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. CASE I: Deepak Kumar is saving for his kid’s goals and retirement. Here’s what the doctor has advised him Investor’s existing portfolio PORTFOLIO CHECK-UP Investing in a mix of equity…
Author: Miley Selena
The Goods & Services Tax (GST) applies to all service providers, traders and manufacturers. The procedure for GST registration is entirely online. Every product goes through multiple stages along the supply chain before the fi nal sale to the consumer. Turnover GST is mandatory for: Companies with turnover of more than Rs 20 lakh (supply of services) and Rs 40 lakh (supply of goods) annually. Businesses making inter-state outward supply of goods. Agents and brokers, selling on behalf of taxable suppliers. E-commerce sellers/aggregators if total sales are less than Rs 20 lakh. Timelines GST registration usually takes between 2-6 working…
The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs) Gold remained weak as money has started shifting to risky assets like equities. Silver (Rs) Following the gold trend, silver also remained lacklustre over the past week. Platinum ($/troy ounce) Industrial metals down because the increasing spread of version of Covid in countries like the US and China threatens economic growth WTI Crude ($/barrel) In addition to the delta…
Vietnam recorded an additional 4,941 Covid-19 infections in the past 12 hours, raising the total number of patients in the country to 205,656. Ho Chi Minh City continued to report the highest number of new infections in the country, the Ministry of Health reported at 6am on Sunday. A further 234 deaths related to Covid-19 were announced, bringing the total number of fatalities in Vietnam to 3,250. More stories at Vietnam Insider’s homepage. According to the ministry’s report, 4,937 of the newly-confirmed patients are locally-transmitted cases most of whom were detected in quarantine sites or areas under lockdown in some…
Demat, trading accountholders who could not update KYC details in their accounts by July 31, 2021 have been given a breather by the capital markets regulator. The Securities and Exchange Board of India (Sebi), via a circular issued on July 30, 2021, announced that it has extended the KYC compliance deadline by two months to September 30, 2021. The decision was taken due to the prevailing Covid-19 pandemic, Sebi stated in its circular. In April 2021, the two depositories, i.e., Central Depository Services Ltd (CDSL) and National Securities Depository Limited (NDSL), issued circulars informing clients to update certain KYC attributes…
In an email sent to its customers, HDFC Bank has said that as part of “our ongoing effort to provide you with a seamless, best-in-class digital banking experience, we are undergoing scheduled maintenance.” HDFC Bank sent this mail its to its customers on August 6, 2021 . According to the email, between August 7, 6 pm and August 8, 10 pm customers will not be able to view/download credit card statements. On August 11, between 12.30 am and 6.30 am. debit and credit card related services will not be available. During this activity, the following transactions will not be available…
The Singapore’s government said Friday it will start relaxing Covid-19 measures next week as vaccination rate rises. The government has revised Covid measures multiple times since May due to an increase in locally transmitted infections — many caused by the more transmissible Delta variant. The country last tightened measures on July 22 by banning dining in and limiting social gatherings. Related: Singapore tightening restrictions for travelers from Vietnam Health Minister said the number of daily cases has stabilized since the latest restrictions were imposed. During that time, the share of people who received two doses of Covid vaccine rose from around…
Japan reached the milestone of one million coronavirus cases on Friday, domestic media reported, as infections surged in Olympic host Tokyo to other urban areas and the country grapples with an unprecedented speed of spread of the Delta variant. A driver of Finance Minister Taro Aso had caught COVID-19, the Ministry of Finance said, prompting Aso to self-quarantine at home. Aso has shown no symptom but had a PCR test, results of which will be known on Saturday, Reuters citing a report from Kyodo news wire. With a record 15,645 new cases reported on Friday, the total since the pandemic…
Vietnam’s GDP grew 5.64 percent percent in the first half of this year, despite the complicated situation of the pandemic. The fastest growing industries and sectors in Vietnam in the next 5 years will include high-tech products, transportation, furniture, and electronic products. Vietnam prioritizes FDI in high technology, innovation and projects that create favorable conditions for Vietnamese enterprises to participate in the value chain, as well as those related to promoting the digital economy and actively contributing to the country’s sustainable socio-economic development. Related: How to register a foreign invested company in Vietnam The webinar entitled ‘Future of Vietnam’s transformation…
The best COVID-19 vaccine is the first one that is available to you. Do not wait for a specific brand. All currently authorized and recommended COVID-19 vaccines are safe, effective, and reduce your risk of severe illness. Vietnam’s Ministry of Health has approved six COVID-19 vaccines for emergency use in Vietnam, and all of them are safe and effective against the SARS-CoV-2 virus. 1. AstraZeneca vaccine The vaccine, developed by Oxford/AstraZeneca, has been approved by the World Health Organisation and used in 119 countries and territories, including Vietnam. Vietnam has so far received more than 8.7 million doses of the…