BUSINESS
The relevance of Information Ratio in selecting active equity funds
In simpler terms, it is alpha divided by the standard deviation or measure of variability of alpha; it tells investors how much additional return they are receiving for the extra risk taken by deviating from the benchmark.
BUSINESS
Budget signals prioritisation of consumption in next couple of years, says Aashish Somaiyaa
A new income tax bill to be introduced next week which will reduce the tax code by 50% and make it simpler and easier for everyone to understand and implement is another welcome move.
BUSINESS
Workman-like and pragmatic Budget 2022 prioritises growth
Ample emphasis on improving logistics efficiency and ease of doing business apart from the thrust on capex is likely to provide support to the sharp rebound in growth post the COVID pandemic
BUSINESS
Why is there a gold rush for new mutual fund licences?
At a total industry level, large AMCs have lost market share and the so-called smaller fund houses have gained at their expense
BUSINESS
Happy Birthday Warren Buffett: All investing is value investing with different drivers to realise value
Fitting today’s market opportunities into the value-investing framework of the 1950s or even 1990s might result in passing up many opportunities or chasing possibly a counterfeit dollar bill lying on the road which you thought the market didn’t see
