Personal Finance / The Economic Times
Common SIP mistakes include short investment duration, incorrect contribution size, not increasing SIPs over time, underestimating SIP potential, and choosing dividend over growth optionhindering long-term wealth creation and financial goal achievement.
UBS forecasts an 8% Nifty 50 upside over the next year, driven by a Rs 7 trillion consumption stimulus, lower oil prices, resilient rural demand, and attractive valuations. The brokerage favours financials, autos, real estate, and consumption sectors, while remaining cautious on IT, industrials, and pharma due to global uncertainties.
Over the last nine months, several equity mutual funds posted steep losses, with Samco Flexi Cap Fund down 17.48%. Most underperformers were flexi cap, ELSS, focused, and mid cap schemes.
ASK Investment Managers has appointed George Heber Joseph as CIO and CEO (Equity) to lead its equity platform, including PMS, AIFs, and upcoming mutual funds. With decades of market experience, George will drive innovation, expand product offerings, and strengthen ASKs position across investor segments with a fundamentals-driven, data-backed investment approach.
Prime Minister Narendra Modi disbursed the 19th installment of the PM-KISAN scheme on February 24, 2025, in Bhagalpur, Bihar, continuing financial aid to landholding farmers. The scheme provides Rs 6,000 annually, distributed in three installments of Rs 2,000 directly to beneficiaries' bank accounts.
Bandhan AMC has launched operations at GIFT City, offering international investors access to three India-focused feeder funds: Large & Mid-Cap, Small Cap, and Government Securities. These funds provide exposure to Indias equity and debt markets through a tax-efficient route.
ICICI Prudential Mutual Fund has launched the ICICI Prudential Quality Fund, an open-ended equity scheme targeting fundamentally strong companies. It uses a quality-factor strategy and flexible investment approach to build a resilient portfolio for long-term wealth creation.
An analysis of equity mutual funds reveals that around 13 schemes have significantly boosted investors' SIP wealth, multiplying it by over 1.80 times in the past five years. Motilal Oswal Midcap Fund leads with a 2.06x increase, followed by several small-cap funds like Quant Small Cap and Bandhan Small Cap, showcasing impressive returns during the period.
Bank of Baroda has reduced home loan interest rates by 40 bps, starting at 8.00% p.a. for new borrowers, effective May 5, 2025. This reduction follows the RBI's policy rate cut, with revised rates applicable to fresh and home improvement loans above Rs 15 lakh. Concessions are available for women, young borrowers, and balance transfers.
Top Nifty500 companies like Aster DM and GMR Airports saw significant promoter pledge reductions in March '25, signaling improved financial health and boosting investor confidence.
Nifty has surged 10% from its April low, reaching 24,461, prompting experts to advise caution on lumpsum investments due to expected volatility. SIPs remain the preferred route for long-term investors, while staggered allocations via STPs are suggested for those with funds. Auto, international, and tech sector funds have shown double-digit gains since April, driven by strong earnings and global tailwinds.
The 30-share BSE Sensex was down 215.97 points at 80580.87
The 30-share BSE Sensex was down 221.32 points at 80575.52
Around 10 companies saw the highest increase in mutual fund holdings in value terms in the March quarter
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Indian Hotels Company reported strong Q4FY25 results. The company's consolidated net profit increased by 25% year-on-year. Revenue from operations also saw a significant rise. Expenses increased due to food, employee, and finance costs. EBITDA improved, leading to a better margin. The company's shares closed higher on Monday. Analysts have given the stock a 'Buy' rating.
The Federal Bank is set to revise its service charges and fees starting June 1, 2025, impacting various transactions. These revisions include changes to ATM fees, cash handling charges, penalties for not maintaining the minimum balance, locker rents, and account closure fees.
Avenue Supermarts, parent company of DMart, is unlikely to enter the Q-commerce race, choosing instead to enhance delivery timelines and product variety. Bernstein India suggests DMart will focus on value and choice to compete with rapid delivery platforms. Despite concerns about overlap with Q-commerce users, DMart believes its big-box model offers sustainable value in the FMCG and grocery sectors.
