ICICI Prudential Value Series 1 and 2 were launched towards the end of 2013 as three year close ended schemes. With the benefit of hindsight, we can say that the timing of subscription to these Value Series schemes were just great. The equity market was...Read More
Systematic Investment Plans in our Mutual Fund Industry have become a product by itself. The industry has recorded the highest Gross SIP Inflows of INR 14,276 in March 2023, with overall inflows at INR 1,55,972 in FY 2022-23 and SIP Assets Under Management at INR 6,83,296 as on March 2023. The total...Read More
Edelweiss Mutual Fund has launched a new fund Edelweiss Small Cap Fund. The NFO opened for subscription on January 18 and will close on February 1, 2019. The last one year has been very difficult for small cap stocks with the Nifty Small...Read More
When I was in middle school in the mid eighties, I remember that, for many months the headline dominating the newspaper front pages, related to the subject of bank computerization. The banking industry was crippled...Read More
The severe economic shock caused by COVID-19 triggered lockdown has stocks around the world in a meltdown. Though Nifty-50 has recovered 20% from the March 2020 lows, it is still down almost 25% on a year to date basis. With infections and fatalities rising in India and the roadmap to normalcy uncertain, stock specific risks can...Read More
The equity market has been very volatile over the past few months. The Nifty is down 17% from its 52 week high and the Nifty 50 TRI is down 11% on a year to date (YTD basis) Data source: Advisorkhoj.com as on 20 June, 2022. High inflation is the main concern of equity markets around...Read More
For this assessment year (FY 2020-21 / AY 2021-22), the Government has provided investors the option of sticking to the current income tax rates (as per their income slabs) and claiming exemption like Section 80C, 80D, HRA etc. or moving to the new tax regime with lower tax rates for incomes below Rs 15 lakhs but giving up most of the...Read More
Life insurance is essential for our financial security. However, life insurance as a financial product, popular as it may be, is still widely misunderstood due to the general lack of financial literacy and widespread misselling...Read More
Large and Midcap market segment refers to the top 250 companies by market capitalization. The top 100 companies by market capitalization are large cap companies, while the next 150 companies are classified as midcaps. Mutual...Read More
In the first part of this series, we discussed how different categories of equity mutual funds performed in 2014. While equity funds performed strongly driven 30% rise in Sensex during 2014, even some debt funds gave...Read More