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Banks and non-bank lenders showed mixed performance in their loan and deposit growth numbers at the end of quarter ended June 30. Bajaj FinanceNSE 6.05 %, the market leader in consumer lending witnessed tepid growth with assets under management (AUM) rising only 7% on a year on year basis. The non-bank lender said it’s AUM stood at Rs 1.38 lakh crore at the end of June quarter versus Rs 1.28 lakh crore during the same period last year.

How has Covid changed things for you? I think this pandemic has changed many of our old ways of thinking around the way life ran. Insurance traditionally has been more of a push product though the value of insurance for individuals and for businesses is very-very high. But somehow it had never been at least for the retail side. But what we have seen since mid-March when pandemic really started exploding is that people started searching for health insurance.

Mutual fund investors seem to be disenchanted with Franklin Templeton Mutual Fund. The fund house that faced investors’ wrath after it shut its six debt mutual fund schemes on April 23, saw its average assets under management or AAUM falling drastically in the April-June quarter. Apart from debt schemes, Investors also seem to be pulling money out even from the equity schemes managed by the fund house.

"I want to invest in foreign markets. What do you think?" That was Ravi, son of one of our very old clients. "With markets around the world in so much turmoil, it looks like a good opportunity to get into foreign markets," he elaborated his theory. I knew that investing in foreign markets, especially the USA, has become extremely popular lately.

On 23 March 2020, when the BSE Sensex crashed 3,935 points, hitting a low of 25,981 amid the Covid-induced lockdown, Bengaluru-based Viren Bhatia could not contain his panic any longer. Racked by uncertainty, he sold the bulk of his equity portfolio which he had been building since 2009. He suffered a notional loss of nearly Rs 30 lakh. He did not have a financial adviser.

Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.

In Rupee terms, there could be a drop till 45,000-45,500 in the next two months and then the resurgence of buying towards new highs, possibly 50,000-51,000 levels, Rajeev Srivastava, Chief Business Officer at Reliance Securities, said in an interview with Moneycontrol’s Kshitij Anand. edited excerpts:

Indian markets underperformed US markets on a year-to-date basis as well as one-year basis and that could the reason why Indian investors are looking to diversify overseas.

Mutual fund houses are going through a rough phase due to credit crisis and expectations of an economic slowdown caused by a novel coronavirus, or COVID-19, induced lockdown. Returns have fallen to a low single-digit over the last three years, thanks to the recent meltdown seen in equity markets.

Mid-Cap Schemes: As the stock market turned volatile and fell by over 30 per cent after the outbreak of COVID-19 pandemic, the mid-cap funds witnessed a large erosion in the NAVs for most investors. While the economic impact is yet to be seen, the markets have rebounded and so have the values of some mid-cap funds. Over the last 3 months, mid-cap funds have generated between 12 per cent and 30 per cent! However, that does not take the fact away that short-term performance should not be seen while picking funds.

Earlier, by looking at the interest rate and tenure of investment, one would have been able to judge if a Fixed Deposit (FD) offered by a bank would give higher return or the Bond offered by the Reserve Bank of India (RBI), and it was relatively simpler to opt for the better investment option, provided the financial health of the institution offering the FD was very strong.

India Inc's earnings for Q4 are out and as expected they are not great. More importantly they don't tell us much about how things might pan out going forward. So how does a Value Investor go about analysing these figures? After all, key metrics like the mean of historic PE, DE, etc. of a firm are conventionally used to forecast future profitability and gauge value.

Foreign portfolio investors (FPIs) have pulled out Rs 3,741 crore from the Indian markets in just three trading sessions of July, which market analysts attributed to profit booking and appreciation in the rupee over the last few weeks. The depositories data showed that FPIs withdrew a net sum of Rs 3,959 crore from the equities but invested a net Rs 218 crore in debt segment between July 1-3.

India witnessed four initial public offerings worth $2.08 million in the three months ended June as the coronavirus pandemic impacted economic activities, according to an EY India report. All the IPOs were in the Small and Medium Enterprises (SMEs) segment and the median deal size was $0.38 million.

Mutual funds net invested nearly Rs 39,500 crore in the stock markets in the first six months of 2020, more than four times the amount infused in the year-ago period, as volatility and correction in the broader markets provided a good investment opportunity for investors. Further, consistent SIP (systematic investment plan) inflows into equity funds gave fund managers a healthy stream of capital to keep buying quality companies, experts said.