Coming together will strengthen both platforms resulting in a superior experience for customers.  Bengaluru, 9 August 2019:  Bengaluru-based financial advisory startup, Upwardly is merging with leading online investment service, Scripbox. Similar brand philosophies, and a customer-centric approach for creating long...

NBFC Credit flow impacting GDP growth. Scripbox Market Commentary June 2019.

Here’s our assessment of equity and debt markets in April 2019. Equity markets were muted after a strong March. Election outcome and the resulting clarity in terms of policy is expected to guide market direction post April.

The year also witnessed some key changes in fund management, triggered by regulation. This has had an implication on the Scripbox portfolio construction and fund selection algorithms. The following section covers the key triggers and the resulting implication on the Scripbox algorithm.

A few weeks back, investor Thiyagarajan Chandrasekaran posted on a popular financial portal ‘there is no dividend for the month of December-18 and February-19’. Thiyagarajan had put his hard-earned money in a top-rated balanced scheme of a mutual fund and was surprised to know that monthly dividends were not guaranteed.

Mirae Asset India Equity Fund will be renamed Mirae Asset Large Cap Fund. The fund was earlier categorised as a ‘Multi-cap fund’, which meant that it could invest across large, mid and small caps. With this change, it will be categorised as a ‘Large Cap fund’. This means, it will predominantly invest in large cap stocks only.

The Indian Equity market was a mixed bag in 2018-19 (till March 31, 2019) with the key indices providing widespread returns. Though the Nifty was up 16.5% for the year, the Nifty Midcap 100 was down 1.9% and the Nifty...

Here’s our assessment of equity and debt markets in March 2019. Apart from the elections, larger issues having an impact on the market are strong buying by foreign portfolio investors (FPI), a stronger rupee, and the banking sector logjam.