The familiar bell rang. It was my mother-in-law pressing the button to summon help from her bedroom. As I entered her room, she was somewhat stoic and upset, even as she asked for a drink of ice cold water. She would do anything to fight the metallic taste in her tongue. That was eight years ago, when she was terminally ill. She had made it a habit to ring that bell approximately once in 30 minutes, and no one but me could respond. Prolonged illness and the fear of death changes people in ways many of us do not fathom.…
Author: Miley Selena
With an all round improvement in verticals like generation, transmission and distribution, EPC (engineering, procurement and construction), etc., Tata Power was able to report good numbers for the fourth quarter of 2020-21. In addition to the newly acquired Odisha distribution circle, its 53% y-o-y revenue growth is also triggered by strong execution of the solar EPC projects and performance by the coal division. After the recent acquisition of Read more: EconomicTimes
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. How the fund has performed 82855335 Where the fund invests 82855346 Above figures pertain to daily rolling return for relevant time periods over the past decade.Note: Different benchmark (S&P BSE 100 TRI) is used due to non availability of stated Read more: EconomicTimes
We have observed that mutual fund investments are generally preferred for the longer term.Synopsis”New entrants are welcome as it fosters a competitive spirit within the industry. These players will bring a diverse set of ideas. Other entrants will adapt newer technologies that will bring down the cost of operations which could be passed on to the investor,” says N.S. Venkatesh CEO, AMFI .There is scope to do more to ensure a level playing field for mutual funds so that these can become a viable savings option for more people, N.S. Venkatesh CEO, Association of Mutual Funds in India (AMFI) tells…
Relative Performance from IPOs starts deteriorating with the total collection. For example, the BSE IPO index started underperforming the Sensex after huge IPO collections during 2017-18. A bigger worry is a bigger collection may threaten the secondary market rally too. “Primary market activity is linked to secondary market rally and a large number of IPOs comes during the late stage of the bull market,” says Mayank Khemka, CIO-India, Deutsche Bank. Hasit Pandya, Director, HPMG Shares & Securities concurs with this view. “If you look at the history, you will notice that there will be reversal in broader market after large…
In this week’s realty hot spot series, we turn the spotlight to Omega, Chi, Phi, Greater Noida, in the national capital region. Besides strong metro and road connectivity, this locality also boasts of good social and retail infrastructure. This well-connected residential area enjoys the presence of reputed schools and hospitals, including Cambridge School and Kailash Hospital. The property price range per sq. ft. in this locality is Rs 2,600-5,500. A 2-BHK, which is the property type enjoying the most abundant supply here, costs about Rs 42 lakh on average and comprises 1,110 sq. ft area. Here are other highlights of…
1. Equity investments generate two types of returns— capital appreciation through price movements and regular income through dividends. 2. Dividends are a common way for a company to share its profit with the shareholders. 3. Dividend yield shows how much a company pays out in dividends each year relative to its market price. 4. High dividend yields are typical of mature, stable and high cash flow-oriented companies. 5. High dividend-yielding companies are less volatile than the market. (Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.) Read…
An investor can move from one stock broker to another for various reasons like the services offered, ease of doing transactions, brokerage or research services offered. To maintain a single trading and demat account, one will need to transfer existing holdings to the new demat account and close the current one by following the below process. Open new demat and trading account Once the new broker is finalised, the account can be opened using the broker’s portal and filling out an online form with basic details. Next, KYC documents need to be uploaded for verification and a video verification of…
By Sudhir Kaushik of Taxspanner.com Gurugram-based finance professional Sahil Garg pays a high tax because his pay structure is not tax friendly and he doesn’t claim some of the deductions available to him. Taxspanner estimates that Garg can save more than Rs 75,000 in tax if his salary structure is tweaked and he invests in NPS. Income from employerGarg gets Rs 40,000 per year as LTA but has opted to receive that as taxable income every month. “I will not be able to travel and claim exemption due to lockdown restrictions,” he says. He should ask his company to replace…
Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals. I: Saurabh Kumar is saving for his kids’ goals and retirement. Here’s what the doctor advised him: Goals Investor’s existing portfolio Portfolio check-up Investing in funds for past two years…