rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
Do not, however, enter expecting quick returns.
Basant Soren, JMM supremo Shibu Soren's youngest son, and seven others on Friday took oath as ministers in Jharkhand's Champai Soren-led government.
'For the next two years, we expect the bulk of earnings growth contribution from sectors like financials and energy, where the outlook remains positive, while the sectors which are linked to domestic consumption and are currently witnessing strains on margins have low salience for Nifty earnings.'
The wrangling between the Congress and the Nationalist Congress Party over portfolio allocation may lead to a delay in convening of the maiden session of the 12th Maharashtra assembly. The three-day session, where legislators in the 288-member House would be sworn in and a Speaker elected, is scheduled to begin from November 3. However, in the absence of swearing-in of the new ministry, after which a cabinet meeting approves a resolution.
Chief Minister Arvind Kejriwal on Saturday allocated portfolios to his six Cabinet colleagues while keeping the key departments of home, finance, power and vigilance with himself.
'The long-term impact of elections is minimal.'
Congress President Rahul Gandhi met disgruntled Karnataka MLAs led by M B Patil in the national capital but the talks remained inconclusive.
Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.
Decisions should not be based on feelings, such as optimism or pessimism about the stock market or specific investment products, suggests Avinash Luthria.
'Midcap and smallcap indices are trading in the expensive zone.'
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
Despite the rally in equities over the last few years, India, according to Christopher Wood, global head of equity strategy at Jefferies, is still in early stages of an equity cult. Any changes to the capital gains tax for equities - both long-term and short-term - in Budget 2024 scheduled to be announced on July 23, he believes, can trigger a bigger correction that what the markets witnessed post the Lok Sabha election outcome on June 4 that saw the Bharatiya Janata Party (BJP) lose majority, though it was able to form the government with the help of coalition partners.
'Investing abroad helps mitigate currency risk for foreign-currency denominated goals, such as children's higher education and international travel.'
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Ten ministers were inducted into the Mann-led cabinet on Saturday.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
An interesting imaginary conversation between Kirtan A Shah and an investor about how investing in mutual funds is better than investing directly in stocks.
Navjot Sidhu has been given power and new and renewable energy sources, and his tourism and cultural affairs portfolio has been given to Charanjit Singh Channi.
'IPOs have performed exceptionally well, with a notable increase in average ticket size from Rs 800 crore in the last financial year to around Rs 1,300 crore in this financial year.'
The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
Stocks of smallcap and midcap companies, which had caught the fancy of retail investors, also feature in the portfolio of leading politicians in addition to bluechip stocks.
Smallcap mutual funds recorded net outflows for the first time in 30 months in March as investors pulled out money after the markets regulator, the Securities and Exchange Board of India (Sebi), warned against "froth" in the mid and smallcap space. Active equity mutual fund (MF) schemes raked in Rs 22,600 crore in March. The March inflow is 16 per cent lower than the two-year high inflow of Rs 26,860 crore in February, shows data from the Association of MFs in India (Amfi).
'Historically, the lead-up to a general election tends to be excessively volatile and big losses are perfectly possible.'
'...over the long-term can be done only by investing in equities.' 'And during weak macros, one needs t1o allocate more than drawing it down, because they offer the best entry point.'
Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.
HDFC Bank's market capitalisation (market cap) touched Rs 13 trillion in Thursday's (December 28, 2023) intra-day trades as the largest private sector lender is set to report its sharpest monthly rally in the past two years. At 10:33 AM; HDFC Bank's market cap stood at Rs 13.03 trillion, the BSE data shows. The stock was up 1 per cent at Rs 1,717.90 in intra-day trades on December 29, inching towards its record high of Rs 1,757.80 touched on July 3, 2023.
British multinational BAT PLC on Tuesday said it plans to sell up to 3.5 per cent stake in India's ITC Ltd to institutional investors through a block trade. In a statement, British American Tobacco PLC (BAT), the single largest shareholder in ITC Ltd (ITC), said its wholly-owned subsidiary Tobacco Manufacturers (India) Ltd (TMI) intends to sell up to 43,68,51,457 ordinary shares in the Indian diversified entity to institutional investors by way of an accelerated bookbuild process (block trade), subject to customary closing conditions.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
Sidhu told Gandhi that he is working hard and will work harder now, and that he will join his duty as Punjab Congress president, Rawat said.
High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
The demand for flexible office space is emerging as India's top short-term portfolio strategy, as 47 per cent of companies want to increase its use over the next 12 months, according to a survey by property consultant CBRE. Flexible office space is a workspace designed to provide employees with a variety of different places and ways to work. These spaces can be easily modified to fit the needs of any new project or role.
Enter multi-cap funds only if you can stay invested for the long term.
Prasanna D Zore/Rediff.com brings you the latest drama surrounding government formation in Maharashtra.
'At the policy's maturity, the total premium is refunded.'
One common mistake investors commit during profit booking is not having a plan for the redeployment of the money that comes into their account.
High dividend yield stocks usually perform well in a rising interest rate environment when investors value cash flows more.
