Active fund managers sense these changes early and reposition their portfolios accordingly.
HSBC India Mutual Fund’s acquisition of the erstwhile L&T Mutual Fund will soon complete a year. While Kailash Kulkarni, CEO, HSBC Mutual Fund is bullish on India but feels that mutual funds ought to penetrate the hinterlands in India much more than present levels
Comex gold fluctuated within a narrow range as traders awaited the outcome of the Federal Reserve and the European Central Bank policy meetings.
Spot gold was mostly unchanged at $1,959.39 per ounce by 10 a.m. EDT (1400 GMT). U.S. gold futures fell 0.3% to $1,961.20.
While prices may not come down drastically, it is expected that there will be stability later in the year. The festive season is expected to push up local demand, while the export market is expected to pick up later this year.
As per the latest shareholding pattern data, mutual funds hold a significant portion in the total shares of these smallcap companies. This indicates fund managers’ optimism over the future growth prospects of these companies.
As per the study, the share of gold in household savings portfolios in the CVD districts is significantly higher by 6.9 percentage points compared to other districts, and is accompanied by a shift away from financial asset holdings by 4.1 percentage points.
This was after the finfluencer asked traders/investors to stop wasting time reading books.
Three rating agencies have accorded it AAA ranking. This is rare for an NCD issue. Retail investors with moderate risk appetite should subscribe to the issue.
Stocks may be booming, but having been through the correction between October 2021 and March 2022, many investors may have realised the truth in the adage that trees don’t grow to heaven.
Momentum strategy follows a ‘buy high and sell higher’ approach of investing and exhibits high volatility in the short term. Investors with a high risk profile and long-term view can allocate 10-15 percent of their portfolio to momentum strategy. About 12 mutual fund schemes offer this play
Overall, the world equity benchmark has yet to fully recover from last year's bear market, with stocks, on the average, still more than 10 percent below their peak
Crude unable to hold $80. WTI crude falls below $75 a barrel. Prices -2% on Monday. US shale output projected at 9.40mbpd in August. US crude inventories may show decline of 2.3mln bls. Catch Manisha Gupta live on Commodities.
Market participants now await the upcoming monetary policy meeting of the Fed on July 26, which will provide crucial insights into the central bank's stance on interest rates and its overall policy.
FY24’s first SGB issue raised Rs 4604 crore, indicating how popular this instrument has become among investors seeking diversification
Systematic withdrawal plan allows unitholders to withdraw money at regular intervals. A Moneycontrol analysis of MC30 debt and equity funds show that 6-8% can be ideally withdrawn every month without depleting the corpus, if you stay invested for 10 years
Narayana Murthy and Sudha Murty on Monday donated a gold conch and a gold tortoise idol to Lord Balaji at Tirupati.
The sale of gold bonds crossed Rs 4,604 crore during the tranche issue in June 2023, shows data from the RBI. This is the highest till date.
Market participants now await the upcoming monetary policy meeting of the Fed on July 26, which will provide crucial insights into the central bank's stance on interest rates and its overall policy
A round-up of top newspaper stories to keep you ahead of others
The need for regular liquidity and the fear of loss in the event of default are among the factors that encourage investors to seek interest payouts at monthly intervals. For those looking to compound their money in the long term, such payouts should be avoided.
These midcap stocks scored relatively high momentum score as they have outperformed the peers in Nifty 200 basket over the last one year. To reduce the risk levels that come with momentum strategy, some fund houses have launched momentum index funds
Spot gold was up 0.2% at $1,960.20 per ounce by 10:18 a.m. EDT (1418 GMT), its highest since June 16. U.S. gold futures rose 0.1% to $1,963.
However, the directorate general of foreign trade (DGFT) said that the restrictions will not be there for imports under the India-UAE free trade agreement.
Spot gold rose 0.4% to $1,940.53 per ounce by 0231 GMT, its highest since June 20.