Investing Insights
Why people lose money in Equity Mutual Funds
Read this blog & know why people lose money in Equity Mutual Funds. Know the top 5 reasons why investors tend to lose money in Equity Mutual Funds. Visit FinEdge now!
How Not to plan your Retirement!
Read this blog to learn things to avoid while planning for retirement. Reconsider your investment strategy if you are doing anyone of these. To know more, visit FinEdge now.
What is an Equity Mutual Fund?
Despite the stock markets predominantly declining since the Union Budget on 31st January, net inflows into Equity mutual fund (MF) schemes continued to remain strong last month. According to data from AMFI, Equity funds (including ELSS) witnessed monthly net inflows of Rs. 16,268 crore in February ‘18, up 5.7% month on month, and more than 150% on a year on year basis. The increase was mainly driven by sustained inflows through Systematic Investment Plans (SIPs). According to data from AMFI, the cumulative SIP contribution has been Rs. 53,646 crore so far in FY2018.
Guide: How to invest in an ELSS
With barely a week left in the Financial Year, there will be many who will be engaged in a last-minute scramble to invest into tax saving investments. One some instrument of choice is a ‘tax saving mutual fund’, also known as an ELSS. If you’re one of them, here a simple ready reckoner on how to go about with investing in an ELSS.
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