As investments in the underlying securities of an international fund are in a foreign currency, they are exposed to currency risk. Investors must understand the implications of currency fluctuation before investing since a depreciation or appreciation of the Rupee can result in a potential capital gain or loss. … [Read more...] about Like Amazon, Google, Facebook? Allocate 10-15% equity funds to global stocks
Mining private equity
As per company's red herring prospectus (RHP), the company had previously raised Rs 100 crore in a pre-IPO placement in March with Malabar India Fund, White Oak, Kotak Infina, Axis AMC, Mirae Asset, Sundaram Mutual Fund, IIFL and ICICI Lombard General Insurance. … [Read more...] about Rossari Biotech’s Rs 500 crore IPO: Here are 10 key things to know
Das’ comments are significant in the context of vulnerabilities building up in the financial system among banks and NBFCs. In the last two years, the financial system has witnessed crisis situations in some large institutions including Infrastructure Leasing & Finance Services, DHFL and Yes Bank. Besides that there have been a number of cases in the co-operative banking sector including the case of Punjab and Maharashtra Co-operative (PMC) Bank. Das said the RBI is still engaged with all stakeholders to find a workable solution to save PMC bank. The stress levels of financial institutions are likely to increase in the wake of Covid-19. … [Read more...] about After Yes Bank fiasco, RBI governor sees merit in creating resolution corporation: How critical is the idea?