Rate sensitive shares trade mixed after RBI keeps repo rate unchanged business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Passively managed mutual funds are low-cost, but actively managed funds offer good scope for big returns even in the large cap category - Issue Date: Jun 7, 2021
Should you invest in arbitrage funds?
Satya Sontanam
BL Research Bureau |
Updated on
May 01, 2021
The category enjoys beneficial tax treatment as it is considered as equity funds for taxation Arbitrage funds and liquid funds are both short-term investment options. With lower returns from liquid funds of late, arbitrage funds are coming into the spotlight.
While recent net inflows in to liquid funds have been volatile, it has been positive for arbitrage funds in the three consecutive months until March 2021. This could be due to the better performance of the latter in the recent past. In the last one-, three-, five-, six- and ten-month period, arbitrage funds delivered higher returns (on annualised basis) over liquid funds by 10-185 basis points.
Life of MF units after death of investor
Satya Sontanam
BL Research Bureau |
Updated on
April 03, 2021
Know the procedural aspects of transferring MF units
Investors use mutual funds to reap the rewards of their disciplined savings and investments. But their unfortunate demise can unsettle the whole planning. Here’s a low-down on the procedural aspects of transferring units to a claimant upon the death of a unit-holder.
Upon nomination
The registered nominee obtains the right to the units only upon the death of the unit-holder. If the account is held jointly, then the nominee obtains the right only after the death of all joint unit-holders. If there are multiple nominees, each nominee would get his/her share in a way indicated by the unit-holder. If the allocation/share for each of the nominee is not specified, the fund house shall settle equally among all the nominees.
Readers Feedback - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.