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Edelweiss Large & Midcap Index Fund

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 Edelweiss Large & Midcap Index Fund An open-ended equity scheme replicating Nifty LargeMidcap 250 Index NFO Period-  15th Nov to  26th Nov 2021 About Fund Fund provides exposure to large and midcap stocks in one portfolio. It ensures a balance between growth and stability. NFO Details Scheme Type : An open-ended scheme replicating Nifty LargeMidcap 250 Index Category of the Scheme : Index funds  Minimum Investment : Lumpsum minimum of  Rs.5000 and multiples of Re. 1 Additional Purchase : Minimum of Rs. 500 & multiple of Re.1 thereafter Exit Load : Nil Fund Manager :  Mr. Bhavesh Jain Plan Options : Regular & Direct  Performance of the Underlying Index Since Inception (April 2005) Nifty LargeMidcap 250 Index-TRI          16.65% Nifty 500-TRI                                                     15.30% Nifty 200-TR                                                       15.36% Why Edelweiss Large & Midcap Index Fund? A powerful index fund to invest in large & midcap univ

Research before Investing in IPO

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  Research before Investing in IPO Before investing in IPOs, make sure you are familiar with their growth prospects and associated risk It is wise for investors to take enough precautions while investing in IPOs as at times such investment could be riskier than assumed. Here are 5 precautionary measures one should undertake while putting in money in IPOs 1. Carefully read the DHRP of the company The Draft Red Herring Prospectus (DRHP) of a new entity offers a detailed insight into the company that is coming with an IPO. It provides critical information that can help you understand the business better. 2. Know the Promoters Promoters are the driving force of the company. The growth of the company largely depends upon the promoter's ability to make the right decisions. 3. Know about the Risk Factors Risk factors mentioned in DRHP must be given attention. It is better to avoid investing in IPOs if it does not match your risk appetite. 4. Objective of Capital Raised It must be taken in

Aditya Birla Sun Life Business Cycle

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 Aditya Birla Sun Life Business Cycle Fund   NFO Opens: November 15, 2021  NFO Closes: November 29,2021 The fund is an open-ended equity scheme. It is a business cycle-based investing theme. Objective It provides long-term capital appreciation by investing predominantly in equity and equity-related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. This scheme aims to identify the sectors that are likely to do well when the economy booms. It will aim at being diversified across various industries. NFO Issue Details Minimum Lumpsum     Rs. 500 Minimum SIP                   Rs. 100 for 6 months NAV of the Fund             Rs. 10 during NFO period Entry Load                        Nil Exit Load                            1% if redeemed within 1 year Risk                                       Very High Risk BenchMark                        S&P BSE 500 TRI   Why to Invest?

Financial planning Tips for Women

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  Financial Planning Tips for Women Women are better managers than men. They also have a long-term view of things. All these are great skills for doing good financial planning. The inclusion of women in financial matters was less important in earlier days. Over the year the thought process changed as more and more women are driving financial decisions.  Go ahead and set a financial future for yourself and your family. Tips for Women 1. Take control of your finances as financial planning is important. Start planning your investment right now!! 2. Accumulating wealth through investment is necessary. It is good to put idle savings to use. 3. Manage your debt, as excess debt leads to financial disasters. If you have surplus cash, pay off your debt. 4. Create an emergency fund. It helps you to have enough money for bad days. 5. Get properly insured. You require both health insurance and life insurance. 6. Build a consistent plan for the whole family. It will be better to go in sync and alig

National Pension Scheme

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            National Pension Scheme About NPS   The NPS is a pension cum investment scheme launched by the Government of India. Pension plans provide financial security and stability during old age. It is an attractive long-term saving avenue.  The scheme is regulated by Pension Fund Regulatory and Development Authority (PFRDA).  NPS is available to all citizens of India. NPS account opening Eligibility Any citizen of India between the age of 18 and 65 years can open an NPS account.  There are two ways to open an NPS account.      Online through eNPS website.      Offline by visiting POP-SP. It could be a bank or post office. A Permanent Retirement Account Number is issued to each NPS subscriber.  Online through E-NPS One can open an account online through https://enps.nsdl.com/eNPS/NationalPensionSystem.html. Offline In case of offline opening of an account, the person can go to the nearest POP-SP. Submit PRAN application along with KYC documents. The PRAN card is issued and will be s

Foreign Investment

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Foreign Investment in India Introduction During liberalization in the year 1991, the government has eased the country's investment policies. It has made India an ideal investment hub for foreign investors. Investment by foreign companies are also attracted by lower wages, investment privileges, a good business environment, etc. FDI inflows According to the investment report 2021, India FDIs were bolstered due to the acquisition in information, communication technology and construction sectors. Total FDI Inflow FY20-21, India has attracted a 10% higher FDI inflow than the previous year. Computer software and hardware are reported as a top sector for inflow with a 55% share of the total FDI inflow, construction infrastructure at 16% & service sector at 11%. Among states, Gujarat, Maharastra and Karnataka attracted maximum investment by FDIs. Boost in FDI investment The government has relaxed FDI norms in various sectors like telecom, power exchange PSU oil refineries. Few are lis

Warren Buffett's Investment Strategy

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Warren Buffett's Investment Strategy Warren Buffett is one of the most respected and popular investors of all time. What made him an investment legend? What is his secret to success? Warren Buffett's Philosophy There are some of the most important Buffett investing principles are: 1. Look for a margin of safety - A principle of investing in which an investor only purchases securities when the market price is significantly below its intrinsic value. When the market price is below your estimation of the intrinsic value, the difference is the margin of safety. The margin of safety allows an investment to be made with minimal downside risk. 2. Look for quality - Don't invest in junk, struggling businesses. It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. 3. Don't follow the crowd - Best way to invest is to ignore the crowd entirely and focus on finding value on your own. 4.  Don't fear market crash and correction