SEBI cuts down expense ratio of fund houses

SEBI cuts down the expense ratio of fund houses: how will this help you?

by Groww • September 21, 2018

Tuesday, September 18, 2018, shall be marked as Diwali. Well, this is not the Diwali you are thinking of, this is the festival, particularly for the investing community. The market regulator came up with a circular that has instructed the Asset Management Companies (AMCs) to reduce their expense ratios. What has happened? Securities and Exchange […]

Tribunal Rules in Favour of SpiceJet in Rs.1323-Crore Spat

by Sugam Singla • July 23, 2018

What is the first thing that comes to your mind when I say SpiceJet? To sum it up in a tagline, it would be, Fly cheap, fly SpiceJet. Lately, there has been controversy surrounding Spice Jet. An arbitration tribunal has rejected the Rs 1323-crore damage claim from SpiceJet Ltd. It has also denied a bid by Kalanithi Maran […]

Biggest Mobile-Phone Plant Overshadows ‘Make in India’ Failure

by Sugam Singla • July 19, 2018

After a great marketing campaign by the PM of India, Narendra Modi, the ‘Make in India’ initiative just isn’t ready for the world. World’s Largest Mobile Phone Plant Last week, PM Narendra Modi and South Korean President Moon Jae-In celebrated the inauguration of Samsung’s largest mobile phone factory. During the event, Modi said the facility […]

India’s Growth Remains Quite Robust into Future- IMF

by Sugam Singla • July 18, 2018

The IMF, (International Monetary Fund) has said that India’s growth will remain robust in the future. Although, the IMF has downgraded the country’s growth projections for 2018-19, due to high oil prices and a tight monetary policy regime. This definitely helps in building trust among foreign investors and thus, helps in making Indian economy far […]

China’s Slowing Economy Spells Trouble for Global Growth

by Sugam Singla • July 17, 2018

Amidst an escalating trade war, China’s economy is cooling down which is sending jitters across global markets and making the them more volatile. The Slow Down With an ongoing campaign to reduce credit, the growth of the world’s second-largest economy has slowed down quite a bit. The Chinese economy grew at an expected rate of […]

Mukesh Ambani Topples Jack Ma to Become Richest Man in Asia

by Sugam Singla • July 16, 2018

Mukesh Ambani, MD of Reliance Industries, overtook Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries Ltd. to conquer the e-commerce space in India. $44.3 Billion Dollar Worth The chairman of India’s largest conglomerate has made major contributions in the telecom and refining sector and is estimated to be […]

Why Is the Infrastructure Sector Performing Poorly?

by Sugam Singla • July 14, 2018

Due to the concern of project financing and macro risks involved in an election year, infrastructure shares have performed dismally this year. The Impact The stocks of companies, including Dilip Buildcon Ltd., KNR Constructions Ltd. are down to 20-40 percent in 2018. This contrasts to nearly 5% gain in benchmark Nifty 50. Reasons Behind This Movement: […]

best mutual fund platforms

Nifty Jumps 1000 Points, Sensex at an All Time High

by Sugam Singla • July 12, 2018

It’s a great day for Indian investors as Nifty  reclaimed 11000 points and Sensex touched an all-time high. Nifty 50 has gained more than 1000 points which cumulated over 76 sessions to chart this journey. Reasons “The market rallied on the back of short-covering (buying in of stocks against short selling) and buying in selective stocks, […]

USA to Impose $200 Billion Tariff on Chinese Goods. How Will it Affect India?

by Sugam Singla • July 11, 2018

The Trade Tariffs Today, the Trump administration has pushed ahead a plan to impose a tariff on additional $200 billion on Chinese goods by releasing a list of targeted products, escalating a trade war between the two superpowers that may soon hit American consumers directly. How Did The Chinese Market Respond? The US move sent […]

Why My Investment Amount Is Showing Lower in HDFC Hybrid Equity Fund After Merger of the Scheme?

by Shikhar Singh • June 18, 2018

I invested Rs. 10,000 on 1st May in HDFC Balanced Fund. On 1st June, it got switched to HDFC Hybrid Equity Fund. But it shows only 9,798 invested value in HDFC Hybrid Equity Fund. Answer Good observation but rest assured you haven’t lost any money due to the merger. Actually switch is like selling one […]

