"Sometimes fund managers also go through the constraints of not being able to own beyond 10% as is stipulated by the regulator. ABSL Frontline Equity Fund has delivered sufficiently better returns to investors over the last 1-, 3-, 5- and 10-year period," says A. Balasubramanian, MD and CEO, Aditya Birla Sun Life AMC.
It appears that investors do not clearly understand that for instance equity and gold are two different asset types altogether, whereas mutual funds and ETFs, or even buying stocks directly in the market, are merely structures to invest in those assets.
We considered equity categories such as large cap, mid cap, multi cap, large & mid cap, focused fund, small cap, value & contra fund. We did not consider flexi cap schemes as these schemes were introduced three years ago, after Sebi recategorised mutual funds.. We considered regular and growth option schemes.
We considered large cap, mid cap, small cap, large & mid cap, multi cap, focused fund, value fund, contra fund, and ELSS categories. We did not consider flexi cap category as this category was introduced after recategorisation of mutual funds by Sebi. We only considered regular and growth option schemes. We considered XIRR on SIP investments. Around 154 schemes have completed five years in the market.
In its truest sense, financial independence is all about reaching a stage where you have enough money to take care of your life goals. From buying adequate life and medical insurance covers to building a retirement corpus to diversifying your portfolio, here are the steps you take to be financially independent.