How is mutual fund NFO different from an equity IPO?Many mutual fund houses are coming up with new fund offers and financial planners believe that investors should consider them only if the scheme offers something new. However, an NFO is different from an IPO.
Time to look at midcap funds again?Though few in the market expect an immediate rebound due to the slowdown, mutual fund advisors are asking their clients to accumulate mid-cap schemes with an investment horizon of three years.
Index funds for investors with low-risk appetiteIndex funds track broad-based indices thus reducing the impact of the decline in value of any one stock or industry or sector. Many prefer index funds over ETFs to avoid the hassles of maintaining a demat account and poor liquidity.
Goal-based investing through mutual fundsDecide the asset class with your financial advisor that suits you, work backwards and calculate the amount you could invest through SIP or a lumpsum or a combination of both to reach your financial goals.