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I also believe that the way the mutual funds have been playing the development role on the bond market, which I think is one of the most needed for the country as a whole, in addition to the equity market.
2023-03-24T13:58:22+05:30


A note from a distributor told investors that ‘this is to inform you that FY 24 Budget amendment is proposing any capital gain made on investments made after April 1, 2023 in Non Equity MFs ( Funds which have more than 35 % investment in debt ) will not be eligible for Long Term Capital Gains benefits.”
2023-03-24T12:17:49+05:30


Indexation helps investors to bring down taxes as it calculates the taxes after accounting for inflation. In a high inflation environment, indexation brings down the taxes significantly.
2023-03-24T09:35:53+05:30


The Securities and Exchange Board of India, in its circular dated May 8, 2017, allowed the use of e-wallets for investment in mutual funds within the umbrella limit of Rs 50,000 for investments by investors, especially the young generation -- to purchase these instruments through both e-wallet and/or cash per mutual fund per financial year.
2023-03-24T08:11:38+05:30


Quant Mutual Fund has launched a Dynamic Asset Allocation Fund that provides 100% flexibility in shifting between debt and equity. The company aims to target a new investor audience, such as people who invest in FDs but are reluctant to take risks. They believe the new fund can generate extra alpha over FD returns and offer a similar low-volatility product with better taxation. The fund can be used as a debt tax savings product, while Sebi also allows exiting 100% from equity or participating in 100% debt. The fund aims to generate alpha opportunistically when extreme or special situations arise.
2023-03-23T16:45:00+05:30


If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-03-23T15:37:37+05:30


ELSS mutual fund category offered around 13.35% returns in the 10-year horizon. ETMutualFunds considered daily rolling returns in 10 years to to see whether these schemes managed to beat their benchmarks.
2023-03-23T11:10:38+05:30


By investing in a fund of funds, which offers asset diversification, investors may also benefit from lower risks as it follows a passive investment strategy.
2023-03-23T08:29:07+05:30


Deals beyond a certain value require approval from the regulator, as it keeps a tab on unfair business practices in the market place.
2023-03-23T08:22:37+05:30


The move set the U.S. central bank's benchmark overnight interest rate in the 4.75%-5.00% range, with updated projections showing 10 of 18 Fed policymakers still expect rates to rise another quarter of a percentage point by the end of this year, the same endpoint seen in the December projections.
2023-03-22T23:38:58+05:30


The small cap category has faced a lot of volatility in the interim. The category delivered around 2.19% return in the last one year horizon.
2023-03-22T11:07:22+05:30


Midcaps and smallcaps tend to feel the pinch more than largecaps during macroeconomic advents. This is despite valuation in the smaller caps also correcting. Some profit booking in midcap and smallcap stocks could occur in the nervous market but one should start nibbling back into increasing equity allocation to domestic equities, especially largecaps. Kotak AMC's CIO-Equity, Harsha Upadhyaya, believes the valuation risk remains minimal in largecaps, making them attractive to investors for long-term investments.
2023-03-22T10:09:46+05:30


Aditya Birla Sun Life AMC CEO A Balasubramanian says the firm’s exposure to the Adani Group has been paid on time or earlier than the due date. SIP cancellations might occur, however, the net number should remain positive moving forward. The upcoming election should see a positive outcome for the Indian market. Stocks in the consumption segment would be the least volatile with no earning negative surprises.
2023-03-22T09:21:37+05:30


According to regulatory guidelines, investors should have a nominee for all their mutual fund folios, or inform the fund house they do not wish to have one by March 31. Otherwise, their folios will be frozen for debits.
2023-03-22T08:59:58+05:30


"Concerns on growth and financial stability point to easier than expected monetary conditions. If this contagion in the global banking system continues, monetary policy will continue to be easy, making it a good time to allocate some money to long duration bonds with a 5-10 year maturity." says Sandeep Bagla, CEO, Trust Mutual Fund.
2023-03-22T08:25:08+05:30


As per Association of Mutual Funds in India (AMFI) data as of January 2023, individual mutual fund investors have 80% of their total mutual fund allocation towards equity schemes, and only 14% of the allocation is towards debt-oriented schemes.
2023-03-21T13:04:04+05:30


Silver ETFs also have an advantage over SIlver futures which are also traded on the exchanges. The former is traded on exchanges in the form of stocks, Solanki said. Trading in silver futures and for that matter any derivative is complicated while ETFs are much simpler to understand, he added.
2023-03-21T12:53:48+05:30


