GAGA Share Market News

[hfe_template id='11223'] [ad_1] We often underestimate the power of small savings. A few hundred rupees set aside each month may seem inconsequential in the grand scheme of things. But when channelled correctly, these modest sums can transform into significant wealth over time. The secret lies in understanding the interplay between returns and time, and how mutual funds can be the perfect partner on this journey. There are two undeniable forces that drive wealth creation: the rate of return your money earns and the time you allow it to compound. While we naturally gravitate towards higher returns, it’s important to remember that they come with their baggage, volatility, and uncertainty. In moments of market turbulence, it’s easy to lose conviction and make decisions driven by fear or impulse, often derailing the wealth creation process. This is where purpose-driven investing becomes indispensable. If you invest with a strong, clear purpose, whether it's building a r...

[hfe_template id='11223'] [ad_1] Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch stated on Friday that there is “no need” for the regulatory body to issue a statement regarding the recent significant corrections observed in small and midcap stocks. Reflecting on her remarks from March last year concerning elevated valuations in these segments, Buch noted that Sebi had already expressed its concerns when it was necessary. “On midcaps and smallcaps, I think that at a point in time when the regulator felt the need to make a statement about it, the statement was made. Today, the regulator feels no need to make an additional statement," she commented during an event organized by the Association of Mutual Funds in India (AMFI). Also Read | AMFI launches 3 new investor initiatives: Chhoti SIP, Tarun Yojana, MITRA Recently, small and midcap stocks have entered bearish territory, with certain stocks declining by more than 20% in a short period. In...

[hfe_template id='11223'] [ad_1] Shares of Adani Enterprises are expected to remain in focus on Friday after the company successfully raised Rs 4,200 crore in a share sale to investors via a qualified institutional placement (QIP). The company has allocated 1.41 crore shares at an issue price of Rs 2,962 each. The transaction, which was initiated after market hours on October 9 and valued at Rs 4,200 crores ($500 million), closed on October 15. "The QIP generated strong demand, attracting bids over 4.2 times the deal size from a diverse group of investors, including global long-only investors, major Indian mutual funds, and insurance companies," the company stated in a release. This achievement highlights Adani Enterprises' role as India’s largest publicly listed incubator for scalable and large-scale businesses in core infrastructure, addressing the country's needs. The company’s current incubation portfolio includes airports and roads in the transport...

[hfe_template id='11223'] [ad_1] IRFC Share Price 149.12 03:59 PM | 17 Oct 2024 -1.64(-1.09%) Suzlon Energy Share Price 73.01 03:59 PM | 17 Oct 2024 -2.04(-2.72%) IREDA Share Price 217.71 03:59 PM | 17 Oct 2024 -3.41(-1.54%) Tata Motors Share Price 891.6 03:59 PM | 17 Oct 2024 -15.86(-1.75%) YES Bank Share Price 20.9 03:59 PM | 17 Oct 2024 -0.25(-1.19%) HDFC Bank Share Price 1673.15 03:59 PM | 17 Oct 2024 -26.65(-1.57%) NHPC Share Price 84.95 03:59 PM | 17 Oct 2024 -3.04(-3.46%) RVNL Share Price 489.6 03:59 PM | 17 Oct 2024 10.0(2.09%) SBI Share Price 811.05 03:59 PM | 17 Oct 2024 5.6(0.7%) Tata Power Share Price 450.2 03:59 PM | 17 Oct 2024 -10.25(-2.23%) Tata Steel Share Price 152.4 03:59 PM | 17 Oct 2024 -2.85(-1.83%) Adani Power Share Price 609.1 03:59 PM | 17 Oct 2024 -16.7(-2.67%) PayTM Share Price 696.15 03:59 PM | 17 Oct 2024 -25.81(-3.58%) PNB Share Price 102.46 03:59 PM | 17 Oct 2024 -2.6(-2.47%) Zomato Share Price 270.55 03:59 PM | 17 Oct 2024 -3.7(-1.35%) BEL...

[hfe_template id='11223'] [ad_1] As the noise around whether Indian households are shifting savings away from low-cost bank deposits to higher-yielding mutual funds grows louder, a statistical exercise fails to show a clear correlation between the two. A time series analysis between mutual funds and bank deposits was conducted by Bank of Baroda economist Dipanwita Mazumdar using Granger causality test and Cointegration regression. The test results show no causality between mutual funds and bank deposits and the other way round as well. "Statistical exercises to show a causal relationship do not lead to concrete results. The variables are not cointegrated as well, under different iterations. A plausible explanation could be that the cycles of MF outweighing BD are transient, and a very recent phenomenon. Besides, both the variables have been growing albeit at differential rates," Mazumdar said. Statistical test results Granger Causality test from FY14-19 and FY2...

[hfe_template id='11223'] [ad_1] Retail investors, who are often ridiculed for buying at peak and selling in bear markets, played it smart this time. Suzlon Energy saw small investors book profits in the June quarter even as both the big boys - FIIs and mutual funds - bought. The shareholding of retail investors, who were early birds in the multibagger rally, went down from 25.93% in March quarter to 23.16% in the June quarter. On the other hand, MFs doubled down their holding in the stock from 1.86% to 3.82% quarter-on-quarter. FIIs also increased their stake to 21.53% in the June quarter from 19.57% in the March quarter, up from 17.83% in Q3 FY24 and 10.88% in Q2 FY24. Suzlon Energy’s stock has shown impressive performance, with a nearly 90% return from April to date and over 300% in the past one year. Over the last two years, the stock has surged by more than 1,000%. Aamar Deo Singh, Senior Vice President of Equity, Commodity & Currency at Angel One, advised that ...

