A strong rally in the equity markets witnessed the Nifty 50 index crossing the historic 20,000 levels in September 2023. Since mid-September, we saw investors booking profits and the Nifty correcting nearly 700 points (as on October 20, 2023) from its historic all-time high. Since then the market has recovered...Read More
Indian equity market saw a fantastic rally over the past 12 months. The rally in the last 6 months was quite spectacular (as can be seen in the Nifty 50 chart below); in the last 6 months the Nifty gave over 17% returns...Read More
The services sector is one of the most important sectors of the Indian economy. The services sector accounts for 56% of the India’s GDP. Services sector is also the fastest growing sector of the Indian economy from the mid-80s onwards. Rising per capita income, growth in social mobility and increasing urbanization has contributed to growth...Read More
The Principal Growth Fund has given excellent returns in the last three years after a superb turnaround in performance. This diversified equity fund was underperforming for many years but a major portfolio...Read More
Over the past few days 8,200 was a resistance for the Nifty, but that resistance level has been broken and as I write this post, Nifty is trading above 8,200. This level was last seen in October 2015. Those of us, who remained bullish through these months...Read More
FY 2021-22 was a great year for Indian equities. The Nifty 50 TRI gave 19% return in the last 12 months ending 31st March 2022. However, equities have been facing headwinds over the last several months. Even though the economy is on the recovery path from COVID-19 shock, high commodity prices and...Read More
Principal Multicap Growth fund invests in large, mid and small sized companies which are fundamentally strong with characteristics like superior management quality, distinct and sustainable competitive advantage, good prospects to grow revenues and profits in the future and financial strength. One of the main advantages of investing in... Read More
Equity market has been volatile for the last 15 months. Though the market recovered from March 2025 lows, market continued to be volatile due to uncertainty about tariffs, geo-political tensions, escalating global trade conflicts, depreciating INR and continuing FII sell offs. Market recovered strongly after US and India reached...Read More
Healthcare as a theme has tremendous growth potential and includes businesses in diagnostics, hospitals, medical equipment, specialty chemicals, insurance, and other allied sub sectors. Investment into healthcare themed funds allows investors to participate in the growth potential of this...Read More
India is largely a domestic consumption driven economy and as per Economic Survey 2023-24, India’s private final consumption expenditure (at constant 2011-12 prices) is 55.80% of the GDP. With the latest rollouts in the Union Budget 2025, domestic consumption is expected to play a pivotal role in India’s economic...Read More