In a regulatory filing, RBL Bank has announced that its Board has accepted the request of MD and CEO Mr Vishwavir Ahuja to proceed on medical leave with immediate effect. Mr Rajeev Ahuja (existing Executive Director of the bank) has been appointed as the interim MD and CEO of the bank. Meanwhile, the RBI has…
In June 2020, I had mentioned in my article that L&T is looking to sell its mutual fund business. Earlier reports suggested that Private Equity firm Blackstone was a top contender to buy L&T mutual fund. It is now clear that HSBC Asset Management (India) Pvt. Ltd will acquire L&T Investment Management Ltd. , which is the investment manager of L&T…
As we are close to the end of the year 2021, there are several tasks you are planning to complete before the new year, and reviewing your investment portfolio should be one of them. With all the changes that you and your investment portfolio might have experienced over the prevailing year, it’s important to take…
The deadline to invest in tax-saving instruments for financial year 2021-22 is just three months away. You can explore and choose from various tax-saving investment options such as Equity Linked Saving Scheme (ELSS), Public Provident Fund (PPF), National Pension Scheme (NPS), etc. If you are looking to invest in a pure equity avenue for tax…
As we approach the last quarter of this financial year, we are sure you may have received calls from your CA or HR enquiring about your tax-saving investments, and rightly so. It doesn’t matter whether you are Elon Musk or an average joe; we are all trying to save taxes in the most legal way…
The Indian equity market performed very well in 2021 on the back of economic recovery, robust corporate earnings growth, comfortable liquidity conditions, and active participation from retail investors. The market rally during the year was broad-based; most stocks and sectors participated in the rally. As a result, mutual funds that invest across market caps benefitted…
The year 2021, has been eventful, yet an exciting year for the capital markets. A variety of factors coxswained the direction of the markets. At the outset, it looked like 2021 would be a year of a strong global recovery as coronavirus infections receded. However, the second wave proved fatal for many countries, including India.…
The year 2021 belonged to the mid-cap and small-cap stocks. Sustained buying from investors during the year took the Nifty Smallcap 250 index and the Nifty Midcap 150 index to an all-time high level of 10,014 and 12,219, respectively on October 18, 2021. A broad-based market rally during the year meant that Mid-cap Funds and…
Globally, innovation is leading through the disruption of various traditional industries. Such innovation and disruption creates investment opportunities across geographies. These opportunities are very limited in the Indian market. As an Indian investor, it is better to diversify globally and add some international flavour into your investment portfolio. However, many investors find it difficult to…
Mid-cap Funds have recorded strong performance in the last one and a half years amid a sharp rally in most mid-cap stocks. However, going forward, the volatility in equity market is expected to intensify due to expensive valuations, inflation concerns, Omicron threat, among other factors. Consequently, only a limited set of mid-cap stocks can showcase…
