MUTUAL FUNDS

india blooms, global recession

India blooms – Global recession looms

Markets have been volatile between 17400 to 18100 levels. Globally high inflation, energy crisis in Europe & fears of recession are indicating to some tough times ahead. The dollar index has gone up to a two decade high of 110.  Prices of crude among other metals & mining commodities are on a downward trend due …

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FII buying indian markets

FIIs back in action in India

Markets bounced back sharply over the last month by over 10% to 17900 NIFTY levels. Lower 10 year g-sec rates & inflation globally have eased nerves to some extent. Given the lower inflation print we expect rate hikes to slow down over next 3 months. Prices of crude among other metals & mining commodities declined …

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Section 54F

Want to buy a house by redeeming mutual fund investments?

Are you planning to buy a residential flat by investing the redemption proceeds of mutual fund investment? Will you be able to claim capital gain exemption if you reinvest the redemption proceeds for buying the second residential flat or claim the benefits a second time ? Well the answer is –  Section 54F of Income …

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Inflation global

Global Inflation drives G-Sec yields

Markets have been range bound over the last month as inflation increased leading to increase in 10 year G-sec rates globally. NIFTY & SENSEX were up 19.4% & 17.5% in FY 22. This move has largely been driven by DIIs due to strong inflows into mutual funds which offset strong FII outflows over last year. …

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Ukraine Russia

Russia shoots down Ukraine & markets

Markets corrected over the last month due to the Ukraine Russia conflict which has been going on for over a fortnight now. We expect markets to remain volatile till we have a resolution in place. Going ahead inflation remains the primary concern as crude is above $100/bbl. Corporate earnings need to improve in subsequent quarters …

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stock markets

Stock markets hit new highs

As the economy gradually opens up we are witnessing better economic data, stock markets are hitting all-time highs. There has been a gradual decline in daily COVID cases over the last few months. We have also seen steady progress in terms of vaccines by different countries as vaccines have already been launched in the UK, …

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SAMVAT 2077

SAMVAT 2077- Waiting for a new beginning

SAMVAT 2076, though looked good for markets, was a bad year for all of us due to a black swan event – the COVID pandemic. NIFTY is up ~5% yoy since last Diwali. In between though there was a sharp fall in markets by ~35% in March 2020 and there was complete lockdown in economic …

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Additional Tier 1 Capital

Additional Tier 1 Capital in Indian Banks

As part of the restructuring plan for Yes Bank, the RBI announced that the instruments qualifying as additional tier-1 capital (AT1), issued by Yes Bank under Basel-III framework, shall stand written down permanently, in full, with effect from the appointed date. This is for the first time in the history of the Indian banking sector …

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Financial steps 2020

Financial steps to take in 2020

The start of a new year is generally a good time to make some solid resolutions to manage your finances. While you need not take any giant leaps, you must start 2020 with some simple financial steps to manage your money well. These go a long way to inculcate financial discipline in your life & …

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accrual funds

Accrual funds: a great contrarian bet

The widening spread between accrual funds’ YTM and repo rate offer an attractive entry at the moment. Based on valuations, sentiments and industry flows, accrual schemes make a good buy at this juncture. Historically we have seen that whenever the spread between YTM and repo rate has been high, accrual schemes have given good risk-adjusted returns …

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