Tuesday, January 31, 2017

technology can blind you....

Breaking news... ET

Breaking News

Breaking news due to one parliamentarian death  of mr P Ahmad Budget may be present one day late
Source cnbc news interviews with Mr santosh Gaharwar  .

Big Suspence of presenting budget today....

 Big Suspence of presenting budget today....
 Can be presented tomorrow
MP E.Ahmed passes away.
As per protocol, Parliament has to be adjourned.


news headline 01-02-2017

Economic Times
Business Standard

Ø  Eco Survey hints at demonetisation ‘windfall’ doles in Budget
Ø  Govt revises GDP growth to 7.9 per cent in 2015/16
Ø  Eco Survey backs 'salary for all' as ultimate poverty killer
Ø  New H-1B bill to make life tough for techies, IT cos
Ø  Economic Survey calls rating agencies' bluff
Ø  Trump pushes drug makers for lower prices
Ø  'India need to watch global developments closely'
Ø  Arvind Panagariya pegs economic growth at 7- 7.5% in FY18
Ø  Fiscal deficit in April-December hits 94% of budget target
Ø  ONGC's December quarter net triples to Rs 4,352 crore
Ø  Eco Survey makes a strong case for Universal Basic Income
Ø  NCLT clears way for Tata Sons to hold EGM on Feb 6
Ø  ICICI Bank Q3 net falls 19% to Rs 2,442 cr; bad loans rise
Ø  IDFC net profit falls 43% to Rs 101 cr in Q3

Business Line

Ø  CBDT to send queries to 18 lakh taxpayers
Ø  Bajaj Auto Q3 net profit down 5.27% at Rs 976.82 cr
Ø  CPSE ETF’s second tranche lists on exchanges
Ø  Eco Survey: GDP growth seen lower at 6.75-7.5% in 2017-18
Ø  Note ban may delay banks’ asset quality recovery: Fitch
Ø  Better refinery margins boost Indian Oil net by 29%
Ø  RBI’s excess capital should fund PSU banks, ARC: Economic Survey 2017
Ø  Reform labour laws, give tax breaks to create jobs: Economic Survey 2017
Ø  PE investors buy stake in Centrum's forex business
Ø  Universal Basic Income ideal to tackle poverty, says Economic Survey 2017
Ø  Carbon credit-like system can curb cash usage
Ø  RBI governor’s appointment impacted Indian market: Economic Survey

Financial Express
Financial Chronicle

Ø  Full remonetisation of economy in 1-2 months: Arvind Subramanian
Ø  Firstsource Solutions signs 10-year deal with Sky
Ø  Sony takes $1 bln writedown on its movie business
Ø  Rs 2 lakh crore for development of highways in MP: Gadkari
Ø  Setback for Vijay Mallya, CBI to start the extradition process
Ø  Rail Budget to focus on safety, infra development
Ø  Note ban shaves off GDP growth rate by up to 0.5 pc in FY17
Ø  Look forward to pay hike similar to last year, report says
Ø  Creation of next-gen infra govt's top priority: Prez
Ø  Policy rationalisation needed to push exports
Ø  Iran slashes import duty on rice

Monday, January 30, 2017

news headline 31-01-2017

Economic Times
Business Standard

Ø  Vodafone confirms talks on merger with Idea
Ø  CBI opposes bail pleas of 9 in IDBI loan default case
Ø  Idea deal will lead to backdoor listing of Vodafone
Ø  RBI removes withdrawal limits on current accounts
Ø  CBI opposes bail pleas of 9 in IDBI loan default case
Ø  Telenor joins M&A rush, seeks Aircel-RCom tieup
Ø  Piramal to acquire Mallinckrodt for $170 million
Ø  Next edition of consolidated FDI policy to come out soon
Ø  Strategic sale of NMDC, SAIL units on cards
Ø  ATM cash withdrawal limit eased further
Ø  Lenders wary of JSW's Bhushan Steel proposal
Ø  Fitch downgrades long-term issuer default ratings on BILT to CCC
Ø  I-T begins action under Benami Act; attaches 42 assets worth crores

