DOCSLIB.ORG

Motilal Oswal Nifty 500 Index Fund Motilal Oswal Nifty 500 Index Fund

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Motilal Oswal Nifty 500 Index Fund Motilal Oswal Nifty 500 Index Fund Motilal Oswal Nifty 500 Index Fund Invest in India’s Only Multicap Index Fund Product Suitability This product is suitable for investors who are seeking* Return that corresponds to the performance of Nifty 500 Index subject to tracking error Investment in equity and equity securities covered by Nifty 500 Index Long Term Capital Growth *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. For Financial Professionals. Not for Public Distribution. PROPRIETARY. Permission to reprint or distribute any content from this presentation requires the written approval of Motilal Oswal Asset Management Company. INDIA’S GROWTH STORY INTACT OVER MEDIUM-LONGER TERM For Financial Professionals. Not for Public Distribution. PROPRIETARY. Permission to reprint or distribute any content from this presentation requires the written approval of Motilal Oswal Asset Management Company. growth India’skey macroeconomic factor propelling may may be not in future. sustained and purpose used notused should explain only for investmentthe toconceptof development or implementation an illustration strategy. and for Past is or may performance 1 (Forex Reserve) 3 & (Repo Rate) Data as ofDate mentioned respective chart Data in title, Source- All time high Forex Reserves; great cushion cushion great Reserves; Forex high time All USD Billion 10% 100 200 300 400 500 600 4% 6% 8% 0% 2% - Apr-01 1950-51 Mar-02 27-Apr-01 Lowest Repo Rate 1954-55 9.00% Mar-03 1958-59 Oct-04 1962-63 1966-67 Dec-06 1970-71 Aug-07 1974-75 Jul-08 30-Jul-08 1978-79 Dec-08 9.00% (asof 09-Oct-2020) 1982-83 Mar-10 21-Apr-09 4.75% 1986-87 Jan-11 For Financial Professionals. Not for Public Distribution. PROPRIETARY. content any or distribute reprintto PROPRIETARY. Permission Not ForFinancialProfessionals. Distribution. for Public 1990-91 Feb-12 1994-95 Mar-13 25-Oct-11 (as18-Sep-2020)of 1998-99 Aug-14 8.50% 18 Sep 2020 Sep18 $545 $545 Billion 2002-03 Apr-16 09-Oct-20 4.00% 2006-07 Oct-17 from this presentation requires the written approval of Motilal Oswal Asset Management Company. ManagementOswal of writtenAssetMotilal approval the requires presentationthisfrom 2010-11 Jul-19 2014-15 Apr-20 2018-19 • • • 100 150 50 consumption. by There helping GDP growth rate to reduce cost of financing and thereby fueling production and Reporate years lowest level at over is 20 last below bein $50 2021) also crude expected to be andaround in2020 expected ~$37 to drastically come to down in in 0.93% 2019, from 5% 2012 (CAD - Low crude prices meanlower Account Current (CAD) Deficit case of global volatility India has 0 rbi.org.in, 2 2 (Brent Oil) Cruderbi.org.in, Sep-10 Mar-11 Year 10 Brent Crude - Prices Oil solid forexsolid reserve Sep-11 Mar-12 Sep-12 (USD) Oil Crude Brent Mar-13 Sep-13 2 1 Mar-14 Sep-14 www.macrotrends.net of over $545 bn. of A $545 over solid bufferin Mar-15 Sep-15 Mar-16 Sep-16 (as30-Sep-2020)of Mar-17 Sep-17 ; ; The above graph is Mar-18 . This is expected 3 Sep-18 Mar-19 Sep-19 Mar-20 Sep-20 4 India expected to benefit from young working age population • Economic growth potential that results from shift in population’s age structure • 65% of the population under 35yrs4 • Key determinants of economy’s longer run growth rate- Labour (young population) & capital (higher saving) inputs • Shape aggregate consumption, saving and investment decision • Structural factors of Indian economy favourable to catapult growth • Consumption driven economy (Domestic consumption powers 60% of GDP)5 • Relatively high gross savings as % of GDP (India ~31%, World Avg.~25%)6 Source- 4 - World Bank, 5 - World Economic Forum, 6 - World Bank, Both Info graphics - Economic times & UN; The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of an investment strategy. Past performance may or may not be sustained in future. For Financial Professionals. Not for Public Distribution. PROPRIETARY. Permission to reprint or distribute any content 5 from this presentation requires the written approval of Motilal Oswal Asset Management Company. Drivers of future consumption Source- World Economic Forum; The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of an investment strategy. Past performance may or may not be sustained in future. For Financial Professionals. Not for Public Distribution. PROPRIETARY. Permission to reprint or distribute any content 6 from this presentation requires the written approval of Motilal Oswal Asset Management Company. Global PE/VC Increasing Investment in India • India is emerging as one of the leading destinations for global PE/VC ($48bn inflows in 2019, a 28% increase over 2018 / Following global trend at 1.7% of GDP)7 • Translates to $ 87.5bn of