Latest news with #Tradejini
Mint
4 days ago
- Business
- Mint
Do not expect the Nifty 50 to hit a new high again this year, says Trivesh D, COO, Tradejini
Trivesh D, COO Tradejini expects volatility to continue in the near term. In an interview with LiveMint, the expert predicted that the Indian benchmark Nifty50 is not likely to hit a new high again this year. After the recent rally, it is natural for markets to take a breather and consolidate, he noted. Moreover, Trivesh suggests maintaining asset allocation, not going 100% into equity, but if you are sitting on the sidelines, this might be a good time to start allocating gradually. We might continue to see some volatility in the near term. We don't expect the Nifty 50 to hit a new high again this year. After the recent rally, it is natural for markets to take a breather and consolidate. There are still some uncertainties around global tariffs and trade flows. Once we get more clarity on those, the market will likely find better direction. I had to say stay invested. Maintain your asset allocation, don't go 100% into equity, but if you are sitting on the sidelines, this might be a good time to start allocating gradually. There could be ups and downs, but right now, the risk-reward equation looks favourable for long-term investors. Holding cash doesn't usually help, it gives you negligible returns and at times does not even cover inflation. The better question is where to invest, not whether to invest. You want to stay deployed in productive assets. It's always about finding the right vehicle for your money. Short-term events like RBI policy or global headlines may move the needle briefly, but they don't change long-term outcomes. What matters more is how companies are performing, how sectors are growing, and whether businesses are delivering steady earnings growth. That's where the real signals are. We don't think they have really underperformed if you zoom out a bit. Yes, Q1 saw steep corrections; midcaps and smallcaps fell about 22% and 26%, respectively. But since April, we have seen a strong bounce-back, smallcaps are up 28%, midcaps around 23%. So, it looks more like a deep correction followed by recovery, not a structural underperformance. Both have done well recently. Private banks rallied 17% from January lows, and PSU banks surged 25% from their March lows. For me, it's less about choosing between PSBs or private players, it's about valuation. PSU banks still look undervalued, and if their P/E multiples expand, they could outperform. We generally prefer shifting out of overvalued names into stocks that have room to re-rate. Metals are riding strong gusts. China's policy push, a global focus on green energy, and a general increase in demand. These shifts are supportive, and they do present an investment case. But again, it depends on how policy and trade dynamics play out. It is a space to watch closely. Gold seems expensive right now. A lot of the global uncertainty is already priced in. We don't see much room for it to go significantly higher from here unless there is a fresh global crisis. You should not move entirely out of equities. Instead, keep a diversified approach, maybe allocate 5–15% to gold. It is a good hedge during uncertain times, but equities still offer better long-term growth. The idea is balance, not either-or. Do your research before you invest. Don't buy just because someone else told you to. At the end of the day, it's your money and if things go wrong, no one else is taking the hit for you. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
India Today
28-05-2025
- Business
- India Today
Finfluencer frenzy: Why you shouldn't chase viral stock tips
It often starts with a reel. You're unwinding after a long day, scrolling through Instagram, when a sharply edited video stops your thumb. A confident voice promises a stock that will "double in 30 days." The chart looks convincing. The profits look real. The urgency feels minutes, you're watching another. Then another. Before you know it, you're downloading an app, opening a demat account, and investing in a company you hadn't heard of until five minutes how thousands of retail investors are getting swept up in a surge of financial advice on social media, driven not by seasoned economists or licensed advisors but by a new breed of digital celebrities known as 'finfluencers'.FINFLUENCERS RIDE DIGITAL BOOM In India's booming digital economy, these social media personalities have become the new-age financial guides for millions of retail investors. A recent CFA Institute report found that 82% of retail investors act on finfluencer advice, and 72% even reported making the surface, it sounds like a success story. But scratch a little deeper, and the sheen wears off. Only 2% of these finfluencers are Sebi-registered, and the rest? Operating in a regulatory grey zone where accountability is optional and consequences are rare.'The biggest risk is acting on flashy advice without context,' warns Trivesh D, COO of brokerage firm Tradejini. 