Cash is also a position – says the old school investing wisdom. As interest rates get closer to zero or even negative in many developed economies – especially on very short-term instruments – many may question using cash as a position. However, many equity funds do have cash in their portfolio. … [Read more...] about How funds vary cash holdings to manage market volatility
Mason asset management
In the last five years, fund managers have delivered 4.2-6.8 per cent annually on the equity portion, according to data from Value Research. HDFC and Kotak’s pension funds were the ones that delivered in excess of 6 per cent over this period. This compares favourably with the large-cap mutual funds category, which delivered 5.5 per cent on an average in the last five years. The Sensex has delivered about 6 per cent during this time. … [Read more...] about Have fund managers delivered on the equity portion of NPS?
Stripe does have presence in India, but has not taken off in the highly competitive domestic payments market yet. Razorpay and Cashfree, both Y Combinator-backed companies, are its competitors here. Stripe offers all forms of digital payments be it pay outs for businesses, consumer transactions, online payments, offline payments and many others. … [Read more...] about Chennai born Dhivya Suryadevara assumes top finance role at payments startup Stripe
In the last few days, India's three large private financial firms - HDFC, Axis Bank and ICICI Bank - chose the qualified institutional placement (QIP) route to raise Rs 35,000 crore, cumulatively, to meet their needs during such stressful times of the COVID-19 pandemic. … [Read more...] about Big lenders HDFC, Axis Bank and ICICI Bank go the QIP way to raise Rs 35,000 crore; what does the trend indicate?
Pension fund managers have delivered robust returns of 10.44-11.85 per cent annually on the G-sec portfolio, according to data from Value Research. This scheme invests primarily in central and state government securities. LIC Pension fund stood out as the outlier, yielding returns of close to 12 per cent annually over five years. Gilt mutual funds category managed only about 9 per cent on an average in the same period. … [Read more...] about NPS funds ride the gilt rally, deliver double-digit returns on g-sec schemes