Business Line

Ø  Merger may lead to $1 b in savings for Idea, Vodafone
Ø  GMR Kakinada SEZ attracts ₹7,000-cr investments
Ø  HDFC board approves increase in authorised share capital to Rs.350 cr
Ø  Reliance Defence bags Rs. 916-cr contract from Defence Ministry
Ø  Emami posts ₹140-crore standalone profit in third quarter
Ø  HDFC Q3 net profit up 12% to Rs1,701 crore
Ø  Govt mulls introducing fixed-cost component in renewable energy tariff
Ø  Inadequate imports of paper for new currency notes may have led to cash crunch
Ø  Tech Mahindra’s Q3 profit up 14% to Rs856 crore
Ø  Grasim consolidated profit up 14% on better VSF realisation

Financial Express
Financial Chronicle

Ø  Indian Rupee slides 16 paise against dollar
Ø  German consumer group files data suit against WhatsApp
Ø  Gold monetisation policy has no lustre, needs changes: IIM-A
Ø  Goldman Sachs CEO Lloyd Blankfein takes lead on Wall St. in slamming Donald Trump's travel ban
Ø  Indian e-tail industry grew by 12% to $14.5 billion in 2016: Report
Ø  RBI sets rupee reference rate at 68.0426 against dollar
Ø  Disinvestment goal for FY18 may be raised to garner funds
Ø  Higher open interest, new series may add to volatility
Ø  Sops to common man, cut in corporate tax on the cards

Sunday, January 29, 2017

trust your financial advisor

Volatility matters but not if you have real Long Term Horizon

top 10 reasons to do SIP

Invest Only 500 Per Day...

Stock Market Wisdom by Benjamin Lee

Stock Market Wisdom by Benjamin Lee
“There are laws governing the financial markets just as there is gravity law to keep all things together on the earth.”

“Stock market is a battlefield. Always remember to survive in the game first. Only those that survive the battle can enjoy the spoils of the war.”

“Never revenge for your losses in share market. It will get you killed.”

“It is better to be late, and catch the right worm, than catching the snake’s tail.”

"The stock market is always there. It has been there for centuries, and it lives longer than anyone of us here. Therefore, don’t rush and trade all your capital like there is no tomorrow.”

“Human is always subject to his own emotion. How many of us can break free from the greed, fear, and unfounded hope that are so common in stock market?”

"Do not underestimate the power of a raging bull, and the strength of a bear in stock market. Both have the power to trample you to death if you fight against them.”

“The secret recipe for success in stock market is simple. 30% in market analysis skills, 30% in risks management, 30% in emotion control, and 10% in luck.”

“Time is the cause, Volume is the fuel, and Price is the result. Of all these three, Time is the greatest factor in determining stock market direction.”

“The worst enemy to any stock traders and investors are Greed, Fear, and unfounded Hope.”

Tuesday, January 24, 2017

Contact Your Financial Advisor...

News Headline 25 Jan 2017

Economic Times

·         James Hogan to step down as Etihad CEO
·         Japan's Nippon Paper set to buy Plus Paper Foodpac
·         CBI court remands 9 accused to judicial custody in KFA loan default case
·         Ankur Khanna quits as CFO of AirAsia India
·         Impose tax on cash withdrawal above Rs 50,000, panel on digital payments suggests PM Modi
·         Tata Sons’ Director Amit Chandra denies Cyrus Mistry allegations
·         Supreme Court rejects government plea to postpone BCCI case hearing by two weeks
·         Cyrus Mistry seeks legal waiver at NCLT
·         Idea Cellular moves HC against Trai penalty of Rs 950cr
·         Kapurs likely to steer away from Sona Koyo
·         New round of capital infusion for PSBs soon
·         Kotak Mahindra sells 2.1% in South Indian Bank for Rs 60 crore
·         Muthoot Microfin to raise Rs 130 crore from Creation Investments
·         Coal India to allow buyers to lift coal within three years under e-auction
·         Lupin launches Ortho-Cyclen tablets in US
·         Ajanta Pharma denies alert from USFDA, says supply is on

Business Line

·         CBDT tightens screws on shell companies
·         ‘Unknown sources’ make up 69% of parties’ income
·         Nabard allowed to raise ₹20,000 cr for crop loans
·         BASF enters crop protection for rice with three products
·         BookMyShow acquires MastiTickets
·         OYO checks into more premium category
·         Lupin launches Ortho-Cyclen tablets in US
·         A start-up that offers group discount programme
·         PepsiCo goes for digital transformation
·         Apollo Sugar to double network to 100 clinics
·         ITC to split Chairman’s post

