Investor base of mutual funds doubling to 2.39 crore as of 30 June 2021 from 1.19 crore at the end of March 2017
It is only a matter of time before mutual funds become a preferred asset class compared to fixed deposits.
An investment of Rs 1 lakh at inception would now have grown to a corpus of Rs 87 lakh, while a SIP of Rs 10,000/month would have grown to Rs 9.57 cr
Balanced Advantage Funds are best suited for volatility-averse investors, seeking 2-3% higher returns than debt funds, says SRE Wealth's Kirtan Shah.
The new fund offer by Tata Mutual Fund opens on 16th July 2021 and closes on 30th July 2021
The unique investor participation in the mutual fund industry stood at 2.39 crore holding around 10.25 crore folios across 1,554 mutual fund schemes
Inflows into equity and equity-linked open-ended schemes were at Rs 5,988.17 crore in June.
The chief investment officer of PPFAS Mutual Fund believes in a bottom-up approach in selecting stocks and sticking with them for a long time.
The increasing affinity towards the mutual funds can be attributed to the declining bank interest rates
Weekend Investing’s Alok Jain explains what smallcase investing is and how it is different from buying stocks directly or mutual funds