'When markets go into a budget with excessive optimism, the risk of disappointment is higher.'
A key reason for the rise in crypto currencies in 2023 is the possibility of the world's first Bitcoin ETF over the next few months.
Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.
They help diversify portfolio and are less risky.
The securities regulator's approval for the first US-listed exchange traded funds (ETF) to track bitcoin has given Indian cryptocurrency companies hope that the move would create domestic support for the digital assets. The US Securities and Exchange Commission (SEC) on Thursday approved 11 ETFs for bitcoin, perhaps the most popular virtual currency. It would enable investors to access bitcoin without challenges such as setting up wallets or accounts with crypto exchanges that have previously suffered cyberattacks or implosion.
Buying units of international feeder funds is no different from buying any mutual fund unit.
Equity investments are fruitful over the very long 20-year term.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The mutual fund industry also witnessed record sales.
Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent.
Women have been leaving the investment decision to husbands.
Despite recent setback, these remain the most appropriate tool for international diversification
Be a disciplined investor for attractive returns, says fund managers.
With the introduction of 10 per cent tax both on long-term capital gains and on dividend, choose funds based on investment horizon and risk appetite, not on tax advantage, experts tell Sanjay Kumar Singh.
'As I became a citizen of the United States of America, I knew I was supposed to be shedding my Indian citizenship, but at the end of the day, Mera dil hai Hindustani,' says Roopa Unnikrishnan, Rhodes Scholar, Commonwealth Gold Medalist and Arjuna Award winner.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.