'We know many finfluencers aren't qualified, but they sound convincing. If you're blindly following someone with no skin in the game, you could end up in poor trades, or worse, manipulated stocks.'advertisementAnd this isn't just a matter of a few bad calls. The psychological mechanics behind these digital interactions are built to influence, not inform. FOMO—fear of missing out—is baked into the more dramatic the claim, the more views it garners. The algorithms that power your feed reward virality, not veracity.'Emotion rarely leads to sound investing,' Trivesh adds. 'When people online seem to be making money, it creates pressure to jump in. But that's not a strategy, it's just emotion dressed up as one.'VLA Ambala, a Sebi-registered research analyst and co-founder of Stock Market Today, has seen firsthand how this emotional bait can sink unsuspecting investors.'Most of these influencers are neither qualified nor willing to come under Sebi's regulatory umbrella. Many of them are simply copy-pasting trending content to attract followers. They promote risky or unsuitable financial products for personal gain,' she STOCK BUZZ, RESOURCEFUL IPO HYPEConsider the now infamous case of the Resourceful Automobile IPO. With just two Yamaha showrooms and eight employees, the company's IPO was still subscribed 400 times, thanks largely to finfluencer hype. 'There was no substance, only buzz,' Ambala recalls. 'And that buzz was manufactured.'Then there's the case of Gensol Engineering Ltd, where finfluencers widely promoted the stock and its charismatic promoters, Anmol and Puneet Singh Jaggi. The company's meteoric rise drew in thousands of retail investors, but when Sebi flagged serious corporate governance issues and fund diversion, the stock tanked and investors saw losses of up to 95%.advertisementCrypto investors, too, have been stung. Popular YouTubers endorsed platforms like Vauld, a Singapore-based crypto firm that suspended deposits and withdrawals in 2022. Indian investors were left stranded, unable to retrieve their consequences are real and often costly. 'Following unverified advice from finfluencers can damage an investor's long-term strategy,' Ambala cautions. 'Instead of growing wealth with clear goals, people end up chasing random tips. It's inconsistent and unsustainable.'CREDIBILITY CRISISPerhaps the most worrying part is the illusion of credibility. 'Many finfluencers look like professionals but are actually experts in sales and marketing,' she says. 'They appear free, but they earn massive commissions through brokerage referrals and subscriptions. The average viewer doesn't see the conflict of interest.'Despite repeated warnings from Sebi, a vast number of these content creators continue to offer direct stock recommendations, often without disclosing affiliations or incentives.'If someone is promising guaranteed returns, pushing penny stocks aggressively, or avoiding questions about their holdings, that's a red flag,' says Trivesh. 'Genuine advice rarely comes wrapped in hype.'advertisementBoth experts stress that education is the first line of defence. Building financial literacy and cultivating scepticism can go a long way in protecting retail investors.'Don't just take someone's word for it,' Trivesh says. 'Cross-check with reliable sources. Look at company filings. Consult licensed professionals.''Popular doesn't mean accurate,' Ambala adds. 'Social media algorithms push what gets the most clicks—not what's true. The onus is on investors to verify before they act.'So, what should new investors do? Slow down. Read. Ask questions. Find out if the person dishing out stock tips is registered with Sebi or is at least credible. Learn the basics before diving into complex strategies. And most importantly, if it sounds too good to be true on social media, it's usually a warning sign, not a winning bet.
