NFO Watch: 5 mutual funds and 2 SIFs open for subscription this week. Check details
ICICI Pru Balanced Hybrid Fund and ICICI Pru Multi-Asset Active FOF will open for subscription on June 30 and close on July 14. The minimum investment amounts are Rs 500 and Rs 1,000, respectively.
IPO-bound NSE set to be the change in exchange game
India’s sole listed stock exchange, BSE, faces a significant shift as rival NSE files for its own listing. NSE, dominating market share, is expected to list on BSE, creating a unique dynamic. Despite a recent revenue dip, NSE’s IPO could offer a valuation discount compared to BSE, sparking investor debate on future market equilibrium and […]
Q1 updates, F&O expiry among 8 factors set to steer D-Street this week
Indian markets head into a crucial week with investors tracking Q1 business updates, June F&O expiry, auto sales data, FII flows, crude oil prices, monsoon progress, US bond yields and key macroeconomic releases. While benchmark indices have remained resilient, profit booking in broader markets signals caution as traders assess domestic and global cues for the […]
Passive investing explosion: DSP’s Anil Ghelani predicts ETFs, index funds will command 30% of mutual fund industry
Passive investing is gaining rapid traction in India, with DSP’s Anil Ghelani projecting ETFs and index funds to grow from 17% to 30% of mutual fund assets within five years. The shift reflects changing investor behaviour, with passive strategies forming core portfolios and active funds playing a selective, high-alpha role.
Funding the ‘mother of all cycles’: Chris Wood cuts Indian stocks to double down on South Korean chip giants
Christopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, betting on the AI-driven capex cycle. He views memory stocks as core beneficiaries, citing strong demand, attractive valuations and structural shifts, while warning that malinvestment risks could eventually disrupt the AI trade.
11 penny stocks plunge up to 55% in a month. Should investors worry?
Over the past 1 month, 13 penny stocks have recorded sharp declines, falling between 20% and 55%. These underperformers were identified through a targeted screening approach focused on stocks with a market cap below Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares. The strategy […]