Money
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Gold Rate in India Fluctuate Across Cities, Silver Sees Downturn
Gold Rate In India, Bangalore, February 20, 2024: Gold prices in India displayed variations across major cities on Tuesday, February 20th, with the average cost of 10 grams hovering around Rs 62,000. For 24-carat gold, the average price across cities stood at approximately Rs 62,680 per 10 grams, while 22-carat gold averaged Rs 57,460. Notably, the silver market presented a…
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How to Choose a Mutual Fund that Meets Your Goals?
The world of mutual funds can feel vast and overwhelming, like an endless ocean filled with countless options. But fear not, intrepid investor! This guide will equip you with the necessary tools to navigate these waters and choose the right mutual fund that aligns with your unique financial goals. Charting Your Course: Defining Your Goals The first step is understanding…
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Risk & Return in Mutual Funds: A Beginner’s Guide to Informed Investing
Investing in mutual funds can be an exciting avenue to grow your wealth and achieve your financial goals. But like any voyage, it’s essential to understand the potential risks and rewards before setting sail. This article aims to be your compass, guiding you through the waters of risk and return in mutual funds. Risk: Where Adventure Begins (or Ends) No…
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Mutual Funds Explained: Your Guide to Investing Smarter
Imagine effortlessly owning a slice of the world’s most successful companies, from tech giants to established blue-chips. Picture diversifying your investments across entire sectors with a single click. Now, envision achieving all this without becoming a seasoned Wall Street trader. It’s not a dream, it’s the reality of mutual funds. These financial powerhouses pool your money with thousands of others,…
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Within the same fund house, is it permissible to directly switch investments from an ELSS (Equity Linked Savings Scheme) to a non-tax-saving fund, considering the lock-in period and SEBI regulations?
Unfortunately, switching directly from an ELSS (Equity Linked Savings Scheme) to a non-tax-saving fund within the same fund house is not possible due to the following reasons: Lock-in Period: ELSS funds come with a mandatory lock-in period of 3 years from the date of investment. This means you cannot redeem your units or switch them to another fund before the lock-in…
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Is the SBI Energy Opportunities Fund Right for You? Key Features and Considerations
Mumbai, February 19, 2024: SBI Mutual Fund has announced the launch of its SBI Energy Opportunities Fund, a new open-ended equity scheme focusing on the Indian energy sector. The fund opened for subscription on February 6, 2024, and will remain open until February 20, 2024. The SBI Energy Opportunities Fund aims to provide investors with long-term capital appreciation by investing…
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How does moat investing work with Bajaj Finserv Large and Mid Cap Fund
In the complex world of financial markets, where investing strategies come and go, some stand the test of time, proving their resilience and effectiveness. One such strategy that has gained prominence is the moat investing approach. Bajaj Finserv Large and Mid Cap Fund has embraced this strategy, and here, we delve into the concept of moat investing and explore how…
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Bitcoin Breaks $50,000 Barrier on Anticipation of Interest Rate Cuts
Bitcoin surged past the $50,000 mark for the first time in over two years on Monday, propelled by investor optimism about potential interest rate cuts and the recent approval of U.S. exchange-traded funds (ETFs) tracking Bitcoin’s price. Currently trading at $50,196, Bitcoin has seen a 5.58% increase for the day and a 16.3% gain year-to-date. This milestone follows a failed…
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Invest in Bajaj Finserv Balanced Advantage Fund with the behavioural edge; NFO ends 8th December
In the world of investments, our decisions are often clouded by emotions, leading us away from rational thinking. Recognizing this prevalent challenge, Bajaj Finserv Asset Management Limited has introduced an innovative solution in its product lineup – the Bajaj Finserv Balanced Advantage Fund. This strategic offering is designed to guide investors towards more informed decisions, providing a nuanced approach that…
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Should you consider opting for a balanced advantage fund
In the world of investing, it is wise to follow the principle of buying low and selling high. However, our decisions are often influenced more by emotions like fear and greed than by rational thinking. Indeed, emotional trading can lead to hasty decisions, potentially resulting in financial losses. But what if there was a way to counter these emotions Enter…
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