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Business Standard
12-05-2025
- Business
- Business Standard
24% return in 5 years? Aggressive hybrid funds a go-to choice for investors
Amid market volatility, aggressive hybrid mutual funds have quietly emerged as a reliable, high-performing option for those seeking both growth and stability. According to the latest data from the Association of Mutual Funds in India (AMFI), the asset base of aggressive hybrid funds rose 12% year-on-year to Rs 2.26 lakh crore in April 2025, while the investor base expanded by 3.5 lakh folios, reaching nearly 58 lakh. What are aggressive hybrid funds? Aggressive hybrid mutual funds invest 65–80% of their assets in equities and the rest in fixed-income (debt) instruments. This blend offers a sweet spot between risk and reward—ideal for investors with a moderate risk appetite and a 3–5 year investment horizon. 'Investors want equity-like returns, but with a cushion. That's where aggressive hybrids shine,' says Trivesh D, COO of Tradejini. "These funds invest 65-80 per cent in equity and the rest in debt, giving you an equity-like growth potential with a debt cushion. Think of them as an auto-rebalancing portfolio combining a flexi-cap and short-duration fund. For new investors, or those seeking long-term growth with less anxiety, aggressive hybrids are an excellent starting point. While it may not match the market highs, it softens the lows, giving you a smoother ride. Further, the auto-rebalancing feature and treatment as an equity-oriented fund offers tax advantage. In essence, it's a simplified version of an investor's portfolio across equity-debt, market capitalisation and credit quality," as per the Value Research Team. How have they performed? Recent performance numbers back the growing enthusiasm: 1-year average return: 9% 2-year average return: 20% 3-year average return: 15% 5-year average return: 21% These funds differ from other hybrid mutual funds primarily in the equity exposure, as they invest 65-80 per cent in equities higher than the conservative or balanced hybrids that offer better return potential but also higher risk, making them ideal for investors with a moderate risk appetite and a 3-5 year view, as per Trivesh D. Which Funds Are Leading the Pack? On average, the 31 aggressive hybrid mutual funds in the market delivered ~9% returns over the last year. Top-performing funds include: Mahindra Manulife Aggressive Hybrid Fund: 23.6% (5-year return) DSP Aggressive Hybrid Fund Bandhan Aggressive Hybrid Fund SBI Equity Hybrid Fund Invesco India Aggressive Hybrid Fund These funds have capitalised on sectors like banking, consumer durables, and infrastructure, while limiting exposure to high-volatility sectors like IT and oil & gas. "With the market expected to move more on sector-specific and stock-specific developments rather than broad-based rallies, fund managers with a dynamic approach will be better positioned to capture emerging opportunities," Santosh Joseph, CEO, Germinate Investor Services, said. Why Aggressive Hybrid Funds are gaining ground The numbers speak for themselves: the asset base of aggressive hybrid funds grew from Rs 2.02 lakh crore in April 2024 to Rs 2.26 lakh crore in April 2025, a solid 12% year-on-year increase, according to AMFI data. This growth is not just a statistic—it reflects a significant behavioural shift among retail investors. 'Retail investors are actively seeking balanced and tax-efficient options, especially after SEBI's recent tightening of F&O norms,' explains Trivesh D, COO of Tradejini. The crackdown on high-risk derivatives trading has pushed many investors toward more stable, diversified investment avenues—and aggressive hybrid funds fit the bill perfectly. These funds have outperformed traditional debt instruments and even many pure equity funds in risk-adjusted terms over 3- to 5-year horizons. What's driving these returns? Take the Mahindra Manulife Aggressive Hybrid Fund, for instance. Its strong performance stems from: Overweight position in large-cap equities: Sectors like banking, consumer durables, and construction materials offer dependable growth with lower volatility. Underexposure to global risk sectors: The fund avoids heavy allocations to IT, oil & gas, and metals, which are prone to international demand and commodity price swings. Smart debt allocation: By maintaining a solid chunk in high-quality fixed income, the fund builds in a stability layer. If policy rate cuts are announced later this year, the bond component could benefit from capital gains, further boosting returns. Aggressive hybrid funds give investors exposure to growth (through equities) while offering capital protection during volatile times (through debt). Experts say this mix is increasingly relevant as: Markets are expected to move in a stock-specific and sector-specific way rather than broad rallies Geopolitical and interest rate uncertainty continues to drive caution Equity valuations are high, so many investors are reluctant to go "all in" 'Fund managers with dynamic strategies are better positioned to capture pockets of opportunity,' said Santosh Joseph, CEO of Germinate Investor Services. 'Aggressive hybrids allow you to benefit from this without committing 100% to equity.' How much to invest? Experts recommend using a Systematic Investment Plan (SIP) to invest in such funds, as it helps average out market volatility and instills investment discipline. They typically suggest allocating 15-25 per cent of an investor's portfolio to hybrid funds, depending on risk appetite. Stay invested for at least 3–5 years: That's when the asset allocation strategy truly pays off Overall, the hybrid category's asset base grew 21 per cent year-on-year to Rs 9.15 lakh crore as of April 2025 and added over 22 lakh folios to 1.58 crore during the period. Tax advantage: From a taxation perspective, aggressive hybrid funds are treated as equity-oriented funds, meaning: Long-term capital gains (after 1 year) are taxed at 10% above ₹1 lakh per year This is lower than the tax on debt funds, making hybrids a smart choice for tax-efficient long-term investing
India Today
30-04-2025
- Business
- India Today
Can gold retain its glitter as Dalal Street gets back its glow?