Business Standard

·         US President Trump speaks with PM Modi over phone, says WH press secretary
·         71% of donations to political parties from unknown sources
·         JSW bids Rs 25,000 cr for Bhushan Steel
·         Note ban squeezed gold demand to 650-750 tonnes: WCG
·         We are re-engineering our costs: D Shivakumar, chairman & CEO, PepsiCo
·         AirAsia India opts for leasing via tender route
·         CBI charge sheet opens way for Mallya extradition
·         Minimum import price on steel short-term step: Govt
·         Weathermen divided on El Niño


·         Snapdeal in talks with SoftBank to raise funds at lower valuation
·         Flipkart’s new CEO has his work cut out in the wake of top-level exits
·         US seeks enhanced India market access after Trans-Pacific Partnership pullout
·         Sanjiv Puri to be named ITC CEO, chairman's post may be split
·         CBI charges Vijay Mallya with fraud, criminal conspiracy
·         Actis in talks to promote new renewable energy platform, after Ostro success
·         Alibaba lifts forecast as new ventures bolster e-commerce
·         Ashok Leyland finance arm raises Rs250 crore through rights issue
·         Income-tax dept issues norms to determine residency status of companies
·         Inox emerges as top bidder for SRS Cinemas acquisition

It's Important... Call your financial advisor today...

your wealth booster...

Money Management is a lot more then luck...

BSE : A Journey In Time...

Success Is Not Always What YOU SEE!!!

Start Your SIP Today....

Monday, January 23, 2017

The most important thing about investing is consistency.

Capital Asset and....

The Savings under the Credit Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana.

The Savings under the Credit Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana.

take $100 and go to Las Vegas.

Equanimity is important to be successful in stock markets. If you get emotional with stocks please remember that they don't love you back. Market doesn't care whether you want your money today or tomorrow or 50 years later. It goes up and down by demand and supply, company financials, industry potential and government decisions or macro developments.

You must control your greed and fear as there are no free lunches. Wealth is created by buying good businesses and holding them for decades. News, media is harmful to your health and wealth. What's shown or printed in the media is largely financial porn and should strictly be avoided. Instead, learn the basics, subscribe to good blogs and magazines, read books - business and otherwise, glance through the annual reports of the companies that you are invested and their competitors. Investing is simple but certainly not easy. We want activity but being not active is a key here.

"Investing is boring. It's more like watching grass grow or seeing paint dry. If you want excitement, take $100 and go to Las Vegas."
- Paul Samuelson

Saturday, January 21, 2017

कीचड में कमल खिलता है is a very pertinent phase to understand macro economics. A developed location, a developed country may look good but has little potential for wealth creation. On the contrary money is made where development is less, where things are not currently good. Truly कीचड में कमल खिलता ह

Friday, January 20, 2017

how much tax do you have to pay ???


The cost of delaying your savings/investment is deadlier than even inflation.
The earlier you put your money to work, the more it earns for you. The earlier you invest, the earlier your money starts working for you.
So, instead of investing more money later in your life, invest small now to achieve the same desired target corpus.

Thursday, January 19, 2017

consult your financial advisor..



Image result for cpse etf issue

The Further Fund Offer (FFO) of the CPSE ETF is now open.
The CPSE ETF looks lucurative enough on the face of it.
After it consits of Maharatnas and Navrathnas and you are getting 5% discoutn to the boot.

The drawbacks are however many and not being understood even by many experts as everyone seems to be only looking at that 5% Discount!!!

1. The Fund has a concentrated portfolio of only 10 stocks and Energy Sector alone has a dominant weightage of as much as nearly 58% of the portfolio!!
This is followed by Metals at 20%.
Just 2 sectors making up nearly 80% of portfolio is a huge huge overconcentration risk.

2. ALL the companies comprise of Public Sector Shares which are controlled by Govt and thus carries a risk of Govt intervantion and could face risk of Policy logjam too

3. The underlying shares have shot up in the last 6 months and could see profit booking in the coming weeks thereby affecting the returns.

4. The so called "experts" are talking that the previous CPSE ETF has beaten the Index.
Its nothing but the fact that the Dividends recd is REINVESTED in the ETF and hence the outperformance!! The dividend has been 4% , so for 2 years, it works to 8%.
Simple Maths but enough to lure gullible investors!!

