After the stress test diktat for small cap funds and mid cap mutual funds, the capital market regulators, SEBI has its eyes on mis-selling in mutual funds. This is because in an industry that is in the race to garner AUM (through distribution and sales channels) — so that a hefty fund management fee is earned — often the…
Aggressive Hybrid Funds are hybrid mutual funds that invest predominantly in equities along with meaningful exposure to debt securities to reduce volatility. This approach offers investors the benefit of the upside potential of equity investment at a lower risk as compared to pure equity funds. In this article, we bring you the 3 Best Aggressive Hybrid Funds…
The mid-cap segment in 2024 presents a compelling opportunity for investors seeking long-term capital appreciation. The anticipated resurgence of the Indian economy bodes well for mid-cap companies, many of which are frontrunners in their specific sectors. This could translate to robust earnings growth and subsequent stock price appreciation. However, navigating this space requires a cautious…
The interest rates in the Indian economy, as you may know, are near the peak. In FY24 the RBI, so far, has maintained a status quo on the repo policy rate (at 6.50%) as CPI inflation — barring the spike in July and August 2023 — broadly remained within the comfort range. Graph 1: CPI inflation…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed ICICI Pru Equity & Debt Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. ICICI Pru Equity & Debt Fund is a highly favoured Aggressive Hybrid Fund with a strong history of outperforming in different market conditions. By emphasising long-term strategies,…
General elections are a pivotal moment for any nation, shaping its economic course for years to come. The Indian General Elections of 2024 are on the horizon, and with them comes a period of heightened economic activity and policy focus. Political parties unveil their manifestos outlining their vision for the nation’s future, often prioritising specific…
The record-breaking rally in small-cap segment over the last one year has prompted market regulator SEBI to stock of the situation. According to SEBI Chief Madhabi Puri Buch’s assessment, there is a froth in small and mid-cap stocks owing to ‘off the charts’ valuation in these market segments that are not supported by fundamentals. She added that the irrational…
The Indian mid cap space offers a compelling proposition for investors seeking high growth potential. These companies, nestled between established large-caps and upcoming small-caps, hold the promise of significant expansion. As per the SEBI definition, Mid Cap Mutual Funds are open-ended equity-oriented mutual fund schemes that invest a minimum of 65% of their total assets…
After the capital market regulator’s diktat on a stress test for small cap and midcap mutual funds issued earlier in March, the S&P BSE Small Cap Index particularly has corrected by -4.8% so far on a year-to-date basis (as of March 13, 2024). The S&P BSE Mid Cap Index and the bellwether index, i.e. the S&P BSE…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed Kotak India EQ Contra Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. Kotak India EQ Contra Fund is a prudently managed Contra-style fund that has performed well across market phases compared to the benchmark and has rewarded its…
