“Based on the exit rate for the quarter ending March 2025, I think market expectations for FY25-26 are more realistic, with low double-digit earnings growth. This augurs well for the market,” shares Sanjay Chawla, CIO - Equity, Baroda BNP Paribas Mutual Fund.

In an environment where active fund alpha is fading, the Next 50 is emerging as a strong satellite bet in core portfolios.

Could you please explain in simple terms how one can identify the stage of the business cycle

After the Reserve Bank of India (RBI) unexpectedly cut interest rates by 50 basis points and reduced the cash reserve ratio in early June 2025

It's quite common to see investors delaying the start of their investment process for different reasons.

Long-term wealth has little to do with excitement.

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

The no-budget approach offers a simpler, more flexible alternative to traditional budgeting.

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Business cycle investing works by anticipating a business cycle beforehand based on market conditions and deploying a sector rotation strategy as time progresses and the economy moves through different phases.

Specialised Investment Funds (SIFs) are the latest entrant into India’s financial market landscape

I read the story on multi-asset allocation funds in the previous issue.

Imagine a mutual fund that can generate returns not just in rising markets but also during downturns.

"A diversified equity portfolio comprising well-managed companies with scalable operations, a focus on capital efficiency, and strong earnings growth is likely to offer long-term stock appreciation for investors," explains Yogesh Patil, CIO - Equity, LIC Mutual Fund

Recent market trends underscore the growing appeal of MAAFs.

An experienced advisor plays a vital role in identifying and correcting these blind spots—ensuring decisions remain anchored in long-term goals.

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Lazy portfolios are investment strategies crafted for simplicity

I found the story on mutual funds for NRIs very informative

In an investment landscape marked by uncertainty

Markets are inherently complex, with outcomes driven by numerous variables.

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Thematic PSU funds offer investors a unique gateway to capitalise on India evolving public sector landscape

I found the Expert Speak column in the last issue very interesting

The recent market rally has once again brought thematic and sectoral mutual funds into the spotlight

“Rather than be swayed by short-term market noise, investors should focus on asset allocation of their investment portfolios depending on their goals, risk appetite and investment horizon”, voices Avnish Jain, Head – Fixed Income, Canara Robeco Mutual Fund

The market volatility can test your patience and perseverance.

In this article, we will explore how NPS works (Tier 1 and Tier 2 accounts), its tax implications, investment choices, historical performance, and examples illustrating why NPS is a powerful tool for retirement planning at any age.

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Portfolio Management Services (PMS) and Alternative Investment Funds

Markets are volatile in 2025, but stopping SIPs now could spoil long-term gains.

I am thinking of investing in mutual funds but do not have much

The Indian equity market experienced significant volatility

“While various scenarios are being built on the possible impact of tariff policies, they are unlikely to change the long-term India growth story”, affirms Kailash Kulkarni, Chief Executive Officer, HSBC Mutual Fund

MF QueryBoard

The key factors in this process should be your time horizon i.e. the period for which you intend to invest, risk profile, investment objectives, and the type of investment strategy you would want to follow.

Price is evaluated using a combination of valuation frameworks, including price-to-earnings (PE)

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Imagine a young artist, Maya, who dreams of creating a grand masterpiece

The article explores the factors driving China’s rally, its divergence from Indian markets

Understanding the Sharpe Ratio Could you explain the Sharpe ratio mentioned

The revamped framework by SEBI introduces salary-linked investment slabs

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Follow the step-by-step guide, including tips on inflationadjusted calculations and strategies.

With the rise of the social media and the increasing reliance on technology, the younger generation has developed

Millennials and Gen Z are reshaping India’s investment landscape with their

As the Indian stock market is on a downward spiral and mutual fund returns are also falling

It is a common belief that funds which perform well during challenging or volatile market conditions are robust investments

Interview with Nand Kishore, Managing Director and Chief Executive Officer, SBI Mutual Fund.

Have uncertain markets got you puzzled? Prajwal Wakhare breaks down how to smartly invest ₹10 lakhs in mutual funds. Discover tailored strategies for aggressive, moderate, and conservative investors, the power of index funds, and how systematic transfer plans (STPs) can help you navigate volatility and achieve long-term financial goals. Start investing wisely today! 

Sector and thematic funds have been attracting a lot of inflows from investors. Although these funds have varying degree of suitability to different segments of investors, those who want to park their funds often get attracted to them when the going is good in the stock market.

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

In today’s dynamic investment landscape, a robust portfolio isn’t just about picking the right stocks.

While it is an undeniable fact that the market downturn has impacted investors to the extent that their mutual fund investments have been cut short in their upward spiral of growth, this should not result in an immediate curtailment of the systematic investment plan (SIP). Such an action would imply planting a tree and then uprooting it during a storm. The article presents an analysis of how long-term SIPs can overcome market volatility unless there are compelling reasons to stop it 

With the equity market facing challenges in gaining upward momentum, does it make sense to invest in mutual funds during this downturn?

The Securities and Exchange Board of India (SEBI) has introduced Specialised Investment Funds (SIFs), a new asset class tailored for sophisticated investors seeking advanced strategies across equity, debt, and hybrid assets.

Seeing how mutual funds are finding their rightful place in investors’ portfolios is heartening.

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

March 31st is the cut-off date to complete tax saving investments every financial year and with less than 90 days left to close our books of accounts, now is the time to minimise your tax liability.