5. Unlike the previous issue where there was a Loyalty unit bonus but this there is no such attraction this around.

6. Another point to note is that the February CPSE Futures is quoting at a discount of OVER 40% (!!!) clear indication that the Market participants expect a Fall AFTER the units in this issue is allotted.

So, for a 5% discount bait, you could well be risking a Bigger Percentage.


Please look at a Diversified fund and if you are so bullish on PSU stocks, even then investing in a PSU fund like a Invesco PSU Fund/SBI PSU fund makes more sense than investing in this ETF which comprises of just 10 stocks.
Invest ONLY if you have the talent/knowledge on when to EXIT too!

And, please please if you are investing only looking at making a quick exit on listing, DO NOT MAKE THAT MISTAKE. You might well have to sell at a loss!

Best of luck,

Contact Your Financial Advisor..

News Headline 20-01-2017

Economic Times
Business Standard

Ø  Hit hard by cash ban, IPO grey market comes back to life with BSE’s issue
Ø  Alibaba to invest Rs 120 cr, to increase headcount
Ø  Rs 75L penalty on Bombay Mercantile Bank by RBI
Ø  Axis Bank reports 73% drop in Q3 net profit
Ø  Cover drive! Rs 2-lakh insurance cover for Jan Dhan account holders on cards
Ø  Tax breaks, infra push top markets' Budget 2017 expectations
Ø  Sensex ends higher, Nifty above 8,400 ahead of ECB meeting
Ø  ICICI Pru, HPCL enter Rs 50,000 crore market cap club
Ø  HDFC cuts home loan rates for existing borrowers by 15 basis points

Business Line

Ø  Hind Oil jumps 10.16% after company gets crucial clearance
Ø  YES Bank net rises 31% in Q3
Ø  Silver futures plunge Rs. 517/kg on weak global cues
Ø  NPS expected to grow at 35-40% in FY17: PFRDA
Ø  Toshiba shares drop 16% on reported write-down losses
Ø  Federal Bank Q3 profit rises 26.38% to Rs205.65 crore
Ø  Bharti Airtel plans to raise funds via debentures, bonds
Ø  Railways to float Rs8,000 crore tenders for transmission network

Financial Express
Financial Chronicle

Ø  Alibaba becomes worldwide Olympic partner through 2028
Ø  Vedanta Limited to invest Rs 60,000-70,000 crore in its major businesses
Ø  BHIM downloads hit 1.1 cr in 20 days, reveals Minister RS Prasad; Niti’s Amitabh Kant says iOS app coming soon
Ø  NABARD projects Rs 1,28,199.38 crore credit potential for Kerala
Ø  Reliance Industries writes down nearly Rs 40,000 crore
Ø  General Motors adapts $1b recipe for "tough" Indian market
Ø  ICRA upgrades long term rating on Patanjali Ayurved

Wednesday, January 18, 2017

Paisa Bachaana Chahte Ho Ki BADHAANA ???

Do You Know ?

Reasons not to buy CPSE ETF FFO.

Reasons Not To Buy CPSE ETF FFO : Price Risk

You’ll put your money now. You will get allocations around February first week or so. If in that time there is a crash of the stock price, you will get the January price which can be higher. So you have the price risk for a few weeks.

Secondly, look at the CPSE February Future price. It’s at a Rs. 44 discount to the stock price. (Index at 2489, Feb future at 2445). They actually expect the index to dip after the units are allocated – precisely because people will sell.

That means even if you got the units at a 5% discount, you carry the price risk till the ETF units are given to you. And then, when you sell, hundreds of people like you will also sell, bringing the price down further (as the future price seems to expect).

Also note that there are some transaction charges of Rs. 100 to Rs. 150 per application that will apply anyhow.

Portfolio: Heavy on Energy/Oil and Gas

The CPSE Index is 1/4th ONGC. And then, 1/5th Coal India. It’s got one logistics company (Concor), two engineering companies and the rest are in the energy or power sectors.

While the ETF has done reasonably well with a return of 30% in nearly three years, you should understand that most other indexes have done even better. The CPSE index hasn’t even crossed its own high in 2014!

View: Not Worth The Arb Risk, and Boring Portfolio

Carrying price risk for a few weeks is not very useful. You can’t even hedge using futures, as the future seems to quote 2% below current levels (this may change in this week). Plus, with a budget in the middle (Feb 1) it’s not great to keep unknown risks on.

