Sundaram Asset Management Company Ltd. has received SEBI’s approval for the acquisition of Principal Asset Management Pvt. Ltd. Sundaram Asset Management Company had first announced the purchase of the asset management business of Principal in January 2021, and had received the approval of Competition Commission of India in April 2021. As per the terms of agreement, Sundaram Asset…
Every parent aspires to give their child the best of everything. Many of you must have set aside some money for their bright and secure future. But would that be enough for their future needs until they are independent? The average interest rate on traditional saving instruments such as Bank deposits and endowment policies is…
After a stellar broad-based rally that continued for more than a year, the Indian equity market has turned volatile amid weak global cues and stretched valuations. The market is likely to witness further correction when the focus shifts from momentum to quality stocks. Investors who do not have a very high risk profile and long…
Business cycle refers to the cyclical movement between periods of prosperity and despair in the economic activity of a country. These cycles come in phases that can last from a few months to as long as a couple of years. Expansion: A sector or an economy is going through a cycle of high growth. Peak: The expansion…
Value funds are known for their distinct investing strategy. These are equity mutual funds that invest in companies that have fallen out of favour but still have strong fundamentals. Value investing constitutes the purchase of undervalued stocks that have a growth potential and are capable of providing long-term capital appreciation to the investors. Value funds enable…
Unusual times call for unusual fiscal and monetary policy measures. But the “whatever it takes” approach of policymakers to tackle the pandemic-related uncertainties has negatively affected the return potential of fixed deposits. Investors who are conservative and bank on fixed deposits for interest income have been the most affected. They have distanced themselves from debt mutual funds too —thanks to…
In India, Diwali marks the beginning of a new year for Hindu communities. It is a time for celebration and jubilation with the Diwali bonus and cash gifts being the cherry on the cake. Recall the sheer joy you experience when you get a little notification on your phone saying ‘Diwali Bonus Received’. Even though…
Multi Cap funds invest in stocks across market caps i.e. large cap, mid-cap and small-cap stocks. The Multi Cap category aims to benefit from higher growth potential offered by mid and small caps, while aiming to reduce volatility through its exposure to large cap stocks. However, a year ago the SEBI has defined new guidelines…
Large-cap indices such as the S&P BSE Sensex and Nifty 50 have more than doubled since the March 2020 low. Despite this sharp rally, many large-cap funds have underperformed their respective benchmarks. This has prompted some investors to shift to riskier but high return potential categories such as Mid-cap Funds and Small-cap Funds. However, going ahead if…
Quantitative investing is gaining traction amongst the investors, as it offers rule-based systematically managed thematic momentum strategy for one’s portfolio. Quantitative investing eliminates the investor concerns and avoid risks related to active stock selection, decisions influenced by behavioural biases, etc. Quant funds are a special kind of mutual funds whose asset allocation, including stock picking,…
