Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'
'Tax rate and stock markets are entirely two different things.'
Meaningful market share would go to those who have the distribution strength to push their products, such as banks.
The queue for mutual fund (MF) licences has thinned down due to quick clearances by the Securities and Exchange Board of India (Sebi) alongside applications being withdrawn amid regulatory changes. There were, at the end of September, only two pending MF applications: By AngelOne and Unifi Capital. By comparison, there were 11 applications lying before the market regulator at the start of calendar year 2023.
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.
India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.
While Emami is still struggling to push growth, given weak rural demand, the sale of the group's stake in AMRI Hospitals should ease investor concerns about stake pledges by promoters. It has also carried a series of stake acquisitions which should enable the expansion of its brand portfolio. The Q2 results are likely to see flat volumes and low revenue growth alongside some gross margin expansion.
There is a lot of optimism across all markets and a large part of it is justified, says Samir Arora of Helios Capital Management.
'There will be massive differences in sectors and stocks over the next few years.'
'We are most bullish on all aspects of the financial sector -- private sector banks, even one state-owned bank, insurance, mortgage finance, broking, wealth management, gold finance, etc.'
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
'The introduction of a tax on LTCG will be a deterrent for foreign investors and could potentially result in a movement of trading activity away from India to other offshore jurisdictions such as Singapore, which offer better tax rates and sophisticated financial products.'
Reliance joins a number of large companies, including the Essar and Adani groups, which are raising loans abroad as interest rates in India remain high.
De-allocation could raise import bill by $3 billion, add to coal shortage.
Top officials said asking employees other than the fund management team to mandatorily invest a fifth of their salary goes against the principle of natural justice.
The credibility of India in the eyes of foreign investors has also relatively gone up, with China's blunders in this crisis.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
Long-term investors can stay put in the markets, but should brace for volatility
'Equity investing should be for longer than a year's perspective.'
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Tickets for matches in Brasilia have already been on sale for months and it remains unclear how fans, many of whom may have bought flights and booked hotels, would be reimbursed