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Department of Financial Services noted that the clause on the valuation of AT1 bonds is disruptive in nature.
Financial advisors are of the view that first-time investors should stay away from NFOs and rather invest in funds that have a good history of returns.
A micro-SIP of Rs 100 can be the beginning of your investment journey
Mutual funds invest in certain debt instruments with special features — subordination or convertible to equity upon trigger of a pre-specified event for loss absorption
SIP AUMs and retail equity folios are at an all-time high at Rs 4.21 lakh crores and 8.07 crore respectively.
These funds track the index of the market or sector where they are invested
Investors book profit on back of soaring market
The portfolio will give exposure to asset classes like domestic largecap, midcap, corporate bonds, G-Sec, Gold, US Nasdaq
MFs cumulatively withdrew Rs 78,308 crore in the last nine-months between June 2020 and February 2021.
Indian mutual fund industry has registered a six-fold increase in AUM over the last 10 years, even though it has a long way to emerge as the preferred investment choice for retail investors