The Corona crisis, china’s border tensions and stock market and several domestic & global reasons impacted share market. But even in such times, there are many companies whose shares have performed strongly
Cement Sector :
The cement sector is also expected to perform well. Big companies like ACC, Ultratec, Grasim should perform well. This is because when the government spends more, its thrust is on infrastructure. It is directly related to cement.
Two-Wheeler Sector :
Domestic and international sales of companies like Hero Motocorp, TVs and Bajaj Auto will increase. The stocks of these companies will perform well in the coming days.
FMCG Pharma sector :
FMCG are expected to have a strong performance of shares of Hindustan Lever, Marian, Dabur and ITC.
IT and Technology Sector :
TCS, Infosys, HCL and Mindtree are also expected to perform well in the coming days as the demand for technology products in the world is increasing.
Do you really want to create 01 Crore without any investment ?
If yes, Please ready below details.
In your life style, everyday you are expending maximum of avoidable uses, if you will save little of amount from that avoidable expense then you will 100% makes this money.
Example :
1- Case -Smoker
Normally, on my personal survey, If you have habit of smoking then you will use 01 packet of cigarette.
Suppose 01 Packet of Cigarette cost is Rs.150/–
Monthly Cost = Rs.150 x 30 = Rs.4500/-
Yearly Cost = Rs.4500 x 12= Rs.54000/-
INVEST IN SIP
Hence, This is proved that you can save Rs.54000 yearly. if you will invest same amount in SIP- Systematic Investment Plan and CAGR returns with SIP Calculator get only 15% (which is possible) then your amount would become Rs. 1,47,78,332/-
View Future value with SIP CALCULATOR and start to create your Wealth above 01 Crores free without any investment.
Invest Direct from ICICI Site New Investor – Click HERE
Invest Direct if you are Existing investor – CLICK HERE
As we aware that RBI cut repo rate by 200 basis points – from six per cent to four per cent over the last one year.
“The cut in policy rates and abundant liquidity in the financial system has led to a crash in short-term interest rates and hence the mutual fund schemes investing at the short end of the yield curve are reaping low returns,”
Hence, Question is – Should you switch to ultra short-duration funds for parking your emergency corpus?
As you know that Ultra short duration fund portfolios typically have 3-6 months duration, Low duration schemes the period is 6-12 months. And liquid and overnight funds invest in securities maturing in 91 days and one day, respectively, interest rate risk is limited.
If you are ready to take risk and have specific time period to invest then our recommendations is go with Ultra Short Term Funds or Low Duration funds according to your risk profiling.
Also recommends investing in schemes backed by leading fund houses with a good track record and good quality portfolios. Additionally, we suggest you stick to larger schemes, as such funds are likely to be well-diversified and less concentrated.
You may visit our website www.agindiaonline.com for get best funds choice.
While the pandemic and its consequent impact on the economy, industry, and companies continue to unfold, there is merit in looking at historical data to analyse the performance of portfolios characterised by key fundamental attributes.
MARGIN (EBITDA, EBIT, PAT, Delta EBITDA, Delta EBIT, and Delta PAT);
CASH FLOW (FCF growth and CFO & FCF yield);
FINANCIAL LEVERAGE (net debt/equity) to draw insights on how the fundamental based portfolios performed over the last 21 years (FY00 to FY20) and also how they coped with economic cycles.
The Final list of stocks is among the top 5 ranks in each market cap category that have been rated “Buy” or “Accumulate”.
Large caps: Lupin, Siemens, Info Edge, Indigo, Cipla
Mid Caps: PI Industries, IPCA Lab, Bata India, Torrent Power, Narayana Hrudayalaya
The Govt of India RBI BONDS 7.75% Govt Savings Bonds, which ceased for subscription on May 28, 2020.
Now The Central Govt has decided to replace 7.75% Bonds with new RBI Floating Rate Savings Bonds 2020 (Taxable) scheme. These bonds will be issued by the RBI and open for subscription from 1st July 2020. The floating-rate bonds have variable interest rates that adjust periodically.
For the last couple of years or so, the Savings Bonds (Taxable) have been one of the preferred investment options by many retirees, senior citizens and for those who are looking for fixed / regular income.
RBI Floating Rate Savings Bonds 2020
Below are the salient features of RBI’s new Savings Bonds;
Maturity Period
7 years (lock-in period)
Rate of Interest
7.15% from 1-July-2020. Will be re-set every 6 months.
Benchmark for Reset
Prevailing NSC Rate + 0.35%
Risk Attached
Low Risk
Minimum Investment
Rs 1,000
Maximum Investment
No Limit
Tax Treatment
Interest amount is taxable
Tax Benefit Available?
No
New RBI Floating Rate Savings Bonds 2020 Scheme Features
Who issues these Bonds?
These Bonds are being issued by the RBI on behalf of the Govt of India.
Who can buy RBI Savings Bonds?
An individual, not being a Non-Resident Indian –
(a) in his or her individual capacity, (or)
(b) in individual capacity on joint basis, (or)
(c) in individual capacity on anyone or survivor basis, (or)
(d) on behalf of a minor as father/mother/legal guardian
a Hindu Undivided Family.
Can NRIs invest in these RBI Bonds? – No
Where / How to buy Govt of India Savings Bonds?
One can buy these bonds from State Bank of India, other nationalized banks and some private sector banks such as HDFC Bank and ICICI Bank.
There are no tax benefits available on the invested amount.
Tax deducted at source (TDS) will be applicable if interest from this instrument earned is more than Rs 10,000 in a financial year.
Is pre-mature withdrawal possible?
Premature redemption shall be allowed for specified categories of senior citizens.
The Bonds will be issued in Demat form only (Bond Ledger Account).
