Tag: investment news

Business

Kotak Flexicap Fund Completes 15 Years of Long-Term Wealth Creation

Tanisha Cardozo

Kotak Mahindra Asset Management Company Ltd. has announced the 15-year milestone of the Kotak Flexicap Fund, marking a significant journey in long-term wealth creation. Since its inception, the scheme has delivered a compounded annual growth rate (CAGR) of 16.59 per cent, building a strong performance record across multiple market environments.

Commenting on the milestone, Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Company Ltd., said the completion of 15 years is a moment of pride for both the organisation and the investors who have remained committed to the fund. He noted that the flexicap category continues to be important because it allows investors to participate in India’s growth across market segments while leaving allocation decisions to experienced investment teams.

As of 31 December 2025, the fund’s Direct Plan – Growth Option has generated a CAGR of 15.70 per cent over 10 years and 16.87 per cent over five years. The fund is managed by Harsha Upadhyaya, Chief Investment Officer at Kotak Mahindra AMC, whose investment philosophy focuses on sustainable earnings, strong governance and capital efficiency.

Upadhyaya said the fund has navigated varied market cycles over the past 15 years by staying anchored to businesses with durable earnings potential and strong capital efficiency. He emphasised that the focus has always been on research-backed stock selection rather than chasing short-term trends, enabling the fund to participate meaningfully in India’s growth while aiming to deliver consistent long-term outcomes.

Flexicap funds are designed to offer agility across market environments by investing across large, mid and small-cap segments. As of December 2025, the Kotak Flexicap Fund held approximately 73 per cent in large caps, 19 per cent in midcaps and 5 per cent in small caps.

The portfolio blends top-down sector views with bottom-up stock selection. Key exposures include financial services, automobiles and auto components, capital goods, chemicals, construction materials and consumer services. The fund’s research-driven approach is aimed at identifying long-term opportunities supported by sound valuations and clear earnings visibility.

Business

Gold Surges to Historic High, Crosses $5,000 an Ounce for the First Time

allycaralgoa

Gold has reached an unprecedented milestone, hitting $5,000 per ounce for the first time in history, underscoring its status as the world’s most trusted safe-haven asset. The surge represents almost a 100% rise compared to prices at the beginning of 2025, reflecting heightened global uncertainty and shifting investor sentiment.

Market analysts attribute the rally to a combination of factors, including geopolitical tensions, persistent inflationary pressures, currency volatility, and strong central bank purchases. Investors worldwide have increasingly turned to gold as a hedge against economic instability and weakening fiat currencies.

The dramatic rise has also reignited interest in physical gold, ETFs, and long-term commodity investments, while prompting debates about sustainability and future corrections. Jewellery markets and bullion traders are expected to feel the impact as prices remain elevated.

As global economies navigate uncertain growth paths, gold’s historic climb reinforces its enduring appeal as a store of value in times of financial turbulence.

Human Interest

Gold Price in India Crosses ₹1 Lakh per 10 Grams for the First Time

allycaralgoa

June 2025 | India:
In a historic moment for the precious metals market, gold prices in India have crossed the ₹1,00,000 mark per 10 grams for the very first time. The sharp rise reflects a combination of global economic uncertainty, strong investor demand, and a weak Indian rupee — pushing the yellow metal to record-breaking highs.

As of Friday morning, the average retail price of 24-carat gold in major Indian cities stood at ₹1,00,350 per 10 grams, while 22-carat gold hovered around ₹92,000–₹95,000 per 10 grams, depending on the region.

📈 Why Are Gold Prices Rising?

According to market analysts, several key factors have contributed to the surge in gold prices:

  • Global Economic Uncertainty: Ongoing geopolitical tensions, inflationary pressures, and volatile equity markets have led investors to flock to gold as a safe-haven asset.
  • Weakening Indian Rupee: The falling rupee against the US dollar has made gold imports more expensive, directly affecting domestic prices.
  • Central Bank Buying: Global central banks, including the Reserve Bank of India (RBI), have increased their gold reserves, further supporting demand.
  • Retail and Festive Demand: Strong wedding and festival season demand has added upward pressure to prices, especially in India where gold holds significant cultural value.

💬 What Experts Are Saying

Financial advisors and bullion traders caution that while gold remains a stable long-term investment, buyers should approach the current price levels with care.

“We are witnessing unprecedented highs, but this also reflects investor anxiety. Gold is a hedge, not a quick profit tool,” said Ajay Mehta, a Mumbai-based bullion analyst.

🛍️ Impact on Consumers and the Market

  • Jewelry buyers may hold off on big-ticket purchases due to high costs, potentially affecting the upcoming wedding season.
  • Investors in gold ETFs and digital gold have seen strong gains in recent months.
  • Gold loan companies may benefit from increased asset value of pledged jewelry.

📉 Will Prices Come Down?

While short-term corrections are possible, many analysts believe gold could continue to trade high throughout 2025 unless there is a major shift in global economic sentiment or a strong recovery in the rupee.

🟨 Gold Price Today in Major Cities (24K / 10g):

  • Delhi: ₹1,00,420
  • Mumbai: ₹1,00,350
  • Chennai: ₹1,00,620
  • Bengaluru: ₹1,00,280
  • Kolkata: ₹1,00,390

(Prices may vary slightly based on local taxes and making charges)