Since the scheme’s debt component would be restricted to just 35 percent, it would be managed conservatively, says Dinesh Ahuja, debt fund manager for the fund. “We will stick to high-quality AAA-rated names, and if there is a potential to generate alpha in AA or AA-plus rated corporate bonds, we would consider high-quality names in that segment,” he says. … [Read more...] about SBI Magnum Children’s Benefit Fund (Investment Plan) NFO: Should you invest?
Cpf lifetime retirement investment scheme
"Currently, a large portion of the portfolio will be invested in large-cap stocks (approximately 50 per cent-70 per cent); exposure to mid-cap stocks will be in the range of 30-50 per cent, while the proportion invested in small-cap stocks will be in the range 0-20 per cent of the portfolio,” says Saurabh Nanavati, chief executive officer, Invesco MF. … [Read more...] about Invesco India Focused 20 Equity NFO: Should you invest?
“While our commitment towards our valued employees remains unshakable, we are deeply desirous of skilling the unemployed youth of the country, as is evidenced by the fact that we are the only bank in the country which has onboarded Apprentices under the National Apprenticeship Scheme of Govt of India,” SBI said. … [Read more...] about Voluntary retirement scheme not intended for cutting workforce, says SBI
"Coronavirus still poses a significant threat but recent visibility of the COVID vaccine provides confidence to the market. We expect the high quality of beaten-down stocks would out-perform the largecap stocks," said Amarjeet Maurya, AVP - Mid Caps, Angel Broking. … [Read more...] about About 80% PMS schemes outperformed Nifty in August, rise up to 25% MoM
In its recent update to investors on the schemes under wind-up, earlier in the day the fund house shared that it had received another Rs 1,498 crore from maturities, pre-payments and coupon payments in two weeks (between August 15, 2020 and August 31, 2020). … [Read more...] about Franklin Templeton Mutual Fund schemes receive Rs 146 crore from Vodafone Idea