In its release on September 13, Sebi alluded to this large-cap bias in multi-cap schemes. “Multi-cap schemes had flexibility in terms of allocation to large-, mid- and smallcap stocks. However, it has recently been observed that some multi-cap schemes have skewed portfolios, with over 80 percent of investment in largecap stocks akin to largecap schemes, and some multi-cap schemes have near zero or insignificant asset allocation to smallcap companies,” Sebi stated. … [Read more...] about Sebi says mutual funds can merge multi-cap schemes, or re-position under different category
Large cap growth t rowe price
Q: How has Max Life's fund performance been? What is the investment strategy?At Max Life Insurance, overall prudence across all the asset classes has helped us gain leadership across our funds in the previous year where out of our nine active funds, Morning Star has rated seven of our funds 5-star or 4-star and two are rated 3-star. Our investment performance last year was the result of outperformance in all three attributes of fund performance ie asset-class performance, sector selection and stock selection. Most of our funds have done well versus the benchmark and peers in one-year to 5-year timeframe.In equities, our strategy is to focus on quality companies with our GARP (Growth At Reasonable Price) philosophy. For fixed income, we prefer duration management compared to credit risk. Moreover, for fixed income, we follow different investment strategies for Traditional and Unit Linked Schemes (ULIP) in that for Traditional Funds, Asset Liability Management is the key driver for our … [Read more...] about ‘Market looks frothy but value stocks may outperform growth ones in short term’
Citing the example of the Kotak Standard Multicap Fund scheme, which has an AUM size of Rs 29,714 crore, has just 1 percent exposure to smallcap funds. Its exposure to midcap space is 18.3 percent. It means that the fund manager must allocate Rs 7,000 crore to smallcap category and around Rs 2,000 crore to midcap category, while the largecap category of this scheme will see an outflow of at least Rs 9,000 crore. … [Read more...] about Sebi’s multi-cap fund norms may see Rs 25-35K crore move from largecaps to mid and smallcaps
A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine. … [Read more...] about Explained | What is the 12-minute ad cap that TRAI is asking TV channels to follow?
Competition for the Hero Maestro Edge comes in the form of the Honda Activa 6G and the TVS Jupiter. The standard variant of the Maestro is priced at Rs 60,950 while the alloy wheels variant gets a sticker of Rs 62,450 (ex-showroom, Delhi). … [Read more...] about Hero Maestro Edge 110 scooter gets a starting price of Rs 60,950