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How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
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People's Bank of China Acquires 1% stake in HDFC | Acquires 1.75 Crore Shares







In a key detail amid the lockdown caused by COVID19, the People's Bank of China has bought a one per cent stake in India's major debtor Housing Development Finance Corporation (HDFC). According to the information given to BSE, China's central bank acquired about 1.75 crore shares of HDFC in the March quarter. This development has come at a time when HDFC shares have fallen drastically. HDFC shares have fallen by more than 25 per cent in the last one month due to the worldwide spread of coronavirus infection. HDFC shares closed at Rs 1701.95 per share on the BSE on the last day of the trading week on Friday.

After this share purchase, the share of foreign portfolio investment in HDFC has increased to 70.88 per cent. The Singapore government also holds a 3.23 per cent stake in it. People's Bank of China has bought stakes in many companies around the world. It also includes large companies such as BP PLC and Royal Dutch Shell PLC.

While the market took a deep dive in March due to the havoc in the stock markets due to the havoc of Coronavirus, financial mutual funds invested Rs 11,485 crore, the highest monthly inflow in the past year. This is indicative of the fact that investors have turned their back on the decline in the market and invested in mutual funds considered safe. However, during this period, foreign investors (FIIs) withdrew a total of Rs 1.23 lakh crore from the Indian security and debt market, while domestic institutional investors ie DIIs had a net investment of Rs 55,595 crore.





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