The fund is managed by First Capital Asset Management Limited, the wealth management arm and subsidiary of First Capital Holdings PLC (the Group).
Continue reading your story on the app
Continue reading your story in the newspaper
MP Harsha de Silva highlights national accounting fraud
To evaluate this claim, FactCheck consulted the Annual Reports of the Central Bank of Sri Lanka of 2019 and 2020, and the Annual Report of the Ministry of Finance 2019.
HIP sees highest monthly RORO volume in April
62,736 vehicles transshipped in April. Handles 193, 690 vehicles in first 4 months
Elderly population still at higher risk of mortality than young: Dr. Fernandopulle
She urged the public to strictly adhere to health guidelines to safeguard the elderly population
ComBank first quarter profits soar; asset quality records improvement
Commercial Bank of Ceylon PLC reported sound performance for the three months ended in March 2021 (1Q21) as demand for loans gained pace while the company improved its margin amid the fast descent in interest rates.
Presidential Task Force to push Sri Lanka towards green socio-economy
Presidential Task Force on Creating a Green Sri Lanka with Sustainable Solutions to Climate Change established. Chaired by Basil Rajapaksa, it includes 46 members including ministers, professionals and businessmen. Given responsibility to prepare roadmap to ensure SL’s transition to organic farming from chemical farming
SL's first automated food cold storage temperature monitoring solution launched
Nestlé Lanka has launched an innovative solution for managing and monitoring its cold storage temperature, developed by premier business solutions provider, Dialog Enterprise.
Seylan's Kilinochchi branch gets spacious new location
Seylan Bank, the Bank with a Heart, recently relocated its Kilinochchi branch to a spacious new location to provide superior banking services to its customers hassle-free.
NDB rights issue fully allocated, private placement for Rs.1.5bn expected
Following the rights issue and private placement, the bank is expected to add Rs.9.5bn in Tier I capital
Calcey Technologies certified as Great Place to Work
Calcey Technologies was certified as a great workplace by the independent analysts at Great Place to Work in Sri Lanka.
SL seeks two million more vaccine doses from China
Expects part of it as a gift
When should you exit a fund?
When you invest in an actively-managed fund, you must not fall in love with it as circumstances diarise that force you to part ways with it. It is quite possible that a fund you chose for its stellar past performance may underperform in the future, forcing you to exit it. Sometimes, the fund’s performance may be as expected it, but you may need to sell because your needs have changed. The fund manager who was at the helm may have moved to another fund house. The fund’s asset under management (AUM) may have swelled, affecting performance.
MUTUAL FUND NEWS
01 SEBI has issued guidelines for change in reporting format
Pandemic-Led Performance Of Mutual Funds
The following report, with graphical presentations, displays the one-year performance of mutual funds since the pandemic shook the world
HDFC AMC: Attracting Investor Confidence
HDFC AMC continues to keep its expenses in check and since the company is one of the lowest cost operators in the industry, recovery in cash flows will be very positive
All You Need To Know About Hybrid Funds!
There are different types of investors.