Download the full report to take a look at the detailed analysis of Mutual Fund flows for the month of June 2020.
There has been an introduction of the following regulatory changes:
Due to these changes, overnight and liquid funds are losing their attractiveness.
What is the impact and way forward for institutional investors who have a longer investment horizon?
Finance Act 2019 have made several amendments to the Indian Stamp Act 1899.
With this change, stamp duty will be applicable on mutual fund units, effective from 1st July 2020.
Will our mutual fund investors contribute more towards the economic reforms? Check out our anaylsis report on mutual fund returns.
This report analyses the inflows/outflows to the major Mutual Fund categories over the past 3 months.
What is evident is that money was chasing quality assets.
The government on Friday evening steeply revised upwards its 2020-21 borrowing programme by 53.85% to Rs 12 lakh crore. It was earlier estimated to be Rs 7.8 lakh crore, indicating that the Centre is giving shape to an imminent and sizeable fiscal package to arrest the COVID-19 related slowdown.
The above revision in borrowings has been necessitated on account of the COVID-19 pandemic.
Here is our take on the revised borrowings and what RBI can do next…
Relative Strength Index or RSI is a price momentum oscillator used widely in Technical Analysis of stock prices. This series strives to explain practical application of RSI without going into nuance of mathematics in constructing RSI.
RSI should be applied in conjunction with the current state of stock as RSI behaves differently in trending stock and in range bound stock. Thus RSI behaviour can provide insight into Trending/Trendless state of Stocks and Indices.
Please read the complete report to understand the importance of this indicator with stock examples.
SEBI released a circular dated 30th April 2020 defining the relaxations on compliance requirements for Mutual Funds. Official circular can be found here.
All these changes have an effect on the markets. Here is our impact analysis of the effects on the market when these regulations are implemented.
The financial industry in India is seeing some unusual and even some unprecedented events due to COVID19. As everyone is trying to maintain some sanity, Franklin Templeton takes an unexpected step by closing six debt fund schemes. This has definitely shaken up the Indian Mutual Fund industry.
Here’s our take on what lead FT to take this step.
We have all been reading about India VIX in the news. But what is VIX and what does it really mean?
In a nutshell, India VIX is a volatility index based on the NIFTY Index Option prices. The index measure the expected market volatility over the next 30 calendar days.
Read our complete article to understand how COVID affected India VIX.
A comparison of the yield between the two capital instruments, equity and debt, can be used to assess the risk-reward for investing. This tool has been a very important indicator to identify the bottom of the equity market. Whenever the earnings yield has crossed bond yields, healthy equity returns have followed.
In the last 20 years, this is the third instance where this has happened. Read on to know more…