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      Mohit Chatterjee

       Qualification : Masters
       Total Experience : 20
       Certifications : M.B.A.(Finance)

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As per Association of Mutual Funds in India (AMFI) data as of January 2023, individual mutual fund investors have 80% of their total mutual fund allocation towards equity schemes, and only 14% of the allocation is towards debt-oriented schemes.
2023-03-21T13:04:04+05:30


Silver ETFs also have an advantage over SIlver futures which are also traded on the exchanges. The former is traded on exchanges in the form of stocks, Solanki said. Trading in silver futures and for that matter any derivative is complicated while ETFs are much simpler to understand, he added.
2023-03-21T12:53:48+05:30


Around nine fixed maturity plans (FMPs), five gilt funds, two ETFs and two fund of funds (FoF), and one ELSS and index fund scheme are open for subscription in the market.
2023-03-21T12:15:22+05:30


If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-03-21T10:32:04+05:30


For some people investment is an activity where there is a lot of action all the time. They strongly believe that to get returns one needs to actively manage their portfolio and churn appropriately, says Suresh Sadagopan.
2023-03-21T09:44:45+05:30


The NSE Nifty fell 111.65 points or 0.65% to close at 16,988.40. The BSE Sensex declined 360.95 points or 0.62% to end at 57,628.95. "It's the fear factor that the crisis in the developed market financial system will not end soon which is dragging down the market at the moment," said Siddarth Bhamre, head, research, Religare Broking.
2023-03-21T07:29:39+05:30


Puneet Pal, head - fixed income, PGIM India Mutual Fund, said he expected the US Fed to hike rates by 25 bps next week, but he pointed out the crucial aspect will be the future guidance.
2023-03-20T15:46:26+05:30


Is it the right time to invest in equity mutual funds? Why mutual fund managers/experts believe that it is great time or opportunity to invest in equity mutual funds?
2023-03-20T12:45:40+05:30


The goals cannot be vague, such as ‘I will buy a house when I have enough money’. Goals should be ‘SMART’: specific, measurable, achievable, relevant and time-bound.
2023-03-20T06:30:00+05:30


This type of fund has huge interest rate risk as any change in the interest rate will impact the price of the bonds, which will impact fund returns.
2023-03-20T06:30:00+05:30


Investing consistently is more than important than timing the markets.
2023-03-20T06:30:00+05:30


If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-03-17T16:01:41+05:30


HDFC NIFTY SDL Plus G-Sec Jun 2027 40:60 Index Fund, an open-ended target maturity scheme, will close for subscription today. The scheme will re-open for continuous sale and repurchase within five business days from the date of allotment of units under NFO.
2023-03-17T12:24:23+05:30


Equity mutual funds shuffled their holdings in banks and insurance in February as foreign investors trimmed their positions in these stocks as part of their broader sell-off in Indian equities.
2023-03-17T10:29:42+05:30


"With this fund, an investment by an Indian investor will be made in INR locally into the Bandhan US Treasury Bond 0-1 Year Fund of Fund. Our fund will in turn invest into an overseas ETF that invests in US Treasury Bonds. Being a local investment, individual remittance limits and Tax Collected at Source (TCS) requirements under the LRS facility are not applicable," Kapoor said.
2023-03-17T09:51:10+05:30


The US Treasury Bond 0-1 year Fund of Fund is an open-ended FoF that will invest in units of JPMorgan BetaBuilders US Treasury Bond 0-1 year ETF.
2023-03-17T08:33:00+05:30


Securities and Exchange Board of India (Sebi) granted recognition to AMC Repo Clearing Ltd in January last year.
2023-03-16T15:11:31+05:30


If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-03-16T13:31:47+05:30


Are the recent troubles offer a great opportunity to invest in banking schemes?
2023-03-16T11:19:53+05:30


As per the Income Tax, such mergers will not result in capital gain or loss for the merging schemes. They will be treated as a continuous investment into the next scheme.
2023-03-16T09:11:45+05:30


Target maturity funds are passively managed debt mutual funds that come with a specified maturity date and replicate the underlying index.
2023-03-15T09:53:22+05:30


