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Further, cash to the tune of Rs 580 crore was available for distribution as on June 15, Franklin Templeton MF said
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HDFC Banking and Financial Services Fund: The NFO aims to generate long-term capital appreciation for investors
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In the month of May mutual funds increased weightage on PSU Banks, Oil & Gas, Automobiles, Capital Goods, Insurance, and Private Banks.
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While debt mutual funds are safer than the equity funds, the reality is that they do carry certain risks
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Equity AUM of domestic MFs increased 7.7% MoM to Rs 11.1 lakh crore in May 2021.
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"I would advise investors to continue with their SIPs and when there is a sharp fall, use it to deploy more equity investments," he said
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Following the outbreak of the Covid-19 pandemic last year, the yields at the long end were mostly anchored in the band of 5.90% - 6.25%
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Over the last few years, passive funds in India have emerged as a choice of investors
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A small amount of money invested regularly can create a huge emergency corpus for the future
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There is no right time for a mutual fund investor to exit the investment but there has to be a reason to redeem it