[hfe_template id='11223'] [ad_1] 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 20% short-term capital gains tax and 12.5% long-term capital gains tax, the difference in tax rates is now 7.5%, which was 5% earlier (with 15% STCG and 10% LTCG). As a result, PMS funds now need to maintain an alpha of 2% to 4% annually over mutual funds only to match post-tax returns. "If a mutual fund returns 12% a year, for an equivalent post-tax return, a PMS needs to return 13.97%. If a mutual fund returns 15%, the PMS has to make 17.53%. This is based on the assumption of 100% short-term gains in PMS, and that all taxes on capital gains and dividends are removed from the portfolio each year," Krishna Appa...

[hfe_template id='11223'] [ad_1] Chasing trends always seems quite exciting, but what most people tend to be unaware of is the pitfalls of such behavior. An American novelist and poet Jack Kerohouac sums this up well when he says “Great things are not accomplished by those who yield to trends and fads and popular opinion” . When it comes to investing, experts often advise long-term investors to avoid chasing trends as it can potentially derail their financial plan. However, the investor behavior we have been witnessing in the recent past is quite the opposite. In the first three months of financial year 2024-25, approx 33% or one third of the overall gross inflows in equity mutual funds have gone into thematic and sectoral funds. Needless to say, a large chunk of this money has gone into funds which invest in the “hot” sectors and themes. In other words, investors seem to be chasing the trends. Now the important question is: Is this a healthy phenomenon in a country wher...

[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 217.43 04:04 PM | 12 Jul 2024 11.46(5.56%) One97 Communications Share Price 465.95 04:04 PM | 12 Jul 2024 -14.31(-2.98%) YES Bank Share Price 25.6 03:59 PM | 12 Jul 2024 -0.23(-0.9%) ITC Share Price 459.05 04:04 PM | 12 Jul 2024 0.41(0.09%) HDFC Bank Share Price 1622.7 04:04 PM | 12 Jul 2024 0.8(0.05%) Tata Motors Share Price 1016.75 04:04 PM | 12 Jul 2024 -4.05(-0.4%) Zomato Share Price 222.47 04:04 PM | 12 Jul 2024 5.34(2.46%) Adani Enterprises Share Price 3065.45 03:59 PM | 12 Jul 2024 -12.86(-0.42%) Infosys Share Price 1711.75 04:04 PM | 12 Jul 2024 59.05(3.58%) Reliance Industries Share Price 3193.45 04:04 PM | 12 Jul 2024 32.15(1.02%) Adani Power Share Price 709.95 03:59 PM | 12 Jul 2024 -10.75(-1.5%) Vedanta Share Price 449.7 03:59 PM | 12 Jul 2024 2.0(0.45%) Indian Renewable Energy Development Agency Share Price 284.26 03:59 PM | 12 Jul 2024 0.57(0.21%) NHPC Share Price 113.02 04:04 P...

[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 217.43 04:04 PM | 12 Jul 2024 11.46(5.56%) One97 Communications Share Price 465.95 04:04 PM | 12 Jul 2024 -14.31(-2.98%) YES Bank Share Price 25.6 03:59 PM | 12 Jul 2024 -0.23(-0.9%) ITC Share Price 459.05 04:04 PM | 12 Jul 2024 0.41(0.09%) HDFC Bank Share Price 1622.7 04:04 PM | 12 Jul 2024 0.8(0.05%) Tata Motors Share Price 1016.75 04:04 PM | 12 Jul 2024 -4.05(-0.4%) Zomato Share Price 222.47 04:04 PM | 12 Jul 2024 5.34(2.46%) Adani Enterprises Share Price 3065.45 03:59 PM | 12 Jul 2024 -12.86(-0.42%) Infosys Share Price 1711.75 04:04 PM | 12 Jul 2024 59.05(3.58%) Reliance Industries Share Price 3193.45 04:04 PM | 12 Jul 2024 32.15(1.02%) Adani Power Share Price 709.95 03:59 PM | 12 Jul 2024 -10.75(-1.5%) Vedanta Share Price 449.7 03:59 PM | 12 Jul 2024 2.0(0.45%) Indian Renewable Energy Development Agency Share Price 284.26 03:59 PM | 12 Jul 2024 0.57(0.21%) NHPC Share Price 113.02 04:04 P...

[hfe_template id='11223'] [ad_1] ET Intelligence Group: Dalal Street has now acquired a distinct desi flavour, illustrating the power - and allure - of equity for the ordinary Indian saver. It's no wonder, therefore, the share of domestic mutual funds in the overall institutional equity assets under management (AUM) reached a record high. Data from NSDL showed Indian domestic funds' share of total institutional equity rose 224 basis points to 20.89% as of June 2024. This increase is the highest among all institutional categories, marking the fifth consecutive month of expansion for local funds in total institutional equities. The growth in mutual funds' AUM is highlighted by the fact that the expansion in other institutional categories is only a fraction of mutual funds' gains. Institutional funds currently hold approximately 44% of India's total market capitalization, with promoters holding 51% and the remainder owned directly by retail investors. Th...