Browsing: Mutual

[ad_1] Best-performing Flexi Cap Mutual Funds in 3 years (till July 21, 2023): There is a wide variance between the top and low-performing flexi cap mutual fund schemes in three years. There is a gap of around 25% in the returns of the lowest and top-performing flexi cap fund in 3 years. Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing on July 23 shows that the top-performing Flexi Cap Fund in three years has given an annualised return of 39% under the direct plan while the lowest-performing scheme has given…

[ad_1] It was October 2004, and I peacefully minding my business in my office when a colleague came by for a chat. He was an investment expert, and for the next fifteen minutes, I got the full lowdown on a new product that he was very enthusiastic about – Systematic Investment Plans (SIPs). It made sense, and I signed up for a Rs 3000 monthly SIP into an equity mutual fund. I essentially committed to investing Rs 3000 every month into this fund without fail, irrespective of what was happening to the markets. Fast forward twenty years, and let us…

[ad_1] Top-performing Tax Saving Mutual Funds in 3 years (till July 20, 2023): Investments up to Rs 1.5 lakh per year in an Equity-Linked Savings Scheme (ELSS) qualify for deduction under Section 80C of the Income Tax Act. These schemes are also known as tax-saving mutual funds. Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing shows that direct plans of as many as 13 tax-saving funds have given over 27% annualised returns in 3 years. These schemes have also beaten their respective benchmark indices in three years. Of these, 10…

[ad_1] Bajaj Finserv Asset Management has launched Bajaj Finserv Flexi Cap Fund, its first equity scheme. It is an open-ended equity scheme, which aims to provide long-term capital appreciation by investing in equity and equity-related instruments across market capitalization, based on a ‘MEGATRENDS’ strategy, the AMC said in a statement. Following are details of the Flexi Cap Fund shared by Bajaj Finserve AMC. The scheme will be managed by Chief Investment Officer Nimesh Chandan, Senior Fund Manager Sorbh Gupta (Equity portion) and Siddharth Chaudhary (Debt portion). The fund will be benchmarked against S&P BSE 500 TRI. The AMC said investors can…

[ad_1] Best-performing Small Cap Mutual Funds in 3 years (till July 19 2023): Most of the small-cap funds have given high returns to investors in three years. While the direct plan of the top-performing Small Cap scheme has given over 58% annualised returns in this duration, some low-performing small cap funds have also given over 34% annualised returns in 3 years. Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing on July 20 shows that as many as 11 Small Cap funds have given over 43% annualised returns in three years…

[ad_1] Mutual Fund calculation: If you manage to find the right fund giving decent returns, you can multiply your investments multiple times in the long term. However, it is not easy to find the right fund suitable to your needs. This is why it is always recommended to consult a trustworthy financial advisor, who can do this exercise for you. Now suppose you do manage to find the right fund. What after that? You may want to know how long it will take to multiply your wealth. Or, what should be the rate of return to help multiply your investment…

[ad_1] With the Nifty scaling the 19,500-mark, an all-time high, many individuals may be a bit apprehensive about putting fresh money into equity-related investments. Experts suggest individuals should avoid investing lumpsum and instead stagger their investments through systematic transfer plans (STPs) through mutual funds. As the indices across market caps are trading marginally above long-term average valuations, the probability of a substantial near-term loss is reduced in case of STP as investors get the benefit of averaging. It enables a disciplined and planned transfer of a fixed amount between two mutual fund schemes —from a low-risk option, such as a…

[ad_1] Best-performing Mid Cap Mutual Funds in 3 years ( till July 14, 2023): A majority of Mid Cap Mutual Fund schemes have performed well in three years. As per data on the website of Association of Mutual Funds in India (AMFI) at the time of writing, as many as 10 mid-cap funds have given over 34% returns under their direct plans. The regular plans of these schemes have also given over 32% returns. Data shows that direct plans of as many as 9 Mid Cap Funds have also beaten the performance of their respective benchmark indices in three years.…

[ad_1] The month of June witnessed notable changes in the sector and stock allocation of mutual funds. Private banks (17.4%) were the top sector holding for MFs during the month, followed by technology (9.3%), NBFCs (8.9%), autos (8.2%), and capital goods (7%), according to data from Motilal Oswal Financial Services. On a month-on-month (MoM) basis, weights of NBFCs, healthcare, automobiles, capital goods, utilities, retail, metals and insurance increased, while those of private banks, technology, consumer, oil & gas, public sector banks, and infrastructure declined. With a 50-basis-point increase month-on-month, NBFCs’ weight stood at an all-time high of 8.9%. Capital goods’…

[ad_1] Best-performing Large & Mid Cap Mutual Fund Schemes in 1 year (till July 13, 2023): Most of the Large & Mid Cap Fund schemes had a good run in one year, giving over 20% annualised returns under their direct plans till July 13, as per data on the website of Association of Mutual Funds in India (AMFI) at the time of writing. Data shows that direct plans of as many as 11 Large & Mid Cap Funds have also beaten the performance of their respective benchmark indices in one year. Regular plans of most of these 11 schemes have…