Looking to beat FDs? Bet on lower end of the bond yield curve
Aditya Birla Sun Life Mutual Fund will issue a series of seven such target maturity funds, with tenures ranging from 15-33 months as it believes yields are still lucrative at the lower end of the yield curve. Investors in such schemes could earn a spread of 50-80 basis points over sovereign government securities or fixed deposits. Key Points
Economic TimesAround 39% equity MFs outperform respective benchmarks in July 2024. Smallcaps draw a blank: Report
A Prabhudas Lilladher (PL) study revealed that 78% of value, contra, and dividend yield funds outperformed their benchmark, the NIFTY 500 - TRI. Specifically, 25 out of 32 schemes surpassed the index. In the largecap mutual fund category, 58% schemes outperformed the S&P BSE 100 - TRI, with 18 out of 31 active large-cap funds delivering higher returns. Key Points
Economic TimesWhat’s a dal chawal mutual fund? Radhika Gupta of Edelweiss Mutual Fund explains
Radhika Gupta advises investors to avoid narrow theme based funds and opt for diversified 'dal-chawal' funds like balanced advantage and aggressive hybrid mutual funds. She shares insights on sector rotation and the challenges of predicting sector outcomes. Users discuss the benefits of active vs passive investing. Key Points
Economic TimesWhy Radhika Gupta, Edelweiss MF MD & CEO, wants you to invest in 'dal chawal' funds
India Business News: What’s a dal chawal fund? Broad based funds that are all weather and span a range of sectors. Balanced advantage and aggressive hybrid types. Key Points
Times Of IndiaMFs voice 'noes' loudly at governance shortfalls
Data from primeinfobase.com showed the percentage of votes opposing resolutions soared to a record high of 8.55% in FY24, a notable leap from 7% in FY23 and 4.62% in FY22. This substantial increase aligns their position more closely with the practices observed in developed markets, where institutional investors typically oppose 8-10% of resolutions proposed by companies. Key Points
Economic Times
Passive mutual funds deliver up to 98% return in FY24. Is active investing useless?
We considered all passive mutual funds in the market, regular and growth option schemes. We calculated returns offered by passive mutual fund schemes during the financial year 2023-24. Returns were calculated from April 1, 2023, to March 18, 2024. Key Points
Economic TimesBhushan Steel money laundering case: Singals caused loss of ₹11,446 cr to financial institutions, alleges
The siphoned-off funds were invested in preference shares of Bhushan Steel Ltd (BSL) in the name of the promoters or in the name of the companies controlled by the promoters, ED alleged. The funds were also being used to purchase properties in the name of the companies, ED said. Key Points
Economic TimesStock market today: Sensex drops by 453.85 points; Nifty at 22,023.35, down 123 points
India Business News: Sensex and Nifty dropped, small- and mid-cap stocks slightly gained. Stress test crucial for mutual funds. Large-cap stocks recommended. Infosys, M&M, Key Points
Times Of IndiaSebi chief flags bubble in midcap, smallcap space
Madhabi Puri Buch, Sebi chairperson, expresses concerns over stretched valuations of small- and mid-cap stocks favored by retail investors. AMFI directs mutual funds to provide additional disclosures. Sebi plans to bring in more disclosures on risk factors and allow T+ 0 trade settlement. Key Points
Economic TimesConsidering investing in debt funds? Know options available, benefits, returns, taxation rules - FAQs answered
Financial Literacy News: Considering investing in debt funds? Know the options available, benefits, returns, and taxation rules. Get your FAQs answered in this comprehensive guide. Key Points
Times Of India
Sebi to mutual funds: Protect investors in small and mid-cap plans
India Business News: India’s markets regulator has asked mutual funds to take steps to protect investors in small- and mid-cap plans amid concern that some parts of the nation’s $4.5 trillion stock market have become overly exuberant. Key Points
Times Of IndiaTop 5 global funds gain up to 87% in just a year. Do you own any?
