Between April 2023 to January 2024, around 47% of the Nifty500 universe generated more than 50% returns & nearly 20% of the universe more than doubled their stock prices. Most of this action was witnessed in mid and smallcap categories.
According to market regulator Sebi, a primary factor contributing to the rise in unclaimed assets is incomplete nominations or unavailability of nominations. "This feeds into and impacts the consequent transmission process of the deceased/incapacitated holder of assets, making transmission an ordeal for (his/her) family."
Such a portfolio returned a compound annual growth rate (CAGR) of 12.2% over the 1990-2023 period, with a standard deviation of 14.3%, according to the study.
India Business News: Investors are advised to consider making staggered investments in debt mutual funds, particularly gilt schemes that focus on long-term government secu
According to Nuvama Wealth, the Nifty Mid-cap 150 Total Returns Index (TRI) has gained 32.93% in the year till September 28. The average return of 26 actively-managed mid-cap funds for the same period was 24.7%. Only two schemes beat the benchmark.