This is a passive fund that is relatively low cost, compared to actively managed schemes that tend to have a higher expense ratio.

“A positive thing has been the continuous SIP inflows by retail investors. So, clearly, the message that ‘timing the markets’ doesn’t work is reaching investors. This has supported Indian markets amid widespread foreign sell-off,” says Prableen Bajpai, founder, Finfix Research & Analytics

The BHARAT Bond ETF is India's first corporate bond ETF and it is an initiative of the Government of India, from the Department of Investment and Public Asset Management and the latter has given the mandate to Edelweiss Mutual Fund to design, launch and manage the product.

Online mutual funds distribution platform BSE StAR MF has surpassed its previous high to process record 2.32 crore transactions in November, clocking a growth of 10% month-on-month and 38% year-on-year.

We reached out to NJ Mutual Fund, one of the new entrants in the mutual fund industry, to find out about its journey in the last one and a half year. Rajiv Shastri, Director and CEO, NJ AMC says that 2022 was challenging and he learnt a lot.

IDFC AMC is one of the top 10 AMCs in the country with an average assets under management of over Rs 1.2 lakh crore. It has investment products across equities, fixed income, and hybrid.

Equity indices have delivered 11-12% over a long period since 1995. Should a householder invest only in equities then? Probably that would not be wise.

The regulator said the initial margin payable by the client to the stock broker should be in the form of cash, cash equivalent or equity ETFs.

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“In order to avoid inconsistency in investment by MFs in debt instruments of an issuer, irrespective of the scheme being actively or passively managed, it has been decided to introduce a similar credit rating based single issuer limit for actively managed mutual fund schemes,” Sebi said.

Currently, credit risk-based single-issuer limits are allowed for debt exchange-traded funds to enable them to effectively manage the risk associated with such investments.

​A Systematic Investment Plan (SIP) is a mode of investment offered by mutual funds. Using this method, an investor can put in a fixed amount of money at predefined intervals in a chosen mutual fund scheme.

Foreign portfolio investors (FPIs) net bought Indian shares worth ₹1,241.57 crore on Tuesday, showed provisional data from the stock exchanges. So far this month, including Tuesday's provisional data, FPIs have purchased shares worth nearly ₹29,284 crore in the cash segment, the best in three months.

“Segments like consumer durables where the valuations have not corrected and are not reflecting the current picture of some slowdown seen in the overall consumption, the competitive pressure is very high and the inability of the companies to pass on the pricing. That is leading to margin contraction and those probably are not getting fully reflected in the valuations.”

The Quant ESG Fund is one-year old and is the topper in the category, where a few schemes like Invesco India ESG Fund, ABSL ESG Fund and Axis ESG Fund have offered negative returns in one year.

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"Equity valuations are above average and not cheap. There are pockets like banking and PSU stocks which are attractive, while consumption is expensive," said Rajeev Thakkar, Chief Investment Officer, PPFAS Mutual Fund.

"Debt has become an attractive asset class today because of the higher yields amid rising interest rates," said Sankaran Naren, executive director, ICICI Prudential Mutual Fund.

Union AMC today announced the inauguration of its first branch in North East in Guwahati. Union AMC is co- sponsored by Union Bank of India and Dai-ichi Life Holdings Inc. of Japan.

An up-trending profit cycle, a likely peak in short rates in 1Q2023 and ebbing global macro risks relative to 2022 make the case for absolute upside to Indian stocks," said Morgan Stanley in a note to clients. "That said, India's relative gains may take a breather in 2023.

HSBC Asset Management (India) has said that it has completed the acquisition of L&T Investment Management for a consideration of US$ 425 million, subject to closing adjustments.

Nifty Indices linked passive funds account for 76% market share in terms of total number of equity and debt passive funds and 73% market share in terms of total Asset under Management (AUM) of equity and debt Funds in India.

The investment objective of the scheme is to seek long term capital growth by investing in allocation ranging for equities between 65-80%, fixed Income and gold ETFs at 10-25% each along with up to 10% in units of REITs and INVITs.

Alternatively, AMFI has suggested that holding period to avail long-term capital gains taxation in respect of Gold ETFs (exchange traded funds) should be reduced from existing three years to one year.

The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.

While it had a track record of modest outperformance leading up to the recategorisation, it has been erratic in the past few years. Strong showing in 2020 and 2021 has been wiped away by sharp underperformance this year, hurting its long term track record. It needs to find its feet quickly to catch up with its peers.

