Equity market investors have witnessed intensified volatility over the past few weeks due to factors such as the Russia-Ukraine war, surging inflation, and major central banks (including RBI) raising policy rates. The S&P BSE Sensex is down sharply from its all-time high and is currently trading at around 53,000 level. In the current market environment,…
The equity market has been witnessing high volatility over the past couple of months due to the Russia-Ukraine war and the resultant inflationary pressure. To navigate uncertain and volatile market conditions, you can consider diversifying your investments across market caps, preferably through a Flexi-cap Fund. This will help you reduce the portfolio risk, thereby maximising portfolio…
In an unscheduled but long-anticipated move, the RBI announced a hike in interest rates. On May 04, 2022, RBI’s Monetary Policy Committee (MPC) decided to raise the repo rate by 40 basis points (bps) to 4.40%, the first hike in nearly four years. Further, it has decided to increase the Cash Reserve Ratio (CRR) by 50 bps to 4.5%…
On May 06, 2022, Axis Mutual Fund announced that it has suspended two of its fund managers due to potential irregularities. Axis Mutual Fund is the seventh-largest mutual fund house in India, managing assets (AUM) of over Rs 2.5 lakh crore. The two officials that have been suspended are Viresh Joshi, Chief Trader & Fund Manager – Equity, and…
The RBI’s off-cycle move to hike interest rates came as a surprise to investors in the equity market. The S&P BSE Sensex declined by around 1,307 points in a day on May 04, 2022, as RBI raised the repo rate by 40 basis points to tame inflation. It is likely that RBI will announce further…
The primary objective of mutual fund investment is to earn returns. Returns on mutual fund are calculated by various ways such as CAGR, XIRR, absolute, etc. Compounded Annualised Growth Rate (CAGR) is the most commonly used method to calculate the growth of your investment per annum over a specified period. However, CAGR is not relevant…
The beginning of the financial year is the best time to begin your tax planning exercise. Doing so allows you to explore various tax-saving avenues and pick the most suitable one that aligns with your investment objective, risk profile, and investment horizon. Among the various avenues available for tax saving, Equity-Linked Saving Scheme (ELSS) is a worthy…
Large-cap Mutual Funds are those that invest a minimum of 80% of their assets in equity and equity-related instruments of large-cap companies. SEBI defines large-cap companies as top 100 companies in term of market capitalisation. Large-cap companies are generally well-established businesses. These companies enjoy reliable brand equity, competitive advantage, quality management, strong balance sheet, easy…
The Indian automobile industry appears set for a major transformation with a shift to electrification. Currently, the Electric Vehicle (EV) industry is at a nascent stage in India. It accounts for just 1.3% of total vehicle sales as of FY 2020-21. However, EVs are increasingly gaining acceptance. EV sales are growing rapidly, mainly in the…
Value funds staged a comeback after a deep lull between 2018 and early 2020. Many schemes in the category have clocked superior returns in the last couple of years. Value investing is all about finding the ‘hidden gems’ of the equity market. When the market realises the true potential of value stocks, their prices soar, and investors…