funding between 2017-2019 towards job creation, incremental capacities, technology, infrastructure etc. - 26 lakh job generated in 2019 by PE/VC backed startup8 • Investment in core sector - financial (especially Fintech and NBFC) service accounting to $23.7bn between 2017-2019 Source- 7 & 8 - https://ivca.in/; The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of an investment strategy. Past performance may or may not be sustained in future. For Financial Professionals. Not for Public Distribution. PROPRIETARY. Permission to reprint or distribute any content 7 from this presentation requires the written approval of Motilal Oswal Asset Management Company. Short term headwinds • Global economic impact due to the Covid-19 pandemic expected to be broader than the Great Depression of 19289 • De-Growth projected by World Bank for FY 21 (India- 9.6%)10 • Balancing act between containing outbreak and reducing economic toll • Weak credit growth (slowed to 6.0% from 9.8% last year)11 Developed and Emerging Economies GDP Global GDP Growth Rate Growth Rate Source- Source- 9 - https://www.imf.org/external/index.htm, 10- World Bank, 11 - https://www.rbi.org.in/ The above graph is used to explain the concept and is for illustration purpose only and should not used for development or implementation of an investment strategy. Past performance may or may not be sustained in future. For Financial Professionals. Not for Public Distribution. PROPRIETARY. Permission to reprint or distribute any content 8 from this presentation requires the written approval of Motilal Oswal Asset Management Company. De-stablizing world’s factory • Global anti China sentiment primarily driven by: • Unfair trade and technology practices • Territorial Disputes with neighbouring countries • Accusation by US for supressing early information on the virus • Great opportunity for India to become a manufacturing hub - India putting together land bank up to the size of Luxemburg, a special task force to promote make in India • Factors in favour of India- • Considerable improvement in Rank of Ease of Doing Business from 142 in 2014 to 63 in 2020 among 190 countries12 • Young India - Prime age labor being added, will help increase consumption and savings • Radical reforms - Implementation of GST, Digitisation Drive, Insolvency Code, Easing FDI Policy Regime, Infrastructure push, Corporate Tax Rate cut to 15%) Source- 12 - https://www.doingbusiness.org/ For Financial Professionals. Not for Public Distribution. PROPRIETARY. Permission to reprint or distribute any content 9 from this presentation requires the written approval of Motilal Oswal Asset Management Company. De-stablizing world’s factory • Challenges for India - • Need to fully realize comparative manufacturing advantage • According to Nomura Securities 56 firms left China between August 2018-August 2019 (2- Indonesia, 8- Thailand, 11- Taiwan, 26- Vietnam, only 3 came to India) • Twin balance sheet problems (Over leveraged companies & banks with bad loans) • Weak linkage to global value chain • Although there have been big ticket reforms, policy implementation will be key For Financial Professionals. Not for Public Distribution. PROPRIETARY. Permission to reprint or distribute any content 10 from this presentation requires the written approval of Motilal Oswal Asset Management Company. Gateway to invest in India’s growth story MOTILAL OSWAL NIFTY 500 INDEX FUND For Financial Professionals. Not for Public Distribution. PROPRIETARY. Permission to reprint or distribute any content from this presentation requires the written approval of Motilal Oswal Asset Management Company. Why Nifty 500 Index is good proxy for India’s Listed Universe Total Market Cap Coverage Total Mcap Coverage Nifty 500 India's listed universe Ex Nifty 500 companies Description (INR Crores) 5.80% Nifty 500 Index Companies 1,46,23,365.57 94.20% India's Listed Universe Ex Nifty 500 9,00,901.80 5.80% Companies13 Total India's Listed Universe 1,55,24,267.37 100.00% 94.2% Nifty 500 Index broadest benchmark index covering ~94% of India’s listed universe Source: Data as of September 30, 2020. 13 - India’s Listed Universe Total Mcap www.bseindia.com; Nifty 500 Index Companies – NSE. The information / data herein alone is not sufficient and shouldn’t be used for implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions, figures, estimates and data included in this article are as on date. The article does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The statements contained herein may include statements of Readers shall be fully responsible/liable for any decision taken on the basis of this article. For Financial Professionals. Not for Public Distribution. PROPRIETARY. Permission to reprint or distribute any content 12 from this presentation requires the written approval of Motilal Oswal Asset Management Company.