The Bonds are not be transferable. Also, these are not tradeable in the secondary market.
These bonds are not eligible as collateral for loans from banks, financial Institutions and Non Banking Financial Companies, (NBFC) etc.
Should you invest in RBI Floating Rate Savings Bonds 2020?
If you are a senior citizen and looking for a periodic / secured income option (do note that interest income will not remain fixed), this is a decent choice. But, do note that Senior Citizen Savings Scheme currently offers better interest rate and you can also have a look at another option i.e, new Pradhan Mantri Vaya Vandana Yojana (PMVVY).
If you are not a senior citizen but looking for a ‘secured income’ option with a time-frame of around 7 years, you can consider saving some portion of your investible surplus in this Bond Scheme. Currently the bank FDs and time deposits offer interest rates of around 6% for a tenure of 5+ years.
Kindly note that interest income on Savings Bonds is taxable (so post-tax yield can be low) and lack of liquidity can be a major draw-back.
My personal Experience regarding Holding of Gold Bond. Maximum Senior Citizens Purchase Gold Bond from Bank and keep hard copy in file and we found that lot of time paper misplaced or unable to cash it whenever requirements.
Basically, The customers will be issued Certificate of Holding on the date of issuance of the SGB. Certificate of Holding can be collected from the issuing banks/SHCIL offices/Post Offices/agents or obtained directly from RBI on email, if email address is provided in the application form. Maximum chances Email Id and paper based bond get damage or misplaced.
My Recommendation Always open DEMAT Account (Click Here to Open DEMAT Account) and hold all Shares/ Bonds in DEMAT. As its very easy to sale or purchase.
As per the notification issued by SEBI on 8 June 2018, SEBI is aiming for 100% dematerialization of shares within the target date of 5 December 2018. This means all existing physical shares will be required to be converted into dematerialized form on or before 5 December 2018. Post 5 December 2018, transfer of physical shares will not be permitted, with the exception of the share certificates held under a legal will.
Step-by-step procedure to convert physical shares to Demat:
Holders of share certificates in the physical form can quickly get their shares converted into dematerialised form by following some simple steps as given below:
This is the most essential and the very first step required to convert share certificates into dematerialised form as you will need a Demat account to hold your share/shares.
Find below steps to open a Demat Account
1. Contact a Depository Participant who is registered with SEBI 2. Fill an account opening form Online. 3. Submit your KYC documents along with a filled application form to your DP online 4. Sign an agreement along with a schedule of charges with the DP/bank. This agreement will provide and mention the responsibilities and the rights of both the account user and the DP 5. You will then be provided with a Demat account number, using which you can start trading in the stock markets with your Demat account
Step 2: Process of transferring physical shares into dematerialised form
1. Contact your DP for a DRF Form, which is also known as a Dematerialization Request Form 2. Fill up the DRF form and submit the same to your DP along with your share/SGB certificates (On each share certificate, ‘Surrendered for Dematerialisation’ needs to be mentioned) 3. Within two to three weeks, subject to successful verification of the DRF form submitted, and authentication of your share certificates, you will receive an electronic request, and your physical shares will be converted into dematerialised form and transferred to your Demat account
Step 3: Dispose off physical share/SGB certificates
The physical share certificates can now be destroyed as you will no longer need to safeguard them
You can now easily sell or transfer your shares in Demat form in a matter of seconds, which was not possible with physical share certificates.
Disadvantages of Using Physical Share Certificate for Trading of Shares
Some of the disadvantages of trading or holding shares using physical share certificates are listed below:
Need to be stored safely and securely under lock and key as physical share certificates are exposed to the risk of theft and loss. share certificates can also suffer from wear and tear damages etc.
Transactions using physical share certificate are time-consuming and tedious involving multiple steps which need to be undertaken, whereas transaction of shares in Dematerialised form can be completed in a matter of seconds
Any transaction involving physical share certificate attracts stamp duty payments whereas share transaction using dematerialised shares do not attract any stamp duty payment/liability/expenses
The issuance date of this tranche of gold bonds has been fixed on 8th June to 16th June 20
Sovereign gold bonds are issued by the Reserve Bank of India (RBI) on behalf of the government
The third instalment of the Sovereign Gold Bond (SGB) scheme, issued by the Reserve Bank of India (RBI) on behalf of the government, will open for subscription for five days from Monday, June 8.
The Sovereign Gold Bond Scheme 2020-21 Series III will be opened for subscription for June 8 to June 12. Sovereign Gold Bonds are part of the central government’s market-borrowing programme.
RBI said in a statement on Friday that the issue price for Sovereign Gold Bond has been fixed at Rs 4,677 per gram of gold.
“The nominal value of the bond based on the simple average closing price for gold of 999 purity of the last three business days of the week preceding the subscription period, i.e. June 03 – June 05, 2020, works out to Rs 4,677 per gram of gold,” the RBI said.
The central bank said the government has also decided to offer a discount of Rs 50 per gram on the nominal value to investors applying online, and making the payment against application through digital mode.
For such investors, the issue price of the bond will be Rs 4,627 per gram of gold.
The bonds will be denominated in multiples of gram(s) of gold with a basic unit of 1 gram and the tenor of the Sovereign Gold Bond will be eight years with exit option after the fifth year to be exercised on interest payment dates.
Only resident individuals, Hindu Undivided Families (HUFs), trusts, universities and charitable institutions can buy the bonds.
The minimum permissible investment will be 1 gram of gold and the maximum limit of subscription shall be 4kg for individuals, 4kg for HUFs and 20kg for trusts and similar entities per fiscal (April-March).
The gold bonds will be sold through banks, except small finance banks and payment banks, Stock Holding Corporation of India (SHCIL), designated post offices and recognised stock exchanges (NSE and BSE).