Global equity funds are those that invest in the stocks of foreign companies. These overseas funds could be the country funds that invest in the economy of a specific country like the US or the regional funds that invest in companies from a specific geographical region anywhere in the world. Key Points
Economic TimesMutual funds: First time investors should look for these details while comparing the schemes
Mutual funds offer high returns, but online comparisons may not provide all necessary information like fund manager pedigree, investment style changes, and technical terms. Lack of understanding these factors can lead to uninformed decisions and missed opportunities. i Key Points
mintSebi asks small, mid-cap funds to disclose more about risks
Small and mid-sized funds have seen high inflows, causing concern among authorities about how they would hold up in the event of a sharp market selloff. The Securities & Exchange Board of India (SEBI) has also been reviewing stress tests conducted by such funds, sources have previously said. Key Points
Economic TimesBest debt mutual funds to buy now; how to choose the right debt MF
With interest rates expected to cool down, this is a good time to get into debt funds. However, choosing the right debt fund is a challenge. There are more than 15 categories of debt funds, each serving a different purpose and investor need. We identified the best funds on the basis of investors needs. Key Points
Economic Times
Investing in Small-Cap Stocks: Top 10 Tips for Absolute Beginners
An investment in the stock of a company with a market value of less than Rs 5,000 crore is known as a small-cap equity fund. These businesses are young and growing quickly, making them technically fragile and vulnerable to losses in the event of market unrest. Key Points
Times of IndiaInvesting in the 30s: Here’s how to create a generous corpus even in your late 30s
Chirag Munu of Anad Rathi Wealth says: Start investing in your 30s with a well-planned portfolio of mutual funds and SIPs. Allocate 20% of your income, consider an 80% debt and 20% equity mix, and diversify with large, mid, and small-cap funds. Build an emergency fund, manage debt, and get insurance for financial security. Key Points
Economic TimesIncome tax savings season is here. What should debt mutual fund investors do?
INVITs invest in infra projects pertaining to roads, power plants, highways, warehouses, etc. The ticket size for investment in INVITs is that value of each allotment lot shall not be less than Rs1 lakh with each lot consisting of 100 units. Key Points
Economic TimesMutual Fund Screener: Banking funds lose 2% in 2024 so far. What should investors do?
LIC MF Banking & Financial Services Fund has lost the most at around 5.31% year-to-date (YTD) so far. Meanwhile, Tata Banking & Financial Services Fund has lost around 5.28%. Key Points
Economic TimesRich face crypto dilemma: To bet or not via foreign route
Unlike direct purchase of cryptos, investing in an ETF is subscribing to units or securities issued by a regulated fund --- a feature that most think is a kosher trade. However, some of the Indian banks refuse to remit funds overseas if the money is invested in cryptos or offshore funds and pooled vehicles that invest in cryptos and track the prices of bitcoin and other digital currencies. Key Points
Economic Times
DMK Lok Sabha MPs wear black robes to protest over non-allocation of funds to Tamil Nadu
DMK member G Selvam said they are protesting against Centre not releasing flood relief funds. It has been raising the issue for last few days both inside and outside Parliament. Key Points
ThePrintTMC slams CAG, calls fund-blocking ‘fiscal terrorism’
India News: Trinamool Congress accuses BJP-led NDA government of blocking funds for Bengal, labeling it as 'fiscal federal terrorism'. TMC highlights the significance of CM Mamata Banerjee's announcement regarding the clearance of dues for NREGS workers. Key Points
Times Of IndiaInvesting in Small-Cap Stocks: Top 10 Tips for Absolute Beginners
An investment in the stock of a company with a market value of less than Rs 5,000 crore is known as a small-cap equity fund. These businesses are young and growing quickly, making them technically fragile and vulnerable to losses in the event of market unrest. Key Points
Times of IndiaThe $8.8 Trillion Cash Pile That Has Stock-Market Bulls Salivating
Wall Street hopes trillions in money-market funds will flow into stocks and bonds. Investors have varying plans. Key Points
mintGoldman says more global money will flock to India post elections
India Business News: India may see accelerated foreign inflows into its $4.4 trillion stock market once the national elections are over, according to a Goldman Sachs Group Inc strategist. Key Points
Times Of India
ED: ABG Shipyard set up 27 paper companies to divert funds
ABG Shipyard Ltd, accused in India's biggest bank fraud case, created 27 paper companies and used 38 Singapore-based group entities to divert funds borrowed from ICICI Bank-led lenders. The Enforcement Directorate's chargesheet reveals that the diverted funds were transferred to Singapore and invested in tax havens. The paper companies were created solely for the purpose of facilitating circular transactions. Key Points
Economic TimesShriram Finance to issue over 3-yr dollar denominated bonds - bankers
MUMBAI (Reuters) - India's Shriram Finance plans to raise funds through U.S. dollar denominated bonds maturing in three years and three months, two merchant bankers said on Tuesday. The funds raised Key Points
