Union Budget 2024: India should have no capital gains tax, says Chris Wood of Jefferies 

Union Budget 2024: India should have no capital gains tax, says Chris Wood of Jefferies 

When Finance Minister Nirmala Sitharaman presents the Union budget later this month, one thing investors, taxpayers, corporates, and mutual fund houses will be keen to know will be changes in the capital gains tax structure. Currently, the capital gains tax system lacks uniformity, leading to varying tax burdens for investors based on the type of … Read more

Fund Manager Talk | Worried about valuations in bull market? Nippon CIO on what to buy

Fund Manager Talk | Worried about valuations in bull market? Nippon CIO on what to buy

With valuations of stocks related to the investment cycle and policy reforms capturing the near term potential, Sailesh Raj Bhan, CIO – Equity Investments, Nippon India Mutual Fund, suggests investors can also consider alternatives in large banks, IT and QSR.“Cyclical themes like manufacturing, industrials trade at higher premiums with high growth expectations and low room … Read more

Union Budget 2024: Capital gains tax reform features in wishlists of fund houses, experts

Union Budget 2024: Capital gains tax reform features in wishlists of fund houses, experts

When Finance Minister Nirmala Sitharaman presents the Union budget later this month, investors, taxpayers, corporates, and mutual fund houses will be hopeful for some significant tweaks in the structure of the capital gains tax, which is currently not standard.  The Capital gains tax burden experienced by investors can differ depending on the type of asset … Read more

IPO Calendar: Primary market gears up for another robust week as 3 companies look to raise Rs 2,700 cr

IPO Calendar: Primary market gears up for another robust week as 3 companies look to raise Rs 2,700 cr

The primary market is gearing up for another stellar week as three companies launch their initial public offerings (IPOs) to raise just over Rs 2,700 crore this week. The IPOs of Emcure Pharmaceuticals, in which shark tank fame Namita Thapar is the Executive Director and Bansal Wire will open for subscription next week in the … Read more

Quant MF irregularities: Should investors stop their SIPs and exit funds? Here’s what experts say

Quant MF irregularities: Should investors stop their SIPs and exit funds? Here’s what experts say

Quant Mutual Fund’s recent probe by the Securities and Exchange Board of India (Sebi) is making its investors a bit edgy.  Quant Mutual Fund, a high-growth asset management company (AMC), is one of the top fund managers with Rs 93,000 crore of assets. It was probed for its alleged front-running activity. Front-running is when an … Read more

Tech View: Nifty likely to trade in a range

Tech View: Nifty likely to trade in a range

Technical charts suggest the short-term trend of Nifty is likely to be range-bound with a weak bias. A move below the immediate support of 23,250 could indicate the beginning of a shortterm downward correction, according to technical analysts. For short-term trading, analysts recommend stocks such as SBI, IDFC First Bank, Granules, Infosys, HCL Tech, M&M … Read more

Over 81 lakh new investor accounts added in Mutual funds in Apr-May FY25

Over 81 lakh new investor accounts added in Mutual funds in Apr-May FY25

Over 81 lakh investors’ accounts have been added in the mutual funds industry. The addition was noted in the first two months of the current fiscal (FY25), and are mainly due to consistent marketing efforts, celebrity endorsements and dedicated work of the distribution network.  Trivesh D, COO of stock trading platform Tradejini, told PTI that … Read more

Were retail investors hurt by the June 4 market crash? | Data

Were retail investors hurt by the June 4 market crash? | Data

FILE PHOTO: A security guard walks past the logo of the National Stock Exchange (NSE) inside its building in Mumbai, India, May 28, 2019. | Photo Credit: FRANCIS MASCARENHAS The activity of the stock market as the general elections drew to a close has been a subject of controversy. Indian stocks hit record highs after … Read more

Bitcoin rally and ‘short memories’ reignite everything in crypto

Bitcoin rally and ‘short memories’ reignite everything in crypto

Bitcoin’s rally to near a record high is reawakening animal spirits — not just in the cryptocurrency market itself, but in the broader financial world that had left the digital asset sector for dead last year. The change of heart can be seen in the improved outlook for deal flow, highlighted by Robinhood Markets Inc.’s … Read more

ET Mutual Fund Explains: How many years will your investment take to quadruple? Use Rule 144

ET Mutual Fund Explains: How many years will your investment take to quadruple? Use Rule 144

Mutual fund investors always want to know how many years it will take to double, triple or quadruple their investments. The last rule in the list is Rule 144 which tells how many years your investments will take to quadruple.This rule is double of Rule 72, that is, two multiplied by Rule 72 is equal … Read more