The Securities and Exchange Board of India (Sebi) said fund houses should pay dividends to unitholders within seven days and the redemption amount should be given within three days.

The Nifty Pharma Index has grown at 9.52% annually since October 2012. For example, Rs.1,00,000 invested in the Nifty Pharma Index in 2012 would be worth Rs. 2,48,220 by the end of October 2022.

Sebi's latest decision follows the Franklin Templeton episode, in which the fund house's few executives were accused of redeeming their holdings in the schemes ahead of the six debt schemes shutting for redemption.

The industry body has also requested for various steps to be taken for the betterment of the mutual fund industry and investors and to deepen the equity market via mutual funds.

Whenever the stock market crosses a psychologically-significant mark, many investors, especially mutual fund investors, inevitably ask: Should we do something different? Sell or buy something?

The Scheme will be benchmarked against NIFTY 500 Multicap 50:25:25 TRI. The stock selection will be based on the “Fair Value” approach.

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The report by MOFS indicates that the slowdown in lumpsum investments has been on account of large HNIs waiting for a better entry point as the equity market is close to a new high, weakness in flows from lower-end customers in rural areas, and reduced NFO activity by large AMCs in the equity segment.

"If an investor has 100 rupees, they could probably consider investing 50-60 rupees immediately and the remaining post the budget clarity."

San Francisco-headquartered TPG Capital, one of the largest private equity (PE) firms, managing more than $120 billion in assets as of August, has been doubling down on investing in India after a cool-off period between 2012-2014.

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Silver has witnessed sharp volatility since the start of this year, marking a high of Rs 73,000 and a low of 51,500. Analysts believe that silver ETFs might gain from many global and domestic tailwinds.

According to the fund house, the scheme is suitable for investors seeking long term capital appreciation and Investment predominantly in equity and equity related securities of small cap companies.

Investors need to make the right comparisons while evaluating returns. For example, a large cap equity fund should be compared with its benchmark or another large-cap fund and not with a mid-cap or thematic fund.

Economists have factored a lower growth for the September quarter at 6.5 percent compared to 13.5 percent in the June quarter. Despite risks of a further slowdown, the Reserve Bank is still expected to deliver a 35 to 50 basis points ( one bps is 0.01 percent) rate hike to manage inflation within the mandated band of 2-6 percent.

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There were 27 schemes that have been in the market for 10 years or more. Out of these, 26 schemes offered double-digit returns.

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AMFI data shows that debt index funds have accumulated more money than equity index funds since July this year. Experts say investors have shifted to passive debt schemes because of the rate tightening and volatility in the equity markets.

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“ I am not a great fan of just jumping into something because it has done well. It is a question of where does the risk reward favour you and a large part of where risk reward favours always got to do with starting valuations being attractive. Jumping into a moving bandwagon of defence at this point of time is not my cup of tea. Maybe it fits other investors, but not my cup.”

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"Market is expecting inflation to have peaked and slow into 2023, while growth headwinds have picked up into 2023, especially in the western world," said Vikram Chopra, a fund manager with DSP Investment Managers.

The Securities and Exchange Board of India (Sebi) has amended mutual funds rules and the new norms would come into force from January 15.

The Dow Jones Industrial Average fell 56.2 points, or 0.16%, at the open to 34533.59

Asked if he knew whether funds were being funneled to Alamed, FTX's former chief executive officer told ABC: "I did not know that there is any improper use of customer funds."

The aggressive pace of U.S. Federal Reserve rate increases this year has sent the dollar soaring, thanks to higher U.S. benchmark yields and fears the central bank would push the U.S. economy into recession in its attempts to combat inflation.

In view of representations received from credit rating agencies, it has been decided to extend the date of applicability of the standardised industry classification till December 15, the Securities and Exchange Board of India (Sebi) said in a circular.

Crude also gained support from dollar weakness prompted by euro zone factory data and the Federal Reserve Chair saying the pace of U.S. interest rate hikes could be scaled back.

​​Through the sale, Softbank aims to raise Rs 1,000 crore. It is likely to sell 2.2 crore shares via block deal

"Taking into account the emergence of ETFs as an investment product with various advantages such as transparency, diversification, lower cost, etc, it has been decided to allow units of equity exchange traded funds (equity ETFs)... as an eligible security for MTF as well as an eligible collateral under MTF," Sebi said in a circular.

Chart readers said Nifty is now showing signs of running out of steam for the time being. The mark, 18,888, could be a tough resistance to cross while 18,678 could offer support in the near term.

