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Archive for the ‘Mutual Funds’ Category

When To Sell A Mutual Fund?

Start making the decision:
It is vital for an investor, to have long-term investment plans.  But he needs to constantly verify if these funds are helping him to achieve his financial objectives.

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Mutual Funds Myth Buster

Rahul is working for a mutual fund house. They have recently came out with an NFO (new fund offer). The day on which the fund house announced its maiden NAV (net asset value), he received lot of calls from investors asking why the NAV is at below par.

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Mutual Funds Mythbuster

Rahul is working for a mutual fund house. They have recently came out with an NFO (new fund offer). The day on which the fund house announced its maiden NAV (net asset value), he received lot of calls from investors asking why the NAV is at below par.

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FMPs a reason of cheer for mutual funds

As per the report in the Livemint; Mutual fund companies are seeing significant investments in fixed-income schemes, offering them a reason to cheer after months of more redemptions than sales and a continuous decline in the number of investor folios.

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Mutual Fund Industry loses 1.7 million equity folios

Business Standard reports that in the first six month of the current financial year the mutual fund industry lose close to 1.7 million equity folios, or 4 percent retail equity investors.

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MFs dig infra for big bucks

The mutual fund industry didn’t get anything from the finance minister, but that has not stopped them from exploring how they could work out some of the other proposals in direct taxes to their advantage .

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Make bright, the future of your child


In such a small life we want to achieve all those things which we have dreamed of and we impose our dreams on our children and wish that they also should achieve many more things in life.

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Investment options to Save Tax under Section 80C

No one likes paying tax and it prompts everyone to look for options that may reduce their tax liability. There are many provisions to do this and one of the most common options is the tax deductions under Section 80 C of the Income Tax Act.

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RBI Call on Debt Funds to Hurt Indian Funds

Heightened scrutiny by India’s central bank on debt investments by the country’s banks will take a toll on the domestic mutual fund industry’s asset growth, with banks set to shrink their fund holdings.

In recent weeks, the Reserve Bank of India has ratcheted up its rhetoric on the potential risk posed by the so-called circular trade between banks and mutual funds, where banks invest excess cash in debt funds while fund houses use a large portion of these debt fund proceeds to invest in banks’ certificate of deposits.

The central bank, in a private note issued to banks has asked banks to act as “self regulators” on their debt fund investments, three people familiar with the matter had told Dow Jones Newswires in mid-December.

Certificates of deposits are short-term instruments used by banks to raise funds.

While banks generally cut their mutual fund assets exposure at the end of each quarter to meet capital adequacy requirements, industry experts expect future data to show that the RBI’s moral suasion is having some impact.

Mutual fund assets in the quarter ended Dec.

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India Inc may lose tax cover on MF investments

Capital markets regulator Securities and Exchange Board of India (SEBI) wants the government to scrap tax benefits for corporates investing in mutual funds (MFs), a proposal, if accepted by the government, could deal a body blow to local asset management companies and other firms.

The regulator has also proposed to the government that the securities transaction tax, or STT, which is levied on buying or selling of stocks and on derivatives trade, should be cut by one-third and that a uniform stamp duty be levied and collected by a central agency.

These proposals have been forwarded to the finance ministry, in the run-up to the Budget, said a person with the knowledge of the proposal.

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Top 10 Mutual Funds in India

India can be an investors paradise or and investors nightmare. India was a region hit hard by the economic downturn of the last couple of years but has been bouncing back nicely from the nearly 53% lose taken last year.

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Now you could trade Mutual Funds on NSE

Sounds interesting after ETF’s now it the time for Mutual Funds to get traded.
The National Stock Exchange on Tuesday announced the introduction of mutual fund service system, a platform on which mutual fund units will be traded through the stock exchange infrastructure, from November 30.
The Bombay Stock Exchange is also developing a similar platform with Central Depository Services.
All trading members of the exchange who are registered with the Association of Mutual Funds of India as mutual fund advisors and who have signed up with specific AMCs will be eligible to participate in MFSS.

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Axis Mutual Fund launches its first equity fund

Axis Bank-promoted Axis Mutual Fund has launched its first equity fund, Axis Equity Fund, a diversified equity fund benchmarked to the S&P CNX Nifty.

“We aim to offer total investment solutions to consumers and not just individual products.

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