Market regulator, the Securities and Exchange Board of India, has set out five broad categories for mutual fund schemes, including equity, debt and hybrid funds that will benefit investors, says Ashley Coutinho
Brokerages are expanding the universe of stocks they cover amid a boom in the market. Several stocks in the mid-cap universe are now tracked by more analysts than they were a year ago. For instance, SBI Cards and Payment Services is now tracked by 17 brokerages, compared to just four a year ago.
Seek advice from Sebi-registered investment advisors whose names are available on Sebi's Web site.
sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.
The most important step is delivering what is needed -- a fairer IPO pricing, notes Debashis Basu.
One of the biggest advantages of index funds and ETFs is their low cost, points out Sarbajeet K Sen.
Equity flows have been under pressure since the second half of 2018, after the IL&FS crisis sent shockwaves in both equity and debt markets.
A rebounding and steady market is a good time to weed sectors and funds that tend to drag the portfolio.
The recent circular follows the 'true-to-label' concept, but large funds in the multi-cap category may be forced to merge in the absence of sufficient small-cap options.
These schemes are expected to perform in the next 2-3 years.
Data shows of the 385 companies, which had announced their latest shareholding, fund houses cut their stake in about 200.
HDFC and HDFC Bank's merger - touted as India's biggest-ever corporate merger - pumped up shares of the two entities on the bourses. Shares of Housing Finance Development Corporation (HDFC) skyrocketed 9 per cent while those of HDFC Bank zoomed 10 per cent. In comparison, the benchmark S&P BSESensex and the Nifty50 indices settled 2.2 per cent higher on Monday.
Domestic mutual funds (MFs) have kept their faith in the Indian stock market despite multiple headwinds all through 2022-23 (FY23), with their net flows into equities crossing the Rs 1.5-trillion mark for the second consecutive financial year. MFs pumped a net Rs 1.53 trillion into equities till March 1, 2023, the Securities and Exchange Board of India (Sebi) data shows, as compared to Rs 1.72 trillion in FY22. Since FY15, MFs have been net buyers of equities, except in FY21, when they sold a net Rs 1.21 trillion.
Rebalance the portfolio at least once a year to ensure it remains in sync with the target asset allocation.
While the purchases of celebrity investors become public knowledge, what is not known is the price point at which they bought them.
The sharp rally in the midcap stocks has made valuations expensive, and there is room for a correction, wrote Christopher Wood, global head of equity strategy at Jefferies in his latest note to investors, GREED & fear. The midcap index, Wood said, now trades at 24.1x 12-month forward earnings compared with 18.7x for the Nifty. Rising crude oil prices, he believes, are another worry for India, which imports nearly 80 per cent of its annual crude oil requirement.
Goals like buying a car or travelling abroad are short-term goals whereas purchasing a house or retirement planning are medium and long-term goals.
Outflows are likely to continue, experts say, till such time as the markets see a significant correction.
What are the points to consider when you evaluate a prospectus? Apart from looking at the fund's track record, latest performance and the credit worthiness of the fund managers, you need to look into the fund expenses as well.
Salil Dhawan explains how as you progress in your career you can also grow your money at a phenomenal pace if you start investing early.
Shares of MRF crossed a first time Rs 100,000 mark, hitting a record high of Rs 100,300, up 1.4 per cent on the BSE in intra-day trade. on June 13, 2023. The stock surpassed its previous high of Rs 99,879.65, touched May 8, 2023. Thus far in the current calendar year 2023 (CY23), MRF has outperformed the market by gaining 14 per cent on improved financial performance.
The rally in silver may continue if the global economic recovery remains on course.
Market expert Shrikant Chouhan, head of Technical Research, Kotak Securities, replied to many such important investment queries during a chat on rediff.com on Tuesday.
Given the prevailing uncertainties, investors must maintain a 10-15 per cent allocation to gold in 2023.
At the outset, decide whether you want to be a trader or an investor, suggest Sarbajeet K Sen and Sanjay Kumar Singh.
If you are bullish on the consumption theme, consider specialised mutual funds that focus on this theme. Remember that such sectoral mutual funds should not make up more than 5% to 10% of your equity portfolio.
You must invest to earn returns. Emotions and feelings must be reined in and an objective approach should be adopted to succeed in the market.
While comparing portfolios of various mutual fund schemes, investors must keep the following points in mind. Read on:
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
Majority of equity linked savings schemes as well as mid and small-cap funds outperformed their respective benchmark indices over a five-year period ended December 2015.
CoinSwitch has 7.21 times more cash holdings in rupees, compared to that held by its users on its platform.
They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
If a retail investor wants exposure to a healthcare ETF, it should be a part of his satellite portfolio, suggests Sanjay Kumar Singh.
Experts attributed the inflows to sudden rally in gold prices, mainly due to uneasy trade negotiations between the US and China and lower than expected global GDP growth.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
And there have been months when flows have exceeded $3 billion.
Shah had pleaded guilty in 2012 to securities fraud in a parallel civil insider trading case case.