MF Query: Maximizing monthly income with hybrid funds – Senior citizens’ guide for Rs 15-20L investment
In the pursuit of low-risk monthly income, investors often seek strategies that balance growth potential with stability especially if someone is closer to retirement. Alekh Yadav, Head of Investment Products at Sanctum Wealth, addresses key considerations for such investors, particularly those like Rajiv Tandon, a senior citizen aiming for steady returns. Yadav outlines the advantages…
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FII selloff hits Rs 30,000 crore since Budget but why aren’t alarm bells ringing?
While the domestic gush of liquidity has dismissed the impact of capital gains tax hike, expensive valuations and a not-so-great Q1 earnings season, foreign institutional investors (FIIs) have sold Indian stocks worth at least Rs 30,000 crore since Budget. In the last 17 trading days since Budget was presented on July 23, Sensex is weaker…
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The bar for PMS fund managers to please crorepati investors just got higher after Budget
The increase in capital gains tax in the Union Budget makes it tougher for PMS fund managers, who handle money for rich investors, to beat the good old mutual funds. While MFs themselves are not taxed when they churn portfolios, crorepati clients of PMS schemes are taxed, which can lead to inferior post-tax returns. With…
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Post Budget Picks: LIC Housing, Dabur could give 10-17% return in 1 year
India’s Finance Minister Nirmala Sitharaman on 23rd Jul’24 presented the Union Budget 2024-25. This was the first budget of Prime Minister Narendra Modi’s third term in the government. Overall, the broad themes from the interim Budget remained unchanged. The Union budget 2024-25 focused on infrastructure, fiscal consolidation, job creation, MSMEs, women, and agricultural support. Broadly…
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kaveri seeds share price: Agriculture stocks rally up to 9% as Sitharaman allots Rs 1.52 lakh crore to sector in Budget
Shares of agriculture and fertiliser stocks jumped up to 9% intraday on Tuesday after Finance Minister Nirmala Sitharaman announced Rs 1.52 lakh crore provisioning for agri and allied sectors in the Budget. In the Budget speech, Sitharaman said the government in partnership with states will promote digital public infra for agriculture. Also Read: Budget 2024…
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What does D-Street want from Budget 2024? Siddhartha Khemka answers; shares top picks
With the Union Budget scheduled on July 23, 2024, we expect it to be growth-oriented with focus on manufacturing, capex and infrastructure creation. The mandate of the BJP in NDA-II (starting FY25) is much stronger than during NDA-I. This was quite visible in the Cabinet allocation, wherein the BJP retained most of the high-profile departments…
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Understanding the Budget: A step-by-step guide for investors
Last week, I wrote about my expectations of the Union Budget. This time, I want to talk about how to understand the Budget in a very simple way. A country’s Budget is nothing but the plan of how it will meet the expenses and arrange means to achieve them via income sources. A Budget is…
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We see the Budget as being neutral for the Rupee: Abhishek Goenka
The US economic surprises are now the most negative since 2015. Month-on-month CPI print at -0.1% is the lowest in four years. Fed members have been reiterating that they want to be more confident about inflation reaching the 2% target and the latest June inflation print should help in that regard. Deceleration in sequential core…
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Indices hit new highs, Sensex closes above 81K for first time
India’s benchmark indices surged to fresh new highs on Thursday, with the Sensex closing above 81,000 and Nifty ending above 24,800 for the first time. The rally was led by gains in information technology (IT) stocks ahead of Infosys’ first quarter results which were announced after trading hours on Thursday. The BSE Sensex ended at…
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Why DBS Bank strategist Joanne Goh prefers smallcap and midcap stocks in this bull market
While many other institutional investors have been raising red flags over the non-stop rise in share prices in the broader market, Joanne Goh, Senior Investment Strategist of DBS Bank, prefers small and midcaps on a risk-adjusted basis, saying that high growth potential offers opportunities for significant returns. “With the near doubling of public capex in…
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