Aiming to build Rs 2 cr in 30 years with initial lumpsum investment?

To build a Rs 2 crore corpus in 30 years, disciplined monthly investing and early action are key. Starting with Rs 5,571/month and Rs 1 lakh lumpsum, compounding drives long-term growth.

Mutual fund SIP stoppage ratio slows down to nearly 72% in May

The mutual fund SIP stoppage ratio dropped sharply to 72.12% in May, down from 297.74% in April and 88.38% in May 2024, signaling improved investor sentiment. While 42.66 lakh SIPs were discontinued or completed in May, 59.15 lakh new SIPs were registered, reflecting a strong rebound in systematic investment activity compared to the previous month.

What is Systematic Withdrawal Plan (SWP) in mutual funds? 9 key things to know

RBI said to use cash reserve ratio as active liquidity tool

India's central bank is considering more frequent use of the cash reserve ratio (CRR) to manage liquidity and accelerate monetary policy transmission. This shift marks a departure from using CRR only during extreme cash fluctuations. Recently, the RBI unexpectedly reduced the CRR by 100 basis points to 3%, injecting 2.5 trillion rupees into the banking system.

Gold ETFs see inflows of Rs 292 crore in May after two straight months of outflows

Gold-based ETFs experienced inflows of Rs 292 crore in May, reversing two months of outflows, driven by resilient gold prices and global uncertainties. Investment demand surged by 170% year-on-year, fueled by strong ETF inflows, particularly in Europe, Asia, and India. Tata Gold ETF emerged as the top performer, offering a 2.53% return in May.

Debt mutual funds see outflows in May. Are safer assets losing appeal?

Debt mutual funds saw Rs 15,908 crore outflows in May, led by liquid and overnight fund redemptions. Corporate bond and money market funds saw strong inflows amid easing expectations and stable yields.