There have been discussions recently on HDFC AMC providing ‘liquidity’ to a few Fixed Maturity Plans (FMPs) by agreeing to purchase the questionable exposure in certain Essel Group entities. This…
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Actively managed funds have underperformed benchmarks but this could soon change
In the fund management industry, there is one big difference between developed markets like USA and emerging markets like India: a clear shift from actively managed funds to passively managed…
Viewpoint| Lower Rates To Help Consumers, Hurt Depositors
The headlines would have be hitting you since noon: that the Reserve Bank (RBI) has cut rates by 25 basis points, that the Monetary Policy Committee (MPC) has changed its…
Opinion | Credit Defaults: Dark Clouds Are Still Hovering, But All Is Not Lost Yet
Ever since the car started sputtering in September 2018 with the IL&FS episode, the journey has not been smooth. Every other day, a new pothole is discovered. Some credit rating…
Viewpoint | Come 6 June, will The RBI Play Or Pause?
We are at an interesting juncture in the economy today, in the context of interest rates. Most times, the point of debate remains that stakeholders expect lower interest rates, while…
Viewpoint | Overnight Funds Get Traction; Here Is Everything The April MF Data Reveals
Mutual fund data is released by AMFI every month. However, in the current context, the market mood is ruffled due to various reasons: • Equity funds are not generating alpha…
Smart Investments! Dividend Or Growth: Which One Is Better?
People feel happy to get back money on their investments. The ‘colour’ of money is attractive. However, you need to have the right perspective, whether it is an additional income…
No Takers For Side-Pocketing Despite Series Of Credit Events
It is not far off the mark to say that side-pocketing has mostly been side-pocketed by the MF industry. Post IL&FS crisis, SEBI issued a circular on ‘creation of segregated…
Stock markets: What will be the index returns in the coming years
Recently, when the Sensex completed 40 years, there was a lot of discussion on how it has given a compound annualised growth rate (CAGR) of more than 16%. On top…
Opinion | Debt Mutual Funds: Quantum Of Loss And Solace
The dust had barely settled on the aftermath of the IL&FS default when another issue cropped up. That is, FMPs with exposure to Essel group maturing before 30 September, the…
How To allocate Investment Portfolio Via The Mutual Fund Route
Allocation in your portfolio is better done by you in consultation with your financial advisor, as you are in control of your investments. That apart, if you want to do…
Viewpoint | FMP ‘Immaturity’ And Lessons Learnt
Joydeep Sen Lots have been discussed about the lack of full maturity pay-out in FMPs of two large AMCs. One of these had exposure to IL&FS group entities that have been written…