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I am a 60-year-old woman with a moderate risk profile and no liabilities. Our monthly outgo of Rs 60,000 is taken care of by my husband. Both my children are settled in the US. We have a health insurance policy of around Rs 25 lakh. There are some investments with me as first holder and my husband as the second holder or nominee. These include Rs 70.4 lakh in bank FDs, Rs 10.8 lakh in REC and EC bonds, Rs 9 lakh in Post Office MIS, Rs 9.90 lakh in post office term deposit, Rs 15 lakh in SCSS, Rs 40 lakh in shares (Tata Power + ITC) and Rs 0.13 lakh in ELSS funds. I want to invest Rs 15,000 to Rs 20,000 (FD interest) every month in inflation beating investment options for 4-5 years to earn 10-12 % returns. I am not interested in PMVVY. I should be able to transfer the amount seamlessly to my children. We may settle in the US in future.
How did Kotak Small Cap Fund manage to offer 120% returns in 1 year?
Synopsis The NSE Small Cap 100 has been one of the best performing index in the last one year with returns of 107%, outperforming broader indices as well as mid and large caps.
Small cap funds are offering record-breaking returns these days and naturally a lot of investors want to join the party. Among the toppers in the small cap category is Kotak Small Cap Fund. With a CAGR of 120% in one year, the fund is enjoying its spot under the sun. Shivani Bazaz of ETMutualFunds.com spoke to Pankaj Tibrewal, Senior EVP and Fund Manager- equity, Kotak Mutual fund, to understand how investors should play the small cap segment.
Small cap mutual funds gave up to 220% returns in 1 year! Should you invest? businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.