India will celebrate World Investor Week, an initiative of International Organization of Securities Commissions (IOSCO), from 9th to 15th October 2023. In India, World Investor Week is a global campaign to promote investor education and protection. IOSCO is a global association or market regulators...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

Passive funds are mutual fund schemes which track a benchmark market index. Unlike actively managed funds passive funds do not aim to beat the benchmark index. Passive investments have gained increasing popularity globally, over the last 2 decades, especially in developed markets. In the US, passive equity assets (AUM)...Read More

Mutual funds have come a very long way in India as part of household financial assets. As on 30^th April 2023, there were nearly 15 crore mutual fund folios (source: AMFI). Retail investors and high net worth individuals (HNIs) held nearly Rs 24 lakh crores of mutual funds as part of their financial assets. Systematic...Read More

Passive funds are growing in popularity all across the world especially in developed markets. In the US passive equity assets under management (AUM) has already overtaken active equity AUM (source: Financial Times, June 2022). In the next few years passive will overtake overall active AUM (including fixed income)...Read More

On 24th March 2023, the Finance Minister proposed an amendment to the Finance Bill 2023, whereby she proposed that the long term capital gains tax benefit for non equity schemes be removed. As per the provisions of Income Tax Act before this amendment, long term capital gains (holding period of 36 months or more)...Read More

The traditional paradigm of women taking care of homes and men taking care of money has changed over the last few decades with increasing participation of women in the workforce. In the early 50s, the percentage of working women in urban female population was around 12% and it rose to around 16% in 2018-19 (source: NSSO)...Read More

The Union Budget is one of the most awaited events in the calendar. The market usually has a lot of expectations from the Budget, but since 2024 will be an election year, the market only had reasonable expectations from the Budget. This was evidenced by the lack of the usual market rally leading up to the Budget. The...Read More

Asset allocation refers to diversification of your investments in more than one asset class. Asset allocation for most investors means diversifying into equity and fixed income or debt. In our blog post, How can multi asset allocation work for you?, we had discussed the benefits of diversification across 3 or more asset classes. We...Read More

2022 was a tumultuous year for global markets. We started the year with concerns regarding the highly infectious COVID variant, Omicron. As we ended 2022, COVID has reared its head again in China with a surge of cases. In 2022, we saw the first conventional war in Europe since World War 2. Russia invaded Ukraine in 2022...Read More