With the government planning to mop up Rs 24,000 crore (Rs 240 billion) through disinvestment this financial year, investors have once again become interested in public sector companies.
In the final part of this five part series on top 25 mutual funds analysed by Value Research we produce the last best five mutual funds that investors can put their money in for the long term.
Sundaram BNP Paribas Mutual Fund's new fund Sundaram BNP Paribas Equity Multiplier Fund is a closed ended equity scheme with a maturity of 3 years
Sundaram BNP Paribas Select Midcap Fund is one fund that, over various market cycles, stands tall over its peers in the mid cap funds segment.
Mid caps need a longer investment time frame than large caps, because of their inherent nature
Mutual funds are all set to capture the buoyancy in the energy sector. The latest to join the bandwagon is Sundaram BNP Paribas Mutual Fund, which is coming out with a three-year, closed-ended new fund offering 'The Energy Opportunities Fund'. The fund will invest in equity and equity-related instruments of companies focussed on the energy space or those directly or indirectly benefiting from it.
Conservative industry estimates place the cash component of mutual fund houses at Rs 25,000 crore (Rs 250 billion). Fund houses had up to 15 per cent in cash, as per the April 30 figures. The cash component exceeded 15 per cent in as many as 30 diversified equity growth funds.
Sundaram Select Small Cap Fund is one of the few NFOs that offer some unique features to the investors which will be beneficial to them in the long run.
Mutual fund houses are bullish on the financial sector, notwithstanding the recent beating at the stock market. Fund houses like Kotak Mahindra AMC, Sundaram BNP Paribas & LIC Mutual Fund have drawn up plans to introduce products aimed at the financial services sector. Bank stocks for long had been one of the favourite picks for many fund managers. There was a slowdown in valuations of financial sector stocks but Indian corporate entities still continue to remain attractive.
Can, and has, increased its cash levels in turbulent markets
SLF first identifies the sectors it wants to invest in and then picks up the leaders within these specific sectors
Experts say investors need not tinker with their debt portfolio as shifting won't be tax-efficient.
The first step you need to take is link your mobile number to Aadhaar.
Delayed project delivery and unrealistically high real estate prices, which developers are unwilling to lower despite piled up inventories, have adversely hit the sector.