A budget is an important event – It signals the direction in which the government is moving. It gives us an insight into their thinking. We take a look at this budget through the lens of “Does this budget help realize the India I want”.

The swearing-in of Biden and the stimulus package planned, Sensex hitting 50,000 and TCS becoming the second Indian company with a Rs12 trillion market cap were some of the highlights of the month.

In Sep 2020, SEBI had tweaked the investment mandate of Multi cap Funds. As per the circular from SEBI, multi-cap funds are required to invest at least 25% of their assets each in large, mid and small cap stocks.

As stimulus packages were released globally and the world wonders about a new strain of the Coronavirus even as multiple vaccines become accessible, the year is ending with markets staying cautiously optimistic.

While market volatility continues, there was no drastic fall despite the IMF revising their predicted contraction of India’s FY ‘21 GDP from 4.5% to 10.3% from the June forecast of 4.5%.

9 out of 10 Indians say that financial health has a profound impact on their well-being, and yet only a minority of Indians invest their hard-earned money. A recent survey conducted by us at Scripbox, on the occasion of #WorldSavingsDay, produced some interesting insights on one’s relationship between wealth and well-being. Read on.

The markets are turbulent, largely because of global factors. The uncertainty over the US stimulus, combined with the consistent commentary that the markets are not in sync with the economy, and a second wave of Covid cases, meant that investors are nervous about business growth.

There has been a change in the minimum investment required in companies of various market capitalisations, in multi cap funds.