A tax benefit of Rs 1,300-3,000 a month isn't huge, but the Budget proposals on individual taxation came as a huge relief as the benefit came after many years in the form of increase in the basic exemption limit to Rs 2.5 lakh (Rs 3 lakh for senior
Launched in April 2008, Mirae Asset India Opportunities Fund has been ranked CRISIL Fund Rank 2 in the diversified equity category under the CRISIL Mutual Fund Ranking for the quarter ended March 2014. Average assets under management (AUM) of the fund for
“What do you expect me to do, will I remain a mute spectator, if they (regulators) quarrel like petulant children?" With this famous statement, former finance minister Pranab Mukherjee (now President) justified setting up Financial Stability
Nandhumar SurtiNandkumar Surti, chief executive officer of JPMorgan AMC, talks to Chandan Kishore Kant about the markets and the economy. Edited excerpts:Do you see more players exiting the MF business from India?There will be some more pain points.
Most of us are fairly certain on what to look for when buying a fund. But we often part ways on when to sell or even curb fresh investments. Here are five prominent reasons as to when investors should look at reshuffling their mutual fund portfolio.
While the Securities and Exchange Board of India (Sebi) has been fighting a tough legal case with the Sahara group in the past few years, it introduced an interesting guideline in November, 2012 by allowing cash investments up to Rs 20,000 in fund houses
The mutual fund industry may be going through tough times but this does not seem to have slowed down the players who have come up with several interesting innovations and measures in the last few years.
Disruption is happening all the time. And it will happen in the active investing business too. What is active investing? Anything which starts from intraday trading to mutual funds can be bundled as active investing.