Investing in gold MFs through SIPs offers distinct advantages; it helps navigate volatility in gold prices, and the flexibility of making partial or full withdrawals at any time ensures high liquidity
Buch hailed mutual fund SIPs as a great tool for financial inclusion. "In the external marketplace, I think the most important piece that I would like to see happening is greater financial inclusion."
Radhika Gupta said people are resistant to putting money in mutual funds but spend generously on food-delivery platforms like Zomato and Swiggy, or content streaming and OTT platforms like Netflix.
The partnership will make available Bajaj Finance fixed deposits on the fintech start-up’s platform that aims to process over Rs 100 crore worth of Bajaj Finance FDs in one year
Mutual funds are one of the popular ways of investment at present. Anand Rathi Wealth's Deputy CEO Feroze Azeez shares his views on mutual fund investment in the times of a buyout market.
HDFC Bank is offering a maximum return of 7.45 per cent for tenures of one to two years, and 7.2 per cent on two years to ten years on non-withdrawable fixed deposits.
Shenoy said that, if asked, he would suggest anyone to buy Sovereign Gold Bonds (SGB) 'if they are desperate for gold' or else they can invest in stock markets
Remember, that the annual returns required to multiply an original investment depends on the investment vehicle as well as the investor’s risk tolerance
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