Sensex falls further by 300p, Floor Test Ordered In Karnataka: 18th May 2018

by Groww • May 18, 2018

Here is a summarization of all that you need to know about the markets today. 18th May 2018 ▲▼ Sensex Today: 34,848.30 Down by: 300.82 ▼(0.86%) Nifty Today: 10,596.40 Down by:  86.30▼ (0.81%) BSE Midcap Index: 15,895.68 Down by: 237.32▼(-1.47%) BSE Small-cap Index: 17326.78 Down by: 285.11 ▼(-1.62%) Top Gainers Bajaj Finance, Bajaj Finserv, Tech Mahindra, HUL,Kotak Mahindra Bank Top Losers Cipla, Wipro, ICICI […]

Karnataka gets new CM, Sensex falls nearly 250p, RComm climbs 65%: 17th May 2018

by Groww • May 17, 2018

Here is a summarization of all that you need to know about the markets today. 17th May 2018 ▲▼ Sensex Today: 35,149.12 Down by:  238.76▼ (0.67%) Nifty Today: 10,682.70 Down by:  58.40▼(0.54%) BSE Midcap Index: 16133.00 Down by: 108.14▲(0.67%) BSE Small-cap Index: 17611.89 Up by: 75.88▲(0.43%) Top Gainers Bajaj Finance, Bajaj Finserv, Coal India, Bharti Infratel,Sun Pharma. Top Losers Career Point, Crest […]

SBI Small & Mid Cap Fund Is Open for SIP! Every Detail You Should Know About This Top SBI Mutual Fund

by Groww • May 17, 2018

SBI Small & Mid Cap fund was suspended for new investments in October 2015. It will now reopen for fresh subscriptions from 16th May 2018, allowing people to invest via the Systematic Investment Plan (SIP) route. SBI Small and Midcap Fund is available for SIP online on Groww. Name & Category Change SBI Small & Midcap […]

Sensex Down 150p, PSB bleeds, Karnataka Poll Uncertain:16th May 2018

by Groww • May 16, 2018

Here is a summarization of all that you need to know about the markets today. 16th May 2018 ▲▼ Sensex Today: 35,387.88 Down by:   156.06▼ (0.44%) Nifty Today: 10,741.10 Down by:  60.75 ▼(0.56%) BSE Midcap Index: 16024.86 Down by: 43.71▼ (0.27%) BSE Small-cap Index: 17536.01 Up by: 10.56▲(0.06%) Top Gainers HUL, Lupin, ITC, Wipro, Yes Bank. Top Losers Morepen Lab, Syndicate Bank, Punjab National […]

Karnataka Elections Results: Sensex and Nifty

by Devyani Mishra • May 15, 2018

The Karnataka  Assembly elections held on 12th May has roused political apprehension in the country. As of now,BJP is leading in 108 seats, followed by Congress leading in 73 seats, and JDS leading in 38 seats. Other parties are leading in 3 seats. Congress has said it will support JDS.  Note: The results are subject […]

IndoStar IPO: Everything You Need to Know

by Mridul Agrawal • May 7, 2018

IndoStar Capital Finance Ltd- a Mumbai based non-banking finance company- is all set to launch its ₹1,844 crore IPO on May 9. This IndoStar IPO comprises a fresh issue and an Offer-for-Sale (OFS) by promoters. For those who understand this industry and want to invest, the question here that needs to be addressed – is […]

Indian Infrastructure Sector: Health and Opportunities (2018 Update)

by Pijush Biswas • April 14, 2018

The development of a country’s infrastructure is vital to the growth of its sectors and the overall economy. The infrastructure sector is a key driver for the Indian economy. The increased spending in this sector has a multiplier effect on overall economic growth as it necessitates industrial growth and manufacturing. This in turn boosts aggregate […]

Narmada Agrobase IPO: All You Need to Know

by Ankit Jain • April 4, 2018

The agricultural sector of India is been viewed very bullishly by many. In recent times, stocks belonging to the agricultural sector have performed exceptionally too. For those who understand this industry and want to invest, the question arises – is Narmada Agrobase IPO a good investment? Read the below article to understand if this IPO […]

Rajat Jain of Principal Mutual Fund Comments on the Markets

by Groww • April 3, 2018

Rajat Jain, CIO of Principal BNP AMC on the current market conditions: Believes large PSU banks are run as well as any private bank. Says Midcap IT stocks have done well. He has cut underweight position substantially. Rural consumption is holding well. Expects two-wheeler companies to continue performing well in the future. Believes midcap stocks will […]

Name Change of Reliance Mutual Funds: 8 Changes You Should Be Aware Of

by Shikhar Singh • April 1, 2018

Reliance Mutual Fund, like many mutual fund companies, is changing the names and categories of some of its mutual funds. This is happening after a recent circular by SEBI. This move by SEBI aims to make investing simpler for investors. The new rule states that every mutual fund company can only have one mutual fund offering […]