For all resident Indian individuals and non individuals, it is now mandatory to link Aadhar number with your mutual funds. Here’s how you can do it all online right from your desk. Please do note that as per the mandate, if you do not update your Aadhar, your folio/account will cease to be operational. While the […]
DSP BlackRock ACE Fund – NFO – A Confused Ensemble
DSP BlackRock ACE Fund is yet another closed-ended fund (3 year lock-in) launched in recent times. This one is targeted at investors who are interested in stock investments but also want to protect the downside. Does it make sense? Let’s be honest. Today, most investors, including you and me, are at crossroads. On the one […]
HDFC Housing Opportunities Fund – The manipulation begins
HDFC MF launched its brand new HDFC Housing Opportunities Fund last week. The opportunities fund only represents the opportunity for the fund house, not for you. Here are the reasons you should stay away from this NFO. Now, it wasn’t long ago that SEBI issued guidelines about rationalising the number and types of schemes that mutual […]
Tax saving funds – Let’s kill this category too!
You and I have at some point invested in mutual funds, more specifically, tax saving funds. The tax benefit under Section 80C is too sweet to let go off. And of course, we also get to invest in a market linked, inflation beating instrument. The tax saving funds is a clearly marked out category and almost every […]
What will happen to your Mutual Fund schemes as SEBI finally cracks the first whip?
What is the difference between the following mutual fund schemes? HDFC Growth Fund HDFC Top 200 Fund HDFC Large cap Fund Answer: No difference. They are all large cap or predominantly large cap funds. Then why does HDFC MF needs to offer 3 of the same type? Interestingly, you and I are not the only one asking this […]
Updated: HDFC Midcap opportunities fund – What you should know?
Who doesn’t know HDFC Midcap Opportunities fund? It is one of the star funds of HDFC MF. The AUM of this fund now stands at Rs. 17,715 crores, the largest in the midcap category. In fact, on the basis of AUM size, the next fund in the midcap funds category is less than Rs. 6,000 crores. That how […]