Another reason you can’t hedge is that you can’t easily be assured of Rs. 500,000 worth units, which is how much you need for one future to properly hedge.

A 5% cushion is nice, but not nice enough unless you love the underlying stocks.

The portfolio isn’t very interesting to hold for the longer term. The ETF mechanism ensures that the stock ownership isn’t easily privatized so the government isn’t actually freeing these companies. But if you like them, then using the ETF may be a better way than buying each one individually.

Tuesday, January 17, 2017

sip return..

start small sip, syayed loyal and consistent, and experienced the power of compounding...

news headline 18-01-2017

Economic Times
Business Standard

Ø  Indian GDP projected to grow by 7.7% in FY17: UN
Ø  Many PSU banks may skip dividend payout this fiscal
Ø  RBI guv to brief parl panel on note ban today
Ø  FPI tax circular on indirect transfer put on hold
Ø  Vedanta, Jain Irrigation sell dollar bonds overseas
Ø  Videocon Telecom to shut operations from Feb 15
Ø  Tata Elxsi looks to test driverless cars on Bengaluru roads
Ø  SBI hits overseas debt market with $500-mn 5-yr bond sale
Ø  Britain will leave EU single market: Theresa May
Ø  Govt seeks up to $2.2 bn dividend from Hind Zinc: Sources
Ø  International tax-avoidance rules may override GAAR, other tax treaties
Ø  General Motors says to invest additional $1 billion in US

Business Line

Ø  India among top six promising markets; slips one notch
Ø  IDS disclosures valid if taxes realised by Dec 5: CBDT
Ø  Cairn India gets nod for drilling wells in KG-Basin
Ø  GST to have minimal impact on inflation, GDP: Nomura
Ø  Reliance MF CPSE ETF issue gets oversubscribed by 4 times on Anchor investors
Ø  CBDT puts on hold circular on taxation of indirect transfers
Ø  EPFO decides to invest Rs2,800 crore in CPSE ETF
Ø  Reliance Jio’s boost for data usage will benefit all operators
Ø  ABG Shipyard gets three suitors, lenders want it out of debt recast
Ø  Coal India to restart search to secure coal assets overseas

Financial Express
Financial Chronicle

Ø  Sensex, Nifty end in red, down 0.2% each as RIL drags among mixed global cues
Ø  MobiKwik registers 10 times growth in oil, gas sector
Ø  Finance Ministry rubbishes foul play in UK currency printing firm row
Ø  Consumers uneasy with immense size, power of big firms: Business leaders
Ø  BAT clinches Reynolds with sweetened $49.4b buyout deal
Ø  NBCC bags Rs 4,441 cr contract to re-develop AIIMS colonies
Ø  Govt to study sugar output data before deciding on duty
Ø  Rating agencies assign investment grade to SBI bond programme
Ø  Hawala operators laundered Rs a1,600cr through shell firms

Monday, January 16, 2017

welcome to CROREPATI CLUB..

consult your financial advisor and invest in the most appropriate asset class

news headling 17-01-2017

Economic Times

Business Standard

Ø  IMF cuts India's growth rate to 6.6% due to note ban

Ø  Daiichi moves Delhi HC to block Fortis stake sale

Ø  Inflation up 3.39%, may rise further in Jan-Feb

Ø  Limited room to reduce fiscal deficit in FY18: Moody's

Ø  Chinese economy to keep growing steadily: Xi Jinping

Ø  BofA-ML expects India's fiscal deficit at 3.5% next yr

Ø  No returning to subsidies on petrol, diesel: Govt

Ø  RIL Q3 net profit up 3.6% to Rs 7,506 crore, GRM rises to $10.8/bbl

Ø  GST set for July 1 roll-out, dual control hurdle over

Ø  Richest 1% own 58% of total wealth in India, says Oxfam

Ø  Agri input companies on fertile ground

Ø  SC issues notice to WhatsApp, Centre on data privacy

Ø  Donald Trump to offers Russia deal to end sanctions

Ø  RIL to invest another Rs 30,000 crore into Jio Infocomm

Business Line


Ø  India slips to 92nd rank on global talent competitiveness

Ø  BSE fixes IPO price band at Rs. 805-806, to raise Rs. 1,243 cr

Ø  Suzlon, Gamesa achieve milestones in wind-power capacity installation

Ø  Tata Steel using drones to monitor Jharkhand mine

Ø  BSE starts trading at newly launched India INX

Ø  Reliance Jio to add $4.4 billion in funding as Mukesh Ambani builds war chest

Ø  2.4 million new demat accounts opened last year, highest since 2008

Ø  Govt planning to overhaul Rs10,000 crore start-up fund

Ø  Luxottica and Essilor agree €46 billion merger to create eyewear giant

Financial Express

Financial Chronicle

Ø  WEF Report: 'Employers in India likely to trim head count on automation'