The Deputy MD of SBI MF, DP Singh, says that the SVB crisis in India will have a minimal impact on the Indian economy, and that the future is bright. Singh also says that the Indian economy is doing well, and that credit is improving. He says that the decoupling of the Indian economy from the US economy is no longer possible and that Indians are investing outside of India.
2023-03-15T09:31:58+05:30


Nifty100 Low Volatility 30 Index is a Smart Beta ETF that aims to measure the performance of the low volatile securities in the large market capitalization segment. Smart Beta ETFs aim to potentially combine the benefits of both active and passive investing.
2023-03-15T09:10:05+05:30


The NFO will close for subscription on March 15, 2023.
2023-03-15T09:00:11+05:30


Women can give a missed call on 8657011333 if they want to learn more about mutual funds, investing or simply about how they can take their first steps toward building a financial plan, a press release said.
2023-03-14T14:14:29+05:30


Whenever the market becomes volatile, many investors keep asking whether they can invest in some mutual funds that will help them to deal with the volatility better. Are there safe funds?
2023-03-14T11:10:53+05:30


The NFO of SBI Dividend Yield Fund was opened between February 20 to March 6, and it will reopen for subscriptions on March 17, the company said.
2023-03-14T09:24:53+05:30


The heavy withdrawal was seen from liquid funds. Debt funds continued to witness outflows at Rs 13,815 crore during the period under review.
2023-03-14T09:23:18+05:30


The New Fund Offer is open for subscription and will close on March 27.
2023-03-13T13:02:12+05:30


Loan against mutual funds units has existed in the past, but investors stayed away from it due to the tedious process like multiple visits to the branch, fulfilling KYC norms, and waiting for days to get the loan sanctioned and disbursed.
2023-03-13T10:09:46+05:30


Gold ETFs, which track the domestic physical gold price, are passive investment instruments that are based on gold prices and invest in gold bullion.
2023-03-13T08:48:14+05:30


Based on regular monthly fund disclosures, global mutual funds tracking firm Morningstar ranks India on top of 26 countries, said Amfi chief executive NS Venkatesh.
2023-03-13T08:41:19+05:30


Given its growth tilt, the fund struggled last year, pulling down its otherwise decent return profile. Its new stance means it will deliver when market starts favouring growth businesses.
2023-03-13T06:30:00+05:30


The loss rate is defined as the number of time intervals of negative returns as a percentage of the total number of defined time intervals. This is calculated using rolling returns.
2023-03-13T06:30:00+05:30


Fortunes of arbitrage funds have changed in the past three months. These have clocked 1.7% returns over the past three months, even as liquid funds fetched 1.57%. ts, however, say ultra short term debt funds are a better option.
2023-03-13T06:30:00+05:30


Regulators had objected to the use of Bandhan Bank logo for mutual fund operations. IDFC Asset Management Company was acquired by the consortium, which comprises Bandhan Financial Holdings Limited, GIC, and ChrysCapital.
2023-03-11T22:55:40+05:30


The New Fund Offer (NFO) of Axis S&P BSE Sensex ETF is open for subscription and will close on March 15. The scheme will be benchmarked against S&P BSE Sensex TRI
2023-03-10T17:17:04+05:30


Swarup Mohanty advises investors to continue their SIPs and stay invested, as the market will eventually correct itself. Mohanty also discusses the current global market conditions and how they may affect India. He believes that the market is beginning to become fairly valued, and that Indian markets are still relatively stable.
2023-03-10T15:03:01+05:30


If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2023-03-10T15:01:17+05:30


Sectoral/thematic category got a total inflow of Rs 3,855.90 crore in February as compared to Rs 903.19 crore in January.
2023-03-10T14:22:21+05:30


ETMutualFunds looked for schemes that have offered more than 15% returns in five, seven, and 10 year horizons. Rolling returns for schemes that have completed 10 years in the market were considered.
2023-03-10T10:32:23+05:30


