funds rating company changed its methodology over a decade ago, and that apparently has made all the difference.
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Bonds vs. Bond Funds: How Higher Rates Are Changing the Calculation
11Nov By adminNo Comments
Money

Bonds vs. Bond Funds: How Higher Rates Are Changing the Calculation

The new era of higher interest rates has reignited a long-smoldering Wall Street debate: Is it better for ordinary investors to buy individual bonds outright? Or shares of bond mutual funds?During the yearslong period of near-zero interest rates, the answer seemed simple: Funds had low fees and were easy to buy and sell, and share values rose alongside bond prices. If any one bond defaulted, losses were minimal. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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