Wealth Guide

04/04/2017

Client : Hi Mr. Advisor , I want to know the differance between stock SIP vs Mutual fund SIP . Whichone is better & why ? Can u explain both the concepts ?

Advisor : Yes sir surely. Why not.

Well, stock SIP is averaging and mutual fund SIP is rupee cost averaging.

Albert Einstein quote...
Compound interest is the eighth wonder of the world.

Our quote...
SIP is nineth wonder of the world.

Client : Oho.. How !!! 🤔

Advisor : Let say, you want to buy 10 Kg. apple every month....
Price of apple in January - 20 per kg. Your expense is Rs.200, right?
Price of apple in February- 40 per kg. Your expense is Rs.400
The average per kg cost is 20 + 40 = 60 / 2 = 30 per kg.

*This is average and your stock SIP is working on same principle.*

*Client*: Then what is rupee cost averaging?

*Advisor* : Suppose your budget is to spend Rs. 200 per month on apple. No matter what is the price.

Price of apple in Jan - 20 per kg, so you can buy 10 kg. (200/20)

Price of apple in Feb - 40 per kg. So you have 5 kg. (200/40)

Now tell me the average of per kg apple.

*Client*: Same 30 per kg

*Advisor* : No.

Number of kg you bought = 10 + 5 = 15
Total cost = 200 + 200 = 400
Average cost = 400 /15 = 26.66

Now in the above example as stock SIP , you bought of apple is averaged at Rs. 30. per kg. & as Mutual Fund SIP , your buying cost is averaged at Rs. 26. 66 per Kg. for the same apples.

*This is Rupee cost averaging. Mutual fund SIP is working on this principle.*

*Client*: oh great!! So every time our cost per unit is less than its avg. Now I fully understood rupee cost averaging. It's awesome..

07/03/2017

STOCKS TO WATCH :
Jet Airways & FIJI Airways announce co codeshare pact

Cairn India appoints oil & gas advisors to provide strategic direction

Tech Mahindra Board approves acquisition of CJS solutions group through US arm

Bank of Maharashtra sets 1-year MCLR at 8.75%

Bharat Financial provides update on business operations

PNB looks to sell 7% stake in PNB Housing Finance

JSW Energy says pledge on shares held by promoter group released

BEL: Gets members' nod for subdivision of 1 share into 10 shares

Den Networks to increase stake in Den Digital Cable Network from 51% to 88.57%

RBI removes South Indian Bank from FII caution list

Jindal Poly to invest ₹350 cr in expansion plans

Coal India approves dividend of ₹18.75/share

Arfin India: Bags order from JSW Steel worth ₹107 cr

*Castrol to go ex-dividend today*

Geometric sets March 15 as record date for deal with HCL

Shiva Cement says JSW Cement acquires 35.62% equity

PNC Infra bags Hybrid Annuity Highway Project of ₹1,434 cr

Still in F&O Ban: JSPL and JP Associates

M&M to develop affordable electric vehicles, electric SUV also on the cards

07/03/2017

*Pharma Company's return in last one year*
ORCHID PHARMA -24.36%
DIVIS LAB -22.32%
SUN PHARMA -21.41%
WOCKHARDT -19.57%
LUPIN -17.42%
SUVEN LIFE -16.77%
TTK HEALTHCARE -11.16%
DR REDDY -10.35%
ALEMBIC PHARMA -7.86%
NECTAR LIFE -5.06%
INDOCO REMEDIES -4.24%
AURO PHARMA -3.95%
IPCA LAB -3.31%
SMS PHARMA -1.45%
TORRENT PHARMA +4.30%
MARKSANS PHARMA +9.45%
GRANULES INDIA +11.40%
CIPLA +11.56%
STRIDE SHASHUN +13.01%
GLENMARK PHARMA +14.83%
SPARC +16.15%
VIVIMED LAB +22.66%
UNICHEM LAB +23.24%
J B CHEMICALS +24.84%
AJANTA PHARMA +25.73%
*IOL CHEM & PHARMA +30.11%*
*CADILA HEALTH +31.74%*
*NATCO PHARMA +60.28%*
*ALEM LAB +61.09%*
*JUBILANT LIFE +92%*
*BIOCON +121.07%*

03/03/2017

Government of india proposed merger of 27 PSBs into 6.
Below the name of Public sector Banks with the Anchor Bank (with which other Banks will get merged).

1. State Bank of India (Anchor Bank)

State Bank of Hyderabad
State Bank of Patiala
State Bank of Travancore
State Bank of Bikaner & Jaipur
State Bank of Mysore

2. Punjab National Bank (Anchor Bank)

Oriental Bank of Commerce
Allahabad Bank
Corporation Bank
Indian Bank

3. Canara Bank (Anchor Bank)

Syndicate Bank
Indian Overseas Bank
UCO Bank

4. Union Bank of India (Anchor Bank)

IDBI Bank Ltd
Central Bank of India
Dena Bank

5. Bank of India (Anchor Bank)

Andhra Bank
Bank of Maharashtra
Vijaya Bank

6. Bank of Baroda (Anchor Bank)

United Bank of India
Punjab & Sind Bank
Bhartiya Mahilla Bank

Under direction of RBI, the clearing of cheques would be done on the same day in house where cheque is deposited i.e. with any Bank whether Nationalised & co - operative etc. and while screening if there is insufficiency of fund the bounced chq cannot be represented again & payee if need be will have to file legal complaint under section 138.

03/03/2017

For more details contact Vinayak Hegde 7259592272

In an interview to CNBC-TV18, Ashish Soparkar, MD of Meghmani Organics said that chloromethane plant will be commissioned in Q4 of FY18...

03/02/2017

Vikram Limaye new NSE CEO

25/01/2017

Market reportINDIA: MARKET PERFORMANCE IN JAN SERIES

* The Total traded volume in the last 30 Minutes was way above the regular expiry session, Today Market clocked INR 9650 Cr in the last 30 minutes of Trade vs an avg of ~8000Cr.

* SECTORWISE PERFORMANCE: Metal +18% | FMCG +13% | Auto 11% | REAL Est +11% | OIL +10% | Power +10% | CG +10% | Bank 10% | PHARMA +2% | IT +1% |

* NIFTY Gave a handsome return of 6.16% in this Jan Series.

* NSE Midcap and NSE Small Cap Index has given a stunning return of 8.91% and 10.90% respectively in this Jan series.

* BSE500 INDEX has given a 7.18% in this series.

17/01/2017

2016 saw highest number of Demat accounts opened in 8 years Read more at http://m.moneycontrol.com/news/economy/2016-saw-highest-numberdemat-accounts-opened8-years_8270921.html

A string of initial public offerings and increased demand for mutual funds attracted 2.4 million new investors to financial assets, according to a report in Livemint.

16/01/2017

02/08/2016

.Who is the biggest shareholder of ITC?
-Govt of India @32.51%

They claim that they are Anti-Tobacco.

From the Govt, who is the Biggest Shareholder in ITC
-LIC @14.42%

What does LIC sell?
-(Life insurance)
What does ITC sell?
-(Cancer)

This is called Hedging...
Zindagi ke saath bhi - ITC
Zindagi ke baad bhi - LIC

😩worth a thought...making bucks both ways...😩.