Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
Invest 5 to 10 per cent in a banking sector fund. Ensure that mutual fund's portfolio includes all three players -- private sector banks, public sector banks and NBFCs.
If the FM can levy education cess to meet the cost of education, then why not defense cess for defense cost, health cess, food cess, and so on. What are the tax collections meant for, asks Kanu H Doshi, partner of Kanu Doshi Associates, chartered accountants, Mumbai.
Indian retail investors continue to sell gold ETFs.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
Alert: The two-year full-time Master of Finance and Control Programme for 2005-2007, from the Department of Financial Studies, University of Delhi South Campus.
Since 2016, Sebi has made many rules to prevent unauthorised trading by stockbrokers. Yet, one comes across dozens of cases of blatant overtrading in client accounts, every year, leading to massive losses to investors, observes Debashis Basu.
Technology firm Wipro has a "high probability" of getting included in the benchmark Sensex, while two-wheeler major Bajaj Auto is the "most likely" deletion candidate, according to an analysis done by Brian Freitas, an analyst at independent research provider Smartkarma. The changes to the index will be announced mid-November, and will become effective from December 17. The December review uses the 6-month average market capitalisation and trading turnover data between May 1 and October 31 to determine changes.
The worst may perhaps be over for these stocks, suggests Sanjay Kumar Singh.
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
The Monthly Income Plans (MIPs), which had invited a lot of investor ire last year when they skipped regular dividend payouts, are back in favour.
The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank, by 2021-2022. Only 10 per cent of this has been executed.
The government on Friday proposed hiking the securities transaction tax on Futures & Options (F&O) contracts, a move that will increase the trading costs in the derivatives segment as well as help in curbing excessive trades. In the Finance Bill 2023, passed by the Lok Sabha on Friday, the Securities Transaction Tax (STT) on options is proposed to be increased to 0.0625 per cent from 0.05 per cent and on futures contracts to 0.0125 from 0.01 per cent. Analysts opined that higher STT will shore up the government's revenues to some extent and also discourage excessive trading since a large number of retail traders are losing money in the segment.
A mistake here can prove costly.
S Nagnath, President and CIO of DSP Merrill Lynch Mutual Fund in an extensive interview talks about his fund's investment strategy, his team of fund managers and why some of his company's funds have a huge portfolio of 50 to 60 stocks.
Industry players say they have learnt from the bitter experience of 2008 and have far better checks and balances in place to avoid an encore.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
Mutual funds are sitting on a huge cash pile of Rs 22,908 crore (Rs 229.08 billion). The absolute cash levels for all existing equity funds rose by 17.4 per cent to Rs 16,642 crore (Rs 166.42 billion) in February 2008 from Rs 14,176 crore (Rs 141.76 billion), in January 2008. Even the cash as a percentage of the total corpus increased to 8.7 per cent in January 2008, from 7.6 per cent in December 2007. The rising cash levels indicate the cautious outlook of the fund managers.
Steep volatility in the markets has made fund managers cautious, awaiting opportunities to deploy the cash.
Second-tier NBFC stocks are trading at 24.4x their trailing earnings, which is nearly twice their 15-year average of 13.9x
R H Patil was on Thursday appointed chairman of UTI Asset Management Company, the country's largest mutual fund.\n\n
This amount does not include losses suffered indirectly through investment in mutual funds (MFs) and insurance companies.
SBI was the top gainer in the Sensex pack, spurting over 2 per cent, followed by TCS, Tech Mahindra, HUL, Bajaj Finance, Kotak Bank and Titan. On the other hand, IndusInd Bank, PowerGrid, Bharti Airtel, Asian Paints and HDFC Bank were among the laggards.
The benchmark indices have rallied 28 per cent this year, while the broader market has outperformed
Influenced by ads like 'Make money sitting at home', 'Make Rs 10 lakh with just Rs 1,000', to YouTube influencers promoting 'pump-and-dump' stocks, a vast majority of small investors who mushroomed during the COVID-19 period are losing money in reckless overtrading in the market, cautions Dr V K Vijaykumar, Chief Investment Strategist at Geojit Financial Services.
With markets expected to remain volatile, promoters and lenders exposed to the industrials and materials space can face brunt of the price erosion of the pledged shares.
Loses notional value by 37.5% because of markdowns by investors
India remains one of the most over-owned market in Asia.
Priya Nair tells you how you can use technology to invest better and maximise returns.
Some pointers which will help an individual start her investment journey with confidence.
'In investing, you have to first make sure you don't make big mistakes.' 'I would advise small investors to be systematic, don't be arbitrary; don't be on either end of the risk spectrum.' 'Don't go from fixed deposit to option trading or crypto trading.'
'Do some profit booking and bring your equity allocation back to its original level.'
Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.
To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.