Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed HDFC Multi-Asset Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. HDFC Multi-Asset Fund is a conservatively managed Multi-Asset Fund that has showed reasonable growth in the 2020 market crash as well as the current bull phase. It has rewarded investors with decent risk-adjusted…

The tax filing season is officially over, however many taxpayers are still facing delays in receiving their income tax refunds. The process of filing Income Tax Returns (ITR) may have been completed on time, but the issuance of refunds is often a separate process, dependent on various factors. These delays can stem from reasons like mismatches between…

The Indian mutual fund industry is experiencing dynamic shifts influenced by market volatility and evolving investor preferences. According to the Association of Mutual Funds in India (AMFI), the Assets Under Management (AUM) of the mutual fund industry has seen notable growth. According to AMFI data, the AUM of the Indian mutual fund industry has grown from Rs…

India’s bellwether indices, the Nifty 50 and BSE Sensex, have consistently reached new highs in recent years. This growth has been fuelled by India’s robust GDP growth aided by government policies related to infrastructure development, tax reforms, and a focus on domestic manufacturing, etc., that fostered a positive business environment. Subsequently, numerous large-cap stocks have…

In the current landscape of financial markets, 2024 has ushered in a period of notable volatility and uncertainty. Investors are grappling with fluctuating economic indicators, shifting global policies, and domestic policy changes that have introduced both opportunities and risks. This climate of unpredictability makes strategic investment choices more crucial than ever, particularly for those seeking…

Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed Quant Active Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. Quant Active Fund is a Multi Cap Fund that follows a quant-based investment strategy to identify attractive opportunities across market caps and sectors. Its agile investment approach has proven rewarding for investors in…

The Indian equity market wrapped August on a positive note, advancing for the third consecutive month. Continuing this optimistic trend, it has begun September by scaling new highs. The Sensex breached 82,500, while the Nifty 50 closed near 25,300, as of September 02, 2024. The Midcap and Smallcap indices too are trading near their all-time high levels. The recent…

In recent years, contra funds have gained significant traction among investors, driven by a combination of market dynamics, investor sentiment shifts, and the increasing appeal of alternative investment strategies. One of the primary reasons for the rising popularity of contra funds is the ongoing market volatility and uncertainty. The global economic landscape has been characterized…

Systematic Investment Plans (SIPs) in mutual funds have witnessed a remarkable surge in popularity in India over the past few years. SIP inflows have consistently breached new highs in recent years; the amount collected through SIPs touched Rs 23,332 crore in July 2024 compared to Rs 15,245 crore in July 2023, indicating strong investor confidence. The…

The Indian Information Technology (IT) sector has been one of the most remarkable success stories in India’s economic landscape. Its inception can be traced back to the early 1980s when companies like Tata Consultancy Services (TCS) and Infosys began to emerge, providing basic IT services and software development. The IT sector’s growth was driven by…