Mutual Fund Monthly Review: ICICI Direct
An employee of The Royal Mint Ltd. holds open a bag of new 12 sided 1 pound coins. (Photographer: Luke MacGregor/Bloomberg)

Mutual Fund Monthly Review: ICICI Direct

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Indian equity markets continued their rising streak and started calendar year 2021 on a positive note with fresh all-time highs being made regularly in January and February.

The last year calendar year 2020 was a remarkable one for the global economy as well as the equity markets. From the extreme end of despair and uncertainty, the year ended on a note of recovery and hope as the fight with the pandemic neared an end with the beginning of vaccination.

Indian debt markets have seen selling pressure since the Union Budget, which further got accentuated by a sell-off in global bond markets.

The benchmark 10 year G-Sec yield has moved up by more than 30 basis points from the lows and is currently trading at approximately 6.20% levels.

Click on the attachment to read the full report:

ICICI Direct Monthly MF Report Feb21.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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