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Equity mutual funds are pooled investment vehicles enabling participation in various stocks from various sectors. Professional fund managers assemble and operate these diversified portfolios, aiming to generate inflation-beating returns over extended timeframes by harnessing the strengths of India's corporate growth story.

Also Read: Union Cabinet approves amendment in FDI policy on space sector, up to 100% in making components for satellites As per the existing FDI policy, FDI is permitted in the establishment and operation of satellites through the government approval route only. "In line with the vision and strategy under the Indian Space Policy 2023, the Union Cabinet has eased the FDI policy on the space sector by prescribing liberalised FDI thresholds for various sub-sectors and activities," the press release said.

Real estate is one of the favourite asset classes of investors. However, with the increase in the cost of real estate and sky-high home prices, different investment options that aim to deliver returns of underlying real estate have come up. Fractional real estate is one such concept where people can invest in a fraction of a real estate property.

After more than a year of rate-tightening cycle, economies world over are likely to see liquidity conditions ease and interest rates trend lower later in 2024. In such a scenario, Arindam Mandal, portfolio manager at Marcellus Investment Advisors anticipates a gradual return to the traditional 60/40 model of asset allocation for the average investor, consisting of 60% equities and 40% bonds. “This allocation strategy endured a challenging period over the past couple of years. Historically, election years have often translated to favorable returns, providing a promising outlook for the calendar year ahead,” Mandal said in an interview with ETMarkets. For Indian investors, Mandal recommends a 70% allocation to domestic equity and a 30% allocation to global equity, striking a balance between local opportunities and exposure to international markets. Edited excerpts:

India is poised to overtake China as the largest member of the World Trade Centers Association (WTCA) in the next five years, its chairman said, underscoring a hitherto circumspect New Delhi's rapid global strides that neatly dovetail into a China-plus-one corporate sourcing strategy aimed at derisking supply chains across the planet. «I would say, particularly in the past 10 years, India's presence on the global stage has become increasingly pronounced,» said John E. Drew, Chairman of the WTCA, an international trade platform that connects more than 300 WTCs in nearly 100 countries. «While India's growth trajectory has been ongoing, its recognition and active participation in major economic discussions alongside China, the US, Russia, and the EU signify its emergence as a significant player in the global economy,» he said. Currently, India has about 40 WTC licensees covering more than 30 cities. According to the real estate developer, a large number of Indian entrepreneurs establishing successful companies in the US, particularly in tech hubs like California and Massachusetts, further strengthened India's influence in global business. «I expect this trend to continue, paralleling the trajectory seen with Chinese entrepreneurship,» he said.

Learning begins at home, where we absorb our first language from our family, shaping our identity and sense of belonging. This mother tongue is a source of comfort and cultural connection for all children. However, when children step into pre-school or school at the age of 3 or 4, they may face a daunting challenge.

100% FDI is allowed in space sector. The liberalized entry routes under the amended policy are aimed to attract potential investors to invest in Indian companies in space," the government said in its press release. The entry route under the amended policy are as follows: > Upto 74% FDI under Automatic route: Satellites-Manufacturing & Operation, Satellite Data Products and Ground Segment & User Segment.

Myntra has appointed Venu Nair as its new chief of strategic partnerships and omnichannel. Nair joins Myntra from offline shopping chain Shoppers Stop, where he was the managing director and chief executive officer for about three years. At Myntra, he will be responsible for the international brands portfolio, and for “building strategic partnerships with leading global brands,” the firm said in a statement. Nair will also be managing omnichannel strategy for brands at Myntra.

₹157.54 crores from anchor investors ahead of its initial public offering that opens for public subscription on Thursday, February 22, 2024. The company informed the bourses that it allocated 84,69,996 equity shares at ₹186 per share on Wednesday, February 21,2024, to anchor investors. Also read: GPT Healthcare IPO opens tomorrow: GMP, issue details, 10 key things to know before investing in ₹525-crore issue Foreign and Domestic Institutions who participated in the anchor were Kotak Mutal Fund, Axis Mutual Fund, Bandhan Mutual Fund, Aditya Birla Life Insurance, Societe Generale, Duro One Investments Limited, India Capital Growth Fund, Copthall Mauritius, LC Pharos Multi Strategy Fund, Subhkam Ventures and DE Shaw.

