Latest news with #KarthikJerome
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Business Standard
23-07-2025
- Business
- Business Standard
Bitcoin rally: Cap crypto exposure at 2-5% of portfolio to manage risk
Be mindful of hacking risk and lack of regulatory clarity in India vis-a-vis these assets Karthik Jerome New Delhi Listen to This Article Bitcoin surged to an intraday peak of $123,153.22 on July 14 and is now trading at around $118,000 — a rise of about 25 per cent since January. Indian investors, who led the 2024 Global Crypto Adoption Index by Chainalysis, a New York-based blockchain data and analytics firm, must avoid getting carried away by the euphoria in this market. Drivers of the rally Stronger regulatory signals from the Donald Trump administration and progress in US crypto legislation are driving institutional interest. 'The GENIUS (Guiding and Establishing National Innovation for US Stablecoins) Act officially became law, while key Bills like the
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Business Standard
10-07-2025
- Business
- Business Standard
How tax changes have transformed debt MF landscape, altered investor choice
Many investors in higher tax brackets have moved to categories like arbitrage, debt plus arbitrage, and hybrid funds Sanjay Kumar Singh Karthik Jerome New Delhi Listen to This Article The Union Budget 2023 took away the indexation benefit that investors enjoyed on gains from debt mutual funds (MF). This has had far-reaching impact on the category and the investment patterns of investors. What were the changes to tax rules? Before April 1, 2023, gains from debt MFs were treated as long-term capital gains (LTCG) if they were held for more than three years. LTCG was taxed at 20 per cent with indexation benefit. If units of debt funds were held for three years or less, the gains were treated as short-term capital gains (STCG) and taxed at the investor's slab rate.
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Business Standard
09-07-2025
- Business
- Business Standard
Avoiding fraudulent loan apps: RBI listing, ratings & reviews key to safety
Loans from registered NBFCs or banks come with a key fact statement (KFS), a sanction letter, and a loan agreement detailing all costs Sanjay Kumar Singh Karthik Jerome Mumbai Listen to This Article The Reserve Bank of India (RBI) has published a list of authorised digital lending apps (DLAs) on its website. This will enable borrowers to verify whether an app has partnered with an RBI-registered non-banking financial company (NBFC) or bank, and help them avoid unauthorised platforms. 'A loan from such a DLA comes with the standards and safeguards outlined in the Digital Lending Directions and other relevant regulations, such as the Fair Practice Code,' says Sugandh Saxena, chief executive officer (CEO), Fintech Association for Consumer Empowerment (FACE). Unauthorised DLAs lack transparency in their operations. 'Borrowers may
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Business Standard
13-06-2025
- Business
- Business Standard
Fixed deposit rates fall; Pickleball spreads: Top personal finance stories
Banks have begun to respond to the Reserve Bank of India's 50 basis point rate cut by reducing their deposit rates. This will affect the income of conservative investors, particularly senior citizens. In this week's lead story, Sanjay Kumar Singh and Karthik Jerome suggest that while investors should look for instruments that offer better yield, they should not do so at the cost of safety of capital. Namrata Kohli writes about the growing popularity of Pickleball in India. The story highlights its appeal as a fun, inclusive, and accessible sport. Read this article to learn how the game is transforming fitness habits, building communities, and attracting commercial interest. If you are looking for alternatives to bank fixed deposits, consider corporate fixed deposits. However, stick to the larger and well-known names, which are likely to be more resilient in case the credit environment worsens. Look up table to learn the rates offered by India's top corporates. Mid and smallcap funds were significantly hurt in the recent market correction. As a result, investor interest has shifted towards funds that invest a large portion of their corpus in large cap stocks, including the Flexicap category. If you are looking for a fund from this category, go through Morningstar's review of Franklin Flexicap Fund. ₹3,841 crore: Inflows received by Flexicap funds in May, the highest among equity funds Flexicap funds received the highest inflow among equity fund categories, amounting to Rs 3,841 crore. In these funds, the fund manager has complete freedom to tilt her portfolio towards whichever market cap category she thinks will deliver good returns in the near future. In the current environment, with mid and small-caps remaining expensive despite a correction, most flexicap fund managers have deployed a larger portion of their portfolios in largecap stocks, which tend to be more resilient in a turbulent environment. When selecting a flexicap fund, do not just go by past returns. Go with a fund manager with a strong track record of performance over at least the past decade. Moreover, the fund manager who fetched those returns should still be there at the helm. Avoid funds with a very high expense ratio or portfolio turnover ratio. Also go with a fund house known to have a strong team of equity analysts.
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Business Standard
22-05-2025
- Business
- Business Standard
Stay in US funds if horizon exceeds seven years, exposure less than 20%
If you are worried about a US-only exposure following the downgrade of US government debt, go for a globally diversified fund Sanjay Kumar Singh Karthik Jerome New Delhi Listen to This Article Moody's Investors Service downgraded the United States (US) government's credit rating from AAA to AA1 on May 16, 2025. This has sparked concern among Indian retail investors who have diversified globally, with many questioning whether to maintain, reduce, or exit their US fund holdings. Why the downgrade happened The downgrade stems from the US's widening fiscal deficit and elevated debt-to-GDP ratio. 'The high level of debt-to-GDP ratio could make it difficult for the US to service its debt,' says Pratik Oswal, chief of passive business, Motilal Oswal Asset Management Company (AMC).
