In next 40-50 days, investors can use the current weakness to rejig portfolios. Consumption theme, S Krishna Kumar, CIO – Equity, Sundaram Mutual Fund said, continues to take the center stage.
02 Dec 2016, 6.19 pm | Source: CNBC-TV18
The fund is still upbeat on IT and pharma sector even though IT space is still not out of woods but it is likely to be sector that would report profitability going forward. The house is already overweight on pharma, said V Srivats...
02 Dec 2016, 12.47 pm | Source: CNBC-TV18
The rupee is expected to see further depreciation in the coming months against the US dollar, although the depreciation will not be too steep, says Manish Gunwani, Deputy CIO, ICICI Prudential Mutual Fund.
01 Dec 2016, 3.21 pm | Source: Moneycontrol.com
Birla Sun Life Equity Fund announces dividend, the record date for declaration of dividend is November 30, 2016
01 Dec 2016, 11.24 am | Source: Moneycontrol.com
The currency ban is likely to dent the corporate earnings growth for the next 2 quarters and investors will only be able to witness a pickup in earnings from Jul-Sep onwards, says Ravi Gopalakrishnan, Head Equities, Canara Robeco ...
28 Nov 2016, 3.31 pm | Source: Moneycontrol.com
Pradhan feels the next six months will be tough, and sentiment will remain bad as the economy gradually tilts from formal to semi-formal in the medium term
28 Nov 2016, 11.00 am | Source: CNBC-TV18
Tushar Pradhan of HSBC Global says investors should prime themselves for uncertainty immediately following the demonetisation move but adds that reform has the potential to "forever change the economy".
28 Nov 2016, 10.07 am | Source: CNBC-TV18
Nilesh Shah, MD, Kotak Mahindra AMC is confident that market will not move in a unidirectional manner but would remain volatile, adding that although he has not turned bearish on the market, he would focus more on ground realities...
28 Nov 2016, 9.40 am | Source: CNBC-TV18
In the special series Wizards Of Dalal Street, Ramesh Damani caught up with Mrinal Singh, Deputy CIO at ICICI Prudential AMC where he spoke about how he spotted Natco Pharma.
25 Nov 2016, 8.14 pm | Source: CNBC-TV18
The near-term impact of government’s demonetisation move is difficult to assess and can’t determine whether the market has hit bottom, Harsha Upadhyaya, CIO-Equity of Kotak Mutual Fund told CNBC-TV18.
25 Nov 2016, 3.13 pm | Source: CNBC-TV18
The move to withdraw high-denomination notes is expected to dent immediate consumption in the medium-term, but will have a positive impact on growth and inflation in the long run, says Kumaresh Ramakrishnan, Head-Fixed Income at D...
23 Nov 2016, 4.09 pm | Source: Moneycontrol.com
Demonetisation seems to have been factored in from a price correction perspective, says Nilesh Shah, Managing Director at Kotak Mahindra AMC. However, he quickly adds that from a time correction point of view the market still need...
23 Nov 2016, 3.55 pm | Source: CNBC-TV18
The mutual fund industry hopes to garner Rs 1 trillion out of the Rs 10 trillion which is expected to be deposited in banks post demonetisation of old notes of Rs 500 and Rs 1,000 denominations.
22 Nov 2016, 8.46 pm | Source: PTI
Demonetisation is likely to accelerate reallocation of funds from physical assets to financial assets, Leo Puri, MD of UTI MF said. This was already happening earlier due to low yields.
22 Nov 2016, 7.22 pm | Source: CNBC-TV18
Speaking to CNBC-TV18 Mahesh Patil, Co-Chief Investment Officer at Birla Sun Life said that following the demonetisation move they have been relooking their portfolio.
22 Nov 2016, 11.56 am | Source: CNBC-TV18
The current demonetisation move to freeze Rs 500 and Rs 1,000 banknotes is expected to have a beneficial impact on the formal sector in the long term, said Rajat Jain, Chief Investment Officer, Principal Mutual Fund.
22 Nov 2016, 10.08 am | Source: Moneycontrol.com
The mutual funds industry will significantly benefit from demonetisation as it may see 15-20 percent enhancement in inflows in the next 6-12 months, says Leo Puri, Managing Director at UTI Mutual Fund.
21 Nov 2016, 7.46 pm | Source: Moneycontrol.com
Here is a look at banking funds that are present and some ways in which they might be different from what one expected them to be.
21 Nov 2016, 9.24 am | Source: Moneycontrol.com
Expecting a surge in investments in financial products post demonetisation, the mutual fund industry is preparing for a huge inflow of nearly Rs 1.5 lakh crore from retail and HNI investors over the medium term.
20 Nov 2016, 11.52 am | Source: PTI
This follows an addition of over 43 lakh folios in the entire 2015-16 and 25 lakh folios in 2014-15. In the last two years, investor accounts increased mainly due to robust contribution from smaller towns.
17 Nov 2016, 3.14 pm | Source: PTI
According to an industry estimate, of the 120 crore population, merely 2 crore are investing in mutual funds currently. The industry, comprising 40 fund houses, is looking to make it to 9 crore over 3-5 years.
16 Nov 2016, 8.00 pm | Source: PTI
The government’s decision to demonetise Rs 500 and Rs 1,000 currency notes is an excellent move and will help economy significantly in the long term, says S. Naganath, President and Chief Invesment Officer, DSP BlackRock Investm...
16 Nov 2016, 6.28 pm | Source: Moneycontrol.com
The Association of Mutual Funds in India and 44-player mutual fund industry together will invest Rs 300 crore on investor education in the next 3-5 years, said CVR Rajendran, Chief Executive at AMFI today.
16 Nov 2016, 5.18 pm | Source: Moneycontrol.com
L&T Tax Advantage Fund Announces Dividend, the record date for declaration of dividend is November 18, 2016
15 Nov 2016, 11.27 am | Source: Moneycontrol.com
MFs could get an incremental Rs 50,000 crore in the next two months by way of investments from banks, which are flush with liquidity, Business Standard reported on Tuesday.
15 Nov 2016, 10.41 am | Source: Moneycontrol.com
The 41-year old Jain’s theory is based on the bet that governments in developed countries will switch to fiscal stimulus to revive their economies, since monetary stimuli by central banks have been shown to be largely ineffectiv...
15 Nov 2016, 9.10 am | Source: Moneycontrol.com
Driven by addition in equity fund folios, mutual fund (MF) houses have registered a surge of more than 36 lakh investor accounts in the first seven months of the current fiscal, taking the total tally to 5.13 crore.
14 Nov 2016, 3.40 pm | Source: PTI
To safeguard the investors' interest, the fund houses are keeping a close watch on the developments and are looking to take a collective call on the resolutions to be moved at shareholder meetings of various listed Tata firms.
13 Nov 2016, 3.12 pm | Source: PTI
With this, the total net inflow in mutual fund schemes has reached Rs 2.67 lakh crore in the April-October period of the current fiscal. MFs had witnessed an inflow of Rs 2.15 crore in the same period last year.
11 Nov 2016, 1.48 pm | Source: PTI
Driven by addition in liquid fund folios, domestic mutual industry have registered a surge of more than 7 lakh investor accounts in October, taking the total tally to 5.12 crore.
11 Nov 2016, 12.30 pm | Source: Moneycontrol.com