Latest news with #Ghelani
Wales Online
07-07-2025
- Business
- Wales Online
Experts gives DWP proposals on welfare reforms
Experts gives DWP proposals on welfare reforms The government has seen its proposed package of welfare reforms whittled away by amendments to quell an outcry from MPs and campaigners over payment cuts Experts have given the government a set of proposals for boosting employment and reducing levels of economic inactivity (Image: peplow via Getty Images ) Labour has been called upon to re-examine the welfare system as a range of innovative employment-centric initiatives have been suggested. These proposals include an idea for disability benefit applicants to participate in an employability and independence workshop prior to their claims being accepted. The government's package of reforms has been significantly diluted through amendments, following a backlash from MPs and advocates concerned about the impact of reduced payments. Nevertheless, pundits contend that alternative strategies need to be considered by the Government to decrease economic inactivity and reintegrate more individuals into employment, reports Birmingham Live. Deven Ghelani, director of Policy in Practice, a firm focusing on social policy software and analytics, has put forth recommendations urging "fundamental reforms that make the system work better for ill and disabled people." Ghelani expresses reservations about the Government's adjustments designed to safeguard current benefit recipients while imposing cuts on prospective claimants with similar health issues. For money-saving tips, sign up to our Money newsletter here As per Labour's forthcoming legislation, Universal Credit's additional amount for illness will remain unchanged for existing beneficiaries but will be slashed and frozen for new claimants post-next April. There was also a plan to exclude current Personal Independence Payment (PIP) recipients from more stringent upcoming criteria, yet all suggested changes related to PIP have now been scrapped from the bill, with a comprehensive review announced before any new actions are proposed. Article continues below Mr Ghelani has suggested several alternative strategies. He proposes that the DWP should incorporate new 'better-off-in-work assessments' into the claims system for long-term unemployed individuals, to clearly illustrate the financial benefits of employment. Furthermore, he suggests using DWP data on those claiming PIP and the Universal Credit sickness top-up to send text invitations for employment support and social activities. He also recommends that anyone applying for disability benefits should be required to attend an employability and/or independence workshop before they start receiving payments. According to Mr Ghelani, the waiting period before cash support is approved could save money to fund these workshops. Additionally, he urges the Government to simplify access to healthcare services like physiotherapy, and to provide the necessary disability aids and adaptations to keep people active. Lastly, he suggests that employers should strive to maintain and enhance the job market through effective management of their existing staff, providing application feedback to all candidates, and offering more work placements to students. Article continues below Schools should also play a larger role in inviting employers and successful former pupils to share their experiences in the working world, he added.
Economic Times
06-07-2025
- Business
- Economic Times
Nifty50 + Nifty Next50: The no-brainer formula for long-term wealth creation
Synopsis In an exclusive chat, Anil Ghelani of DSP Mutual Fund advocates for simplicity in investing through Nifty 50 and Nifty Next 50 index funds. He explains how passive funds offer low-cost, transparent exposure and suit both SIP and lump-sum strategies. As thematic and sectoral ETFs grow, Ghelani sees a balanced 'core and satellite' approach gaining traction in India. In a market flooded with countless investment options and complex strategies, sometimes the most effective approach is also the simplest. According to Anil Ghelani, CFA and Head of Passive Investments at DSP Mutual Fund, investors looking for long-term wealth creation need only consider a straightforward combination: Nifty 50 and Nifty Next 50 funds. ADVERTISEMENT "These two indices offer a good mix of stability and growth," explains Ghelani, highlighting how the Nifty 50 provides exposure to established sector leaders that have weathered multiple business cycles, while the Nifty Next 50 captures the next generation of potential market leaders across diverse economic sectors. Edited excerpts from a chat: The most important financial goals are usually common — for most of us, they are aligned with the happiness of the family, a better life for children, or starting or expanding a business/profession. Yet, many of us often get preoccupied with the wrong priorities — like increasing the number of funds or chasing the next fancy investment product. Instead, a better approach could be to keep it simple and just aim to achieve our financial goals with a reasonable degree of