When you make purchases in your life, like buying a household appliance, you are likely to do thorough research and carefully choose what to purchase. In this blog, we will discuss the five basic things you need to know before investing in mutual funds for the first time. Top 5 Things to Know Before Investing in Mutual Funds Let’s quickly …
Under the regulatory framework established by the Securities and Exchange Board of India for mutual funds, asset management companies are permitted to levy specific operating expenses, known as the Total Expense Ratio, for the management of a mutual fund scheme. Presently, the mutual fund expense ratio in India operates with fungibility, signifying that there exists no specific cap on any …
An efficient financial planning should always aim at generating optimum returns from an investment portfolio. Here I will suggest some tips for fixing the gaps in your investment portfolio for generating optimum returns: Invest in equities to achieve long term financial goals: Many investors fail to appreciate the impact of inflation on their investment portfolios and financial goals. Thus, investors …
“The problem is people are not saving enough or, rather, the expenses are too high," says Suresh Sadagopan, principal officer, Ladder7 Wealth Planners Pvt. Over a period of time, I developed some maturity in the financial advisory business and my fees also went up. View Full Image Suresh Sadagopan’s journey as financial planner In 2010, we moved towards the advisory …
A presentation by IDFC Mutual Fund to its distributors has outlined five key trends in Systematic Investment Plans over the past 5 years - FY2016-17 to FY 2020-21. SIPs steadily rising: The number of SIPs has grown to 3.73 crore in March 2021 from 1.35 crore in March 2017. Of the industry-wide SIP book of Rs9,182 crore in March 2021 …
