Although most investors are familiar with the two main types of mutual funds: actively managed and passively managed funds, Quant funds is a different category that many investors may be interested to explore. Quant funds are a hybrid of passive and active funds that rely primarily on an automated system. Quant funds are rules-based equity-oriented…
Contra Funds are a subset of value style funds. As the name suggests, these funds take on an ‘against the herd’ approach on stocks and sectors that are temporarily going through a rough phase where their performance is affected and have distortions in their valuations. The category aims to capitalise on these distortions and take contrarian bets to…
The second wave of COVID-19 is not showing any signs of a slowdown yet. India now stands 2nd among the worst affected countries by active cases and 1st in daily new cases. For the economy, it is déjà vu all over again – health infrastructure getting overwhelmed, rising instances of job loss, businesses being shut,…
We witnessed the novel coronavirus infection peak in September 2020 on home soil; and from there on cases started to decline steadily even as many other nations continued to report an escalation. Consequently, many restrictions were lifted and it seemed like we would soon achieve victory over the deadly virus. But the expression, “Don’t celebrate…
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, time horizon. Equity-linked Saving Scheme (ELSS), Public Provident Fund (PPF), Tax Saving Bank Deposit, Life insurance…
A strong second wave of COVID-19 has increased the volatility in the Indian equity markets. Foreign Portfolio Investors (FPIs), who net purchased Rs 2,74,502 crore worth of Indian equities since April last year, have now turned cautious; they tapered their investments in March 2021. On the other hand, domestic mutual funds have turned net…
India is witnessing a strong second wave of COVID-19. After bending the curve around mid-September last year, the infections are on the rise every day across parts of the country with the double-mutant strain (E484Q and L452R) and a variety of variants (U.K., South African, and Brazilian). The tally of active COVID-19 cases in India has…
The S&P BSE Sensex continues to trade near the 50,000 mark, overcoming the temporary blip caused by the fears surrounding the second wave of coronavirus infections in India. This may point to investors ruling out the possibility of renewed lockdown clamps in the country. Recently, the RBI governor expressed confidence that the new wave is unlikely to…
It is not very often that we hear of extraordinary returns in mutual fund schemes; such returns are generally associated with investments in direct equities. As you know 2020 was a highly volatile year for the equity market due to the impact of COVID-19 outbreak on the economy. Despite this, the market witnessed a broad-based…
The Indian equity market crashed to multi-year lows in March 2020 due to the outbreak of COVID-19 pandemic. However, by the end of the year, as the lockdown restrictions were steadily lifted, the equity market performed well by not only recovering the losses but also setting new all-time highs. Recently, with reports of a resurgence…