Mutual funds have transformed from a niche product to a ₹68 lakh crore ecosystem empowering millions. The formula for success is simple: Start early, invest regularly, diversify strategically, and ignore short-term noise. The article brings into the limelight the role that mutual funds can play in your investment journey 

The Indian market has been facing a severe downturn for the past few months.

The recent spike in SIP stoppages, with a discontinuation ratio of 109 per cent in January 2025, has raised concerns among mutual fund investors.

In the ever-changing financial landscape, mutual funds have been playing an increasingly important role in investors’ portfolio.

Investors take different routes to select mutual funds. Most of them look at historical returns to gauge future performance.

Securing children’s future is among the topmost priorities of parents. Given the inflationary pressure in modern times on education costs and marriages, it is often not possible to meet the needs by mere savings.

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Women are transforming their financial futures through mutual funds, breaking stereotypes and building wealth. Prajwal Wakhare explores how women can invest confidently, leverage SIPs, and navigate risks in this cover story. You will also learn why mutual funds are the key to financial empowerment, offering diversification, tax benefits, and liquidity. Take charge of your finances – start investing today! 

Referring to your article in the last edition, what should the MF investors' stance be if the volatility continues?

Market volatility can be scary, but it also offers opportunities for mutual fund investors. Prajwal Wakhare explains mutual fund investing in a volatile market, highlighting strategies like SIPs, diversification, and rebalancing to help manage investments during turbulent times and turn market fluctuations into long-term gains 

One of the challenges for investors is to keep their portfolios on track through their defined time horizon. The current market situation with heightened volatility can test the patience and perseverance of investors. However, history tells us that investors who stay invested during turbulent times in the market get their due in the long run.

Tax loss harvesting and tax gain harvesting are powerful tools that can help investors optimise their portfolio returns by minimising the tax liabilities. While tax loss harvesting enables investors to offset losses strategically to reduce their tax burden, tax gain harvesting allows them to book profits without incurring taxes, promoting long-term tax efficiency 

Your mutual fund factsheet article was very informative, but what are the nitty-gritty details that I should know when reading it? - Avdhoot Sinha 

The equity markets have become a source of anxiety for many investors, as volatility continues to test their resolve. For those who started systematic investment plans (SIPs) in equity funds in 2024, it’s not uncommon to see portfolios in the red or delivering low single-digit returns. And if you waited until June for post-election clarity before investing, chances are your portfolio is struggling even more. 

Interview with Harish Krishnan, Co-CIO and Head of Equity at Aditya Birla Sun Life AMC.

MF QueryBoard

Equity, as an asset class, has an important role in the wealth creation process of investors. However, considering that the stock market tends to be volatile from time to time, investors must have the patience to not only stay invested during these turbulent times but also continue investing to benefit from averaging. It is equally important to build a well-diversified portfolio to minimise the risk. However, investors often get tempted to invest aggressively into funds that either have a narrow investment universe or a concentrated portfolio. 

Mutual fund factsheets provide essential insights into a funds performance, portfolio, key ratios, and other vital details. Understanding factsheets helps investors track investments, analyse risks, and make informed decisions. Prajwal Wakhare explains how to read a factsheet

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Saving for specific life goals is at the heart of all investment decisions that we make. Among the many important milestones in life, the college and higher education admission of children remains the most critical for investors. Securing entry into reputed colleges in India or even abroad is a great starting point for kids to launch their careers. But as with all good things in life, higher education costs a lot of money and it is necessary to start saving judiciously for the goal early enough. 

Tax loss harvesting and tax gain harvesting are powerful tools that can help investors optimise their portfolio returns by minimising the tax liabilities. While tax loss harvesting enables investors to offset losses strategically to reduce their tax burden, tax gain harvesting allows them to book profits without incurring taxes, promoting long-term tax efficiency 

As Indian;economy continues to grow, albeit at a slower pace, fostering an environment that encourages long-term savings and investments is crucial.

Drawdowns are a natural part of investing in mutual funds. While they can test investor patience, history shows that funds with strong fundamentals and a disciplined approach tend to recover and generate long-term wealth. This article explores the lessons we can learn from mutual fund volatility and how managing drawdowns is the key to achieving long-term financial goals 

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

In the financial world, it is of utmost importance to be aware of what an investor or individual must avoid, rather than merely knowing what to do or adopt. So, in this article, not only will we discuss financial habits to build a strong 2025, but we will also focus on what should be avoided, which will ultimately help you significantly 

Relating to your cover story in the last edition, I wanted to know the return comparison given by gold and equities in 2024.

As we step into 2025, it is time to reflect on a remarkable year for India’s mutual fund industry.

One of the key factors that can help you achieve consistent investment success is to follow a goal-based investment process. Apart from creating a roadmap, it allows you to have clarity in terms of time horizon and target for each of the goals. Besides, it helps you decide how much you need to invest to achieve these goals as well as maintain the right balance in terms of risk and reward through an ideal asset allocation. 

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

Gold has long been a culturally significant asset in India and has transitioned from being a physical commodity to an attractive investment option through gold funds. These funds, including gold exchange traded funds and gold fund of funds, provide a convenient means to gain exposure to gold without the complexities of owning and storing physical gold. The article explains what lies beyond the glitter 

Your story about international mutual funds was very informative.

As an investor, have you ever chosen a fund simply because your friend did, or held on to a lossmaking scheme hoping it would bounce back? If yes, welcome to the club—biases often accompany us on our investment journey, sometimes silently sabotaging our financial goals.

Investing money is a life-long process and the sooner you start, the better off you will be in the long run.