Fund of Fund or FoF invests in direct plans of other equity mutual funds. Some funds deploy money only in their own schemes, which could be actively managed or ETFs, while some invest in a mix of schemes of other fund houses and their own products.
2023-03-10T08:31:25+05:30


Axis Securities' head B Gopkumar will take over as the CEO and Ashish Gupta, former India research head at Swiss bank Credit Suisse, will be the new chief investment officer, said a press release.
2023-03-10T08:21:11+05:30


Gopkumar had joined Axis Securities as the MD & CEO in October 2019, and has over 28 years of experience in financial services industry in areas of sales and distribution, managing large teams, marketing and branding and also building of digital eco-system.
2023-03-09T21:07:49+05:30


“Rate hike and continued reduction in durable liquidity surplus is positive for short-term debt fund categories like the liquid fund. We would expect further improvement in the return potential of these categories as interest accrual on short-term debt instruments has risen meaningfully,” he said.
2023-03-09T13:03:44+05:30


The US Fed has said that it may opt for bigger rate hikes to contain inflation. What will RBI do? We talked to Abhishek Bisen, Head - Fixed Income, Kotak Mutual Fund, for some clues.
2023-03-09T10:23:55+05:30


The appointment comes as the country's seventh-largest asset manager looks to regain investor confidence after allegations of front-running against its former chief trader.
2023-03-09T08:27:12+05:30


The Sebi asked Amfi to ask fund houses to remove promotional material such as advertisements, illustrations, pamphlets, and brochures that make misleading claims.
2023-03-09T08:19:16+05:30


The auditors, after being empanelled, would be taking up assignments of the forensic audit of mutual funds, AMCs, and trustee companies or board of trustees.
2023-03-07T17:47:01+05:30


According to the report, there were only 18 women fund managers in 2017. The number has been increasing gradually since then, except for 2020 when there was a minor decrease.
2023-03-07T15:03:48+05:30


2023-03-22T08:17:13+05:30


Gold is traditionally considered a hedge against inflation, but higher rates increase the opportunity cost of holding the non-yielding asset. The dollar index was down slightly, making bullion less expensive for buyers holding other currencies.
2023-03-22T08:17:08+05:30


Sula Vineyards is well placed to benefit from the consumer shift to low-alcohol beverages — beer and wine. Expected to see highest revenue & EP) compounded growth over FY22-25 vs alcohol companies. Change in wine incentive schemes poses a key regulatory risk for the company.
2023-03-22T08:15:16+05:30


While the market expects the Fed to raise rates by 25 basis points on Wednesday, some top central bank watchers say it could well pause further rate hikes or delay releasing new economic projections due to ructions in the global banking sector.
2023-03-22T08:11:20+05:30


Catril said the Fed faces a difficult choice given a strong labour market alongside February inflation figures that were higher than many market watchers expected. Such circumstances would usually be ripe for a return to a 50 basis point hike were it not for worries over financial stability, he said.
2023-03-22T08:06:20+05:30


2023-03-22T08:03:48+05:30


Shares of First Republic Bank soared by 29.5%, the company's biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal.
2023-03-22T07:58:09+05:30


The still brittle mood was evident in the latest BofA survey of global fund managers which found pessimism near its worst in the past 20 years amid fears of financial risk and a flight from bank stocks.
2023-03-22T07:55:02+05:30


Another important element of this week’s meeting: Policymakers are set to issue updated rate projections for the first time since December, offering crucial guidance on whether they still expect any additional hikes this year.
2023-03-22T07:53:32+05:30


The tenure of the loan is 25 months, in the first 13 months of which the company will pay a fixed 8.95% interest. For the rest of the 12 months the loan will be linked to the one-year overnight indexed swaps (OIS), but the interest rate option bought by the company will allow it to cap its interest beyond a level, which will be borne by the bank.
2023-03-22T07:52:00+05:30


According to analysts, Vedanta Ltd, which has a 64.92% stake in Hindustan Zinc, will receive Rs 7,132 crore as its share of the latest dividend payout. If the entire amount is redistributed to shareholders of Vedanta Ltd, Vedanta Resources will get Rs 4,970 crore. These numbers exclude dividend taxes. Vedanta Resources has 69.68% in Vedanta Ltd.
2023-03-22T07:44:23+05:30


