Page 19 - Union Mutual News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Synopsis 7th consecutive month of selling by investors at ₹9,253 cr in Jan; thematic, corp bond funds see inflows Among equity mutual funds, categories like index, thematic and international funds saw increased inflows. Mumbai: Retail investors continued to book profits in equity mutual funds making use of every rise in share prices. Investors sold equity mutual funds for the seventh consecutive month, selling stocks worth Rs 9,253 crore in January, slightly less than December’s Rs 10,147 crore. With this, investors have pulled out Rs 42,256 crore over the last seven months. Investors, h...

Suggested InvestmentHorizon: >3 years Time taken to doublemoney: N.AAmong equity mutual funds, categories like index, thematic and international funds saw increased inflows. Thematic funds saw inflows of ₹2,586 crore primarily due to new fund offers (NFOs), index funds saw inflows of ₹454 crore while international fund of fund saw inflows of ₹755 crore as investors are looking to diversify geographically. Many diversified equity mutual fund categories continued to see outflows. Large-cap funds saw outflows of ₹2,853 crore followed by midcaps at ₹1,206 crore and small-cap at ₹1,57...

Equity mutual funds are expected to benefit from a Union Budget move to introduce taxes on investments in unit-linked insurance plans (ULIPs) exceeding ₹2.5 lakh in a fiscal year.

Obituary: Clare Elizabeth McKeagney SOUTH PORTLAND - Clare Elizabeth McKeagney died at home on Jan. 16, 2021, at 74, as a result of advancing cardio-vascular ... Share Clare Elizabeth McKeagney SOUTH PORTLAND – Clare Elizabeth McKeagney died at home on Jan. 16, 2021, at 74, as a result of advancing cardio-vascular disease. She was granted her long-standing wish simply to “drop dead” rather than experiencing a long, debilitating struggle. Clare was born in Portland on April 24, 1946 to Virginia Williams of Cape Elizabeth. She was immediately adopted by her grandparents, Ivor and Mabel W...

Why you should steer clear of new thematic funds There have been many new fund offers around themes and solutions in 2020. But such funds may not suit a common investor’s needs January 07, 2021 / 11:25 AM IST Many mutual funds (MFs) were on a money-raising spree in 2020. And they did so by rolling out new schemes. According to ACE MF, 50 equity new fund offers (NFOs) were launched. With the S&P BSE Sensex rising 84 percent between March and December of 2020, fund houses have been keen to capitalize on the rally. And what better way to attract investors than a new and exciting theme we h...