India’s leading Fintech company, Paytm (a subsidiary of One97 Communications Ltd.), that offers digital payments and financial solutions to consumers, has been embroiled in a regulatory hurdle. Consequently, its stock price has crashed more than 40% in the last couple of days, and has hit a lower circuit. The stock has plummeted around 75% from its…
Diversification, as you may know, is the cornerstone of successful investing. A well-diversified portfolio of mutual funds allows investors to minimise the risk to their portfolio and earn optimal risk-adjusted returns. But what exactly is meant by a well-diversified portfolio? Many investors often question whether they are holding the right number of mutual funds in their portfolio…
Finance Minister, Ms Nirmala Sitharaman presented the Interim Budget for 2024 today, on February 01, 2024. This was a vote on account ahead of the Lok Sabha elections to be held possibly in April and May 2024. So, effectively it’s temporary, and the full-fledged budget will be presented only in July 2024, by the government…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed SBI Magnum Midcap Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. SBI Magnum Midcap Fund is one of the popular schemes in the Mid Cap Mutual Fund category that has made a significant recovery over the last couple…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed Parag Parikh Tax Saver Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. Parag Parikh Tax Saver Fund is a value-centric ELSS (Tax Saving Mutual Fund) that focuses on high-conviction quality stocks. The fund has swiftly garnered a commendable track…
Continuing the euphoric trend from the previous year, the Indian equity market has once again scaled fresh highs in January 2024. The S&P BSE Sensex climbed atop mount 70K and peaked at 73,328 on January 15, 2024; it is currently trading near the 71,000 mark. Meanwhile, the Midcap and Smallcap index too continued to soar…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed ICICI Pru Value Discovery Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. ICICI Pru Value Discovery Fund is a conviction-driven Value-style mutual fund that strictly adheres to its investment mandate of value investing. The fund seeks opportunities in undervalued stocks that are…
Multi Asset Allocation Funds offer investors an opportunity to get tactical asset allocation across multiple asset classes and thereby benefit from diversification. Allocation of assets across classes such as equity, debt, gold, and even holding optimal cash is an important strategy that helps investors balance risk-reward by adjusting the proportion of each asset in the investment…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed SBI Bluechip Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. SBI Bluechip Fund is a popular Large Cap Mutual Fund known for its multi-bagger bets. It saw a prolonged underperformance and was found struggling but has now bounced back and found a…
Large & Mid Cap Mutual Funds offer investors an opportunity to create wealth by investing in an optimum mix of large-cap and mid-cap stocks, i.e., the leaders of today as well as the future leaders. Thus, investors benefit from the stability of large caps and the high growth potential of mid caps through a single fund.…
