Latest news with #SIPs
Time of India
9 hours ago
- Business
- Time of India
‘Save, but also spend': Edelweiss MF CEO Radhika Gupta's advice to aggressive SIP investors
Edelweiss Mutual Fund MD and CEO Radhika Gupta has a word of advice for aggressive investors who channel every rupee into Systematic Investment Plans (SIPs) while preparing for the future — don't forget to enjoy the present. Taking to social media platform X (formerly Twitter), Gupta urged investors to strike a balance between saving and spending. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy Project Management Design Thinking healthcare Degree Cybersecurity Healthcare MBA Operations Management Leadership Product Management Finance Artificial Intelligence Technology Data Science Others Management Data Science Digital Marketing CXO PGDM Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details 'My job is to sell SIPs, but I always tell everyone — young and old — to take time to enjoy the fruits of your hard work. Save, but also spend on things that bring you joy, because that's what makes the journey worthwhile. Life isn't a race to have the highest NAV or the most money, but to live joyfully. The middle path exists — and it's a good one,' she wrote. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo — iRadhikaGupta (@iRadhikaGupta) Her advice comes at a time when mutual fund SIP inflows have hit a record high. SIP contributions rose to ₹27,269 crore in June, up 2% from ₹26,688 crore in May — marking the first time monthly inflows have crossed the ₹27,000-crore mark. Live Events The number of new SIPs registered in June climbed to 61.91 lakh, compared to 59.14 lakh in May and 46.01 lakh in April. Meanwhile, the number of contributing SIP accounts reached 8.64 crore in June, up from 8.56 crore in May and 8.38 crore in April. Gupta's post sparked mixed reactions online. One user commented, 'Spending is like sugar — addictive and tempting. Savings and investment are the opposite. In trying to find balance, we often overspend and miss the middle path due to rising costs, education expenses, etc. Ideally, one should spend less than they save and invest the rest.' Another user quipped, 'What about retirement funds? After 60, people might not even have teeth to enjoy the fruits of their investments.' To a query if there are any international funds, Radhika said Edelweiss' international funds which invest 100% overseas are now open. She said that Edel Tech also invests 30 per cent in US while the balance in India cos.
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Business Standard
17 hours ago
- Business
- Business Standard
No App? No problem. Zerodha brings mutual fund investing to WhatsApp
This initiative empowers investors to buy, sell, and track their mutual fund investments with just a few taps, eliminating the need for a separate application. Imagine starting your SIP or checking your mutual fund portfolio with the same ease as texting a friend. That's what Zerodha Fund House is promising with its latest innovation—a seamless, app-like mutual fund investment journey right inside WhatsApp. Zerodha Fund House has launched a visual, tap-based investing experience on WhatsApp, allowing users to invest, track, and manage mutual funds without downloading a separate app. The interface is built to be intuitive, eliminating the need to navigate cumbersome text-based chatbots or switch between apps. At a time when most mutual fund investors are juggling multiple apps, logins, and dashboards, Zerodha's new WhatsApp-based service lets investors: Start Systematic Investment Plans (SIPs) Track existing mutual fund portfolios Complete KYC and onboarding for first-time investors All of this happens inside WhatsApp, making it feel less like managing finances and more like a casual conversation—just with bigger financial benefits. As Vishal Jain, CEO of Zerodha Fund House, puts it, "This isn't just a new feature; it's a new way to think about managing your investments: conversational, intuitive, and always at your fingertips." This move is not just a UI change—it's part of a growing shift toward 'conversational finance.' Much like how UPI made payments as easy as a tap, the WhatsApp interface for mutual funds could make investing second nature. Vaibhav Jalan, CBO of Zerodha Fund House, explains: 'We wanted to provide an interface that is instantly familiar and comfortable. By creating an app-like experience, we've built something that users can navigate visually and intuitively.' The WhatsApp investing platform is only available to KYC-verified users, ensuring security and regulatory compliance. How to Get Started To begin, just WhatsApp 'Hi' to +91-98453 35486, and follow the tap-friendly prompts. First-time users can complete onboarding within minutes. No downloads, no paperwork, no jargon.
Mint
18 hours ago
- Business
- Mint
Not SIPs, here's what Edelweiss' Radhika Gupta thinks you should spend money on, ‘I always tell everyone, take time to…'
A well-known proponent of the SIP or systematic investment plan, as a savings and investment tool for young Indians, Edelweiss Mutual Fund Chief Radhika Gupta has now advocated for spending your money another way. Writing on social media platform X (formerly known as Twitter), Radhika Gupta wrote in Hindi and English, emphasising that the fruits of hardwork are to be enjoyed, not only saved. Radhika Gupta admitted that while it is her job to sell SIPs, she does advovate for people to 'enjoy the fruits of your hardwork' and find a good middle ground between spending and saving/investing. 'Started this journey with a dream, now a small joy fills my heart. The sweetness of hardwork is a different kind of joy.' (roughly translated from Hindi) she said on X, on July 23. Adding, 'My job is to sell SIPs, but I always tell everyone — young and old — to take the time to enjoy the fruits of your hardwork. Save, but also spend, on things that give you joy, because it makes the journey worth it.' 'At the end of the day, life is not a race of who has the highest NAV of most rupees, but who has lived most joyfully. The middle path exists, and it is good one,' she noted. A prominent figure on social media, interacting with everyday investors on X, Radhika Gupta often advices followers on various investment options and the potential market risks. In June, she cautioned ordinary investors against looking for high returns without understanding the risks, noting that finfluencers use FOMO to push 'crazy investment opportunities' that are meant for more seasoned players. She has also extensively batted for SIPs as a mode of investment that crores of common investors use to put their collective trust in the mutual funds market. She said that it is this 'collective trust' in investment instruments that give the Indian capital markets its stability; and also praised SIPs as the 'accessible savings-cum-growth solution' for common retail investors.
