Fund review: Tata India Tax Savings Fund
Synopsis
After shunning concentration until recently, the fund now runs a compact portfolio. The portfolio size has been cut down by half from 70-odd stocks a few years ago to 36 now. This has resulted in large positions in its top bets mostly index heavyweights.
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
How the fund has performed 82478671
Where the fund invests 82478680
Basic facts Date of launch: 31 March, 1996 Category: Equity Type: ELSS
Fund review: IDFC Core Equity Fund
Synopsis
A narrow market rally in past two years hurt its return profile and is yet to recover amid recent broader market uptick. The presence of a skilled veteran at the helm provides comfort but needs to show improvement in return profile.
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
How the fund has performed 82343139
Where the fund invests 82343145
Basic facts Date of launch: 8 September 2005 Category: Equity Type: Large & Midcap AUM (As on 31 March 2021): Rs 2,228 crore
How to navigate tax changes to protect your long-term money goals
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Synopsis
Tax uncertainty is a given. Indian investors need to worry more because tax changes are a regular affair in the country. While some changes have benefitted investors, some have been disruptive. Here are ways to minimise the impact on your long-term money goals.
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Uncertainty about future taxes should not stop investors from milking the current tax regime.
It is said death and taxes are the only two certainties in one’s life. But while the tax bit is certain, tax rates are not. Stock markets around the world went into panic mode recently as rumours floated that the US government planned to increase capital gains tax of Americans earning more than $1 million from 20% to 39.6%. As the rumour remained unconfirmed, the jitters subsided and the markets recovered.
IDFC Core Equity mutual fund review: Needs to show improvement in return profile
Synopsis
A narrow market rally in past two years hurt its return profile and is yet to recover amid recent broader market uptick. The presence of a skilled veteran at the helm provides comfort but needs to show improvement in return profile.
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
How the fund has performed 82343139
Where the fund invests 82343145
Basic facts Date of launch: 8 September 2005
Invesco Reports Results for the Three Months Ended March 31, 2021
Invesco Announces First Quarter Diluted EPS of $0.58; Adjusted Diluted EPS(1) of $0.68
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ATLANTA, April 27, 2021 /PRNewswire/ Invesco Ltd. (NYSE: IVZ) today reported financial results for the three months ended March 31, 2021.
$24.5 billion of net long-term inflows, reflecting annualized long-term organic growth of 8.8%, led by net inflows into ETFs, continued strength in Fixed Income, and net inflows into Balanced funds
$1,404.1 billion in ending AUM, an increase of 4.0% over the prior quarter
20.7% operating margin; 40.2% adjusted operating margin
(1)
Update from Marty Flanagan, President and CEO We re off to a strong start this year with $24.5 billion in net long-term inflows, a record quarterly level of flows for the firm that helped us generate positive operating leverage in the quarter said Marty Flanagan, President and CEO. The strong