This mid-cap equity fund returned 20% in 3 years: should you invest?

ET Wealth collaborates with Value Research to analyze top mutual funds. We examine the key fundamentals of the fund, its portfolio and its performance to help you make an informed investment decision. MEDIUM CAPITAL AXIS BASIC DATARELEASE DATEFebruary 18, 2011CATEGORYEQUITYGUYMIDDLE CAPITALIZATION COMPANYAUM*30,143.58 croresBENCHMARKBSE 150 TOTAL MEDIUM CAPITALRETURN INDEX HOW MUCH DOES IT COST?NAV**GROWTH OPTION105.75 rupeesIDCW42.97 … Read more

Mutual fund SIPs reach Rs 23,332 crore for the first time, AUM at Rs 64.69 crore

The Indian mutual fund industry witnessed its highest ever SIP inflow at Rs 23,332 crore in July, up from Rs 21,262 crore in June. Owing to the recent surge in inflows into Systematic Investment Plans (SIPs), the Assets Under Management (AUM) of the total mutual fund industry stood at Rs 64.69 lakh crore in July, … Read more

Understand the 8:4:3 rule and the rule of 72; maximize the growth of your mutual fund investment

When it comes to mutual fund investments, there are two key principles that can have a significant impact on your financial growth: the 8:4:3 rule and the rule of 72. Let’s dive deeper into these concepts to understand how they can help you optimize your investments and achieve long-term wealth. What is the 8:4:3 rule? … Read more

Italy’s appeal to the super-rich persists despite tax hikes

The impact of tax changes in Italy: Italy’s decision to double its “flat-rate” tax on foreign income of wealthy new residents may dim its appeal as a tax haven, but the country’s inheritance tax structure continues to attract the ultra-rich, tax experts say. On Wednesday, Italy raised the so-called flat-rate tax for high-net-worth individuals moving … Read more

LIC Digi Term Insurance Plan: Eligibility, Premium Payment, Benefits of this Coverage Online

Life Insurance Corporation of India (LIC) has launched a new plan called Digi Term by LIC for online customers and Yuva by LIC for offline customers. It is an individual, no parity, no linkage, pure risk life plan that offers financial protection to the family of the insured in the event of his unfortunate death … Read more