Blue chip stocks are very large corporations with strong nationwide or even global reputations. Based on market capitalization, they are the largest of the large cap stocks (100 largest companies by market capitalization). Though there is no regulatory guidance on what constitutes a blue chip stock, many...Read More
Balanced Advantage Funds, also known as Dynamic Asset Allocation Funds, are hybrid mutual funds which manage their asset allocation dynamically between equity and debt. The asset allocation will change depending on market conditions using quantitative asset allocation models. This is the un-hedged...Read More
HDFC Flexicap Fund, erstwhile HDFC Equity Fund, has a wealth creation track record of over 28 years. The fund was launched in 1995 and is among the oldest diversified equity funds in India. Rs 10,000 invested in the fund at the time of its inception would have grown to more than Rs 13 lakhs as on 31st July 2023...Read More
On 15th August 2023, we will celebrate the 76th anniversary of our Independence. This is a day of great pride for all Indians. For the last 76 years, India as a nation has made great progress. India’s share of global GDP (in PPP terms) was just 3.8% just after Independence. Today India is the 5th largest...Read More
When it comes to index funds, most investors usually think about Nifty 50 Index funds or Nifty Index Funds. There are several reasons why Nifty Index Funds are popular. The Nifty 50 Index is also known as the barometer of the stock market in India. The index comprises the largest 50 companies by market...Read More
Our Independence Day, 15th August is a day of immense pride for all Indians. India’s independence set her on a path of progress. Today India is the 5th largest economy of the world and one of the fastest growing major economies of the world. According to IMF forecasts India’s GDP growth rate in CY 2023 will be...Read More
Nippon India Mutual Fund has launched a new fund offer, Nippon India Innovation Fund. Nippon India Innovation Fund is a thematic equity fund. The NFO has opened for subscription on 9th August and will close on 23th August 2023. The minimum application amount is Rs 500. Investing in Innovation theme, which...Read More
Passive funds invest in a basket of securities replicating a market benchmark index. The weights of securities in the fund mirror the weights of the constituents in the index. Unlike actively managed mutual funds, passive funds do not aim to beat the market. There are two types of passive funds – exchange-traded funds...Read More
How do you select mutual fund schemes for your investments? Most investors only check past performance. While returns are an important consideration for investing in mutual funds, there are other important factors you need to keep in mind to achieve your investment objectives. In this article, we will discuss...Read More
Domestic consumption is one of the most important divers of India’s Gross Domestic Product (GDP). India’s final consumption expenditure is 71% of India’s GDP (source: World Bank, 2022). Since liberalization India’s consumption expenditure has grown rapidly along with the growth in our GDP (see the chart below). In CY...Read More