BUSINESS
Capital gains structure unchanged, no relief on debt taxation in interim Budget
Taxation experts were hoping that the government in Interim Budget 2024 would rationalize and streamline the capital gains structure, which is different for different assets such as equity, debt and real estate.
BUDGET
Will the Interim Budget 2024 give relief to debt mutual fund schemes?
The Finance Bill 2023 amendment had suddenly removed the capital gains tax and indexation benefits on debt mutual fund schemes. Experts say that that impacted the appeal of debt funds to an extent and wish for a roll-back
BUSINESS
RBI action against Paytm: What would be mutual fund managers’ reaction?
Paytm is not among heavily-owned stocks by mutual funds in India as 23 fund houses via 69 schemes have invested Rs 1,995 crore in the company. Paytm’s average market-cap was Rs 53,327 crore during the June to December period.
BUSINESS
How HNI investors are navigating the current volatile market | Simply Save
Roopali Prabhu, Chief Investment Officer and Head of Products & Solutions at Sanctum Wealth, throws light on how HNI investors are positioning their portfolios given the higher interest rates and the secular rally in the equity markets over the past three years.
BUSINESS
Budget 2024: Will the government rationalise capital gains taxes?
For capital gains tax, the holding period may differ from 12 months to 36 months, while the tax rate may range from 10 percent to a nominal tax rate.
BUSINESS
ICICI Prudential MF launches a new value-strategy scheme. A Moneycontrol review
The ICICI Prudential Nifty50 Value 20 Index Fund is a new scheme that adds to the growing pool of passive smart beta funds. But is it any better?
BUSINESS
After a super 2023 run, equity markets turn volatility in January. Should investors redeem?
Individuals investing via SIPs shouldn't alter their approach. On the other hand, lump-sum investors might consider a cautious approach given the current market conditions. More allocation must be considered in large-cap stocks and temper your expectations.
BUSINESS
After 80% returns in one year, does CPSE ETF still make sense?
Returns in CPSE ETF have been fuelled by a stellar rally in public sector names. However, going ahead with the election year, investors would be wise to moderate their expectations and book part profits if they have seen good returns
BUSINESS
ICICI Prudential Mutual Fund shuffles fund managers at 30 schemes
Changes have been effected at prominent schemes such as ICICI Prudential Balanced Advantage, ICICI Prudential Liquid, and ICICI Prudential Multi-Asset Fund, among others.
BUSINESS
HDFC Bank shares crash: Does it show perils of benchmark hugging by equity funds?
To achieve a diversified portfolio, it's advisable to include both active and passive funds. For successful mutual fund investments, knowledge about asset allocation and market timing is essential. And the next time a bellwether stock falls on a given day, just stay invested. Keep monitoring, though.
BUSINESS
Should you look at China funds after recent rout in shares?
At the start of 2023, it was widely believed that the Chinese economy, and, by virtue, global funds that invest in China, would see a rise in their values after the country scrapped its zero-COVID policy and opened its doors. But a series of crises made headlines in China and the year ended pretty badly for it.
BUSINESS
Budget 2024 and mutual funds: Industry hopes for debt taxation relief, parity with ULIPs
In a big blow to mutual fund investors, the government in Finance Act 2023 had decided that capital gains from debt funds and certain other categories of non-equity mutual funds would be taxed at a higher rate.
BUSINESS
Explainer: Why spot bitcoin ETF approval by US SEC matters to Indian crypto investors
Crypto experts believe that bitcoin ETF in the US paves the way for similar products in traditional financial markets around the world, including India
BUSINESS
360 ONE Prime’s maiden NCD issue offers up to 9.66%; should you invest?
The NCDs offer coupons in the range of 8.21-9.66 percent per annum and are available in tenors of 18, 24, 36, and 60 months with monthly and annual interest payment options across eight series.
BUSINESS
Should investors consider arbitrage funds in their portfolio? Simply Save
Arbitrage funds received the highest net inflows among all mutual fund categories in 2023. What are arbitrage funds? How do they work? Will they continue to deliver good returns? Moneycontrol spoke to Kirtan Shah, founder of Credence Wealth Advisors, for answers.
BUSINESS
Mutual Fund AUM tops Rs 50 trillion for first time; equity inflows hold steady at Rs 16,997 crore
Inflows via systematic investment plans (SIPs) rose to Rs 17,610 crore in December against Rs 17,073 crore in November.
BUSINESS
Why Axis Mutual Fund CEO B Gopkumar is confident of its turnaround by June 2024
The MD and CEO of Axis Mutual Fund says the fund house would now like to adopt a blended style of investment, and also focus on hybrid funds
BUSINESS
What’s common between SG Mart, L&T, Filatex Fashions and Jai Balaji Industries? Big gainers on AMFI list
There were 63 debutants in the top 1,500 companies. Jio Financial debuted as a large-cap stock in 38th spot with a m-cap of Rs 1,46,441 crore.
BUSINESS
Jio Financial-BlackRock, Abira Securities file for mutual fund licence with SEBI
The Indian mutual fund industry is fiercely competitive, with 44 companies and many others eyeing entry
BUSINESS
After 15% rise, Tata Mutual Fund launches gold schemes. Is it too late?
Investors can put in a minimum amount of Rs 100 in gold and silver exchange-traded funds by Tata Mutual Fund. However, keep in mind that silver is more a tactical allocation as opposed to gold, which is more a strategic allocation for portfolio diversification.
BUSINESS
Investors should seriously tone down their expectations for 2024: Radhika Gupta
Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, suggests balanced advantage funds or aggressive hybrid funds for conservative investors. And multi-cap funds for aggressive investors.
BUSINESS
Mutual fund industry assets top Rs 50 trillion landmark: what helped achieve this number?
Steady and increasing inflows in mutual funds through systematic investment plans have led to retail investors incrementally allotting more of their corpuses in mutual funds.
BUSINESS
When Edelweiss MF’s Radhika Gupta helped start SIPs on the sets of Shark Tank India 3
Gupta also learnt about the wide range of businesses and consumers in tier I, II and III cities of India today, picked up insights on brand-building and social media presence, and had fun.
BUSINESS
Mutual Funds Year-end Special 2023: 5 things that impacted how you invested in 2023
Year-ender 2023: From mid and small-cap funds burning the charts, to new mutual fund houses entering the industry, 2023 benefited the disciplined investor.