ThePrintLenders seek reprieve on RBI's alternate investment fund rules
India Business News: Lenders have written to RBI seeking a reprieve for some segments from recent directions to prevent the evergreening of loans by routing funds to borrowers through alternate investment funds (AIF). This article discusses the concerns of lenders regarding the RBI's rules on AIFs and the practice of evergreening loans. Key Points
Times Of IndiaInvesting in Small-Cap Stocks: Top 10 Tips for Absolute Beginners
An investment in the stock of a company with a market value of less than Rs 5,000 crore is known as a small-cap equity fund. These businesses are young and growing quickly, making them technically fragile and vulnerable to losses in the event of market unrest. Key Points
Times of IndiaWith no upside left in mid and small caps; large cap mutual funds still a good buy in 2024: Report
Investors are expected to keep their expectations lower from mid and small cap equity mutual funds. Driven by inflows from FIIs, stable macroeconomic indicators, the domestic equity market reported its best annual return in 2023 in the past seven years. Key Points
mint
Four mistakes investors might have made in 2023 & should avoid in 2024
Kaustubh Belapurkar says: Investors need to think of two things when they invest in mid and small caps. One is have realistic expectations, right. Do not expect that what has happened in the past, delivering 35%, 40% returns is going to continue forever. That is definitely not going to be the case. And secondly, have an adequate time horizon. Key Points
Economic TimesBuy or sell: What smallcap mutual fund investors should do in 2024
These funds typically invest in businesses in their growth phase, offering high potential for returns but carrying higher risks than mid and large-cap funds. In 2023, small-cap funds have drawn considerable attention due to their exceptional performance, driven by various economic and market factors. Key Points
Economic TimesHow will the proposed ASBA-like facility change stock trading?
Under the proposed settlement mechanism for stock trades, investors' funds will effectively leave their bank accounts only after trades are completed. This will eliminate the need to transfer funds to the stockbroker. Also, investors will do direct settlement with the clearing corporation of the stock exchanges. Key Points
Economic TimesApex PE-VC body seeks govt's help to ease AIF curbs
The industry association had a meeting with senior government officials and expects some relief or clarity within the next 30 days, said a source at the grouping that represents the interests of private equity and venture funds. The industry has flagged its concerns to the government and the finance ministry is examining these, a senior government official told ET. Key Points
Economic TimesRBI's prolonged pause hint may be a good time for long duration debt funds
In the latest monetary policy, RBI kept the repo rate unchanged at 6.50 per cent, after having raised the repo rate by 250 basis points since May 2022. Key Points
Economic Times
Your Questions Answered: How can I invest in the US market via Indian mutual funds?
Diversification is vital in investments, and exploring beyond the domestic stock market can broaden opportunities. Indian international mutual funds, like those emphasizing the S&P 500, provide Indian investors access to the thriving US equity market. Key Points
mintShould you invest in child-focused mutual fund schemes for meeting your child's future objectives?
A cursory glance at the returns reveals that numerous other funds have outperformed children’s funds in terms of returns. Many mutual funds consistently generate returns exceeding 12 per cent or surpassing inflation over the long term. Key Points
mintElara Capital suggests moving back to financials from IT, gradually – here's why
Even though the Nifty IT index has outperformed the Bank Nifty this year so far, brokerage house Elara Capital suggests moving back to financials from IT, gradually. In the note, the brokerage mentioned that the relative flow momentum in financials versus IT is at multi-year support. Key Points
mintInvesting in Small-Cap Stocks: Top 10 Tips for Absolute Beginners
An investment in the stock of a company with a market value of less than Rs 5,000 crore is known as a small-cap equity fund. These businesses are young and growing quickly, making them technically fragile and vulnerable to losses in the event of market unrest. Key Points
Times of IndiaPublic investors with $4.3 trln are down on China but in on net zero
Public pension and sovereign wealth funds managing $4.3 trillion in assets are pessimistic about investing in China, but keen to cut net emissions of their portfolios, according to a survey by the Official Monetary and Financial Institutions Forum (OMFIF). Key Points
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US equity funds see third weekly inflow on rate optimism
U.S. equity funds continued to accumulate inflows in the week to Nov. 22 as investor sentiment was buoyed by expectations of a pause in U.S. interest rate hikes, with a concurrent decline in Treasury yields further fuelling risk appetite. Key Points
ReutersUS equity funds draw heavy inflows on expectations for Fed pause
U.S. investors were big buyers of equity funds in the seven days through Nov. 15, spurred by expectations that the Federal Reserve may pause its interest rate hikes in light of recent subdued U.S. inflation data. Key Points
