2024 forecasts a global economic slowdown due to inflation, geopolitical tensions, and supply chain disruptions. Central banks navigate inflation risks cautiously. Mutual funds advocate multi-asset strategies for diversified investments. Asset allocation is key for managing investment risks.
Union Finance Minister Nirmala Sitharaman laid emphasis on fiscal responsibility, thus giving boost to the debt market, maintained her stance on infra development, inclusive development, green ecosystem and research & innovation.
Bajaj Finserv Mutual Fund announced the launch of the Bajaj Finserv Balanced Advantage Fund. The scheme opened for public subscription on November 24, 2023, and will close on December 08, 2023.
The Nifty Pharma index is trading at a price-to-earnings multiple of 31, lower than its five-year average of 36. Fund managers bought into stocks like Aurobindo Pharma, Cipla, Pfizer, Lupin, JB Chemicals, Alkem, and Syngene International.
Simplifying your investments involves aligning them with your financial goals. The process of streamlining your investment portfolio can be time-consuming, as it requires several steps to initially declutter and subsequently consolidate your mutual fund holdings.