Nippon India Asset Allocator FOF Allocator Asset India Nippon Nippon Indiaassetallocatorfof Large Cap
Total Page:16
File Type:pdf, Size:1020Kb
Be Where the Growth is Small & Mid Cap Large Cap Gold Debt Visual is for illustration purpose only. Nippon India Asset Allocator FOF (An open ended fund of funds scheme investing in equity oriented schemes, debt oriented schemes and gold ETF of Nippon India Mutual Fund) Performance of various Asset Classes and Sub Asset Classes keep changing over time. Even the best of minds cannot always predict which asset class will do well. But we have a solution for you! Nippon India Asset Allocator FoF invests across Equity oriented schemes, Debt oriented schemes and Gold ETF of Nippon India Mutual Fund with the help of an in-house proprietary model. This model decides allocation across Large Cap, Mid Cap, Small Cap, Short Term Debt, Long Term Debt and Gold ETF. This dynamic framework uses a robust set of Macro, Micro & Market Indicators with an aim to deliver superior risk adjusted returns. This ensures that you are always invested in the asset classes where the growth is most likely to be! NFO Opens On:18th January'21 | NFO Closes On:1st February'21 For more information, contact your mutual fund distributor or visit: mf.nipponindiaim.com Investors will be bearing the recurring expenses of the scheme in addition to the expenses of underlying schemes. Nippon India Asset Allocator FoF (An open ended fund of funds scheme investing in equity oriented schemes, debt oriented schemes and gold ETF of Nippon India Mutual Fund) Nippon India Asset Allocator FoF is suitable for investors who are seeking*: • Long term capital growth • An open ended fund of funds scheme investing in equity oriented schemes, debt oriented schemes and Gold ETF of Nippon India Mutual Fund Investors understand that their principal *Investors should consult their financial advisors if in doubt about whether the product is suitable for them. will be at High risk Mutual Fund investments are subject to market risks, read all scheme related documents carefully. OPINION, P6 MARKETS, P11 INTERNATIONAL, P8 MADAN SABNAVIS S SUBRAMANIAN NORMS COMPLIANCE AMERICAN DREAM Better to have moderate India seeing K-shaped Sebi extends Biden to propose recovery, with the formal expectations from the sector doing well while relaxations given 8-year citizenship upcoming Budget the informal one lags for rights issues path for immigrants PUNE, WEDNESDAY, JANUARY 20, 2021 FOLLOW US ON TWITTER & FACEBOOK. APP AVAILABLE ON APP STORE & PLAYSTORE WWW.FINANCIALEXPRESS.COM VOL. XI NO. 303, 18 PAGES, `6.00PUBLISHEDFROM:AHMEDABAD,BENGALURU,CHANDIGAR H,CHENNAI,HYDERABAD,KOCHI,KOLKATA,LUCKNOW,MUM BAI,NEWDELHI,PUNE READ TO LEAD SENSEX: 49,398.29 ▲ 834.02 NIFTY: 14,521.15 ▲ 239.85 NIKKEI 225: 28,633.46 ▲ 391.25 HANG SENG: 29,642.28 ▲ 779.51 `/$: 73.17 ▲ 0.11 `/€: 88.68 ▼ 0.28 BRENT: $55.39 ▲ $0.64 GOLD: `48,977 ▲ `165 IN THE NEWS DATA PRIVACY ● IN THE OFFING SBI, ICICI Bank, Govt plans HDFC Bank still Withdraw new policy: changes to 'too big to fail': RBI RBI ON Tuesday said state- norms on FDI owned SBI, along with private sector lenders ICICI Centre to WhatsApp in e-comm Bank and HDFC Bank continue to be Domestic ADITYAKALRA Systemically Important Banks Says new policy raises grave ‘Sanctity of personal & KRISHNA N DAS (D-SIBs) or institutions which concerns over implications for New Delhi, January 19 are 'too big to fail',reports communications PTI. SIBs are subjected to choice & autonomy of Indians THEGOVERNMENTISconsid- higher levels of supervision must be maintained’ ering revising its foreign so as to prevent disruption in KIRAN RATHEE FE BUREAU investment rules for e-com- financial services in the event New Delhi, January 19 New Delhi, January 19 merce,threesourcesandagov- of any failure. ernment spokesperson told TERMING ITS NEW privacy policy unilateral, EXPRESSING CONCERN overWhatsApp’s new Reuters, a move that could Govt to sell entire unfair and unacceptable, the ministry of privacy policy on sharing commercial user data compel players, including electronics and information technology with parent Facebook,communications and IT Amazon,to restructure their YOUNG GUNS CONQUER GABBA 26.12% stake in (MeitY) on Tuesday asked WhatsApp to ministerRaviShankarPrasadonTuesdaycategor- tieswith some majorsellers. Man of the Match Rishabh Pant carries the Border-GavaskarTrophy as he celebrates VSNLthis fiscal withdraw it and reconsider its approach to icallysaidsanctityandprivilegeofpersonalcom- The government discus- with teammates after a historicTest series win againstAustralia at the Gabba, Brisbane information privacy, municationsneedto sions coincide with a growing THE GOVERNMENT will sell Centre’s freedom of choice and bemaintained. number of complaints from its entire 26.12% stake in instructions datasecurity. Be it