Mutual Fund Return News Today

The top mutual funds of 2023 gave phenomenal returns in the year 2023, with the one year value ranging above 40 percent for the year.

Flexi-cap funds are the funds that invest across large-cap, mid-cap and small-cap stocks. Investment in these funds allows the investors to diversify their portfolio across companies of different market capitalisation and mitigate risk. Till July 31, 2023, there were 33 flexi-cap funds. As per Association of Mutual Funds in India (AMFI) data for July, flexi-cap funds saw outflows to the tune of Rs 932 crore. Heres a quick comparison between HDFC Flexi Cap and JM Flexi Cap.

After studying India’s Rs 40 lakh crore mutual funds sector, SEBI has unearthed data on performance, churn, and brokerage paid to justify some radical proposals to reimagine the total charges collected from investors. Moneycontrol takes a closer look at what the numbers revealed.

Synopsis An emergency could be in any form; a small one like car breakdown and a big one like job loss, which may continue for several months. In such a situation you will not only have to manage your household expenses but also continue paying your labilities like EMIs and credit card dues. Getty Images Emergency fund is an important element of a good financial plan. Emergencies and the financial burden they entail cannot be foreseen. That is why it is important to have an emergency fund to fi...