With 25 years of global equity market experience, this Kolkata-born IIM Bangalore and CFA graduate manages five mutual funds worth Rs 6,300 crore. His research-driven, process-oriented investment approach focuses on long-term fundamentals. He finds satisfaction in contributing to the wealth creation journey of mutual fund investors.
Elevated India VIX reflects market caution, making a Nifty breakout above 23,000 unlikely in the near term. Nifty Bank may face resistance, while Muthoot Finance looks bearish. Despite a shortened week, volatility may remain high. Top stock picks for the week include CCL and Anant Raj on technical breakouts.
Out of 44 active AMCs, 35 saw inflows in March. SBI, ICICI Prudential, Nippon India, UTI, and HDFC Mutual Funds each received over Rs 10,000 crore in monthly inflows.
U.S. and Ukrainian officials convened to discuss a U.S. proposal for accessing Ukraine's mineral wealth, but the meeting was marked by an "antagonistic" atmosphere. The Trump administration's draft proposal seeks privileged access to mineral deposits and control over income from natural resource exploitation, without offering security guarantees. A contentious point involves the U.S.
Nippon India Mutual Fund is launching two new index fundsNifty 500 Low Volatility 50 and Nifty 500 Quality 50opening for subscription on April 16 with a minimum investment of Rs 1,000.
Around nine mutual funds saw a decline by more than Rs 200 crore in their AUM in March. We considered all equity and equity oriented schemes including sectoral and thematic funds. Here is a detailed breakup. (Source: ACE MF)
Equity mutual funds saw strong gains last week with international schemes leading. Top five performers delivered over 10 percent returns while 15 mostly global funds ended negative.
President Donald Trumps administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the United States for the first time.
