HDFC Asset Management Company (AMC) is one of India’s largest mutual fund houses with schemes across various categories. HDFC Mutual Fund has marked its entry into the alternative asset space with the launch of its first Alternative Investment Fund (AIF) product. HDFC Select AIF FOF – I is a Category II AIF (Fund of Funds) that will…
On February 09, 2023, the Securities Exchange Board of India (SEBI) has issued a consultation paper to review the role and accountability of mutual fund trustees in order to protect the interests of unitholders. Furthermore, the regulator has made certain recommendations to enhance the accountability of the board of Asset Management Companies (AMC). The purpose of the…
The Adani Group has been making the news headlines in the last couple of weeks for all the wrong reasons. As you may know, the Adani Group is an Indian multinational corporation created in 1988 as a commodity trading enterprise by Mr Gautam Adani, including the flagship company Adani Enterprises. Gautam Adani was the fourth-richest…
Focused Funds focus on investing in a limited number of stocks (maximum 30) where the fund manager has high conviction. The fund managers of Focused Fund aim to identify stocks that have high growth potential and take concentrated exposure in them. Focused Mutual Funds aim to reduce concentration risk by diversifying the portfolio across market caps…
The government introduced the new optional tax regime in the Union Budget in FY 2020-21 to offer benefits of lower tax rates to taxpayers who do not claim much deductions or exemptions. However, taxpayers who opt for the new tax regime have to forego all deductions and exemptions. Taxpayers can only avail of deductions under…
Systematic Investment Plan (SIP) offered by mutual funds allows investors to invest a set amount in a mutual fund scheme on a regular basis, such as once per month, as opposed to lumpsum investments. SIP has been gaining popularity among Indian investors; it is thought to be the most convenient way to invest in mutual funds…
Contra Funds take a contrarian view on stocks and sectors that are temporarily going through a tough phase which impacts their performance and allows distortions in valuations. They usually aim to capitalise on these distortions and take contrarian bets to invest in sectors and stocks that are temporarily out of favour and available at a significant…
Finance Minister Nirmala Sitharaman today, February 01, 2023, presented the Union Budget 2023-24, the last full budget of the Modi 2.0 government before India sets off for the Lok Sabha election in May 2024. With national polls nearing, some market experts expected the Union Budget announcements to be populist ones aimed at converting votes. However, just like last…
The Adani Group owned by Asia’s richest man – Gautam Adani – is caught in the eye of a storm. US-based ‘Hindenburg Research’, a short-seller engaged in forensic financial research, has alleged the Adani Group companies of stock manipulation and accounting fraud. The firm has also accused Adani Group companies of improper extensive use of entities set up…
Risks are inevitably associated with investments. For example, while mutual funds provide benefits such as wealth creation and diversification to investor’s portfolio, they also carry significant risks. The wisest choice an investor can make to reduce mutual fund risks is to learn more about them and practise strategies for mitigating them. However, most investors begin investing in mutual…
