DSIJ Mindshare

Nifty opened on a positive note, but went into correction mode due to profit-booking and closed marginally lower at 11430, shedding 41 points. Out of exhaustion, Nifty may continue to consolidate at higher levels for the time being.

Taking weak cues from across the globe, we expect Indian stock markets to open on a subdued note and continue with consolidation to correction due to profit-booking before resuming its bounce towards the record levels.

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Just as you evaluate the performance of the portfolio of stocks, so also you should evaluate the performance of the mutual fund schemes in your mutual fund portfolio. There are time-tested methods to evaluate the performance of mutual fund schemes, so let us understand these methods and how to utilise them to evaluate the performance of MF schemes.

Banks may block the ATM card, deactivate internet banking and phone banking facilities and other services for an inactive or inoperative bank account. However, banks will credit interest on the balance amount in the inactive or inoperative bank account regularly.