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Diversification: By investing in a combination of large-cap and mid-cap stocks, these funds effectively mitigate risk through diversification. Growth potential: Over the long term, such mutual funds have the potential to yield higher returns compared to other types of mutual funds, tapping into the growth prospects of mid-cap stocks. Stability: The inclusion of large-cap stocks in the portfolio adds a layer of stability to these kinds of funds, making them more resilient than pure mid-cap funds.

VP Nandakumar, MD & CEO, Manappuram Finance, says “along with our gold loan portfolio, we are growing our secured MSME, commercial vehicles portfolios because we have a very large customer base both in Manappuram and the subsidiaries. In these secured segments, our penetration compared to our potential has come to only one-fifth.” Manappuram Finance gold loan AUMs have seen an 8% growth in Q2. You have maintained that you are going to be maintaining the pricing discipline as well. How is this strategy going to fare with regards to growth, given the competition in gold loans now? We expect gold loan AUM to grow around 10% annually and we expect that to grow because the coming quarters are usually better for gold loans. More importantly, we have other secured portfolios. We are growing those portfolios along with our gold loan portfolio like secured MSME, commercial vehicles etc. because we have a very large customer base both in Manappuram and the subsidiaries. In these secured segments like commercial vehicles as well as secured MSME, our penetration compared to our potential has come to only one-fifth. We have that opportunity along with gold. In gold, we expect that in the coming quarters, we will have targeted annual growth of around 10%.

Investing.com — The U.S. dollar edged higher in early European trade Thursday, holding its ground after a rebound from sharp losses earlier in the week as traders digested recent economic data and the potential impact on thinking at the Federal Reserve.

₹42 apiece on the BSE. The rally in Suzlon shares comes on the back of positive sentiment after the stock was included in the MSCI Global Standard Index. In its November index review, the global index provider added Suzlon Energy along with 8 other Indian companies in India Standard Index.

fixed deposits (FDs), you will be happy to know that the era of rising interest rates on fixed deposits is not over yet. Some factors that indicate this is credit growth remaining much higher than deposit growth; the recent decision of the Reserve Bank of India (RBI) to increase the investment limit of non-callable deposits to Rs 1 crore; and the expected higher food inflation due to El Niño hitting India’s food production. As an FD investor, you can take advantage of rising interest rates to invest in term deposits. But, first, let’s understand how interest rates of fixed deposits will be impacted in the short term and long term.

Investing.com-- Hong Kong-listed shares of Alibaba Group (HK:9988) (NYSE:BABA) fell on Thursday in anticipation of a quarterly earnings report which is expected to show whether the e-commerce giant weathered a downturn in China. 

Investing.com-- Most Asian currencies weakened on Thursday, tracking a recovery in the dollar as stronger-than-expected U.S. retail sales data brewed some uncertainty over the path of interest rates. 

Investing.com-- Gold prices steadied on Thursday, but paused a recent recovery rally after stronger-than-expected U.S. retail sales data brewed some uncertainty over the path of U.S. monetary policy.

thematic funds cut their returns by nearly two-thirds through badly-timed trades, a report by Morningstar Manager Research showed. Funds that tend to focus on specific themes, such as climate change or artificial intelligence, have drawn investors over the last few years, more than doubling their assets under management since 2018, Morningstar's data showed. However, while the average return on thematic funds was an annualized 7.3% over the five-year period through June 2023, investors saw just a 2.4% return, the Morningstar report by senior analyst Kenneth Lamont and director of manager research Matias Mottola showed.

London | Australian Financial Review Rich Lister Michael Hintze has sold most of his $20 billion managed funds company CQS to the Canadian giant Manulife Investment Management, and will strike out on his own.

personal guarantees given by promoters of companies raising bank loans, said people at advisory firms. The move is aimed at preventing them from transferring these personal assets to a special trust, which may be bankruptcy remote. This move by banks follows the recent landmark Supreme Court order that upheld the constitutional validity of recovery provisions against personal guarantors under the Insolvency and Bankruptcy Code (IBC).

Canada’s Brookfield says AustralianSuper must be factoring in higher energy prices for consumers and running Origin Energy’s coal-fired power station for longer in its finding that the $20 billion takeover bid from Brookfield and partner EIG undervalues Origin.

A2 Milk Co boss David Bortolussi has warned that China’s infant formula market is in a steep decline and will be a more challenging place to do business this year.

By Suzanne McGee

In February 2023, we wrote this article. The article walks through Michael Kantrowitz’s HOPE model. HOPE, or Housing, New Orders (ISM), Corporate Profits, and Employment, provides a handy acronym to track parts of the economy that are interest rate sensitive and tend to be leading recession indicators.

Drake collaborated with Who's who of Hollywood. The 'God's pln' singr will now collaborate with Norma Winstone, an 82-year-old jazz singer. You may not be familiar with the London artist or her most popular song, «I Loves You Porgy,» which has garnered 600,000 streams on Spotify. However, it was her futuristic 1977 track, "The Tunnel," that captured the attention of the Canadian rapper for his latest hit, "IDGAF." For Norma, it posed more of a question than just another dance: who is Drake? Having received a hotline bling from his team six weeks ago, she explains that it was her son, a drummer in the band Hot Chip, who clarified exactly who Drake is. «He just said, 'Mum — he's mega'.

MUMBAI : Indian equities rallied on Wednesday tracking gains in global stocks, as lower-than-expected US inflation raised optimism about the end of the rate hike cycle. Derivative short covering by foreign portfolio investors (FPIs) also helped. The National Stock Exchange’s Nifty 50 gained 1.19% to close at 19,675.45, while the BSE’s 30-stock Sensex rose 1.14% to close at 65,675.93.

₹83.5 against the dollar. It has now recovered a little, closing at ₹83.1 on 15 November. Mint explains the reasons behind the rupee’s slide in the recent past and gives a peek into the future.

Indian Space Research Organisation (ISRO) Wednesday said the cryogenic upper stage of the LVM3 M4 launch vehicle, which successfully injected the Chandrayaan-3 spacecraft into the intended orbit on July 14 this year, made an uncontrolled re-entry into the Earth's atmosphere at around 14:42 IST today. "The probable impact point was predicted over the North Pacific Ocean.

city train transit system or clear enough air for sound to travel distances, listening to trains from your home provides a delightful pleasure of urban living. The joy derived from the rhythmic cadence makes you aware of what it is to be alive in the city. Reminded of urban life 'out there' transforms the mundane into a captivating, throbbing experience.

Canadian pension funds bulked up on private equity investments for their attractive returns over the past couple of decades, but changing dynamics in the PE sector and volatility in public markets are now leading some to reverse course and put holdings on the block.