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Showing posts from May, 2024

15-15-15 rule in Mutual Funds

What is the 15-15-15 rule in Mutual Funds? ICICIdirect Research Desk  06 May 2024 When you invest in a mutual fund, you must have a goal in place - how much return to expect on investments, and by investing X amount every month - how much corpus you will generate in Y years. Once you have the clarity - your mutual fund investing journey becomes easier. One of the ways to have this done is through the 15-15-15 rule. In this article, we discuss the 15-15-15 rule for mutual funds.  Meaning of the 15-15-15 rule in Mutual Funds The 15-15-15 rule for mutual fund investing has three parts to it: The Investment: You should invest Rs 15,000 per month The Tenure: The total of your investment should be 15 years. It means that you will invest Rs 15,000 every month for the next 15 years. The Return: Your expected returns on your investment should be 15% If you can take care of investment and tenure and your portfolio generates a return of 15% in this duration, you will end up with more tha...

Godrej Family Announces Split after 127 years

Godrej Family Announces Split after 127 years ICICIdirect Research Desk 24 May 2024 The Godrej family is in the news - the group is splitting after 127 years. If you want to know the split details and the potential impact on your holding companies of Godrej group - this is the article for you. About Godrej Group The Godrej Group is a prominent Indian multinational conglomerate headquartered in Mumbai. Established in 1897 by Ardeshir Godrej and Pirojsha Burjorji Godrej, the group has since diversified into various sectors, playing a major role in shaping India's economic landscape for over 125 years. Here are the different business verticals of the Godrej group: Consumer Goods: This is the largest business segment of the Godrej Group, encompassing a wide range of household products under iconic brands like Godrej Appliances, Godrej Interio, Godrej Security, Godrej Air Products, Godrej Consumer Products, and more. Real Estate: Godrej Properties is a leading player in the Indian real ...

Commodity Mutual Funds

 What are Commodity Mutual Funds and how do you invest in them? When it comes to different asset classes for investments, commodity investments are not on most lists, especially in India. We have said this often: investors should know every investment option available. In this article, we look at commodity mutual funds, and if you think they match your investment goals, we will also tell you how to invest in them. What are commodity funds? We will start with the basics: What is a commodity? A commodity is a basic good or raw material that's traded on exchanges. These commodities are not manufactured but extracted or harvested from nature. Commodities are essential for various industries and our daily lives. Examples include oil (energy), gold (jewelry, electronics), wheat (food), and cotton (clothing). Now that you know commodities, understanding commodity funds is super simple. It is a type of mutual fund that invests primarily in commodities, which are raw materials or primary ag...