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Source: Live Mint Past performance Over the past one-year period, amid weakness in stock markets, multi-asset funds as a category have delivered average returns of 9.2%. Within the category, certain multi-asset funds have delivered higher returns. The stock market benchmark Nifty 50 has fetched a little over 2.6% in the same period. On a five-year…
Source: Live Mint Investors should avoid systematic investment plans (SIPs) in small cap and mid cap mutual funds right now and even consider redeeming their investments in such funds as valuations are ‘absurd’, S Naren, executive director and chief investment officer of ICICI Prudential Asset Management Company, said on 25 January at an event organised…
Source: Live Mint Markets Outlook 2025 and sectors and stocks to Buy “Expert View- Despite recent challenges, India’s economic trajectory remains strong, with GDP growth outpacing global peers. As we approach 2025, sectors like IT, Auto, BFSI, and Solar offer promising opportunities. While FPI outflows and inflation risks linger, domestic flows and resilient consumption support…
Source: Live Mint Canara Bank FD rates: Canara Bank’s fixed deposit (under ₹3 crore) rates were revised on December 1, 2024. The new bank FD rate ranges from 4% to 7.4% for the general public on different tenures. The return percentage for callable FDs can be as high as 7.9 for senior citizens. Those looking…
Source: Live Mint Credit cards often serve as a quick and convenient mode of payment for several financial transactions. However, the trouble starts when your credit card expires and debts are still pending. It is important to keep track of your credit card payment deadlines and expiry dates. Here’s what happens when your credit card…
Source: Live Mint Fixed-deposit schemes will never go out of fashion among investors who are looking for a reliable, consistent, and long-term return on investments. The financial tool is beneficial for even those who want to invest money in a low-risk investment tool for a shorter duration, like one, three, or six months. Fixed deposits…
Source: Live Mint Mumbai: Investors in India’s stock markets lost ₹3.79 trillion on Monday, after the benchmarks fell the most in a day in almost two months on heavy selling by foreign portfolio investors and retail clients. The Nifty shrank 1.41% to 25,810.85, and the Sensex fell 1.49% to 84,299.78. This was the biggest single-day…
Source: Business Standard Last week, the BSE benchmark jumped 1,653.37 points or 1.99 per cent. | Representational 2 min read Last Updated : Sep 22 2024 | 11:00 AM IST The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week, with ICICI Bank and HDFC Bank…
Source: Business Standard Last week, the BSE benchmark dropped 1,181.84 points, or 1.43 per cent | File Photo 2 min read Last Updated : Sep 08 2024 | 11:00 AM IST The combined market valuation of eight of the top-10 most valued firms got eroded by Rs 2,01,699.77 crore last week, with Reliance Industries…
