Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Event-based volatility could rise in the near future, increasing arbitrage opportunities.
Regulator Irdai on Friday directed SBI Life Insurance Company to takeover the policy liabilities of around two lakh policies along with assets of Sahara India Life Insurance Co Ltd (SILIC) with immediate effect. The decision was taken at the meeting of the Insurance Regulatory and Development Authority of India (Irdai) in view of deteriorating financial health of the SILIC. "The Authority has identified SBI Life Insurance Company Limited (SBI Life), which is one of the largest life insurers in the country with satisfactory financials, as the acquirer insurer of the life insurance business of SlLIC.
'Investors should allocate about 5% to 10% to such funds.'
The one-year returns for equity-oriented mutual fund (MFs) schemes have largely mirrored the gains made in the secondary market. However, schemes that invest in infrastructure (infra), small-cap, and public sector undertaking (PSU) banks have emerged standout performers, with gains in excess of 100 per cent in some cases. Of the total 484 equity schemes, 353 have managed to beat the Sensex, reveals the data provided by Value Research. Around 20 have delivered returns in excess of 90 per cent and six schemes have given returns of over 100 per cent in the past one year. The S&P BSE Sensex Total Return Index (TRI) has given returns of 51 per cent in the last one year, ended October 29.
Domestic mutual funds (MFs) and foreign portfolio investors (FPIs) have been net buyers of stocks in August. Domestic fund houses have continued to invest in stocks, propelled by the success of various new fund offers (NFOs) and strong flows into equity funds. MFs had purchased stocks worth more than Rs 8,300 crore until August 23, according to the data provided on the Securities and Exchange Board of India (Sebi) website. Jimmy Patel, MD and CEO at Quantum AMC, says: "The surge in equity investments by MFs is because of two key reasons. One, equity NFOs are getting a strong response from investors, and fund houses need to deploy that money in the markets.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Equity fund managers say large-caps offer higher relative safety, especially in such times.
'If an investor is ready to stay put for the next five years, one can consider investing in mid- and small-cap funds, but through SIPs.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
While the proposed new tax regime is optional for taxpayers, the finance minister has said the government eventually wants to do away with all exemptions with a lower tax-rate simplified structure.
'The problem is that the bubble may not only be in valuations, but also in investors' minds.'
A combination of bank guarantees, letters of credit, buyer's credit for computer servers have been provided to the two local operational arms by Kotak Mahindra Bank and Deutsche Bank.
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
There cannot be value in every stock, whether large cap or otherwise. Thus buying a stock cheap does not always translate into value buying
Focus on large-caps and ensure that the portfolio is balanced.
Three closed-ended equity schemes have been launched in the past month or so and another is set to open soon for subscription.
'Sector funds like IT funds should be included only in the satellite portfolio.' 'Limit your exposure to IT sector funds to around 5-10 per cent of your equity portfolio.'
In last few years, a number of global players have exited the Indian mutual fund business.
Over longer periods of three, five and 10 years, small-cap funds have rewarded their investors handsomely.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
At the start of 2016, HDFC Bank, Infosys, ICICI Bank, L&T and Axis Bank were the top five picks of fund managers
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
You can look at equity-oriented balanced funds.
'In 2022, active management, long-short strategies, multi-asset strategies, and asset allocation strategies need to be considered to meet long-term investment goals.'
LIC identifies the problems well, but what the markets will watch is how nimble it is with the solutions.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
Most banks led by the State Bank, have or are going to declare DHFL account as NPA in the third quarter.
To be fair, one year is too short a period to judge the schemes' performance.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
'Indians are great savers, but they are lousy investors.'
'Funds based on this theme offer socially conscious investors an option to invest in a portfolio that is aligned to their beliefs.'
Three fund managers share their views and state where they are looking for value.
Retail investors have matured and have moved away from investing in only in-vogue products, says the managing director and chief executive officer of ICICI Prudential AMC.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
HDFC Life has a balance between traditional policies and Ulips
The online world is driven by convenience, simplicity and speed.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
While debt funds have emerged as the flavour of the season, not all investors understand debt funds. So the best they can do is put trust in the fund manager and the fund house.
Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.
