Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Karnataka chief minister-designate Siddaramaiah and his deputy D K Shivakumar arrived in New Delhi on Friday to discuss with the party's high command the names of ministers to be inducted into the new cabinet and the allocation of portfolios.
Avoid investing in a new ELSS scheme each year. Stick to one well-chosen scheme to avoid clutter in your portfolio.
Five Indian-origin women executives have made it to Barron's prestigious annual '100 Most Influential Women in US Finance' list for achieving positions of prominence in the financial services industry and helping shape its future. Barron's is a sister publication of the Wall Street Journal, published by Dow Jones and Company. "The list honours established and emerging leaders in financial services, the corporate world, nonprofit organisations, and government," the magazine said in a press release.
'It's important that every portfolio is well diversified.' 'My own portfolio is diversified across asset classes: 50% is in equity funds, 15% in international schemes, 25% in debt funds and 10% in sovereign gold bonds.'
The bull run in the Indian equity markets is intact, said analysts at Morgan Stanley in a recent note. They expect the S&P BSE Sensex to hit 80,000 levels by December 2023 in their bull-case scenario, to which they have assigned a 30 per cent probability. From the current level, this translates into an upside of nearly 29 per cent.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
'Our advice is to put money into equities now rather than staying away.'
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Denying talks about power sharing and speculations that deputy Chief Minister DK Shivakumar will take over as CM after two-and-half years or after 2024 Lok Sabha polls, minister MB Patil on Monday evening said Siddaramaiah will remain the chief minister for a full five-year term.
Tourism Minister Anand Singh and Municipal Administration and Small Scale Industries' Minister N Nagaraj (MTB) have openly expressed displeasure over their portfolio, and have sought "weighty" ones.
Alternative investment funds (AIFs) - pooled investment vehicles catering to high net worth individuals (HNIs) - saw a 30 per cent increase in investment commitments during financial year 2022-23 (FY23). At the end of March 2023, the total investment commitments raised stood at Rs 8.33 trillion, up Rs 1.92 trillion from Rs 6.41 trillion at the end of March 2022. A commitment is the money clients are willing to put into AIFs.
The Congress said that a chief minister "has to be always happy".
'Do some profit booking and bring your equity allocation back to its original level.'
'Set aside around six months' monthly expenses for emergencies.' 'Keep this money in safe and liquid options, such as liquid funds and fixed deposits.'
Life insurers are launching these again. Invest if you are conservative.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
Resist the temptation to react to every move of the market and remain disciplined with your investments till you reach your financial goal.
Microsoft will lay off 10,000 workers, about five per cent of its total workforce, its CEO Satya Nadella announced on Wednesday, terming it a hard choice that the tech giant had to make to remain a "consequential company" amid global economic uncertainties. Microsoft is the latest company after Facebook and Amazon to cut jobs as the bloodbath continues in the technology sector in 2023. Describing the current times as "significant change", Indian-origin Nadella said customers who accelerated their digital spend during the Covid-19 pandemic, are now optimising their digital spend to do more with less.
'Short term volatility is likely due to various factors, global and domestic; investors may use this as an opportunity to increase the allocation to equities.'
Investors pumped Rs 491 crore in gold exchange traded funds (ETFs) in February as they seem be taking advantage of the lower domestic prices caused due to declining international rates, appreciating rupee and reduction in custom duty. This came following a net investment of Rs 625 crore in January and Rs 431 crore in December. Prior to this, gold ETFs had seen an outflow of Rs 141 crore in November, data available with Association of Mutual Funds in India showed.
Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.
Institutional investments in real estate may fall 20 per cent to $4 billion during this calendar year because of a higher inflow of funds in 2020, according to property consultant JLL India. During the January-September period, the institutional investment rose to $2,977 million from $1,534 million in the year-ago period. "Unless some large portfolio deals are not inked at the end of the year, annual investments are expected to be in the $3.8-4 billion range in 2021," JLL said in a statement. Institutional investments managed to cross the $5 billion mark in 2020 due to large portfolio deals worth $3.2 billion during the last quarter of the year.
This came amid the buzz of an imminent reshuffle in the Union Cabinet.
Since NPS is used for a long-term goal like retirement, allowing younger investors to have higher exposure to equities will give them a chance to earn higher returns.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Investors should plan and make investments strictly on the basis of their risk profile.' 'They should not bite more than they can chew.'
Mehek Prabhu, a woman from Mumbai, displayed a ' Free Kashmir' placard at Gateway of India during protests against JNU attacks, after which the BJP cirtiicsed the Shiv Sena-led govt for 'tolerating anti-national activities'.
According to sources in the Congress, eight legislators are likely to be sworn in as ministers along with them.
He also asserted that within 24 hours of taking oath, he would prove the majority on the floor of the House.
Foreign portfolio investor (FPI) flows into India may remain tepid in 2022, said a recent note by Goldman Sachs, who now peg the foreign portfolio investment into India at $5 billion in 2022, down from their earlier forecast of $30 billion with risks skewed to the downside. "There has been $15 billion of equity outflows YTD in India already, and the IPO of the largest insurance company has been pushed out. "Additionally, with no mention of India's inclusion in global bond indices in the Union Budget, there are risks to our already conservative base case assumption of an announcement of India's likely inclusion into the GBI-EM Global Diversified Bond Index in Q4-2022," wrote Andrew Tilton, Goldman Sachs' chief Asia-Pacific economist in a co-authored report with Santanu Sengupta and Suraj Kumar.
Is Governor Ravi acting without informing/consulting the Centre, or is the BJP leadership unsure of what to do with the DMK in Tamil Nadu? asks N Sathiya Moorthy.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
P-notes are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. According to Securities and Exchange Board of India (Sebi) data, the value of P-note investments in Indian markets -- equity, debt, and hybrid securities -- stood at Rs 90,580 crore at April-end, compared to Rs 87,979 crore in March.
A 14-member council of ministers was sworn in Patna by Governor Phagu Chauhan on Monday and the BJP bagged seven berths.
The Sharad Pawar and Ajit Pawar factions of the NCP will hold their meetings in Yashwantrao Chavan Centre in south Mumbai and Bhujbal Knowledge City in suburban Bandra, respectively.
Here's why ULIPs have become an attractive long-term investment option
The letter to Sonia Gandhi reminded her of the party's 18-point agenda "given to the last chief minister" of Punjab and said that those were "equally relevant today".
Reminiscent of the past two years, the market has made positive strides ahead of the Union Budget 2023-24 (FY24). The benchmark National Stock Exchange Nifty has gained 1.8 per cent in the last month. Typically, markets tend to gain ahead of the Budget as investors build in optimism.
The category average return of mid-and-small-cap funds is 95 per cent.