Load more

Recommended publications
  • Chart-Watchers January 2020
    Chart-Watchers January 2020 Euphoria Phase Kicks In Currency Bond Commodity Equity Sagar Doshi Ankit Narshana Abhishek Chinchalkar Research Analyst Research Analyst Research Analyst 91 (22) 4088 5757 Ext.6226 +91 (22) 4040 7596 +91 (22) 6141 2725 [email protected] [email protected] [email protected] Date: 9th January 2020 Edelweiss Professional Investor Research ChartWatchers – “Part 2: Euphoria Phase Kicks in” Sagar Doshi Research Analyst Part 1: Beginning of the Final Crest before the Tide Changes (September 2019) 91 (22) 4088 5757 Ext.6226 Part 2: Euphoria Phase Kicks in (January 2020) [email protected] Part 3: Final Call (April 2020) Ankit Narshana In our previous ChartWatchers, we had shown why global markets rally between the time Research Analyst +91 (22) 4040 7596 US yield curve inverts and recession begins. Based on this, we had highlighted that world [email protected] markets could rally until 1HCY20. Abhishek Chinchalkar In line with our expectations, global markets have rallied sharply since 4QCY19. In fact, all Research Analyst +91 (22) 6141 2725 the 4 asset classes including bonds, currency, commodity and equity have started moving [email protected] higher. All asset classes moving higher is a classic sign of Euphoria, which we believe will continue in 1HCY20. The US yield curve has now shifted from inversion to steepening. Looking at the history, when an inversion is soon followed by steepening, it is not a good sign as it is usually followed by a recession. Based on our analysis of the historic yield curve and the subsequent recessions, we still foresee the possibility of the US economy falling into a recession in 2HCY20.
    [Show full text]
  • Motilal Oswal Nifty Smallcap 250 Index Fund (MOFSMALLCAP) (An Open Ended Scheme Replicating / Tracking Nifty Smallcap 250 Index)
    FACT SHEETth As on 30 April 2021 BUY RIGHT : SIT TIGHT Buying quality companies and riding their growth cycle Motilal Oswal Focused 25 Fund (MOF25) (An open ended equity scheme investing in maximum 25 stocks intending to focus on Large Cap stocks) Investment Objective Performance (As on 30-April-2021) The investment objective of the Scheme is to achieve long term capital appreciation by 1 Year 3 Year 5 Year Since Inception investing in up to 25 companies with long term Current Value Current Value Current Value Current Value sustainable competitive advantage and CAGR of Investment CAGR of Investment CAGR of Investment CAGR of Investment growth potential. However, there can be no (%) of ` 10,000 (%) of ` 10,000 (%) of ` 10,000 (%) of ` 10,000 assurance or guarantee that the investment 38.7 13,865 10.4 13,465 13.9 19,225 14.5 29,354 objective of the Scheme would be achieved. Scheme Nifty 50 TRI (Benchmark) Benchmark 49.9 14,989 12.2 14,135 14.7 19,869 13.3 27,015 Nifty 50 TRI S&P BSE Sensex TRI (Additional Benchmark) 46.3 14,626 12.9 14,377 15.1 20,260 13.6 27,579 Continuous Offer NAV (`) Per Unit 21.1712 21.8001 15.2688 10.0000 Minimum Application Amount : ` 500/- and in (29.3541 : as on 30-Apr-2021) multiples of `1 /- thereafter. Date of inception: 13-May-13. = Incase, the start/end date of the concerned period is non business date (NBD), the NAV of the previous date is considered for Additional Application Amount : ` 500/- and in computation of returns.
