Home Blogs India’s exports grew to $26.33 bn
Featured Stories

India’s exports grew to $26.33 bn

India’s exports grew to $26.33 bn
Reading Time: 1 minutes

A rise in new insurance premiums

In the first four months of the current financial year, first-year premiums for private life insurance companies grew by 26.9% to Rs.22,039.8 crore against Rs.17,369.3 crore, according to IRDAI data. In July 2019, total new premium income of private sector players grew by 15% to Rs.6,197.4 crore. Market participants say that growth in insurance was largely due to the surge in group business and individual single premium business in the April-July period. 

The Insurance Tracker smallcase comprises listed insurance companies to allow investors to efficiently track and invest in the insurance sector.  

Companies that can stand the test of time

“Quality investing” is an investment strategy that seeks to invest in good quality companies. The strategy is implemented by screening for companies that match specific fundamental criteria that indicate the quality of the company.  Such companies are considered to have superior business models and sustainable edge against competitors. Investing in quality companies can help portfolio returns especially when market conditions are not benign.       

The Quality – Smart Beta smallcase provides investors an opportunity to invest in high quality businesses. The smallcase picks its constituents from top 150 market cap stocks listed on NSE. Criteria like earnings variability, return on equity,  gearing ratio etc. are used to select consistent performers. A mathematical model is used to come up with portfolio weights, that seeks to maximize returns while reducing volatility.      

The smallcase has returned 76.6% returns over the past 5 years compared to Nifty returns of 40.1%.

Markets update

Weak global and domestic cues pulled benchmark indices down this week. Nifty closed down 0.56% at 11,047.8 and Sensex closed up 0.62% at 37,350.33.  

Consumer inflation rate during July 2019 increased by 3.15%, compared to the same period last year, against street estimates of 3.3%. Wholesale price index for the same period gained by 1.08% below street estimate of 2.0%. 

India’s exports grew by 2.25% to $26.33 bn  in July compared to the same period last year. Trade deficit also narrowed to a 4 month low of $13.43 bn.  

smallcase Shots

Interview with Pranjal Kamra

You may want to read

image G20 Success: Sectors & Stocks in the Spotlight
Reading Time: 3 minutes
Last week, India was buzzing with excitement thanks to the G20 summit, and this enthusiasm spilt over to the stock market. The Nifty achieved the remarkable milestone of 20,000 mark for the very first time. One of the reasons for this was the G20 summit announcements which grabbed the interest of both domestic and foreign investors. So, let’s unpack what exactly happened at the G20 summit and how can it affect the stock market. 
image The Box Office Bull Run
Reading Time: 3 minutes
This week, we’re talking about the revival of the magic of movies as 2023 is proving to be a comeback year for the industry
image Tomato woes take a backseat: Indian economy marches on
Reading Time: 3 minutes
In the April-June quarter, India's GDP grew by 7.8% – the highest growth we've seen in four quarters. While other global economies like China are struggling amidst a global slowdown, India is out here defying the norm. No wonder the IMF expects India to have one of the highest economic growth in this FY24.

Your email address will not be published. Required fields are marked *

India’s exports grew to $26.33 bn
Share:
Share via Whatsapp