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It could be during the weekend recovering from another mad week at work. Or while heading to work negotiating the Monday morning rush that you yearn for a .. ....
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Story outline Equity is a very volatile asset class and currently, the markets are at high levels. Double-digit returns can be achieved over the long run. Double-digit returns can be achieved over the long run. I am 22. I want to invest Rs 60,000 that I received as RD maturity amount. The portfolio should generate 12-15% per year over the next three years. Rushabh Desai, AMFI registered mutual fund distributor replies: To earn double-digit annual returns, you will need to invest your corpus in equity mutual funds. Equity is a very volatile asset class and currently, the markets are at high levels. Thus your portfolio may not be able to earn 12-15% annual returns over the next three years. Double-digit returns can be achieved over the long run. As you are just 22, you can take the risk and hold your investments for a much longer time to earn double-digit returns. You could invest in the following equity mutual funds under the guidance of an adviser, with a min ....
When to opt for systematic transfer plan Keerthi Sanagasetti BL Research Bureau | Updated on April 18, 2021 STPs enable periodic money transfer between schemes of the same fund-house For those with a steady stream of income, the SIP (Systematic Investment Plans) route of investing in mutual funds helps with cost averaging. This may, however, not help those with lumpy revenue streams, or those with a lump sum. This is when Systematic Transfer Plans (STP) could come to your rescue. What is it STP enables investors to transfer funds from one scheme to another. Investors can periodically withdraw funds from a source scheme and invest the amount in the target/destination scheme of the same fund house. As opposed to a Systematic Withdrawal Plans (SWP), the amount withdrawn from a fund in an STP is immediately invested in another. Besides, investors also get to reap the benefits of rupee cost averaging (in the new fund), akin to an SIP. ....