A few things are worth understanding before investing: the fund’s underwriting philosophy, its track record, who it lends to, how tight its covenants are, how safe the collateral is (loans can be secured against unlisted shares, promoter equity and a lot more), and the lock-in period, typically five to seven years, with a minimum mandate of three.
Shares of HDFC Bank fell more than 5% on Monday after the private lender’s Q1 earnings failed to impress investors, wiping out nearly Rs 70,000 crore in market value, even as brokerages remained bullish on the stock. HDFC Bank fell to an intraday low of Rs 774.55 apiece on the NSE, with its market capitalisation…
Do you actively trade in equities? Do you know the tax liabilities required to be met? Filing income tax returns has become more detailed for individuals engaged in intraday and futures & options (F&O) trading in AY 2026-27. The latest ITR forms now require such taxpayers to make additional disclosures. Thus, it is indispensable for…
Foreign portfolio investors may be returning to Indian equities, but the latest buying wave is not yet strong enough to be called a durable reallocation, according to Venugopal Manghat, chief investment officer–equity at HSBC Mutual Fund. Global liquidity, interest rate expectations, currency stability and India’s relative valuation against other emerging markets will continue to shape…
Flexi-cap funds have emerged as a popular choice for investors who want equity exposure without committing to a particular market-cap segment. Unlike large-cap, mid-cap or small-cap funds, flexi-cap schemes can move across large-, mid- and small-cap stocks based on the fund manager’s assessment of where opportunities lie. That flexibility, however, does not automatically translate into…
Shares of L&T Technology Services rallied 6% on Wednesday after the IT firm reported a consolidated net profit of Rs 356.6 crore for the April-June quarter of FY26, marking a nearly 13% year-on-year (YoY) increase from Rs 315.7 crore reported in the corresponding quarter of the previous financial year. The shares sharply surged to Rs…
With just days left before the July 31 deadline for most individual taxpayers, the Income Tax Department has said that more than 5 crore Income Tax Returns (ITRs) have already been filed for Assessment Year (AY) 2026-27. In a post on X, the department urged eligible taxpayers to avoid the last-minute rush and submit their…