Non Resident Indians (or NRIs) can invest in stocks in India including via mutual funds. The question is can an NRI invest in any Indian mutual fund or are there restrictions? Well, NRIs from most other countries (except US and Canada) can invest in almost any scheme of any mutual fund in India. There can be some restrictions specific […]
Should you book profits in your mutual funds?
When it comes to investing in the stock markets, one advice that is universally doled out is to book profits. Direct stocks – yes! Traders – definitely yes! But does it apply to mutual funds too? There is quite a difference in the two. With direct stocks, there can be multiple reasons for you to book profits. Let’s be clear […]
XIRR – How to evaluate your mutual fund portfolio performance?
Abhishek has been investing in mutual funds for many years now through SIPs as well as lumpsum. However, he is not sure how he should measure the return on his investments. His current statement tells him that in about 8 years, the total invested amount is 2.31 lacs and the current market value is 4.10 lacs. He wonders if […]
Why choose passive funds and not index for performance comparison?
As an investor, how do you know if your fund is working for you or not? This is specially relevant to the actively managed funds where a fund manager makes investment decision of how much to invest and where. You can evaluate your mutual fund’s performance by finding out if your fund outperformed its stated benchmark […]
eCAN – Why the delay?
If you have applied for e-CAN lately, you might be facing problems. The confirmation and activation of your eCAN is pending for weeks sometimes. You are not sure why is this happening. From your side, you have submitted all the information and the required documents. You have also received the provisional CAN. But you cannot transact with a […]
Your first mutual fund investment – Why, what and how?
You have been watching your friends / colleagues investing in mutual funds / stocks. You also realise that you need to plan for a better financial future. Not only to account for higher aspirations but also to meet your other financial goals. All this while your preferred investments have been fixed income products such as PPF, Bank FDs, […]