In a significant move aimed at streamlining the exit process for certain Public Sector Undertakings (PSUs), the Securities and Exchange Board of India (Sebi) on Wednesday introduced special measures to facilitate their voluntary delisting. The reforms were approved in the 210th Sebi board meeting and apply to PSUs—excluding banks, NBFCs, and insurance firms—where the Government … Read more
Shreyash Devalkar, Fund Manager, Axis Mutual Fund, says the market has matured, making broad investment themes less effective. Narrow themes are also challenging due to market awareness. Public Sector Undertakings or PSUs have performed well, but thematic investing may not be wise now. Individual stock selection within PSUs, such as banks or capital goods, is … Read more
Mutual fund investment: In the year 2024, sectoral and thematic funds have emerged as the focal point in the investment landscape, capturing 42% of the total active mutual fund inflows. This surge in interest is primarily driven by domestic investors, notably retail investors, who are displaying a significant penchant for sectoral and thematic funds. As of … Read more