Latest Saving, Investing & Mutual Fund Articles

Many investors have substantial amounts lying idle in their savings bank accounts – as on 14th June 2024, र 25,35,399 Crores were deployed in savings and current account. Interest on savings bank balance is currently around 3%. Savings bank interest is taxable under the head “Income from other...

Bank of India Mutual Fund has launched a new fund offer (NFO), Bank of India Business Cycle Fund. The fund focuses on riding business cycles by identifying and investing in growth themes through dynamic allocation across sectors and stocks at different stages of business cycle, resulting from the impact of medium...

Equity market has enjoyed a long bull run for past 2 years. The leading indices are near all time highs. The broader market has outperformed the Nifty 50. As per AMFI data, in May 2024, assets under management (AUM) in midcap funds crossed AUM of large cap funds for the first time. When market is at record high, there are...

Motilal Oswal MF has launched a New Fund Offer (NFO), Motilal Oswal Business Cycle Fund. The fund will invest in themes that are likely to benefit in the current business cycle phase. India is currently going through an expansionary economic growth phase. By investing in companies and sectors...

Mirae Asset Large and Midcap Fund is one of the most popular diversified equity funds among retail investors. The fund has the highest asset under management (AUM) in the large and midcap funds category. According to SEBI’s mandate, large and midcap funds must invest minimum 35% of their assets in large cap...

SBI Mutual Fund has launched a New Fund Offer, SBI Innovative Opportunities Fund, an open-ended equity scheme following the innovation theme. The fund will seek to identify investment opportunities in companies which are innovators (demonstrated through innovation in product/process or through innovative business...

Canara Robeco Consumer Trends Fund is one of the best performing consumption funds over the last 10 years. If you invested Rs 1 lakh in this fund 10 years back, your investment would have multiplied nearly 5.5X to Rs 5.37 lakhs. India is a consumption driven economy – historical data shows that consumption...

We have to face the challenge of dealing with multiple financial goals throughout our life. As we go through different stages of life, new goals get added. As our income increases, lifestyles and financial goals also change. The one challenge that remains throughout is that even though our goals keep multiplying...

The projection for India to become the third largest economy in the world within 2030 does not seem like a mere dream. The resurgence of Indian economy fuelled by the upsurge in the performance of the various sectors is inevitable. CAPEX from govt, rural penetration of banking, rising adoption UPI in the payment ecosystem...

Bajaj Finserv MF has launched a New Fund Offer, Bajaj Finserv Large Cap Fund. This is the third equity product offering by Bajaj Finserv. The fund will invest in the top 100 companies by market capitalization. The NFO has opened for subscription on 29th July 2024 and will close on 12th August 2024. In this article...