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How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...

India's first bullion index MCX launches | Bulldex or MCX iCOMDEX Bullion

  Multi Commodity Exchange (MCX) on Monday launched Bulldex or MCX iCOMDEX , India's first bullion index. It provides a complete basket of gold and silver derivatives products to index traders and investors. MCX said in a statement that Bulldex or MCX iCOMDEX   will have a weightage of 70% of gold and 30% of silver. That is, the buyer of this index deal will get 70 per cent exposure in gold and 30 per cent in silver from the same product. This has made retail traders and investors in the MSME segment the most suitable product for hedging price risk. The index will track the real-time performance of the 1 kg gold and 30 kg silver commodities futures contracts.   Bulldex or MCX iCOMDEX   is a cash-settled product unlike pre-existing products. This product is expected to attract a lot of investment from institutional investors such as mutual funds, portfolio managers, gems and jewellery companies. MCX chairman Saurabh Chandra said that with the launch of Bulldex or ...

Gold at an all-time high ten-gram @ Rs 56191 with an increase of Rs 685

  Due to the uncertain global economic environment, gold and silver demand remains. Due to this, the prices of both metals are continuously increasing. Along with the international market, gold and silver prices are setting new records every day.   On Friday, on the Multi Commodity Exchange (MCX), gold futures once again set a new record of all-time highs. Gold opened at Rs 55506 per ten grams in the morning. In a short time, it rose by Rs 685 to Rs 56191 per ten grams. This is the new gold all-time high record. However, this boom could not last long and then broke down and fell below the level of 56 thousand. It is trading at Rs 55750 per 10 grams with a fall of Rs 95 at around 10 am. On Thursday, gold had closed at Rs 55,845 per 10 grams. This is the October delivery price.   Due to increasing interest in safe investment globally, prices of silver futures are also registering a steady rise. MCX began trading in silver at Rs 75,063 per kg on Friday. In a short ti...