Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Focus on large-caps and ensure that the portfolio is balanced.
Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Asset Management Companies (AMCs) demonstrated improved business metrics in the first quarter ended June 2023 (Q1FY24), but a sharp run-up in stocks leaves little room for further upside in the immediate term, say analysts. During this quarter, HDFC AMC reported a 10 per cent year-on-year (YoY) rise in revenue from operations at Rs 575 crore. Nippon India's revenue from operations went up 12 per cent to Rs 354 crore.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Fund managers say the recent fall is not going to sustain.
US and European institutional investors bought a majority of shares in the over Rs 4,800 crore (Rs 48 billion) QIP offering by telecom operator Reliance Communications.
Industry players credit Sebi's first woman chairperson with putting special emphasis on cyber security, use of tech and data, areas where Sebi is trying to 'stay ahead of the curve'.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Investing merely on the basis of past return can land you in trouble even in debt funds, a supposedly safe asset class, suggests Sarbajeet K Sen.
Kaizad Bharucha, executive director of HDFC Bank, emerged the highest earning banker for 2021-22 (FY22). This was revealed in a remuneration assessment of the country's top bankers, according to annual reports. Bharucha, who oversees wholesale banking at HDFC Bank, received Rs 10.64 crore remuneration in FY22, mainly due to Rs 4.46 crore as performance bonus. Although earned between 2017-18 and 2020-21 (FY21), the bonus payout was partly paid in FY22.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
For investors, every cost-saving means higher returns.
ICICI MF recently filed for an ETF that will track the Nifty Alpha Low-Volatility 30 Index. It is part of the suite of smart-beta indices with the NSE, with the portfolio designed using a combination of two factors.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Data shows of the 385 companies, which had announced their latest shareholding, fund houses cut their stake in about 200.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
IndusInd Bank was the top gainer in the Sensex pack, rallying over 15 per cent, followed by Bajaj Finance, HDFC, Axis Bank, ICICI Bank, M&M and SBI. On the other hand, Sun Pharma, Nestle India, NTPC, HCL Tech and Bajaj Auto were among the laggards.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
With gold prices rising and debt holding steady, fund houses have launched multi-asset funds for passive customers who are not so nimble while churning their portfolios.
More may follow as market indices gain 80 per cent
In a chat on rediff.com, Feroze Azeez offered valuable tips.
With the demand for credit expected to shoot up, private banks are bolstering core capital. Seven of them are in the process of raising a cumulative Rs 10,500 crore in equity to fund expansion, which, in some cases like Axis Bank's, includes entry into mutual fund, private equity and wealth management businesses.
Cheque payments will be safer; the limit for contactless card transactions hiked.
There is polarisation among sectors with IT and healthcare receiving the lion's share of FPI money in the past two quarters.
Bonuses are typically commensurate with deal activity in any given year. Investment banks, on average, pocket 2-3 per cent as fees for managing an IPO and 1.5-2 per cent for handling QIPs.
To be fair, one year is too short a period to judge the schemes' performance.
Issuers are currently not comfortable with the bids they have been getting for their bond offerings.
MFs have garnered record assets in the past one year, led by increased investor participation through SIPs and robust returns in mid-cap schemes.
Take a call to stay put or opt our based on whether you think the company will be able to find a strategic investor, suggests Sanjay Kumar Singh.
The rally in silver may continue if the global economic recovery remains on course.
Given the prevailing uncertainties, investors must maintain a 10-15 per cent allocation to gold in 2023.
'Avoid taking excessive credit risk via mutual funds such as high-yield fixed maturity plans and credit opportunity funds.'
Add a term plan with a child mutual fund for best results.