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Time of India
13 hours ago
- Business
- Time of India
Market timing has little impact on SIP returns: Motilal Oswal MF study
Mumbai: Timing matters a lot when you're batting - like finding the sweet spot on the bat. In mutual fund investing, it might matter a lot less. A study by Motilal Oswal Mutual Fund shows that investors who started SIPs at market peaks and those who began at market bottoms ended up with nearly identical long-term returns. The first period examined in the study was from 2000 to 2005, a time marked by the aftermath of the global bubble burst and the Indian market's subsequent recovery - a phase of high volatility. During this period, the Nifty 500 Index 's price-to-earnings (PE) ratio swung sharply, peaking at 37.26 on February 24, 2000, and bottoming out at 11.58 on September 21, 2001. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy Others Data Analytics others Design Thinking Project Management Artificial Intelligence Degree Cybersecurity Leadership MCA Management Data Science Healthcare MBA Product Management healthcare PGDM Technology Finance Digital Marketing CXO Data Science Operations Management Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details 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 Agencies Despite this wide valuation gap, investors who started SIPs in either of these extremes and continued till March 2025 ended up with nearly identical long-term returns. An investor who began investing in February 2000 earned a CAGR of 15.47%, while one who started at the lower valuation in September 2001 earned 15.55%, according to the study. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo "Relying solely on valuation levels to start SIPs adds unnecessary hesitation," said Pratik Oswal, head - Passives, Motilal Oswal Asset Management. Similarly, between 2006 and 2010, the stock market went on a rollercoaster ride - surging during a roaring bull run, plunging during the global financial crisis, and eventually staging a recovery. An investor who started a SIP on January 4, 2008, when the Nifty 500 PE was 27.07, earned a return of 13.97%, while one who began investing when the Nifty 500 PE had dropped to 9.29 on October 27, 2008, earned a return of 14.36%. Live Events 'Systematic investment plans go through an entire business cycle seeing ups and downs. This volatility over longer terms averages out returns,' says Nikhil Gupta, founder of Sage Capital. Between 2011 and 2015, the stock market witnessed a volatile period. Equities were under pressure till mid-2013 after India was famously lumped together as part of 'Fragile Five'— a term used to describe emerging market economies that were vulnerable to capital flight risks. Subsequently, stocks rebounded on indications that the Narendra Modi-led BJP is coming to power. A SIP started on August 19, 2015, when the Nifty 500 PE was 25.79, returned 15.26%, compared with a SIP started on August 28, 2013, at a PE of 15.11, which returned 14.89%. 'Consistent long-term investing through SIPs have shown effectiveness regardless of where the market stands during the time of investing,' said Oswal.
Time of India
2 days ago
- Business
- Time of India
Russia-backed Indian refiner Nayara takes Microsoft to court over outage
Russia-backed Indian refiner Nayara Energy Monday said it has started legal proceedings against Microsoft following the abrupt and unilateral suspension of critical services by the U.S.-headquarterd software giant. "Microsoft is currently restricting Nayara Energy's access to its own data, proprietary tools, and products-despite these being acquired under fully paid-up licenses," the refiner said in a statement. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy Finance Degree Technology Data Science Cybersecurity Digital Marketing Project Management Artificial Intelligence Data Analytics healthcare MBA others Healthcare Management Operations Management Others MCA Product Management Leadership CXO Design Thinking PGDM Data Science 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 The refiner in its statement said that it has filed petition in Delhi High Court seeking interim injunction and resumption of Microsoft's services.
Time of India
3 days ago
- Health
- Time of India
Sribhumi set for 24x7 clean tap water with Rs 81.18cr project boost
Silchar: In a major boost to Barak Valley's infrastructure, Assam's public health engineering minister Jayanta Mallabaruah on Sunday laid the foundation stone for a Rs 81.18 crore drinking water supply project in Sribhumi town under the Jal Jeevan Mission (Urban). Tired of too many ads? go ad free now The initiative aims to deliver 24/7 tap water to over 15,000 households across 27 municipal wards, reaching nearly 75,000 residents. The ceremony at the Langai water plant was marked by traditional bhoomi pujan rituals and attended by ministers Kaushik Rai and Krishnendu Paul, BJP district president Sanjeev Banik, and senior PHE officials. Addressing a gathering at the Sribhumi District Library auditorium, Mallabaruah reiterated the state govt's commitment to Barak Valley's development. He said CM Himanta Biswa Sarma has earmarked Rs 350-400 crore for drinking water projects across the region. "Hailakandi alone has received over Rs 100 crore. Projects for Lala and Badarpur are in the pipeline, and construction will begin soon," the minister said, adding that the AMRUT scheme in Silchar is also progressing. He emphasised that Sribhumi's current water treatment infrastructure — commissioned in 1967 for a population of merely 12,000 — is grossly outdated. "This project is designed to meet the needs of today's Sribhumi," he said. The system will include a 129-km distribution network and five elevated service reservoirs (ESRs), strategically placed to ensure efficient water flow across town. While the project's completion target is December 2028, Mallabaruah urged officials to expedite delivery. "Clean water means fewer hospital visits and a healthier, stronger community," he said.
