We believe the fund is a high risk - high return investment proposition and risk-taking investors can consider investing in the same.
Tech Mahindra and United Spirits will replace them in the 50-share index of the National Stock Exchange with effect from March 28.
No futures and options contracts will be available in the said underlying indices from July 31, 2009.
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
Two equity funds at the opposite ends of the risk matrix - small-cap and arbitrage - bucked the 'low inflow' trend in May this calendar year 2023 (CY23) to receive the highest net inflows in recent years. The Rs 3,280-crore net inflows into small-cap schemes in May was the highest for the category since the mutual fund (MF) industry started releasing fund-wise inflow data in April 2019. Arbitrage schemes raked in a net Rs 6,640 crore - the highest since July 2021.
The NSE Nifty ended at 5,244 - up 15 points. HCL Technologies soared 8.5% to Rs 375. The company's net profit rose 72 per cent at Rs 262.57 crore for the third quarter ended March 31, over the same period last year.
rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.
The ongoing corporate results and the Union budget are also making participants tread cautiously though the GST agreement provided some relief.
The political economy of the IPO market involves regulators empathising with intermediaries, and designing a bridge that systematically takes wealth away from founders, VC and PE funds, and business houses, explains Ajay Shah.
Promoters, institutional investors have started increasing their holdings in domestic private sector companies.
The BSE Small-Cap Index (up 34 per cent) and the BSE Mid-Cap Index (up 28 per cent) have outperformed the Sensex (up 16 per cent) in the last two-and-a-half months, while the NSE Junior Nifty (up 25.4 per cent) and the NSE Mid-Cap Index (up 30.2 per cent) have beaten the S&P CNX Nifty (up 20.4 per cent) during the same period.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Stocks of companies having operations and exports to Europe were the top losers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Nitish Kumar has only done what any smart politician will do in his place,' says Saisuresh Sivaswamy.
'Article 15 is not the work of a hack, or of someone merely scooping a plot out of newspaper headlines.' 'It is a well-researched, clear-headed movie; but its findings have a purpose,' says Sreehari Nair.