How mutual funds prepared to ride out market volatility

Mumbai: Indian mutual fund managers say that they were not caught unawares by the sharp volatility in recent days, but had prepared for it by reducing their exposure to small-cap stocks and moving towards blue-chips. According to data from ValueResearch, 29 out of 52 multi-cap funds increased their large-cap stocks’ exposure between September and December, while […]

Stock plunge deepens in Asia after US sell-off

Sydney: Asian stocks plunged for a second day and US stock futures continued to decline after a frantic sell-off in equity markets sent the Dow Jones Industrial Average to its biggest loss in six and a half years Monday. Treasuries pulled back after a rally. Japan’s equity benchmarks plummeted almost 5% and stocks across the region […]

Listed equity AIFs: new flavour, or a me-too?

With equity markets scaling all time highs, listed equity stocks are attracting an increasing number of investors. The latest managed equity portfolio product in the market are the long-only listed equity  Category III Alternative Investment Funds (AIFs). AIFs are managed funds regulated by the Securities and Exchange Board of India (Sebi) and Category III AIF […]

Infrastructure firms cash in on higher risk appetite in equity markets

Lately, infrastructure companies have been queuing up to raise funds through the equity route. Road construction company Bharat Road Networks Ltd just closed its initial public offer (IPO) with a subscription of 1.8 times. Another company that undertakes building construction projects—Capacit’e Infraprojects Ltd—is planning to raise about Rs400 crore through an IPO this week. It’s […]