LARGE CAPS
One ratio which helps in bullish, confusing & 'sectoral bearish times': 4 stocks for long term investors
It has made to headlines many times, one sector which is facing the brunt of selling from FPI, no prize for guessing it. It is financial services, stocks including banks. When a sector comes under pressure due to selling by one set of investors then sometimes, a narrative gets created that every stock in that sector should be avoided. But the fact if the fundamental of that sector are intact and improving, these phases of selling are probably an opportunity. Now the question comes which stock should be looked in and how much more should be paid for the stock. One of the ways is to determine by dividing a company’s PE multiple with its growth ratio. Look carefully at PEG ratio which in the long-term indicates many things in a better manner than most other alternatives like PE which tend to create a mirage of value.
PSU stocks HUDCO, Cochin Shipyard among 13 additions into FTSE All-World index
FTSE announced changes to its All-World Index on Friday, adding 13 Indian stocks, the highest from any country. The new additions include Bank of Maharashtra, Central Bank of India, Cochin Shipyard, Hitachi Energy India, HUDCO, KEI Industries, and Motilal Oswal Financial Services. Additionally, 14 Indian stocks were added to the FTSE Large Cap Index, including Bharat Dynamics and Dixon Technologies.
63% equity mutual funds fail to beat benchmarks in 3 years
Around 63% of equity mutual funds have failed to surpass their benchmarks in the last three years, with mid-cap funds performing the worst. Only 78 out of 213 funds outperformed. Small-cap and flexi-cap funds also lagged, with significant underperformance noted across various categories. Investors should carefully consider this before making decisions.
ETMarkets PMS Talk: How this fund manager gave over 60% return to HNI investors in 1 year using eQGP approach
Alchemy Smart Alpha 250 delivered a 61.8% return in its first year, surpassing the benchmark's 35%. Fund Manager Alok Agarwal attributed this success to the eQGP framework, which balances quality, growth, and price action based on market conditions. The fund focuses on large and mid-cap stocks, aiming for stable yet high growth potential.
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NFO Monitor: ITI Mutual Fund launches Large & Mid Cap Fund
ITI Mutual Fund has launched ITI Large & Mid Cap Fund, an open-ended scheme investing in India's top 250 companies. It aims to deliver long-term capital growth by leveraging structural, cultural, and digital factors driving the country's urbanization, increased income levels, and higher discretionary spending.
Large and midcap funds likely to witness heightened activity during volatile market: ICRA Analytics
The large and midcap funds are likely to be a big draw for investors in the coming days amid increased volatility in domestic markets following escalating geopolitical risks and global uncertainty. The possibility of having a diversified portfolio coupled with good returns is attracting investors to such funds, according to a press release by ICRA Analytics.
Looking to pick only one index fund? Radhika Gupta shares an idea
Edelweiss Mutual Fund CEO Radhika Gupta recommended the Large and Midcap 250 Index as a top index fund choice for investors aiming for broad economic coverage. Gupta's suggestion came in response to confusion expressed by Mahesh, an AMFI-registered distributor, regarding the various available index fund options for investors.
What fuelled the stock market volatility in August?
The Nifty 50 index became volatile after reaching a record high on the initial trading day of August due to different factors, such as the unwinding of the yen carry trade. ET Wealth examines the reasons behind the recent volatility.
Ignoring mid-caps is not an option, and being selective is a necessity: 6 stocks from different sectors with an upside potential of up to 38 %
A recent report suggested that for the first time, the AUM of Midcap mutual fund schemes have gone above the AUM of large cap mutual fund schemes. There are two ways to look and interpret this. First, that too much money has gone into mid-cap mutual funds and it is time to be cautious. The other way to look at it is that finally mid-cap stocks have reached a level where institutional investors are able to find opportunities to invest and that is why they are coming with more schemes and more money is being collected in mid-cap schemes. Beside the above two, there is a third way to look at it, which is pragmatic: India's growth story is incomplete without mid-cap as these are the companies which are either emerging or re-emerging with their operating matrix turning better due to a couple of factors.
Fund Managers pick cement, power, niche growth plays
In July, fund managers turned cautious as the Nifty 50 crossed 25,000 and mutual fund inflows remained strong. They focused on large-cap stocks in sectors such as infrastructure, cement, and power, choosing companies with reasonable valuations and growth potential. Significant cement acquisitions led to a favorable outlook for stocks like ACC.
