In the last 6 months, the equity markets witnessed a trend reversal of sort. Mid cap stocks which were facing severe pressure over the past two years have not only managed to catch up with the large caps but have also outpaced them. The trend could continue moving ahead as the economy recovers and corporate…

Edelweiss Mutual Fund has come up with an open-ended fund of fund scheme investing primarily in JPMorgan Funds – US Technology Fund, an equity fund which invests primarily in US technology companies with strong fundamentals. A fund of fund (FoF)scheme is a passively managed scheme that mirrors the feeder fund. As per regulations, Fund of fund…

The rebound in PMI index for manufacturing and services in the month of January came as pleasant news when there was an eager wait for green shoots of economic recovery amid the on-going slowdown. In addition, RBI mentioned that some high-frequency indicators have turned around and pointed to a lift in the momentum of economic…

Tata Mutual Fund has launched an open-ended hybrid fund named Tata Multi Asset Opportunities Fund. It will invest predominantly in equity, debt, and exchange-traded commodity derivatives. What is a Multi Asset Fund? As per SEBI classification, a Multi Asset Fund invests in at least three asset classes with a minimum allocation of at least 10% each…

Just when investors heaved a sigh of relief from easing of trade war between US and China, outbreak of the deadly coronavirus has spooked investors yet again. The virus which originated in the city of Wuhan in China has till now infected over 40,000 people and killed more than 900 people. China, the world’s second…

Sundaram Mutual Fund has launched an open-ended hybrid scheme, Sundaram Balanced Advantage Fund. For the investment climate of both the prime asset classes have become uncertain and have gone through extreme turbulence. Plus the sluggish economic growth continues and rising inflation has been worrisome for quiet sometime now. Hence in order to make the most of…

There are various green shoots visible that point to gradual economic recovery. Additionally, the Union Budget 2020 made way for economic growth by proposing various measures and incentives to boost growth of small and medium enterprises as they are vital to keep the wheels of the economy moving. Small cap stocks tend to perform well…

ICICI Prudential Mutual Fund has launched another passively managed fund in the form of Fund of Funds. ICICI Prudential India Equity Fund of Fund (IPIEFOF) is the latest offering from the fund house, where the scheme will invest in units of other equity schemes from ICICI Prudential Mutual Fund and other fund houses. What is a Fund of…

A mutual fund following a multicap approach can prove to be a worthy long term bet as investors can benefit from the stability of large caps as well as high growth potential of mid caps and small caps. But the presence of mid and small cap stocks in the portfolio heightens the risk making it…

Dividend distribution tax (DDT) has finally been abolished, providing major relief to India Inc. As per the announcement made in the Union Budget for FY 2020-21, DDT that was levied on dividends issued by companies will now be taxable only in the hands of the investor. This will lead to estimated revenue foregone for the…