Karvy Capital, the asset management arm of financial services provider Karvy Group, today launched first hedge fund named 'systematic edge fund'.
Despite the high risk associated with this category, you should allocate a percentage of your portfolio to this category since it is bound to deliver high returns.
The move comes at a time when Sebi is urging mutual funds to look beyond the metros and spread to smaller towns for greater financial inclusion.
ICICI Prudential Mutual Fund has launched a new closed end income fund -ICICI Prudential Multiple Yield Fund - Series 4 C, with a maturity period of 1100 days.
According to fund managers, most global equity funds come with currency risks, as domestic asset management companies invest their funds in dollar terms.
The outflow was the highest for equity schemes since September 2012 when net outflows from equity schemes topped Rs 3,500 crore.
It?ll only help narrow down the search, but you will have to look at individual fund attributes before investing but if you don?t have an adviser to guide you, it can be a tough exercise.
AUM surges to Rs 8.68 lakh crore as prospects of faster interest rate cuts by the Reserve Bank of India spurred investors into buying debt schemes.
Investors pumped in more than Rs 1 lakh crore in various mutual fund schemes during April, the highest in two years
This scheme aims to generate income and long term gains by investing in a range of debt and money market instruments of various maturities.
"Recent upward movement in bond yields offers a good entry opportunity for investors," says Deepak Panjwani of GEPL Capital.
The scheme will invest 65%-95% of assets in debt securities, another 0-30% in money market securities and 5%-20% in equities.
While they can be very rewarding, these funds also carry higher risks. Retail investors should approach them with a lot of caution. Sector funds offer some advantages too.
If you are investing in mutual funds for the first time, it can be difficult to pick the right ones given the variety of schemes on offer.
RBI's decision to ban banks and NBFCs from extending loans against gold ETFs and gold mutual funds will not have any material impact on these investments.