Around nine fixed maturity plans (FMPs), five gilt funds, two ETFs and two fund of funds (FoF), and one ELSS and index fund scheme are open for subscription in the market.
2023-03-21T12:15:22+05:30


If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-03-21T10:32:04+05:30


For some people investment is an activity where there is a lot of action all the time. They strongly believe that to get returns one needs to actively manage their portfolio and churn appropriately, says Suresh Sadagopan.
2023-03-21T09:44:45+05:30


The NSE Nifty fell 111.65 points or 0.65% to close at 16,988.40. The BSE Sensex declined 360.95 points or 0.62% to end at 57,628.95. "It's the fear factor that the crisis in the developed market financial system will not end soon which is dragging down the market at the moment," said Siddarth Bhamre, head, research, Religare Broking.
2023-03-21T07:29:39+05:30


Puneet Pal, head - fixed income, PGIM India Mutual Fund, said he expected the US Fed to hike rates by 25 bps next week, but he pointed out the crucial aspect will be the future guidance.
2023-03-20T15:46:26+05:30


Is it the right time to invest in equity mutual funds? Why mutual fund managers/experts believe that it is great time or opportunity to invest in equity mutual funds?
2023-03-20T12:45:40+05:30


The goals cannot be vague, such as ‘I will buy a house when I have enough money’. Goals should be ‘SMART’: specific, measurable, achievable, relevant and time-bound.
2023-03-20T06:30:00+05:30


This type of fund has huge interest rate risk as any change in the interest rate will impact the price of the bonds, which will impact fund returns.
2023-03-20T06:30:00+05:30


Investing consistently is more than important than timing the markets.
2023-03-20T06:30:00+05:30


If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-03-17T16:01:41+05:30


HDFC NIFTY SDL Plus G-Sec Jun 2027 40:60 Index Fund, an open-ended target maturity scheme, will close for subscription today. The scheme will re-open for continuous sale and repurchase within five business days from the date of allotment of units under NFO.
2023-03-17T12:24:23+05:30


Equity mutual funds shuffled their holdings in banks and insurance in February as foreign investors trimmed their positions in these stocks as part of their broader sell-off in Indian equities.
2023-03-17T10:29:42+05:30


"With this fund, an investment by an Indian investor will be made in INR locally into the Bandhan US Treasury Bond 0-1 Year Fund of Fund. Our fund will in turn invest into an overseas ETF that invests in US Treasury Bonds. Being a local investment, individual remittance limits and Tax Collected at Source (TCS) requirements under the LRS facility are not applicable," Kapoor said.
2023-03-17T09:51:10+05:30


The US Treasury Bond 0-1 year Fund of Fund is an open-ended FoF that will invest in units of JPMorgan BetaBuilders US Treasury Bond 0-1 year ETF.
2023-03-17T08:33:00+05:30


Securities and Exchange Board of India (Sebi) granted recognition to AMC Repo Clearing Ltd in January last year.
2023-03-16T15:11:31+05:30


If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-03-16T13:31:47+05:30


Are the recent troubles offer a great opportunity to invest in banking schemes?
2023-03-16T11:19:53+05:30


As per the Income Tax, such mergers will not result in capital gain or loss for the merging schemes. They will be treated as a continuous investment into the next scheme.
2023-03-16T09:11:45+05:30


Target maturity funds are passively managed debt mutual funds that come with a specified maturity date and replicate the underlying index.
2023-03-15T09:53:22+05:30


The Deputy MD of SBI MF, DP Singh, says that the SVB crisis in India will have a minimal impact on the Indian economy, and that the future is bright. Singh also says that the Indian economy is doing well, and that credit is improving. He says that the decoupling of the Indian economy from the US economy is no longer possible and that Indians are investing outside of India.
2023-03-15T09:31:58+05:30


Nifty100 Low Volatility 30 Index is a Smart Beta ETF that aims to measure the performance of the low volatile securities in the large market capitalization segment. Smart Beta ETFs aim to potentially combine the benefits of both active and passive investing.
2023-03-15T09:10:05+05:30


The NFO will close for subscription on March 15, 2023.
2023-03-15T09:00:11+05:30


Women can give a missed call on 8657011333 if they want to learn more about mutual funds, investing or simply about how they can take their first steps toward building a financial plan, a press release said.
2023-03-14T14:14:29+05:30


Whenever the market becomes volatile, many investors keep asking whether they can invest in some mutual funds that will help them to deal with the volatility better. Are there safe funds?
2023-03-14T11:10:53+05:30


