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Economic Times
04-08-2025
- Business
- Economic Times
NFO Alert: Baroda BNP Paribas Mutual Fund launches Gold ETF Fund of Fund
Synopsis The Baroda BNP Paribas Gold ETF Fund of Fund (FoF) offers high liquidity and aims to offer investors a smart, low-volatility way to gain gold exposure with long-term growth potential. A 1% exit load applies on redemptions or switches within 15 days, after which no exit load is charged, enhancing its flexibility. The fund will be managed by Gurvinder Singh Wasan, Madhav Vyas and Swapna Shelar. Baroda BNP Paribas Asset Management India has announced the launch of a new fund of fund scheme, the Baroda BNP Paribas Gold ETF Fund of Fund (FoF), which offers long-term investors seeking investment in gold-related assets a simple, low-cost and viable investment option. The new fund offer, or NFO, is open for subscription and will close on August 14. Also Read | Nifty slips into consolidation: What is the right strategy for mutual fund investors now? The fund offers high liquidity and is designed for investors seeking smart, low-volatility exposure to gold with potential for long-term capital appreciation. An exit load of 1% applies if units are redeemed or switched out within 15 days from the date of allotment. No exit load is payable on redemptions or switches made after 15 days, making it a flexible and convenient investment option for gold enthusiasts, according to the press release.'Indian households are one of the world's largest holders of gold. Their holdings of around 25,000 tonnes of this precious metal are more than the combined holdings of the top 10 reserve banks of the world*. However, the spectacular rise in the price of gold has made savings in gold inaccessible to a large percentage of the Indian populace,' said Prashant Pimple, CIO – Fixed Income, Baroda BNP Paribas MF. 'With its low cost of holding, ease of transaction and low minimum investment amount, we have tried to make gold once again accessible to retail investors via our Baroda BNP Paribas Gold ETF Fund of Fund,' he fund will be managed by Gurvinder Singh Wasan, Madhav Vyas and Swapna Shelar. Baroda BNP Paribas Gold ETF Fund of Fund enables investors to access the precious metal in a convenient and secure manner, without the challenges of physical storage. Also Read | SIP is always going to be better than an EMI : Deepak Shenoy of Capitalmind Mutual Fund saysWith lump sum investments starting at just Rs 1,000 (and in multiples of Re 1 thereafter) and monthly Systematic Investment Plans (SIPs) starting from just Rs 500, the scheme aims to bring gold investing within reach of every gold prices nearing Rs 1 lakh per 10 grams, affordability has become a major hurdle for many investors. The fund seeks to offer a timely solution by allowing gold exposure through mutual fund units. It also benefits from the rising demand among central banks globally, who have turned to adding to their existing gold reserves, amid geopolitical uncertainty, the release said.'If one looks at the last 10–25* years, then historically gold returns over the period have been almost as good as equity, or even better in some instances. This, along with its negative correlation with equity, reinforces its position as a potential stabiliser to the overall volatility of an investor's portfolio,' said Gurvinder Wasan, Senior Fund Manager, AMC.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Yahoo
30-06-2025
- Business
- Yahoo
Netflix's Quarterly Earnings Preview: What You Need to Know
Boasting a market cap of $563 billion, Netflix, Inc. (NFLX) is a global streaming giant that offer a vast library of TV shows, movies, and original content through a subscription-based model. With a presence in over 190 countries, the company drives growth through heavy investments in exclusive content, expansion into gaming, and strategic pricing models, including an ad-supported tier. The company is set to release its second-quarter earnings after the market closes on Thursday, July 17 Ahead of the event, analysts expect Netflix to report an adjusted profit of $7.05 per share, up 44.5% from $4.88 per share reported in the year-ago quarter. The company's earnings surprise history is solid, as it surpassed Wall Street's bottom-line estimates in all of the past four quarters. Holiday Trading, Trade Negotiations and Other Key Things to Watch this Week Alphabet's Strong Free Cash Flow Makes GOOG Stock a Value Buy Alibaba Is Restructuring Its E-Commerce Unit. How Should You Play BABA Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, Netflix's adjusted EPS is expected to increase 27.7% year-over-year from $19.83 in fiscal 2024 to $25.32. In fiscal 2026, its earnings are expected to grow 20.9% year-over-year to $30.60 per share. NFLX stock prices have soared 93.3% over the past year, significantly outperforming the S&P 500 Index's ($SPX) 12.6% returns and the Communication Services Select Sector SPDR ETF Fund's (XLC) 24.6% surge during the same time frame. Netflix has outperformed the broader market over the past year due to its strong subscriber growth, solid financial performance, and continued global expansion. In 2024 alone, the company added 41 million new users, ending the year with nearly 302 million subscribers, despite announcing it would no longer publicly report those figures moving forward. While competition in the streaming space remains intense, Netflix maintains a leading position, capturing 7.5% of total U.S. video viewing time, second only to YouTube. With this sustained momentum, Netflix is increasingly viewed as a stronger contender among the "Magnificent Seven" tech giants, especially as companies like Tesla, Inc. (TSLA) struggle to regain footing. However, NFLX shares dropped more than 1% on May 19, after JPMorgan Chase & Co. (JPM) downgraded the stock from "Overweight" to "Neutral." The consensus opinion on NFLX is reasonably bullish, with an overall 'Moderate Buy' rating. Out of the 45 analysts covering the stock, 28 recommend 'Strong Buy,' three advise 'Moderate Buy,' and 14 suggest 'Hold.' While NFLX currently trades above its mean price target of $1,196.17, the Street-high target of $ 1,600 indicates a potential upswing of 20.9% from the current market price. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