Franklin Templeton Fund picked up about 0.5% stake in Devyani International through a block deal on Tuesday, while Temasek offloaded nearly 3% stake in the company.
2023-03-22T07:34:07+05:30


"We advise investors to remain cautious, as markets are likely to remain volatile ahead of the Fed's meeting outcome on Wednesday late evening. US Fed’s commentary amidst the ongoing financial crisis would be of key importance and can provide some direction to the markets," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.
2023-03-22T07:28:02+05:30


“We had planned (the IPO in) March 2022 but before that the Ukraine war happened and Nasdaq started crashing. So, all the multiples were going down,” Taku said on the sidelines of an event, adding that the fintech firm continues to be in an IPO ‘ready mode’.
2023-03-22T07:04:33+05:30


AT-1 bonds are quasi-equity instruments with no fixed redemption timelines, although the bonds are usually called by issuers after about five years, giving an exit option to investors. In India, too, the Reserve Bank of India (RBI) wrote down Yes Bank's outstanding AT-1 bonds during a bailout of the distressed lender three years ago.
2023-03-22T06:58:49+05:30


>> For more such web stories click on the ET icon below
2023-03-21T22:22:49+05:30


Wall Street's main indexes climbed on Tuesday after the rescue of Credit Suisse calmed nerves about a bigger banking crisis, while investors awaited the outcome of the Federal Reserve's monetary policy meet.
2023-03-21T22:12:18+05:30


Following a sharp fall on Monday, European bank bonds rose once again, including Additional Tier 1 (AT1) bonds issued by companies such as Deutsche Bank, BNP Paribas, UBS and Credit Suisse whose bonds were written down to zero as part of a rescue merger with UBS. Holders of AT1 debt were told that they would only suffer losses after shareholders had been wiped out. The loss of Credit Suisse AT1s is believed to pose little or no risk to the stability of other European banks. However, the bank debt market remained vulnerable, according to Joost Beaumont of ABN AMRO.
2023-03-21T22:04:52+05:30


2023-03-21T22:00:00+05:30


He was reacting to UBS's rescue of Credit Suisse on Sunday, which has seen holders of Additional Tier 1 bonds lose everything while shareholders received $3 billion worth of UBS shares.
2023-03-21T21:58:30+05:30


Bullion has gained over $100 after the collapse of U.S.-based Silicon Valley Bank earlier this month, as investors scrambled for the safe haven.
2023-03-21T21:52:02+05:30


Investors' focus has moved to a slew of central bank meetings due this week after days of volatility in markets caused by worries over the stability of the global banking sector.
2023-03-21T21:32:34+05:30


>> For more such web stories click on the ET icon below
2023-03-21T21:30:46+05:30


Franklin Templeton Fund has picked up about 0.5% stake in Devyani International through a block deal on Tuesday. Franklin's India Flexi Cap Fund has bought about 62 lakh shares in open market transaction for Rs 89 crore. The deal was executed at an average price of Rs 145 per share.
2023-03-21T21:18:29+05:30


The US Federal Reserve is due to conclude a two-day interest rate meeting today. The bank's ninth consecutive rate increase will likely see its benchmark lending rate raised by a quarter percentage point, but opinions are divided as to whether this will be the end of its hiking cycle
2023-03-21T21:03:54+05:30


Bank stocks, including First Republic Bank, saw gains after the rescue of Credit Suisse eased concerns about the health of smaller US lenders and financial stability in general. Federal Reserve policymakers are expected to discuss the recent market upheaval at their current meeting
2023-03-21T20:55:32+05:30


The agency said country's banks had sufficient buffers to withstand losses on their sizable government securities portfolio due to rising interest rates
2023-03-21T20:43:37+05:30


