Introduction: When it comes to smart investing, mutual funds have long been considered a cornerstone. They offer a diverse range of investment options and strategies, making them a popular choice among both novice and experienced investors. One of the intriguing aspects of mutual funds is their ability to distribute dividends, which is a significant source …
Planning for retirement is crucial for ensuring financial independence and peace of mind in your golden years. One effective strategy to achieve this is through Systematic Investment Planning (SIP), a disciplined approach to saving and investing that can yield substantial returns over time. Let’s delve into how SIP can pave the way for a comfortable …
When planning for retirement, ensuring a steady income stream is crucial for financial stability and peace of mind. Two common methods employed for generating regular income from mutual funds are Systematic Withdrawal Plans (SWP) and Income Distribution Cum Withdrawal (IDCW) plans. Let’s delve into the specifics of each Systematic Withdrawal Plan (SWP) A Systematic Withdrawal …
Investors often use the Systematic Withdrawal Plan (SWP) in mutual funds to ensure a steady monthly income. SWPs are particularly popular among senior citizens seeking a regular income stream post-retirement. While SWPs can be set up in equity, hybrid, or debt mutual funds based on individual risk appetite and financial goals, small-cap funds have demonstrated …
Old age, like everything else, requires preparation and planning to be successful. The famous quote by Theodore Roosevelt, “Old age is like everything else. To make a success of it, you’ve got to start young,” aptly captures the essence of retirement planning. To ensure that you have a financially secure future, it’s crucial to start …
The ICICI Prudential Bluechip Mutual Fund stands out as a reliable choice for investors looking to tap into the potential of large-cap stocks. In this blog, we’ll delve into the fund’s key features, its portfolio strategy, and why it might be a suitable option for your long-term financial goals. Understanding the ICICI Prudential Bluechip Mutual …
Motilal Oswal Mutual Fund is launching a new fund, the Motilal Oswal Quant Fund. This fund aims to grow your investment over the medium to long term by picking stocks and similar investments using a computer-driven system (quantitative investment framework). It is an open-ended fund, so you can buy and sell units whenever you want. …
A surge in Sectoral and Thematic Fund Inflows The Association of Mutual Funds of India (AMFI) released data on June 10, revealing a significant inflow of Rs 19,213 crore in the sectoral and thematic fund category for May. This surge was primarily driven by the new fund offer (NFO) of HDFC Manufacturing Fund, which played …
Mirae Asset Mutual Fund announced the launch of Mirae Asset Nifty EV and New Age Automotive ETF, an open-ended scheme tracking NIFTY EV and New Age Automotive Total Return Index. This fund will be India’s first exchange-traded fund (ETF) focused on Electric Vehicles and the New Age automotive segment. How will it work? The new …
Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund is an Open-Ended mutual fund scheme launched by Mirae Asset Mutual Fund on July 8th, 2024. The scheme aims to provide long-term capital appreciation by investing in units of Mirae Asset Nifty200 Alpha 30 ETF. The New Fund Offer closes on July 22nd, 2024 and requires …
