Buy or sell: What smallcap mutual fund investors should do in 2024

These funds typically invest in businesses in their growth phase, offering high potential for returns but carrying higher risks than mid and large-cap funds. In 2023, small-cap funds have drawn considerable attention due to their exceptional performance, driven by various economic and market factors.

Ajay Bagga on the big market triggers to watch out for in 2024

“Overall, the big trigger will be the Fed rate cut which should happen by March, April and we will have to see the magnitude of that so the big defining trend for this year will be rate cuts across the world,” says Ajay Bagga, Chairman, Elyments Platforms

A bumper year for equities, and the promise of more

​​On average, they invested Rs 15,100 crore a month via MF SIPs in 2023, while 26.8 million new demat accounts till November showed large direct retail participation. Foreign investors panicked halfway through the year but, in the end, flocked back to pump in highest-ever Rs 1.75 lakh crore, bettering 2020’s Rs 1.73 lakh crore.

New Year Technical Picks 2024: 10 stock recommendations for your portfolio

India’s benchmark BSE Sensex rose 19%, and the broader Nifty 50 gained 20% in 2023, led by sustained domestic mutual fund inflows, return of foreign buying, better-than-expected economic growth, and healthy corporate earnings. Meanwhile, based on technical parameters, domestic brokerage firm Axis Securities recommended several stocks for 2024. These stocks include Maruti Suzuki, PNB, JSW […]