ICRA, the credit rating agency, yesterday made rating downgrades to two NBFCs, Piramal Housing Finance and Edelweiss Group companies. The reason cited is that they have a significant exposure to real estate sector. The last 1 year has witnessed several rating downgrades. ILFS, DHFL, Reliance Capital and now Piramal and Edelweiss. That is our RA […]
Quantum India ESG Fund NFO – an extra layer of quality?
Quantum Mutual Fund has announced the launch of its new fund scheme, Quantum India ESG Fund. ESG stands for Environment, Social and Governance, 3 parameters which together define sustainability. For the new scheme, the ESG criteria will play a key role in selection of stocks for the scheme’s portfolio. Why ESG? As the world gets […]
ICICI Pru MNC Fund – NFO – What’s new?
ICICI Pru Mutual Fund has just launched its ICICI Pru MNC Fund. The NFO is open from May 28 to June 11, 2019. Should you invest? What is an MNC? MNC stands for multi national corporation. If you thought it refers to only foreign brand companies such as Hindustan Unilever, Nestle, Colgate and you cannot […]
Principal Small Cap Fund – NFO – Should you invest?
Principal Small cap Fund offering comes from the underlying belief of fund houses that there is money to be made in small caps. Whether this money is for the fund or for you the investor, remains a question. Having worked with 100s of clients and interacted with many others, my view is that most investors […]
