Planning a Rs 10 crore retirement corpus? Know the mutual fund SIP amount you need
See how your starting age can dramatically change the monthly SIP needed to build a Rs 10 crore retirement corpus by age 60, assuming a 12% annual return.
See how your starting age can dramatically change the monthly SIP needed to build a Rs 10 crore retirement corpus by age 60, assuming a 12% annual return.
For many mutual fund investors, adding another scheme to their portfolio feels like a simple way to spread risk. But owning a larger number of funds does not necessarily mean owning a more diversified portfolio. In fact, investors can hold several schemes while remaining heavily exposed to the same stocks, sectors or market-cap segments. Experts…
Gold rose on Monday as oil prices tumbled after U.S. President Donald Trump held off on a fresh attack on Iran in hopes of a swift deal, slightly easing concerns about inflation and higher interest rates. FUNDAMENTALS Spot gold was up 0.7% at $4,067.06 per ounce, as of 0023 GMT. U.S. gold futures rose 0.9%…
E-commerce logistics company Shiprocket has raised Rs 727.41 crore from anchor investors ahead of the opening of its initial public offering (IPO) on Wednesday, August 12, 2026. Through its maiden public issue, the company seeks to raise Rs 1,617.48 crore from the markets. According to a stock exchange filing, Shiprocket allotted 7.50 crore (74,991,568) equity…
Shares of MapMyIndia (C.E. Info Systems) fell nearly 8% on Wednesday, hitting a low of Rs 1,048 against the previous close of Rs 1,139, despite the company reporting strong Q1 earnings on Tuesday, with revenue rising 15% and profit after tax (PAT) increasing 8%. According to a filing with the exchange, India’s leading deeptech digital…
PORTHCURNO (ENGLAND): Newly discovered documents have revealed the first telegraph messages and joy when England was linked for the first time with India on 23 June, 1870, via thousands of km of cables laid painstakingly below the seas, reducing time from months to minutes. The sylvan Porthcurno valley in Cornwall, located on the Atlantic coast…
Missing just five of the market’s best-performing days over the last 21 years could have significantly reduced investors’ wealth, according to an analysis by Abakkus Mutual Fund. The study compared the compounded annual growth rate (CAGR) of major Indian equity indices between April 2005 and July 2026, highlighting the difference between staying invested throughout the…