The Reserve Bank of India's (RBI) monetary policy committee trimmed key policy rate by 75 basis points to 4.40 per cent.
The Reserve Bank of India has joined the battle to contain the damage done to the economy by the Coronavirus pandemic by aggressively slashing policy rates earlier today.
Many mutual fund players are still waiting for details on how the central government plan to soften the blow of the nationwide blockage following the Covid-19 pandemic.
Mutual fund advisors and financial planners are asking investors to tread cautiously and avoid adventurous steps in the current market conditions for two reasons.
Many mutual fund investors reckon that being in a scheme with a better track record would help them to make up for the losses when the market starts reviving. Is it a right strategy?
The Coronavirus pandemic is creating disruptions across the economy and businesses. ETMutualFunds.com spoke to mutual fund houses to find out how they are dealing with situation.
The apex bank did not offer any clues about future rate cuts. Shivani Bazaz of ETMutualFunds.com spoke to Mahendra Kumar Jajoo, head - fixed income, Mirae Asset, to find out about the future course of rates and the strategy for debt mutual fund investors.
Around 20 mutual fund categories, including sectors funds, large, small, mid, multi-cap, value, hybrid and multi-asset allocation schemes, lost money in the last month.
The global trade is going to remain under pressure for some time because of the virus threat. As the pandemic has moved to Europe, the issue has become larger.
Have taxpayers been ignoring the tax-saving mutual fund schemes for a while? Sadly, the Amfi data suggest that the investors’ interest in tax-saving schemes have been waning in the last few years.
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