Shriram Mutual Fund has launched a new fund offer (NFO), Shriram Multi Sector Rotation Fund. This is a thematic fund which will rotate trending sectors, investing in 3 – 6 sectors at any point. The fund will use quantitative techniques to identify trending sectors and avoid sector traps. The NFO...Read More
Equity market has been volatile for past one month or so. Concerns about weak Q2 corporate earnings, FII outflows (more than Rs 90,000 crores net sales in October, source: NSE, as on 31st October 2024) and uncertainty about interest rate cuts have dampened market sentiments. The Nifty has fallen more than...Read More
Bandhan MF is launching a new passive fund, the Bandhan Nifty 200 Quality 30 Index Fund. As the scheme name suggests, the fund will track the Nifty 200 Quality 30 Index. Nifty 200 Quality 30 Index is a factor index, which selects stocks based on some characteristics. Passive funds tracking factor indices...Read More
The market has been volatile since October, with the Nifty tumbling by more than 2,000 points (as on 8th November 2024, source: NSE) from its all-time high. The Nifty bounced back after the US election results were declared and then gave up the gains in subsequent trading sessions. Volatility may continue in the...Read More
Index funds are gaining rapid popularity in India. In the last 4 years, as per AMFI data, the assets under management index funds multiplied by 20 times (source: AMFI, as on 31st October 2024). Retail investors usually associate index funds investments with Nifty 50 and BSE Sensex indices. However, thematic index funds may...Read More
Nippon India MF is launching two index funds, Nippon India Nifty Auto Index Fund and Nippon India Nifty Realty Index Fund. As the names suggest, the funds will be tracking the Nifty Auto and Nifty Realty Index respectively. Realty and auto have been among the best performing sector in the last 1 year. Nifty Realty...Read More
The India Consumption Story is an integral part of the India Growth Story, since India is largely a domestic consumption based economy. In FY 2023-24, India’s private final consumption expenditure (at constant 2011-12 prices) is around 56% of the GDP (source: Economic Survey). As per PHD Chamber of Commerce and...Read More
SBI Mutual Fund launched SBI Multicap Fund in 2022. The fund will complete 3 years in March. Though it is still a relatively young fund, the performance of the fund in the last 2 years or so has been quite encouraging since it has outperformed its peers across different market conditions. The fund has bucked the fall...Read More
Equity markets have been very volatile over the past month or so. The Nifty 50 has fallen by nearly 1,800 points from its all time high (as on 23rd October 2024). Multiple factors are responsible for volatility viz. weak global cues, high US Treasury Bond yields, strong US Dollar, China’s outperformance, weak Q2 corporate...Read More
IMF has forecasted India to become the third largest economy of the world by 2028-29.India's nominal GDP is expected to grow from $3.6 trillion in 2023 to $5.8 trillion in 2028 (source: IMF). Growth of the manufacturing sectors and infrastructure development is expected to play a central role in India’s aspiration...Read More