I am 32 years old. I have a medium risk appetite. I want to create maximum wealth by investing Rs 20,000 per month for a period of 15 years. I also invest a lumpsum whenever I find an opportunity in the market. I am investing in the following mutual funds: Mirae Asset Emerging Bluechip Fund (Direct -Growth): Rs 3,000 SBI Small Cap Fund (Direct -growth): Rs 3,000 UTI Core Equity Fund (Direct- Growth): Rs 500 Tata Digital India Fund (Direct- Growth): Rs 500 HDFC Mid-Cap Opportunities Fund (Direct- Growth): Rs 1,000 ICICI Prudential Bluechip Fund (Direct- Growth): Rs 1,000 Kotak Standard Multicap Fund (Direct – Growth): Rs 3,000 Axis Focused 25 Fund (Direct – Growth): Rs 2,000 Invesco India Contra Fund (Direct- Growth): Rs 1,000 Reliance Small Cap Fund (Direct -Growth): Rs 500 L&T Emerging Business Fund (Direct – Growth): Rs 1,000 Do I have an appropriate portfolio or should I add or remove funds?-Prateek Tripathi You have too many schemes in your portfolio. Also, … [Read more...] about Will these mutual funds help me to create maximum wealth in 15 years?
Small cap trade program
"FPIs sold equities worth USD 261 million over the past five trading sessions, while DIIs sold USD 106 million worth of equities in the same period. We are now beginning to see some fatigue coming into the market as reflected by the selling by FPIs and DIIs. … [Read more...] about Benchmarks wobble on weak global cues; log weekly gains
The 116 staff members at Mitti Cafe are currently helping feed the homeless. However, many of the staff, including assistant manager, Rajasekhar, used to live off the streets as well. “He has an intellectual disability, but today, he trains other people we hire,” says Alina, adding, “Our aim is to help create awareness while at the same time, support them financially.” … [Read more...] about Bengaluru’s Mitti Cafe wins Bumble Grant Program 2020
In the previous session Wednesday, markets had snapped 5-day winning run amid weak global cues. A depreciating rupee also weighed on market sentiment, traders said. The 30-share barometer ended 345.51 points or 0.95% lower at 36,329.01 while the NSE Nifty settled at 10,705.75 down 93.90 points or 0.87%. … [Read more...] about Sensex up 140 points at 36,460 in early trade, Nifty at 10,750
NEW DELHI: Shares of SBI Cards and Payment Services Ltd. traded 0.13 per cent down in Friday's trade at 12:14PM (IST). Around 54,980 shares changed hands on the counter. The stock opened at Rs 696.0 and touched an intraday high and low of Rs 704.95 and Rs 689.45, respectively, in the session so far. The stock of SBI Cards and Payment Services Ltd. quoted a 52-week high of Rs 769.0 and a 52-week low of Rs 495.25. Total market cap of the SBI Cards and Payment Services Ltd. stood at Rs 65323.22 crore at the time of writing this report. Key Financials The company reported consolidated net sales of Rs 2433.24 crore for the quarter ended 31-Mar-2020, down 1.85 per cent from previous quarter's Rs 2479.12 crore and down 22.69 per cent from the year-ago quarter's Rs 1983.26 crore. The net profit for latest quarter stood at Rs 83.5447 crore, down 66.41 per cent from the corresponding quarter last year. Shareholding pattern As of 31-Mar-2020, domestic institutional investors held … [Read more...] about Trending stocks: SBI Card shares flat in afternoon trade