Floating-rate mutual funds are back in demand after a year-long period of consistent outflows. In the past three months, investors have poured over Rs 6,100 crore into these debt schemes, indicating a reversal in fortunes for the category that recorded outflows for 11 consecutive months (May 2022 to March 2023), totalling Rs 32,250 crore. Floating-rate funds invest at least 65 per cent in floating-rate instruments, which have their interest rates linked to the Reserve Bank of India repo rate.
Debt fund managers are reassessing their strategies after the setback delivered by the Reserve Bank of India recently. While most are refraining from any knee-jerk reaction to the central bank's surprise open market operation (OMO) announcements, they are taking a re-look at the duration of their schemes. Sandeep Yadav, head of fixed income at DSP Mutual Fund, said it has trimmed the duration of some schemes, considering the hawkish stance by the RBI.
While selecting a smallcap scheme, go with one that has a good track record and a stable fund manager.
Police have already arrested the teacher, and the principal of the school.
India and Pakistan haven't played a bilateral series since 2012/13, after that series the bilateral cricket ties between India and Pakistan have been suspended due to the heightened diplomatic tensions between the two neighbours.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
Following are the key points of the three criminal law bills, that were passed by the Lok Sabha on Wednesday and seek to replace the Indian Penal Code (IPC), the Code of Criminal Procedure (CrPC) and the Evidence Act.
rediffGURU Ulhas Joshi recommends five factors you need to look at to evaluate the performance of two schemes.
CWG bronze medallist Pooja Sihag's husband Ajay Nandal of Garhi Bohar village was found dead under mysterious circumstances in Rohtak
The 3,064-page chargesheet, filed in a Jammu court under the Unlawful Activities (Prevention) Act and various sections of the Indian Penal Code, names self-styled commander of the Hizbul Mujahideen terror group Syed Naveed Mushtaq alias Naveed Babu and his alleged network of aides.
The operation to neutralise the terrorists involved in the encounter that led to the killing of four security forces personnel continued for the second day on Thursday as the police claimed to have "encircled" two Lashkar-e-Tayiba terrorists in the higher reaches of Anantnag district of south Kashmir.
rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.
A powerful suicide blast ripped through a mosque in Pakistan's restive Balochistan province on Friday, killing at least 52 people and injuring over 50 others gathered to celebrate Prophet Muhammad's birthday, authorities said.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
In the last assembly elections in 2018, the state recorded a voter turnout of 74.06 per cent. The Election Commission has set a target of at least 75 per cent turnout in each constituency this time.
Mutual funds (MFs) have lined up information technology (IT) funds, indicating that technology stocks are back on fund managers' radar after a hiatus. Over the past 18 months, stock prices for companies in the software space have either corrected or remained subdued. Fund houses have launched five IT-based sectoral funds in the past three months, with three of them taking the passive route.
Mutual funds (MFs) are betting on a turnaround in the healthcare sector to boost returns but are divided on the prospects of the information technology (IT) sector amid uncertain growth outlook. At the end of June, all of the top 20 fund houses were overweight on the healthcare sector vis--vis the sector's presence in the BSE 200 index, shows a report by Motilal Oswal Financial Services (MOFS). In the case of the IT sector, only six of the 20 fund houses had overweight positions.
The Supreme Court on Wednesday directed the Centre to file a report on alleged attacks on Christian institutions and priests across the country as well as on the implementation of its earlier guidelines to curb hate crimes.
The brother of the martyr, Jai Kishore Singh, who himself is in the armed forces, accused the police of thrashing his father and abusing him.
Hard core glamour and entertainment were the highlights of the second edition of the Pinkvilla Style Icons Awards, held in Mumbai over the weekend.
A special NIA court has issued non-bailable warrants against 23 terrorists operating from across the border after exfiltrating from their home district of Kishtwar in Jammu and Kashmir, a senior police officer said on Wednesday.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The police, however, denied the charge saying they were only investigating a case of alleged terror links of two persons, now absconding, who were teaching at the seminary.
rediffGURU Hemant Bokil answers your personal finance queries
'It's important that every portfolio is well diversified.' 'My own portfolio is diversified across asset classes: 50% is in equity funds, 15% in international schemes, 25% in debt funds and 10% in sovereign gold bonds.'
'I have saluted thousands of senior officers during my 26 years of service, but saluting my own daughter made me very happy.'
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.
An IPS officer posted as deputy inspector general of police (DIG) in Coimbatore allegedly died by suicide after he shot himself early on Friday, the police said.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Singh and another accused in the case -- Irfan Shafi Mir -- were granted the relief by the court in a case filed by special cell of Delhi Police, noting that the probe agency failed to file chargesheet within 90 days from his arrest, as prescribed under law.
Davinder Singh, posted as the deputy superintendent of police, was arrested last weekend along with terrorists.
The necessary formalities were being completed in Jammu as well as in the national capital before the probe agency, which has been credited with breaking the nexus between stone-pelters and separatists in Jammu and Kashmir, takes over the case, officials said.
Retail investors now own a bigger slice of small-cap companies than a couple of years earlier, attributable to their growing conviction in mutual fund (MF) schemes focused on this space. Data from Capitaline shows MFs' average holding in the National Stock Exchange Nifty Smallcap 250 rising to 8.67 per cent, from 7.67 per cent in the past two financial years, with the number of companies with over 20 per cent MF holdings, rising from 15 to 24. At the end of May, the top five small-cap firms with the highest MF holdings were Carborundum Universal, Blue Star, Cyient, Gujarat State Petronet, and Cholamandalam Finance.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Building a whole product with the railways was challenging; we had to figure out how to load and unload a train when it stops for only about five minutes at a station.' 'We also helped them understand the revenues this would generate for them.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The enquiry commission's report tabled in the assembly on Tuesday said the police shooting on the protesters was unprovoked.