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Source: Live Mint Now, that might sound like a lot, but let’s put it into perspective. India’s average savings rate is roughly 20%, which translates to about $500 billion saved annually. So, compared to the annual savings, the mutual fund AUM wasn’t as hefty as one might think. This indicated a significant growth opportunity. The…
Source: Business Standard Illustration by Binay Sinha 5 min read Last Updated : Oct 16 2024 | 2:53 PM IST Shares of capital market-related sectors like asset management companies (AMCs) and broking firms are on a roll as they rallied up to 15 per cent on the BSE in Wednesday’s intra-day trade in otherwise…
Source: Live Mint Brokerage house Motilal Oswal Private Wealth (MOPW) recently addressed the emerging risks in the Indian equity market, driven by global geopolitical tensions and the high valuations of domestic stocks. Rising crude oil prices, bond yields, and inflation concerns have intensified market volatility. Despite these challenges, MOPW believes that sustained domestic inflows and…
Source: Business Standard 4 min read Last Updated : Oct 09 2024 | 1:19 PM IST A correction in the Indian stock market was long overdue, and the escalation in Iran-Israel war, coupled with surging oil prices, only provided an external trigger, says NIMESH CHANDAN, chief investment officer (CIO) at Bajaj Finserv AMC. …
Source: Live Mint No one wants to be that “dumb” investor to invest right at the top, see a substantial decline, and then be told: “Of course, the market was set for a crash. Didn’t you see all the signs?” So, we wait some more. The solution is not having the perfect foresight about what…
Source: Business Standard 4 min read Last Updated : Oct 01 2024 | 1:11 PM IST Shares of IIFL Securities hit a new high of Rs 372, having rallied 8 per cent on the BSE on Tuesday’s intra-day trade amid heavy volumes in an otherwise subdued market on expectations of strong earnings growth. Since April,…
Source: Live Mint Domestic brokerage house Centrum Broking has initiated coverage on the wealth management industry with two reduced calls on – 360 One WAM and Nuvama Wealth. The brokerage has a target price of ₹1,050 for 360 One, implying a downside of around 3 per cent, whereas for Nuvama, it has a target of…
Source: Business Standard 4 min read Last Updated : Sep 17 2024 | 8:50 AM IST The Canara Robeco Consumer Trends Fund, launched in September 2009, has demonstrated remarkable performance over the past 15 years. A monthly SIP of Rs. 10,000 invested in the fund has grown to Rs 84.81 lakh, delivering an annualized…
Source: Live Mint If you are planning to invest in a mutual fund scheme, it is recommended to first compare the returns it delivered with those of its peers in the past few years. And if you are told that the returns rolled out by one scheme could have made you richer by ₹one crore…
