"Timing the goal and not the market is the most important thing in investing. The system you follow for your money and investments, while keeping an eye on the goal, should be the focus. Most people ignore the power of compounding due to a lack of patience, with nothing happening in the first few years, while they also fear missing out on the market."
Sunil Subramaniam says he has a 40% allocation in defensives, including FMCG, IT, pharma and a 60% allocation in cyclicals, “where I put in capital goods, discretionary consumption including auto and housing, into the bucket. So, a 40-60 allocation.” He also says before election, "tilt towards inflation management and consumption will be key drivers in the stock market also."
There are several benefits you will get for buying a health insurance policy in your 30s. You will get a comprehensive health insurance cover at an affordable price. How much health insurance coverage do you need in your 30s? What are the things to look at while buying health insurance cover? ET Wealth Online explains
At present there are around 35 schemes in the flexi cap category. Out of 35 schemes, 19 schemes have increased their allocation in mid cap stocks and 26 schemes increased their allocation in small cap stocks. Around 24 flexi cap schemes have reduced their allocation in large cap stocks.
Wheels India, manufacturer of wheels for trucks, tractors, passenger vehicles and construction equipment, expects the domestic wheel business to pick up during the second half of the year, according to a top official.
Insurance companies are launching international student insurance covers for Indian students studying abroad. These hybrid policies combine both travel and inpatient health insurance benefits, as well as transit and travel risks like baggage and document risks. Such policies can cost five to six times more if bought abroad, as health insurance in India is far cheaper. Popular plans include the Tata AIG Student Travel Guard, Bajaj Allianz Student Elite Plan, Royal Sundaram Travel Secure Student Plan and Care Health Student Explore Plus.
Investors want to know how Amazon Web Services (AWS), the company s cloud provider, stands up against Microsoft and Google s, which both on Tuesday reported slowed growth in their cloud businesses.
The BBC s Proms paid tribute to Lata Mangeshkar, the Nightingale of India, with a special concert at Royal Albert Hall featuring renditions of her timeless classics accompanied by the City of Birmingham Symphony Orchestra. Singer Palak Muchhal opened the event, showcasing a carefully curated selection of songs spanning over half a century of Indian music, with dancers from the Bollywood Co. London adding mesmerizing dance sequences.
The insurance buyout will allow Kolkata-based Bandhan, which began as a microfinance company, to expand its remit beyond banking and asset management. The stake purchase is subject to regulatory approvals. The value of the buyout, and the quantum of proceeds to each of the exiting stakeholders, weren t immediately known.
As per the scheme information document with data as on March 31, 2023, the scheme has 2,89,917 folios, the highest among all open-ended equity schemes offered by the fund house.