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Diwali Picks for Samvat 2078 – Brokerage Recommendations

Diwali Picks for Samvat 2078 – Brokerage Recommendations

Featured, Stocks
Diwali Picks for Samvat 2078 - Brokerage Recommendations HDFC Sec - Diwali 2021 recommendations According to HDFC Securities, most stocks are discounting a bright future over the next two years. Hence, the broking house has to shortlist stocks where it think the street is yet to give full value to the future potential. Having said that, equity as an asset class will continue to do well in a market like India. Sectorally, PSU stocks still have steam left even after the Air India sell-off and some progress on BPCL and SCI divestment. Banks (both PSU and private) could come back in the reckoning. Auto and capital goods can also do well after subdued performance over the past few quarters, it said. Bharti Airtel - Strong market position in the domestic mobile and non-mobile segment, diversifi...
Investment in Electric Vehicle themed Mutual Funds

Investment in Electric Vehicle themed Mutual Funds

Featured, Mutual Funds, News, Stocks
Electric vehicles is one of the major trends in the auto sector across the Globe.  India wants to achieve 100% electrification by 2030. EV market in India will be $200 billion. EV market will grow at CAGR of 36% till 2026. Few months back, I wrote an article around various stocks in Indian Market that will get benefit from electric vehicles growth. Read Article. Now, there are mutual funds being launched to focus on Electric Vehicles theme. Navi Electric Vehicles and Driving Technology Fund of Fund: This EV fund aim o track the performance of the STOXX Global Electric Vehicles & Driving Technology NET Index. This index comprises companies that are involved in the production of electric vehicles and assisted driving technologies. The index was launched in 2012. Currently, the STOX...
[Oct 2021] Rakesh Jhunjhunwala Latest Portfolio Holdings

[Oct 2021] Rakesh Jhunjhunwala Latest Portfolio Holdings

Featured, Stocks
ilntRakesh 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. About Rakesh JhunJhunwala 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 profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months ago.   He made his first million in an iron ore mining company Sesa Goa whose shares ...
[Oct 2021] Best Equity Mutual Funds to Invest in 2021- Top Performing Mutual Funds

[Oct 2021] Best Equity Mutual Funds to Invest in 2021- Top Performing Mutual Funds

Featured, Mutual Funds
Equity Mutual funds are one of the best investment option for long term. Over a long term, equity investments have given better returns than fixed deposit, gold etc. So as part of investment strategy, one should definitely consider some exposure to equity 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.  Options to select When you have decided to invest through mutual funds, you should consider selecting following options: Direct option - If you are investing directly, you should select DIRECT option. You save distribution commission as the mutual fund company is not paying any commission on such mutual funds and those benefits are passed on...
IPO Tracker 2021 – Upcoming IPOs and Recently Listed IPOs

IPO Tracker 2021 – Upcoming IPOs and Recently Listed IPOs

Featured, Stocks
2021 has been a great year for IPOs. With more than 30 companies are planning to raise money through IPO. In H1 2021, the IPOs have given wonderful returns to the investors. Some IPO stocks have given 100- 300% return in 2021. See below the list of recently listed IPOs. Also see below the list of upcoming IPOs that you can consider to invest. We also add the details of these IPO and review their strengths / weakness to help you. Upcoming IPOs in 2021 -  (To read details and review, click on Stock Name Link) Stock IPO Dates IPO Size ( in Rs crores) Status CarTrade Tech Aug 9-11  2999 Closed Nuvoco Vistas Aug 9-11  5000 Closed Chemplast Sanmar Aug 10-12 3850 Closed Aptus Value Housing Aug 10-12 2780 Closed Utkarsh Small Finance Yet to Open 1350 Yet to Open Fincare Small Finan...
Top Foreign Investors (FII) in Indian Stock Market and their Holdings

