The second article, of Namrata Kohli, Discuss The growing popularity of high-quality earphones and headphones in India, especially among young consumers, highlights the importance of selecting quality audio devices for better sound and comfort and warns against the risks of hearing damage from prolonged use.
With stocks trading at premium valuations, many investors are reluctant to put more money into the markets. Such investors may consider investing in a balanced equity fund, many of whom have significantly reduced their allocation to stocks. If you are looking for a fund in this category, go through Morningstar review of HDFC Balanced Advantage Fund, the largest fund in this category.
The festival season is just around the corner. With the slowdown in car sales, manufacturers may come up with discounts and other types of offers. If you are looking to get a car loan, look for Paisabazaar.com table on interest rates offered by major lenders.
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Sebi plans to introduce Rs 250 micro-SIP
The Securities and Exchange Board of India (Sebi) has announced that it may soon see a Rs 250 monthly systematic investment plan (SIP). The initiative is being developed in collaboration with the mutual fund industry. Aditya Birla Sun Life Mutual Fund has reportedly taken the lead in developing the Rs 250 SIP. Allowing people to invest as little as Rs 250 per month will enable a larger section of the population to participate in wealth creation through mutual funds.
When investing through SIP, investors need to keep a few things in mind. First, do not stop investing in a SIP even if the market crashes. SIP works best when markets correct and mutual fund units are available at a low price. By offering the benefit of rupee cost averaging, it increases investors’ returns.
Another point to note is that while SIPs reduce the impact of volatility, they do not completely eliminate the risk of investing in stocks. If the market falls sharply, even SIP investors may incur losses. In equity funds, in particular, SIPs should be held for five years or more.
First published: September 6, 2024 | 7:15 am IS
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