In an interview with ET Wealth, Dhiraj Relli, MD and CEO, HDFC Securities talk about which sectors you can bet on now, expectations on how long the ongoing slump will continue and why trade wars are favourable for India.
Recently, actively managed large-cap mutual funds have been criticised due to their under-performance vis-a-vis passive funds. However, currently six of the top 10 large-cap MFs over one year are active funds. Should you invest in them?
Failure of the telecom entity to continue as a going concern will potentially hit several debt schemes holding roughly Rs 2,023 crore worth of Vodafone Idea debt. According to data, schemes of four asset management companies hold the paper.
It is mandatory for government pensioners to submit the life certificate (Jeevan Pramaan Patra) at the disbursing authority, usually at the bank. However, pensioners now also have an option to submit the life certificate online.
While lower cost enhances the return potential of ETFs, absence of liquidity can effectively wipe out cost benefits. So if liquidity is sufficiently high, bond ETFs may be a good first stop for those looking to move from bank fixed deposits.
"We intend to address the midcap space in a new way. We now have 3 new fund managers who we believe will be able to execute the mandates effectively. Our product basket in equity is complete," says Swarup Mohanty, MD & CEO, Mirae Asset Mutual Fund.
Although the Most Wanted Stocks' portfolio fared well in 2014 and 2015, it too has not been immune to the wild gyrations of the goings on in the equity market since then. Here is a look at how the portfolio has performed every year since its inception.
As the stock markets rose and fell over the past one year, mutual fund managers focused their attention on the quality stocks. In the sixth edition of ET Wealth's most wanted stocks, we look at seven scrips mutual fund managers were most bullish on.
"At this point, it makes sense to increase equity allocation. Typically we have seen over the years that when you invest after a downturn in the economy or market, that is when bigger returns are made,"says Manish Gunwani, Nippon India Mutual Fund .
Understanding economic indicators is the key to predicting the state and trajectory of the economy.
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