India Today
2 days ago
- Business
- India Today
Explained: Why buying flats on hefty EMIs may not be wise
For many Indians, buying a flat is more than just a transaction. It's an emotional milestone that symbolizes security, success, and ownership. But financial experts are now cautioning that this age-old aspiration may not always make sound financial sense, especially when the math tells a different Kodawar, Partner and President at Complete Circle Capital, recently sparked a conversation on LinkedIn by calling out what he termed 'the biggest personal finance mistake' Indians often make: purchasing a flat on EMIs at 8 to 9 percent interest, only to rent it out at a 3-4% maintenance and other charges, the real return may drop to just 2-3%,' Kodawar wrote. 'This is the real estate investment trap. Please don't fall into it. The real estate game is largely discovered and not that lucrative anymore.' His warning has resonated with a growing set of urban investors who are beginning to question the wisdom of real estate as an income-generating fact, data from Anarock Property Consultants shows that average rental yields in metro cities like Mumbai, Delhi, and Bengaluru remain stuck between 2 and 3 percent, far lower than prevailing home loan interest traditional belief that 'property never fails' is gradually losing ground to the rise of more efficient and liquid financial funds, equities, bonds, and annuity products are increasingly being seen as superior alternatives, delivering better post-tax returns with fewer hidden estate, by contrast, comes with its own baggage: illiquidity, legal complexities, prolonged holding periods, and mounting upkeep costs. Financial assets, on the other hand, can be aligned with one's risk profile, offer greater diversification, and are typically easier to shift is already visible in the data. According to SEBI, monthly Systematic Investment Plan (SIP) contributions crossed Rs 20,000 crore in early 2025, a strong sign of growing retail participation in market-linked investors, in particular, are exploring SIPs, Exchange Traded Funds (ETFs), and even annuity plans as practical, hands-off wealth is it time to rethink the ownership obsession?Despite the emotional weight attached to homeownership, financial advisors argue it's time to separate sentiment from interest costs are high, rental yields are stagnant, and property prices offer limited upside, the dream of owning a home can quietly morph into a long-term financial puts it bluntly: 'It's time we separate emotional fulfilment from financial sense.'(Disclaimer: This article is for general informational purposes only and does not constitute financial advice. Readers are encouraged to consult a certified financial advisor before making any investment or financial decisions. The views expressed are independent and do not reflect the official position of the India Today Group.)- Ends
Economic Times
2 days ago
- Business
- Economic Times
India's IPO market set to soar with Rs 2.58 lakh crore offerings in pipeline
Live Events Agencies (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Mumbai: From Tata Capital's ₹17,200-crore offer and LG Electronics' ₹15,000-crore issue to Groww's ₹5,950-crore share sale - India's primary market is gearing up for a blockbuster round of initial public offerings (IPOs) in the rest of 2025. Financial services firms, startups, unicorns and others are among those preparing to list on the domestic to data from Prime Database, IPOs worth ₹1.15 lakh crore have received approval from the Securities and Exchange Board of India (Sebi) and are awaiting market entry. Another ₹1.43 lakh crore of share sale proposals are awaiting regulatory ₹2.58 lakh crore of offerings are in the the first half of 2025 (January-June), 26 companies raised ₹52,200 crore. The largest among them was HDB Financial Services , which raised ₹12,500 crore. The pipeline for 2025 includes new age businesses such as Meesho, fintech unicorn PhonePe, Boat, WeWork India, Lenskart, Shadowfax, Groww and Physics Wallah, among sizes are expected in the range of ₹1,500 crore to ₹9,000 crore. Pine Labs, Amagi, Wakefit, Urban Company, TableSpace and Shiprocket are among the other firms looking to raise money through the first half of 2024, 34 public offerings were launched, collectively raising ₹29,607.95 crore, and in the second half, 56 hit the market, mobilising ₹1.30 lakh calendar year 2024 saw a total of 90 IPOs raising Rs 1.60 lakh crore, according to strong pipeline of issuances is driven by confidence that investor appetite for IPOs remains strong."The growth in fundraising through IPOs has been on the back of growing investor participation, both retail and institutional, as well as retail through institutional, particularly mutual funds," said Bhavesh Shah, managing director and head of investment banking , Equirus funds, armed with a continuous flow of money into equity schemes, have been among the top participants in IPOs, as rich valuations in the secondary market have prompted money managers to deploy money in these the past 12 months to June 30, equity scheme assets grew 22% from Rs 26.82 lakh crore to Rs 32.69 lakh crore. About Rs 27,000 crore gets added to equity-oriented schemes each month by way of systematic investment plans (SIPs).Several IPOs have been driven by private equity firms nearing the end of their fund cycles, triggering a wave of exit activity."IPOs are picking up as many PE funds are nearing the end of their life cycle and need exits," said Mihir Vora, chief investment officer at Trust Mutual Fund.
