Where should you invest in 2021?
If you haven’t yet invested overseas, consider international mutual funds available through domestic fund houses. January 02, 2021 / 05:55 PM IST
As 2020 winds to a close, there are mild reasons to cheer. Despite being volatile, equities have had a spectacular run over the past 7-8 months. Falling interest rates and bond yields made liquid funds and small saving instruments less attractive. And after a strong rally in the first seven months, gold prices have fallen. The US stock indices continued to rise, though most experts said that valuations were stretched. So, how is investing going to change in 2021 and what are the factors you should watch out for?
Fund review: Franklin India Prima Fund
The fund s proven execution capabilities over the long term under the long serving fund manager provide comfort.
Synopsis
While retaining its mid-cap tilt, this fund has traditionally maintained a sizeable presence in large-caps. The fund manager shows a preference for high quality, capital efficient businesses backed by sound corporate governance practices.
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
How the fund has performed 79966055
Where the fund invests 79966064
Note: Different benchmark (S&P BSE 150 Midcap TRI) is used due to non-availability of stated benchmark data.
Franklin India Prima mutual fund review: This has hurt the scheme over the past year
The fund s proven execution capabilities over the long term under the long serving fund manager provide comfort.
Synopsis
While retaining its mid-cap tilt, this fund has traditionally maintained a sizeable presence in large-caps. The fund manager shows a preference for high quality, capital efficient businesses backed by sound corporate governance practices.
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
How the fund has performed
Sovereign Gold Bond scheme opens today
December 27, 2020
Issue price fixed at ₹5,000 per gram
New series of Sovereign Gold Bond is opening for subscription on Monday. This is 6th series since first one in 2015 and issue price now is fixed at ₹5,000 per gram almost double than the first one.
Though, as experts say, this scheme has proved to be very good for the individual investor, but it may put a burden on the exchequer as the government has promised to return the principal money to the investor after eight years from date of issue at then existing (current) market price. If issue price is ₹2,500 per gram and price at the maturity is ₹5,000, that means the investor will get back his principal at later price apart from interest every year. From 42 out of 45 completed series, a total investment of ₹18,152.14 crore for over 481 lakh gm gold has been received since inception of the scheme. Data of last three series are not available.
Calendar 2020 turned out to be highly volatile for Indian equity investors. While the outbreak of Covid-19 jolted the financial markets during the first quarter of the year, liquidity measures taken by the government and central banks amid sustained inflows from foreign institutional investors (FII) helped the benchmark equity indices scale fresh record highs in December.
As the New Year 2021 kicks in next week, analysts on Dalal Street are advising investors to give more weightage to equity in portfolio allocation despite expensive stock valuations.
A dozen brokerages which took part in the ETMarkets’ New Year Survey suggested going for a diversified portfolio with an average of 45-70 per cent allocation to equity, 15-40 per cent to bonds and 5-20 per cent to gold.