Mid-cap & Small-cap downfall – What do I do now?

Mid-cap & Small-cap stocks (& mutual funds) are witnessing a major correction since budget in Jan-18. One of the reason is the SEBI’s new guideline on stock categorization, resulting in Mutual funds correcting & realigning based on new guideline. On the other hand, NIFTY is close to an all-time high now, but what one needs…

What is driving SIP inflows even when equity markets are volatile?

Currently, domestic mutual funds have about 2.29 crore active SIP accounts Systematic investment plans, better known as SIPs, are in the news again. This time for showing a rise in their collections in the first quarter of FY19 despite volatile markets. According to the Association of Mutual Funds in India, in April-June of FY19, the…

MORE ABOUT TAX SAVING UNDER 80C

What are tax saving ELSS funds? Tax-saving ELSS Mutual funds are eligible for tax deductions under Section 80C. These funds invest in stocks and are hence linked to stock markets. These funds have a lock-in period of 3 years (lowest of any tax-saving option) and hence the investors can not withdraw their money before the 3 year period. These are the…

Types of Mutual Funds

7 Common Types Of Mutual Funds Money market funds These funds invest in short-term fixed income securities such as government bonds, treasury bills, bankers’ acceptances, commercial paper and certificates of deposit. They are generally a safer investment, but with a lower potential return then other types of mutual funds. Canadian money market funds try to keep…

E-KYC

WHAT IS KYC?​​  KYC or Know Your Customer is a customer identification process. The Securities and Exchange Board of India (SEBI) has laid down guidelines under the Prevention of Money Laundering Act 2002, which makes it binding for financial institutions and​ financial intermediaries like mutual funds to acquaint themselves with their customers. KYC process helps…

Why Invest In SIP ?

Here are the top 5 reasons to invest via SIP SIPs give a disciplined approach to investing: One of the major benefits of investing via SIPs is that they help in cultivating the investing habit. As you have to invest a fixed amount monthly, you develop the habit of regular investing over a period of…

How Infosys made Billions – Made Millions for its shareholders too !

Infosys – The IT bellwether was instrumental in putting Indian IT prowess on the global map. Mr. Narayana Murthy, a first generation entrepreneur executed his dream to perfection. Today, the multi-billion dollar company gives you no idea that it originated in a dinky garage. The capital appreciation via Infosys shares is out of this world….

Why Invest through Mutual Funds?

A mutual fund is an entity that pools the money of many investors — its unit-holders — to invest in different securities. Investments may be in shares, debt securities, money market securities or a combination of these. Those securities are professionally managed on behalf of the unit-holders, and each investor holds a pro-rata share of…

How an investment of Rs.10000 Grew to Rs.535 Crores in 34 Years

If I had the technology to send a message back in time, I would tell my father in 1980 to “Use Rs.10,000 to buy 100 shares of Wipro as an one-time investment and never sell it for the next 30-35 years.” If he had done that his investment would now be worth about Rs.535 crores….