admin ICICI Prudential managed Bharat 22 – Exchange Traded Fund (Bharat 22 ETF) seeks to mobilise upto Rs 6000 crore through a further fund offer. The FFO is part of the Government of India’s overall disinvestment program, announced earlier by the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, using the ETF route. … Read more
ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund are launching thematic funds investing in health care and allied sectors. The domestic health care sector is the flavor of the season as stocks underperformed broader indices bringing valuations down to relatively more attractive levels, while the sector also reflects a play on the demographics and … Read more
It’s football season. Matches are won if you play hard and score goals. Likewise, in any area of your life, goals are important – especially in getting rich. Like you can’t win a football match if you don’t score goals, you can’t win in the game of personal wealth creation, if you don’t set financial … Read more
Debt fund investing is a no-brainer. You must invest in debt to cut overall portfolio risk. But right now debt fund investments is all about WHERE you put your money to work i.e in which specific debt fund category you want to make investments. You cannot invest in any and all debt funds. You have … Read more
Investing in the stock market can be challenging sometimes, because the market can be so volatile. You have witnessed many red flags these past few months. Imposition of new taxes, rising yields, lower profit growth, auditor resignations, margin increases and so on. We have seen about two-thirds of the market take a spin. It’s certainly … Read more
It’s always prudent to stay on top of the latest advances in the market. Knowing when to invest, where to put your money and how long to keep it there, isn’t just a skill. You have to follow trends in the market to get it right. Although your target should be long-term, a short-term re-direction … Read more
Over the last few years, SIP investments have ballooned as people from all walks and corners have started to invest through SIPs. From Rs 3122 crore worth of SIPs in mutual funds in April 2016, the fund industry has witnessed an inflow of Rs 6,690 crore SIPs in April 2018. But as systematic investment plans … Read more
Retail bond issuances in the current financial year, FY2019 are likely to surpass their previous high of Rs 42,383 crore witnessed in FY2014. Much of this is expected to come from the Non-Banking Finance companies (NBFC)’s which have typically accounted for ~40% of the retail bond issuances during the FY2011-18 period; the balance being accounted … Read more
In a first in the country, HDFC Bank launched its Digital Loans against Mutual Funds (LAMF), in partnership with transfer agent CAMS. Customers can now pledge mutual fund assets online and get overdraft limit set in their account in under 3 minutes. They can now avail of this product through the HDFC Bank website in … Read more
Treatment of home-buyers at par with the financial creditors during the insolvency proceedings of bankrupt real estate developers is a positive to shore up the confidence for home buyers and the real estate sector over the medium to long term. The Cabinet, on May 23, 2018, has approved amendments to the Insolvency and Bankruptcy Code … Read more