The angel tax regime was originally started in 2012 as an anti-abuse measure to prevent money laundering. It mandated that a startup’s fundraise could be taxed whenever the funding round happened at a valuation more than the fair value of shares – as determined by a merchant banker
At stake is how best to invest in the potential of Artificial Intelligence (AI), which took a leap forward in November when Microsoft-backed OpenAI released its ChatGPT bot, without buying into a bubble.
The Reserve Bank of India started raining interest rates (repo rate) in May 2022. Since then, it has hiked the repo rate 250 basis points. Accrual funds benefitted from the rate hike cycle while, duration funds have been a mixed bag. Here, we analyse how debt funds responded to the rate hikes
A recent SEBI consultation paper quotes an internal study it conducted, which showed a wide range of underperformance by mutual fund schemes versus their benchmarks. That’s what led SEBI to propose performance-linked fee. A Moneycontrol analysis made a similar finding. Just 47 percent of the schemes (regular plans) have outperformed their benchmark indices over the past 10 years
The HDFC Defence Fund’s benchmark is the Nifty India Defence Index, which has 13 defence and allied sector stocks from the large, mid, small and micro-cap segments. Some of them may be part of the scheme’s portfolio
The past year has not been good for the Information Technology (IT) sector due to the fall in the US technology sector. But many mid-cap and small-cap IT stocks are now available at reasonable valuations after corrections. That has given an opportunity to fund managers to buy some of these stocks on the cheap.
Smallcap funds mostly prefer bottom-up approach while constructing their portfolio. However, the category consolidated data showcases the sectors that are having emerging companies with promising prospects.
The compulsory lock-in provides leeway to children-oriented mutual funds to buy quality small-cap stocks and hold them for the long term.
Besides debt, commodities, and REITs & InvITs, multi-asset allocation mutual funds mainly invest in equities from different market capitalisation categories. They held about 13 percent of their equity portion in midcap stocks
Girish Ganaraj, a Mumbai-based mutual fund distributor, recommends a diversified investment portfolio as per financial goals and risk appetite. In the growing trend of following influencers for investing, he advises not to seek quick fixes through them.
Debt funds go through volatile phases when interest rates oscillate. Consequently, returns also fluctuate. Investments held for the long term help manage rate risk and ensure consistent higher returns
A Moneycontrol analysis shows that 5-year SIP return calculated for MC30 debt schemes outperformed the FD rates for the respective period 60 percent of the time
From opting for higher pension to strengthening the conduct of investment advisers and research analysts, and e-wallets to comply with KYC norms for investing in mutual funds to SBI card reducing benefits to credit cardholders, a lot is happening. Here’s what to watch out for in May.
According to the report, Climate-tech, Fintech and SaaS will be the hottest sectors to invest in 2023, even as the funding slowdown from 2022 is expected to persist.
If you are about five to seven years away from retirement, moving a portion of the investment from risky assets to aggressive hybrid funds can not only help generate returns but also guard against erosion of accumulated corpus
Nanocap stocks are very risky bets. They are potential multibaggers if they are picked with care and backed by good research
Starting 2021, only gold hallmarked by BIS laboratories can be sold in 288 districts in India. From April 1, 2023, the 6-mark HUID, too, has been made compulsory but even if your old gold is not hallmarked, stores will still accept it
From corporate and bank FDs to bonds and mutual funds, high interest rates currently prevailing in the economy provide ample opportunity to earn high returns by taking nil to a little bit of risk. Still, some due diligence is required. So, choose your options wisely
Many quality largecap stocks from the Nifty Next 50 index corrected significantly and are available now at reasonable valuation. Active fund managers use Nifty Next50 index to pick out tomorrow’s winners
Why MC30 recommends only 3-debt categories?
Microcap stocks are quite risky but potential multibaggers if they are picked with care and backed by good research