    [Show full text]
  • SEBI-BULLETIN-FEB-2019.Pdf
    SEBIBULLETIN FEBRUARY 2019 VOL. 17 NUMBER 02 ^maVr¶ à{V^y{V Am¡a {d{Z‘¶ ~moS>© Securities and Exchange Board of India SECURITIES AND EXCHANGE BOARD OF INDIA EDITORIAL COMMITTEE • Mr. P K Nagpal • Mr. Prabhakar R. Patil • Mr. Shashikumar Valsakumar • Mr. Prabhas Rath • Mr. Sahil Malik The Securities and Exchange Board of India Bulletin is issued by the Department of Economic and Policy Analysis, Securities and Exchange Board of India under the direction of an Editorial Committee. SEBI is not responsible for accuracy of data/ information/interpretations and opinions expressed in the case of signed articles/ speeches as authors are responsible for their personal views. SEBI has no objection to the material published herein being reproduced, provided an acknowledgement of the same is made. The soft copy of SEBI Bulletin is available free of cost to the subscribers/ readers, who register at [email protected] along with their complete address. A readable version of SEBI Bulletin is available at http://www.sebi.gov.in. Any comments and suggestions on any of the features/sections may be sent to [email protected] Contents Page SPEECH OF SHRI AJAY TYAGI, CHAIRMAN, SEBI AT 55TH ANNUAL 97 CONFERENCE OF THE INDIAN ECONOMETRIC SOCIETY, 2018 CAPITAL MARKET REVIEW 101 Overview OF GLOBAL FINANCIAL MARKETS 115 HIGHLIGHTS OF DEVELOPMENTS IN INTERNATIONAL SECURITIES MARKET 131 POLICY DEVELOPMENTS 135 REGULATORY ACTIONS TAKEN BY SEBI 141 TABLES 155 PUBLICATIONS 200 FEBRUARY SEBI BULLETIN 2019 55th Annual Conference of the Indian Econometric Society, 2018 Shri Ajay Tyagi, Chairman, SEBI1 1. Ladies and gentlemen, a very good morning to in the field of statistics and econometrics you.
    [Show full text]
  • Morning Call
    Morning Call 22 August 2019 Indices Close Previous Chg.% Markets extend declines for second day SENSEX 37,060.4 37,328.0 -0.72% NIFTY 10,918.7 11,017.0 -0.89% Indian shares fell notably on Wednesday amid mixed global cues NIFTY 500 8,864.5 8,957.4 -1.04% and in the absence of any stimulus package from the Modi NIFTY MID 100 15,481.9 15,728.3 -1.57% government to arrest economic slowdown. Rising oil prices also dented sentiment. TTM CY19E CY20E The benchmark S&P BSE Sensex ended the session down 267.64 Nifty EPS 472 618 709 Nifty PE 23 18 15 points, or 0.72%, at 37,060.37, with financial and metal stocks pacing the declines. The broader NSE Nifty index dropped 98.30 Market depth Advance Decline T/O(bn) points, or 0.89%, to finish at 10,918.70. Shares of Tata Motors NSE 450 1396 281 plunged as much as 9.6% amid global recession fears after BSE 627 1849 20 China's Geely Automobile Holdings posted a 40% slump in first- Spot Currency Close Previous Chg.% half profit and forecast an uncertain outlook for vehicle demand USD/INR 71.55 71.71 0.22% for the rest of the year. EURO/INR 79.45 79.45 0.01% Indiabulls Housing Finance plunged 9% to extend declines for JPY/INR 0.67 0.68 0.60% GBP/INR 86.82 86.58 -0.27% the fifth straight session after global rating agency Moody's G-Sec 10yr 6.57 6.59 0.29% downgraded its long-term corporate family rating.