Ø  Noble Energy to buy Clayton Williams Energy for $2.7 billion

Ø  Indian consumers most optimist in region despite note-ban: Report

Ø  Government to soon kickstart PSU strategic stake sale to meet divestment target, says official

Ø  Now, withdraw Rs 10,000 from ATMs, weekly cap remains

Ø  Sensex makes tepid recovery, bank shares lead gains

Ø  Muthoot Finance to raise Rs 1,400 crore via NCDs

Ø  Gold will retain strategic value in 2017: WGC

Top 3 SELL of each Mutual Fund during December 2016

Top 3 SELL of each Mutual Fund during December 2016

Name of the Mutual Fund : : : No of Shares

DSP BlackRock
1 Union Bank of India : -2064641
2 Tube Investments of India Ltd : -996441
3 Petronet LNG Ltd : -975619

Fraklin Mutual Fund
1 TVS Motor Company Ltd : -1230766
2 ITC Ltd : -696997
3 Motilal Oswal Financial Services Ltd : -694597

HDFC Mututal Fund
1 Vedanta Ltd : -5140000
2 Coal India Ltd : -3528510
3 HPCL Ltd : -2041866

ICICI Prudencial Mutual Fund
1 South Indian Bank Ltd : -19417927
2 Bank of Baroda : -7130487
3 Reliance Industries Ltd : -4719895

Kotak Mahindra Bank
1 NHPC Ltd : -4077000
2 IDFC Ltd : -3287600
3 Bank of Baroda : -2461301

L&T Mutual Fund
1 HPCL Ltd : -2346980
2 Prism Cement Ltd : -1448191
3 Techno Electric & Engineering Company Ltd : -1358783

Reliance Mutual fund   
1 Tata Motors Ltd : -6676140
2 Aditya Birla Nuvo Ltd : -4857633
3 Reliance Industries Ltd : -3379980

SBI Mutual Fund   
1 Tata Power Company Ltd : -12461989
2 Prism Cement Ltd : -2640000
3 Repco Home Finance Ltd : -1429706
Birla Sun life Mutual Fund
1 Jaiprakash Associates Ltd : -2108000
2 Tata Motors Ltd : -4693051
3 Crompton Greaves Ltd : -13653218


Once a Chartered accountant was travelling by train in A/c class.  He was traveling from Manmad to Bangalore!

He was traveling alone!

Some time later, a Beautiful lady came and sat in the opposite berth!

 Chartered accountant was pleasantly Happy!

The lady kept smiling at him!  This made d chartered accountant even more Happy!

Then she went and sat next to him!

The chartered accountant was bubbling with Joy!

She then leant towards him and whispered in his ear " Hand over all your valuables, cash, cards, mobile phone to me
else I will shout and tell everybody that you are  harassing and misbehaving with me"

The chartered accountant stared blankly at her!

He took out a paper and a pen from his bag and wrote " I  can not hear or speak. You write on this paper whatever you want to say"

The lady wrote everything what she said earlier and gave it to him!

Chartered accountant took her note, kept it in his pocket!

He got up and told her in clear tones..."Now shout & scream!!"


Sunday, January 15, 2017

Thumb Rule of Financial planning.

Thumb Rule of Financial planning.

1. 30 % of your income must be used for monthly living expenses.

2. 30% of your income must be used for Liabilities repayments, if any..

3. 30% of your income must be SAVED and INVESTED for your future LIVING.

4. 10% of your income must be spared for entertainments, vacations

5. 6 months expenses must be available for emergency fund (should be invested in LIQUID FUND, FD Etc)

6. Home loan must be registered and apply on both husband and wife name. (Both can get benefits on Home loan Tax benefits)

7. Buying second house for investment is not advisable ( Survey reports - it will fetch you only around 3% return)

8. After 45 years of age, not supposed to enter into any BIG LIABILITIES (Higher education of children and wedding of children will happen around 45 to 50 only, so plan now for the same.)

