Is your portfolio truly diversified? Unveiling the significance of ‘factor’ diversification

Is your portfolio truly diversified? Unveiling the significance of ‘factor’ diversification

Don’t put all your eggs in one basket. We’ve all heard that. This advice stems from the unfortunate scenario where, should the basket fall, all your eggs will break. This outcome is unfortunate yet entirely preventable. The key? Put your eggs in different baskets. That way, should one basket tumble, the other eggs remain safe. … Read more

ETMarkets Fund Manager Talk: Why is this asset manager cautious on markets and recommends staggered buying?

ETMarkets Fund Manager Talk: Why is this asset manager cautious on markets and recommends staggered buying?

The gloomy global economic outlook, optimally projected earnings estimate, coupled with high quartile valuation multiples has prompted Waterfield Advisors to take a cautious stance on the Indian market. “The benchmark Nifty-50 is trading at over 20 times its 1-year forward earnings. Though this multiple appears reasonable, it is not cheap compared to other global and … Read more

If India grows @6-7%, can ITC grow 14-15%? Here’s what Sanjiv Puri has to say

If India grows @6-7%, can ITC grow 14-15%?  Here’s what Sanjiv Puri has to say

Sanjiv Puri, CMD, ITC, says the Indian economy and even rural India has been very resilient. The infrastructure that has been created, the connectivity, focus on housing and digitisation, the direct benefit transfer and stuff like free food grain distribution are some of the very important steps taken in terms of the investment in the … Read more

Improving FII inflows: Time to re-evaluate your portfolio

Improving FII inflows: Time to re-evaluate your portfolio

The attractiveness of the Indian markets is far from ebbing out. In the beginning of 2024 itself, there is another favourable development regarding the Indian markets. Bloomberg proposed to include India FAR (fully accessible route) government securities in the Bloomberg EM Local Currency Index. Quite naturally, this will ensure flows into the Indian markets. Capital … Read more

UBI targets 80% recovery by selling over Rs 1,000 cr NPAs

UBI targets 80% recovery by selling over Rs 1,000 cr NPAs

Mumbai: Union Bank of India has put on sale nonperforming assets (NPAs) worth ₹1,217 crore and the bank is looking to recover ₹1,012 crore, targeting 80% recovery on the sale of loans. The portfolio on sale comprises 16 accounts, including advances to Gammon India, Supertech Realty, Hotel Horizon, and ACCIL Corp. Prospective buyers have until … Read more

Interim Budget 2024: Top 4 stocks from budget themed portfolio scan that could give 16-20% return

Interim Budget 2024: Top 4 stocks from budget themed portfolio scan that could give 16-20% return

Ahead of the upcoming interim budget and dim markets, the stocks related to defence, automobile, packaging and insurance may gain momentum.Looking at this week’s Nifty’s performance, it has breached past three week’s low fearing a stop on its bull run. FIIs have been selling continuously for the past few days which is not considered as … Read more

Flows getting more evenly distributed between small, flexi and multi cap funds: Anthony Heredia

Flows getting more evenly distributed between small, flexi and multi cap funds:  Anthony Heredia

Anthony Heredia, MD & CEO, Mahindra Manulife, says “there is a lot of underlying belief in India’s long term potential, which gets translated into a lot of smaller companies becoming attractive. I do not expect smallcap flows to suddenly die. But I clearly see that flows getting more evenly distributed between small, flexi and multi … Read more

Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

Abhay Agarwal, Founder & Fund Manager, Piper Serica, says “outsourced manufacturing as a concept is here to stay and it will reward large players. While there is nothing wrong with branded players like Voltas or Blue Star, we would like to back very efficient, large and getting larger manufacturers like Dixon and Amber purely for … Read more

Debt funds: Why portfolio liquidity is essential for optimising profit, according to this market veteran

Debt funds: Why portfolio liquidity is essential for optimising profit, according to this market veteran

Mutual funds operate as pass-through vehicles, committed to servicing redemptions within a T+3 window regardless of market conditions. So, prioritising liquidity is crucial in your investment deliberations. Rahul Singh, Senior Fund Manager – Fixed Income of LIC Mutual Fund Asset Management Ltd, in a conversation with Money Today, speaks about the surge in inflows into … Read more

My portfolio not a zoo with all animal species: Rajeev Thakkar on missing multibaggers

My portfolio not a zoo with all animal species: Rajeev Thakkar on missing multibaggers

Dalal Street’s highly-rated fund manager Rajeev Thakkar, who manages the Rs 48,000 crore PPFAS Mutual Fund, is happy to have missed out the multibagger rally seen in a number of PSU rail and defence stocks in the last few months. “Unlike a zoo where you probably try to have two samples from each animal species, … Read more