Sep 3, 2018
Should Investors Just Buy the Top Performing Large Caps and Be Done? Before we get to the Rupee, we’d like to briefly share some thoughts on recent market performance. There was a time as recently as a year back, when investors required a 4-5% outperformance by an active manager over the Nifty 50 as a…
Read MoreAug 20, 2018
Equities Structural reforms undertaken by the Modi regime are beginning to bear fruit. We’ve highlighted the benefits of structural reforms and how growth tends to come through at a lag. (See “Key Drivers for the Next Leg Up”, Oct 16, 2017). C.O.R.E Growth Drivers C.O.R.E is our acronym for easy reference to India’s key drivers…
Read MoreAug 6, 2018
Investors face two key issues today. One, with large caps delivering well, does one need to bother with mid caps and small caps? Two, with markets running up to new all time highs, is this a good time to invest? Is Owning Mid and Small Caps Worth the Risk? Following a period of unique mayhem…
Read MoreAug 1, 2018
Repo Rate Hiked to 6.5%, Policy Tone Maintained Neutral The Reserve Bank of India today decided to hike the policy repo rate by +25 bps from 6.25% to 6.5% in a 5:1 vote in what was the RBI’s first 3-day MPC (vs. prior 2-days). The MPC maintained its neutral stance on monetary policy and commitment…
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