As of 30 September 2019, mutual funds (MFs) managed around Rs25 lakh crore of assets across more than 85.6 million investor accounts. An account, also known as a folio, is opened to invest in schemes offered by MFs; multiple accounts can be opened by an individual.
Retail and HNI...
On Thursday, 31st October, the equity market barometer index, S&P BSE Sensex, achieved a new all-time high of 40,392 during late-afternoon trades. The index grew more than 6% during this month alone and has increased wealth of investors.
However, its performance in the current...
The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory
Planning for a young child’s future is a common concern of many parents. The goal to get your child the best possible education, however, has hurdles such as large expenses, rising costs, evolving educational requirements, etc. These hurdles may not seem like a big deal at first, but could...
In September 2019, Axis Bank and ICICI Lombard General Insurance were the most preferred stocks of Indian mutual funds. The net purchases of Axis Bank were Rs2,856 crore. Maruti Suzuki and Sun Pharmaceuticals were the most sold stocks. The net sales of Maruti Suzuki were Rs1,539 crore and net...
