Our analysis suggests that many of the larger companies, leading the Nifty, continue to grow at rates higher than nominal GDP growth and are trading at valuations that are reasonable. Moreover, as and when the economy recovers, growth rates will be stronger than long term expected growth rates as companies start re-stocking their inventories.
News That MattersNot all News Matters. This is where we share news with you that can impact your money.
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.
It’s never too early to start planning for your retirement. As the saying goes, you can retire from work, but you needn’t retire from life. Managing your daily expenses and lifestyle desires, like travelling and spending on grand children is a part of what planning your retirement finances can help with.
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.