Ujjivan Small Finance Bank's initial public offering attracted heavy investor demand on the final day of bidding on Wednesday as the issue was subscribed a whopping 126.36 times.
Close-ended equity funds, launched with fanfare three years ago, have disappointed investors with their dull returns. The data from Value Research shows 10 out of 17 close-ended schemes maturing before July have seen one-year returns between 34 and 40 per cent. In comparison, the Sensex Total Return Index (TRI) has rallied 46 per cent over the past one year.
Despite the Sensex's 74 per cent run-up over the past year, the Indian equity market could still reward investors if the expected revival in earnings materialises, according to market experts. Returns during the coming year are more likely to be in line with longer-term trends (the Sensex's five-year return is around 14 per cent). Several factors are expected to aid the market's performance this year.
The BSE SmallCap index gained 106 per cent in the one year ended May 12, 2021.
Effective from 12 June in Select Focus, Growth and Midcap Select Fund Sundaram Mutual, a trusted name in the mutual fund industry, has removed the entry load for investments above Rs. 25,000.
In 2021, there is the risk of interest rates spiking. Investors should tackle duration risk with a longer investment horizon, suggests Sanjay Kumar Singh.
Fundraising via equity NFOs highest since 2008; Over Rs 11K cr collected in first eight months of 2017, says Chandan Kishore Kant
InterGlobe Aviation has already raised Rs 832 crore from anchor investors.
If you are in credit opportunity funds, income funds or dynamic bond funds for a long-term goal, stay put.
One fear among regulators is that allowing side pocketing could lead to fund managers taking higher risks. Even in the US, side pocketing is not allowed in mutual funds, only in hedge funds
Importantly, is there hope going forward?
RBI's liquidity tightening stance had stumped the Street as a result of which bond yields had risen.
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.
Dollar flows in domestic markets are expected to continue but state-run banks are seen mopping the flows to boost RBI's foreign exchange kitty.
Demonetisation could see anywhere between Rs 8 and 12 lakh crore coming into the banking system in the next few weeks.
While debt funds have emerged as the flavour of the season, not all investors understand debt funds. So the best they can do is put trust in the fund manager and the fund house.
Experts say a turnaround may happen after the general elections.
'They should decide their allocation based on their risk appetite and age, and not valuations.'
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Amid improving fundamentals, the bank is keen to double the corpus over the next year and a half, said a senior official.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Analysts expect RBI to restore 100-bp corridor in Tuesday's policy review.