Mirae Asset Large Cap Fund has recently completed 15 years. If you invested Rs 1 lakh in Mirae Asset Large Cap Fund at the time of its NFO, your investment would have grown to Rs 7.75 lakhs (as on 1st April 2023). The chart below shows how your investment would have grown over the last 15 years despite many...Read More
As a child I grew up with the notion that the west was the land of opportunities. And it was the same for thousands of teenagers growing in the “just liberalized” India. The dream of many Indian students...Read More
We waited in anticipation for the world to end but it continues to revolve. We anticipated that 2013 was going to wreck havoc on humanity. Here we are, standing at the edge of a new year with a feeling of nostalgia...Read More
There is a perception among some people that if you are single you do not need life insurance. On the face of it, the logic seems to make sense. Since single people do not have spouse and children to provide...Read More
Services sector is the largest contributor to India’s GDP, contributing nearly 55% to Gross Value Add (source: Press note on provisional FY 2023-24 GDP estimate, Ministry of Statistics & Programme Implementation, Government of India). The services sector is also a major source of employment in our country accounting...Read More
According to SEBI mandate, Aggressive Hybrid Funds invest 65-80% of their funds in equity and equity related instruments while the remaining 20- 35% is invested in debt and money market instruments. This ensures long term capital appreciation due to the equity exposure coupled with downside protection offered by...Read More
How are newspapers dealing with the digital era globally? As usual the answer is as one would expect it to be in a fickle minded world. While some newspapers are dealing with it well, others are living in denial. In...Read More
This is a story about two friends who had a completely same lifestyle. Mansukh and Chintamani, both of them had sons named Sukh and Mani respectively. They were of same age, studying in 5th...Read More
Volatile markets remind investors the importance of asset allocation in their financial planning. Asset allocation reduces portfolio volatility, limits downside risks and helps investors meet their investment objectives. Hybrid mutual funds are effective and tax efficient asset allocation solutions. These funds invest in both debt and equity...Read More
Global and Indian equities made a strong comeback in November after remaining volatile in October. The Nifty is back above the 20,000 level and the S&P 500 also posting strong gains in November. The Indian economy continues to be strong with Q2 GDP growth rate of 7.6% surprising...Read More