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Author Archives: wealth18

Now you can invest in Mutual funds via digital e-wallets

Last updated : 26th April, 2017SEBI has issued guidelines for using e-wallets in Mutual funds investment. After demonetisation many people are using e-wallets and it will make it easier for them if mutual funds investment is allowed via e-wallet.  Following are the guidelines: Investment upto Rs 50000 per mutual fund per financial year can be made using e-wallet. Further, this limit of Rs 50,000 would be an umbrella limit for investment by an investor through e-wallet and/or cash, per mutual fund per financial year. E-wallet’s balance loaded through cash or debit card or net banking, can only be used for ... Read More »

2017 Multibaggers – Top Large Cap, Mid Cap & Small Cap Stock Recommendations (for Medium to Long term)

Last updated : 26th April, 2017   26-April-2017 26-April-2017 NeelKamal Deepak Shinoy – CapitalMind Supreme Industries Sudarshan Chemical Tata Chemicals Infosys Rajat Sharma – Sana Securities Reliance Industries NTPC Max India IDFC Bank Lumax Auto Cyient Urmil Shah – IDBI Capital UFO Moviez HFC Companies Basant Maheshwari   21-April-2017 :   Radico Khaitan – Madhuri Madhusudan Kela bought 704,741 equity shares or 0.53% stake in the company at price of Rs 117 per share on the NSE   April 18 2017 – Top Stocks that can be multibagger in 2-3 years (Source) 18/04/2017 Jamna Auto HDFC Sec -Dipen Seth 18/04/2017 ... Read More »

IRB InvIT Fund IPO (First InvIT Fund) – Details & Review, Price, Listing

Last updated : 26th April, 2017Engineering company IRB Infrastructure on became the first firm to announce a public offer in the InvITs space with a Rs5,000 crore plus public issue of its fund opening on 3 May. What are InvIT :  InvITs or infrastructure investment trusts are those debt instruments which be traded in the market and can act as investment vehicles for the sponsors. The listing of instruments enable promoters of infrastructure to monetise completed assets and raise funds for other long-term projects. Infrastructure investment trusts are similar to mutual funds that pool investment from various category of investors ... Read More »

30th April deadline for self-certification for your bank account (FATCA)

Last updated : 25th April, 2017CBDT has issued statement that all bank accounts that were opened between July 1 2014 and August 31 2015 require submission of self-certification forms by 30th April 2017. If you do not submit it within time then the accounts will be blocked. This self-certification is related to compliance with Foreign Account Tax Compliance Act (FATCA) provisions. The transactions by the account holder in such blocked accounts may, thereafter, be permitted once the self-certification is obtained and due diligence completed. Submitting the self-certification under FATCA is not complex. It does not require one to submit the ... Read More »

S Chand and Company IPO – Details & Review, Price, Listing

Last updated : 25th April, 2017 S Chand & Co , the leading publishing and education service enterprise is coming up with its IPO on 26th April. Issue Details of S. Chand IPO:   IPO Open :  26th April – 28th April 2017 Issue Price band: Rs 660 – 670 per share Issue Size: Rs 325 crores  ( XX  Shares) Market lot :  22 shares Minimum Investment:  Rs 14740 (Upper band) Book Running Lead Managers :  Axis, Credit Suisse, JM Financial Registrar – Link Intime Listing: BSE/NSE IPO Issue Allocation Qualified institutional buyers (QIBs) –  50% of the total issue size. Non-institutional investors (NIIs) ... Read More »

S P Tulsian Top picks , Stock recommendations, Multibaggers

Last updated : 21st April, 2017 S P Tulsian is a renowned market analyst. He is a commerce and law graduate and holds professional qualifications of Chartered Accountancy and Company Secretary. His fundamental analysis of stocks is great. Here are some of his views on various stocks and industry: Date Stock Price (20-Apr-2017) CMP Returns 20-Apr-17 Banco India BANCOINDIA 225.2 20-Apr-17 Minda Corporation MINDACORP 120.3 20-Apr-17 Magna Electro Castings 183 20-Apr-17 Wabco WABCOINDIA 6177 20-Apr-17 ZF Steering 1335 20-Apr-17 Rico Auto RICOAUTO 62.3 20-Apr-17 Zee Entertainment ZEEL 532.5 20-Apr-17 Future Retail FRETAIL 307.5 20-Apr-17 Hindustan Zinc HINDZINC 284.85 19-Apr-17 Nalco ... Read More »

Why Indiabulls Real estate was up by 40% today?

Last updated : 18th April, 2017 Today on 17th Mar 2017, shares of Indiabulls were up by 40%. It was trading at its highest level since 2011. What was the reason such a big rally? The Company’s board in its meeting today considered the possibility of streamlining its existing ‘residential’, ‘commercial’ and ‘leasing’ businesses by segregating ‘commercial & leasing’ business carried on by itself and/or through its SPVs and vesting the same into ‘Indiabulls Commercial Assets Ltd’ (ICAL). The company’s management told CNBC-TV18 that it will either look for strategic partner or demerge the commercial leasing business. The company further ... Read More »

Best ELSS Tax Saving Mutual funds to invest in 2017 – Top Performing

Last updated : 17th April, 2017 Equity Linked Savings Scheme (ELSS) Mutual Funds are one of the popular 80C tax saving options for savvy investors. Quick Overview of ELSS Funds ELSS is a diversified equity mutual fund which has a majority of the corpus invested in equities. There is a lock in period of 3 years from the date of investment. You can remain invested even after 3 years and can withdraw anytime after that lockin. Returns are based on returns from Equity Markets.  Returns from ELSS Schemes are tax free. Based on previous returns, some of the funds has ... Read More »

Best ELSS Tax Saving Mutual funds for Investment in 2017

Last updated : 17th April, 2017 Equity Linked Savings Scheme (ELSS) Mutual Funds are one of the popular 80C tax saving options for savvy investors.  Read – Other Tax Saving Options u/s 80C Quick Overview of ELSS Funds ELSS is a diversified equity mutual fund which has a majority of the corpus invested in equities. There is a lock in period of 3 years from the date of investment. You can remain invested even after 3 years and can withdraw anytime after that lockin. Returns are based on returns from Equity Markets.  Returns from ELSS Schemes are tax free. Based ... Read More »

Best Top Performing Sector or Thematic Equity funds

Last updated : 18th April, 2017 When you have invested in other Equity funds, like Large, Midcap, Diversified Equity funds etc, you can consider allocating some funds to any sector specific or Thematic funds. As the name suggests, these funds invests in share of specific industry (e.g. pharma) or specific theme (i.e. infrastructure) etc. These funds have higher risk as compared to diversified Equity funds, so you should allocate 10-15% of your Equity portfolio to such funds (depending on your risk profile) Some of the best performing Sector / Thematic Funds are as follow s( as on 13-May-2016)       ... Read More »

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