Past performance of a mutual fund scheme is no indicator of its future performance. However, investors continue to chase historical returns, especially when it comes to sectoral or thematic funds. “Taking decisions based on historical returns is one of the biggest mistakes investors make. Anyone who wants to get into a sector now, because it has generated fabulous in the last three years, should ask themselves why they did not invest in that Read more: EconomicTimes
Author: Miley Selena
Invest across market caps based on risk appetite, goals, Vetri Subramaniam, Group President & Head of Equity, UTI Mutual Fund, tells ET Wealth in this interview. He also believes that the consumer discretionary sector such as companies in retail, travel and leisure could benefit as we get past the pandemic and vaccination accelerates. Here are other insights from the wealth manager. The market pullback amid a strong covid second wave has been Read more: EconomicTimes
The second wave of covid and the subsequent lock down restrictions have hurt the auto industry, and the two-wheeler segment in particular. Lower middle class, the main target group for two-wheelers has been the worst-affected due to the pandemic and subsequent restrictions. This has negatively impacted the two-wheeler segment. However, the analysts are getting bullish on Hero Motocorp as it is successfully managing its growth through this tough Read more: EconomicTimes
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. How the fund has performed 82655165 82655175 Where the fund invests 82655196 Basic facts Date of launch: 4 July 2004 Category: Equity Type: Mid-cap AUM (As on 30 Apr 2021): Rs 5,205 crore Benchmark: NIFTY Midcap 150 Total Return Read more: EconomicTimes
Why, how and where you work today is a result of something that happened 10,000 years ago. Humans discovered farming. Prior to that, for millenia, our species survived as nomadic hunter gatherers. Agriculture became a new hot career and lifestyle where you needed to think and act long term, work together as a team and also stop commuting so much. Agriculture also meant that humanity could survive and grow to the large numbers of today. Nevertheless, as per the Hunter-Farmer hypothesis, you carry survival behaviours and skills from both categories. But you have a preference or advantage in one set.…
In this week’s realty hot spot series, we look at Kalyan situated in the outskirts of Mumbai. This is an affordable residential area boasting of a good mix of developed and developing sub-localities along with good retail and social infrastructure. The property price range per sq. ft. in this locality is Rs 2,600-6,200. A 1-BHK, which is the property type that enjoys the maximum supply here, and it costs about Rs 34 lakh on average and comprises 630 sq. ft area. Here are other key features of Kalyan that make it a real estate hot spot. Locality Snapshot Emerging affordable…
The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs)Gold jumped by 2% due to increased US inflation. The decade high inflation is pushing up the US yield also and this may put pressure on gold later. Silver (Rs)Being a more volatile bullion, silver ended the week up by 3%. ($/troy ounce)Platinum was down by 1% due to economic concerns of interest rates moving up. This could be seen…
1. Reduced income post retirement leads to spending constraints during the golden years. 2. With life expectancy increasing, longevity of life is a real issue as it results in outliving the retirement assets. 3. Any unexpected illness can result in unplanned health expenses and throw off the retirement plan. 4. Inflation risk results in an increased cost of living and a reducing retirement kitty. 5. Providing financial assistance to family for unforeseen needs or emergencies can impact retirement funds. (Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi…
Vibha is a banker and likes to invest in direct equity shares. She believes she has a knack for picking the right stock at the right time. But her recent analysis of her portfolio showed up that she’s had some hits and misses. She might need to work on her exit strategy as she fails to book profits on many of her stocks. She does the research while picking the stock and has mastered the approach on how to enter a stock, but fails sometimes when it comes to exiting. She has realised that as an avid equity investor looking…
By Sudhir Kaushik of Taxspanner.com Chennai-based IT professional Pooja Iyer pays a high tax because she can’t claim exemption for some of the allowances in her pay and doesn’t claim some deductions available to her. Taxspanner estimates that Iyer can save more than Rs 40,000 in tax if her salary structure is rejigged and she invests in the NPS. Income from employer Iyer should start by asking her company to replace the LTA in her pay with tax-free perks. Due to lockdown restrictions across the country, it is unlikely that she will be able to travel and claim exemption for…