SIPs have been a convenient way for retail investors to put small amounts into mutual fund schemes every month. Of this, 90-95% went into equity-oriented funds. The numbers speak about their popularity.
Asian stocks hit a record high, fueled by a surge in technology shares and easing geopolitical tensions. South Korea’s SK Hynix reached a $1 trillion
Gilt funds invest in government securities. These funds are sensitive to interest rate changes. Rising yields have recently led to weak returns for gilt funds.
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