Investing in overseas markets is a great way of diversifying your portfolio. By spreading investments across countries, you can mitigate risks associated with domestic market concentration and benefit from growth opportunities in different regions. It also allows you to tap sectors and industries that may not be well-represented in India, making for a more balanced … Read more
A Fund of Funds (FoFs) is a mutual fund that invests in other mutual funds or ETFs instead of directly in stocks, bonds, or other securities. They come in various types, such as equity-oriented, debt-oriented, hybrid, international, thematic or sectoral, ETF-based, and commodity fund of funds, each catering to different investor needs and offering diversification. … Read more
Although buying inflation-protected bonds to protect against inflation does not seem unreasonable, it would have been a spectacularly unprofitable move during the latest bout of inflation. One hundred dollars put into inflation-protected Treasuries in December 2021, when investors first saw American core inflation reach 5%, would have been worth just $88 a year later. Even … Read more
That year, Reliance Mutual Fund (MF) embarked on an organizational restructuring— a journey that ultimately ended with the Japanese insurer Nippon Life Insurance buying out Reliance’s stake in the asset management company (AMC). It was also in 2003 that Sundeep Sikka joined Reliance MF, now known as Nippon India MF, in a senior leadership role. … Read more
Mutual funds in India are not explicitly permitted to invest in overseas mutual fund units, which have exposure to Indian securities. As a result, several mutual funds refrain from doing so. Capital markets regulator Sebi has noted that, in view of the strong economic growth prospects of India, Indian securities offer an attractive investment opportunity … Read more
Mirae Asset Mutual Fund (Mirae Asset MF) has cautioned investors looking to purchase units of its overseas exchange-traded funds (ETFs), noting that these ETFs are currently trading at a premium. This is due to restrictions on market makers, which prevent them from buying fresh ETF units from the fund house and selling the same on … Read more
At the end of the Mahabharata war, Yudhishthira, the leader of the Pandavas, is overwhelmed with guilt and grief over the massacre of his relatives. Looking to boost his flagging spirits, Lord Krishna and sage Vyasa advise him to perform the Ashvamedha Yagna—an extravagant and elaborate ceremony meant to demonstrate the suzerainty of Vedic kings. … Read more
Fund of funds (FoFs) that invest in overseas exchange traded funds (ETFs) will stop accepting fresh inflows from 1 April as the mutual fund industry is close to hitting its $1-billion limit to invest in overseas ETFs. However, investors can still diversify globally as some international funds have headroom to invest in international stocks. These … Read more