9. Have joint account @ Bank savings account.

10. Property must be registered on both Husband and wife name. (As per legal act – after husband first legal heir is wife, after wife it will go to children only)

11. Regular check on Nominations at all financial instruments. if not nominated, do it now..

12. Only in insurance policy, Claims payable to Nominee. In other financial instruments legal heirs certificate is must to get back the settlement

13. Must have Term Insurance to financially secure future of your dependants..

14. Don’t take any financial investment decisions EMOTIONALLY,  and also Avoid last minute tax saving investment decisions, plan well in advance..

15. MEDICLAIM is must (in spite of Group mediclaim coverage given at office) (After retirement there is no mediclaim coverage, after 50-55 years of age, it's very tough and costly to enter into mediclaim)

16. For your jewelry LOCKER, Only one lakh is payable by bank, if theft or fire happen at bank. Provided insurance done.

17. Like same way Government guaranteed only one lakh for your FD also. (Fixed deposits with Banks upto Rs. 1 lakh only are backed by deposit insurance)

18. Must know all Tax implications. You cannot avoid paying tax. But you can minimize by way of tax planning and investments..

19. All financial documents must be kept safely and keep family members informed of the same..

20. Financial investments must be followed through personal financial advisor..

21. Review your portfolio at every six month..

These are general suggestions, personal Finance and investment decisions depends upon case to case_

news headline 16-1-17

Economic Times
Business Standard

Ø  Petrol prices up by 42 paise a litre, diesel by Rs 1.03 per litre
Ø  Govt may accord infra status to low-cost housing
Ø  RIL likely to post 9% QoQ net profit growth in Q3
Ø  India's oil demand growth rate to eclipse China's
Ø  FinMin finalising over Rs 25k cr fund infusion in PSBs v
Ø  Use plastic money at petrol pumps and get 0.75% cash back within next 3 days
Ø  Pharmaceutical barons swallow FDA bitter pill
Ø  Wadia complains to Sebi, MCA against LIC, UTI-MF
Ø  GST Council meet on Monday to try and bridge differences
Ø  Board structure, control at Tata firms on Chandra's agenda
Ø  Pharma barons swallow FDA bitter pill
Ø  RIL plans to invest another Rs 30,000 cr into Jio Infocomm
Ø  PFRDA bars third party payments in Tier II accounts of NPS

Business Line

Ø  BoFA-ML pegs Sensex target at 29,000 for 2017
Ø  SEBI lowers broker fees by 25%
Ø  Automobile exports from India decline by 5% in 2016
Ø  SEBI tightens settlement regulations
Ø  Celebrity endorsement of mutual funds only at industry level: SEBI
Ø  Budget may aim to help more start-ups qualify for incentives
Ø  Sebi tightens merger and amalgamation norms
Ø  Arun Jaitley may lower corporate tax in budget: survey
Ø  CVC asks bidders of govt projects to disclose payments to brokers
Ø  Hindustan Coca-Cola to invest Rs1,000 crore to set up two plants
Ø  NDMC ties up with MTNL in 2nd attempt at offering free Wi-Fi

Financial Express
Financial Chronicle

Ø  India remains committed to reforms: DEA Secretary Shaktikanta Das
Ø  India does not need any more coal-based power units till 2027: Central Electricity Authority
Ø  TV18 Broadcast approves amalgamation of 4 subsidiaries
Ø  Realty hit hard by demonetisation, awaits ‘white money’ buyers
Ø  Fresh Policy push to support solar energy on cards
Ø  Real estate sector will need to be formalised
Ø  Steel demand remains muted in India
Ø  FPIs outflow at Rs 3,800-cr from equities in fortnight
Ø  FM may set aside Rs 1,000 cr for agro processing clusters

invest in mutual funds, invest in the india economy

Financial Planning...