With a market cap of Rs 17.25 lakh crore, Mukesh Ambani-led Reliance Industries is India's most valued company, followed by TCS, HDFC Bank, Infosys and ICICI Bank.

In the Nifty pack, 27 stocks closed in the green, while 22 stocks ended in the red.

In the Nifty 50 index, 27 stocks ended in the green, while 22 stocks closed in the red in today's trade.

The maiden offering of Bharat Bond ETF was launched in 2019, helping CPSEs raise Rs 12,400 crore. In the second and third tranches, it had raised Rs 11,000 crore and Rs 6,200 crore, respectively. The ETF has raised Rs 29,600 crore in its three offerings so far.

The NSE Nifty index closed 54.15 points up at 18812.5

"We forecast 10% potential upside in MSCI-China from now to end-2023," JPMorgan's analysts said in note, adding that their target for the yuan-denominated CSI-300 stocks index was a 9% rise to 4,200 points.

UPL, Eicher Motors, ICICI Bank, Cipla and Bajaj Auto were among the top losers on NSE in today's trade.

"The investors are evaluating the conditions," Mumbai-based Yes Bank said, adding that the bank and the investors will engage with the Reserve Bank of India to seek an early resolution of the conditions and get final approval.

The Nifty Auto index closed 0.3 per cent down at 13191.75.

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The Nifty Bank index closed 0.07 per cent up at 43260.65.

The 30-share BSE Sensex closed up 184.54 points at 63284.19

The 30-share BSE Sensex closed up 184.54 points at 63284.19

In the Nifty50 index, 27 stocks closed in the green, while 22 stocks ended in the red.

The 30-share BSE Sensex closed up 184.54 points at 63284.19

During the LIVE discussion, Hassan will explain how some finfluencers generate fake MTM screenshots to impress gullible younger traders on social media. The expert will explain to the audience how one can identify such fake profit claims made by some traders on social media channels.

The 30-share BSE Sensex closed up 184.54 points at 63284.19

The 30-share pack Sensex advanced 184 points to end at 63,284, while its broader peer Nifty50 ended above the 18,800 mark after touching a new peak of 18,888 in intra-day trade.

The 30-share BSE Sensex closed up 184.54 points at 63284.19

The NSE Nifty index closed 54.15 points up at 18812.5

The Nifty Realty index closed 1.98 per cent up at 459.05.

Sales of Bajaj Auto stood at 3.06 lakh units in November 2022 against 3.79 lakh units in November 2021

The Nifty Pharma index closed 0.18 per cent down at 13120.65.

Axita Cotton, HPL Electric Power, Salasar Techno Engg, Dhanlaxmi Bank and HLV Ltd., hit their fresh 52-week highs during the day.

The partially convertible rupee ended at 81.2150 per dollar, compared to its previous close of 81.4225. The currency had briefly strengthened to a two-week high of 80.99 in early trades, but gradually gave up some of those gains

“Normally in any FMCG product, as the commodity prices come down, the brand starts giving better margins and that holds true for us also. So when the prices go up, we are under pressure to manage the market share. Sometimes we cannot raise prices as much as required but when it comes down, we are comfortable and are in a better position.”

“We never like or dislike a stock permanently. One has to look at the risk reward of the individual stocks. In investing, one should never say no to anything. One has to constantly keep on looking at and we have taken these two PSU names. So do not think that we do not buy PSUs. As long as we understand and see that things are in the right place and in favour, we will go for these stocks.”

Spot Gold prices in the delhi markets traded higher amid stronger physical gold demand,said Dilip Parmar, Research Analyst at HDFC Securities.

Today, the times have changed with the advent of technology, and investors from each segment are now easily able to access market technicalities, charts, data points, research reports, DRHPs, and many more with a smartphone, internet access, and an account with the broker.

A total of 24,903 shares changed hands on the counter till 02:10PM (IST).

The Relative Strength Index of the stock stood at 54.96 on Thursday.

The Relative Strength Index of the stock stood at 60.88 on Thursday.

In an exchange filing, the company said that its board of directors are scheduled to meet on Friday, December 16, to consider and approve the proposal to sub-divide or split the equity shares.Following the update, shares of the smallcap player jumped 5% to Rs 29.50 on Thursday. The stock settled at Rs 28.10 on Wednesday.

A total of 572,692 shares changed hands on the counter till 01:50PM (IST)

Shares of L&T Technology Services surged 8%, Mphasis and Persistent rose over 5%, while TCS, Tech Mahindra, Coforge, and LTI advanced over 2%.