FMCG, pharma funds in vogue as economy struggles
NEW DELHI (Reuters) – Indian equity funds focusing on consumer goods and healthcare companies topped the performance charts in April, and the country’s struggling economy is set to drive more investors to the defensive sectors.
Growth in Asia’s third largest economy has been slowing, fiscal and trade deficits have widened sharply and the inability of the government to push key reforms such as cutting subsidies and opening up the economy have dented investor confidence.
India defensive funds in vogue as economy struggles
NEW DELHI, May 2 (Reuters) – Indian equity funds focusing on
consumer goods and healthcare companies topped the performance
charts in April, and the country’s struggling economy is set to
drive more investors to the defensive sectors.
Growth in Asia’s third largest economy has been slowing,
fiscal and trade deficits have widened sharply and the inability
of the government to push key reforms such as cutting subsidies
and opening up the economy have dented investor confidence.
Unable to clear your credit card bill? Try balance transfer
NEW DELHI (Reuters) – Have you exceeded your budget while swiping your credit card recently? If yes, a balance transfer could be a convenient way to delay your card payment with minimal interest, giving you time to arrange funds.
Making a partial payment or not paying your credit card bills can attract a high interest rate, more than 30 percent per annum in some cases, and can push you into a debt trap.
Equity mutual funds drop in March; outlook hazy
NEW DELHI (Reuters) – Diversified equity funds fell in March, but less than the Sensex, as their exposure to mid-cap and defensive sectors helped cushion a selloff triggered by a disappointing budget and moves to tax foreign fund investments.
The outlook for shares in India remains clouded by uncertainties about growth and lingering concerns about inflation, which could again help funds that invest in companies that make soaps, toothpastes and detergents or healthcare firms outperform the broader market.
Indian equity funds drop in March; outlook hazy
NEW DELHI, April 4 (Reuters) – India’s diversified stock
funds fell in March, but less than the benchmark index, as their
exposure to mid-cap and defensive sectors helped cushion a
selloff triggered by a disappointing budget and moves to tax
foreign fund investments.
The outlook for shares in India remain clouded by
uncertainties about growth and lingering concerns about
inflation, which could again help funds that invest in companies
that make soaps, toothpastes and detergents or healthcare firms
outperform the broader market.
Smaller-cap stocks help mutual funds in February
NEW DELHI (Reuters) – Diversified equity funds posted better returns than the BSE Sensex in February, helped by small and medium-sized stocks that rose on increased foreign and domestic buying.
Diversified funds, the largest category of stock funds in India by number and assets, returned an average 4.8 percent in the month, according to fund tracker Lipper, a Thomson Reuters company.
Smaller-cap stocks help India fund performance in Feb
NEW DELHI, March 2 (Reuters) – Diversified Indian
equity funds posted better returns than the benchmark index in
February, helped by small and medium-sized stocks that rose on
increased foreign and domestic buying.
Diversified funds, the largest category of stock funds in
India by number and assets, returned an average 4.8 percent in
the month, according to fund tracker Lipper, a Thomson Reuters
company.(For a table of fund returns, click )
Equity mutual funds post best monthly return since May 2009
NEW DELHI (Reuters) – Diversified stock funds posted their best monthly return in nearly three years in January as a sharp rise in key stock prices and exposure to sectors such as financial services pushed up net asset values.
Diversified funds returned an average 11.68 percent to record their best monthly performance since May 2009, data from fund tracker Lipper, a Thomson Reuters company, showed.
Equity funds post best monthly return since May 2009
NEW DELHI (Reuters) – Diversified stock funds posted their best monthly return in nearly three years in January as a sharp rise in key stock prices and exposure to sectors such as financial services pushed up net asset values.
Diversified funds returned an average 11.68 percent to record their best monthly performance since May 2009, data from fund tracker Lipper, a Thomson Reuters company, showed.
India stock funds post best monthly return since May 2009
NEW DELHI, Feb 2 (Reuters) – India’s diversified stock
funds posted their best monthly return in nearly three years in
January as a sharp rise in key stock prices and exposure to
sectors such as financial services pushed up net asset values.
Diversified funds returned an average 11.68 percent to
record their best monthly performance since May 2009, data from
fund tracker Lipper, a Thomson Reuters company, showed.