Iware Supplychain Services is set to debut on the BSE SME platform with modest expectations, indicated by a grey market premium of Rs 2. The IPO, aiming to raise Rs 27 crore, was subscribed 3 times. The company, an integrated logistics player with warehousing and transportation services, reported revenues of Rs 85.82 crore and a profit of Rs 6.
The private lender reported a 14% dip in its standalone profit after tax (PAT) at 3,552 crore, from the same quarter last year. Net Interest Income (NII) increased to 7,284 crore for January-March, from 6,909 crore last year, up 5% in the period.
If the gains in Nifty are driven by a select set of stocks, investors could consider the Top 10 Equal Weight index, while investing in the Nifty 50 Equal Weight index is suitable in times of a broad-based rally, says Anil Ghelani, head of passive investments and products, DSP Mutual Fund.
Many investors rely on internet searches to find top mutual funds, often misled by short-term trends. ETMutualFunds curated 10 equity mutual funds using metrics like mean rolling returns, downside risk, and consistency over three years to guide better investment decisions.
Mutual funds heavily trimmed their holdings in key stocks during the March quarter, with major selling seen in Bharti Airtel, Bajaj Finance, Bharat Electronics, and Aavas Financiers, totaling over 10,700 crore in net sales, Prime Database reported.
The CBDT has notified the ITR-2 form for FY2024-25, effective from April 1, 2025, which will be applicable to the majority of taxpayers, especially salaried individuals, pensioners, and those with income from multiple properties or capital gains. Key changes include raising the asset and liability reporting limit to Rs 1 crore, requiring TDS section reporting, and splitting capital gains. Read on to know more about the changes made.
ICICI Bank customers should be aware of the bank's cash transaction charge policies to avoid unexpected deductions. The bank permits a limited number of free cash transactions each month, after which fees are applied. Additionally, charges may be incurred for transactions exceeding certain amount
Indian benchmark indices ended higher on Monday, buoyed by advances in heavyweights HDFC Bank and Reliance Industries Ltd (RIL), as easing global trade tensions, steady foreign inflows, and a dip in crude oil prices bolstered investor confidence.
A Reddit user reached a Rs 1 crore mutual fund milestone since starting SIPs in 2018. They credit consistency, behavior management, and asset allocation, urging others to avoid reacting to market noise and focus on income growth and discipline
The Government of Singapore holds stakes worth 2.38 lakh crore in 61 BSE-listed firms. Nine of these, including SRF, Bajaj Finance, and SBI Life, have gained 1533% in 2025, reflecting strong market performance and GoSs selective equity exposure.
Baroda BNP Paribas Gilt Fund celebrates 23 years, surpassing Rs 1,500 crore in AUM. The fund has delivered strong returns, transforming an initial investment of Rs 10,000 into Rs 41,919.60 since inception. Managed by Gurvinder Singh Wasan and Prashant Pimple, the fund strategically invests in government securities and SDLs, aiming to capitalise on potential RBI rate cuts.
The Tata Income Plus Arbitrage Active FoF is tailored for investors with a two-year horizon, aiming for stable, accrual-based, and tax-efficient returns. The fund invests up to 65% in Tata Corporate Bond Fund and at least 35% in Tata Arbitrage Fund
Angel One Asset Management Company has introduced the Angel One Nifty 50 Index Fund and ETF, both tracking the Nifty 50 Index. These funds offer investors exposure to India's top 50 large-cap companies across key sectors. The NFOs offer several investor-friendly features, such as zero entry and exit loads, and a minimum investment amount of Rs 1,000, with additional investments allowed in multiples of Re 1.
Quant Mutual Fund has deployed high cash reserves into select small-cap stocks, maintaining a portfolio leaning towards large and mega-cap companies. The fund anticipates a potential 12-15% correction in gold prices in dollar terms, despite May's typical bullish trend.
Bank of Baroda and Kotak Mahindra Bank have revised their fixed deposit interest rates. Bank of Baroda decreased rates on deposits below Rs 3 crore. Kotak Mahindra Bank reduced rates by 50 bps for a specific tenure.