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SEBI in a circular has clarified, existing mandates used for mutual transactions can continue to remain in the name of OTM holders. Additionally, Two-Factor Authentication via an OTP on unitholder’s email/phone shall be used for redemption orders.
India’s direct tax collections jumped by 48% to Rs 13.63 lakh crore till March 15 compared to Rs 9.24 lakh crore for F.Y. 20-21.
The US Federal Reserve raised the interest rates by 25 basis points to a target range of 0.25% to 0.5%, the first increase since 2018.
HSBC AMC has launched the NFO for HSBC Crisil Ibx 50:50 Gilt Plus SDL Apr 2028 Index Fund. The NFO closes on March 28.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 5.8% | 15.9% | 14.8% | 22.2 | 4.4 |
| NIFTY NEXT 50 | 4.9% | 17.9% | 13.8% | 21.3 | 4.2 |
| S&P BSE SENSEX | 5.9% | 14.8% | 15.1% | 25.6 | 3.6 |
| S&P BSE SmallCap | 4.2% | 30.8% | 23.2% | 38.2 | 3.2 |
| S&P BSE MidCap | 3.8% | 16.1% | 16.3% | 24.0 | 3.0 |
| NASDAQ 100 | 2.7% | 7.3% | 24.6% | 32.7 | 7.9 |
| S&P 500 | 3.1% | 11.3% | 16.1% | 22.9 | 4.5 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Sundaram Financial Services Opp... | 6.3% | 9.4% | 14.1% |
| Invesco India Financial Services | 6.1% | 10.5% | 11.8% |
| 6.1% | 19.2% | 9.4% | |
| SBI Banking & Financial Services | 5.7% | 4.7% | 11.4% |
| 5.6% | 5.2% | 8.5% |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| JM Tax Gain | 4.8% | 21.6% | 19.9% |
| HSBC Tax Saver Equity | 4.7% | 22.8% | 16.0% |
| HDFC Tax Saver | 4.6% | 25.4% | 12.6% |
| Kotak Tax Saver | 4.5% | 23.4% | 19.6% |
| 4.5% | 20.5% | 15.0% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| SRF | 16.4% | 135.0% | 50.7% |
| Piramal Enterprises | 13.4% | 21.9% | 4.3% |
| Bandhan Bank | 13.0% | -11.2% | NA |
| Cholamandalam Investment & Fin... | 12.4% | 33.0% | 28.6% |
| 12.2% | 45.9% | 28.0% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| ABSL Gold | -2.9% | 16.0% | 16.6% |
| IPRUl Regular Gold Saving | -1.6% | 13.2% | 15.5% |
| HDFC Gold | -1.5% | 13.0% | 16.2% |
| Nippon India Gold Saving | -1.3% | 12.8% | 15.9% |
| -1.3% | 12.9% | 15.5% |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Muthoot Finance | -6.2% | 5.0% | 32.0% |
| Bharat Electronics | -5.9% | 52.0% | 8.7% |
| Coal India | -6.2% | 21.3% | -3.6% |
| JSW Energy | -4.6% | 250.2% | 38.0% |
| -4.1% | 49.1% | 54.7% |
Bought and Sold
| Bought on kuvera.in | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 3.4% | 28.3% | 26.0% |
| UTI Nifty Index | 4.2% | 18.5% | 15.8% |
| Axis Bluechip | 3.8% | 15.9% | 18.3% |
| IPRU Nifty Next 50 Index | 2.9% | 20.8% | 14.0% |
| 1.2% | 48.0% | 41.0% |
| Sold on kuvera.in | 1W | 1Y | 3Y |
|---|---|---|---|
| Edelweiss Balanced Advantage | 2.1% | 14.4% | 17.0% |
| -5.1% | NA | NA | |
| SBI Blue Chip | 4.1% | 15.8% | 16.6% |
| Kotak Nifty Next 50 Index | 2.9% | 20.7% | NA |
| 3.2% | 1.1% | 8.3% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Tata Digital India | 0.9% | 46.6% | 38.2% |
| Quant Small Cap | 2.3% | 62.1% | 37.8% |
| Parag Parikh Flexi Cap | 3.4% | 28.3% | 26.0% |
| IPRU Technology | 1.2% | 48.0% | 41.0% |
| 3.3% | 43.0% | 35.6% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Reliance Industries | 5.4% | 18.1% | 29.9% |
| Adani Green Energy | 4.0% | 56.3% | NA |
| Tata Motors | 6.9% | 35.7% | -2.7% |
| Infosys | 2.3% | 34.0% | 30.9% |
| 1.1% | 18.2% | 24.9% |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Apple | 4.0% | 37.5% | 37.8% |
| Tesla | 10.0% | 38.3% | 76.9% |
| Microsoft Corporation | 4.8% | 31.5% | 37.8% |
| Amazon.com | 9.3% | 4.9% | 30.5% |
| 15.6% | -25.4% | 9.1% |
Data Source: NSE, BSE & Kuvera.in
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This market update was initially published by Livemint.
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