Issue of 1st May-7th May 2020
LEAD ARTICLE
Online Moneylife Magazine
Mutual Fund Fiasco: Link Bailout to Disgorgement of Fees and Bonuses
As the global economy goes into a tailspin and India’s growth rates nosedive, dirt from the mutual fund (MF) industry has been the first to hit the fan. On 23rd April, Franklin Templeton India Mutual Fund (FTIMF) announced the winding up of six debt schemes that collectively managed over Rs27,000 crore. FTIMF will neither accept new money... Read More
STOCKS
Honeywell Automation India Ltd (HAIL) is a market leader in electronics-instrumentation and process control equipment. It started in 1984 as Tata Process Controls Private Ltd, and later became a 40:40 joint venture (JV) between the Tata group and Honeywell Asia. HAIL is the only company in...
Moneylife Digital Team
The nation-wide lock-down due to COVID-19 has shut down the manufacturing and services operations of all companies, barring those making essential items. We take a look at COVID-19 impact on different sectors, categorising them as less impacted, moderately impacted and highly impacted. Last...
Maya M
A recent report published by the Consumer Electronics and Appliances Manufacturers’ Association (CEAMA) says that electrical consumer durables (ECD), a sector valued at Rs76,400 crore, may grow at a compounded annual growth rate (CAGR) of 11.6% in value over FY18-19 to FY24-25, while the...
Moneylife Digital Team
SMART MONEY
By shutting down six debt schemes (https://tinyurl.com/yamnrc6s), Franklin Templeton Mutual Fund has created an air of anxiety for investors in mutual fund (MF) debt schemes. It is perhaps an unusual event; but it is a reminder to all of us. The fund house gave courage to another fund house,...
MUTUAL FUNDS
The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory   ""  
Moneylife Digital Team
Towards the end March, equity markets suffered a major crash due to the disruption in economic activities after the outbreak of COVID-19. Foreign portfolio investors (FPIs) pulled out an unprecedented sum from equities to move into safer assets. Data showed that FPI/FIIs (foreign...
Clinton Fernandes
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