Tag: mutual funds

Roshi Jain has taken over the reins of HDFC Flexi Cap Fund, one of the largest equity-oriented schemes in India. She has made some subtle changes to the portfolio, such as reducing exposure to the energy and consumer staples sector and increasing allocations to the IT and pharmaceutical sectors. She is confident that she can continue the success of the fund under her leadership.

The Nifty 50 index crossed 20,000 on Sep 11, 2023. Half of the stocks in the index doubled in 3 years. Stocks with significant weight grew notably, but some underweight stocks gained significantly too. Top 10 underweight stocks with highest returns: Tata Motors (+340%), Apollo (+216%), JSW Steel (+186%), Hindalco (+171%), NTPC (+170%), Grasim (+158%), Adani Ports (+157%), ONGC (+150%), IndusInd Bank (+138%). Past performance is not a guarantee of future results.

Retail participation in Indian stock market decreases, but overall traded volume increases. Investors should focus on long-term investing and do their research. Here are the key points from the article: Retail participation in cash/spot segment decreases from 45% to 36.5%. This is likely due to COVID-19, market volatility, and proprietary trading. Overall market traded volume increases. Investors should focus on long-term investing and do their research.

SEBI has allowed asset management companies to launch up to 6 new ESG fund categories. These funds will invest in companies that are considered to be environmentally and socially responsible. However, some experts believe that this may confuse investors, who are already overwhelmed with the multitude of fund categories and schemes that are available. Investors should carefully consider their investment goals, risk appetite, and time horizon before investing in any ESG fund.

Mutual funds are increasingly looking to manufacturing stocks as a way to generate alpha. After years of being overlooked by fund managers, manufacturing stocks are now seen as a potential source of growth and diversification. The global manufacturing sector is expected to grow at a faster pace than the overall economy in the coming years, and manufacturing stocks are becoming more attractively valued. As a result, mutual funds are increasingly adding manufacturing stocks to their portfolios. Some of the top midcap manufacturing stocks that are being picked by mutual funds include Bharat Forge, JSW Steel, Arvind Limited, Lupin Limited, and Motherson Sumi Systems.