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.
'We operate in an economy that is structurally positioned for long-term growth. As market levels rise over time, our AUM grows in line.'
Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.
Nimesh Shah, managing director & CEO of ICICI Prudential Asset Management Company, tells Chandan Kishore Kant that he is bullish on the Indian market.
Net inflows of $1.2 billion into Indian equities in the last two months have taken market participants by surprise.
Investors with moderate risk profile and investment horizon of over three years could look at investing in balanced funds.
The hard truth is that unless you start investing for your children in advance, in appropriate investment avenues, you are risking their future aspirations.
"The 21,000 level is meaningless. In the past five years, earnings have grown 40 per cent. One should look at the P/E. We are very positive on the market despite elections being around the corner," says Milind Barve MD, HDFC AMC.
'The number of first-time investors into MFs can grow four times more than the current rate if we are able to accept the bank KYCs.'
Domestic fund houses are of the view that the US Fed's status quo stance on rates is a positive indication for RBI to lower its lending rates.
Sebi wanted to know how much Mutual Fund head honchos were paid. A look into who got how much...
Steep volatility in the markets has made fund managers cautious, awaiting opportunities to deploy the cash.
Over 700,000 new investor accounts have been opened so far in FY15.
Market breadth is positive with 942 advances and 196 declines.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
A summary of sports events and sports persons, who made news on Saturday
Subramaniam feels it does make sense to have some overlay in lump sum if one has the cash to do so.
Notwithstanding Congress' reprimand, Union Steel Minister Beni Prasad Verma on Saturday intensified his attack on his friend-turned foe Mulayam Singh Yadav accusing him of conniving with the Bharatiya Janata Party to flare up communal passions and dared the Samajwadi Party leader to a public debate on Babri issue.