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Ask the Expert

Q. Dear Sir, My age is 36 years, and I am working in IT department of a private sector company. Please suggest how should I allocate my savings for tax saving section u/s 80C of Rs. 1.5 Lakhs. -Sunil Mathur, Gurgaon

Should you invest in a Fixed Maturity plans?

Fixed Maaturity plans (FMP) are closed-end debt mutual funds that have a specified tenure. They invest in fixed-income securities that mature at around the same time as the fund.

MUTUAL FUND NEWS

News Update

INSURANCE NEWS

Title insurance and surety insurance to be introduced soon

Water: The Elixir of Life

Scientists say water is the medicine that prevents & cures all major diseases:

Understand Balanced Advantage Fund's Strategy Before Investing In It

One category that investors can turn to during these times, when the equity market is touching new highs—the Sensex recently crossed the 56,000 mark in intraday trading—is balanced advantage fund or dynamic asset allocation (BAF/DAA) fund.

When Investing In An ETF, Pay Heed To Liquidity

More sophisticated ones may also consider its tracking error.

What Should Mutual Fund Investors Do When Market Senses Correction?

The major stock market indices are looking a bit shaky near their all-time highs.

Importance Of Critical Illness Health Insurance Plan During Covid-19 Pandemic

Covid-19 pandemic has brought the focus on buying adequate health insurance coverage for self and family. While the hospitalization costs are running into a few lakhs of rupees, the post recovery process is also showing matters of concern.

A Doctor Within You: Your Immune System

The fact that you survive is due to your immune system—a fascinating network of chemicals and cells that protect your body.

“We are currently witnessing a triveni sangam of money, market sentiments and fundamentals” -Nilesh Shah

Nilesh Shah is Group President and Managing Director of Kotak Mahindra Asset Management Company Limited. Nilesh was part of the team that has received the Best Fund House of the Year Award at all the mutual funds where he worked viz. Kotak MF, ICICI Prudential and Franklin Templeton over last three decades. Nilesh is Chairman of Association of Mutual Fund in India (AMFI), Member of Mutual Fund Advisory Committee (MFAC) and a part time member of the Economic Advisory Council to the Prime Minister. Nilesh was featured in Top 50 People of India by India Today for CY 20.

Know about fund options and pension fund managers before investing in NPS

The National Pension System (NPS) is a defined contribution retirement savings scheme, managed by the PFRDA and comes with several features and quite a handful of options.

Know The Essential Things About Investing In Equity Mutual Funds

Both, new and existing equity mutual fund investors start investing to save for their long-term goals. What they need to be aware of is that the volatility is a part and parcel of the stock market and returns may keep fluctuating over time. However, when held for long period, the NAVs are seen to drift upwards thus delivering a return higher than what other assets give.

How Should You Build Your Debt Mutual Fund Portfolio Now?

For the past several years, interest rates within the economy have either come down or remained stable. But, experts believe that interest rates have bottomed out now and could well travel in the upward direction in the near future. Therefore, the investment strategy in debt funds that worked very well in the past is not likely to work in the future.

What makes child insurance plans a unique investment option for kid's education – Find out

Covid-19 has impacted the school and study schedule of kid’s big time. But, that does not mean their long-term education plans and higher studies may see the same fate. Your planning towards higher education should be crystal clear as far as the course and the financial support that the child needs when they grow up.

Retiring Soon!

Here’s a guide to help you plan your finances for a comfortable retirement

Through the Lens – Fixed Income Outlook

Due to the second wave of Covid-19, rate hike expectations have been pushed into next financial year provided we do not have a severe third wave and we are able to vaccinate majority of the population. The RBI governor has indicated that premature withdrawal of accommodative monetary policy stance can reverse the trepid growth momentum which has built up in the economy.

SHOULD YOU INVEST IN REITS?

A new development has occurred that is likely to draw more retail investors towards Real Estate Investment trusts (REIT). The Securities and Exchange Board of India (Sebi) has amended its regulations for REITs. Henceforth, investors will be able to apply for the IPO (initial public offer) of a REIT with as small an amount as Rs. 10,000-15,000. And they will be able to buy and sell just one unit of these instruments in the secondary market. Earlier, the minimum investment requirement was much higher and hence beyond the reach of many retail investors.

MUTUAL FUND NEWS

SBI MF has maintained its top position in the mutual fund rankings with a 4% growth in AUM in the first quarter of FY 2022. The fund house managed Rs.5.23 lakh crore assets at the end of June compared to Rs.5.04 lakh crore at the end of March 2021, which shows the latest AMFI data. In absolute terms, the AUM of the fund house rose by Rs 18,743 crore.

INSURANCE NEWS

The study further shows that while majority of Indian investors especially young investors prefer investing in financial product through SIP, people in their 40s and above prefer lump sum investment.

OUR BODY IS THE HERO

A Briton named Robert Sohart was exploring a forest when he saw a wild pig coming at him from the front. Only a miracle could save him. And the miracle happened - a complex, wonderful chain reaction inside his body.

Financial Planning - Ask the Expert

Interest rate can be changed by RBI on either of the two dates i.e. 1st January or 1st July. Now, the next revision is due on 1st January 2022 when RBI may decide to either change the rate or keep it same.

Know The Watchouts Before Investing In Mid-Cap Mutual Funds

The mid-cap funds as a category has generated a return of nearly 75 per cent over the last year.

ENTER SMALL-CAP FUNDS WITH A LONG INVESTMENT HORIZON

Small-cap funds have enjoyed a very good run over the past year. The best performing fund has given a return of 177 per cent, while the category average return stands at 101 per cent (as of June 21, 2021). While investors may still enter these funds despite the massive run-up, they need to observe a few precautions.

BE WARY OF OVERPAYING IN AN IPO

The primary market has been strong in recent months owing to bullish sentiment in the secondary market. Promoters have been taking advantage of these conditions to list their companies.

INSURANCE NEWS

1. General insurance industry is set to grow by 7 to 9% in CFY as per ICRA

Happily, Retired Ever After: Optimising Asset Allocation for a Peaceful Retirement

There is an interesting dichotomy that exists among investors.

Nimesh Chandan is Head – Investments Equity at Canara Robeco Asset Management

PROFILE: Nimesh Chandan is Head – Investments Equity at Canara Robeco Asset Management, a joint venture between Canara Bank, India and Robeco Group, Netherlands which is now a part of ORI Corporation, Japan.

Learn the Magic of Self-Talk

Lifestyle Planning

Stock market sensing correction? Here is what equity mutual fund investors may do now

The stock market indices, Nifty 50 and Sensex 30 are at an all-time high. With valuations becoming expensive, a dip in the stock prices may be expected. Also, with the shadow of Covid-19 receding and economies opening up globally, there could be new challenges to face for the markets.