The Securities and Exchange Board of India (SEBI), the primary regulator of the Indian equity market, has signalled a potential review of its existing rule for small-cap and mid-cap focused mutual funds, norms that mandate small and mid cap funds to invest at least 65% of their assets in equities. The action is being taken,…
The Indian mutual fund industry is witnessing a phenomenal surge in Systematic Investment Plans (SIPs). These disciplined investment plans, where investors contribute a fixed amount at regular intervals, have become the preferred choice for wealth creation. SIPs offer a disciplined and convenient approach to investing. Regular, automated contributions inculcate financial discipline and help investors benefit…
In 2023, amid weak global macros, rising interest rates, and geopolitical uncertainties, the Indian stock market remained resilient. Small cap mutual fund schemes are in focus these days since they have outperformed and exceeded all expectations; indices like the S&P BSE Smallcap 250 index outperformed the benchmark Nifty 50 by a significant margin. The previous…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed Kotak Emerging Equity Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. Kotak Emerging Equity Fund is a well-managed scheme in the Mid Cap Mutual Fund segment that has performed consistently well across market phases in the past. Focusing on high-conviction…
As many individuals invest in mutual funds (MFs) for their long-term financial goals. But have you ever checked who else might be associated with your MF holding, especially if it’s a joint account? Recently, mutual funds have been reaching out to investors like you to verify if their financial advisors (Mutual Fund Distributors) are listed as the…
In a positive development, the market regulator SEBI has taken steps to enhance transparency and safeguard investors in small and mid-cap funds. It has directed the Association of Mutual Funds in India (AMFI) to instruct mutual funds to take steps like moderating inflows, rationalising portfolios to safeguard investor interests, and protecting investors from the advantage…
India’s burgeoning economy presents a wealth of investment opportunities, and small-cap mutual funds occupy a particularly intriguing niche. With the potential for rapid growth, these funds target companies possessing smaller market capitalisations but promising upside potential. These companies typically reside outside the top 250 listed stocks in India. Before we dive into specifics, let’s understand…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed ICICI Pru Focused Equity Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. ICICI Pru Focused Equity Fund is a relatively small-sized Focused Fund that has demonstrated an impressive improvement in performance in recent years without exposing the portfolio to high…
When you invest in mutual funds, you have the option to choose between Direct plan or Regular plan. Regular and Direct plans of mutual funds are similar in every aspect, such as investment strategy, objective, portfolio, and fund manager. The only differentiating factor is the expense ratio. To run a mutual fund house and schemes,…
In a world grappling with slowing economic growth, rising inflation, and geopolitical tensions, India stands out as a beacon of hope, attracting the attention of existing and new investors worldwide. With a large and growing market, a youthful workforce, and a steadfast policy emphasis on education reforms, upskilling, manufacturing, tech-enabled governance, infrastructure development, and enhanced…
