Blog about Financial Education, Advisory & Planning
For most investors & corporates, saving & current bank account becomes the preferred destination to park their short term surplus funds. Further, even when they need to build a contingency fund, they cannot think of better havens. The reason for such a decision might be lack of awareness or a time crunch. However, leaving your …
Whenever we select a mutual fund to invest in or decide to continue with a certain fund we always give a lot of weight to the past performance of returns. In fact, most decisions are always made on the basis of returns. In order to enable investors to make accurate comparisons of schemes, SEBI introduced …
Past returns are irrelevant after re-categorization of mutual funds Read More »
Suprajit Engineering Ltd is the largest manufacturer of cables in India other than manufacturing instrument panels catering to most of the automotive OEMs. Through Phoenix Lamps it is also the market leader in automotive lighting in India. The product range includes automotive cables for brake, clutch, throttle, starting, gear shift, choke, speedometer, tachometer, window regulator, …
Suprajit Engineering Ltd- Consolidating Leadership Read More »
The total return index (TRI) is a type of equity index that tracks both the capital gains and assumes that any cash distributions, such as dividends, are reinvested back into the index. Looking at an index’s total return displays a more accurate representation of the index’s performance. By assuming dividends are reinvested, you effectively account for stocks in an index that do …
The Year that was… SAMVAT 2074 was a bad year for the markets as NIFTY was largely flat yoy. Markets were supported by domestic liquidity due to strong monthly inflows into equity mutual funds. Net inflows into equity MF in last 12 months were to the tune of Rs.1,20,000 cr. FIIs in contrast have been …
About 2.5 cr Indians travel abroad each year to holiday, according to data from The United Nations World Tourism Organization (UNWTO). A multiple times that number travel on a vacation within India. But most of us don’t prioritize travel insurance, and are often unaware of what it covers. Here’s a brief look at the kinds …
Equity markets have corrected over 10% the last month with USD-INR hitting new highs and crude prices scaling multi year highs. Rupee depreciated to above Rs.74/$ for the first time on 5th October 2018. Departing from the trend of the last few months, both large & mid-caps have declined last month driven by a sharp …
The Sensex has plummeted nearly 2525 points from October 1 to 11, 2018. In the first week of October, the BSE benchmark index plunged 1,851 points marking the biggest weekly fall in absolute terms. The biggest 2 day fall in SENSEX was recorded on January 21/22, 2008, when it dived 2,273 points. Here are the …
The Supreme Court on 26th September 2018 ruled that Aadhaar/UIN is not required for mobile connections or opening a bank account. Many of us would have already linked our biometric details to banks, telecom service providers & digital wallets through e-KYC or c-KYC process. So now that the Supreme Court has said that it is not …
Phillips Carbon Black Ltd (PCBL), part of the RP-Sanjiv Goenka Group, is the largest manufacturer and supplier of carbon black in India catering to the needs of elastomer, plastic, paints and ink manufacturing industries. The major market for carbon black is tyre industry. They also manufacture special black for non-rubber applications. PCBL has capability & …