Page 11 - Ashley Coutinho

Investors trading in ETFs double in 2020, average daily turnover up 15%

Fund houses launched 14 ETFs and 5 index funds garnering assets in excess of Rs 11,600 crore last year

Budget, US stimulus: 5 factors that could help market after scaling 50,000

Business Standard looks at five key factors that market players believe could have a bearing on the market movement in the near term

Economic recovery will lead to broader market rally: Rahul Singh of Tata MF

In a Q&A, the CIO-Equities of the fund house says the movement of the dollar and global crude prices will be key factors to watch out for going ahead

Mis-selling, dividend tax change spur outflows from hybrid funds

Last year, the category saw outflows of over Rs 24,000 crore, data from the Association of Mutual Funds in India (Amfi) shows

LTCG exemption, clarity on dividend taxation top markets' Budget wish list

Industry players want govt to bring tax parity between Ulips and equity MFs, cut in STT and CTT

Franklin Templeton gets investors' nod for winding up six schemes

The fund house could take second vote for appointing a liquidator

Large-caps will continue to lead rally: Avendus Capital's Andrew Holland

Valuations appear high in some sectors as a small number of stocks dominated the index last year, said CEO Holland

Street signs: Rising VIX sets alarm, new aspirants for MF licence & more

The fear guage has risen 22 per cent this month and is currently at 24, a level approached only a few times in the past six months

CBDT relaxes requirement of remunerating fund managers of offshore funds

The board's permission will be required from FY21-22 if fees paid to the manager are lower than the prescribed amount

Wealthy investors rework portfolios amid sharp run-up in equities

Shift portion of investments towards real estate, credit funds

Govt may look to correct dividend anomaly for FPIs in upcoming Budget

Last year's Budget had created uncertainty about the quantum of tax to be withheld on dividends paid to non-residents, as the exact tax rate was not specified under section 195

Mutual Funds prune BFSI and FMCG exposure in December, shows data

In December, MFs sold equities worth about Rs 37,000 crore, while FPIs bought Rs 50,000 crore worth of equities in the secondary market

Buoyant market spurs FPI registrations; number crosses 10K for first time

December saw more than 100 registrations after seven months

India maintains global market capitalisation ranking at number 8: Report

China, which was at number 5 in 2010, is now at number 2 with an m-cap of $10.9 trillion

Top 5 Nifty50 stocks contribute 42.4%, against 42.66% in November

Market pundits believe that the market rally this year is likely to be less concentrated and that polarisation - where a handful of stocks outperform the index - will become less pronounced in 2021

RBI raises concerns over increase in assets of money market mutual funds

The RBI said MFs showed a marked preference for long-term debt while also holding equity shares.

Flows from FPIs favour banks, financials and FMCGs in CY20, shows data

FPI flows from April last year show they have been betting on a revival in consumer demand to drive economic growth, revealed an analysis by Edelweiss Securities

Market rally in 2021 to be much more broad-based: ICICI Pru AMC's S Naren

In an interview with Ashley Coutinho, he says current valuations are not very expensive, especially when viewed in the context of low interest rates

Street signs: ELSS outflow an unusual surprise, Antony shares slide & more

The shares of civic services provider Antony Waste Handling Cell has already lost a third of its listing gains a week after its market debut

ICICI Prudential MF floats open-ended scheme based on business cycle

The fund will employ a top-down approach using macro indicators such as inflation, growth, and deficit, and scout for opportunities in the Nifty 500 universe. The NFO closes on January 12