ReutersHigh returns and safety: Know why hybrid mutual funds works well for average investors
The practicality of hybrid funds becomes apparent when one considers the average investors constraints— time, knowledge and ability to withstand volatility. For such people, hybrid funds offer an ‘invest and forget strategy that does not require day-today thought. Its a tool that simplifies ones engagement with the market. Key Points
Economic TimesWhat should you do to consolidate your mutual fund portfolio this Diwali? MintGenie explains
Simplifying your investments involves aligning them with your financial goals. The process of streamlining your investment portfolio can be time-consuming, as it requires several steps to initially declutter and subsequently consolidate your mutual fund holdings. Key Points
mintUS bond funds rack up biggest weekly inflow in three months
U.S. investors poured a massive sum into bond funds in the seven days leading to Nov. 8 on hopes of a turnaround in Treasury bond prices following the Federal Reserve's decision to keep interest rates unchanged. Key Points
Reuters
Best balanced advantage funds or dynamic asset allocation funds to invest in 2023
Mutual fund managers and advisors have been asking conservative and new equity investors to invest in balanced advantage funds to tide over the volatile phase in the market. They believe these schemes are ideal to invest in stocks without worrying too much about the market levels and valuations. Key Points
Economic TimesInvestors on track to pour $1.3 trillion into cash funds in 2023 - BofA
Investors are on track to have put $1.3 trillion into cash funds in 2023, according to Bank of America and data provider EPFR. Key Points
ReutersUS money market funds draw biggest weekly inflow in seven months
U.S. money market funds received a big influx of capital in the seven days to Nov. 1, driven by investor caution ahead of the Federal Reserve's policy decision and the Treasury Department's announcement on its expected funding needs. Key Points
ReutersBond fund managers head for third year of losses for first time in decades
Many of the world's biggest bond funds are facing their third straight year of losses for the first time in roughly 40 years, as a relentless U.S. economy sends bond yields to their highest levels in more than a decade. Key Points
ReutersInvesting in Small-Cap Stocks: Top 10 Tips for Absolute Beginners
An investment in the stock of a company with a market value of less than Rs 5,000 crore is known as a small-cap equity fund. These businesses are young and growing quickly, making them technically fragile and vulnerable to losses in the event of market unrest. Key Points
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US investors extend equity fund sell-off amid rising bond yields
U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond yields and concerns over the Israel-Hamas conflict. Key Points
ReutersCAPFs spend less than 10% of 2022-23 ‘modernisation’ funds in 3 quarters. Figure zero for ITBP, NSG, SSB
Central Armed Police Forces — which have cited 'inadequate funds’ as impediment against tech upgrade — were allocated Rs 248.30 cr for 2022-23 under govt’s Modernisation Plan-IV. Key Points
ThePrintED conducts searches at 30 locations in Rs 56,000-cr bank fraud case against Bhushan Steel promoters
The Enforcement Directorate (ED) has conducted search and survey operations at 30 locations, including Delhi NCR, Haryana, Kolkata, Mumbai, and Bhubaneswar, against the promoters of Bhushan Steel Limited (BSL) in connection with a bank fraud of Rs 56,000 crore. The investigation revealed that the promoters and directors of BSL formed several shell companies and rotated funds through a chain of multiple entities. Key Points
Economic TimesBanks find new ways for overseas investment
Wealthy Indians are now being allowed to invest in offshore funds in financial centers like Singapore. In the past month, around four ultra-high net worth individuals have been permitted to remit money to foreign funds whose managers are regulated. This development is being closely followed by private wealth managers and financial experts catering to rich clients. Key Points
Economic TimesHow to save Rs 15 lakh for home loan down payment in three years
The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals. Key Points
Economic Times
Centre stopped funds on purpose: TMC general secretary Abhishek Banerjee
Abhishek Banerjee, the national general secretary of Trinamool, accused the central government of deliberately withholding funds for the MGNREGA scheme, which provides rural employment. He criticized Union Minister Giriraj Singh for showing a step-motherly attitude towards the people of Bengal. Trinamool MPs, ministers, and leaders left for Delhi to hold a two-day protest demanding the release of wages for workers under the MGNREGA scheme and funds for other central schemes. Key Points
Economic TimesInvesting in Small-Cap Stocks: Top 10 Tips for Absolute Beginners
An investment in the stock of a company with a market value of less than Rs 5,000 crore is known as a small-cap equity fund. These businesses are young and growing quickly, making them technically fragile and vulnerable to losses in the event of market unrest. Key Points
Times of IndiaBank FDs offering 8-9% interest rate or debt MFs: Where to invest for the short-to-medium term?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away. Key Points
Economic Times