In a regulatory filing HDFC AMC on Friday, July 22, 2022 announced that Chief Investment Officer and star fund manager, Mr Prashant Jain, has tendered his resignation. The reason for his exit is not known. Mr Jain has collective work experience of around 28 years of which 19 are with HDFC AMC. Before this, he…
Large & Midcap Funds offer you the opportunity to create wealth by diversifying your portfolio across large-cap and mid-cap stocks i.e. the leaders of today as well as the future leaders. Thus, you benefit from the stability of large-caps and high growth potential of mid-caps through a single fund. During highly volatile market conditions Large…
Focused Funds endeavour to identify high conviction bets in select stocks/sectors that are expected to do well in the medium to long term and take concentrated exposure in such stocks/sectors. These funds are mandated to limit the number of stocks in their portfolio to 30. Focused Funds have the flexibility to choose high potential stocks…
The Indian equity markets have been reeling under pressure and witnessing high volatility amid global uncertainties. While the equity market will continue to face high volatility in the near future, the recent sharp corrections may be considered as a buying opportunity for long-term investors. However, one should focus on diversification to benefit from opportunities across…
A mutual fund portfolio consists of various stocks, bonds, and other asset classes. SEBI has clearly defined the types of assets/sub-assets each category and sub-category of a mutual fund can invest in. For instance, Large-cap Funds are mandated to invest at least 80% of their assets in equities of large-sized companies, i.e., top 100 stocks…
Midcap companies have the potential to become the large-caps of tomorrow, which gives Mid-cap Funds a higher upside potential and the ability to create significant wealth for the investors. These funds tend to outperform Large-cap Funds over the long run. However, remember that Mid-cap Funds can plunge lower than Large-cap Funds during bearish market phases. Therefore, when…
Debt mutual funds are schemes that predominantly invest in fixed-income generating instruments such as corporate bonds, government bonds, certificates of deposits, treasury bills, etc. These funds aim to provide diversification and stable returns as they are less volatile compared to equity mutual funds. The prevailing interest rate environment is one of the most crucial factors…
Mid-cap stocks remained under pressure in recent months, which led to erosion in the values of Mid-cap mutual fund schemes. Some experts are of the opinion that another 10-15% fall in mid-cap indices cannot be ruled out in the near term. Given the current circumstances, it is vital to adopt a cautious approach while making fresh investments…
In a letter to the Association of Mutual Funds in India (AMFI), SEBI has asked mutual funds to stop offering mutual fund schemes with bundled products such as insurance. This means that mutual funds will no longer be able to offer additional benefits in their existing or new schemes. Notably, some mutual fund houses have…
SEBI has come out with a circular to bring uniformity of practices in case of nomination in mutual funds. From August 01, 2022, new investors in mutual funds will have the choice of either providing nomination or opting out of the nomination by signing a declaration form. For existing investors (holding units solely or jointly), SEBI has…
