The report, released by PMS Bazaar, compared the performance of 335 PMF funds with 388 regular mutual funds, spread across varied time frames such as 1, 3, 5 and 10 years.
In a consultation paper released on February 2, SEBI suggests that nomination be made optional for jointly-held mutual fund folios and demat accounts.
Infrastructure, tourism, defence, consumption and railways are among the key sectors that stand to benefit from the announcements made on February 1, fund honchos say.
Experts believe that this could accelerate the infra development activities in the absence of much private capex spending. The Government increased capex outlay to 3.3% of GDP for FY 2023–24, nearly trebling its expenditure in 2019–20
The Budget has been neutral for equity markets. But the fixed income market has reacted positively. Falling yields would help the Financials sector and the focus on rural as well middle income housing would help the Housing sector.
Paytm is not among heavily-owned stocks by mutual funds in India as 23 fund houses via 69 schemes have invested Rs 1,995 crore in the company. Paytm’s average market-cap was Rs 53,327 crore during the June to December period.
Fund managers of actively managed mutual funds have increased exposure significantly in these sectors over the last three months
Equity-linked tax savings schemes, the only pure equity investment in the Section 80C basket of eligible tax saving instruments, got net inflows of just Rs 3773 crore last year, the third least flows among 11 equity fund categories. The 3-year lock-in was the impediment.
The ICICI Prudential Nifty50 Value 20 Index Fund is a new scheme that adds to the growing pool of passive smart beta funds. But is it any better?
Quality microcap stocks have the potential to outperform over the long term. Despite market highs, Flexicap mutual funds can add small- and micro-cap stocks due to the flexibility
After the mid-cap and small-cap indices gave returs of 45 percent and 49 percent in 2023, portfolio managers of PMSs have started to build safety nets to brace for a more volatile 2024
In 2023, equity markets went up substantially, but the crash on January 23 reminded us that what can go up can come down just as fast. So, what’s the way out? Rebalance your portfolio when markets swing wildly.
Individuals investing via SIPs shouldn’t alter their approach. On the other hand, lump-sum investors might consider a cautious approach given the current market conditions. More allocation must be considered in large-cap stocks and temper your expectations.
Returns in CPSE ETF have been fuelled by a stellar rally in public sector names. However, going ahead with the election year, investors would be wise to moderate their expectations and book part profits if they have seen good returns
These new midcap stocks got relatively high momentum score among the peers within the Nifty 200 basket over the last one year
Changes have been effected at prominent schemes such as ICICI Prudential Balanced Advantage, ICICI Prudential Liquid, and ICICI Prudential Multi-Asset Fund, among others.
Although equity markets are open on January 20, mutual funds have maintained it as non-business day. Even if Net Asset Values are declared today, Saturday, investors’ transactions will happen at NAVs declared on the next business day – Tuesday for all funds and Monday for liquid and overnight funds.
Though HDFC Bank’s Q3 results were subdued, mutual funds continue to hold the stock but there are contrarians among the pack. Of the 422 actively-managed equity funds that hold the banking stock, 27 diversified funds exited the stock over the past six months
To achieve a diversified portfolio, it’s advisable to include both active and passive funds. For successful mutual fund investments, knowledge about asset allocation and market timing is essential. And the next time a bellwether stock falls on a given day, just stay invested. Keep monitoring, though.
Largecap stocks held by mid-cap and small-cap funds tend to cushion the fall whenever the market corrects. However, it is not a cause of concern for the long term investors
Many liquid and overnight mutual fund schemes give back your money within a few seconds, if they offer the Instant Access Facility or Instant Redemption facility. This helps if you need urgent cash and it’s a weekend or a public holiday. This facility is only available with liquid and overnight mutual fund schemes, as per SEBI rules
Data from the Periodic Labour Force Survey tell us which workers in which states work the least, who are the most industrious and how many work more than 70 hours a week
Despite stretched valuation in the midcap space, many large-cap funds have added fresh positions in quality midcap stocks in the last three months
While many Asian countries are expected to see moderate to strong growth, China can be a notable exception as weak consumption, lower industrial production and distress in property markets weigh on a rebound in 2024
Old Bridge Focused Equity Fund is a focused equity fund that would invest in up to 30 stocks; but most probably far less than that. Its co-fund manager Kenneth Andrade will, given his style, manage this fund with a mid- and small-cap stock tilt. The usually quiet Focused Fund category is about to get a jolt.