Gold prices, which recently touched an all-time high of Rs 1 lakh, have started to come down as global conditions improve and stock markets recover. This shift has reduced the demand for gold as a safe investment, with investors now turning their attention back to a week ago, gold was trading at record levels due to global uncertainty. Concerns over trade tensions, US tariffs, and geopolitical issues had pushed investors towards gold, a common choice during uncertain times. But now, things are the same time, stock markets have shown strong performance. The Sensex has crossed the 80,000 mark, and the Nifty has posted its best level in 2025 so far. As a result, investor confidence in equities has returned, lowering the appeal of TO RETAIN ITS GLITTER?Trivesh, Chief Operating Officer of Tradejini, said that gold and stocks serve different purposes in an investment plan.'Gold has gone up by over 30% since Akshaya Tritiya 2024 and over 200% in the last ten years. The rise was mainly due to global market troubles, trade restrictions, and rising oil prices. In India, gold is not just an investment—it has cultural value and is seen as a sign of prosperity and security during festivals and family events.'He added that while gold had a strong rally, some correction is natural as global tensions ease. Still, gold remains a popular choice for protecting capital and reducing risk during uncertain the other hand, equities provide growth. 'The Nifty 50 has bounced back by 12% from its April low. But now, market expectations are high. If company earnings do not meet these expectations, there could be a correction,' said advised a balanced investment strategy. 'Gold protects you from market ups and downs. Equities help your money grow over time. Choosing the right mix depends on how much risk you can take and what your financial goals are.'advertisementWHY ARE GOLD PRICES FALLING?The recent fall in gold prices is mainly because of better global trade Treasury Secretary Scott Bessent recently said that several major trading partners, including India, had come forward with strong proposals to avoid US tariffs. He added that a trade deal with India might be signed soon. China has also decided to remove tariffs on some US goods, which is seen as a move to reduce tensions. At the same time, the US has said it will ease the impact of auto tariffs. These steps are expected to improve trade relations between large Trivedi, Vice President and Research Analyst for Commodities and Currency at LKP Securities, said, 'The fall in gold demand came as the US began tariff talks with many countries. Hopes for a China-US trade deal and possible peace between Russia and Ukraine have also reduced the need for gold as a safe option.'advertisementHe explained that when global tensions fall, investors tend to move their money away from safe options like gold and into other investments that might offer better returns. This shift has pulled down gold prices both globally and in India. At one point, gold had climbed to $3,500.05 per ounce due to fears of a global slowdown and market OUTLOOK FOR GOLDRahul Kalantri, Vice President of Commodities at Mehta Equities, said gold prices dipped early Monday due to low demand in China. However, they recovered slightly later in the day due to global risk worries and some profit-taking in the US said that recent border tensions between India and Pakistan, and attacks in Iran, briefly pushed gold prices up again. But the rise didn't last shared current levels for gold and silver. He said gold has support at $3,310–$3,288 and resistance at $3,360–$3,378. In India, this means gold has support at Rs 95,450–Rs 95,080 and resistance at Rs 96,750–Rs 97,290. Silver is also facing pressure, with support at Rs 95,680–Rs 94,850 and resistance at Rs 97,150–Rs 97, Renisha Chainani, Head of Research at Augmont, said that gold prices could rise again if a new global issue appears. She said that if gold moves above $3,380 (about Rs 96,400), it could go up to $3,435 (around Rs 97,400), and possibly reach $3,500 again (about Rs 99,400).advertisement(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)
