There is a common misunderstanding that debt mutual funds become riskier when rates rise because their daily unit prices, or net asset values (NAVs), fall. When interest rates rise, existing bond prices fall, lowering the NAV. However, the overall portfolio yield continuously rises as new, higher-yielding bonds are added.
India’s largest active mutual fund scheme by assets under management, Parag Parikh Flexi Cap Fund, has disclosed its portfolio for September 2026, showing increased exposure to select existing holdings along with one complete exit. The fund’s AUM stood at ₹1,47,405 crore in August 2026, which declined to ₹1,45,070 crore in September 2026. Since its inception…
Analysts advise caution after Trent shares crashed around 13% to post the sharpest single-day plunge in more than a year on Tuesday, following the Zudio-parent’s Q1 business update which failed to meet investor expectations. What lies ahead for Trent shares? After the 13% crash, Trent shares have technically slipped below their 20-day EMA, while the…
Every trading day ends with a single number: the closing price. It looks innocuous. It is anything but. That number determines mutual fund NAVs, influences the Nifty and Sensex, and settles expiry-day derivatives. If the closing price is distorted, the consequences do not end with traders. They travel quietly through the financial system. On August…
Indian IT stocks gained on Tuesday, with Infosys, TCS, Tech Mahindra and Mphasis rising up to 4%, even as Asian technology shares came under pressure after a sharp selloff in South Korea’s chipmakers. Infosys rose nearly 4%, while TCS gained 3%. Tech Mahindra was up 3.4%, and Mphasis advanced 3%. Wipro, however, slipped 0.4%, staying…
Shares of Kalyan Jewellers India surged as much as 9% to Rs 407.75 in Thursday’s trade, extending their winning streak for a second straight session. The stock has now rallied more than 15% in two days, buoyed by the company’s strong first-quarter business update. In the previous session, the shares had gained over 6% after…
The healthcare sector has emerged as a strong performer in recent years, suggesting that investors should look beyond traditional broad-market indices. Data from the Invesco India Pharma and Healthcare Fund NFO presentation shows that the BSE Healthcare TRI has outperformed the broader-market Nifty 50 TRI over the last 10 years. Since a Total Return Index…