Re-Tired or Retired... Choice is yours

Thursday, January 12, 2017

news headline 13-01-2017

Economic Times
Business Standard

Ø  India's share in world GDP to reach 17% this yr: PwC
Ø  Guj signs Rs 77,000-cr MoU with Rlys for bullet train
Ø  Airtel Payments Bank launches nationwide operations
Ø  Saudis cut oil output to lowest in two years
Ø  Ratan Tata, Mukesh Ambani keen to invest in Assam
Ø  AG clears way for Rs 3,050 cr penalty on Airtel, Voda
Ø  TCS CEO N Chandrasekaran is new chairman of Tata Sons
Ø  TCS names Rajesh Gopinathan as MD and CEO
Ø  World food prices fall for fifth straight year in 2016: UN FAO
Ø  SC asks NDMC to reconsider Taj Mansingh auction
Ø  BoB declares 200 borrowers as wilful defaulters
Ø  Sebi may lower broker fee to Rs 15 per transaction of Rs 1 cr

Business Line

Ø  USFDA to re-audit Dr Reddy’s three plants
Ø  Government to sell 51% stake in Pawan Hans
Ø  Crisil develops new credit rating system for infra projects
Ø  Aircel to seek clarity on deal with Airtel, RCom
Ø  NSE’s 45% stake purchase in CAMS under SEBI scanner
Ø  Louvre Hotels takes majority stake in Sarovar Hotels
Ø  India’s IIP rises 5.7% in November, retail inflation decelerates in December
Ø  TCS Q3 profit rises 10.9% to Rs6,778 crore
Ø  Reliance Jio free offer has created unfair competition: Airtel’s Sunil Mittal
Ø  Consumers won’t have to pay card transaction charges at petrol pumps: govt
Ø  NRIs wait in RBI queues to deposit demonetised cash

Financial Express
Financial Chronicle

Ø  Bankruptcy and Insolvency Code will drive creation of a new debt market
Ø  PSBs need equity worth about Rs 2 lakh crore by March 2019: ASSOCHAM
Ø  SC’s no to intervene in whistleblower law irks advocate
Ø  Shut down SBI branches till cash flow improves, says trade union
Ø  Patel counsels Govt to reduce borrowing
Ø  Recommendations on Internet telephony by Feb: Trai
Ø  Private life insurers push premium growth in December
Ø  SpiceJet inks Rs 55,000 cr deal with Boeing to buy 100 jets

consult your wealth doctor

why we do retirement planning..

why elss for tax saving..

how to survive the equity roller coaster

Save Tax..

Sunday @ Home = SIP = Child's Future...

I am responsible for my family's wealth creation...

Stop Dream and invest now for achieve you financial dream.
index for industrial production..

stock market in 2016 what experts predicted and what actually happened...

Relex & Invest...

You relax in an aeroplane though you do not know the pilot,

You relax in a ship though you do not know the captain,

You relax in the train without knowing the motorman,

You relax in the bus not knowing the driver,

why don't you relax when you have invested in SIP while you know that objective of it / fund manager is its controller?

Wednesday, January 11, 2017

Do you use the cycle to travel 5000 Km? No na... Then why FD for all durations? Find out alternatives to FD in this picture.

Invest SIP by SIP for Decent Corpus..

When we play a one day cricket match we save our wickets for the end assault during slog overs.
Because if we have wickets at the end we can score big.
Isn't it?
Likewise in personal finance we need to invest SIP by SIP so that we have a decent corpus to help us score big and stay comfortable in the slog years of our lives.

just follow this 3 step for wealth creation..

26th dec 2016
Sensex - 25807

11th Jan 2017
Sensex - 27140

1333 points up with in 12 working days of Market. 😀

All  analyst told not to invest or wait for bottom on 26th December 2016.

30th dec 2016 was the last day of trading in 2016 and sensex was up. I asked my friend to invest. He replied this was due to NAV adjustment of mutual fund. After returning FII in 2017, another crash will be expected.

But result is totally different.  So don't try to predict the sensex. Simply invest to create wealth.

Steel You Want to listen Media or So Called Analyst..

23rd june

BRITAIN REMAIN. This was the statement of analysts.

They were wrong.

Trump victory  not possible.  And if Trump comes, all stock market dow jones, nasdaq and sensex melt down.

But they were wrong.

Rate cut 0.25 to 0.5 definate by RBI in dec. But it is discontinued by sensex. If 0.75 to 1 then sensex rally.

They were wrong. No rate cut.

Due to fed hike, sensex come down.

But they were wrong.

FII comes in jan 2017 and sensex further comes down.

But they were wrong.

Still u want to listen media or so called analyst....

Jago investor Jago

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