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Sunday, July 10, 2005

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MUTUAL FUNDS


MF score-card in Q2 — HDFC, SBI Mutual see major action
INVESTORS have reason to cheer the performance of fund-houses in the April-June quarter. While it was not one of those periods in which a slew of funds outperformed their benchmark indices, a select few did beat the ... More

"Unrestricted style will ensure it is always relevant"
What can a new vanilla equity fund offer an investor who already has a mind-boggling choice of diversified funds? An unrestricted investment style, says Mr Rajiv Anand, Head (Investments) at Standard Chartered Mutual Fund. Mr Anand ... More

Taurus Discovery Stock: Hold (high-risk)
INVESTORS in Taurus Discovery Stock can stay with the fund. It has performed well in the past year, recording returns of more than 100 per cent. This is almost twice the average for a mutual fund scheme in the same ... More

Kotak Opportunities: Hold
UNITHOLDERS may retain their holdings in Kotak Opportunities. Launched last August, the fund was perhaps among the first to introduce the concept of investing in stocks across market capitalisations, a theme that has ... More

GW Caps identifies SMEs for India Value Fund
GW Caps has identified the small and medium sector in India for long-term investment for its Rs 900-crore India Value Fund (IVF). Mr Vishal Nevatia, Chief Executive Officer of GW Caps, said the IVF would be investing mostly in the small and ... More

PORTFOLIO MOVES
Franklin Templeton Mutual Fund
IN a bull market such as the present one, it is difficult for mutual funds to pick under-researched stocks that would significantly outperform the markets. Franklin Templeton Mutual Fund manages an equity base of more than Rs 6,500 crore ... More

Canexpo to pay dividend
MANGALORE: Canbank Mutual Fund has declared 25 per cent dividend in Canexpo scheme, an open-ended equity-oriented sectoral scheme. A Canbank Mutual Fund press release said here on Saturday that this is the first dividend during the ... More

New schemes from funds

  • Franklin Templeton Mutual Fund has introduced entry and exit loads for Systematic Investment Plans, Systematic Transfer Plans and Dividend Transfer Plans. The entry load is 1 per cent for equity and balanced funds. Exit load will be 1 per ... More

    STOCK MARKETS


    Markets end the week on positive note
    THE markets witnessed an action-packed week. Even as regional and global terrorist attacks threw the markets off-guard, the bulls managed to make a strong recovery setting aside fear. While the Sensex posted its 10th week of gains — the ... More

    DERIVATIVES MARKETS


    F&O POINTERS
    Nifty may remain volatile
    Nifty outlook: Last week, we had expected the Nifty to be volatile and it moved wildly. We recommended shorting Nifty or buying 2150 puts at Rs 25. Both the positions would have generated profits during intra-week. As an alternative, ... More

  • Options guide

    FOREIGN INSTITUTIONAL INVESTORS


    RBI cap on FII buying in HPCL
    MUMBAI: Hindustan Petroleum Corporation Ltd has reached the Foreign Institutional Investor (FII) limit of 22 per cent of its paid capital, the Reserve Bank of India has said in a press release. RBI has notified that no further ... More

    RECOMMENDATION


    IL&FS Investment Managers: Sell
    INVESTORS in the stock of IL&FS Investment Managers can consider selling their holdings. The stock has run up sharply in the wake of the initial public offering of a group company, IL&FS Investsmart. The stock has risen by nearly 50 per cent More

    Cranes Software: Hold
    SHAREHOLDERS can consider retaining their exposures in the Cranes Software International stock. Despite the sharp rise in the stock price over the past week since the announcement of the earnings performance, it holds ... More

    Rallis India: Buy
    OPERATIONAL and debt restructuring measures have helped Rallis India report a sharp turnaround in its financial performance for 2004-05. After a series of divestitures, Rallis India has emerged as a focussed play in the ... More

    Titan Industries: Hold
    THE STOCK of Titan Industries has appreciated 30 per cent over the past month alone. Despite the sharp spurt, shareholders can retain their holdings in the stock. Titan has made a comeback in terms of performance over the past two years, on ... More

    Chemfab Alkalis: Hold
    SHAREHOLDERS can retain their holdings in the Chemfab Alkalis stock, which trades at about eight times its per share earnings for FY-05. The company plans to integrate backwards by setting up a desalination plant and expanding its capacity by 50 ... More

    IPOS


    Vivimed Labs: Invest
    AN INVESTMENT can be considered in the initial public offer of the Hyderabad-based Vivimed Labs. However, only those with a stomach for risk need to consider subscribing to the ... More

    Shri Ramrupai Balaji Steels: Avoid
    AN INVESTMENT in the IPO of Shri Ramrupai Balaji Steels (SRBS) can be avoided as the risks seem to outweigh the scope for capital appreciation. Given the stiff valuation, the increasing competition, the high ... More

    RIGHTS ISSUE


    SEBI GUIDE
    Role of SEBI in a rights issue
    Any company making a public issue or a listed company making a rights issue of value of more than Rs 50 lakh is required to file a draft offer document with SEBI for its observations. The company can proceed further on the issue only after ... More
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    SE Diary


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    Top Stories
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    In Focus

    BHEL Disinvestment
    China's revaluation
    Dabhol power regenerated
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    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jul. 3-Jul. 9
    `Bigger correction is overdue in mid-cap stocks'

    Hong Kong co to acquire 20% stake in Karvy Broking

    Fund houses pitching for built-in ELSS option


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