High dividend yield stocks usually perform well in a rising interest rate environment when investors value cash flows more.
The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.
'We believe the truth is in the middle, and that India is at an important crossroads.'
'For most investors, I recommend a low double-digit allocation (10 to 12 per cent) to gold and silver combined.'
'Equities may not outperform every year, but if they do so seven times out of 10, it's an asset class worth relying on.'
Equity mutual funds attracted Rs 8,898 crore in July, a 43 per cent decline compared to the preceding month as markets continued to remain volatile amid concerns over inflation and rate hike expectations. For the 17th straight month, equity mutual funds witnessed inflows in July. The net inflows in July were lower compared to Rs 15,495 crore seen in June, Rs 18,529 crore in May and Rs 15,890 crore in April, according to data released by Association of Mutual Funds in India (Amfi) on Monday.
The Maharashtra municipal elections showed a troubling shift, where votes were traded for cash, convictions no longer mattered, and ideology became an afterthought, observes Ramesh Menon.
managers said the weaker rupee, which has driven up shares of technology companies, has helped the fund fetch better returns.
Invest money to meet your goals, not to meet the salesperson's targets
Hybrid mutual fund (MF) offers, expected to drive higher investor interest after the change in debt fund taxation, are set to end 2023 with the slowest account growth in the past three years. Investment accounts in hybrid funds are up 5.7 per cent so far in 2023 compared with 7.6 per cent in 2022 and 20 per cent in 2021, shows the data from the Association of Mutual Funds in India (Amfi). In 2020, the count had dipped 2.4 per cent.
'We kept this Budget on a larger plank, rather than on one incident, however serious.'
'We've not seen a crypto exchange come back after about 45 per cent of the value on the platform was impacted.'
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
The Ramanujan Fellowship is designed for brilliant Indian or Indian-origin scientists and engineers from outside India to undertake scientific research positions in India, as well as for those scientists and engineers who wish to return to India from abroad.
'Stay invested but progressively reduce risk. Beyond a point, the objective should shift from maximising returns to avoiding unpleasant surprises.'
Enter multi-cap funds only if you can stay invested for the long term.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.
The strong domestic flow offset selling by foreign portfolio investors who pulled out $23.3 billion (Rs 2.03 trillion) from domestic equity markets in CY25.
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.
The finance ministry has asked all ministries and departments not to initiate any new scheme in the current financial year and said that there is a need to use resources prudently in the wake of the COVID-19 crisis. However, funds for schemes under the Pradhan Mantri Garib Kalyan Package, the Aatmanirbhar Bharat Abhiyan package and any other special package or announcement would be allocated, according to an office memorandum by the department of expenditure, which comes under the finance ministry.
Bihar Chief Minister Nitish Kumar announced free power up to 125 units for all domestic consumers in the state, effective from August 1. The move, benefiting 1.67 crore households, comes ahead of the upcoming assembly polls and amid promises from opposition leaders.
The 100 per cent withdrawal provision and the 25 per cent minimum balance provision have led to some confusion.
The gold and silver holdings of domestic mutual funds (MFs) crossed the Rs 1 trillion mark for the first time in September, powered by a blistering commodity rally that lifted precious metal prices and drew fresh inflows into dedicated MF schemes.
The Supreme Court judges' filings revealed a generally conservative financial ethos, emphasising stability and long-term savings.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
Since April there have been no new NFOs because of the delay in the implementation of the new norms around pooling of funds.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Who pays what into EPF, EPS, and EDLI -- the 12% math explained.
Those who cannot bear significant downturns (as much as 40 per cent) or have a short horizon should exit entirely.
'They can transition from short to long-duration funds when the yield curve normalises.'
'These changes are expected to eliminate many data-entry problems that make the return filing process cumbersome in the current system.'
After United States President Donald Trump again raised the issue of alleged US funding of $21 million for voter turnout in India and 'kickbacks', the Bharatiya Janata Party has alleged that the money was used to sustain 'deep state assets' in India and demanded a probe into the matter.
'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'
: Build lasting wealth via disciplined, long-term mutual fund investing in India's compounding marathon, Shanaihi, Shanaihi, says Ramalingam Kalirajan
Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.
While investments are typically reviewed annually, risk cover is often left unchanged for years.
'Previously, contributing only 25 per cent of material costs, states now face burdens of 40 per cent to 100 per cent of total costs, ensuring poorer states will curb project approvals, directly stifling work demand.'
