“So, I believe Bajaj Finance is in a very favorable position, and I wouldn’t be surprised if the stock doubles in two years. The only thing we need to monitor is whether the company can guide credit costs and confirm that the worst is behind them,” says Vinit Bolinjkar, Ventura Securities. How did you assess … Read more
One should always pick Large and Midcap 250 Index, if they want to pick one and only one index fund, said Edelweiss Mutual Fund CEO, Radhika Gupta. According to Gupta, The index covers the broad Indian economy with reasonable allocation to large and midcaps. She posted on social media platform X, “Since I am always … Read more
ET Intelligence Group: The share of assets under management (AUM) by midcap funds has surpassed that of large-cap funds by 0.6 percentage point, the most on record, as per data from the Association of Mutual Funds in India. Midcap funds constitute 12.9% of the total equity AUM, compared with 12.3% for their large-cap peers. Now, … Read more
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
ET Intelligence Group: The systematic investment plan (SIP) route continues to attract new retail investors amid soaring equity benchmark indices with no signs of exasperation. New SIP accounts opened in February were 2.3 times more than the ones that were closed according to the data from the Association of Mutual Funds in India (AMFI). The … Read more
The Indian market is poised to maintain its positive momentum, with large-cap stocks expected to outperform the broader market. This trend is indicated by the Nifty vs Nifty 500 ratio reaching its lowest point. Analysts anticipate Nifty to climb towards 22,800, provided it remains above 22,300. Some of the recommended stocks include Reliance Industries, Axis … Read more
