Making the most of price correction, the month of October recorded the highest ever monthly purchase by domestic mutual funds in equities (net buyers of INR 239bn in Oct-18). Existing cash chest coupled with relentless inflows (INR 155bn in October) into equity schemes has been one of the key reasons behind this. Mutual funds aggressively … Read more
This Aditya Birla Sun Life Frontline Equity Fund has made Rs 1.82 crore in 20 years with monthly instalments of Rs 10,000. The holdings include 85.6% large-cap companies, 9.31 per cent mid-cap and 2.1 per cent small-cap companies. Holdings include ICICI Bank, HDFC Bank, Infosys Ltd., Reliance Industries, and Larsen & Toubro. You work throughout … Read more
In a simple one line, the mutual fund is a collection of money from investors to buy stocks or bonds. It is a pool of money where many individuals (investors) come together and pool their money, it is called a mutual fund. There are 45 AMC (Asset Management Company), commonly known as fund house. They … Read more
As the financial landscape evolves and the need for financial security grows, mutual funds have become a popular investment option for many people. Mutual funds are an investment vehicle that pools money from multiple investors to buy a portfolio of stocks, bonds, or other securities. In this article, we will explore the reasons why you … Read more