WhatsApp, Responding to bricks-and-mortar retailers, Tata Communications (TCL), toWhatsApp In a strongly-worded be it Facebook, be aquestionbyIndian which have for years accused GROWTH CAPITAL erstwhile VSNL, through letter to CEO Will Cath- it any digital plat- Express Group’s Amazon and Walmart-con- Provide details offer for sale and strategic ofservices in cart, the ministry has form, you are free executive director trolled Flipkart of creating sale route in the current India, categories of also sought a detailed to do business in AnantGoenkaatthe complex structures to bypass Dunzo raises $40 m from fiscal, reports PTI. The data collected and information about its India but do it 15th India Digital rules, allegations the US com- transaction is to be permissions sought data sharing protocols without impinging Summit organised panies deny. completed by March 20, and business practices. byIAMAI,he said all Indiaonlyallowsforeigne- 2021, DIPAM said. Explain ifconducting MeitY has also raised upon the rights digital firms are free commerce players to operate Google, Lightbox & others profiling ofIndian objections to the differ- of Indians. to operate in India as a marketplace to connect users, explain E-comm exports: ential treatment — butwithoutimping- buyers and sellers.It prohibits FE BUREAU difference RAVI ■ Dunzo offers a full-stack of Agri-tech firm accorded by WhatsApp ing upon the rights themfromholdinginventories New Delhi, January 19 between SHANKAR services across commerce, Amazon partners toitsusersinIndiacom- PRASAD, ofIndians.“Thisisan of goods and directly selling DeHaat gets privacy policy in India IT MINISTER courier and commute Startup India and other countries paredwith those in the issuethatmydepart- them on theirplatforms. ONLINE DELIVERY START-UP European Union. ment is working Amazon and Walmart’s Dunzo on Tuesday said it has ■The company Prosus backing AMAZON ON Tuesday said it WhatsApp’s new on...it will not be FlipkartwerelasthitinDecem- raised a fresh $40 million from said it is now has partnered Startup India, privacy policy was to be implemented from properformetomakecomments,excepttoflagone ber 2018 by investment rule newand existing investors.The about $100-m PROSUS NV IS investing in Sequoia Capital India and February 8 but has been put on hold till thingveryclearly,be itWhatsApp,be it Facebook, changes that barred foreign e- investment, part of the com- annualised agritech companyDeHaat in a FiresideVentures to launch May 15 due to user backlash; the policy aims beitanydigitalplatform,youarefreetodobusiness commerce players from offer- pany’s ongoing Series E finan- GMVbusiness bet on India’s $350-billion an accelerator programme to to share commercial user data with in India but do it without impinging upon the ing products from sellers in cial round, saw participation farming industry, reports ■ So far, the company has help early-stage start-ups parent Facebook. rightsofIndianswhooperatehere,”hesaid. whichtheyhaveanequitystake. from Google, Lightbox, Evol- Bloomberg. The Dutch e- take their brands to global raised nearly $135 million vence, Hana Financial Invest- in funding commerce group with assets audiences, reports PTI. Continued on Page 2 Continued on Page 2 Continued on Page 12 ment, LGT Lightstone Aspada all round the globe led a Series andAlteria,amongothers. C funding round of $30 mil- ● Thefreshcapitalwillbeused markets,thefirmsaid. lion that DeHaat will use to CASH TRANSFER FIN-TECH TALK to expand in Mumbai,Chennai hire more staff,develop new Special Features and Pune, its fastest growing Continued on Page 12 technology and improve its DBTscheme supply chain, the head of Pro- Three behavioural biases to Payments space to sus Ventures India,Ashutosh for fertiliser Salesforce invests in Darwinbox Sharma,said in an interview. The DeHaat platform uses avoid when investing SALESFORCE.COM IS mak- Bloomberg. The US giant’s artificial intelligence to help Portfolio performance tends to subsidy may mature: Sharma ing its first investment in an venturearmisleadinga$15- around 350,000 farmers be poorwhen a majority ofthe Indian company,a developer million financing round for source raw materials, find buy and sell decisions are be rolled FE BUREAU We at Paytm believe that of human resources software Darwinbox, its first in India advisory and credit services ` Hold suboptimal because of New Delhi, January 19 we would stand for an that serves several of Asia’s anditsonlyinvestmentinAsia and sell theircrops. irrational investing behaviour. largest tech start-ups,reports outsideofJapan. ■ Page 4 52-Week Low Buy out in FY22 opportunity that India Avoid such biaseswhen PAYTMFOUNDER&CEOVijay Report on Page 4 52-Week High creates. A company, a set Exit investing to prevent losses PRASANTASAHU Shekhar Sharma on Tuesday ■ Personal Finance, P9 New Delhi, January