If you want to save for your retirement, it is feasible as well as advisable to invest in mutual funds across categories. Equity mutual funds enable long long-term wealth creation, debt schemes provide security. Additionally, investors can also allocate some …
MUMBAI : People who hold mutual fund (MF) units in Statement of Account (SoA) form—that is, outside of demat accounts—can now add or remove joint holders and transfer those to others online. On 17 June, Mint covered the step-by-step process …
If you are planning to invest in a large cap mutual fund, it is vital to evaluate the past few years’ returns of that scheme and compare the same with those of other schemes in the same category. How does …
As a new mutual fund investor, one of the most common dilemmas one tends to face is the category of fund wherein one should invest. Typically, investors are recommended to opt for an index mutual fund which hedges the risk …
Until recently, mutual fund units could only be transferred between parties if held in dematerialized (demat) form. But with the latest changes, unitholders in non-demat form can carry out transfers directly via RTA websites like CAMS and KFintech. Read this …
Many parents invest in mutual funds on the children’s behalf. But once the child turns 18 – going from minor to major – there’s some paperwork required to ensure these investments can continue without a hitch. Here’s how it works. …
Best mutual funds: Wealth creation includes saving money for long term financial goals such as buying a dream house, retirement and children’s education. There are some solution-oriented mutual funds which help investors meet these specific financial goals over a period …
If you have a young son or a daughter, investing for their higher education is a no brainer. Some tend to invest in PPF, whereas some have a special love for fixed deposits (FDs). A few prefer to invest in …
If you invest small amounts consistently over a long period of time, it can grow to a large corpus. The returns earned over a long tenure are generally disproportionately higher than what you earn over a short period. This happens …
If you want to make the most of stock market volatility, it is important to invest in mutual funds via systematic investment plans (SIP). Investment made via SIPs gives the benefit of rupee cost averaging, which is an effective way …