Business Mayor
28-04-2025
- Business
- Business Mayor
Hybrid mutual fund schemes' inflow moderates in FY25; number of investors, AUM soar
Hybrid mutual fund schemes attracted Rs 1.19 lakh crore in 2024-25, 18 per cent lower than the preceding fiscal, owing to market turbulence in the second half of FY25 triggered by corporate earnings slowdown and geo-political tensions. Despite the moderation in inflow, the category has seen a robust increase in both the number of investors and assets under management (AUM) during FY25 compared to those in the preceding fiscal, data with the Association of Mutual Funds in India (Amfi) showed. A key factor contributing to this resilience is the drawdown protection provided by the debt component of hybrid schemes. 'The drawdown protection offered by the debt component of hybrid schemes is a key reason, as it allows investors to stay invested without the stress that comes with pure equity volatility. The NAVs (net asset valued) of hybrid funds typically experience lower drawdowns compared to equity funds, making them a preferred choice for investors seeking a more stable journey,' Trivesh D, COO of Tradejini, said. Hybrid mutual funds schemes have experienced an increase in the number of investors, with the number of folios reaching 1.56 crore in March 2025 from 1.35 crore a year earlier, adding an investor base of more than 33 lakh. This shows investors' inclination for hybrid funds. This was complemented with assets under management (AUM) of the category increasing to Rs 8.83 lakh crore as of March 2025 from Rs 7.23 lakh crore in FY24, showing a 22 per cent growth. Overall, the industry added more than Rs 12 lakh crore to a record AUM of Rs 65.74 lakh crore as of March 2025. Hybrid funds are mutual fund schemes that typically invest in a combination of equity and debt securities and sometimes in other asset categories such as gold. According to the industry data, the hybrid category saw net inflows of Rs 1.19 lakh crore in FY25 compared to an inflow of Rs 1.45 lakh crore in FY24. However, the category experienced an outflow of Rs 18,813 crore in FY23. Read More Tabula IM launches Global High Yield Fallen Angels ETF 'We have seen a slight dip in net inflows from Rs 1.45 trillion in FY24 to Rs 1.19 trillion in FY25. The slowdown in inflows majorly happened in second half of the FY25 due to market turbulence driven by corporate earnings slowdown, election uncertainty and geopolitical tensions and another major reason was dip in NFOs in this category,' Feroze Azeez, Joint CEO, Anand Rathi Wealth Ltd, said. FY24 higher inflows in this category was driven by higher NFO (New Fund Offer), with 21 NFOs in FY24, whereas in FY25, the NFO count declined to 12, which led to slower inflows, he added. Hybrid funds appeal more to investors with a moderate or low-risk profile. These funds are good investment options as they reduce the volatility associated when participating in equity markets while simultaneously providing stability in the fixed-income market. Additionally, huge interest was garnered by hybrid schemes following a change in taxation for debt funds. Looking ahead to FY26, with rate cycle uncertainty, global risk-off cues, and elevated domestic valuations, Trivesh of Tradejini believes investors will prioritise funds that offer both growth and cushion. Anand Rathi Wealth's Azeez recommended investors to build a strategy-based portfolio with an 80:20 asset mix across equity and debt, which helps ride volatile markets comfortably as it reduces the volatility and improves the stability and liquidity in the portfolio. READ SOURCE businessmayor April 27, 2025
