Investments/ Insurance/ Real Estate

13/04/2022

The fund targets stable returns with high credit quality and liquidity predominantly
through investment in Debt & Money Market Instruments issued by Banks, Public Financial
Institutions (PFIs) and Public Sector Undertakings (PSUs).

14/05/2021

BUY GOLD...BUY NIPPON INDIA GOLD FUND..💰💰💰💰💰

19/10/2018

14/07/2018

https://timesofindia.indiatimes.com/business/india-business/irdai-issues-new-norms-for-mediclaim-policies/articleshow/59570515.cms

India Business News: Customers only realise at the time of making a claim that their health insurance policy does not cover certain medical conditions or ailment. To preve

13/07/2018

http://www.zeebiz.com/india/video-gallery-nivesh-ki-paathshala-with-zee-business-managing-editor-anil-singhvi-54868

Watch this special segment of Zee Business Nivesh ki Paathshala with Zee Business' Managing Editor Anil Singhvi and also know the advice of different expert's on mutual fund investment, key rules before making any investment.

06/05/2017

Talking about health insurance, the importance of adequate health
insurance can never be ignored. Of the 18% of the Indian population
who have “SOME SORT OF” health cover, it is NEVER adequate to
meet their total medical expenses.
Nearly 35% of urban India is underinsured. Underinsurance level for
families with 4 or more members is a staggering average of 49%.
Inadequate coverage means a
bigger out of pocket expense. An
evaluation of 9 lakh claims over
five years shows a strong dip in
claims received versus actual
treatment cost.
The gap increased when claim
costs exceeded Rs 3 lakh per treatment. For instance, in 2015, for a
treatment cost below Rs 3 lakh, 85% of claims were receivedwhereas, for a Rs 10 lakh treatment only 30% claims were received.
Inflation has played a role in making healthcare more expensive.
Treatment of communicable diseases has turned dearer by over 9.3%
annually while that of circulatory system related diseases have
increased anywhere from 2-13% per year between 2011-2016
depending on the city one lives in.
A substantial increase in the cost of health insurance premiums in the
range of 9-16% by a family of two post the age of 35 has also been
observed. For a family of four, a marginal increase of 7-8% in the cost
of health insurance premiums has been observed till the age of 40,
post which premium costs can spike by over 10%. The figures
indicate that it's cost effective for consumers to purchase health
insurance at an early age.
"The insights from our report clearly indicate that 'Health isn't Wealth'
for a vast majority of urban Indians who do not realize that they are
underprepared to meet expenses related to potential health crises in
the future. What we are aiming to do with this report is to educate
them on two fronts; one, the inadequacy of their insurance cover that
they have at present for meeting future exigencies and two,
underscore the greater need to be financially prepared for medical
care as they grow in terms of age and family," says Manish Shah, Co-
founder and CEO, BigDecisions.

10/11/2016

Consumer durable & Consumer non durable
Definition : Consumer goods are goods bought by end users for consumption. Consumer goods are classified into consumer durables and consumer non-durables. Consumer goods are finished products ready to be bought and consumed as opposed to products used by manufacturers to produce other goods.
Consumer durables refer to products that have an extended product life and are not worn out or consumed quickly.
Consumer non-durables refer to products purchased for immediate or almost immediate use and have a short life span. They are opposite of consumer durable.
Explanation : For statistical purposes, a durable good is expected to last at least three years. The dividing line isn’t always rigid. Durables are purchased occasionally since they have an extended life, while non-durable goods are replenished on a regular basis.
Explanation : A washing machine is an example of a durable good - it will wear out after many years and multiple uses. However, the detergent powder used in the washing machine is a non-durable good, which will have to be purchased frequently. The Consumer Durables industry consists of durable goods and appliances for domestic use such as televisions, refrigerators, air conditioners and washing machines. Instruments such as cell phones and kitchen appliances like microwave ovens are also included in this category. Non-durable goods include food and clothing etc.
Supported by ICRA Online Ltd.

29/08/2016

Underwriter
Definition : An underwriter is a securities dealer who facilitates corporations and Government entities in raising money from the market. The key role of the underwriter is to buy financial securities from the issuer and then re-sell them to investors. In doing so, the underwriter assumes a financial risk and thus expects to make profit on such transactions.
Explanation: An underwriter (or at times a syndicate of firms) agrees to buy securities from a company with the aim of distributing the same to investors. There are a number of reasons for using underwriters to resell securities. First, a company gets ready cash and access to the underwriter’s distribution network, without having to create one of its own. Second, at the time of issue of securities, it is mandatory that a certain percentage of the issue is sold. If the company, which is raising money, fails to ensure that this minimum percentage of its issue is sold, the company will not be allowed to raise the entire capital. To enable companies meet this minimum requirement, underwriters agree to subscribe to the unsold portion of the issue. There are various terms and conditions involved in such an obligation.
The difference between the price paid by the underwriter to the issuer of the security and the price at which the security is resold to the investor represents the underwriter’s profit. They also receive underwriting commission form the issuing clients. The underwriter's profit depends on many factors, the most important being the demand for the company’s fund raising issue. If the demand for securities is high, the underwriter can receive a better premium. A poor response to the issue can lead to losses for the underwriter.
Example: Suppose a company wants to issue a stock of Rs. 2,000 crore and hires an underwriter. The issuer along with the underwriter decides the offering price of the bond and the underwriter agrees to buy up to 50% of the issue, in case it is unsold. In case, Rs. 1,700 crore of the issue is sold, the underwriter would then buy the rest Rs. 300 crore of the issue.
Supported by ICRA Online Ltd.

