KOTAK EQUITY OPPORTUNITIES: Its biggest positions are in large caps, while the mid-cap exposure is mostly towards the mid- and tailend of the portfolio. The preference is for companies that have the ability to generate consistent cash flows, have a proven business model with efficient management, and are available at a reasonable price.
If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the eighth part of this series, Riju Mehta explains what compound annual growth rate means.
Mutual fund: The basic premise for chasing top performers— the belief that past success will continue into the future—is flawed. Chasing past returns is a futile exercise. Funds, like the broader markets, tend to perform in cycles. The ups and downs in a fund’s life cycle are inevitable. There are better ways of looking at the past than relying on simple point-to-point returns. Read here
Investing in mutual funds on the basis of past returns is not a good idea. This is especially true in case of sectoral and thematic funds. Sectors and themes tend to be cyclical in nature, and the performance depends on a host of factors, including news developments, economic conditions, global trends, government policies and market sentiments. For instance, the pharma sector was the top performer after the Covid outbreak in 2020, but it was the worst performer in 2021 and gave negative returns the... Читать дальше...
Stock market investment: By sticking to simpler, well-understood investment concepts and strategies, one can avoid the stress and potential mistakes that come with constantly chasing the latest investment fads or timing the market. This allows investors to focus their energies on other aspects of financial health, such as budgeting, saving or long-term financial planning.
One of the first steps in the financial planning process is setting goals. Every person has some requirements that do not fit in their incomes.
The first step is to identify all the investments that require nomination. This includes bank accounts, fixed deposits, mutual funds, insurance policies, and other financial instruments.
Time diversification: This theory is useful in investing for retirement and children’s education goals, where the horizon is long, and consistency and discipline are important.
We fall into the trap of spending to impress, gifting to gain favour, and our actions cater to impressions we like to create about wealth. These are ones-sided actions that don’t provide the opportunity to express a contrarian view and stay true to what really matters. We drown in the cesspool of social acceptance, appropriate behaviour and unbroken ritual.
The high demand for private education, paired with the limited supply of quality schools, has driven costs up. Schools have increased fees to offer better facilities and services. Besides, education costs now include other expenses, such as private coaching, lodging, sports, music, books, and travel. These expenses can add up to Rs.16-30 lakh during a child’s schooling, depending on the choices one makes. Parents should adopt a three-pronged approach to deal with the rising cost of education, says Eela Dubey.
The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.
Early talks on; US ecommerce biggie looking for a buyout or stake via pre-IPO placement. Discussions may face multiple roadblocks, said sources in the know. Legacy ecommerce players like Amazon and Flipkart scouting for quick commerce assets amid rising consumption on rapid delivery platforms like Zomato’s Blinkit, Zepto and Swiggy’s Instamart.
Early talks on; US ecommerce biggie looking for a buyout or stake via pre-IPO placement. Discussions may face multiple roadblocks, said sources in the know. Legacy ecommerce players like Amazon and Flipkart scouting for quick commerce assets amid rising consumption on rapid delivery platforms like Zomato’s Blinkit, Zepto and Swiggy’s Instamart.
Elon Musk, CEO of Tesla and SpaceX, expressed full support for Trump on X, a platform he owns. He plans to commit $45 million a month to a political action committee (PAC) backing Trump, the Wall Street Journal reported. Meanwhile, Mark Zuckerberg of Meta praised Trump's response post-assassination attempt, though he didn't officially endorse him.
After a CrowdStrike update caused errors in Microsoft Windows, affecting 8.5 million devices worldwide, both companies explained the July 19 incident. CrowdStrike's update led to a logic error in Windows, causing devices to display the blue screen of death. The update aimed to protect Windows devices but had unintended consequences.
Fabricio Bloisi, who was appointed CEO of Prosus in May, will be in New Delhi and Bengaluru meeting some of the top portfolio firms like Swiggy, Meesho, and Urban Company, per current plans. Bloisi replaced long-time CEO Bob van Dijk, who abruptly resigned last September, following which Ervin Tu was made the interim chief executive of Prosus.
For years, banks and large insurance companies have battled fraudsters. Now, even prominent fintech startups like Razorpay, Zerodha, Groww, Freo, and Fisdom face similar challenges on a significant scale. Initially, fraudsters would open fake websites or connect on phone calls; now, platforms like WhatsApp and Telegram are their new hunting grounds.
Budget 2024: The upcoming budget is set to energize the economy through targeted interventions in job creation, rural areas, MSMEs, and technology. The focus remains on fiscal consolidation while enhancing support for infrastructure and high-tech sectors. Expect simplification of tax procedures and measures to boost foreign investments.
Asian Paints, with a target of Rs 3400 in 2-4 months, rebounded after the 200-week EMA. Closing at Rs 2930 on 18 July 2024, down 18% from Rs 3566. Rebounded from 2700-2500 in May 2024. RSI at 50.3 and MACD bullish. Consolidating 2650-3500 range per Ajit Mishra of Religare Broking. Positional traders buy Rs 2900-3000.
Donald Trump is yet to know his political opponent in the upcoming US Presidential election 2024, scheduled to be held in November. Kamala Harris, even though has been endorsed by outgoing President Joe Biden, hopes to secure a nomination from Democratic Party against the high-profile Republican nominee.
"My Hero Academia" Season 7 Episode 12 has been delayed due to unspecified reasons.