Whiteoak Capital limits midcap scheme inflows and defers smallcap fund launch. Rally driven by earnings resurgence. SEBI restricts overseas ETF inflows. India s market outlook remains strong with potential for alpha generation. Pant says: "From a prudent risk management perspective, we continue to stay fully invested at all times with a bottom-up approach to investing in great businesses at attractive valuations."
Beating the benchmark by a wide margin, the Nifty Smallcap 250 index has given a staggering 63% returns in this financial year. Thanks to their stupendous run, the total market capitalization of all the listed companies on BSE soared by Rs 125 lakh crore in a year.
Millennials, also known as Gen Y, are typically defined as those born between 1981 and 1996. Generation Z, or GenZ, are those born between 1997 and 2012.
Prateek Pant, Chief Business Officer of WhiteOak Capital Asset Management, does not expect major announcements in this budget. The government will likely maintain a path of policy, continuity focusing on higher capex growth, he said in an interview with MintGenie.
The wealth management landscape in India is experiencing a notable transformation as a growing number of firms, many of which initially began as boutique, urban-based entities, are now expanding their operations into tier-2 and tier-3 cities. This strategic shift is in response to the substantial increase in wealth within these regions over the past two to three years, thereby opening up new market opportunities for these wealth management companies.