27/08/2016

Feeling Honored to have received Rajiv Gandhi Award for being "Ideal Consultant" in the field of Wealth Planner and Tourism for the region by Thane Zilla Rajiv Sevabhavi Sanstha

20/07/2016

Mutual fund houses are staring at the possibility of as much as Rs 1.08 lakh crore redemption if they do not meet the August 31, 2016 Fatca (Foreign Account Tax Compliance Act) deadline. But industry watchers are hopeful that the Finance Ministry will extend the deadline.

The declaration is common for all accounts opened after July 1, 2014, whether by residents or non-residents by August 31. In the absence of such declaration, RFIs (reporting financial instutions) will need to close the accounts and report their information as 'reportable' accounts.

Media reports suggest around 54 lakh folios are non-Fatca compliant and closing them would mean redemption.
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Foreign Account Tax Compliance Act (Fatca) is part of a comprehensive USA anti-tax evasion global reporting regime designed to locate income and assets held by USA persons in offshore accounts (either directly or indirectly through ownership of foreign entities) and ensure that it is reported to Internal Revenue Services (IRS). It is a step in the right direction towards transparent taxation between these two countries.

"Though the deadline for Fatca compliance is nearing, we believe the Ministry of Finance would suggest a pragmatic solution to this issue," Ankit Choradia, Research Analyst at Karvy Stock Broking, told ETMarkets.com.


Accordingly, banks, depositories, mutual funds and hedging companies and financial institutions are required to comply with the provisions of the Income-Tax Rules for implementation of the inter-governmental agreement (IGA).

"As per Rule 114H(8) of the Income-Tax Rules, for all individual and entity accounts opened from July 1, 2014 to August 31, 2015, the reporting financial institutions (RFIs) will need to obtain the self-certification and carry out due diligence procedure to determine the reasonableness of the self-certification," Dr Suresh Surana, Founder, RSM Astute Consulting Group, told ETMarkets.com.

In view of the above, the deadline of August 31, 2016 is fast approaching and RFIs are under pressure to collect the self-certification and documentation from investors.

"Due to the relatively new legislative requirement of Fatca and a large number of accounts where self-declarations have still not been obtained and revalidated, it is necessary to extend the timeline for compliance," he said.

Choradia said one of the critical issues in having investors Fatca compliant is the lack of proper communication between fund houses and RTAs and investors due to non-availability of updated details of investors such as registered mobile numbers/email ids.

A large segment of the investor community is unaware of the mandatory declaration of FATCA .

04/07/2016

Hedging and Hedge Ratio

A hedge is an investment position intended to offset potential losses/gains that may be incurred by a companion investment. In simple language, a hedge is used to reduce any substantial losses/gains suffered by an individual or an organization. Hence hedging is the art of reducing or eliminating financial risk by entering into a transaction that will protect against loss through a compensatory price movement.

A hedge ratio is the value of the proportion of a position that is hedged to the value of the entire position. It is also known as a delta. Hence hedge ratio specifies how much an investment is exposed to risk. The ratio is calculated to make certain that there is enough financial protection in the event that the price rise or fall.

Explanation : A hedge ratio calculates the amount of derivatives needed to hedge against the risk of loss in a portfolio of stocks or other derivatives. Dynamic Hedging is needed to rebalance the position from time to time so as to maintain the hedge ratio.

Example : You are holding Rs 10 lacs in foreign equity, which exposes you to currency risk. If you hedge Rs 5 lacs worth of the equity with a currency position, your hedge ratio is 0.5 (50 / 100). This means that 50% of your equity position is covered from exchange rate risk.
Supported by ICRA Online Ltd.

09/02/2016

Tax saving sections ... A small glimpse..

80 C:-Max limit
150000/- (ELSS, LI, PPF ,PF,NPS)

80CcD:-50000/- (NPS)

80CCG:- 25000/- or 50% of your investment which every is less

80D:-25000/-
( Mediclaim Policy for self spouse, children)
30000/- for parents dependent Medical reimbursement :- 15000/- US 17(2)

80DDB:-Medical expense occurred on dependent for specified illment

80TTA:- Up to 10000/- for SB bank account ROI

Gift tax :- Exempted upto 50000/- above 50k full amount taxable (FY)

Transport allowance :- 19200/- (FY)
C.E.A. :- 2400/- (FY)

HRA :- as per the calculation

24(b) :- 200000/- (home loan interest)(unlimited for non self occupied house)

80G :- full amount in few selected organisation this exemption is 50%

80GGB. :- 100% exemption for political parties

80EE :- unlimited (interest on education loan)
Above is just few section that I introduced to you might be few more exemption also available for you for exemption .
Happy investing ....