A look at some of the value schemes in the last one to three months indicate that the category may be on its way back to form. Shvani Bazaz of ETMutualFunds.com spoke to Daylynn Pinto, Senior Fund Manager-Equity, IDFC Asset Management Company, to find out the prospects of value category.
Since our inception in 2009, the core philosophy of the investment process has been a steadfast adherence to quality. We at Axis, have always remained true to our investment strategy, says Jinesh Gopani.
Nippon India Nivesh Laksya Fund has caught the imagination of many individual investors. Many of them want to know the details of this long-term gilt fund. Most mutual fund advisors ask their clients to stay way from long-term debt funds, as these schemes are extremely sensitive to interest rate changes and one has to time the entry and exit in them to maximise returns.
"Markets always tend to look ahead. Some of the macro numbers like auto sales, cement, electricity and diesel consumption, are sequentially looking better. Lockdown is getting lifted, business are opening up."
The Demonetisation of 2016, the GST of 2017, the collapse of IL&FS of 2018 and the continued support by the political class of the real estate sector has led to a sharp slowdown in the Indian economy and a near-freeze of the banking system for over 2 years.
Economic recovery is unlikely to be quick. Investors should be clear about their capacity to save and what their goals are before they jump into the market, says I.V. Subramaniam, MD & CIO, Quantum Advisors, Director, Quantum AMC, tells ET Wealth.
PGIM India Short Maturity Fund is offering eye-popping 17% returns in the last one year. The returns are more than double the average returns offered by the short duration category. The scheme is ahead of its peers by a wide margin.