Wednesday , 29 March 2017
Home » Author Archives: wealth18

Author Archives: wealth18

D-Mart IPO (Avenue Supermarts IPO) Allotment Status – Details, Review

Last updated : 26th March, 2017 The shares for D-Mart / Avenue Supermarts is allocated now. You can check the allotment status for D-Mart IPO (Avenue Supermarts IPO at the registrar link (Link Intime) below: http://www.linkintime.co.in/publicissues/default.aspx I applied for 100 shares and was allocated 50 shares. See screenshot.  Avenue Supermarts has opened its IPO on 8th March 2017.  It is the operator company of D-Mart supermarkets. The retail chain’s IPO is also significant on the back of its strong promoter entity, Radhakishan Damani. He is considered among the major names in the markets as a trader and value investor and ... Read More »

Music Broadcast IPO (Radio City IPO) Allotment Status – MBL IPO Details & Review

Last updated : 26th March, 2017   The Shares are expected to be listed on Friday. You can check the allotment status for Music Broadcast IPO (Radio City IPO) at the link below: http://kosmic.karvy.com:81/ipotrack/     Update: 7th March (Day 2) –  The IPO issue is over-subscribed 2.1 times retail investors was subscribed 3.6 times,  high net-worth individuals’ category was subscribed 24%. institutional investor category saw a subscription of 1 times, Music Broadcast, the operator of FM channel Radio City has kicked off its Rs 500 crore IPO on Monday 6th March 2017. Issue Details IPO Open :  6th – 8th ... Read More »

Rakesh Jhunjhunwala Latest Portfolio Holdings – Mar 2017

Last updated : 15th March, 2017 Rakesh Jhunjhunwala, 53, India’s most distinctive investor with a net worth of more than USD 1 billion.  He is one of the most famous and respected equity investors in India and manages his own portfolio as a partner in his asset management firm, Rare Enterprises. Son of an income tax officer, he started trading in stocks while in Sydenham college and plunged into investing as a full time profession soon after completing his education. He started his career with $100 in 1985 when the BSE Sensex was at 150. He made his first big ... Read More »

Best Equity Mutual Funds to Invest in 2017 – Top Performing Mutual Funds

Last updated : 15th March, 2017 If you are looking at this post, then you must be interested in knowing more about best performing Equity mutual funds. Based on your risk profile, you should allocate a portion of your investment amount into Equities. Mutual funds is the best route for retail investors to invest in Equities.  For accumulating sizable corpus in the long run, you should invest in GROWTH option of the mutual funds. It is also better to invest via SIP option (systematic investment plan i.e. periodic investment). Based on the historic performance, please see below the list of ... Read More »

How to transfer balance from EPF to NPS – Should you transfer?

Last updated : 14th March, 2017 PFRDA has now notified the procedures (on 6th March 2017) through which EPF members can transfer their PF balance to NPS (New Pension System). In Budget 2016, one of the proposals  was to provide one time portability or transfer option from EPF to NPS. In this post, we will focus on procedures to transfer balance from EPF to NPS, current hurdles and whether it makes sesnse to transfer?  Requirements and Process for transferring EPF to NPS You need to have a NPS Tier 1 Account. You can open NPS account through employer, banks/entities registered as PoPs, ... Read More »

New Unified EPF UAN Portal – access PF passbook, UAN, KYC etc

Last updated : 14th March, 2017 EPFO launched new unified UAN portal for Employees and EPF employers in Dec 2016. In this post, we will see the features and benefits of New Unified EPF UAN Portal. New Unified EPF UAN Portal will provides features as follows: Download and Print your updated EPF Passbook anytime Download and Print your UAN Card Check and Update your KYC Status Change your Mobile Number and E-mail ID You can login to the new unified UAN portal on https://unifiedportal-mem.epfindia.gov.in/memberinterface/  using UAN number and password. Sometimes, you might get error as the website is sometime encounter technical ... Read More »

Best ELSS Tax Saving Mutual funds for Investment in 2017

Last updated : 15th March, 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 ELSS Tax Saving Mutual funds to invest in 2017 – Top Performing

Last updated : 15th March, 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 »

[How to] Invest in Mutual funds in India – online / offline options

Last updated : 15th March, 2017 Mutual funds are one of the best options for Retail investors to invest their money in different asset classes. It gives benefit of professional management of your money, offers liquidity, allow diversification and tax benefits. A.   Quick overview of process to Invest in Mutual funds 1) Submit KYC Form – KYC is must for the first time investors and need to be done ONLY ONCE and valid for all Mutual fund houses. You need to submit KYC form along with the Proof of ID & Address. You can submit it to your nearest ... Read More »

Top Stock Picks for medium to long term investment

Last updated : 15th February, 2017Top Stock Picks for medium to long term investment  by Prabhudas Liladher, Anand Rathi,    Amisha Vora, Prabhudas Lilladher  (Link) State Bank of India Jindal Steel & Power Thyrocare Parag Milk   Siddharth Sedani, Anand Rathi (Link) LT Foods  (Target Rs 79) Escorts (Target – Rs 450)   Mahantesh Sabarad, SBI Cap Securities (Link) Consumer durable names or consumer financing companies and consumer discretionary companies Two wheeler space Read More »

Copy Protected by Chetan's WP-Copyprotect.