As of 28 February 2025, India’s mutual fund industry’s assets under management (AUM) stood at ₹64.53 trillion according to data provided by Association of mutual funds in India (AMFI).

Legendary painter MF Husain's Untitled (Gram Yatra), billed as one of his most important and sizable works from the 1950s, went for USD 13.8 million (over Rs 118 crore) at an auction, setting the ...

Best mutual funds: Prior to investing in a mutual fund scheme, investors tend to compare the returns given by that scheme vis-a-vis other schemes in the same category. Notably, rational investors ...

Indian banking has witnessed various challenges over the last few years, from mounting non-performing assets (NPAs) to regulatory action and issues of corporate governance. Banks are generally ...

they have barely been able to give double-digit returns in the last one year. However, international mutual funds have performed better during this difficult period. The average return in the ...

SINGAPORE – Investors often forget that apart from stocks and bonds, there is a third key building block to a diversified investment portfolio – cash. Holding too much or too little of any of ...

When the SpaceX Crew Dragon capsule carrying Butch Wilmore and Suni Williams splashed down in the Gulf of Mexico off the coast of Florida on Tuesday, it brought to a close a nine-month saga that ...

Commissions do not affect our editors' opinions or evaluations. For most investors, mutual funds are a great way to build a diversified portfolio without a lot of extra cost or hassle. They ...

The best broker for mutual funds when it comes to breadth of available options is Interactive Brokers IBKR Lite. This broker offers more than 48,000 funds, over 18,000 of which have no transaction ...

It’s not a pretty picture: Most funds failed to survive and outperform over longer time frames. The report also breaks down the distribution of active funds’ excess returns versus index funds ...

“Stocks get the pixels, bonds get the dollars,” wrote my colleague Sylvester Flood in Morningstar’s Global Fund Flows report earlier this year. It’s a paradox, to be sure. For years, a ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...