Latest Saving, Investing & Mutual Fund Articles

Axis Mutual Fund has launched a new fund offer (NFO), Axis Nifty 500 Momentum 50 Index Fund. This is a factor based passive fund which will track Nifty500 Momentum 50 Index which comprises of 50 high momentum stocks selected from the large, mid and small cap stocks from the composition of Nifty 500 Index. The...

The market has been very volatile for the past few months. Volatility gripped the market in the last 3 months of 2024, and Nifty closed the year below the 24,000 level, down nearly 2,500 points from its record high due to heavy FII selling. Concerns about the pace of Fed rate cuts in the US, INR depreciation and...

The last few months have been very volatile for the Indian markets. The Nifty crossed the 26,000 level, hitting its record high in September 2024. Uncertainty about pace of rate cuts, INR depreciation and heavy FII selling sent the market tumbling down nearly 1.4% on November 21st 2024 closing Nifty at...

As this financial year draws to a close, it will be useful to remind taxpayers in the old tax regime, to complete the tax savings (80C) before the deadline of 31st March 2025. Though Public Provident Fund or Voluntary Provident Fund have the traditional tax saving investment options under Section 80C...

LIC Mutual Fund has introduced a promising investment opportunity, the LIC MF Multi Asset Allocation Fund. This new fund offer (NFO) opens from 24th January 2025 & closes on 7th February 2025. This investment opportunity aims to address the evolving needs of Indian investors seeking balanced growth, reduced volatility...

This is the main part or the core of your investment portfolio. The primary objective of your core portfolio will be to achieve your long-term financial goals. Diversification, stability, and growth should be the main characteristics of core portfolio. Your core portfolio should primarily comprise of passive funds, diversified...

Investors who opted for the Old Tax Regime can claim deductions of up to Rs 1.5 lakhs from their taxable income by investing in eligible schemes under Section 80C. Equity Linked Savings Schemes, which are market linked investments, offer tax savings and wealth creation opportunities for investors. In this...

Passive funds have surged in popularity globally. As per AMFI data, passive assets under management (AUM) multiplied 6X in last 5 years. ETFs account for 73% of the passive AUM, while index funds account for nearly 27% of the passive AUM. Nippon India Mutual Fund is a pioneer in passive investing in India...

FY 2024-25 will be the third full fiscal year since India’s economic recovery began after the COVID-19 pandemic. Continuing on strong GDP growth trajectory of FY 22-23 (7% GDP growth1) and FY 23-24 (8.2% GDP growth1), the Reserve Bank of India has forecasted India’s real GDP to grow at 6.5% in FY 24-25 (source...

Groww Mutual Fund has launched a New Fund Offer (NFO), Groww Nifty India Railways PSU Index Fund. The fund will track the Nifty India Railways PSU Index Fund. The index comprises of Public Sector Undertakings (PSU) and other organizations functioning under the Ministry of Railways. Stocks from the eligible universe...