Here is the story of how they did it and what their funds' performance means for investors
Here is the story of six fund managers and what their funds' performance means for investors.
These funds dynamically manage their equity portfolios, investing more when markets are down.
HDB Financial, the company that gives out personal loans, car loans and does recovery services, is being traded in private deals at anywhere between Rs. 500 to Rs. 550 apiece, valuing it around Rs. 45,000cr.
Wealth managers believe that existing investors can continue to invest in equities.
The philanthropic trusts have so far stayed away from third-party asset managers because of low risk appetite.
Over the last six months, the fund has exited Indian Oil and added Lupin to its portfolio.
It is important for investors to know the difference between growth fund and value fund
Growth funds buy growth stocks. The companies in the portfolio are expected to grow at a rate faster than the overall stock market.
Fund managers tend to hold higher levels of cash when they feel a correction is in the offing.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon