If you’re targeting to create a significant fund over the long term, SBI Flexi Cap Fund could be a fantastic option for you. By investing just ₹1000 every month through a Systematic Investment Plan (SIP), you can potentially accumulate ₹1.5 crores in 35 years!. This impressive growth is due to the power of compounding, which … Read more
Planning for a steady income after retirement should be a key goal for everyone who earns a salary. Even after the salary stops, expenses and lifestyle continue. To ensure a regular income after retirement, there are two mutual fund options: Systematic Withdrawal Plan (SWP) and Dividend Plan. Both have unique features and benefits, depending on … Read more
In October 2024, Mutual Funds made significant changes to their portfolios, including adding and reducing stakes in various Mid Cap stocks. During this period, stocks like Tata Chemicals, 360 One WAM, and Angel One saw increased buying, while shares in RBL Bank and CDSL were reduced. According to a report by Nuvama Wealth, here’s a … Read more
Despite continuous declines in the stock market, October saw record investments in Equity Mutual Fund schemes. According to AMFI (Association of Mutual Funds in India) data, investors made a record investment of ₹25,323 crore through SIP, while ₹4,047 crore was invested in New Fund Offers (NFO). Benefit from Lump Sum Investments During a Market Down … Read more