Budget 2020

ACT Grants eyes fund to solve societal issues

ACT Grants, a non-profit alliance of more than 100 volunteers from start-ups and VCs, is raising ₹500 crore to back ideas that can help utilise the ‘start-up energy’ to solve issues related to healthcare, environment, education, and women empowerment. The alliance had come together last year to set up a ₹100-crore fund to combat the […]

Budget 2020

HDFC Children’s Gift Fund: Should I invest in the HDFC Children’s Gift Fund for my child’s education?

I would like to invest a lump sum amount for my child’s future. My investment time will be above 20 years. I have shortlisted HDFC Children’s Gift Fund. Kindly suggest is this a good plan or is there any other plan. — Ritesh Sanghi Shifali Satsangee, Founder, Funds Ve’daa, a mutual fund advisory firm, based […]

Budget 2020

index funds: Why passive investing makes more sense for retail mutual fund investors?

Retail investors tend to be attracted to the equity markets, not only due to the feeling of being part-owners of large companies but also because investing in equity shares can help beat the inflationary pressure by delivering a higher rate of return as compared to other havens. S&P BSE Sensex has generated more than 16% […]

Budget 2020

How mutual fund investors can make the most of MFU’s scheduled transactions facility

Mutual fund investors who use the mutual fund utilities (MFU) platforms can schedule their transactions to purchase, switch or redeem funds. The advantage of this facility is that it allows the unit holders to carry out transactions immediately from the next business day, instead of a lead time of T+15 days with a mutual fund. […]

Budget 2020

Voluntary Provident Fund (VPF) vs Public Provident Fund (PPF) – Which suits you better?

When it comes to safe fixed income investment options, investors often face a dilemma as whether they should invest in the Voluntary Provident Fund (VPF) or the Public Provident Fund (PPF). Though both carry the same suffix, Provident Fund, and offer attractive returns, they differ in aspects such as eligibility, investment period, return, liquidity options, […]

Budget 2020

Mahindra Manulife Mutual Fund launches short term debt fund

Mahindra Manulife Mutual Fund has launched Mahindra Manulife Short Term Fund, an open ended short term debt scheme investing in instruments with macaulay duration between 1 and 3 years. The New Fund Offer opens on February 9 and closes on February 16. The scheme will reopen for continuous sale and repurchase from February 25, 2021. […]