Looking to invest in mutual funds but feeling overwhelmed? Check out these six mutual fund investment tips to get started. 1) Creating A Budget And Understanding Your Goals Jumpstart your mutual fund investment process by creating a budget and understanding your goals. Your goals could be like (1) fund for retirement (2) fund for children higher education, and (3) fund for children marriage. mutual fund investment companies offer different types of products tailored for different
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Financial Freedom! These two words sound fabulous when we hear them from someone as it gives us the feeling of having a lot of money and of course retiring early and not working unless we want to work. Enjoying financial freedom is very much possible if we thoroughly follow a perfect set of rules in our life. Continue reading.… What is Financial Freedom? To put it in a simple way “Financial Freedom or Financial Independence is the prestige of having plenty of wealth or plenty of money
UTI AMC - the 2nd largest asset management company in India (in terms of Total AUM) and the 7th largest asset management company in the country (in terms of mutual fund QAAUM) is planning to raise INR 2160 Cr via IPO [all OFS] UTI AMC: Company Profile & Business Incorporated in the year 2002, UTI AMC is in the business of managing the domestic mutual funds of the UTI Mutual Fund. The company provides portfolio management services (PMS) to institutional clients and high net worth
With thousands of fund choices available in the market today, choosing any single fund or a combination of two or more funds for the purpose of building mutual fund portfolio can be challenging. Listed below are six such mistakes that one need to avoid when building mutual fund portfolio. Reacting To Short-Term Returns - Towards the end of the financial year or at the beginning of the New Year, investors tend to churn their mutual fund What they generally do is - sell the fund with the
There are diverse sorts of investors one can find in the marketplace. Some are cautious while some are risk-taker. This particularly divides the universe of the investors into two distinct groups, (1) active investors and (2) passive investors. Passive investors tend to look for capital appreciation but not like the aggressive equity investors. Whether it is active investors or passive investors - the security of money, they have invested, is very important to both of them. Snazzy equity market
Reliance Nippon Life Asset Management (RNAM) - one of the largest Asset Management Companies (AMC) in India is planning to raise INR 1542.2 crore (616.9 crores of Fresh Issue + 925.3 crores of OFS) via initial public offer (IPO) Reliance Nippon Life Asset Management - Company Profile Incorporated in the year 1995, Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited) is Mumbai, India based Asset Management Company. The Company has a market
We all have one common desire, i.e. to become financially strong. But merely thinking about it is not sufficient; we have to work hard and take some action for achieving that desire. So, before moving towards it, we need to know what can help us to reach there. Everyone is aware that only money has the power of creating monies. Hence, the savings that we owe are the sources of reaching the financial goals and SIP - Systematic Investment Plan is the route for the same. What is SIP -