The CEO of Trust Mutual fund is concerned about inflation.
In growth or equity-oriented schemes, small-cap funds got the highest inflows at Rs 2,244.77 crore followed by Rs 1,962.26 crore in mid-cap funds, data provided by the Association of Mutual Funds in India shows
This partnership aims to enable GoldenPi’s audience to invest in various fixed income instruments, including high-rated bonds and NCDs from trusted institutions at a starting price of just Rs 10,000
BOI AXA M & I Fund - Direct (G)
Axis Small Cap Fund - Direct (G)
Axis Small Cap Fund (G)
BOI AXA M & I Fund (G)
BOI AXA Tax Advantage - Direct (G)
|S&P BSE Smallcap||28805.72||10.83||0.04|
|S&P BSE Midcap||25181.69||-93.84||-0.37|
|S&P BSE Capital Goods||33779.84||79.86||0.24|
In November 2022, HSBC Mutual Fund, one of the handful of foreign asset management companies in India, announced that its takeover of L&T mutual fund is complete. That made bigger news than any of its mutual fund scheme ever did in the past many years, as HSBC India mutual fund’s performance has been ordinary. But newly-appointed co-CEO, Kailash Kulkarni has plans to localize this foreign fund house and do business, the India way.
One of the demands if for uniform taxation of capital gains from mutual funds and Unit-Linked Insurance Plans issued by insurance companies
The sharp decline in returns from small-cap funds over the past one year should not deter investors. A revival in the property cycle, consumer spending post-Covid-19 and a repair of household balance sheets is good news.
Citizen and corporate models to grow fastest going forward; approval for minimum assured return scheme expected soon, says PFRDA chief Supratim Bandyopadhyay
Budget 2023 must make an effort to increase the section 80C tax deduction limits. Retail investor would benefit if they could save more taxes. A study of inflows into ELSS funds or tax-savings funds shows that when Section 80C tax deduction limits were enhanced, the last time, to Rs 1.5 lakh, flows into these funds went up.
Going forward, if the markets keep rising or move sideways, investors could make decent returns on these schemes. Improved yields on arbitrage opportunities, coupled with high yields on fixed-income investments held by these schemes, make arbitrage funds an attractive investment alternative.