The NFO of SBI Dividend Yield Fund was opened between February 20 to March 6, and it will reopen for subscriptions on March 17, the company said.
2023-03-14T09:24:53+05:30


The heavy withdrawal was seen from liquid funds. Debt funds continued to witness outflows at Rs 13,815 crore during the period under review.
2023-03-14T09:23:18+05:30


The New Fund Offer is open for subscription and will close on March 27.
2023-03-13T13:02:12+05:30


Loan against mutual funds units has existed in the past, but investors stayed away from it due to the tedious process like multiple visits to the branch, fulfilling KYC norms, and waiting for days to get the loan sanctioned and disbursed.
2023-03-13T10:09:46+05:30


Gold ETFs, which track the domestic physical gold price, are passive investment instruments that are based on gold prices and invest in gold bullion.
2023-03-13T08:48:14+05:30


Based on regular monthly fund disclosures, global mutual funds tracking firm Morningstar ranks India on top of 26 countries, said Amfi chief executive NS Venkatesh.
2023-03-13T08:41:19+05:30


Given its growth tilt, the fund struggled last year, pulling down its otherwise decent return profile. Its new stance means it will deliver when market starts favouring growth businesses.
2023-03-13T06:30:00+05:30


The loss rate is defined as the number of time intervals of negative returns as a percentage of the total number of defined time intervals. This is calculated using rolling returns.
2023-03-13T06:30:00+05:30


Fortunes of arbitrage funds have changed in the past three months. These have clocked 1.7% returns over the past three months, even as liquid funds fetched 1.57%. ts, however, say ultra short term debt funds are a better option.
2023-03-13T06:30:00+05:30


Earnings growth and variability of earnings remains the key risks to markets.
Fri, 24 Mar 2023 06:49:16 +0530


The major challenge for equities in FY24 remains interest rate path volatility. Implied Fed funds rate and hike probabilities have been swinging almost every day at an unprecedented quantum. Stocks tend to underperform during such an uncertain environment
Thu, 23 Mar 2023 07:24:26 +0530


The repercussions of the slowdown in Nasdaq companies are yet to come through in earnings downgrades, and the prospects of Indian companies may be dented, says Alok Jain.
Wed, 22 Mar 2023 10:52:24 +0530


The repercussions of the slowdown in Nasdaq companies are yet to come through in earnings downgrades, and the prospects of Indian companies may be dented, says Alok Jain.
Wed, 22 Mar 2023 10:52:24 +0530


The cement sector and a few consumer goods stocks can benefit from the current lower commodity prices, making them a good bet, he says.
Tue, 21 Mar 2023 10:10:38 +0530


The cement sector and a few consumer goods stocks can benefit from the current lower commodity prices, making them a good bet, he says.
Tue, 21 Mar 2023 10:10:38 +0530


The cement sector and a few consumer goods stocks can benefit from the current lower commodity prices, making them a good bet, he says.
Tue, 21 Mar 2023 10:10:38 +0530


India is more resilient from bank runs as deposit base is distributed and there is more friction in larger transactions.
Mon, 20 Mar 2023 06:38:42 +0530


India is more resilient from bank runs as deposit base is distributed and there is more friction in larger transactions.
Mon, 20 Mar 2023 06:38:42 +0530


India is more resilient from bank runs as deposit base is distributed and there is more friction in larger transactions.
Mon, 20 Mar 2023 06:38:42 +0530


The market seems to have corrected quite a bit, with good valued opportunities showing up.
Sun, 19 Mar 2023 10:18:08 +0530


The market seems to have corrected quite a bit, with good valued opportunities showing up.
Sun, 19 Mar 2023 10:18:08 +0530


The Fed#39;s rate hike path for 2023 is like walking a tightrope between battling inflation and avoiding a banking crisis.
Sat, 18 Mar 2023 06:32:52 +0530


"In case of a correction, investors should focus on sectors/ themes which are likely to have reasonable steadiness on earnings front."
Fri, 17 Mar 2023 07:23:15 +0530


The RBI might hike the repo rate by another 25-50 basis points. Though in Quantum MF#39;s opinion that would be overtightening and will likely reverse soon.
Thu, 16 Mar 2023 07:19:37 +0530


Banking stocks slid in Europe with Deutsche Bank and UBS Group hit hard by worries that the worst problems in the sector since the 2008 financial crisis have not yet been contained.
2023-03-24T20:06:10+05:30


