Zerodha plans to allow mutual fund purchases directly on its equity trading platform Kite, eliminating the current redirection to its separate app Coin. Investors can already view their mutual fund holdings on…
Business cycle funds let a manager rotate between sectors, themes and market caps based on the economy's phase, promising investors a tax-efficient way to delegate timing decisions. The category differs sharply from…
JioBlackRock Asset Management, a joint venture between Jio Financial Services and BlackRock, will now offer regular plans for eligible mutual fund schemes, allowing investors to buy them through registered distributors. The fund…
Switching from a regular to a direct mutual fund plan is treated as redemption of the existing units and a fresh investment, making any capital gains taxable in the year of the…
Parents face growing difficulty planning education funds as children change career interests frequently, with over 3,000 new-age occupations now available. Financial advisers recommend a three-layer investment approach: a core fund for baseline…
Owning several mutual fund schemes does not automatically mean a portfolio is diversified, according to experts cited by Livemint. Rhishabh Garg, CEO of FundsIndia.com, said the number of funds an investor holds…
ICICI Bank has overtaken HDFC Bank as the most valued stock in mutual fund portfolios for July, ending HDFC Bank's three-year run at the top. Mutual funds now hold Rs 3.01 lakh…
Unit Linked Insurance Plans (ULIPs) combine life insurance with investment, but many experts recommend term insurance or mutual funds instead, the Hans India reports. When a policyholder pays a premium, the insurer…
Livemint reports that true financial freedom requires more than wealth creation; it needs a holistic plan including life insurance, emergency savings, and disciplined SIP investing. Niraj Shah, ED and CFO of HDFC…
SEBI whole-time member Amarjeet Singh revealed that 34% of SIP assets in regular mutual fund plans have been held for over five years, compared to just 20% in direct plans. The data,…