Top Foreign Investors (FII) in Indian Stock Market and their Holdings

Featured, Stocks
Do you want to know which FIIs are largest investors in India? and which stocks they are holding? While this should not be the only criteria to find good stocks, but it could definitely be one parameter. See below the FII who have invested more than $1billion in Indian Stock Market. (Last updated 26th July 2021) FII Portfolio Value No of Stocks (in Rs Crores) Government Of Singapore 97,593 39 Europacific Growth Fund 50,113 8 Government Pension Fund Global 49,263 72 Vanguard Fund 33,955 28 Oppenheimer Developing Markets Fund 31,540 5 Nalanda India Fund Limited 26.792 28 Smallcap World Fund Inc 20,308 28 Elara India Opportunities Fund Limited 16,776 24 Amansa Holdings Private Limited 14,678 21 Master Capital Services Ltd 12,964 23 Apms Investment Fund Ltd 11,649...
Cost Inflation Index Chart Table for FY 2021-22 (AY 2022-23) + Old Table 2001 – Calculator For Income Tax Capital Gain Purpose

Cost Inflation Index Chart Table for FY 2021-22 (AY 2022-23) + Old Table 2001 – Calculator For Income Tax Capital Gain Purpose

Featured, Taxation
How to Calculate capital Gains using CII Cost Inflation Index is used for calculating Long term Capital Gain. Every year, Income Tax department notifies Cost Inflation Index.  CII is very useful to calculate Long Term Capital Gain Tax. Capital Gain = Sales Consideration - Indexed Cost of Acquisition Indexed Cost of Acquisition = Actual Purchase Price *  (Index in year of Sale / Index in Year of Purchase) If the property is purchased before 2001, then you need to get the Fair market value of the property in 2001 and the use that for Indexed cost. In such cases,  Indexed Cost  = Fair Market value in 2001 *  (Index in year of Sale / Base Index i.e. 100) In the post (further below), I have explained how can you get the fair market value of the property in 2001 (in case the property is acq...
Best Stocks to buy and build your portfolio for long term amid COVID-19 fall

Best Stocks to buy and build your portfolio for long term amid COVID-19 fall

Featured, Stocks
Most Nifty companies are hitting 52-week low amid COVID-19 fall - Are you scared to buy or are you tempted to buy? Most companies in Nifty has hot their multi year low . FIIs have pulled out approx INR 60000 crores from Indian market in March 2020, but DII has been buying. Note that these are uncertain times and markets can even go lower from here. So, you should think about buying only from long term perspective. Here are some of the good stocks that you can consider adding to your portfolio gradually. - Reliance Industries - HDFC Bank - HDFC - Bajaj Finance - Asian Paints - Colgate - Britannia - Dabur - L&T - Axis Bank - Titan - Cipla - Infosys - TCS Stocks for Long term Investments You can also consider the following stocks for long term investments: Dr Lal Pathlabs ICICI Secu...
[How to] check PF balance online in India (5 ways – UAN, SMS, Missed Call, App)

[How to] check PF balance online in India (5 ways – UAN, SMS, Missed Call, App)

Featured, How to Series, PF
EPFO (Employees Provident Fund Organisation) provides option to check you PF balance online. Once you enter your details, you will get your balance via SMS on your mobile number. Whether you want to check your PF balance for Delhi,  Gurgaon,  Noida, Hyderabad, Bangalore, Chennai, Gujarat, Mumbai, Andhra pradesh, Pune, Karnataka, Kolkata etc,  you can use the steps below to get your balance via SMS. Please note that some big organizations have their own PF trust and they do not keep money with EPFO. In such cases, you cannot check the balance online by using EPFO portal.  You need to contact your HR to know your PF balance. How much money goes in your PF Account? Employee Contribution – 12% of your Basic Employer Contribution – 12% of your Basic ( Out of this 8.33%...

PAN-Aadhaar linking deadline extended to 31 March, 2020

Featured, News
Last date for linking PAN and Aadhaar has been extended Relief for people who have not yet linked their PAN with Aadhaar. The due date for linking PAN with Aadhaar has now been extended to 31st March 2020. This is the 9th time when CBDT has extended the deadline for individuals to link their PAN and Aadhaar. See below the twitter update from Income Tax India:   How to Link your PAN with AAdhaar? If you are registered on Income Tax efiling website Login to eFiling Website --> Go to "Profile Setting" --> Link Aadhaar https://www.incometaxindiaefiling.gov.in/home 2. If you are not registered on Income Tax efiling website: Fine the "Link Aadhar" link on the home page of Income Tax efiling website (left side column) If your name on PAN and Aadhar doesnot match but da...