Adeyemo said "decisive action" taken by the Treasury, Federal Reserve and the Federal Deposit Insurance Corporation to protect depositors in Silicon Valley Bank and Signature Bank and ensure liquidity for other banks had stabilized the banking system, but a review of the banks' failures was in order.
2023-03-21T20:27:30+05:30


RBI’s economic research wing headed by deputy governor Michael Debabrata Patra argued that the sequential slowing down in successive quarters of 2022-23 is due to base effect. As for the data, India’s gross domestic product (GDP) for the October-December quarter moderated to a three-quarter low of 4.4%, according to data released by the ministry of statistics earlier in the month.
2023-03-21T20:25:54+05:30


2023-03-21T20:23:51+05:30


2023-03-21T20:19:50+05:30


Zerodha's CEO, Nithin Kamath, said those looking to park cash without risks can invest in government securities or T-Bills
2023-03-21T20:07:07+05:30


Traders largely expect a 25-basis-point rate hike from the Fed on Wednesday, half the 50-bps increase expected before the banking crisis triggered by Silicon Valley Bank and Signature Bank's collapse. The Dow Jones was up 241.12 points
2023-03-21T19:26:09+05:30


2023-03-21T19:24:46+05:30


There is a preference for single opportunities that rank at par with institutional investors as opposed to blind pool private equity funds. New-age and tech-oriented promoters with wealth generated through private- and public-market exits have a larger allocation to private equity.
2023-03-21T19:11:44+05:30


Investor confidence globally is at its lowest level in 20 years due to the US banking system chaos and renewed recession fears, with a recent BoA survey showing investors are taking on heightened risk levels. European fund managers are reportedly especially pessimistic, with a third of respondents saying "a systemic credit event" appears to be the most significant market threat. In Germany, another survey shows a significant decline in investor sentiment. Following the recent collapses of Silicon Valley Bank and Signature Bank, concerns have grown over the prospects of other potential bank crises occurring.
2023-03-21T18:51:21+05:30


The government is committed to maintaining public confidence in the banking system and has launched investigations into the bank collapses. Yellen will appear before congressional committees twice more this week, facing more questions about bank failures
2023-03-21T18:49:14+05:30


2023-03-21T18:25:36+05:30


While the contagion risk of SVB’s fallout has been avoided for the time being, there are some lessons we can take away from this episode.
2023-03-21T18:23:27+05:30


We expect the recovery to strengthen further. However, the upside still seems capped, citing multiple hurdles till 17,400 levels in Nifty. Besides, caution ahead of the outcome of the US Fed meeting would keep the volatility higher. Participants should align their positions accordingly while keeping a check on leveraged trades.
2023-03-21T17:59:51+05:30


The record date for the purpose of payment of the fourth interim dividend is set on March 29. The company said the dividend will be paid within stipulated timelines as prescribed under the law.
2023-03-21T17:56:38+05:30


The interim dividend will be credited to investors on or before April 19. It will be paid to the shareholders whose names appear on the register of members of the company or in the records of the depositories as beneficial owners of the shares as on March 29, which is the record date.
2023-03-21T17:35:01+05:30


HUL, Power Grid, Britannia, Tech Mahindra and TCS were among the top losers on NSE in today's trade.
2023-03-21T17:29:03+05:30


The Nifty Auto index closed 0.08 per cent up at 12141.95.
2023-03-21T17:18:40+05:30


The NSE Nifty index closed 119.1 points up at 17107.5
2023-03-21T17:13:23+05:30


The 30-share BSE Sensex closed up 445.73 points at 58074.68
2023-03-21T17:08:09+05:30


Geekay Wires, Foseco India, Hariom Pipe Industries Ltd., Binani Ind and AB Infrabuild, hit their fresh 52-week highs during the day.
2023-03-21T17:02:52+05:30


The 30-share BSE Sensex closed up 445.73 points at 58074.68
2023-03-21T16:57:34+05:30


The 30-share BSE Sensex closed up 445.73 points at 58074.68
2023-03-21T16:42:10+05:30


Nifty at the close topped 17,100 levels, with a gain of 0.7%, while Sensex added 445 points or 0.77%.
2023-03-21T16:38:00+05:30