Most experts are not pinning hopes on the budget as the market is spiraling. In an interview to CNBC-TV18, Rajiv Anand, CEO, Axis Mutual Fund said that expectations from the budget are fairly muted, as they have been over the last few years.
HDFC Mutual Fund has announced dividends in HDFC Growth Fund and HDFC Capital Builder Fund, for which the record date is February 24, 2011.
ICICI Prudential Dynamic Plan has announced a dividend, for which the record date is February 25, 2011.
Equity diversified NAVs closed lower with advance:decline ratio of 5:252 as the benchmark Nifty snapped a five-day winning streak on Friday and closed below the 5500-mark, dragged down by profit booking in oil & gas, Anil Dhirubhai Ambani Group (ADAG) stocks, infrastructure, telecom, metal and financial companies' shares.
Equity diversified NAVs ended higher with advance:decline ratio of 249:1 as the Indian equity benchmarks gained strength in the second half of trade on Thursday - after witnessing consolidation since Tuesday - to close at three-week highs, especially triggered by easing food inflation in the month of February.
Mutual fund houses have a big reason to smile right now! With interest rates rising and volatility in the markets, demand for fixed maturity plans (FMPs) has surged. CNBC-TV18's Mitra Joshi and Vidhi Godiawala report.
SBI Mutual Fund has launch SBI Capital Protection Oriented Fund Series II, which is expected to appeal to investors with low to medium risk appetite given the volatile and uncertain equity markets, HNIs in the highest tax bracket, as also Provident Funds and Trusts looking to invest in equity markets, but requiring capital protection as well.
Alluring investors with numbers that make their offer look attractive is the one trick that marketing gurus love to play. Understanding these numbers is important since they impact your financial decisions – your investments, income, expenses, and borrowings.
Equity diversified NAVs ended higher with advance:decline ratio of 140:90 as the Indian equity benchmarks continued consolidating for another session to close on a flat note despite positive global cues.
Long-term investors will struggle to make money in industrial metals while government bonds and high-quality equities are a sound bet in 2011, the manager of the HSBC Absolute Return Fund said.
Sundaram Mutual Fund launches Sundaram Capital Protection Oriented Fund Series 2 – 5 Years, a close ended capital protection oriented scheme with the objective to seek income and minimise risk of capital loss by investing in a portfolio of fixed income securities.
UTI Equity Tax Savings Plan has announced a dividend, for which the record date is on February 21, 2011.
Sundaram Financial Services Opportunities has announced a dividend, for which the record date is on February 18, 2011.
First and foremost a common man aspires a roof on his head, but thanks to soaring prices and recent change in lending norms it is becoming increasingly difficult for a common man to afford a house.
Equity diversified NAVs ended higher with advance:decline ratio of 186:43 as the Indian equity benchmarks maintained its uptrend for third consecutive session. Oil & gas, financial, telecom, Anil Dhirubhai Ambani Group, cement and power companies' shares led the support.
Baroda Pioneer ELSS 96 has announced a dividend, for which the record date is on February 18, 2011.
ICICI Prudential Tax Plan has announced a dividend, for which the record date is on February 18, 2011.
In an interview with CNBC-TV18 IV Subramanium, director of Qauntum AMC gave his reading about the market valutions his sectoral pick and stocks.
Commenting on the pros and cons of the NFO, Sundeep Sikka of Reliance MF said, this is the most cost efficient way of investing from the investment point of view. "There will be no extra cost from investor point of view," he added.
While a common man still looks at the budget with lot of expectations, the Union Budget has increasingly resembled an accounting budget. This is because as the finance ministers have cut income tax slabs and rates over the years, there is lesser and lesser scope to do lower it further.
Pumped up by a 2-day rally, Indian markets are once again looking attractive to investors and experts. All eyes are waiting to see how much the markets can move ahead in the run up to the budget given the kind of damage it has witnessed in the start of the year.
Equity diversified NAVs ended strong with advance:decline ratio of 252:2 as the Indian equities rallied sharply on Monday following the continuation of Friday's uptrend, particularly after getting slaughtered in the previous few sessions.
Reliance Mutual Fund launches Reliance Gold Savings Fund, an open ended fund of fund scheme that seek to provide returns that closely correspond to returns provided by Reliance Gold Exchange Traded Fund (RGETF).
HDFC Mutual Fund has increased its weightage in the oil & gas, metals & mining and banking & financial services sectors, while slashed its exposure in the pharmaceuticals, engineering & capital goods and cement & construction space.
Canara Robeco MF launches Canara Robeco Gilt Advantage Fund, that aims to generate returns commensurate with low credit risk by predominantly investing in the portfolio comprising of Short to medium term Government securities guaranteed by Central and State Government with a weighted average portfolio duration not exceeding 3 years.