Portfolio Management Services (PMS)
What is Portfolio Management Services (PMS)? It is a customized investment product based on investor’s needs and objectives. In PMS, a group of experienced professionals do extensive research and analyze the securities for the client. Client just need to give money to the portfolio manager, who in turn invest on behalf of client. Portfolio manager...
Rossari Biotech IPO – Date, Price Bank, Issue Size, Details
Rossari Biotech Ltd is coming up with the IPO opening on July 13, 2020 and closing on July 15, 2020. The Price Band for Rossari Biotech IPO is fixed at Rs.423 -425 per equity share with a face value of Rs.2 per equity share. The minimum lot size is 35 shares. Rossari Biotech Limited is...
SIP – A Powerful Tool
What is SIP? A Systematic Investment Plan or SIP is a planned mode for investing money in mutual funds. SIP allows you to invest a pre-determined amount at a regular interval (weekly, monthly, quarterly, etc.). SIP inculcates saving habit and building wealth for the future. SIPs have proved to be an ideal mode of investment...
Sovereign Gold Bond (SGB) 2020-2021-Series IV Issue Price, Dates, Details
RBI has recently announced the Sovereign Gold bonds scheme and it is one of the safest ways to hold your Gold. Sovereign Gold Bonds is a better way to make an investment on Gold in the online mode. By investing in sovereign bonds, you need not to store your gold on a physical locker. These...
Government of India Floating rate Savings Bond, 2020 (Taxable)
Government of India has recently announced about the Taxable floating rate savings bond, 2020 with current interest rate of 7.15% reset every six months (0.35% above prevailing NSC rate). From 1st of July 2020 this will come in to the effect. This will enable the resident of India and the HUF to get the benefits...
Is it easy to stop the Red Dragon surge?
How does the existing India-China trade numbers look like? China is the second largest economy in the world, at $14 trillion, and India is the fifth largest, at $3 trillion – run deep. Numbers depict that there is no second thought about absolute reliance of India on China. In fiscal year 2019-20, Import from China...
Investing in Gold – Look before you Leap
From the beginning of April to the middle of May this year, Nippon India ETF (largest Gold ETF in India) has added 35,000 new investors – that is 17% increase in customers in just six weeks. What’s the fuss all about? Let us look at the return of Nippon India ETF Gold beES (largest gold...
Avoid the trap of ‘Recency Bias’
What is Recency bias? Recency Bias is the tendency of investors to take decisions based on recent events instead of long-term behavior of markets. Investors tend to extrapolate the situation and draw conclusions and they end up taking decisions merely on these conclusions. Why does this happen? Recency bias is basically an outcome...
Stimulus Package 4th Tranche: Focus on Structural Reforms – Key Highlights
What were the focus areas that were announced today by the FM? Finance Minister Nirmala Sitharaman announced the 4th tranche of building the “Atmanirbhar Bharat” – the focus today was on Structural Reforms – specially affecting sectors like Coal, Minerals, Defence production, Civil Aviation, Power Distribution, Social Infrastructure, Space Exploration and Atomic Energy. What were...