Last year, the news of Franklin Templeton MF abruptly shutting down six of its debt scheme shocked the mutual fund industry and its investors. This never-seen-before event shook the confidence that investors had in the mutual fund industry. Since then market regulator, SEBI had announced a slew of measures to improve transparency in the way mutual funds…
The trend of domestic mutual funds investing in global securities gained popularity in the year 2020. Many newly launched funds during the year in various themes and categories such as Fund of Fund, ESG, Special Situations, Value, Multicap, and Largecap had a mandate to invest a portion of their assets in international equities. Some existing…
The year 2020 turned out to be a great year for the equity market despite witnessing one of the worst sell-off phases in recent times. Tracking the smart recovery of the market from the COVID-induced crash, shares of companies that debuted on exchanges this year benefitted immensely. SBI Cards and Payment Services was the first Initial…
The deadline for investing in tax-saving instruments for FY 2020-21 is fast approaching. If you have not yet started tax planning, it is time to seriously consider investing in worthy tax-saving instrument soon to avoid the last minute rush. If tax planning is viewed as part of your financial plan at the start of a…
Franklin Templeton Mutual Fund’s e-voting process to decide on the winding up of six of its debt schemes commenced on December 26. The voting process will be held from 9 am on December 26 till 6 pm on December 28 where investors can decide whether they consent to wind up of these schemes. Investors (limited number of…
The equity market has not witnessed a year as dramatic as 2020. During the year the market crashed to a multi-year low due to the uncertainty, a consequence of the pandemic, but it quickly soared to reach all time highs. This was something no expert had anticipated. The bellwether Nifty 50 index has gained 75% from its March…
In March this year — just before the outbreak of the Coronavirus or COVID-19 pandemic hit India in a big way – I wrote about how investors would benefit by investing in gold. And since then, the precious yellow metal has clocked nearly +18% absolute returns. Gold has outperformed even equities on Year-to-Date (YTD) basis as…
When it comes to performance across market caps, we see that it differs significantly over a period. Small and mid cap stocks underperformed the large cap stocks in the past two calendar years, but turned out to be outperformers in the current year. Investors following a multicap strategy benefit from the stability of the large…
Market regulator SEBI announced certain amendments to mutual funds regulations during its Board meeting held recently. SEBI undertook a detailed exercise on review of mutual fund regulations in consultation with various stakeholders to examine certain policy proposals, remove redundant provisions, to align with the existing applicable Acts and other SEBI Regulations, and to address certain…
The mid cap index has recovered significantly from the lows of March and it has even outperformed the large cap index during this period. Notably, mid cap stocks underperformed the large cap peers in the last three years amid the weak macro-economic conditions, SEBI’s norms on the reclassification of mutual fund classification, and COVID-19 pandemic.…
