SIFs, a new asset class, allows investors to enhance returns, diversify risks

SIFs, a new asset class, allows investors to enhance returns, diversify risks

Discretionary portfolio managers have grown by ₹4.26 lakh crore since then. And even mutual fund investors have discovered the power of risk-adjusted returns through categories such as balanced advantage funds ( ₹2.9 lakh crore of assets under management) and multi-asset funds ( ₹4.33 lakh crore of AUM). The Securities and Exchange Board of India recently … Read more

How Manu Manek aka Black Cobra went from college trader to market marauder

How Manu Manek aka Black Cobra went from college trader to market marauder

That a mere stockbroker could be dubbed Black Cobra then tells the story of how dangerous Manu Manek Mundra, the man given that infamous title, must have been. Born into a middle-class family in Calcutta in the 1940s, Manek started his trading career while still in college, eventually graduating as a full-blown broker. His modus … Read more

Small-cap funds face a higher liquidity risk, show latest stress test

Small-cap funds face a higher liquidity risk, show latest stress test

This crucial metric for stress tests, as mandated by the Securities and Exchange Board of India, indicates higher liquidity risks in the small-cap segment even as investors flock to these stocks, lured by their promise of high returns. According to some experts, a high liquidity risk could also point to the low quality of a fund’s … Read more