Experts attribute the decline to festive holidays, wedding season
Investment plans can be different for everyone. How to know which investment can best suit your financial goals? The SIP calculator is the answer. The SIP calculator is a tool to make your investment
Investor count reaches the next landing, doubling in four years
In a bid to attract depositors, State Bank of India is contemplating to come out with innovative products including a combo product of recurring deposit and SIP, said the bank's chairman C S Setty. With the economy progressing, he said, customers are becoming financially more aware and demanding, and have started looking for innovative investment instruments. Today the customers are looking at the value proposition as financial literacy improves and the concept of asset allocation will gain greater importance, he said. "Obviously, nobody wants to put everything in a risky asset or a speculative asset...banking products will always be part of the basket. So, we are trying to bring products which will appeal to them," he told PTI in an interview. "We are trying to bring innovation in some of the conventional products like recurring deposit, which is actually a conventional SIP...Maybe, we can combine both fixed deposit/recurring deposit and SIP, a combo product that could be digitall
The yellow metal may struggle if interest-rate cuts in the US are not significant, and the US economy remains stronger than expected
The new Rs 100 daily SIP option represents a significant reduction from the previous minimum of Rs 300
A monthly SIP of Rs. 10,000 invested in the fund has grown to Rs. 84.81 lakh, delivering an annualized return of 18.64%
Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.
As a result, net inflows drop to just 38% of gross collections
Market volatility is inevitable; staying focused on long-term goals is key to navigating it successfully
Bhandwaldar discusses the potential end-of-earnings downgrades for the information technology (IT) sector, noting that upgrades will depend on the US outlook
As per the FundsIndia Research Report, by investing Rs 30,000 per month with a 10% annual increase in contribution, you can achieve your first Rs 50 lakh in 7 years at an assumed rate of 12%.
The report noted that the 8.7 per cent month-on-month rise in AUM was fueled by a rise in market indices and a jump in fresh inflows
If you start investing via SIP at the age of 25, the monthly SIP required is only Rs 15,000. But if you delay and start at the age of 30 the monthly SIP required is 2 times more at Rs 28,000!
Investors withdrew Rs 11,678 crore from SIP accounts last month, compared to an average of Rs 10,436 crore in the preceding six months
Valuations are high in companies in defense, railways, engineering, new energy, and the power sectors, Parekh of DSP Mutual Fund said in an exclusive interview