Equity mutual fund inflows dropped 22 per cent to Rs 33,430 crore in August as compared with Rs 42,702 crore in July, according to data released by the Association of Mutual Funds in India (AMFI) on Wednesday, September 10. The inflows declined by almost 13 per cent YoY. It was 38,239 crore in August 2024. …
Teacher’s Day Special: In the run-up to the occasion of Teacher’s Day, Zee Business hosted a special segment where market guru Anil Singhvi engaged in a thoughtful conversation with Navneet Munot, MD and CEO of HDFC Asset Management Company. During the conversation, Munot shared several insights on the qualities that new investors must keep in…
Systematic Investment Plans (SIPs) and Recurring Deposits (RDs) are both popular ways to invest small amounts regularly. While both require a fixed monthly contribution, they differ in returns, risk and flexibility. SIP: Market-Linked Growth In a SIP, a fixed sum is invested in mutual funds at regular intervals. The amount is auto-debited from the bank account and…
From 0 to Rs 1 crore: Creating the first Rs 1 crore from investments is a large milestone for most people. Once achieved, the next Rs 1 crore may come sooner. But how much monthly SIP or lump sum amount do you require to generate your first Rs 1 crore if you want to get…
Through a Systematic Investment Plan (SIP), you can invest a fixed amount regularly in mutual funds, such as daily, weekly, quarterly, or monthly. A Systematic Investment Plan (SIP) is an investment strategy by which you can invest a certain amount at regular intervals in a mutual fund or scheme of your preference. It is not…
A Systematic Investment Plan (SIP) is a simple and smart way to invest in Mutual Funds. Instead of investing a large amount at once, you can invest small amounts regularly, like daily, weekly, or monthly. It works like a recurring investment, where the amount is automatically debited from your bank account and invested in the…