I am 40 years old. I want to start investing in mutual funds through SIPs to create wealth over the long term (retirement corpus). My risk profile is moderate. I am looking at a time-frame of 10 to 15 years. Should I start with the funds listed below?Axis Focused 25 Fund: Rs 2,500 per monthInvesco India Contra Fund: Rs 2,000 per monthInvesco India Mid Cap Fund: Rs 2,000 per monthKotak Standard Multicap Fund: Rs 3,000 per monthMotilal Oswal Nasdaq 100 FOF: Rs 2,000 per monthHDFC Index Fund Nifty 50 Plan: Rs 2.000 per monthI am looking at investing Rs 25,000 per month. Please tell me how I should split the money per fund (Rs 25,000 per month). It would be great if you can let me know the projected returns that I should expect in 10 to 15 years.- Manmohan If you are a moderate risk-taker investing for a long period, you should invest mostly in multi cap mutual funds. You may also invest in large cap mutual funds if you want to diversify and reduce the overall risk in your mutual fund … [Read more...] about Can I invest in these mutual funds for 10-15 years?
Vanguard japan stock index fund
As flows into mid- and small-cap schemes in January showed a sharp jump, mutual funds made fresh purchases in companies that enjoy brand dominance, and have costs under control in industries with firm demand growth. Fund managers have shown high inclination towards investing in operationally wellplaced mid-and-small-sized companies in January. Here are a few prominent companies which generated high interest from fund managers during the month: The Ramco Cements Bought by: Axis MF CMP: Rs 779 M-cap: Rs 18,348 crore In January, cement prices rose close to Rs 10-20 per 50-kg bag in Andhra Pradesh, Telangana and eastern markets YoY. This increase in prices has transpired after a gap of eight months. This served as a good trigger to enhance exposure to the stock of The Ramco Cements which sells cement in the aforementioned regions. Ramco Cements should benefit from cost control, stable volume growth. Quess Corp Bought by: Franklin Templeton MF CMP: Rs 579 M-cap: Rs 8,540 crore Quess … [Read more...] about Mutual fund managers buy small- & midcap stocks
What they're saying: "The 2019 holiday season could come in a bit short of expectations, based on results from other retailers, and the early start to 2020 could be impacted by the coronavirus," analysts at Telsey Advisory Group said in a note to clients. "However, we view these issues as transitory and continue to expect Walmart to be a leader and market share gainer in the industry." … [Read more...] about Why stocks keep moving higher. And higher. And higher.
Players will be able to enjoy a 10% discount off the $60 price tag of the virtual reality exclusive if they pre-order it. Half-Life: Alyx is actually free for those who are able to purchase the Valve Index VR headset, but unfortunately, the device’s stocks are still sold out. … [Read more...] about Half-Life: Alyx release date set for March 23, but Valve Index remains sold out
Global asset manager Schroders said in a research note that it expects China to maintain an easing and accommodative monetary policy. The firm said it remained confident in the mid to long-term performance of the Chinese market despite rising short-term volatility. … [Read more...] about Chinese Stocks Rise for 7th Consecutive Day Amid Coronavirus Infection
As for the duration of the coronavirus, four researchers from universities in China – three from Xi'an Jiaotong-Liverpool University (XJTLU) and one from Southern University of Science and Technology in Shenzhen – predict the number of new, confirmed coronavirus cases in China will dwindle to almost nothing in under two weeks, according to a press release Monday. … [Read more...] about US stocks rally, but latest figures show virus surge