NPS is a voluntary low-cost investment plan designed to enable people to plan for their retirement. One can invest in this scheme through systematic savings during his/her working lifetime. It is also an effective way to save on tax payouts.
2023-03-24T20:03:33+05:30


2023-03-24T19:54:40+05:30


Physical gold dealers in India had to offer the biggest discounts in over a year to attract buyers who were deterred by record-high gold prices last week. There were concerns that festivities in Maharashtra and Karnataka would fuel the purchase of the commodity. In contrast, there was steady demand for gold in China, with premiums going down slightly as the banking crisis continued. Market uncertainty has given investors reason to rely on safe-haven assets, keeping the demand sturdy worldwide.
2023-03-24T19:16:39+05:30


The Dow Jones Industrial Average fell 67.03 points, or 0.21%. The S&P 500 opened lower by 9.51 points, or 0.24%.
2023-03-24T19:13:22+05:30


Euro zone yields fell as investors anticipate fewer rate hikes from the European Central Bank, while lingering banking stability concerns boost demand for safe-haven assets. German 10-year government bond, the bloc's benchmark, fell 10 basis points, to 2.08%, while the German two-year yield, which is most sensitive to policy rate expectations, fell 14 basis points to 2.34%. Investors have been trying to balance the expectation for a quick end to the Federal Reserve's monetary tightening cycle against remarks from ECB hawks calling for more rate hikes. Market focus will turn to next week's euro preliminary inflation reading for March, which may boost future rate hike expectations.
2023-03-24T19:11:45+05:30


2023-03-24T19:00:57+05:30


2023-03-24T18:52:26+05:30


So far this week, gold prices have surged almost 2.50 per cent on the back of safe haven demand and traders expect US central bank may pause its rate hike cycle, Gandhi said.
2023-03-24T17:47:08+05:30


The recent fall has faded hopes of sustained recovery, and we might again end up seeing range-bound moves in the index. Needless to say, the major support is intact at 16,800 in Nifty. We thus reiterate our view to limit positions and maintain positions on both sides.
2023-03-24T17:43:55+05:30


The reason is outside observers usually look at headline numbers of trading volumes and assume that broking is a huge opportunity with a large revenue pool that will grow forever. In reality, it's a cyclical business that tends to revert to the mean, the billionaire startup founder said.
2023-03-24T17:24:40+05:30


The Nifty Pharma index closed 0.22 per cent down at 11755.35.
2023-03-24T17:23:18+05:30


The Nifty IT index closed 0.23 per cent down at 27935.65.
2023-03-24T17:18:01+05:30


The NSE Nifty index closed 131.85 points down at 16945.05
2023-03-24T17:12:41+05:30


The 30-share BSE Sensex closed down 398.18 points at 57527.1
2023-03-24T17:07:27+05:30


The 30-share BSE Sensex closed down 398.18 points at 57527.1
2023-03-24T17:02:12+05:30


The NSE Nifty index closed 131.85 points down at 16945.05
2023-03-24T16:51:51+05:30


​Sensex fell 400 points to 57,527, while Nifty settled at 16,945, down 0.77% or 132 points.
2023-03-24T16:48:41+05:30


The 30-share BSE Sensex closed down 398.18 points at 57527.1
2023-03-24T16:46:39+05:30


The 30-share BSE Sensex closed down 398.18 points at 57527.1
2023-03-24T16:41:28+05:30


62% of employers are giving a strong indication of hiring freshers from sectors including IT, telecom, BFSI, FMCG, and any consumer-facing businesses, according to Jaideep Kewalramani, COO at TeamLease Edtech. Demand remains strong, but hiring sessions may be delayed or adjusted, given cyclical patterns in the market. While there is some softness in the market at certain levels, there is still enough demand to absorb all new talent coming onto the market, Kewalramani noted.
2023-03-24T16:41:00+05:30


IZMO, Sterling Tools, Cyient, Nagreeka Capital and Binani Ind, hit their fresh 52-week highs during the day.
2023-03-24T16:36:18+05:30


In January 2021, the charges were earlier increased by 6% partly, to augment the investor protection fund trust.
2023-03-24T16:35:29+05:30


Former HR Head of Infosys, Nandita Gurjar, advises freshers to focus on building their skills and competence, and joining organizations that appreciate learning, rather than focusing on salary expectations. She also suggests that freshers can start their career in any industry, as every industry has become a tech industry. While layoffs may be happening in certain industries, there are also job opportunities available for freshers, depending on the skills they possess, and companies are hiring in different sectors.
2023-03-24T16:31:00+05:30


