equity
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Market Walk
Ahead of Market: 10 things that will decide D-St action on Tuesday
Tuesday’s D-St action hinges on 10 factors Tracking weak global cues, the domestic benchmark indices ended the session lower for the second straight day. The Nifty fell 74 points to end at 17,241, while the Sensex lost 200 points to close at 57,991. Sectorally, selling pressure was witnessed across all sectors barring the IT pack. Here’s how analysts read the…
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Mutual Fund
What is a Systematic Transfer Plan and how it is different from a SIP?
Systematic Transfer Plan A systematic Transfer Plan is an automated way of transferring funds from one mutual fund scheme to another. It is usually preferred by investors who have a lump sum amount saved but want to avoid market timing. Usually, in this strategy, the investors transfer funds from a debt scheme to an equity one. How this works Suppose…
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Market Walk
Tech View: Bloodbath on D-St! Should traders go short on Monday?
Bloodbath on D-Street! Monday shorts? The US Fed jitters kept equity and currency markets on edge. The S&P BSE Sensex plunged more than 1,000 points while the Nifty50 broke below a crucial support at 17,400 and also briefly slipped below 50-DMA but then bounced back. The short-term moving average for the Nifty50 is at 17,315. The index bounced back after…
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Mutual Fund
Equity mutual fund inflows decline to 10-month low of ₹6,120 crore in August
August saw the lowest amount of money going into equity mutual funds in 10 months, at 6,120 crore Inflows in open-ended equity mutual funds dropped for the third straight month in August to ₹6,119.58 crore, as investors continued to pull out money due to rising interest rates and sticky inflation. Despite the fall, net inflows in equity funds were in…
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Mutual Fund
Wary of swings, keen on equity? Hybrid MFs may work for you
Avoiding volatility and focusing on equity? Mutual fund schemes that invest in a mix of equity and debt are regaining popularity among relatively risk-averse investors as they become uncertain about the outlook for the market after the recent rebound. Financial planners are recommending balanced advantage schemes, aggressive hybrid, and equity savings funds to clients who do not perceive that this…
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Mutual Fund
Sundaram Mutual launches Sundaram Flexi Cap Fund
Sundaram Mutual announces the launch of its new open-ended equity scheme, Sundaram Flexi Cap Fund. The new fund offer (NFO) invests across sectors, in large, mid, and small-cap stocks, without any restrictions on allocation across cap curves. It opens for subscription on August 16 and closes on August 30. “Flexi Cap funds have the potential to outperform over market cycles.…
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Market Walk
Wipro bags multi-year contract from UK GOVT Treasury
Wipro Limited has revealed that it has been given a multi-year contract to provide HM Treasury with Service Integration and Management (SIAM) Services (HMT). HM Treasury is the economic and financial ministry of the United Kingdom’s government. Its responsibilities include keeping a tight rein on public spending, determining the overall course of economic policy for the country, and working toward…
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Mutual Fund
Kotak Mutual Fund launches smart facility for SIP, STP, SWP
Kotak Mutual Fund on Monday announced the launch of the smart facility for SIP, STP and SWP. With this, investors’ instalment (in case of SIP/STP) or withdrawal (in case of SWP) varies based on market valuation. The facility is available for all open-ended equity schemes, equity index funds and Kotak Equity Hybrid Fund. The Smart SIP considers valuations and makes…
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Top News
Equity MF flows slowly in July despite the rally
Equity MF schemes slowed in July as investors refrained from fresh purchases amid the rebound in the stock market. Flows into equity schemes in July dropped 42% to 8,898 crores from the previous month, according to monthly data released by the Association of Mutual Funds in India (AMFI). Debt schemes saw inflows of 4,930 crores after witnessing outflows of…
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Stock Market
S Naren on 3 Ps that stock market investors should keep an eye on
Dalal Street’s veteran fund manager S Naren says 3 Ps are going to affect the stock market – Powell, Putin and the potential of India. In an interview with Nikhil Agarwal of ET Online, S Naren, ED & CIO, ICICI Prudential AMC, says the near term threat for investors is the war while in the medium term it is the…
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