Just months after crossing the 50,000 mark, the S&P BSE Sensex is targeting its next milestone of 60,000 index level. Amid the sharp rally in the equity market, the valuations have turned expensive and the margin of safety has narrowed. Consequently, investors have become wary and are shifting their focus to safer avenues. According to AMFI data,…
The momentum in the Indian equity market is still intact as the S&P BSE Sensex has breached the 59,000 mark, scaling fresh life time high. High liquidity in the market, strong corporate earnings, growth measures from the government, hopes of economic recovery are among the factors fuelling the market rally. Even though there are concerns about…
A mutual fund house and its fund management team perform the important task of deciding where and how to invest the money pooled from investors. The investment decisions that they take have a significant impact on the performance of a scheme. Fund management involves a lot of research and analysis to make the scheme successful.…
The Rs 36.1 trillion Indian mutual fund industry seems all set to expand further with the entry of new players. India’s largest mutual fund distributor NJ India Invest and Stock broking firm Samco Securities have received SEBI’s approval to launch mutual fund business in India. Meanwhile, Zerodha, India’s largest stock broking firm, and Bajaj Finserv, one of…
The S&P BSE Midcap index scaled fresh peak of 24,705 today (September 09, 2021). In fact, mid-cap mutual funds have generated stellar returns amid the sharp rally in the last one and a half years. Notably, mid-cap funds have a high long term growth potential even though they can be highly volatile in the short run. Mid-cap…
In its August Monetary Policy Committee Meeting, the RBI maintained status quo and left the policy repo rate and reverse repo rate unchanged at 4% and 3.35%, respectively. It has retained the accommodative stance to support economic growth. Meanwhile, the RBI has maintained 9.5% as the projection for real GDP growth in FY 2021-22. However, it raised…
The equity markets are currently at all-time high. Since aggressive hybrid mutual funds invest 65%-80% of its assets in equities, they have benefitted immensely; except that, pure equity funds have relatively higher gains. However, if the market conditions turn volatile in the foreseeable future, aggressive hybrid mutual funds can offer better downside protection compared to pure…
The past few years have been full of technological advancement in almost every field. The mutual fund industry is among those that have quickly adapted to meet the demands of the new world. Mutual fund houses use technology in its various processes such as execution of transaction, servicing customer requests, etc. The crucial task of…
Market regulator SEBI has taken action against Kotak Mahindra Asset Management Company (Kotak AMC) for delay in payment of maturity proceeds to unitholders in six of its Fixed Maturity Plans (FMPs). SEBI in its order stated that Kotak AMC did not pay investors full proceeds based on the declared Net Asset Value (NAV) of the…
Existing investors in equity mutual funds have a reason to rejoice with the equity market scaling new highs. On the contrary, if you are a new investor looking to start your mutual fund journey or if you want to make fresh investments towards your financial goals, then you have probably asked, ‘Is it the right time to start…
