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A multicap approach between safety and risk, between large cap and mid and smallcap is the best way to go, says Sunil Subramaniam, Managing Director & Chief Executive Officer, Sundaram Mutual.

We are all aware of the Public Provident Fund (PPF), Employees’ Provident Fund (EPF), National Pension Scheme (NPS) and LIC’s pension plans to help us save for our retirement. Mutual funds, too, had offered schemes, in the industry’s early days, targeting retirement savings. Launched in December 1994, UTI Retirement Benefit Pension Fund (UTI RBPF) was one such scheme. Recently, it turned 26. But with over 500 equity schemes and around 350 debt funds available at present, does UTI RBPF still make for a compelling choice as your retirement vehicle?

There is going to be a "breathtaking recovery throughout 2021" with a growth rate of 13-plus per cent, and there is scope for outperformance, says Maneesh Dangi, CIO-Fixed Income, ABSL AMC.

Currently we are overweight on banking and financials, consumer durables, pharma and metals," says Mahesh Patil, CIO-Equity, Aditya Birla Sun Life AMC Ltd.

As with many in the investment world, ICICI Prudential Mutual Fund believes that an economic recovery is around the corner. And as if to reiterate its confidence in the revival, it has rolled out a new ICICI Prudential Business Cycle Fund (IPBCF). The fund’s NFO closes today, January 12, though it is an open-ended fund. Should you invest in it?

InCred Asset Management, the fund management arm of the InCred Group, has announced the appointment of Mrinal Singh as its CIO and CEO, said a statement issued today.

Kotak Asset Management Co. on Monday launched a mutual fund scheme tracking the Nasdaq index, the second such scheme in India after the first by Motilal Oswal Asset Management Co. in March 2011.

The 50-share Nifty benchmark will rise at over 10 per cent per annum over the next three years, a domestic asset management company said on Thursday, terming the current valuations in the market as fair. Aditya Birla Sun Life Mutual Fund (ABSLMF), which manages assets of over Rs 2.70 lakh crore, said the market may seem to be overvalued to some people but that is because of the temporary hit to companies' earnings.

Edelweiss Mutual Fund has decided to merge Edelweiss Low Duration Fund with Edelweiss Money Market Fund. This merger will be effective from February 12, 2021.

2020 has been a litmus test for the entire human ecosystem, both as individuals and as collectives such as a family or a company. I am sure you will agree that there is much for all of us, to take pride in for the resilience and fortitude that we have been able to uphold in the face of an unprecedented year.

Mirae Asset Mutual Fund has revised the exit load under Mirae Asset ESG Sector Leaders Fund of Fund, from Nil to 0.05% will be charged for redemption within 5 days with effect from January 11, 2021.

Private sector lender CSB Bank NSE 1.07 % on Tuesday said SBI Mutual Fund has increased its stake in the bank to over 5 per cent. According to a regulatory filing by CSB Bank, the stake of the fund house rose from 4.96 per cent to 5.01 per cent following the acquisition of an additional 86,993 shares.

IDFC Mutual Fund announced the launch of its latest pan-India investor awareness campaign #PaisonKoRokoMat, nudging savers to become investors. With this new campaign, IDFC Mutual Fund aims to shift the conversation regarding wealth creation from the traditional to the contemporary.

S Naren of ICICI Prudential Mutual Fund, who has over 30 years of experience in the capital market, is of the view that the US market is heading to a bubble zone and a correction could play out anytime in the future.

ICICI Prudential Mutual Fund has changed the benchmark of ICICI Prudential Multicap Fund from S&P BSE 500 TRI to Nifty 500 Multicap 50:25:25 Total Return Index with effect from January 29, 2021.