Equity mutual fund (MF) schemes have raked in Rs 46,200 crore in net lump-sum inflows in the past six months (ended February 2024), almost thrice the inflow in the previous six-month period.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
'The government has put in a lot of effort to provide infrastructure for the industry.'
rediffGURU Kirtan A Shah answers your personal finance queries.
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.
High dividend yield stocks usually perform well in a rising interest rate environment when investors value cash flows more.
rediffGURU Ulhas Joshi answers readers' mutual fund queries
'No human bias is involved as happens in active funds.'
He said with a view to releasing a white paper on the state's finances, the cabinet has asked the officials to furnish information on the expenditure made by the previous government from 2014 to December 7, 2023 on all departments in the state government and the purposes for which the expenditure was incurred.
Enter multi-cap funds only if you can stay invested for the long term.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
'Historically, the lead-up to a general election tends to be excessively volatile and big losses are perfectly possible.'
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.
The rally in silver may continue if the global economic recovery remains on course.
Fund houses are exploring ways to differentiate themselves in the hybrid space. A relatively unknown hybrid fund variant, Balanced Hybrid, is about to see its first launch since the introduction of mutual fund (MF) scheme categorisation norms in 2017. WhiteOak Capital MF has filed papers with the regulator for this scheme, which comes amid increasing interest in the hybrid space. MFs anticipate that hybrids will become the preferred category for investors with a lower risk appetite following changes in debt fund taxation.
Incidentally, after the rebellion in June last year led to Shinde becoming chief minister, one of the reasons they gave for breaking away from Uddhav Thackeray was the dominance of the NCP in the Maha Vikas Agahdi government.
'Investing in a factor-based fund can be beneficial provided you have chosen the right factor.'
The improving outlook for the power sector has caught the interest of dividend yield funds. In the first four months of the current financial year (2023-24, or FY24), five of the six largest dividend yield funds have shown a notable increase in their exposure to stocks within the power sector. Some have even introduced new stocks to their portfolios.
Global funds, according to Christopher Wood, global head of equity strategy at Jefferies, are now beginning to pay more attention to India with the market now offering 30 companies with a market capitalisation over $25 billion.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
Mutual funds focused on small-caps have emerged as the winner with a net inflow of close to Rs 11,000 crore in April-June quarter, as fund managers struggle to create alpha in the large-cap space, and the trend is expected to continue for some time. On the other hand, large-cap space, which is yet to pick up momentum, witnessed an outflow of Rs 3,360 crore during the quarter under review, data from the Association of Mutual Funds in India (Amfi) showed. Apart from the June quarter, small-cap funds logged an inflow of Rs 6,932 crore in three months that ended in March.
The Shinde-led Shiv Sena has maintained he will continue to be CM despite the NCP joining the state government, which also includes the Bharatiya Janata Party.
Prasanna D Zore/Rediff.com brings you the latest drama surrounding government formation in Maharashtra.
Several mutual funds (MFs) have recently approached the Reserve Bank of India (RBI) as they renew efforts to increase their overseas investment limit. In June 2022, the capital markets regulator Securities and Exchange Board of India (Sebi) permitted MFs to invest in foreign stocks within the aggregate mandated limit of $7 billion after a correction in stocks. One of the proposals shared with the RBI is to link MFs' foreign investment limit to the country's foreign exchange reserves.
Given the prevailing uncertainties, investors must maintain a 10-15 per cent allocation to gold in 2023.
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
Pawar, who joined the Shinde government earlier this month, was allocated the same portfolio once again, raising questions as to how the Sena MLAs react.
'Now that all the early adopters have the electric car, governments are backing down in some countries because they do not have the money to subsidise so much.'
G Murlidhar, MD and CEO, Kotak Mahindra Life Insurance Company explains how to make smart financial decisions for better gains.
Bengaluru recorded the highest green building stock at 140 million square feet, followed by Delhi-National Capital Region at 74 msf, and Hyderabad at 72 msf for Grade A office buildings as of September 2023.
BJP leader Anil Vij on Tuesday skipped Haryana Chief Minister Nayab Singh Saini's swearing-in ceremony where, according to the outgoing CM M L Khattar, he would also have been inducted in the cabinet.
CLSA says any correction in the market due to poll related uncertainty could be a buying opportunity.
Continuing buying interest across the pack helped the Bank Nifty index improve its new high on Tuesday (May 30). The index of banking stocks ended Tuesday's session at 44,436, a gain of 124 points or 0.3 per cent. On Monday (May 29), Bank Nifty hit a new high after a gap of 166 days.
The benchmark Nifty and Sensex could see another 8-10 per cent from the current levels, said HDFC Securities in its outlook for equity markets in 2024. The brokerage said that the market movement in the next year will not be linear, and there will be more volatility. When asked about the market reaction to the General Elections in 2024, Dhiraj Relli, managing director and CEO of HDFC Securities, said more than the outcome of the elections, the market movement in the next three to four months will decide the market trajectory post elections.
The impact of currency depreciation can also be mitigated by holding a portion of your investment portfolio in dollar-denominated assets.
Do keep the tax impact and exit load in mind before you take a decision to sell, says Vishal Dhawan.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
'The cousins do not have a good rapport with each other in politics, though they may be having a good rapport with each other in family life.'
Micro-cap stocks are in the line of fire as market regulator Securities and Exchange Board of India (Sebi) is tightening its noose around investment in small-cap stocks. Given this, analysts suggest investors exit the segment, at least, for the time being. Independent market analyst, Ambareesh Baliga, for instance, said that regulators have gotten worried on the valuation front, though belated, which could prove to be the last straw on the camel's back.
Portfolios were on Tuesday allocated in the new Bihar cabinet headed by Chief Minister Nitish Kumar who, predictably, retained the all-important home department which helps him keep direct control on the state police.
