PSU Bank ETFs gain up to 45% since last Budget. Is it time to book profits or stay invested?

PSU Bank ETFs have surged up to 45% since the last Union Budget, prompting discussions on profit booking. Experts suggest existing investors may stay invested or trim allocations, while new investments in sectoral funds are advised against. The rally is attributed to genuine business improvements, asset quality enhancement, and policy-led confidence.

Too many mutual funds? How to consolidate your portfolio without hurting returns

Young investors often over-diversify mutual funds. Financial expert Pankaj Mathpal advises Ashish Morya to consolidate his 13 SIPs to six key funds for long-term wealth creation. For a Rs 3 lakh short-term lump sum, a mix of flexicap and asset allocation funds is recommended, balancing risk and flexibility.

How much should you invest monthly to turn Rs 2 lakh into Rs 1 crore in 20 years?

Turning Rs 2 lakh into Rs 1 crore in 20 years requires disciplined monthly investing and the power of compounding. Assuming a 12% annual return, a monthly SIP of Rs 8,857 can help investors achieve the target corpus over two decades.