Momentum index funds draw stocks from diversified indices focused on large-cap stocks and from pure mid-cap indices. But, given the criteria of stock-picking, some stocks cross the qualification threshold for more than one momentum index fund
The fund manager of quant based scheme identifies stocks using the computer-based algorithm that utilises various macro, fundamental and technical factors including volume, volatility, liquidity, value, momentum and alpha. There are seven quant based equity MF schemes available in India which are following different in-house models to build their portfolio
Nigel D'Souza of CNBC-TV18 takes us through a buzzing midcap stock, RS Software India and the six things you need to know about the company.
Sudarshan Sukhani of s2analytics.com feels that there is a sense of disappointment as we head in the next Diwali Samavat. According to him, buying now or lower should see 700-800 points of rallies.
Vivek Mavani, Vice President - Equity, Brics Securities feels that, midcap stock- any sort of price corrections or profit booking scenarios are good from an investor point of view.