Mutual fund houses are linging up new retirement funds that combine a host of benefits such as tax-breaks and asset allocation strategies that could supplement an individual incomes in their twilight years.
In a year when Indian shares have hit record highs, the country's embattled fund managers are headed for a milestone of their own: their worst performance since the global financial crisis in 2008. The poor showing comes at a bad time for an industry
Reliance Dynamic Bond Fund, an open-ended income fund, has been ranked CRISIL Fund Rank 2 (in the top 30 percentile of its peer group) over the past six quarters - as per the CRISIL Mutual Fund Rankings - in the long-term income funds category.
Is India's mutual fund industry back to square one? Of course not, when one looks at the sector's profitability or revenues (which is hitting 3 and 5 year high, respectively). But in terms of retail investors' exodus from equities, it is, indeed, true.
The stock markets have seen a time correction over the past five years, that is, the markets have been rangebound between 18,000 and 20,000 levels. The compounded annual growth rate (CAGR) of Sensex between January 2008 and October 2013 is down 86%.
The genesis of this article is a rather startling piece of advice I read on a personal finance website - to ensure the highest returns, long-term SIPs (systematic investment plans) in equity should always be between fifth and tenth of a month.
The question of Debt Mutual Funds verses Fixed Deposits has been going on for a long time. Which one serves better for the conservative investor? We take a close look and breaks it down, giving you the details you need to make an informed choice.
To beat volatility in equities, the strategy is to use systematic investment plans or buying in dips to average costs. Similarly, in the debt market, following the accrual strategy can help you beat the volatility of the debt market.
Recently, Reliance Infrastructure Fund merged into Reliance Diversified Power Sector Fund. Similarly, as at the end of FY13, as many as 27 schemes have already been merged compared to 46 same period last year, indicates Value Research data.