Balanced funds News
Total equity inflows into domestic mutual funds rose to all time high of Rs 18,200 crore in July, indicating the 'financialisation' of savings cycle in India, says a Deutsche Bank report.
Investors have pulled out nearly Rs 41,000 crore from various mutual fund schemes in May, with liquid funds witnessing most of the outflows.
Mutual fund managers net purchased stocks worth close to Rs 10,000 crore in April, making it the highest investment in five months, on sustained participation by retail investors.
If you are keen on investing in mutual funds and are looking at a long term horizon without a lock-in period then here are a few golden tips for choosing mutual funds that are likely to give you much better returns than any other investment option:
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