Hans India
3 days ago
- Health
- Hans India
Welfare package announced for sanitation workers
Welfare package announced for sanitation workers OdishaChief Minister Mohan Charan Majhi on Saturday announced a life insurance cover of Rs 10 lakh for sanitation workers, and a compensation of Rs 30 lakh if they lose their lives on duty. Majhi made the announcement after inaugurating a two-day national workshop on 'Transforming Core Sanitation Work -- Safety, Dignity & Inclusion', organised by the Housing and Urban Development department of the Odisha government. 'It is our moral responsibility to provide sanitation workers justice, safety and dignity,' he said, addressing the programme. 'Key sanitation workers, mostly engaged in cleaning sewage and septic tanks, will be provided with life insurance cover of Rs 10 lakh, assistance of Rs 30 lakh for loss of life in the field,' he said. They will also be given mobile phones and allotted houses under Pradhan Mantri Awas Yojana (Urban), he added. Majhi said a 15-day Statewide campaign will be held from August 15 to make sanitation workers aware of the benefits. He said the Jagannath culture also spreads the message of cleanliness. The Chef Minister said the Odisha government's social welfare scheme for sanitation workers, Garima Yojana, has been an inspiration for many States. He said more than 10,000 sanitation workers from 115 cities and towns of the State have been identified for the benefits. 'Today's workshop is an important platform. From this platform, sanitation workers from different States can learn a lot from each other's experiences,' he said. Representatives of seven States were participating in it. On this occasion, the Chief Minister inaugurated an exhibition of modern equipment related to sanitation work. He also felicitated some sanitation workers. Praising Prime Minister Narendra Modi's leadership, Majhi said it was Modi who launched the Swachh Bharat Abhiyan on August 15, 2014, envisioning sanitation in every household as a prerequisite for India's social and economic development.
Time of India
4 days ago
- Health
- Time of India
Majhi announces welfare schemes for sanitation workers
Bhubaneswar: Chief minister Mohan Charan Majhi on Saturday announced comprehensive welfare measures for sanitation workers that is likely to benefit nearly 20,000 workers during a national workshop on "Transforming Core Sanitation Work - Safety, Dignity & Inclusion" held at the Lokseva Bhavan Convention Center. Tired of too many ads? go ad free now The landmark announcements include a Rs 10 lakh life insurance coverage for the core sanitation workers engaged in septic and sewerage cleaning activities in different urban areas. They will also receive Rs 30 lakh compensation for accidental deaths. The package also comprises provisions for mobile phones and housing under the Pradhan Mantri Awas Yojana (Urban). "This workshop reflects our unwavering commitment to the safety and dignity of sanitation workers who tirelessly maintain the cleanliness of our urban areas," said Majhi while addressing the officials and sanitation workers from seven states and various districts of Odisha. Majhi highlighted the state's successful Garima scheme, which has become a model for other states. The programme has already identified and recognised over 10,000 sanitation workers across 115 urban local bodies as skilled and highly skilled workers. The scheme encompasses worker identification, safety equipment provision, skill development, and social security benefits. The chief minister, during his address, also highlighted how the Sri Jagannath culture stresses the importance of cleanliness. Housing and urban development minister Krushna Chandra Mahapatra termed sanitation workers as "invisible heroes", emphasising the need to ensure their rights and safety. Chief secretary Manoj Ahuja noted Odisha's national recognition in the sanitation sector and stressed the importance of extending these initiatives to rural areas. The event also saw participation from Amit Yadav, secretary in the ministry of social justice and empowerment, who praised Odisha's commitment to sanitation workers' welfare. Manvita Baradi, founder director of the urban management center, noted that states are now emulating Odisha's Garima scheme. The chief minister announced a 15-day statewide awareness activity on cleanliness from Aug 15 to 30 to expand sanitation programmes and committed to organising similar national workshops annually in Odisha.
