Presenting ABSL Equity Advantage Fund (erstwhile ABSL Advantage Fund)
SEBI’s recent exercise on categorization of mutual fund schemes is a right step taken towards standardising definitions, classifications and nomenclatures. Small investors will now have much greater clarity when they are investing in equity, debt or hybrid funds. Fund nomenclatures will actually reflect what the fund composition is. The new norms have brought in a new segment – Large and Midcap funds. These funds need to invest a minimum of 35% of total assets in Large caps and in Mid-caps each.
What are Large & Midcap Funds?
As mentioned earlier, they invest a minimum % as a mandate in Large and Midcaps companies, while being diversified in terms of sectoral exposures. Given the extent on bias towards, Large cap or Midcap for the balance 30% of the portfolio, they either turn out to be ‘more aggressive’ Diversified funds (if balance 30% goes to large cap) or Conservative Midcaps (if balance 30% goes to Mid/small caps). The larger funds in this peer set are likely to be more in line with the 1st category.
Denne historien er fra July 2018-utgaven av Investors India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra July 2018-utgaven av Investors India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
ASK THE EXPERT
Ques. One of my friends told me that your company provides detailed Retirement plans. I want to know what is the procedure to get my Retirement plan. I will be retiring in March 2025. R.P Gupta, Noida
How to Naturally Reverse Fatty Liver Disease
The liver, located on the upper-right side of the abdomen, is the body’s largest internal organ and plays a critical role in detoxifying the blood and processing nutrients.
Banking sector which has underperformed in the last two years, now offers a favorable risk-reward profile
Do you think the market is overpriced? Is yes, should investors refrain from investing in index schemes at the current valuation?
India will continue to enjoy benefits of a close US relationship and trade will continue to grow
Q1. The US elections are said to be one of the closest till date, what impact will the election of a Republican / Democratic party have on the US economy and how is that going to affect India in the short as well as the long term?
Understanding Momentum Funds
Momentum funds are a type of investment fund that focuses on companies experiencing positive momentum in factors such as earnings, revenue, and stock price movement.
Risks and opportunities associated with Small Caps
Small-caps are a stock-picker’s paradise.
How to navigate your portfolio through bull market a
Indian equities have been in a bull run for the past four years.
Choosing mutual fund schemes depending on your age to achieve life goals
The choice of mutual fund (MF) scheme might be influenced by one’s risk profile or age.
Thematic Fund Or Sectoral Fund, Which Fund Suits You?
A thematic fund is a type of mutual fund that focuses on investing in companies based on specific themes or trends.
Be Kind To Your Kidneys
The kidney is a vital organ in our body which is four inches long and two and a half inches in width.
