Particularly, retail investors have been consistently channelling their savings into the equity market through the systemic investment plan (SIP) route provided by equity mutual funds . The monthly SIP flows touched a staggering Rs 4,744 crore in June.
The tax department had said that the accounts should be blocked if self-certification from account holders is not provided by April 30. News agency IANS said in a report citing mutual fund industry officials that in the case of mutual funds , the.
S. Krishnakumar, CIO, Equity, Sundaram Mutual Fund , points out, "In the current market environment, where liquidity is abundant and has been the tailwind for equities, one should not get carried away by the outperformance of certain poor quality.
On August 11, 2017 Everest Finance & Investment Co sold 3,08,000 shares of Astec Lifesciences at Rs 541 on the BSE. However, Sundaram Mutual Fund bought 3,07,413 shares at Rs 541.45. On Friday, Astec Lifesciences ended at Rs 556.60, up Rs 3.80, .
I am 35 years old. I have been investing Rs 5,000 per month in Sundaram S.M.I.L.E. Fund since last one year. Please suggest a suitable portfolio. My goal is my five-year-old child's education and marriage and wealth accumulation. I have a low to medium.
I have invested Rs 1,000 in two mutual fund schemes: DSP BlackRock Opportunities Fund (G) and Sundaram Rural India Fund (G). Both are lumpsum ... Bank deposits offer assured returns, whereas equity mutual funds do not offer any guaranteed returns.
Also, instead of the SIPs in Infosys and SBI, you should invest in some leading diversified funds like Sundaram Rural India Fund (G), Birla Sun Life Equity Fund (G), DSP-BR Opportunities - RP (G), Principal Emerging Bluechip(G) through Systematic.
Sundaram ... Sundaram Long Term Advantage Fund, which qualifies as a tax-saving investment under section 80C. Investments under section 80C are eligible for deduction from your overall taxable income up to a maximum of Rs.1.5 lakh a year. Equity mutual.
To cite an example, Sundaram Tax ... of investing in a mutual fund is measured by the expense ratio. The ratio represents the percentage of the fund's assets that go purely towards the cost of running the fund. Typically, tax-saving funds have expense.
Many NRI investors based in the USA and Canada are still asking around when will they be able to invest in Indian mutual funds again. In fact, one always comes across similar queries in every investment forum. Though some mutual fund houses have .
Sundaram Mutual Fund is expecting its total assets under management (AUM) to reach Rs 25,000 crore by the end of the current fiscal, a top official said. The Chennai-based company, which launched two tax saving closed ended schemes today, was on track to.
Mutual funds (MFs ... instruments," according to the offer details for the scheme. Sundaram Long Term Micro Cap Tax Advantage Fund Series III, is a close ended scheme, offering tax saving options for investors (ELSS). The scheme opened on August 8 and.
I am currently investing Rs 3,000 through an SIP in Sundaram Select Midcap Fund (tenure: 15 years). Also, Rs 3,080 per month for 16 years in LIC premium. I want to invest Rs 3,000 more in tax - saving mutual fund schemes. Could you please suggest me .