Midcap funds get ahead of largecaps in AUM race
Midcap funds have surpassed large-cap funds by 0.6 percentage points in AUM share, reaching 12.9% of total equity AUM. This growth, driven by market appreciation and fresh inflows, places midcap funds as the third-largest category after sectoral and flexi-cap funds, according to data from the Association of Mutual Funds in India.
Midcap funds AUM zooms past large-caps on sustained inflow
According to AMFI data, mid-cap funds now surpass large-cap funds by 60 basis points in assets under management, accounting for 12.9% of total equity AUM compared to 12.3% for large-cap funds. This marks a significant shift from 2020, when large-cap funds held a 20% share. Increased inflows and market appreciation contributed to this growth.
Rural consumption: There is more to it than FMCG.10 stocks which get impacted with an upside potential between 18 to 41%
The perception is that if there is recovery in the rural economy, the FMCG sector would be the biggest gainer. Yes, it would be one of the gainers. But a bank or financial services company along with a power company would also see an impact when the rural economy does well ? Probably Yes. So, rather than buying just FMCG stocks which are quoting at a price earning multiple of 75, will it be better to buy a basket of stocks which includes some direct well known beneficiaries and some indirect ones. Probably Yes. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
ETMarkets Smart Talk: Investment strategies for 2024 - From IT as a dark horse to consumer discretionary plays
As we have mentioned, the market will likely adjust to the fundamentals soon, and style and sector rotation will play a meaningful role in generating alpha. We believe that the margin of safety in mid and small-cap stocks has reduced compared to six to seven months ago. Due to some global selloff, we saw some nervousness yesterday.
Best large & mid cap funds to invest in August 2024
As per the Sebi mandate, large & mid cap schemes are open-ended equity schemes that invest a minimum of 35% of total assets in large cap companies, and a minimum of 35% of total assets in mid cap stocks.
Weekly Top Picks: These large cap stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Best large cap mutual funds to invest in August 2024
If you are interested in investing in large cap mutual funds to take care of your long-term financial goals, here are our recommended large cap schemes for August 2024.
Wealth advisors suggest portfolio clean-up, in favour of largecaps
Wealth managers suggested trimming investments in risky and underperforming schemes as the Nifty hit 25,000. They advised taking profits from high-performing PSU and defense funds, and reviewing schemes that failed to beat their benchmarks. Investors were guided to shift towards large-cap portfolios and gilt funds for more stable returns.
Top 10 mutual funds to invest in July 2024
An online search would mostly take you to some websites with ready-made lists. Most often, the schemes may be shortlisted on the basis of their short-term performance. Sometimes, the schemes from a single category may dominate the list because that category happens to be the flavour of the season.
Mirae Asset Mutual Fund withdraws temporary suspension in large & mid cap fund
he changes will be effective from August 1. The scheme will be open for subscription across all investment modes without any capping while subject to minimum subscription limits as defined under the offer document of the scheme.
‘Small-cap and mid-cap froth spreading into large caps’
Ajit Dayal of Quantum Advisors cautions investors about the overflow of froth from small and mid-cap stocks into large caps. Despite optimism about the Indian economy, high share valuations raise concerns. Warning against potential crisis in illiquid and small-cap stocks.
Simple moat is good enough reason : 5 large cap stocks from different sector with right ratio matrix and upside potential of upto 38%
There are many textbook definitions of the word “ moat”. But what it means in simple terms is that there has to be something in a business and the management which makes it different from others and also helps it grow faster and more importantly on a sustained basis. It is not a very complicated thing, just a look at some basic numbers, a look at what the company management had said 5 years ago, whether it has been achieved or not. For example, in sectors where the debt is normally high because of the nature of business, a company which has been able to grow while keeping debt at a lower level is positive and is surely a moat, while if one goes by strict textbook definition of moat it might not fit it.
Nifty Top 10 Equal Weight index: Is it worth your money?
The Nifty Top 10 Equal Weight Index is a new addition by NSE, tracking the top 10 stocks from Nifty 50 with equal weights. While it may be a benchmark for asset managers, retail investors may find better diversification with existing options.
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