A group of ministers (GoM) has recommended significant changes to the Goods and Services Tax (GST) structure for 150 goods and services, including textiles. Particularly, the tax rate on tobacco and related products and aerated drinks is expected to increase from the current 28% to 35%. For textiles,…
View on market: Volatility Prevails, Market is searching for better value Asian markets rallied strongly, taking cues from a robust overnight performance on Wall Street, where technology stocks drove major indices higher. The S&P 500 and Nasdaq extended gains to hit fresh peaks, although the Dow Jones registered…
What is Kotak Nifty 50 Equal Weight Index Fund? Nifty 50 Equal Weight Index Fund is an open-ended scheme replicating/tracking the Nifty 50 Equal Weight Index. Investment Objective:The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as…
About The Fund The Quantum Ethical Fund is an open-ended Equity Fund that invests in companies meeting an Ethical Set of Principles with the objective of achieving long-term capital appreciation. Our proprietary screening framework ensures that every portfolio investment stands high on Ethical & Integrity parameters. With Quantum…
View on market: Volatility Prevails, Market is searching for better value Stocks in the Asia-Pacific region opened higher on Monday, reflecting Wall Street’s strong performance, which ended the previous month on record highs. Global focus remains on emerging market currencies after the U.S. President-elect urged BRICS nations to…
View on market: Volatility Prevails, Market is searching for better value Stocks in the Asia-Pacific area declined in the initial session on Friday because of escalating tensions in geopolitics. The warning concerns possible new launches of ballistic missile strikes aimed at Kyiv after the recent Russian attacks on…
Key Features: (source: https://www.unionmf.com/) Union Active Momentum Fund NFO Details Mutual Fund Union Mutual Fund Scheme Name Union Active Momentum Fund Objective of Scheme The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are…
View on market: Volatility Prevails, Market is searching for better value Asia-Pacific shares end mixed on Thursday after tracking Wall Street’s performance. U.S. stock markets were down, especially, the tech-heavy ones: such stocks were sold off. This decline was partly in response to new economic data which suggests…
The paradigm of financial planning has changed a lot over time. In the past, the formula for financial health was simple: Income - Savings = Expenses. People focused on saving first because priorities in life made their financial goals clear. However, this approach has evolved. Today, many individuals…
What is in DSP Business Cycle Fund?: DSP Business Cycle Fund focuses on identifying strong industry cycles and dynamically positioning to benefit from them. The investment decision is made using a combination of Excess Returns + Valuations + Profitability & Cashflow Drivers + Industry Ownership (wherever applicable). Given…