Edelweiss Gilt Plus SDL Short Duration Index Fund will invest in a mix of government securities and state-development loans. In doing so, Edelweiss continues to expand its basket of passive debt funds to short-term categories too.
Covid-zero policy and rising interest rates in the US led to a loss of appetite for Chinese stocks. But a recent reversal in its Covid policy and possibly peak infection rates have brought about rejuvenation in China.
Although a lower number of shareholders tender their shares and take exit (partially or fully) from the company, it adversely impacts the interest of other shareholders.
Since global mobility has become a common trend in recent times, a clear provision in the tax laws is required to eliminate the ambiguity regarding taxation of ESOPs for employees
The capital market regulator appears to have evidence that some distributors nudge investors to shift from large and existing schemes to new schemes, as they can pay higher commissions. SEBI is now looking to tighten the cost norms for mutual fund houses
Financialisation of household savings can be speeded up in this Budget by rationalising capital gains tax, giving more tax sops to mutual funds, and incentivising distribution.
Portfolio turnover ratio is relevant as it determines the level of churn in a portfolio. But it is not the only critical factor to gauge fund performance
Ahead of the budget, insurance companies also want finance minister Nirmala Sitharaman to accept their demand to exempt the principal component of annuities, or pension income from tax
The exemption allowed for long-term capital gains on equity investments need to be further enhanced to account for inflation, rising income levels and to encourage more investors into equity markets, say analysts
Shares of companies ranked below 500 are mostly under-researched and smallcap and microcap stocks. The lack of liquidity is more than made up by exceptional returns if the fund manager can correctly identify potential winners. Here are the most favourite holdings among active mutual fund managers
DSP World Gold Fund, which invests in an overseas mutual fund that buys shares of gold-mining companies, will now diversify into ETFs that invest in shares of gold miners. But that isn’t going to make the fund less risky.