Page 60 - Sip News Today

Plus: BDC recommits to seed deals with $50M fund.

ICICI Prudential Multi Asset Fund has delivered a 17.5 percent return on SIPs in the past 21 years. If someone were investing regularly at the rate of ₹10,000 every month, the investment would have grown to ₹2.1 crore by investing only ₹25.2 lakh

Germany-headquartered Harting, a global leader supplying connectivity solutions for industrial technology - data, signals, and power, opened its first Vietnamese factory in the northern province of Hai Duong on Thursday.

The portfolio construction of the scheme is based on risk-reward of opportunities available at any given point in time. The scheme will invest more than 80% of the portfolio in the well-established large cap companies. The core of the portfolio construction is from a medium to long term perspective.

"Flexible SIPs allow you to make some changes to your SIPs. For example, you could decide to increase the amount. You could decide to reduce the amount based on various factors. So, for example, if you feel that the markets are down right now, you could say, okay, I want to put in more money. But if you feel that maybe you have a liquidity issue, then you might say that I would like to decrease the SIP amount. "

Investors have been pouring money into small cap, mid cap and thematic funds with abandon as the market has rallied. The sins committed in the build-up to this peak will only be revealed in the months and years to come

“SEBI had observed that some of the Asset Management Companies (AMCs) were indulging in practices relating to advertisements, which were not in compliance with letter and spirit of the provisions with the Advertisement Code prescribed in SEBI (Mutual Funds) Regulations, 1996,” said AMFI Best Practice Guidelines circular.

“SEBI had observed that some of the Asset Management Companies (AMCs) were indulging in practices relating to advertisements, which were not in compliance with letter and spirit of the provisions with the Advertisement Code prescribed in SEBI (Mutual Funds) Regulations, 1996,” said AMFI Best Practice Guidelines circular.

KUALA LUMPUR: The Social Security Organisation (Socso) has carried out five intervention programmes to help alleviate the problems employees face at the cash-strapped low-cost airline, MYAirline Sdn Bhd (MYAirline).

Quant Mutual Fund announced the launch of the Quant Momentum Fund. The scheme opened for public subscription on October 30, 2023, and will close on November 13, 2023.