Indian FM announced a slew of measures to help revive the economy and improve business/investor sentiments with a promise of more measures in the coming days. This is likely to improve investor sentiment and should drive at least a short-term bounce-back. The government has also given a clear signal that it acknowledges the economic slowdown
This budget, presented in the backdrop of a slowing economy, tight liquidity environment, limited fiscal space, and global headwinds in the form of trade-tariff wars, where government's strategy has been to keep the interest rate lower by allowing foreign currency-denominated sovereign debt, which in turn would drive growth through investment.
Mid & Small-cap stocks had a phenomenal run during 2014-17 and therefore funds positioning themselves in these categories attracted money at an unprecedented pace. However, 2018 was not so lucky and Mid/Small Cap funds underperformed in a big way. The retail investors who were riding the bandwagon without realizing the imperative risk involved have been
A Mutual Fund is a professionally-managed investment scheme, usually run by an AMC (Asset Management Company) pooling the savings of a number of investors sharing a common financial goal. The collected money is invested in stocks, bonds or other capital market instruments and the profits or losses are shared by investors in proportion to their