Page 12 - Ashley Coutinho

Don't exit the market over fears of a correction in high equity valuations

Use the SIP route to average out costs, stick to your pre-decided asset allocation, or invest in an asset allocation fund to deal with the current highs in the market

Equity schemes see outflow for 6th month on surge in profit-booking

Outflows surpassed Rs 33K crore between July and December

Aditya Birla Sun Life MF expects Nifty to grow 10-12% over 3 years

A weak dollar and strong commodity prices augur well for emerging markets (EMs)

Union AMC aims to double assets base to Rs 10,000 crore this year

The fund house has more branches, workforce, and num­ber of customers at its disposal thanks to the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India (UBI) last year

M-cap of top 7 global tech stocks surged 61% last year, shows data

Apple alone commands a market cap of over $2.2 trillion, which is more than GDP of several countries, such as Brazil, Italy, Canada, and Russia

Sebi suggests easing of ownership norms for exchanges, depositories

According to the new proposals, resident promoters or a foreign promoter from a FATF jurisdiction can set up a market infrastructure institution (MII)

Foreign portfolio investors accounted for 55% of IPO mop-up in 2020

The Indian anchor list was dominated by mutual funds, with just one insurance firm HDFC Life Insurance in the top 15; it contributed Rs 109 crore

SBI Mutual Fund widens lead as top asset manager in December quarter

The surge in debt inflows, steady performance across schemes, and the money from the Employees' Provident Fund Organisation (EPFO) are factors that have boosted SBI MF's assets, said market observers

Retail participation and higher volumes boost broking business in 2020

The number of active investors has gone up 30-40% for most top brokers after the Covid outbreak

Nearly 40% components of Nifty50 change in a decade, shows data

Big names that are out of the index include BHEL, Sterlite Industries, Jindal Steel, Ambuja Cement, ACC, and SAIL

Longer tenure bond funds top the returns charts in 2020, shows data

The Reserve Bank of India (RBI) continued its easy monetary policy in 2020 by cutting policy rates and infusing liquidity into the banking system

Dragon races ahead as gulf between China and India market caps widens

China's m-cap is now 4.3x India's, whose m-cap grew just 17 per cent to $2.5 trillion in CY20 - 2.4 per cent of the global m-cap

MFs storm market with 47 new equity offerings mopping up Rs 9,000 cr

10 NFOs are closing this month; list features over a dozen passive schemes, including index funds and ETFs that have gained popularity among investors

HCL Tech's Roshni Nadar tops the list of India's wealthiest women

Kotak Wealth Hurun-Leading Wealthy Women features eight dollar billionaires and 38 women with wealth of Rs 1,000 crore and above

SC allows Franklin Templeton to seek investors' nod for winding up schemes

Top court slams Sebi for staying on sidelines when unitholders began redeeming their investments; redemptions to remain suspended till further notification

Discount model the new mantra for broking firms to gain market share

Kotak Securities (KSL), a full-service broker, on Thursday announced the launch of its Trade-Free Plan, with zero brokerage on intraday trades and Rs 20 per order for all other F&O trades

Kotak Securities launches plan with zero brokerage on intra-day trades

This fixed brokerage plan is available for F&O across equity, commodity, and currency segments.

Most PMS schemes underperform Nifty50 in Oct with avg returns of 0.85%

The strategies have performed far better in a one year period, with average returns of 3.7 per cent for 179 schemes against -2 per cent returned by Nifty50

Kotak Mahindra AMC to launch ESG fund, offer open between Nov 20-Dec 4

The asset manager will use Sustainalytics ESG Risk Ratings, a leading global provider of ESG research, ratings and data, to support its Kotak ESG Opportunities Fund

Franklin Templeton MF's six shut schemes get Rs 941 cr in fortnight

This amount includes Rs 814 crore received as pre-payments and takes the total cash flows received till date since April 24, 2020 to Rs 9,682 crore