Flexicap funds have been attracting attention for their versatile investment strategy and decent returns. These funds are seen as a strong choice for investors who seek flexibility and long-term growth potential. Here’s how Flexicap funds stand out and why they might be the right fit for your portfolio, according to Sandeep Bagla, CEO of Trust […]
This mutual fund has turned ₹10,000 monthly SIP into ₹2.30 crore in 20 years – CNBC TV18
A monthly Systematic Investment Plan (SIP) of ₹10,000 in the ICICI Prudential Value Discovery Fund, starting from its inception, has turned ₹24 lakh into a ₹2.30 crore as of July 31, 2024. This represents a CAGR of 19.41%. In comparison, the same investment in the Nifty50 TRI would have grown at a CAGR of 14.21%. […]
LIC MF Focused Fund to shift strategy from large-cap to multi-cap: What investors should do – CNBC TV18
LIC Mutual Fund has announced a change in its LIC MF Focused Fund. The fund will move from a large-cap focus to a multi-cap strategy starting September 24, 2024. This means the fund will now invest across large, mid, and small-cap stocks while continuing to limit its investments to 30 companies. Exit option investors Unit […]
Maruti Suzuki adjusts deferred tax liability provision due to indexation benefit withdrawal – CNBC TV18
Maruti Suzuki has announced that it will increase its accounting provision for deferred tax liability by approximately ₹850 crore for the financial year 2024-25. This adjustment follows the withdrawal of indexation benefits on mutual fund investments, which was announced in the recent tax rule changes. The company’s provision, originally created on June 30, 2024, is […]
Active thematic funds vs diversified funds: Where should you invest for maximum returns – CNBC TV18
The mutual fund industry has witnessed significant inflows into sectoral and thematic funds, attracting approximately 42% of active mutual fund flows in 2024. In June alone, inflows into these funds reached ₹22,350 crore, accounting for 55% of total active flows. This surge has reignited interest in the nuances of thematic and diversified funds. Thematic Funds: […]
Why infrastructure and defense mutual funds are gaining popularity among investors – CNBC TV18
In the first half of FY24, infrastructure and defense funds have shown decent performance, driven by a combination of supportive government policies and increased sectoral investments. As we move into the second half of FY24, the outlook for these funds remains promising. To understand what lies ahead, we spoke with Yogesh Patil, Chief Investment Officer […]
Understanding the Expense Ratio in Investment Funds
An expense ratio is a key metric that measures the costs associated with managing and operating an investment fund, such as mutual funds or ETFs. Represented as a percentage of the fund’s average assets under management (AUM), it includes management fees, administrative fees, and other operational expenses. Raj Khosla, Founder & MD of MyMoneyMantra.com, stresses […]