Variance and covariance are two tools for calculating portfolio risk. Their prudent usage can help you mitigate portfolio risk and make informed decisions.

It’s finally out. After months of speculation, food delivery and quick commerce giant Swiggy Limited has filed its updated draft red herring prospectus (DRHP) with capital market regulator Sebi for its initial public offering (IPO). The IPO marks a significant milestone for the company, which, along with Zomato, has given food delivery and quick commerce a new face in India. If you want to know the finer aspects of this IPO, read on.

As Hyundai, a leading player in the Indian auto space, is gearing up to spearhead the transition towards electric mobility, its IPO carries major strategic implications for the future of green transport in one of the world's fastest-growing auto markets. It comes at a time when the Indian government is pushing for rapid electrification of vehicles to reduce emissions and oil imports.

The Indian stock markets are abuzz with anticipation as Hyundai Motor India Limited gears up for its massive initial public offering (IPO) that is poised to be the largest ever in India's history. Valued at up to ₹27,870 crore, the public issue has captured the attention of both domestic and international investors who are eager to get a part of India’s second largest carmaker’s journey. As the IPO subscription period opens on October 15, all eyes are on the numbers behind this humongous offering that will cement Hyundai India's position among the country's most valuable listed companies. Here's a deep dive into the scale and strategic significance of the automaker's market debut.

Hyundai Motor India Limited (HMIL), the wholly owned subsidiary of the South Korean automobile manufacturer Hyundai Motor Company, is planning an initial public offering (IPO) soon that could raise over ₹26,000. This comes at a time when the company has cemented itself as the second largest carmaker in India after Maruti Suzuki with a market share of 15% in FY23.

Initial public offerings (IPO) are market events that most investors look forward to. In 2024, India's IPO market saw a significant growth, with over 260 companies raising more than $9 billion, more than double the amount from the previous year. The IPOs have attracted considerable investor interest, with some offerings like Jyoti CNC Automation and Premier Energies achieving gains of up to 250% and 146.93%, respectively, since their listing. Retail investors have played a crucial role in this success, with new stocks delivering an average gain of about 57% since their debut, significantly outpacing broader market averages. Notably, Hyundai Motor India is set to launch the largest IPO in Indian history, aiming to raise up to ₹27,855 crore. In the light of this, let us look at top 5 biggest IPOs in India and how have they fared so far.

The National Pension System allows investments in four asset classes managed by 11 pension fund managers. Choosing the best NPS scheme is a culmination of several factors.

Though fixed deposits have been the de facto investment choice for investors, there are other alternatives to FDs that can provide similar returns with diversification.

While both ETFs and Fund of Funds help you build a diversified portfolio, the choice depends on your financial goals related to liquidity, cashing upon intraday trading opportunities and alpha generation.

Portfolio backtesting helps you analyse a portfolio’s performance based on past data. It is a powerful tool that can help you make data-driven decisions.