Sebi has revamped mutual fund rules, introducing new categories like contra funds and sectoral debt funds. Existing schemes must align within six months. The regulator aims for greater clarity and reduced portfolio overlap, especially in equity and thematic funds. Goal-based life cycle funds are also introduced, with specific exit loads.

Radhika Gupta has endorsed Sebi’s newly introduced life cycle funds, calling them simple, effective and ideal for long-term financial planning. She said the products automatically adjust asset allocation based on investors’ time horizons, promoting discipline and reducing decision fatigue within a tax-efficient, goal-based investing framework.

Sebi has launched a new category of mutual funds called Life Cycle Funds. These funds are designed for goal-based investing with a fixed maturity and a glide path. Investors can choose from various maturity options, and asset allocation automatically adjusts over time. This move aims to simplify long-term financial planning for investors.

Technology mutual funds are currently the worst performers across various timeframes. Experts advise against emotional decisions. Investors with limited exposure should stay invested. For new investments, diversified funds are recommended. Sectoral funds require precise timing, making them unsuitable for regular investors. The IT sector faces challenges from global slowdown and AI disruption.

An investor's Rs 95,000 monthly SIP towards a Rs 5 crore goal appears on track, potentially reaching Rs 6 crore in 15 years with a 12% annual return. While the investment amount is robust, holding 16 mutual funds warrants a closer look at scheme overlap and diversification to ensure optimal returns and manage risk effectively.

SBI Multi Asset Allocation Fund has delivered positive returns for 10 consecutive years, supported by diversification across equity, debt, gold and silver. Despite not topping category charts, it has consistently outperformed on short-term horizons. Analysts say its resilience stems from asset mix, though DIY allocation via low-cost funds may offer better efficiency.

LIC Mutual Fund introduces its new LIC MF Technology Fund. This open-ended equity scheme invests in technology and digital companies. Experts advise caution, highlighting the difficulty of timing sector cycles. They suggest diversified funds for most investors. The fund aims for capital appreciation by investing in technology-related equities. Investors should consider their risk appetite and investment horizon.