Khare initially connected with a Mumbai-based financial planner who was also a mother to an autistic child. This introduction to full-scale financial planning was a revelation, but the distance proved impractical. Read this | How this Mumbai couple rebuilt their finances after going bust “I needed an advisor I could meet in person when I … Read more
Typically, banks offer fixed deposits with a maximum tenure of 10 years. There is no bank that offers an FD with a tenure longer than 10 years. This may change soon. Suryoday Small Finance Bank plans to stretch the maximum tenor of a Fixed Deposit (FD) to over 20 years, and the depositors will also … Read more
After a robust financial performance and 5 straight months of gains, brokerage house HDFC Securities has picked EPL as its ‘pick of the week’ “We believe investors can buy the stock in ₹245-255 band (20.5x FY26E EPS) and add on dips in ₹220-230 (18.5x FY26E EPS) band for a base case fair value of ₹274 … Read more
There was a time not so long ago when luxury handbags made the loudest status statement. If you wanted to claim that you have arrived, without really using words to that effect, one just bought a luxury handbag, the cost of which onlookers could only guess would go into a few lakhs. Things have evolved … Read more
If you are a retail investor and are exploring multiple mutual fund schemes to invest into, you are likely to examine the past returns delivered by the schemes across categories. Although the past returns do not guarantee a scheme’s future returns, they are still considered too important to be ignored. Here we scan through a … Read more
Before you decide to invest in a mutual fund scheme, it is advisable to monitor its performance over a long period of time, say since the scheme was launched. And remember when the money remains invested in a mutual fund scheme over a period of time, the returns in the later years are disproportionately higher … Read more
Salman Khan Films, Excel Films and Tiger Baby Films have hit the jackpot with a three episode show about Salim-Javed and their finest partnerships in Bollywood! The show airs on Amazon Prime Video starting on August 20, 2024. When today’s reels generation sits down to watch Sholay that has a 204 minute runtime (198 minutes … Read more
When you make an investment in a mutual fund scheme, the return grows at a rate faster in the later years than in the earlier years. This happens primarily because of compounding. The compounding is so potent a tool that it is euphemistically known as ‘magic’ by some. From Ben Graham to Warren Buffett, all … Read more
The mutual fund industry in India has witnessed a seven-fold growth in the past 10 years with the assets under management (AUM) growing from ₹8.3 lakh crore in December 2013 to ₹61.2 lakh crore in June 2024, a Motilal Oswal report for the quarter ending June 30, 2024, has revealed. The report ‘Where the Money … Read more
New investors should be cautious as they invest in the financial markets since we are already half-way through the bull run. And a lot of sectors and stocks are trading at a very high premium to their P/E averages, says Jayesh Faria, Director, Regional Head, West, Motilal Oswal Private Wealth in an email interview with MintGenie. He also … Read more