certainty. So, with that approach in mind, yes — most certainly, passive investing can be considered a very effective solution to the potential confusion created by the growing number of investment products. Passive funds simplify the journey by providing low-cost, transparent, and relatively easy-to-understand exposure to markets, without the human bias of a fund manager. This reduces the need to constantly analyse sectors, stocks, or fund manager performance. So, passive investment funds like ETFs and index funds can offer a simpler and more disciplined approach that helps you stay invested without two indices offer a good mix of stability and growth. The companies in the Nifty 50 Index give exposure to sector-leading firms that have navigated multiple business cycles. On the other hand, companies in the Nifty Next 50 Index, while mainly large-cap stocks, often include the next generation of potential leaders from a wider range of sectors that are key economic drivers. So yes, if you are a long-term investor seeking simplicity and efficiency, I agree with the popular recommendation of combining Nifty 50 and Nifty Next 50. This can form the core of your portfolio, without the need for frequent changes or monitoring. Similarly, we could also consider the BSE Sensex Index and BSE Sensex Next 30 Index. ADVERTISEMENT Yes, awareness of passive funds has surely reached a tipping point in India. But I strongly believe that in decision-making, 'AND' is always more powerful than 'OR.' So why should one be the default? In my view, a better outcome is to have passive funds as part of a core allocation and other products like active funds or AIFs as part of a satellite allocation. You may get better risk-adjusted returns by having a passive core portfolio delivering market returns, and a satellite portfolio attempting to generate excess returns beyond the broader market. SIPs and passive funds are a natural fit. Systematic investing helps manage volatility and builds discipline, while passive funds lower costs and avoid selection bias. That said, lump-sum investments in passive funds are also very useful — especially during market dips or for long-term goals. Another important use case is when you believe a certain market segment or sector is undervalued. For example, if you feel defensive sectors like healthcare or IT are relatively undervalued today and have growth potential, then lump-sum allocations to an index fund or ETF focused on that sector may be a good decision. Yes. When markets fall sharply, ETF volumes on NSE and BSE often spike. This reflects long-term investors finding corrections to be attractive entry points. One of the key advantages of ETFs is that, rather than picking a few stocks which could go right or wrong, you can buy a broad-based ETF and participate in the market's recovery. So, if you're a well-informed investor comfortable trading on the exchange, ETFs can be effective trading tools during short-term dips. ADVERTISEMENT Every afternoon I go to my cafeteria and have the standard thali — simple chapati, sabzi, dal, and chawal. But once a quarter, after our rebalance trades are done, I like to enjoy fancy Italian food with the team — maybe with some dessert too. In my view, it's always good to have options — both in the cafeteria and in investing. As our markets evolve, we'll see more index funds and ETFs that offer exposure to narrow segments, sectors, or niche themes. Many investors will still stick to simple core products, but such thematic products must be available for those who want we'll see both. Certain investors or advisors will want products targeting specific sectors or themes for portfolio allocation. There will also be packaged products for DIY investors. While broad-market funds will continue to dominate AUM, smart beta and sectoral funds will persist — albeit with smaller AUM. To offer context, in the U.S., as of December 2024, smart beta funds comprised about 13% of total equity passive fund AUM. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? 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Time of India
06-07-2025
- Business
- Time of India
Nifty50 + Nifty Next50: The no-brainer formula for long-term wealth creation
Tired of too many ads? Remove Ads As the Indian market matures, we are seeing a number of new products, categories, and investment options. But has this created a 'problem of plenty'? Can passive investing help solve this? Tired of too many ads? Remove Ads One common no-brainer strategy is investing in Nifty 50 and Nifty Next 50 ETFs or funds. Is this effective for those looking for simplicity? Are we finally at a tipping point in India where passive investing becomes the default, not the alternative? While SIP is often called the wisest way to invest, is it especially relevant for passive funds? Does lump-sum investing make sense in passives? There have been reports of increased ETF buying during sharp market falls. Can ETFs serve as trading products during such times? We spoke about how passives can simplify investing, but the market is now flooded with thematic indices. How do you see this trend evolving? What's