SEBI has cancelled the certificate of registration of Daiwa Mutual Fund
Daiwa Mutual Fund announces change in investor relations officer, with effect from October 01, 2013
Takashi Yamaguchi will be designated as the Chief Executive Officer of the AMC effective from July 1, 2013
SBI Mutual Fund has agreed to acquire Daiwa Mutual Fund
Daiwa Mutual Fund has announced the change in fund manager of Fixed Income Schemes with effect from April 19, 2013.
The mutual fund sector has mixed feelings about Budget 2013. While some of them are happy with the liberalisation to the Rajiv Gandhi Equity Savings Scheme (RGESS), others are shocked with the move of hiking Dividend Distribution Tax (DDT) for debt funds. CNBC-TV18‘s Mitra Joshi and Farah Bookwala report.
David Pezarkar, head-equity of Daiwa Mutual Fund says, the IIP numbers have been a disappointment. He is positive on pharmaceutical and the textile sector.
David Pezarkar, Head - Equity, Daiwa Mutual Fund is overweight on IT space.
David Pezarkar, Head - Equity, Daiwa Mutual Fund is neutral on FMCG space.
Head of Equity at Daiwa Mutual Fund David Pezarkar expects to see strong results from autos, banks and FMCG companies this earnings season.
In an interview to CNBC-TV18, David Pezarkar, head - Equity, Daiwa Mutual Fund says that the global markets are some sort of consolidating now.
The market has witnessed a strong since the beginning of 2012. David Pezarkar of Daiwa Mutual Fund says, after the recent run-up, he will be cautious. “Since we have had such a sharp rally, I would think that the market needs to consolidate just a little bit before making its next move,” he adds.
The experts are getting wary now. After the recent run up, they are expecting the market to take a breather and consolidate, if not correct.
In an interview with CNBC-TV18, David Pezarkar, head of equity at Daiwa Mutual Fund, spoke about his reading of the market and the road ahead.
Speaking to CNBC-TV18, the head of equities at Daiwa Mutual Fund, David Pezarkar says that autos and defensives like pharma and telecom are the best place to deploy funds.
Speaking to CNBC-TV18, David Pezarkar, the head of equity at Daiwa Mutual Fund says that the market is going to experience some pain is going to persist for another three to six months.
David Pezarkar, Head - Equity, Daiwa Mutual Fund shares his view on FMCG space
David Pezarkar, Head - Equity, Daiwa Mutual Fund shares his view on banks
Greece has returned to haunt investors yet again. The country's call for a referendum on the bailout package spooked global markets, and India was no different—the Nifty tumbled over a percent to close at 5,260 while the Sensex gave up over 220 points to end the session at 17,480.
David Pezarkar of Daiwa Mutual Fund feels investors are taking on more of a risk-on kind of a trade wherein there were too many of the negatives getting already priced in.
David Pezarkar, Daiwa Mutual Fund shares his view on IT space.
David Pezarkar, Head - Equity, Daiwa Mutual Fund feels investors can prefer to play safe with leaders in banks in this kind of situation.
David Pezarkar, Head - Equity, Daiwa Mutual Fund is positive on textile space.
Avoid metal stocks at current level, says David Pezarkar, Head-Equity, Daiwa Mutual Fund.
FMCG and pharma safe bet, says David Pezarkar, Head-Equity, Daiwa Mutual Fund.