ICICI Prudential MIP 25 has been one of the most consistent mutual fund Monthly Income Plans (MIPs) over the last 5 years. The fund has consistently been in the top two quartiles every year over the last 5 years (please see the Most Consistent Debt...Read More
A recent research on retirement planning conducted by Reliance capital asset management in association with IMRB international reveals shocking data on the percentage of people actually planning for retirement in India. With an increase in the...Read More
Are relative returns important for mutual funds? Some financial advisors say that investors should be concerned only about absolute returns. If investors are able to meet their financial goals through mutual funds, it does not matter how...Read More
SBI Savings Fund is an ultra-short term debt fund which offers instant redemption. Ultra-short term debt funds are money market mutual fund schemes, which invest in very short term fixed income securities like commercial paper, certificate of deposits...Read More
The true meaning of the word Life Insurance made sense to me when my neighbour Raghu suddenly expired one morning. Raghu met with a sudden heart attack and declared dead on arrival at hospital. His family had no clues as to what to do in a...Read More
The Reliance CPSE ETF was over-subscribed 4 times first day. As per a Business Today report, the anchor investors put in Rs 6,000 versus Rs 1,500 crores reserved for them. For the benefit of our readers, anchor investors are institutional investors who...Read More
With less than three months remaining before the close of this financial year, maximum tax saving is likely to be one of the most important financial considerations for many. From FY 2015 onwards investors can save up to...Read More
If you had started a monthly Systematic Investment Plan of र 10,000 in Reliance Tax Saver Fund 10 years back, by now you would have accumulated a corpus of nearly र 28.51 Lakhs with a cumulative investment of just र 12 lacs. In fact Reliance Tax Saver...Read More
In today’s times of fast lifestyles and rising inflation, it has become necessary to save money every month and also deposit it in a safe place. This ‘safe place’ is the savings bank account – it helps you deposit your spare cash and also earn interest on it...Read More
2016 was a bumper year for Initial Public Offerings (IPOs) in India. Indian companies raised Rs 26,500 Crores by listing themselves on stock exchanges in 2016, the highest since the heydays of 2007. Most of the 2016 IPOs made...Read More