    [Show full text]
  • Uncovered Equity “Disparity” in Emerging Markets
    City Research Online City, University of London Institutional Repository Citation: Fuertes, A-M. ORCID: 0000-0001-6468-9845, Phylaktis, K. ORCID: 0000-0001- 9392-1682 and Yan, C. (2019). Uncovered Equity “Disparity” in Emerging Markets. Journal of International Money and Finance, doi: 10.1016/j.jimonfin.2019.102066 This is the accepted version of the paper. This version of the publication may differ from the final published version. Permanent repository link: https://openaccess.city.ac.uk/id/eprint/22585/ Link to published version: http://dx.doi.org/10.1016/j.jimonfin.2019.102066 Copyright: City Research Online aims to make research outputs of City, University of London available to a wider audience. Copyright and Moral Rights remain with the author(s) and/or copyright holders. URLs from City Research Online may be freely distributed and linked to. Reuse: Copies of full items can be used for personal research or study, educational, or not-for-profit purposes without prior permission or charge. Provided that the authors, title and full bibliographic details are credited, a hyperlink and/or URL is given for the original metadata page and the content is not changed in any way. City Research Online: http://openaccess.city.ac.uk/ [email protected] Journal of International Money & Finance, forthcoming Uncovered Equity “Disparity” in Emerging Markets Ana-Maria Fuertes, Kate Phylaktis*, Cheng Yan 11th July 2019 The portfolio-rebalancing theory of Hau and Rey (2006) yields the uncovered equity parity (UEP) prediction that local-currency equity return appreciation is offset by currency depreciation. Vector autoregressive model estimation and tests for eight Asian emerging markets using daily data reveal instead a positive nexus between equity returns and currency returns.
    [Show full text]
  • Monthly Newsletter
    Monthly Newsletter SEBI Registered Category I Merchant Banker December 2020 Equity Market Summary: Stock prices powered higher and emboldened investors in December thanks Domestic Markets to a series of positive news events. The Dow Jones Industrial Average, which Previous Current Change in has lagged much of the year, led the rally, jumping 11.84 percent. The Month Month % terms Standard & Poor’s 500 Index tacked on 10.75 percent while the Nasdaq Composite rose 11.80 percent. Stocks climbed higher on news of positive BSE Sensex 44,149.72 47,888.67 8.47% stage-three COVID-19 trial results that suggested a highly effective vaccine Nifty 12,968.95 14,018.35 8.09% may be near at hand. Stocks that had been hurt by economic lockdowns 19,715.10 21,036.70 6.70% surged on the news, while the stay-at-home stocks suffered steep declines. Nifty Mid 100 Bond yields and oil prices both moved higher on expectations of increased Nifty 500 10,719.05 11,578.70 8.02% economic activity. Positive momentum carried the Dow Jones Industrial BSE Small Cap 16,875.15 18,261.03 8.21% Average, the S&P 500 index, and the Russell 2000 to record-high levels, with the Dow closing above the 30,000 mark. All industry sectors moved higher in December, except Utilities, which fell 1.42 percent. The month saw strong gains in Communication Services (+7.34 percent), Consumer Discretionary (+5.49 percent), Consumer Staples (+3.95 Global Markets percent), Energy (+34.54 percent), Financials (+17.50 percent), Health Care Previous Current Change in (+3.35 percent), Industrials (+14.74 percent), Materials (+12.50 percent), Month Month % terms Real Estate (+5.96 percent), and Technology (+5.33 percent).
