All things considered, the market appears to be around its fair valuation, hence the returns from equities will now track medium-term earnings performance, beyond the current fiscal year, says Singh.
Liquidity is expected to remain easy to support growth even though CPI inflation will remain elevated
He also said it is the ‘right time’ to look at mid caps, and even more for looking at small cap stocks as they are expected to deliver robust returns going ahead.
The fund house recommends investors to continue with their investments in mutual funds with a medium to long term horizon
Jain will handle Tata Digital India Fund, Tata Equity Savings Fund, Tata India Pharma and Healthcare Fund and Tata Resources and Energy Fund
Singh brings with him over 23 years of investment experience
Rupesh Patel will manage both schemes replacing Pradeep Gokhale
Padiyar will manage Tata Hybrid Equity Fund and Tata Large & Mid Cap Fund
The fund will follow a blend of both value and growth style of investing to suitably align the portfolio depending on the market and opportunities
The open-ended equity scheme will deploy at least 65 percent of its corpus in equities and equity-related securities of small-cap companies
The new scheme will focus on investing in stocks that trade at a discount to their intrinsic value
Abhinav Sharma has been appointed as assistant fund manager of Tata Infrastructure Fund, and Tata Offshore India Infrastructure Fund
The features of four schemes - Tata Medium Term Fund, Tata Long Term Debt Fund, Tata Ultra Short Term Fund and Tata Corporate Bond Fund will be changed, with effect from May 3
Prior to ICICI Bank, Bhobhe has also worked with Citi for for 8 years. He is likely to replace R Ganesh who quit in June 2017.
Revision in exit load will be applicable to lump-sum subscriptions, and subscriptions under SIP and STP
Nagarajan recommends investors to look at short term bond funds for investments at this point and time.
Tata Equity P/E Fund announces dividend, the record date for declaration of dividend is April 13, 2017
Tata Dynamic Bond Fund announces dividend, the record date for declaration of dividend is March 14, 2017
Tata Equity P/E Fund announces dividend, the record date for declaration of dividend is February 13, 2017
Tata Equity P/E Fund Announces dividend, the record date for declaration of dividend is October 14, 2016
Tata Equity P/E Fund Announces Dividend, the record date for declaration of dividend is August 17, 2016
Tata Equity P/E Fund Announces Dividend, the record date for declaration of dividend is August 01, 2016
Tata Balanced Fund announces dividend , the date of record is March 04, 2016
Tata Dividend Yield Fund announces dividend, the record date for dividend is January 22, 2016.
Tata Retirement Savings Fund - Conservative Plan announces change in exit load structure, with effect from January 15, 2015.