Siddhartha Bhaiya’s global playbook: Top sectors in the US, China and Europe

Fund manager Siddhartha Bhaiya, who recently passed away after suffering a cardiac arrest, had turned cautious on Indian equities in his latest views while spotting selective opportunities in global markets. He remained bullish on non-tech themes in the US, consumption-led developments in China and defensive sectors in Europe, which he said offered better risk-adjusted opportunities.“As […]

EGR framework for gold may need an overhaul to revive India’s ambition as a price setter: Sebi chairman

Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey on Saturday said the framework for electronic gold receipts (EGRs) may need an overhaul, while acknowledging that the EGR framework has not gained the desired traction so far. He also urged the industry to educate investors to trade only in regulated gold products.He said […]

The returns risk of unregulated digital gold: You lose 6% the moment you buy it, explains Zerodha’s Nithin Kamath

Zerodha founder and CEO Nithin Kamath has expressed support for market regulator Securities and Exchange Board of India (Sebi)’s warning last week on digital gold. Calling it a timely reminder from the securities watchdog, Kamath explained how investors face losses the moment they decide to buy it.Kamath said digital gold is an inefficient way to […]

Sebi warns investors against unregulated platforms offering digital gold products

Markets regulator Securities and Exchange Board of India (Sebi) on Saturday warned investors against digital or online platforms offering gold products as they pose significant risks to investors and could expose them to counterparty or operational risks.“It has come to Sebi’s attention that some digital/online platforms are offering investors to invest in ‘digital gold/e-gold products’. […]

SIP inflows remain robust in September as gold and multi-asset funds shine: Anand Vardarajan

SIP inflows have remained very encouraging despite Nifty’s subdued returns over the past year, reflecting the growing maturity and discipline of retail investors, says Anand Vardarajan of Tata Asset Management. September saw strong SIP momentum even as equity inflows moderated slightly from Rs 33,000 crore in August to around Rs 30,000 crore – a reasonable […]