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As per SEBI's guidelines, 101st to 250th stocks by market capitalization are classified as midcap stocks. Market capitalization of a company is the share price of the company multiplied by the total number of shares outstanding. Midcap stockshave more growth potential than large cap stocks (top 100 companies by market...

Axis ESG Equity Fund was launched in February 2020. The scheme is managed by Mr Jinesh Gopani and Mr Hitesh Das, and has Rs 1963 crores of assets under management (AUM) as on 31st July 2021 (source: Axis MF July 2001 fund factsheet). The expense ratio of the scheme is 2.12%. The scheme benchmark...

BSE Sensex Index is the benchmark index that tracks the performance of portfolio of 30 blue-chip companies. It includes 30 largest companies by market capitalization in the Bombay Stock Exchange. Sensex along with the Nifty 50, are the two leading market indices in India. They are considered to be the barometers of the entire...

In this two-part blog series, we are discussing how you can select the right hybrid fund based on your specific needs. In the first part of the post, we had discussed that before selecting a fund, you should clearly define your specific investment needs i.e. financial goal, risk appetite, risk tolerance, investment horizon...

There are three broad types of mutual fund schemes – equity, debt and hybrid. Equity funds invest primarily in equity and equity related securities. Their primary investment objective is capital appreciation. Equity, as an asset class, is subject to market risks. You need to have high risk appetite and long investment...

Systematic Withdrawal Plan (SWP) is a mutual funds facility using which you can draw fixed amounts from your mutual fund investment at regular intervals (e.g. monthly, any other interval as specified by the AMC). SWP works by redeeming the required number of units at prevailing NAVs to meet your SWP cash-flows. The SWP will...

Investment cycles are inevitable in equity markets. Prices go up in bull markets, come down in bear markets and again go up; this cycle continues. You should sell equity (shift to other asset class) when market is high and buy equity (shift from other asset classes) when market is low. This idea is encapsulated in the age-old...

15th August is a day of pride for all Indians. On this day in 1947 we gained our much cherished independence from colonial rule. Fruits of freedom are sweet but it requires hard work and sacrifices. India's independence came after a very long period of struggle and sacrifice by several generations of Indians. In this blog post, will...

Multi asset allocation is diversifying your invests across at least three asset classes e.g. equity, fixed income, gold, REITs, InvITs etc. Multi asset funds are hybrid mutual fund schemes which invest in at least three asset classes primarily equity, fixed income and gold. Different asset classes have different risk / return...

Asset classes refer to categories of investments that have the same fundamental characteristics. The four common asset classes are equity, debt, gold and real estate. Equity and debt are financial assets. Gold and real estate can be in form of physical assets (e.g. gold jewellery, gold bars,residential or...