Stocks like V2 Retail, Gravita India, Geojit Financial Services and Shakti Pumps have turned out to be multi-baggers
'Buy on dips' strategy continues to be the mantra of India's equity mutual fund managers. Flushed with cash, domestic fund managers continued to be strong buyers, even as foreign institutional investors (FIIs) cash out.According to the statistics available with Securities and Exchange Board of India (Sebi), fund managers have already pumped over Rs 9,000 crore in stocks so far this month. Domestic mutual funds (MFs) have said to intensify their buying in the last two trading sessions, when the benchmark indices have come off nearly three per cent.Fund managers told Business Standard that they stepped up buying amid as the latest correction has provided opportunities to buy several stocks. However, they maintain these are stock-specific calls in counters that have corrected much more than the broader market."There have not been any major corrections in recent months which could erode, say, a tenth of the market value. In case that happens, it will be a healthy correction and one may ...
Industry men say Janalakshmi in process of raising equity capital to improve its financial situation
Industry men say Janalakshmi in process of raising equity capital to improve its financial situation
SIP inflows were 44% higher compared to the corresponding month of last year
It was a long-standing demand of Amfi to help generate a better connect with investors
Failures in opening a/cs till fund houses adapt to the new Central Know Your Customer system
Don't go overboard on mid-cap funds as volatility is expected in the first half of 2017
This is on top of an additional 59 lakh folios in the FY 2015-16 and 22 lakh in the FY 2014-15
Industry insiders attributed the latest inflow to positive investor sentiment
It is important to know the cost of acquiring and maintaining any asset class, as it can have an adverse impact on returns