Multibagger mindset is arrogance, says Bharat Shah

THE ECONOMIC TIMES Fri, Oct 25, 2019 | 05:55 AM IST ET Investment Opportunities

Multibagger mindset is arrogance, says Bharat Shah "Quality of management is the first principle of investing" says Bharat Shah. LIC dumping midcaps & smallcaps, shifts focus to largecaps LIC, the public sector insurance giant, offloaded shares, mainly midcaps and smallcaps. 10 stocks showing multibagger quality with up to 1,750% returns Some of these companies are also favourites of well-known value investors. BSE Smallcap index is still down 13 per cent year to date and BSE Midcap index down 10 per cent. Top brokerages see Sensex at 44,000 by next Diwali: Poll Analysts expect Sensex and Nifty to rise 7-13 per cent in the new Hindu accounting year.

Advertorial Fake call alert: This new app lets cybercriminals generate international phone numbers to con people The process of tracking such numbers is simple, but time-consuming. Advertorial RBI likely to cut rates; is it time to change your debt mutual fund strategy? While some fund managers are waiting for the advisory, others believe that the room for more rate cuts has opened for RBI.

Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Axis Bluechip Fund Direct Plan-Growth -0.03 9.19 26.94 16.42 Axis Bluechip Fund-Growth -0.13 8.56 25.43 14.94 Mirae Asset Large Cap Fund Direct- Growth -0.31 0.74 15.10 11.87 JM Core 11 Direct Plan-Growth 2.42 3.22 25.72 11.54 Motilal Oswal Focused 25 Fund Direct-Growth 1.98 8.59 23.17 11.25 FeaturedDSP Short Term Direct Plan-Growth ★★★★★ 1.25 5.88 10.99 7.68 Start SIP

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PSUs can be leaders of Samvat 2076: Ramesh Damani If you are bullish on Mr Modi, how can you not be bullish on PSU stocks? Watch: One investing mistake you must avoid in Samvat 2076 Siddhartha Khemka, VP - Head of Research (Retail), at Motilal Oswal Financial Services sees a 10 per cent upside in Nifty by next Diwali. He shares his top stock bets and investing tips for the new Samvat year. Go for best quality, don't worry about valuations: Samir Arora How the Helios capital founder is going for mix and match to beat the Street Quality well-defined, but finding such names is tough: Raamdeo Agrawal said he has gone wrong many time in judging the integrity of management.

Advertorial With $5.5 mn, PV Sindhu is only Indian on Forbes highest-paid female athletes list Sindhu features on the same list which is topped by Serena Williams. Advertorial Penalty you will pay for missing ITR filing deadline and who won't have to pay If you file your return after midnight of Aug 31, then you are liable to pay a late fee of upto Rs 10,000.

Paathshala: Advantages of investing in multi cap mutual funds? These are diversified mutual funds which can invest in stocks across market capitalisation. Slideshow: 50 stock picks from top brokerages for Samvat 2076 Samvat 2075 comes to an end, and a new Samvat kicks off on Diwali this Sunday, October 27. In the Samvat year gone by, Nifty generated 10.8 per cent return and Sensex 9.8 per cent, but that growth was limited to a handful of stocks. This is why most investors' equity portfolio bled to make Samvat 2075 a forgettable year. Last Samvat year was tough for investors, as stock performance remained concentrated in specific pockets.

Real Estate News

Noida Authority issues RC to Supertech over non-payment of dues The action has been taken in connection with pending dues of Supertech for a group housing project, Supertech Cape Town in Sector 74, a New Okhla Industrial Development Authority (NOIDA) official said.

Uttar Pradesh builders to get rating from next year The grading, will be done annually, based on a developer's track record and background, financial profile, construction quality, buyer feedback and legal status of the project, according to UP-RERA chair-person Rajive Kumar.

How to check the construction quality of your house Section 14 of the Real Estate (Regulation and Development) Act, 2016, clearly lays down that it is the promoter's responsibility to rectify any structural defect within a period of five years. Here is a checklist for homebuyers.

Trump Tower builder in Mumbai dumps luxury for cheap homes Macrotech Developers, earlier known as Lodha Developers, is also looking to increase contributions from so-called affordable housing to about 50 per cent of revenue over the next three to four years from 40 per cent.

Ready apartments form 12% of total unsold homes in top 7 cities Among the top 7 cities, MMR has the maximum ready unsold stock equalling nearly 21,000 units, followed by NCR which has nearly 16,800 unsold ready units and Pune with 14,260 ready units.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Union Large & Midcap Fund Direct-G Equity: Large & MidCap Open-ended 15 Nov 2019 29 Nov 2019 5,000 Union Large & Midcap Fund Direct-D Equity: Large & MidCap Open-ended 15 Nov 2019 29 Nov 2019 5,000 Union Large & Midcap Fund Reg-G Equity: Large & MidCap Open-ended 15 Nov 2019 29 Nov 2019 5,000 Union Large & Midcap Fund Reg-D Equity: Large & MidCap Open-ended 15 Nov 2019 29 Nov 2019 5,000 More >>

Views and Recommendations

Buy ICICI Securities, target price Rs 325: Kunal Bothra 24 October, 2019, 11:48 AM IST Kunal Bothra recommended to keep stoploss at Rs 303. Buy Buy HCL Tech, target price Rs 1,188: Kunal Bothra 24 October, 2019, 11:48 AM IST Kunal Bothra recommended to keep stoploss at Rs 1100 Buy Buy Castrol, target price Rs 150: Kunal Bothra 24 October, 2019, 11:48 AM IST Kunal Bothra recommended to keep stoploss at Rs 134 Buy Nomura upgrades Bajaj Finserv to buy, target price Rs 9,500 24 October, 2019, 09:42 AM IST Buy Bajaj Finserv Ltd. at a price target of Rs 9500.0 . Buy

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