Here’s our assessment of equity and debt markets in April 2019. Equity markets were muted after a strong March. Election outcome and the resulting clarity in terms of policy is expected to guide market direction post April.
News That MattersNot all News Matters. This is where we share news with you that can impact your money.
A few weeks back, investor Thiyagarajan Chandrasekaran posted on a popular financial portal ‘there is no dividend for the month of December-18 and February-19’. Thiyagarajan had put his hard-earned money in a top-rated balanced scheme of a mutual fund and was surprised to know that monthly dividends were not guaranteed.
It’s never too early to start planning for your retirement. As the saying goes, you can retire from work, but you needn’t retire from life. Managing your daily expenses and lifestyle desires, like travelling and spending on grand children is a part of what planning your retirement finances can help with.
Mirae Asset India Equity Fund will be renamed Mirae Asset Large Cap Fund. The fund was earlier categorised as a ‘Multi-cap fund’, which meant that it could invest across large, mid and small caps. With this change, it will be categorised as a ‘Large Cap fund’. This means, it will predominantly invest in large cap stocks only.