Page 2 - Mutual Fund Investments

Maximise tax benefit on interest income from savings accounts: Analysts

For non-senior citizens, the maximum benefit can go up to Rs 17,000 using Section 80TTA and Section 10(15)(i)

Mutual funds turn net buyers, invest Rs 2,476 crore in equities in March

Mutual funds invested Rs 2,476 crore in equities in March, making it the first such infusion in 10 months, as consolidation in the market provided investment opportunities to fund managers

No merit in relaxing 10% cap on single stock investment: Sebi chief

Says cap is meant for diversification, and just because some scrip is outperforming is no reason to raise the ceiling

Franklin Templeton gave Rs 518 cr loan to YES Capital

Schemes among the six wound up by the fund house had given the loan crore against non-convertible debentures (NCDs) to the firm in March 2019, according to ED's chargesheet

Franklin Templeton MF committed to return investors money: Sanjay Sapre

"We are committed to doing all we can to return money in the schemes that are wound up at the earliest to investors," Franklin Templeton Asset Management (India) President said

Market correction prompts MFs to cut exposure to banks, invest in pharma

Fund managers say reduced exposure to banking can be attributed to a combination of factors

In times of coronavirus: Everything you need to know about your investments

For those who don't have adequate investments, taking a bridge loan to service EMIs may work

Mutual fund AUM rises 7.4% to Rs 26.33 trn in October on high equity inflow

Fund managers attributed growth in the asset base to higher retail participation and robust inflows in equity schemes and liquid funds

FEMA norms may raise investment bar on foreign-owned mutual funds

Funds will have to adhere to sectoral caps and restrictions applicable to foreign investment in Indian equities

Selling mutual funds turns less attractive for financial advisors

IFAs say the reduction in incentives, and over-regulation is making MF distribution a less attractive proposition

Getting close to retirement? You should shift towards debt-heavy portfolio

Usually, personal finance advisors suggest gradually lowering equity exposure closer to retirement, but maintaining a portion in good quality stocks or mutual funds can add sheen to the portfolio

Small towns contribute 15.3% to MF industry's assets under management

Over the past few years, markets regulator Sebi has been pushing asset management companies to reach out to small towns for increasing their assets base

Top 8 most common mutual fund investing mistakes and how to avoid them

Investing in mutual funds without setting goals is one of the most common mistakes new investors make as the general tendency among is to buy mutual fund units whenever the investors have surplus cash

Experts reveal why too much cash is bad for a scheme's health

Some like value funds take refuge in cash during bad times. Check mandates of other funds

Reduce exposure to mid-cap funds: Keep 75% in large and multi caps

Several mid- and small-cap schemes have risen between 50% and 70%

Use advisor for comprehensive planning

Those who have a simple financial objective or only a small sum to invest may go with a mutual fund distributor

Don't spread your investments too thin

Consolidation of schemes can be both costly & slow. Nonetheless, bite the bullet to improve returns

MF folios touch record-high of 5.8 crore in June on retail thrust

A mutual fund pools the assets of its investors and invests the money on behalf of them