    [Show full text]
  • Franklin Templeton Equity Update, April 3, 2020
    1 Franklin Templeton Equity Update 03 April 2020 Recent Equity Market Volatility – The 2020 meltdown We live in interesting times. Globalization has unleashed many opportunities for the economies world over but has also presented formidable challenges. The accelerated transition of COVID-19 virus from being a regional epidemic to a global pandemic is a glaring example of brutal side effects of an integrated world. The stronghold of today’s global economic interdependence can be gauged by the fact that the adverse effects of global events on an economy can far exceed the domestic positives. China, the original epicentre for COVID-19, took a series of draconian lockdown measures to contain the virus. This prolonged lockdown has disrupted the global supply chain. As the epidemic gained momentum and engulfed most parts of the world, the global economy now faces aggregate demand shock as well as supply disruptions. The risks posed by the COVID -19 pandemic are being priced aggressively across asset classes including equity. Indian equity markets, as measured by Nifty have corrected by 29% YTD, and over 30% from the peak achieved on January 13, 2020. Crude price has slumped to sub-25 USD/bbl triggered by a weakening global demand and a supply glut triggered by a standoff among large oil exporters. (Data source: NSE India, Bloomberg) Global Market rout in 2020 YTD (upto 31 Mar 2020) -37.03 Brazil Bovespa -34.51 Russia RTS -34.45 Reuters/Jefferies CRB Index -29.13 Nifty 500 -28.57 S&P BSE Sensex -27.95 Jakarta Composite -26.46 CAC 40 -25.01 Xetra
    [Show full text]
  • NASDAQ 100 - Opportunity to Invest in USD ~15 Trillion Market Cap Index Via FOF
    1 1 NASDAQ 100 - Opportunity To Invest In USD ~15 Trillion Market Cap Index Via FOF Apple + Amazon Market cap put together exceeds India’s Total market Cap France India 2.9% India UK Germany France 2.4% Germany 2.3% 3.1% 2.4% 2.9% UK 3.2% 2.4% Japan Japan 6.8% 6.6% Others Others 30.4% 30.6% China China 10.5% 10.6% USA USA 41.5% 41.3% Market Cap (%) GDP (%) Source: Bloomberg , GDP data for Oct 2020, Market Cap as on 31st Dec 2020. stocks mentioned above are used to explain the concept and is for illustration purpose only and it should not be used for development or implementation of an investment strategy. It should not be construed as investment advice to any party. The stocks may or may not be part of our portfolio/strategy/ underlying scheme. 2 Some Of The World’s Best Innovative Industries Aren’t Available In The Listed Space In India. Technology mega trends that will change the world Cloud Computing & Digital Electronic Payments Transformation Artificial Over-the-Top(OTT) Intelligence/Machine Streaming Learning Autonomous Cars & 5 G Technology Machines Disclaimer: The slide is meant to illustrate the larger themes and under-currents that are in play which may be driving the growth in said stock(s)/index/theme. The same may not necessarily fructify in the expected timeline or as expected. Themes mentioned above are used to explain the concept and is for illustration purpose only and it should not be used for development or implementation of an investment strategy.
    [Show full text]
  • ERASMUS UNIVERSITY ROTTERDAM Erasmus School of Economics
    ERASMUS UNIVERSITY ROTTERDAM Erasmus School of Economics Bachelor’s Thesis (International Bachelor Economics and Business Economics): Calendar anomalies and their prevalence across years and markets Student Name: Joshua Albert-Smith Student ID Number: 428728 Supervisor: Dr. Esad Smajlbegovic Second Assessor: Dr. Stefan Obernberger Date Final Version: 19 August, 2018 Abstract This paper examines the presence of calendar anomalies during the period of 1990-2018 and across developed, emerging and frontier markets. The anomalies examined are the Day of the Week effect, the Monday effect, the Twist on the Monday effect and the Halloween effect. The results of this paper show that both the Monday effect and the Twist on the Monday effect are still prominent across markets and periods while there is a lack of evidence for the existence of the Day of the Week effect and the Halloween effect. 2 Table of Contents 1. Introduction ..................................................................................................................... 4 2. Literature Review ............................................................................................................. 6 3. Data .................................................................................................................................. 8 4. Methodology ................................................................................................................... 12 4.1 Day of the Week Effect .......................................................................................................
