The equity market has been witnessing high volatility over the past couple of months due to the Russia-Ukraine war and the resultant inflationary pressure. To navigate uncertain and volatile market conditions, you can consider diversifying your investments across market caps, preferably through a Flexi-cap Fund. This will help you reduce the portfolio risk, thereby maximising portfolio…
In an unscheduled but long-anticipated move, the RBI announced a hike in interest rates. On May 04, 2022, RBI’s Monetary Policy Committee (MPC) decided to raise the repo rate by 40 basis points (bps) to 4.40%, the first hike in nearly four years. Further, it has decided to increase the Cash Reserve Ratio (CRR) by 50 bps to 4.5%…
On May 06, 2022, Axis Mutual Fund announced that it has suspended two of its fund managers due to potential irregularities. Axis Mutual Fund is the seventh-largest mutual fund house in India, managing assets (AUM) of over Rs 2.5 lakh crore. The two officials that have been suspended are Viresh Joshi, Chief Trader & Fund Manager – Equity, and…
The RBI’s off-cycle move to hike interest rates came as a surprise to investors in the equity market. The S&P BSE Sensex declined by around 1,307 points in a day on May 04, 2022, as RBI raised the repo rate by 40 basis points to tame inflation. It is likely that RBI will announce further…
In almost every field, technological advancements are reaching new heights. Artificial Intelligence (AI) and Machine Learning (ML) have become buzzwords worldwide, influencing every sector and changing our perceptions of the human-machine interface. However, could you ever imagine the application of AI and ML in an industry like mutual funds that is so heavily driven by…
Retirement is the phase in one’s life when he/she decides to leave the workforce and live a worry-free life while reaping the benefits of hard work. The inflow of money would cease during the retirement phase, but expenses would continue. Because you no longer have a regular source of income and have a finite amount…
The primary objective of mutual fund investment is to earn returns. Returns on mutual fund are calculated by various ways such as CAGR, XIRR, absolute, etc. Compounded Annualised Growth Rate (CAGR) is the most commonly used method to calculate the growth of your investment per annum over a specified period. However, CAGR is not relevant…
It’s never too late to learn from ‘The Intelligent Investor’ – Mr Benjamin Graham. Benjamin Graham was an investor, educator, and economist from the United States. While he is regarded as one of the most illustrious investors, his moniker is ‘Father of Value Investing’. Millions of investors worldwide have read his book The Intelligent Investor.…
The beginning of the financial year is the best time to begin your tax planning exercise. Doing so allows you to explore various tax-saving avenues and pick the most suitable one that aligns with your investment objective, risk profile, and investment horizon. Among the various avenues available for tax saving, Equity-Linked Saving Scheme (ELSS) is a worthy…
Large-cap Mutual Funds are those that invest a minimum of 80% of their assets in equity and equity-related instruments of large-cap companies. SEBI defines large-cap companies as top 100 companies in term of market capitalisation. Large-cap companies are generally well-established businesses. These companies enjoy reliable brand equity, competitive advantage, quality management, strong balance sheet, easy…
