Assets under management (AUM) of this equity category in FY24 soared by ₹1.22 lakh crore to ₹2.93 lakh crore from ₹1.7 lakh crore a year ago - the highest growth in assets under management (AUM) collected by any equity category in this period.
It takes time in assessing an advisor’s true calibre. Apart from checking his qualifications, it s important to ensure that both of you are on the same wavelength. Here s a checklist
One need not go overboard on gold for getting superlative returns. Gold is used as a hedge against volatility in stock markets and uncertainty across the world.
Mutual fund investors no longer need to re-do the KYC for their existing MF folios. Earlier, failure to do so would have blocked them from transactions from April 1, 2024.
Most overseas funds as of now are open for investments while some are allowing only fresh SIPs. However, this can change at any point depending on the headroom available to the fund houses for overseas investments.