Recently AMFI declared assets under namagenent of all asset managemant companies across India.HDFC mutual fund surpassed Reliance mutual funds in terms of total assets.It have achieved market share of 12.9% Vs. 12.7% that of Reliance mutual fund. Assets under different mutual funds for quarter ended 30th sept is as follows: Mutual Fund Avg AUM(Rs. In…
Mutual Fund Transaction Messages & Its Either Advisor Or Distributor:
Become Either MF Distributor Or Advisor: Finally it seems that regulators come to know that distributors just can not work as advisors.SEBI have released concept paper before few days back where it wants intermediary to choose either to become distributor or advisor.Distributors will get upfront brokerage from mutual fund houses while they will not be able…
Yield Vs Returns & Effect Of Inflation On Your Saving:
Returns vs Yield: Sachin have invested Rs.1,00,000(1 Lac) in mutual fund before 5 years.if suppose today its value is 1,50,000.Then what are the returns and what is the yield. We can calculate it in following way: Return of the scheme using CAGR formula: 1,50,000 = 1,00,000 (1 + i)^ (1/5) Then i= 8.50% —————Real returns….