Protect your financial goals
Market moods can change rapidly and torpedo your critical financial goals if you are not protected. Goals are planned on the basis of certain assumptions, and if these go wrong, the final outcome can be very different from what you were expecting. Therefore, building an adequate buffer is the best way to protect your goals from market vagaries.
How much do you require? As a thumb rule, a cushion of 15-20% of the future goal value is enough, says Amol Joshi, Founder, PlanRupee Investment Services. For instance, if you have estimated a need of Rs 20 lakh in 10 years, invest in a manner that you earn at least 15% more, which would be Rs 23 lakh in this case. Even if the assumed return or inflation stray off the mark, you will be able to meet your goal. There are several rules that define how you calculate the size of your cushion.
Protect your financial goals
Market moods can change rapidly and torpedo your critical financial goals if you are not protected. Goals are planned on the basis of certain assumptions, and if these go wrong, the final outcome can be very different from what you were expecting. Therefore, building an adequate buffer is the best way to protect your goals from market vagaries.
How much do you require? As a thumb rule, a cushion of 15-20% of the future goal value is enough, says Amol Joshi, Founder, PlanRupee Investment Services. For instance, if you have estimated a need of Rs 20 lakh in 10 years, invest in a manner that you earn at least 15% more, which would be Rs 23 lakh in this case. Even if the assumed return or inflation stray off the mark, you will be able to meet your goal. There are several rules that define how you calculate the size of your cushion.
Franklin Templeton unitholders vote: What should investors do?
Investors in Franklin Templeton’s schemes will vote on whether or not to wind-up schemes December 24, 2020 / 08:59 AM IST
Eight months after Franklin Templeton mutual fund’s (FT MF) closed six of its debt schemes, and after the subsequent court battles, its unitholders will now vote and decide if these schemes should be wound-up or not.
While the legal question on whether approval from unitholders is mandatory for winding-up a scheme is being examined by the Supreme Court (SC), the fund house will seek consent from unitholders as per the directions of the Karnataka High Court.
Invesco Mutual Fund bets on digital lifestyle with Global Consumer Trends Fund
The fund has 67% of its portfolio in the US, followed by 13% in other developed markets and 21% in emerging or frontier markets. Photo: iStockPremium
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Invesco Mutual Fund has launched its Global Consumer Trends Fund of Funds (FoF) focusing on global changes in standard of living, demographics, connectivity and lifestyle. The Fund will feed into the Invesco Global Consumer Trends Fund, a Luxembourg domiciled fund. The underlying fund is benchmarked to the MSCI Consumer Discretionary Index and has a size of $2.76 billion.
The fund, launched on 4 December, is dominated by e-commerce (31%), followed by restaurants, hotels and casinos (22%) and video games, entertainment and software (17%). It is underweight on traditional sectors like automobiles and textiles.
HDFC Dividend Yield NFO review: Should you invest?
Dividend yield portfolios tend to be less volatile and usually work in a low interest rate environment. But these funds have given poor returns in the past five-odd years December 10, 2020 / 09:52 AM IST
When bellwether indices are at all-time highs, most investors would like to invest in a portfolio of quality stocks, which may contain downsides. Dividend yield investing can be one such strategy explored by investors, wherein they get to buy stocks of companies offering regular cash payouts, and trade at attractive valuations. HDFC Mutual Fund has joined this trend by rolling out a new HDFC Dividend Yield Fund (HDYF).