    [Show full text]
  • Testing for Predictive Ability of Conventional and Shariah Indices of Selected Gulf Countries and Economic Regions Using Neural Network Modelling
    Testing for Predictive ability of conventional and Shariah indices of selected Gulf Countries and Economic Regions Using Neural Network Modelling Dr. Taufeeque Ahmad Siddiqui1 & Yusuf Abdullah2 Abstract The study employs Islamic indices along with mainstream indices and macroeconomic variables. The Indices include the Islamic and traditional Indices of the Kingdom of Saudi Arabia, Oman, UAE, GCC, BRIC’s and the Euro Area. Firstly the correlations of returns between the six pairs of traditional and Shariah indices are calculated to assess their movement with respect to each other. Secondly the macroeconomic variables i.e. Price of Brent Crude and respective exchange rate of the Countries’ currency with the USD are used to predict the stock prices of the traditional and Shariah indices. The results are based on the KTB MLP structure, MSE and relative error. For prediction of Stock indices of GCC, BRIC and Euro Area Elman network has been used. It is found that the macroeconomic variables used in forecasting model have been more accurate in predicting Shariah stock Indices for Saudi Arabia, Oman and UAE and the economic regions. Keywords: Islamic Indices, Macroeconomic variables, Artificial neural networks. Introduction The recent years have witnessed a tremendous upsurge in the Islamic fi nancial industry, especially in the dominantly Muslim countries in Middle East and Southeast Asia. The investments in Islamic Finance has been reinforced in the wake of the 2008–2009 global fi nancial crisis. The value of the total Islamic fi nancial assets under management was estimated at US$1.6 trillion at the end of 2012 and US$1.8 trillion at the end of 2013, and is expected to be US$2.1 trillion at the end of 2014.
    [Show full text]
  • Performance Overview of Indian Hedge Fund Industry
    Performance Overview of Indian Hedge Fund Industry Aditya Agarwal, Dr. Utkarsh Goel, Dr. Shailendra Kumar Indian Institute of Information Technology Allahabad, India Abstract This paper evaluates the performance of Indian hedge funds and hedge funds of North America, Latin America, Europe, Asia ex Japan, Japan and Global database for a period of 2000-2019. This paper also compares the performance of given hedge fund indexes with the major stock indexes of that region. The performance criteria have been annualized returns, annualized standard deviation and Sharpe ratio for different periods. The research shows that only Indian hedge funds have been lagging behind the equity market of the country, which raises question on the need of Indian hedge funds and the hefty fees charged by these funds. Fund level taxation is one of the biggest hindrances in the growth of Indian hedge funds industry, which is a big disadvantage to them as compared to mutual funds and equities in India. Keywords: Hedge Funds, India, Investment, Financial Market, Performance 1. Introduction Hedge funds are alternative investment funds that pools funds and uses that funds to employ numerous different strategies to earn market excess return, or alpha, for their investors. Hedge funds are usually actively managed, meaning the manager makes the decision about how to invest fund’s money. They make use of derivatives and high leverage in both domestic and international markets with the goal of generating high returns (either in an absolute sense or over a specified market benchmark), and also hedging the downside risk, i.e, they provide good returns and at the same time give downside protection on the investments, giving a better Sharpe ratio than the equity market.
    [Show full text]
  • Motilal Oswal Nifty 500 Fund
    Motilal Oswal Nifty 500 Fund Invest in India’s Only Multicap Index Fund 31st July, 2021 About Motilal Oswal Nifty 500 Fund Why is it a good proxy for India’s Listed Universe Total Market Cap Coverage Total Mcap Coverage Description (INR Crores) Nifty 500 Index India's listed universe ex Nifty 500 7.0% Nifty 500 Index Companies 2,13,74,492.85 93.0% India's Listed Universe Ex Nifty 500 16,03,276.40 7.0% Companies1 Total India's Listed Universe 2,29,77,769.25 100.00% 93.0% Nifty 500 Index broadest benchmark index covering 93% of India’s listed universe Source/Disclaimer : Data as of close of June 30, 2021. 1 - India’s Listed Universe Total Mcap www.bseindia.com; Nifty 500 Index Companies – NSE. The information / data herein alone is not sufficient and should not be used for implementation of an investment strategy. It should not be construed as an investment advice to any party. All opinions, figures, estimates and data included in this article are as mentioned above. The article does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The statements contained herein may include statements of Readers shall be fully responsible/liable for any decision taken on the basis of this article. 12 For Financial Professionals. Proprietary Content - Permission to reprint or distribute any content from this presentation requires the written approval of Motilal Oswal Asset Management Company. What you get in Nifty 500 • Offers combination of Large, Mid and small cap stocks, with overweight to large cap.
    [Show full text]