Skip to main content

5 Best Equity Mutual Funds for 2021

How we have selected the best equity Mutual Funds? 1) Past performance We have selected the mutual funds based on their past performance. For this, we have kept in mind their 3 to 5-year returns. 2) Ratings Some institutions like Crisil, ICRA, CARE Rating and Value Research Online provide very reliable ratings, which we have kept in mind, before allocating these 5 equity mutual funds. 3) Quality of the portfolio We have also kept the quality of the portfolio in mind. In fact, much of the weightage has been given to the same. Based on the above, we have arrived at these 5 best mutual fund schemes to invest in 2021. 1. Axis Bluechip Fund Growth Axis Bluechip Fund growth has a 5-star rating from Crisil. The fund has a solid track record and has generated returns of close to 19.74% annualized returns in the last three years. The returns every year over the last 5 years average of 13.8%. The fund has solid holdings including in HDFC Bank, Reliance Industries, Kotak Ma

Amazon invests ₹4,473 cr in its Indian subsidiaries

  • Firm infuses 3,400 cr into online marketplace, 900 cr into its payments platform
  • The latest round of investment comes at a time when Amazon’s India biz witnessed narrowing losses

  • Global e-commerce giant Amazon Inc. has infused $631 million ( 4,472.50 crore) into its Indian subsidiaries, including Amazon Seller Services, Amazon Pay and Amazon Retail, show filings with the Registrar of Companies.
    The e-commerce giant has invested 3,400 crore in Amazon Seller Services, its online marketplace arm, 900 crore in its payments platform Amazon Pay (India), and 172.50 crore in Amazon Retail India.
    Mint couldn’t ascertain how Amazon plans to utilize the funds for the three subsidiaries.
    The development comes even as its rival Flipkart applied for government licences to set up a new local entity, Flipkart Farmermart, which will focus on food retailing in India. Flipkart is expected to pump in 2,000 crore initially in the business, with further investments as it expands the supply chain, storage and logistics for the new business.
  • Flipkart is looking to cash in on its parent, Walmart’s expertise in food retailing, which accounts for a major chunk of the American firm’s business. Walmart runs a cash-and-carry business in India and has partnerships with farmers across the country.
    Flipkart’s move shows the food and grocery space is emerging as the next battlefront for e-commerce companies.
    In August, Kishore Biyani’s Future group had said that Amazon was picking up a 49% stake in Future Coupons, which holds about 7.3% stake in Future Retail through convertible warrants, the company which owns Biyani’s BigBazaar retail chain. Future Retail has a network of more than 1,500 stores across various formats, including 293 BigBazaar stores. Earlier, Amazon had also picked up a minority stake in supermarket chain More.
  • The latest round of investment comes at a time when the Jeff Bezos-owned e-commerce giant’s India business has witnessed narrowing losses.
    Amazon Seller Services saw a 9.5% year-on-year fall in loss to 5,685 crore in 2018-19, PTI reported on Tuesday, citing documents sourced from business intelligence platform Tofler. Further, its sales grew 55% to 7,778 crore in 2018-19 over the previous fiscal year. Even as Amazon Seller Services cut losses, it was hit by the poor performance of its payments business. Amazon Pay India, which competes with the likes of Paytm, Flipkart’s PhonePe and Google Pay, recorded widening losses of 1,160.8 crore in FY19 from 334.20 crore in FY18, as per Tofler. Amazon’s combined losses in India in 2018-19 were over 7,000 crore.
  • Flipkart has reportedly dominated the festive sales season this year, with around 60% share of the standalone gross merchandise value (GMV). Along with Flipkart group entities such as Myntra and Jabong, it has around 63% market share in India, according to the 8 October report by market research firm RedSeer Consulting. Last year, Flipkart had a 51% share of festive season sales. Amazon had a 30% market share during the festive season sale, the RedSeer report added. Other online retailers commanded just 10% of the overall festival sales in 2019, down from 18% last year.
    According to the report, e-commerce firms, including Flipkart and Amazon, had clocked $3 billion ( 19,000 crore) in GMV in the six-day sales event in early October. The combined festival sales in 2019, largely led by the mobile phone category in terms of GMV, were 30% higher than what the two companies had generated in 2018. Flipkart and Amazon clocked $2.3 billion in GMV in 2018, up 77% from the 2017 event.


Popular posts from this blog

5 companies that have destroyed wealth of investors in past

India’s stock benchmarks — Sensex and Nifty — have returned 12 percent in the last years and Nifty 50  returned 52% percent in the last 5 years thanks to the resilience of a few blue chips. But a study of stock performances beneath the surface shows the extent of investor wealth destruction in the past years. Many companies such as Cox & Kings, McLeod Russel India, Reliance ADAG companies, Dewan Housing Finance, Indiabulls Housing Finance, Jet Airways (India), Reliance power, among others have lost 78-99 percent in value, making them the biggest wealth destroyers in this period. Just Dial has been one of the biggest wealth destroyers in the last 5 years. The stock, which was trading at around Rs 1,600 in July 2014, has fallen over 50 percent to around Rs 470 per share currently. To put it into perspective, an investment of Rs 1 lakh in 2014 would have reduced to Rs 25,000 in 2020. The stock declines have been mostly on account of investor aversion to companies with high de

Top 5 best programming language in the world

If you are a newbie in the field of software development, the very common  question comes to your "where to begin? " that is undoubtedly true  if you want to be a software developer you must need to know programming language.  Thousands of programming language are present but "which programming language is best?" That is definitely tough.  Today I will talk about five popular programming languages: 1. Javascript: It seems impossible to be a software developer these days without using JavaScript. The first one in the list is JavaScript, it seems impossible to imagine software development without JavaScript. Primarily, JavaScript is light weighed, interpreted and plays a major role in front-end development. Even some of the major social media platforms believe that JavaScript provides an easy way to create interactive web pages smoothly and is career-driven. 2.Python: This may surprise you; I have kept python on numb

Top 5 biggest city in India

1.Mumbai: Mumbai is the capital of the State of Maharashtra. Its official name was Bombay until 1995. Mumbai comprises two regions, the city district which covers an area of 233 square miles and the more extensive Mumbai metropolitan area with a total area of 1681.5 square miles. The city has a population of about 18.4 million inhabitants, and it is the most populated city in India. Its wealth also surpasses that of any other Indian city as it is home to the highest number of Indian millionaires and billionaires. 2.New Delhi: New Delhi is a union territory or administrative division in India, meaning that is governed by the country’s Central Government. The official name of the city is the National Capital Territory of Delhi. It has the second-highest population after Mumbai, with about 16.3 million inhabitants. New Delhi’s wealth as a city ranks second in the country after Mumbai. In 2016, it was among the two most productive metro areas in India. Delhi has an area of 573.0