This year, while the epidemic wildfire continues to claim lives, we’ve witnessed the debt debacle and equity volatility combined with the global economic growth crisis and trade wars; a Pandora’s Box. In the recent AMFI data released, the Average Asset Under Management for the monthly shows a slight uptick, but on a quarterly basis it…
Aggressive hybrid funds offer the benefit of diversification across equity and debt. With predominant allocation to equities, these funds can push up your overall returns during euphoric market phases. On the other hand, significant allocation to debt can, to an extent, protect you from the extreme adversities of the equity markets. Thus aggressive hybrid funds…
Gold is making a solid comeback, proving it’s still the most important asset to own in the portfolio. The price of gold reached an all-time high, despite the slump in physical gold demand due to the COVID-19 pandemic. Gold indices have crossed Rs 48,000 per 10 gm to inch up towards Rs 50,000 because it’s an…
After more than two years of this corrective phase, the broader market seems to be on the cusp of a bull phase. Over the last three months, the mid-cap and small-cap indices have outperformed their large cap peer. From a risk-return point of view, midcaps appear better placed compared to small caps. Though the outlook…
HSBC Mutual Fund launches HSBC Focused Equity Fund (HFEF) an open-ended equity scheme that will invest in only 30 stocks across market cap. As per SEBI regulations, a focused fund is not allowed to hold more than 30 stocks and invest a minimum of 65% of its assets in equity and equity-related instruments, which exactly what…
Banking sector funds are a type of sectoral mutual fund that invests primarily in banking and financial service companies. Being a sectoral fund, it will invest 80% of its total assets in equity & equity related instruments of banks and financial instruments. The Indian banking system consists of 27 public sector banks, 26 private sector…
Market ups and downs are an integral part of equity investment. Some funds, however, efficiently manage their portfolio regardless of market movement to reward their investors with superior risk-adjusted returns. Such funds have the potential to benefit from market rallies and limit the downside during market downturns, thus helping to create long-term wealth. Investing in…
Franklin Templeton Mutual Fund (FTMF) received interest payment from Vodafone-Idea bonds on June 12, 2020, held in the segregated portfolio of its debt schemes. The amount received was for 8.25% Vodafone Idea Ltd bond which matures on July 10, 2020. The six schemes of FT that were wound-up had exposure to the said paper of…
Debt funds predominantly invest in fixed income securities such as bonds, corporate debentures, Government securities, and money market instruments with the objective to provide steady and regular income. Debt mutual funds are less riskier funds than equity funds. Note that, less risk is not the same as “risk-free/safe…” Unfortunately, debt mutual funds were presumed to…
The last day for investing in tax-saving instruments to be eligible for deductions under Section 80C of the income tax in a financial year is March 31. This year due to the disruptions caused by the pandemic-induced lockdown and as many taxpayers were facing cash flow related issues, the deadline has been extended to June…
