Small Cap Funds have witnessed sharp inflows from investors in recent years as the small-cap segment showed significant growth between 2020 and 2021. However, with the sharp rally seen in the stock prices of small-sized companies, valuations are no longer cheap. It is important to note that Small Cap Funds can witness large drawdowns if the…
Many investors struggle to select the right asset allocation for their portfolios. The multi-asset allocation approach helps such investors to even out the risk that comes with investing in just one asset class. Allocating the right asset allocation mix to your portfolio can assist you in gaining optimal risk-adjusted returns. The Multi-asset allocation strategy invests across various…
Edelweiss Mutual Fund has launched the fourth tranche of the BHARAT Bond Exchange-traded Fund (ETF). The latest Bharat Bond ETF is maturing in April 2033, and subscriptions in this new ETF will be allowed till December 8, 2022. Previously, the fund house had launched Bharat Bond ETFs maturing in 2023, 2025, 2030, 2031, and 2032.…
Usually, the ideal time for tax planning is at the beginning of the year; however, if you still haven’t done that, now is the time to look for suitable tax-saving options. Equity Linked Savings Scheme (ELSS) are of special significance over all other mutual fund options because of tax benefits under Section 80C of the…
Hybrid mutual funds allow you to invest across equity and debt through a single fund. Among the various types of hybrid mutual funds available for investment, Aggressive hybrid funds could prove to be a worthy long-term bet for investors looking to benefit from the high growth potential of equities as well as the stability of…
Over the years, India has emerged as a pharmacy to the world by being the largest provider of generic drugs globally and exporting pharmaceuticals to over 200 countries. Also, 70% of the World Health Organisation’s vaccines (as per the essential immunisation schedule) are sourced from India. Pharma is the 3rd largest industry worldwide in terms…
In a recent face-to-face with industry experts, Mr Vikrant Mehta, Head – Fixed Income at ITI Mutual Fund was interviewed by Vivek Chaurasia, the Head of Research at PersonalFN. Here are the excerpts of the conversation between the two. Mr. Vikrant Mehta is Head – Fixed Income at ITI Asset Management Ltd. and joined the…
Tax saving is an integral part of one’s wealth creation journey. Equity-Linked Saving Scheme (ELSS), also known as Tax Saving Mutual Fund, is one of the most worthy avenues for tax-saving. In this article we will be revealing PersonalFN’s list of 3 best ELSS (Tax Saving Mutual Funds) to invest in 2023. What is ELSS? SEBI defines…
The Indian stock market is once again scaling at an all-time high. On November 24, 2022, the S&P BSE Sensex set a new record by closing above 62,000 for the first time and the Nifty index crossed 18,500. The US Federal Reserve meeting minutes revealed the rate-setting panel was more amenable to a slower pace…
The Indian equity markets, both the Nifty 50 and the S&P BSE Sensex, as you may know, recently scaled a lifetime high. The Nifty 50 ended at 18,618.05 points and S&P BSE Sensex at 62,681.84 points on November 29, 2022 –clocking +8.3% returns on a year-to-date basis and clear outperformance compared to the global counterparts. Table…
