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Total net asset value in Thailand s mutual fund recorded 2.6% growth in the first quarter, championed by the Oil Fund which gave the highest return at 24% while the gold fund sank 9%, says Morningstar Research Thailand.
Investment in sustainable funds around the world is also increasing amid growing concerns over global climate change and the Covid-19 crisis.
The total net inflow of Thai mutual funds was recorded at 33.4 billion baht for the first quarter, up 2.6% from the end of 2020. Equity funds were reportedly the main contributor to the inflow while the Thai fund industry, including mutual funds, reported total net asset value at 5.2 trillion baht, up 13.5% year-over-year.
Active/ Passive
Most retail investors invest in Mutual Funds because they don’t want to monitor their investments regularly, and yet, expect a decent return over time. Although even “Mutual fund investments are subject to market risks” and require monitoring.
Investments in equities are seen as an active investing strategy, wherein we need to keep track of the performance. However, even with equities some people just invest and don’t want to part ways with the investment for an indefinite time.
Both are more or less the same as they require conscious decision-making and monitoring.
Churning/ Price averaging
In the case of mutual funds, we cannot churn out the non-performing or out-of-trend assets as per our own liking. It is up to the fund manager to take the call.
Updated Feb 12, 2021 | 08:50 IST
Keeping in view falling returns from fixed income products that also provide tax deduction under Section 80C, analysts say ELSS should be an integral part of one s retirement planning. Representational image
Key Highlights
ELSS funds primarily invest in equity products, in the long term these funds have the potential to generate superior returns.
Under section 80C of the Income Tax Act 1961, one can invest up to Rs 1.5 lakh every year in ELSS funds to get income tax deduction
Long term capital gains booked from ELSS above Rs 1 lakh per year is taxable at the rate of 10%
Synopsis
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I am new to SIP investments. I started investing in ELSS funds for tax saving in 2016. After browsing various knowledge sharing websites, I have added the remaining funds. I have target of 15 years to 20 years. Kindly guide whether the portfolio I have built is on the right track? I have a nine-month-old daughter. My long-term goal is to raise funds for her education and marriage. The details of the portfolio are as follows:
SBI Long Term Equity Fund review: Should you invest?
SBI Long Term Equity fund has delivered a sub-optimal returns over the last five years. Will its value investing strategy finally pay off? March 01, 2021 / 08:04 PM IST
As a long-term mutual fund investor, you might have come across occasions when many schemes that were the chart toppers in their respective categories in the past turned underperformers in the following years. Similarly, schemes that were demonstrating below-average performance in the earlier years may have turned out to be outperformers in their respective categories in later years.
SBI Long Term Equity Fund (SLTEF), formerly known as SBI Magnum Taxgain, is one such fund that had dominated its peers in terms of performance till 2014. But it turned an underperformer in the following years and dwindled to the third and fourth quartiles. It was the largest Equity Linked Saving Schemes (ELSS) between 2007 and 2014, managing a corpus of between Rs 1,665 crore an