₹1,332 crore ($160 million). The Murthy couple's initial investment in Cloudtail amounted to ₹417 crore ($50 million), rendering this transaction immensely profitable for them. Also read: Byju's $200 million rights issue fully subscribed; third party agency to check usage of funds: CEO Raveendran The sale of Cloudtail shares has resulted in a substantial profit of around ₹915 crore ($110 million) for Narayana Murthy and Sudha Murty, signifying an impressive threefold return on their investment made over eight years ago.

₹210 crore in a Series D & D1 funding round led by Edelweiss Discovery Fund Series – I. Existing investors, including Chiratae Growth Fund and Magnetic, also participated in the round. The latest round of funding will help the company strengthen its balance sheet and in business expansion, said Rentomojo's chief executive officer Geetansh Bamania.

jobs and professional networking platform apna.co showed. The survey also noted that 90% of employers acknowledge the importance of breaks in enhancing efficiency, with 13% emphasising the crucial role of encouraging regular breaks and leaves.

According to a letter to shareholders seen by Investment Week, the fund's assets have more than halved over the past five years due to outflows, making the fund «uneconomic» to operate. The proposed merger, which was approved by shareholders last week, would provide «enhanced economies of scale» to the Japan fund, which is managed by Min Zeng. The Japan fund invests in Japanese companies of all sizes, while the Japan Smaller Companies strategy focuses on small to mid-cap Japanese companies. Fidelity hires veteran manger duo following Jeremy Podger's retirement Fidelity Japan fun...

financial goals. It’s crucial to synchronize your chosen strategy with your risk tolerance and return objectives, carefully assessing whether an active or passive approach better suits your investment profile, says Atul Garg, Founder, FinEzzy.

Effective from 8 April, O'Connor will be responsible for driving the firm's strategy, «reinvigorating» its product suit and leading the team into a «new, growth-focused era». Prior to joining Global X, he was global head of ETF product at Goldman Sachs Asset Management. He was originally hired by the firm in 2017 to build its US fund strategist model portfolio business. Global X ETFs CIO to exit amid senior management exodus O'Connor also spent over a decade at State Street Global Advisors, where he led product and capital markets teams for the SPDR ETF franchise. Hyeon-Joo Park...

Akhilesh Yadav today said that there will definitely be an alliance with Congress for the upcoming Lok Sabha elections. Akhilesh Yadav confirmed this during a press conference in Moradabad today. As per some reports, SP is likely to give 17 seats to Congress and will contest on the rest of the seats in Uttar Pradesh. Akhilesh said that an official announcement will made There this evening. «All is well that ends well… Yes, there will be an alliance. There is no conflict. Everything will be out and clear soon… All is well that ends well...» Akhilesh said on being asked over alliance with Congress.

monetary policies involving higher interest rates to address inflation, persistent geopolitical tensions, and lingering disruptions in the supply chain. These factors collectively indicate a sustained state of disruption in the world economy throughout the current year. While inflation is exhibiting signs of alleviation in certain regions, it remains a substantial concern.

PPFAS (Parag Parikh Financial Advisory Services) rolled out a balanced advantage fund, Quantum and Mahindra Manulife have also launched their multi asset allocation fund schemes lately. Hybrid mutual fund is a broad category that entails seven types of mutual fund categories. The latest AMFI (Association of Mutual Funds in India) data shows there are a total of 149 hybrid mutual fund schemes.

By Echha Jain and Lewis Jackson

Amazon, is set to venture into a new market segment — low-priced fashion and lifestyle — with the launch of Amazon Bazaar, targeting the Indian value customer, as per an Economic Times report. The move comes as demand for mass-market products slows down and Amazon faces a deceleration in its own growth. Amazon Bazaar has initiated the onboarding process for sellers, urging them to list unbranded fashion and lifestyle products, including apparel, watches, shoes, jewellery, and luggage, priced below ₹600, the report said citing the company's communication to merchants.

Nestle India Ltd , Varun Beverages, Jyothy Labs are top 3 picks of Axis Securities in FMCG segment post the December quarter results. The consumer companies saw impact of weak demand on their December quarter performance even though the falling commodity prices provided cushion to their operating performance. “Most staple companies under our coverage have indicated a subdued demand environment, particularly in the mass end of the segment, as rural areas continue to face pressure", said analysts at Axis Securities.