your outlook on new product launches — will we see more thematic or factor-based ETFs, or will broad indices still dominate? In a market flooded with countless investment options and complex strategies, sometimes the most effective approach is also the simplest. According to Anil Ghelani , CFA and Head of Passive Investments at DSP Mutual Fund , investors looking for long-term wealth creation need only consider a straightforward combination: Nifty 50 and Nifty Next 50 funds."These two indices offer a good mix of stability and growth," explains Ghelani, highlighting how the Nifty 50 provides exposure to established sector leaders that have weathered multiple business cycles, while the Nifty Next 50 captures the next generation of potential market leaders across diverse economic most important financial goals are usually common — for most of us, they are aligned with the happiness of the family, a better life for children, or starting or expanding a business/profession. Yet, many of us often get preoccupied with the wrong priorities — like increasing the number of funds or chasing the next fancy investment a better approach could be to keep it simple and just aim to achieve our financial goals with a reasonable degree of certainty. So, with that approach in mind, yes — most certainly, passive investing can be considered a very effective solution to the potential confusion created by the growing number of investment products. Passive funds simplify the journey by providing low-cost, transparent, and relatively easy-to-understand exposure to markets, without the human bias of a fund manager. This reduces the need to constantly analyse sectors, stocks, or fund manager performance. So, passive investment funds like ETFs and index funds can offer a simpler and more disciplined approach that helps you stay invested without two indices offer a good mix of stability and growth. The companies in the Nifty 50 Index give exposure to sector-leading firms that have navigated multiple business cycles. On the other hand, companies in the Nifty Next 50 Index, while mainly large-cap stocks, often include the next generation of potential leaders from a wider range of sectors that are key economic drivers. So yes, if you are a long-term investor seeking simplicity and efficiency, I agree with the popular recommendation of combining Nifty 50 and Nifty Next 50. This can form the core of your portfolio, without the need for frequent changes or monitoring. Similarly, we could also consider the BSE Sensex Index and BSE Sensex Next 30 awareness of passive funds has surely reached a tipping point in India. But I strongly believe that in decision-making, 'AND' is always more powerful than 'OR.' So why should one be the default? In my view, a better outcome is to have passive funds as part of a core allocation and other products like active funds or AIFs as part of a satellite allocation. You may get better risk-adjusted returns by having a passive core portfolio delivering market returns, and a satellite portfolio attempting to generate excess returns beyond the broader and passive funds are a natural fit. Systematic investing helps manage volatility and builds discipline, while passive funds lower costs and avoid selection bias. That said, lump-sum investments in passive funds are also very useful — especially during market dips or for long-term goals. Another important use case is when you believe a certain market segment or sector is undervalued. For example, if you feel defensive sectors like healthcare or IT are relatively undervalued today and have growth potential, then lump-sum allocations to an index fund or ETF focused on that sector may be a good When markets fall sharply, ETF volumes on NSE and BSE often spike. This reflects long-term investors finding corrections to be attractive entry points. One of the key advantages of ETFs is that, rather than picking a few stocks which could go right or wrong, you can buy a broad-based ETF and participate in the market's recovery. So, if you're a well-informed investor comfortable trading on the exchange, ETFs can be effective trading tools during short-term afternoon I go to my cafeteria and have the standard thali — simple chapati, sabzi, dal, and chawal. But once a quarter, after our rebalance trades are done, I like to enjoy fancy Italian food with the team — maybe with some dessert too. In my view, it's always good to have options — both in the cafeteria and in investing. As our markets evolve, we'll see more index funds and ETFs that offer exposure to narrow segments, sectors, or niche themes. Many investors will still stick to simple core products, but such thematic products must be available for those who want we'll see both. Certain investors or advisors will want products targeting specific sectors or themes for portfolio allocation. There will also be packaged products for DIY investors. While broad-market funds will continue to dominate AUM, smart beta and sectoral funds will persist — albeit with smaller AUM. To offer context, in the U.S., as of December 2024, smart beta funds comprised about 13% of total equity passive fund AUM.
