Currently, Punjab and Sind Bank is giving the highest interest rate on fixed deposits to both general and senior citizens.
Small investors are investing heavily in thematic and small cap funds.
Retail inflation has again increased for second time in a row to four month-high of 5.69 per cent in December 2023 on back of rise in vegetable, fruit prices.
There are market-cap-specific indices as well such as Nifty50, Nifty Midcap 150, and so forth.
When it comes to investing in volatile equity funds, online tools such as SIP calculators are very helpful.
One can start an SIP with as low as Rs 100 and gradually increase the investment as the financial situation improves.
Large cap funds aim for portfolio stability. Mid cap funds provide potential for high growth. Investors stand a chance to reap benefits of both these features in large and mid-cap funds.
An investor has the choice to invest either through online or offline mode in Index Funds.
It is preferable to choose a suitable mutual fund scheme that aligns with one’s financial goals, risk appetite and investment horizon.
In the last five years, SIP AUM's annual growth rate has been double of that of the AUM of the entire mutual fund industry in India.