India’s leading Fintech company, Paytm (a subsidiary of One97 Communications Ltd.), that offers digital payments and financial solutions to consumers, has been embroiled in a regulatory hurdle. Consequently, its stock price has crashed more than 40% in the last couple of days, and has hit a lower circuit. The stock has plummeted around 75% from its…
Diversification, as you may know, is the cornerstone of successful investing. A well-diversified portfolio of mutual funds allows investors to minimise the risk to their portfolio and earn optimal risk-adjusted returns. But what exactly is meant by a well-diversified portfolio? Many investors often question whether they are holding the right number of mutual funds in their portfolio…
Finance Minister, Ms Nirmala Sitharaman presented the Interim Budget for 2024 today, on February 01, 2024. This was a vote on account ahead of the Lok Sabha elections to be held possibly in April and May 2024. So, effectively it’s temporary, and the full-fledged budget will be presented only in July 2024, by the government…
The Interim Budget 2024 is a much-awaited event. Although a temporary budget — technically, a vote of account before the polls — most industries and individuals have high expectations. After all, it is Modi 2.0’s last budget before the upcoming Lok Sabha elections (to be held mostly in April and May 2024). Usually, on the…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed SBI Magnum Midcap Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. SBI Magnum Midcap Fund is one of the popular schemes in the Mid Cap Mutual Fund category that has made a significant recovery over the last couple…
Infrastructure is a term that refers to the common physical systems of a country, business, or region. For example, communication networks, transportation systems, and utilities like gas, electricity, water, etc. come under Infrastructure. Note that these systems are crucial for a country’s growth, development, and prosperity. Another thing about these systems is that they tend…
Welcome to PersonalFN’s weekly analysis on diversified equity mutual funds! In this issue, we have analysed Parag Parikh Tax Saver Fund, highlighting its performance, peer comparison, investment strategy, fundamentals, portfolio, and suitability. Parag Parikh Tax Saver Fund is a value-centric ELSS (Tax Saving Mutual Fund) that focuses on high-conviction quality stocks. The fund has swiftly garnered a commendable track…
The dynamic Indian equity market, a vibrant tapestry woven with diverse sectors and driven by a vibrant economy, is constantly humming with the tunes of various economic factors. Understanding these melodies is crucial for effectively navigating the ever-changing landscape of Indian stocks. Against the backdrop of geopolitical tensions and subdued global economic growth, the Indian…
Continuing the euphoric trend from the previous year, the Indian equity market has once again scaled fresh highs in January 2024. The S&P BSE Sensex climbed atop mount 70K and peaked at 73,328 on January 15, 2024; it is currently trading near the 71,000 mark. Meanwhile, the Midcap and Smallcap index too continued to soar…
India, a land of vibrant colours and burgeoning potential, is witnessing a new wave of consciousness. With the spotlight on climate change and governance growing brighter, the ESG (Environment, Social and Governance) theme has gained investor traction. ESG investing offers a powerful tool to address the environmental challenges due to the vast population and rapid economic…
