rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Wondering if you did the right thing with your mutual fund investments?
Equity mutual funds attracted Rs 8,898 crore in July, a 43 per cent decline compared to the preceding month as markets continued to remain volatile amid concerns over inflation and rate hike expectations. For the 17th straight month, equity mutual funds witnessed inflows in July. The net inflows in July were lower compared to Rs 15,495 crore seen in June, Rs 18,529 crore in May and Rs 15,890 crore in April, according to data released by Association of Mutual Funds in India (Amfi) on Monday.
Importantly, is there hope going forward?
'Invest only in stocks of those companies that deliver on earnings and there is earnings visibility too for the next few quarters.'
After Ben Stokes enforced a follow on, New Zealand left the England bowlers frustrated on Day 3 of the second Test in Wellington.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, will answers your MF queries.
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Rising risk appetite amid higher confidence and attractive valuations favours these counters, apart from their performance.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Benchmark Sensex closed above the 85,000 level for the first time while Nifty scaled the 26,000 peak at close on Wednesday as fag-end buying in banking and power shares helped stock markets recoup early losses. After a see-saw trade during the day, the 30-share BSE Sensex rose by 255.83 points or 0.30 per cent to settle at an all-time high of 85,169.87. During the day, it surged 333.38 points or 0.39 per cent to hit a record intra-day peak of 85,247.42.
rediffGURU Ulhas Joshi answers readers' mutual fund queries
Monday's steep fall turned Sensex's yearly returns to - 2.57%, but only two large-cap funds did worse.
What worked for the markets was favourable global investor sentiment and encouraging flows into the emerging markets following stimulus measures taken by central banks.
Mutual funds (MFs) are lining up distinguished new fund offerings (NFOs) for the next financial year to win over investors after a lukewarm response to product launches in the 2022-23 financial year (FY23). NFOs drew a lukewarm response in FY23 as launches were mostly in the passive debt space, which has a comparatively lower popularity among retail investors. The limited launches in equity space also failed to rake in huge sums due to subdued investor sentiments in a volatile market.
Former Pakistan opener Mudassar Nazar on Sunday revealed that his team faced immense pressure in the early 1990s as a defeat, especially against India, would inevitably spark suspicions of foul play and match-fixing among fans back home.
Tata Motors, Bharti, Coal India among key gainers.
'A fund investor could pick, say, three of the top active funds in any given category.'
Vice President Kamala Harris, who is the Democratic presidential candidate, in an op-ed on Saturday, recollected her frequent visit to India as a child, and her mother's mission to cure cancer.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Among the Sensex firms, HDFC, HDFC Bank, Mahindra & Mahindra, Kotak Mahindra Bank, Bharti Airtel, Tata Motors, Reliance Industries and Maruti were the biggest laggards. Bajaj Finance, State Bank of India, NTPC, Hindustan Unilever, Titan, Infosys, Bajaj Finserv, Wipro, Asian Paints and Tata Consultancy Services were among the major gainers.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The benchmark Nifty50 managed to reclaim its 200-day moving average (DMA) on Wednesday but about half of top 500 stocks continue to languish below this key technical indicator. The 200-DMA - nearly a year's average of closing prices - is analysed by traders to understand the market sentiment. A fall below these levels indicates a weak trend.
Schick on target again as Leverkusen win, Leipzig thrashed 5-1
There was poor communication and complete mismanagement between the stadium authority and the Afghanistan Cricket Board (ACB). Rain had affected the buildup to the Test, the first between the two nations, with New Zealand not being able to complete a single practice session properly.
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.
After a strong show during the September quarter (Q2FY25) and favourable demand conditions, going ahead, the country's largest player in the room air conditioner segment, Voltas is well placed to improve its market share. Expectations of record volumes in FY25 for the sector and the company's strategy of prioritising market share over margins could help the leader expand share in the room AC segment.
The gap between the highs and the lows in April for the benchmark S&P BSE Sensex was just 4.1 per cent - the narrowest since July 2021 and nearly half its three-year average. The absence of major positive triggers, sectoral rotation, and cautiousness due to earnings and economic uncertainty have kept a tight leash on the markets, observe experts. Remarkably enough, during the 17 trading sessions in April, the Sensex didn't even log an advance or a decline of more than 1 per cent.
Pooja on holiday...Kareena's favourite Yoga pose...Samantha puts on her thinking cap...
The SIP route suits the salaried class, by matching their income flows with investment frequency.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
rediffGURU Ulhas Joshi answers your mutual fund queries.
Experts say the stock market correction in recent times increases the risk-reward in favour of large-cap stocks.
The downslide on Dalal Street did not spare big names in 2011, but small stocks lived up to their nomenclature with a much more sickening slump and investment in mid-cap companies also turned out to be messy affair.
The weakness in the rupee and broader markets has led to evaporation in the market cap.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.