The share of mid-cap and small-cap companies in India’s total market value hit the highest level in May, boosted by the unabated appetite for these shares among domestic investors. This, however, warrants caution, said fund managers, who warned that the sharp run-up in these shares may be excessive for now. According to a study by … Read more
“Achche din ki sabse badi guarantee hai the growth in the GDP. So, India having reached fifth largest economy status and all the pundits and all the gurus from IMF to investment houses to all the economists predict that India will be number three in a very short duration of time,” says Puneet Chhatwal, MD … Read more
Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts. The largest 20 mutual fund managers in the US have increased duration over the past two months as yields climbed, according to research by JPMorgan Chase … Read more
Fund managers made fresh purchases in companies that could benefi t from the strength in global economies, including the US. They increased exposure to metals, commodities and oil & gas. Fund managers believe the Fed is likely to cut rates later this year, which will lead the US dollar to depreciate resulting in rise in … Read more
Overseas investors looking to boost returns in India’s booming stock market are increasing exposure to small- and mid-cap companies that are outperforming larger peers. The number of firms with more than 10% overseas shareholding rose to 275 on the BSE 500 Index as of December-end, versus 257 a year ago, according to a Bloomberg analysis … Read more
Mumbai: Kotak Mutual Fund will restrict flows into its small-cap scheme from March 4, joining the likes of Nippon and Tata in limiting investments into this product category as elevated share valuations have made it challenging for fund managers to handle continuous flows. The fund house said in a notice that fresh subscriptions through lumpsums … Read more
Mumbai: The gap in weightage between Indian and Chinese equities on the MSCI index is narrowing with several global investors preferring shares on Dalal Street over those in Shanghai. Since January 2021, India’s weight in the MSCI Standard Index has more than doubled from 8.9% to 18.2%, whereas China’s weight has declined from 40.1% to … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) is set on imposing tightened ultimate beneficial ownership norms for overseas investors with effect from February 1 despite pressure from foreign banks and a section of offshore fund managers to ease the rules ahead of the deadline, said a person with direct knowledge of the matter. … Read more
Fund managers continue to bet on a private sector capex revival in the coming year, as the BJP’s strong show in the state elections in December has reduced political uncertainty and raised hopes of policy continuity. According to the recent data published by project-tracking database research fi rm Centre for Monitoring Indian Economy (CMIE), a … Read more
Mumbai: Financial services stocks remained the top pick of overseas fund managers in the second half of December after witnessing record flows in the first part of the month. The sector received ₹6,277 crore in the period between December 16 and 30, according to the data from National Securities Depository Limited (NSDL). In the December … Read more
