These schemes are benchmarked against Nifty India Consumption - TRI, S&P BSE 100 - TRI, NIFTY FMCG - TRI, and S&P BSE Consumer Discretionary Goods & Services - TRI. These benchmarks gave 42.94%, 34.82%, 18.60%, and 64.36% return in the last one year.
Quant BFSI Fund, the topper in the category, gave 13.45% return in the last three months. This scheme was the only scheme that offered double-digit returns.
Multi-asset allocation funds stand out as a versatile investment option, suitable for those embarking on their investment journey and seasoned investors seeking diversification, says Chakrivardhan Kuppala, Co-founder and Executive Director at Prime Wealth Finserv.
The Birmingham office of law firm Irwin Mitchell has appointed Sarah Richardson as a Senior Associate in its Rural Business and Estates Team. Sarah joins
For years, London retiree Sofia Smith trusted London financial adviser Chanrith Yin to do her taxes.
Smith was careful with her money. Retired from a variety of jobs and a widow, she collected two pensions and had some money tucked away.
When she and Yin discussed an opportuity to invest $100,000 in a private mortgage for a Komoka home in February 2019, the trust he’d built up and the eight per cent return he promised convinced her to sign the deal, Smith says.
Under the terms of the contract, dated Feb. 21, 2019, and reviewed by The London Free Press, Smith was to receive $8,000 in interest to be paid in 12 monthly instalments from Nobis Group Property Management, which Ontario corporate records show is Yin’s company.