Three years after the small cap space witnessed a severe correction, small cap funds are back in the limelight. In the last one year the category has outpaced its larger sized peers by a remarkable margin. This can be attributed to various government initiatives that are expected to strengthen the growth prospects of small companies.…
In the past year, India’s equity markets have experienced extreme volatility.The year 2021 has started on a good note, giving way to some optimism about a faster economic recovery. In addition, vaccine disbursement has been made to stop the spread of COVID-19 and therefore, benchmark indices S&P BSE Sensex and Nifty 50 are scaling new…
As the adage goes,“Patience is a virtue”; after waiting months, investors in the Franklin Templeton Mutual Fund’s (FTMF) six debt schemes that were wound up last year finally have reason to be optimistic. As stipulated by the courts, FTMF recently conducted a three-day voting process between December 26 and December 29 to seek investors consent to wind up these schemes.…
The Indian equity markets have been making new highs over the last 9-10 months. Moreover, the rally has been broad-based; meaning, the large-caps, mid-caps, small-caps have all scaled upwards. The calendar year 2020 as a whole proved exceptional, especially for small-caps despite the outbreak of the COVID-19 pandemic. The S&P Small- Cap index clocked a…
The year 2021 has begun on a high note on the news of COVID-19 vaccine rollout. The event holds great importance as it is expected to bring the sagging economy back on the growth track. As a result, the equity market has soared to all-time highs. However, with looming challenges of COVID-19 and the economic…
The pandemic crisis has ignited a big shift in consumer trends as well as the way organizations work. For many of us, cloud computing, remote working, electronic payments, machine learning, over the top (OTT) streaming, among other technological trends, have become an integral part of the ‘new normal’. This shift in trend is expected to…
Equity markets across the globe are enjoying their dream run–thanks to the liquidity gush available in the global financial system. The ’emergency use’ approvals received for COVID-19 vaccine and its equitable distribution in the foreseeable future has significantly boosted investors’ confidence. Foreign Portfolio Investors (FPIs) have been pouring money into the Indian equity markets and exuding confidence…
If the equity market was rife with blockbuster initial public offerings (IPOs) in 2020, the mutual fund industry was busy rolling out new fund offers (NFOs). The industry had launched over 40 open-ended equity schemes in 2020. As you may be aware, the market witnessed a severe crash in March amid the pandemic crisis, which resulted in subdued investor…
Despite the pandemic crisis, mid cap funds have generated significant gains in 2020, with the majority of schemes outpacing the index by a significant margin. In fact, recovery in the broader market after the pandemic-induced crash helped mid cap funds improve its performance compared to previous years (2018 and 2019). We have observed a reduction…
Amidst the economic slump during the COVID-19 crisis, the equity market witnessed several sectors such as Pharma and IT outperforming in a short span of time. Now with the domestic economy showing signs of revival and expectation of further growth, depressed sectors could make a comeback and the market could soon witness new sectoral leaders.…
