The investment universe of a mutual fund scheme may comprise over 200-300 stocks. From this the fund managers usually select 50-60 stocks that become part of the final portfolio. However, focused funds have the mandate to limit their holding to not more than 30 stocks. Focused funds aim to use the fund manager’s expertise in stock picking, along with…

A healthy financial sector plays an important role in the economic growth and keeps the wheels of the economy running. The banking and financial services sector has grown at a faster pace than the GDP. After the severe impact of the second wave of COVID 19 pandemic, the economic growth is expected to bounce back…

I remember my conversation with a client Mr Venkat in September 2018. He had called me from Singapore, soon after he read about the IL&FS debt crisis. Basically, he was concerned about his investments in liquid and debt mutual funds and wanted my insights on the event that had panned out. While talking to Mr…

The interest rates have bottomed out but there is an expectation of a gradual upwards movement going ahead. The prices of debt instruments such as fixed income securities or bonds are inversely related to the interest rates. Notably, when interest rate rises, the price of bonds fall and vice versa. The debt mutual funds category…

The Fast Moving Consumer Goods (FMCG) industry is the fourth largest sector in the Indian economy. It offers domestic and personal care products to consumers based on market demand. While other industries were coping from the effects of the coronavirus pandemic, the FMCG sector was learning, innovating, and rising from the disruptions. Notably, the FMCG…

Market regulator SEBI has invited public comments/views on the proposal to introduce swing pricing for debt mutual fund schemes. The move is a part of SEBI’s measures to prevent fiascos like Franklin Templeton mutual fund. Swing pricing is an anti-dilution measure that involves adjusting a mutual fund’s net asset value (NAV) if the net inflows…

Just as we experience seasonal cycles, the economy goes through different phases as it expands and contracts, characterized by downward or upward fluctuations of the gross domestic product (GDP). Currently the Indian economy is grappling with uncertainty due to the COVID-19 pandemic. The prolonged second wave has delayed the nation’s economic recovery. However, the government’s measures…

Many of us delay our tax saving plans till the last quarter of the year. However, postponing it till the last moment is not a prudent practice. If you have not initiated your tax saving plan for the current financial year, start now, before it’s too late. Equity-linked saving schemes (ELSS) are equity-oriented mutual funds that…

In the aftermath of the Franklin Templeton mutual fund fiasco, there has been a lot of concern among the investors about the safety of their mutual fund schemes. Many feared that certain mutual fund schemes might meet the same fate as the six wound-up debt schemes of Franklin Templeton mutual fund. Amid this, a landmark verdict…

PersonalFN is privileged to bring to you Mr Vinit Sambre, Head of Equities at DSP Mutual Fund, in a conversation with Rounaq Neroy, VP and Head of Content, PersonalFN. Watch Vinit sharing his views on the novel Coronavirus pandemic, the measures he has taken in managing schemes to reduce the negative impacts of the pandemic,…