Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
'Invest a part of your portfolio in a global currency that can't be printed, or meddled with -- gold,' suggests Chirag Mehta.
'A soft landing of the Indian economy would be a long-term positive for the equity markets.'
Managing wealth is primarily about asset allocation. The basis for choice of assets and the proportion that should be held in each investor's portfolio depends on his/her objectives and constraints. It is the core proposition of financial planning.
The country's foreign exchange reserves surged by $58.38 billion in April-September 2021 to $635.36 billion, says an RBI report released on Wednesday. The forex reserves were at $576.98 billion at end-March 2021. The Reserve Bank of India (RBI) publishes half-yearly reports on management of foreign exchange reserves.
An analysis of how DSP BlackRock Micro Cap fund has performed in the last five years
Investing in equity markets to earn a good return over long term is not a cakewalk. One has to understanding her/his risk profile and importance of asset allocation to achieve financial aims
Move 10 per cent of your portfolio to the yellow metal.
In the midst of the stand-off between the Congress and its ally Nationalist Congtress Party at the Centre, the urban development department headed by Maharashtra Chief Minister Prithviraj Chavan on Friday came in for criticism by his Deputy Ajit Pawar over its alleged failure to spend funds allocated to it.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
There seems to be no end to re-allocation of portfolios even after Sunday's major Cabinet reshuffle with S Jagathrakshakan of Dravida Munnetra Kazhagam on Friday being given the portfolio of minister of state for commerce and industry.
Investors with shorter horizon of three-five years can also look at balanced funds and also those looking to invest lump sum money.
The prime minister, who is under attack over the allocation during 2005-2009 when he held the coal portfolio, has been waiting to make a statement since last week but could not do so because of disruption caused by Opposition, mainly BJP.
Investors need to get the timing of entry and exit right to make money in thematic and sector funds, suggests Sarbajeet K Sen.
Invest in liquid funds if you have a horizon of three months, ultra-short-term for six months, and low-duration funds for one year.
The Communist Party of Indi today demanded that Prime Minister Manmohan Singh reply to charges of irregularities in allocation of coal blocks instead of evading an answer over the issue.
'We would advise investors to hold on to multi-cap funds and not invest further until further clarity emerges.'
The one-year returns for equity-oriented mutual fund (MFs) schemes have largely mirrored the gains made in the secondary market. However, schemes that invest in infrastructure (infra), small-cap, and public sector undertaking (PSU) banks have emerged standout performers, with gains in excess of 100 per cent in some cases. Of the total 484 equity schemes, 353 have managed to beat the Sensex, reveals the data provided by Value Research. Around 20 have delivered returns in excess of 90 per cent and six schemes have given returns of over 100 per cent in the past one year. The S&P BSE Sensex Total Return Index (TRI) has given returns of 51 per cent in the last one year, ended October 29.
Rupani announced in Gandhinagar that the finance portfolio had been given to Patel and that the issue was over now.
The whole idea is to have a balance between long-term and short-term goals.
19% of 320 institutional investors managing $1.3 trillion prefer India as investment destination in 2017
Of the 59 IPOs for which the data is available, 36 IPOs received mega responses of more than 10x (of which, six IPOs more than 100x), while eight IPOs were oversubscribed more than 3x.
Buying stocks during bad times can lead to good returns.
The primary issue market has hit an all-time high with 63 corporates raising Rs 1,18,704 crore through main-board initial public offerings (IPOs) so far in 2021, which is nearly 4.5 times more than the Rs 26,613 crore raised through 15 issues in 2020 and almost double of the previous best of Rs 68,827 crore in 2017, according to a report. Pranav Haldea, managing director of Prime Database Group, said the IPO frenzy was driven by new-age loss-making technology start-ups along with strong retail participation, and the resultant massive listing gains were the key highlights of the year. Another highlight was only 51 per cent or Rs 103,621 crore of the total Rs 202,009 crore was fresh capital raising and the remaining Rs 98,388 crore were offers for sale.
The broader NSE Nifty also settled lower by 23.10 points, or 0.19 per cent, at 11,922.80.
'It could tempt investors to pick stocks that are not fundamentally sound.'
The fundamental debate remains where you stand on the long-term growth question. That is what every investor must monitor and come to their own conclusions, suggests Akash Prakash.
'Could robots vote for effective political leadership?' 'Arguably they could do this better than humans.' 'They are far better at fact-checking for obvious lies, and far better at gauging the sincerity of statements by analysing body language, facial movements and vocal tonality of speakers,' says Devangshu Datta.
'If an investor wants to clone an ace investor's portfolio, s/he will be better off cloning the entire portfolio rather than cherry picking stocks selectively.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
It's time to book a little profit and realign your portfolio according to your preferred debt-to-equity ratio.
Balanced funds are generally equity-oriented with at least 65 per cent exposure to equities and the rest of the corpus invested in fixed income securities
Fund managers may end up losing out on crucial information during market hours, leading to information asymmetry vis-a-vis other institutional investors such as alternative investment funds, insurance players, or foreign portfolio investors.
Taking credit risks in shorter-tenure funds can help jack up returns considerably, boosting sales.
This is the first "Green budget" of the government for effective containment of pollution in the city, the deputy chief minister said in the budget session of the assembly in the presence of Chief Minister Arvind Kejriwal.
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
'My fight is issue-based and I have stood by it for a long time. There can't be any compromise on a pro-Punjab agenda'
Postpone the purchase of big-ticket consumer durable items, recreational spending on holidays, and other such expenses unless your financial position is very secure, advises Sarbajeet K Sen.
