Debt Mutual fund investments are typically considered and positioned as one of the safe avenues for returns and parking money, but the recent incidents have proven that one has to be careful while choosing the right kind of debt mutual funds. It is important to understand the underlying risks that the investors are subjected to…
As Dussehra 2019 arrives, it brings a fresh wave of thought in our life. The festival of Dussehra signifies the victory of good over evil. The mythological stories associated with Dussehra cite the importance of curbing our greed and destroy bad intentions. Be it the story of Lord Ram killing the demon King Ravana or…
Why is My Mutual Fund Giving Negative Return ? Of Late the Indian financial ecosystem has witnessed NBFC crisis. Few Corporates failed to fulfill their obligation of repayment. This has resulted in the rating agencies downgrading the Corporate Papers. The mutual funds which had exposure to these NBFCs and debt papers had to take a…
What is an Offer Document in Mutual Fund? ‘Mutual funds sahi hai!’ It would not be an exaggeration if we say there would be no one who has not heard of this advertisement of late. Along with this, in every literature or advertisement about Mutual funds we see this standard disclaimer “Mutual Fund Investments are…
This debate started when direct funds were introduced in India, and almost overnight investor preference shifted to direct funds and away from professional advice. But, at its core, this is a question what action should one take. So, let’s understand what it takes to ensure that the action taken is successful. Bear in mind, the…
Pursuant to the PMLA (Prevention of Money Laundering Act) notification dated 1st June, 2017 issued by the Ministry of Finance, all investors (new and existing) will be required to mandatorily provide / update their Aadhaar numbers for all holders in any folio, before 31st December, 2017. Failing this, the folio would be locked as a…
Following a recent amendment in the Prevention of Money Laundering Act (PMLA) Rules, 2017, linking the customers’ Aadhaar numbers to their respective mutual fund accounts has become mandatory for mutual fund houses. An online facility to link mutual fund investments to Aadhaar has been launched by the Registrar and transfer (R&T) agent, CAMS (Computer Age…
Rekha’s family was in all joy when their little munchkin turned one recently. The birthday celebration was a big pomp and show. Apart from the several birthday gifts the little one received, the birthday baby was gifted with INR 50,000 from her grandparents. Rekha wanted to exclusive save it for the child as a token…
The recent guidelines from Sebi on consolidation and merger of mutual fund schemes, would reduce the clutter and make it simple for the investors to easily compare the performance of various mutual fund schemes offered by the fund houses. Uniform definitions for fund categories were brought out by Sebi, in a bid to lessen the…
Right from getting your kid admitted into a school till getting a death certificate for the dead, there is no way escaping Aadhaar. Linking Aadhaar is becoming extensively mandatory everywhere and the list is expanding. For now, here we compiled a list of 10 most important documents to be linked with Aadhaar to make your…