Mutual Funds

Investors can buy the units of DSPBR Equity Fund, considering the fund’s track record in delivering strong returns and its ability to contain downsides quite well during periods of market volatility. DSPBR Equity invests in stocks across market capitalisation segments — large, mid and small — taking advantage of any particular momentum in the market. [...]

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Investors can consider adding the HSBC Dynamic Fund to their portfolio. Though the fund is relatively new , it has done well to contain its downside in turbulent markets. Not only has it significantly outpaced its benchmark, the BSE 200 but it has also bettered its returns over some of the well-established large-cap funds such [...]

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Nothing much fascinating this year for the Indian Stock Markets. In the third week of the year market saw a night mare. Except that we saw many stocks reaching their lifetime high in Jan first and second week. Third week onwards investors started loosing their money as there we two consecutive lower circuits on 21 [...]

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Birla Sun Life Mutual Fund has added the facility of insurance in its Birla Sun Life Tax Relief 96 scheme. The facility would provide investors insurance upto Rs.10 lakhs till the age of 55 years against nine critical diseases. Birla Sun Life Tax Relief is an open ended equity linked scheme; the dividend option under [...]

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IDFC Mutual Fund (MF) has launched IDFC Tax Advantage (ELSS) Fund an open-ended equity linked saving scheme. The scheme opened for subscription on Dec. 01, 2008 and closes on Dec.17, 2008. The units of the scheme will be available at Rs 10 per unit. Objective IDFC Tax Advantage (ELSS) Fund seeks to generate long-term capital [...]

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A Reuters poll says that mainly large caps stocks are a attraction of domestic Mutul Funds Companies. Indian large caps and financial sector stocks are likely to attract them for next 3-4 months as they hope for stock market rebound. Three-fourths of the respondents in the Reuters Asset Allocation Poll conducted between Nov. 21 and [...]

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Reeling under the liquidity pressure, the mutual fund industry could see more bailout deals — similar to the takeover of Lotus India Asset Management — in the coming days, say industry experts. “One or two more such kind of transactions may be seen in days ahead but that will mainly be for bailing out some [...]

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FMP or FD. Confused ??

by Chirag on August 12, 2008

in Uncategorized

By number of funds as well as money invested, one of the most important type of mutual fund in India is something that is generally called a Fixed Maturity Plan. Of the 1920 mutual funds that are currently available, no fewer than 805 are FMPs, as they are known. And of the Rs 5.61 lakh [...]

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Mutual Funds Basics.

by Chirag on August 11, 2008

in Uncategorized

What are Mutual Funds? A Mutual Fund is a trust that pools together the savings of a number of investors who share a common financial goal. The fund manager invests this pool of money in securities – ranging from shares and debentures to money market instruments or in a mixture of equity and debt, depending [...]

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1] The type of Insurance is Group Insurance Policy. The cheapest and easiest form of insurance policy available with any insurance company. 2] Only the 1st Holder is insured. So, in case, a couple subscribes to SIP +Insure then only one person can avail of the insurance benefits. 3] The Sum Assured, in case of [...]

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