PMS Tracker: Funds slump up to 10% in AugustAugust proved volatile for PMS funds, with several small and midcap strategies logging steep losses. Yet, a few portfolios like Wallfort’s ...
PGIM India Asset Management appoints Abhishek Tiwari as new CEOAbhishek Tiwari, currently Chief Business Officer at PGIM India AMC, has been with the firm for over seven years. He has played a key role ...
PMS Tracker: Top 10 schemes that helped HNI investors beat the Street in NovemberHigh-net-worth individuals (HNIs) saw impressive returns of up to 8.5% in November through PMS schemes, outperforming the flattish market. ...
Is it a good time to bottom fish in IT and banking stocks? Surjitt Singh explainsSurjitt Singh of PGIM India PMS discusses playing BFSI through differentiated themes, underweight banking and IT sectors. Market influenced...
PGIM India Asset Management aims to double AUM to Rs 50,000 core in next 2-3 yrsThe fund house, which has an Asset Under Management (AUM) of Rs 23,240 crore at present, expects to touch Rs 50,000 crore mark AUM in the n...
About 41 PMS mid- & smallcap schemes gave negative returns in Feb; are good times over?Midcap and smallcap schemes managed by portfolio management services firms saw negative returns in February. Equitree Capital Advisors, Sau...
Consistent Gainers: After 20% returns for 4 quarters in a row, 8 stocks turn multibaggersHospitality and travel-related stocks gave handsome returns to investors due to the strong rebound in discretionary spending, and RateGain ...
Hot favourite! This stock is the No. 1 choice of 32 mutual fundsSandeep Bakhshi, who took over as ICICI Bank's MD and CEO in Oct 2018, is widely credited to have led the turnaround of the lender, leaving...
IT stocks attractive for 3-year timeframe: Surjitt Singh Arora“From a three-year perspective, given the strong cash flows and business fundamentals, valuations are coming into an attractive zone,” he s...
Q1 results this week: LIC, Bharti Airtel, Patanjali Foods, Hero Moto“Overall, the earnings season in India was in line with expectation, while revenue growth was ahead of expectation, indicating a healthy de...
PGIM India Mutual Fund doubles AUM in 6 months to Rs 17,700 crore; eyes Rs 20,000 crore by MarchPGIM India Mutual Fund, which has announced the launch of the country's first international realty fund of funds which opens on Monday, has...
Crossed 2020-21 AUM target of Rs 8,000 crore by Q3: PGIM India MFPGIM India Mutual Fund has crossed the full-year 2020-21 AUM target of Rs 8,000 crore by the December quarter, a senior company official ha...
PGIM looks for domestic AMC acquisition to grow fasterWith a mutual fund AUM of Rs 4,300 crore, PGIM India MF is ranked 29th, making it one of the smallest among the 40-odd players who manage o...
PMSes deliver over 50% return for Q1, but a few high-profile ones lagData showed at least 169 strategies managed to deliver positive returns to clients.
- Not a rich deal! Woes spilled over for most PMS alpha chasers in May
With a 3.62% return, ICICI Prudential Largecap Portfolio emerged as the top gainer in May.
28% return in a bad market! Look who made most money for the rich in 2019Data shows 31 PMS strategies managed to outpace the equity benchmarks during the year.
Double whammy for HNIs: After tax hit, PMSes let them down in JulyOne-fifth of PMS schemes eroded investor wealth by over 10%, with the worst drop being 14.6%.