The recent sharp decline in mid and small-cap stocks is making many rethink their investment in smallcap funds. Small-cap stocks have been particularly hard hit during the recent market correction, with the BSE Smallcap index dropping by more than 22% since reaching its all-time high on December 12. This has also negatively impacted the performance … Read more
In the current volatile market, as investors contemplate pausing their Systematic Investment Plans (SIPs) in small-cap and mid-cap funds, mutual fund experts are recommending flexicap funds. Investors often choose flexicap funds due to their dynamic approach, which allows fund managers to adjust asset allocation among large, mid, and small-cap stocks according to market conditions. This … Read more
Mobile wallets are gradually gaining popularity in India and it is projected that the digital payment mode will cross traditional methods like cash and cards in the coming years. GlobalData, a leading data and analytics company, in its report, said mobile wallets and their usage is expected to grow at a compound annual growth rate … Read more
London: In recent years, the integration of artificial intelligence (AI) in the healthcare and lifesciences (HLS) industry has surged, promising transformative impacts on patient care, research, and operational efficiency. At the recently held 2024 Healthcare Information and Management Systems Society Global Health Conference and Exhibition, Microsoft announced that it will be further integrating AI in … Read more
ICICI Prudential Mutual Fund’s ICICI Prudential S&P BSE Sensex ETF, linked to the S&P BSE Sensex index, has reached the milestone of 21 years, solidifying its position as one of the largest and most longstanding ETF offerings in the market. With an AUM of Rs 4,560.71 crore (December 31, 2023), this scheme has a tracking … Read more
HDFC Flexi Cap Fund, an open-ended dynamic equity scheme investing across large-, mid- and small-cap stocks, has successfully completed 29 years of operation in 2024. Over the past 29 years, the fund has delivered a compound annual growth rate (CAGR) of 18.87%. Further, an SIP of Rs 10,000 invested since inception systematically on the first … Read more
Mutual Fund systematic investment plans (SIPs) can empower retail investors in numerous ways. These instruments democratise investment opportunities, ensuring even small investors can build a substantial portfolio over time. Capital appreciation, disciplined goal-based savings, risk management, affordability, and ease of investing are pivotal elements that empower retail investors through SIPs. 1) Investing small amounts: … Read more
Over the past few years, India’s mutual fund industry has experienced an impressive upsurge in investor engagement. There has been a substantial increase in the industry’s total assets under management (AUM), with a continuous influx of new investors joining in. On Wednesday, at the Business Today 500 Wealth Creator Summit in Mumbai, a high-powered panel … Read more
“So not major challenges we see from earnings growth perspective given the fact that most of the bigger sectors, especially banking are sort of firing all cylinders,” says Pankaj Pandey, Head Research, ICICIdirect.com.While everything is looking good, Nifty is up 10% from the recent low, Bank Nifty double digit gains. Are you a bit surprised … Read more
Rising domestic and external headwinds will more than halve the GDP growth to 4-4.5 per cent in the second half of FY2023, shaving off the better numbers in the first half, India Ratings said in its report on Tuesday. The agency, however, did not offer a full-year forecast. The Indian economy grew 9.7 per cent … Read more