The Department of Posts under the Ministry of Communications & IT issued revisions in the rule for PPF, SCSS, and PO Savings Scheme. These amendments pertain mainly to the power of the sanctioning authority in the case of claims made on the demise of the first account holder where there is no nomination or legal…
Passively managed funds are in the news again. As per latest media reports, assets in passively managed funds in the US surpassed those in the actively managed funds in the month of August 2019. In India, assets under passively managed funds (index funds and ETFs) are rising steadily as well. Though actively managed funds continue…
IFAs will agree that investors are the backbone of their business that is built on a solid foundation of “trust“. It is the most crucial aspect for strong adviser-client relationship development, as when a client trusts the adviser, the IFA’s business grows through recommendations. [Read: Earning Trust – The Only Thing That Can Get IFAs Going…
Toxic debt papers have impacted the financial wellbeing of debt mutual fund investors. After the IL&FS default episode, many others such as DHFL, Reliance Media Works, Reliance Infrastructure, Essel Group, Amtek Auto and Jindal Steel & Power Ltd (JSPL) were in news for financial distress and/or poor governance. The credit risk hasn’t reduced; in fact, now…
Midcap and small caps have been the prime victims of the on-going turmoil in the Indian equity markets. Many midcap stocks witnessed sharp correction in their values in the last one and a half year. However, underperformance in the short-term is one of the key traits of midcaps and if chosen carefully, they can potentially…
September is here to remind us that we have completed 8-months of the calendar year 2019 and reflect to review the past performance. It’s time to take a closer look at past month’s AMFI data which was shared recently to understand the Mutual fund industry’s progress so far. As per the data released, there has…
The Indian Rupee has been depreciating over the past few weeks and settled to its lowest this year on September 03, 2019 as it crossed the 72 per US Dollar mark. The decline was in tandem with other emerging economies as trade tensions between the US and China escalated and triggered weakening of Chinese Yuan.…
The Indian economy is showing clear signs of a slowdown. This has in turn impacted the returns on equity investments, especially in the mid and small cap category. Large caps are better placed to handle economic shocks as these companies have strong business models and sustainable competitive advantage. These companies have the potential to grow…
Market regulator SEBI has agreed to AMFI’s recommendation to allow asset management companies (AMCs) to join inter-creditor agreement (ICA). Mutual funds have had exposures to stressed assets of companies like DHFL and IL&FS. Since mutual funds are not in the business of lending, they didn’t have a proper framework to recover their dues. This has been…
In the stock market or equity investing, it is very common for investors to look at the ‘price’ instead of the ‘value’ the stock commands. The fact is, it’s important to pay the right price for the right stocks. This is precisely what the famous quote: “Price Is What You Pay, Value Is What You…