It seems traders are not comfortable with their risk exposures into the weekend as the moves in global markets have shown we may not be out of the woods on these banking issues, said a trader at a Mumbai-based bank.
2023-03-24T16:29:03+05:30


The Nifty Bank index closed 0.56 per cent down at 39395.35.
2023-03-24T16:26:00+05:30


The 30-share BSE Sensex closed down 398.18 points at 57527.1
2023-03-24T16:15:44+05:30


2023-03-24T16:15:39+05:30


In the Nifty pack, 10 stocks closed in the green, while 40 stocks ended in the red.
2023-03-24T16:10:34+05:30


The 30-share BSE benchmark Sensex plunged 398 points or 0.69% to settle at 57,527. The broader NSE Nifty dropped 132 points or 0.77% to end at 16,945.
2023-03-24T16:07:50+05:30


European banks fell 4.5% and were set for their third week of declines, after the failure of U.S. midsized lenders and the turmoil at Credit Suisse highlighted growing risks to banks in the wake of tightening financial conditions.
2023-03-24T16:05:53+05:30


The Nifty Auto index closed 0.76 per cent down at 12113.4.
2023-03-24T16:05:23+05:30


European banks have had a rough ride in the last week with a state-backed rescue of Credit Suisse and turmoil among regional U.S. banks fuelling concerns about the health of the global banking sector.
2023-03-24T16:01:47+05:30


In today's world, our identity is not limited to our physical presence but extends to our digital footprint. Our digital identity represents ourselves in the virtual world, encompassing various aspects such as email addresses, phone numbers, social media profiles, and other online activities.
2023-03-24T16:00:45+05:30


Bajaj Finserv, Bajaj Finance, Adani Ent., Tata Steel and Hindalco were among the top losers on NSE in today's trade.
2023-03-24T16:00:11+05:30


Under the new rules, option traders will have to pay Rs 6,200 for every Rs 1 crore worth of turnover as against Rs 5,000 that is being paid currently. This translates into a hike of around 25%.
2023-03-24T15:44:42+05:30


The brokerage firm does not expect any exclusions at this point in time in MSCI India Standard Index.In Friday's trade, Hindustan Aeronautics stock was trading 4.4% higher at Rs 2,608 on the BSE. In the last one year, the stock has also surged over 85%.
2023-03-24T15:19:58+05:30


2023-03-24T15:08:03+05:30


2023-03-24T14:55:02+05:30


Kotak Institutional Equities remains positive on Indian banks and see limited impact on them of the risks emanating from a possible global slowdown on lenders back home. We believe that Indian banks would fare reasonably better in this leg of the cycle, KIE said.
2023-03-24T14:25:32+05:30


Wood, in the latest edition of GREED & fear, highlighted that the valuation differential between India and China has reverted to its traditional mean after the huge 65% outperformance of MSCI China over MSCI India from the end of October 2022 to late January following the China re-opening.
2023-03-24T14:21:17+05:30


A total of 17,236 shares changed hands on the counter till 02:09PM (IST).
2023-03-24T14:10:03+05:30


I also believe that the way the mutual funds have been playing the development role on the bond market, which I think is one of the most needed for the country as a whole, in addition to the equity market.
2023-03-24T13:58:22+05:30


A total of 11,026 shares changed hands on the counter till 01:54PM (IST).
2023-03-24T13:54:25+05:30


Maruti Suzuki India, has announced that it will increase car prices from April due to rising commodity prices and regulatory requirements. While the company had previously implemented minor price hikes to balance demand during the Covid-19 period, it finds the recent price levels inadequate. Maruti Suzuki's Executive Director, Shashank Srivastava, revealed that the company plans to release 16 new brands in the upcoming years to fortify its product line and increase market share in the SUV sector.
2023-03-24T13:49:16+05:30


On the technical charts, the 200-day moving average of the stock stood at Rs 296.74.
2023-03-24T13:49:11+05:30


A total of 62,084 shares changed hands on the counter till 01:43PM (IST)
2023-03-24T13:43:53+05:30


A total of 5,631 shares changed hands on the counter till 01:38PM (IST)
2023-03-24T13:38:41+05:30


The total volume in DeFi is currently 4.31 billion, 7.94% of the total crypto market 24-hour volume. The volume of all stablecoins is now $49.85 billion, which is 91.78% of the total crypto market 24-hour volume.
2023-03-24T13:37:18+05:30


On the technical charts, the 200-day moving average of the stock stood at Rs 493.3.
2023-03-24T13:33:33+05:30