by Ashok Kuumar | Aug 10, 2020 | Insurance, Life Insurance
LIC SPECIAL REVIVAL COMPAIN FROM 10th Aug to 9th October 2020
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Under this Special Revival Campaign, policies of specific eligible plans can be revived within five years
- The policyholders will get 20 per cent late fee concession for revival while 25 per cent concession between ₹1 lakh and ₹3 lakh
To encourage continuation of risk cover in this difficult period, insurance behemoth LIC on Sunday said it will provide an opportunity for its policyholders to revive their lapsed policies.
It has decided to launch a special revival campaign from August 10 till October 9 for its customers to revive their individual lapsed LIC policies. “In view of the prevailing circumstances, no concessions are being offered in medical requirements and the same are limited to late fee only; under plans other than term assurance and other high risk plans,” LIC said in a statement.
Under this Special Revival Campaign, it said, policies of specific eligible plans can be revived within five years from date of the first unpaid premium subject to certain terms and conditions. The policyholders will get 20 per cent late fee concession for revival while 25 per cent concession between ₹1 lakh and ₹3 lakh, it said.
Policies which are in lapsed condition during the premium paying term and not completed policy term as on the date of revival are eligible to be revived in this campaign, it said. The campaign will benefit those policy holders who were not able to pay premiums due to unavoidable circumstances and their policy lapsed.
It always makes better sense to revive an old policy to restore insurance cover and LIC values its policyholders and their desire to continue their life insurance cover
Special Revival Campaign 2020 Letter for ref.
CALL OR WHATSAPP @ 9891423442 for Any Support related to your policy. or visit us at www.ag4u.in or www.agindiaonline.com
Also Read:
1 -LIC जीवन शांति पॉलिसी में एकमुश्त निवेश कर पा सकते हैं हर महीने 4 लाख रुपये पेंशन, जीवनभर मिलता रहेगा फायदा
2 -LIC Jeevan Labh पॉलिसी में रोजाना 280 रुपये का निवेश कर, पाएं 20 लाख, जानें क्या है ये पूरा प्लान
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by Ashok Kuumar | Aug 6, 2020 | LOAN
Despite short-term volatility, historically equity markets have created wealth over the long-term, as seen in the graph below.
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A fall in your investment value is only notional, redeeming makes it real
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Continue your SIPs to buy more units when markets are down
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Potential opportunity to benefit if markets rise suddenly
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Long tern focus helps create wealth over time
-
Correction creates an opportunity to invest mpre
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If your long-term goals haven’t changed, keep on investing
3 things to remember when investing
As one boards the investment journey, it becomes imperative for the investors to follow
some basic principles for a smooth investment experience. These principles are as
below:
1-Have a Clear Plan
Investments must follow a clear plan to achieve the financial
goals in a time bound manner.
Linking the investments with specific financial goals provide an
implicit motivation to invest consistently to achieve such goal.
Mutual fund schemes must stay aligned with risk profile and
investment horizon.
2-Adopt a long term view
Adopting a long term view helps you to ignore short
term volatile movements.
Muting the market noise and chaos gets easy if one
has a long term investment horizon.
This also gives a comfort if one knows that he/ she has
some time to take suitable actions if required.
3-Avoid timing the markets
Instead of ‘timing the markets’, one should aim for ‘time in the
markets’.
Aiming to time the markets generally leads to procrastination,
i.e. delays in investing while waiting for the right time to
invest.
Systematic Investment Plans (SIPs) can help the investors to
make investments at regular intervals amidst market ups and
downs.
Also Read:
1 -LIC जीवन शांति पॉलिसी में एकमुश्त निवेश कर पा सकते हैं हर महीने 4 लाख रुपये पेंशन, जीवनभर मिलता रहेगा फायदा
2 -LIC Jeevan Labh पॉलिसी में रोजाना 280 रुपये का निवेश कर, पाएं 20 लाख, जानें क्या है ये पूरा प्लान
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by Ashok Kuumar | Aug 2, 2020 | Shares
Open Share Trading Account- ZERODHA in 5 minutes
Incorporated in 2008, Suratwwala Business Group Ltd is a real estate development company developing commercial and residential projects in Pune District. The company focusses on the development, sale, and maintenance business of properties. Suratwwala also provides the space on rent for banners, hoardings, and towers on buildings and unsold space for a particular time duration.
The company has completed one residential projet of 16 one BHK Apartments and one commercial project named Suratwwala Mark Plazzo – Phase I in Pune district. The company is working on Phase II of the commercial project.
A major portion of the revenue of the company is derived from the development of real estate projects. The project of the company includes both affordable housing and premium housing developments. For maintenance business, Suratwwala Business charges fees from the owners of the units of each project.
Competitive Strengths
1. Diversified Business Model
2. Strong presence in Pune district
3. Land identification capabilities and strong execution
Company Promoters:
Mr.Jatin Dhansukhlal Suratwala and Mr. Manoj Dhansukhlal Suratwala are the promoters of the company.
Company Financials:
Summary of financial Information (Restated)
| Particulars |
For the year/period ended (₹ in Lakhs) |
|
31-March-20 |
31-Mar-19 |
31-Mar-18 |
31-Mar-17 |
| Total Assets |
5,390.82 |
4,487.52 |
3,129.14 |
2,752.49 |
| Total Revenue |
1,088.35 |
912.62 |
1,119.91 |
1,657.82 |
| Profit After Tax |
32.46 |
85.86 |
296.49 |
214.38 |
Objects of the Issue:
The company intends to utilise the proceeds of the Issue to meet the following objects:
1. To meet Working Capital requirements
2. General Corporate Purpose
3. To meet issue expenses
Suratwwala Business IPO Details
| IPO Date |
Aug 3, 2020 – Aug 5, 2020 |
| Issue Type |
Fixed Price Issue IPO |
| Issue Size |
4,600,000 Eq Shares of ₹10
(aggregating up to ₹6.90 Cr) |
| Face Value |
₹10 per equity share |
| IPO Price |
₹15 per equity share |
| Market Lot |
8000 Shares |
| Min Order Quantity |
8000 Shares |
| Listing At |
BSE SME |
| P/E (x) |
83 |
| Market Cap (₹ Cr.) |
26.01 |
Suratwwala Business IPO Tentative Date / Timetable
| Bid/Offer Opens On |
Aug 3, 2020 |
| Bid/Offer Closes On |
Aug 5, 2020 |
| Finalisation of Basis of Allotment |
Aug 10, 2020 |
| Initiation of Refunds |
Aug 11, 2020 |
| Credit of Shares to Demat Acct |
Aug 12, 2020 |
| IPO Shares Listing Date |
Aug 13, 2020 |
Suratwwala Business IPO Lot Size and Price (Retail)
| Application |
Lots |
Shares |
Amount (Cut-off) |
| Minimum |
1 |
8000 |
₹120,000 |
| Maximum |
1 |
8000 |
₹120,000 |
Suratwwala Business IPO Promoter Holding
| Pre Issue Share Holding |
99.92% |
| Post Issue Share Holding |
73.42% |
by Ashok Kuumar | Aug 2, 2020 | Insurance, Investments
Why LIC is better ?
Trying to Answer you my view..
Nifty 500 index represents the top 500 companies based on full market capitalization and covers 87% of the total market capitalization of companies listed on NSE.
I considered data for the index between 2nd January 1995 and 30th June 2020, this consists of 6652 trading days. Between these days the index has surged by 771.8% and returned 6.04% on an average every year (CAGR).
On 18th May 2009, just as the global financial crisis was ending, the index closed up 459 points, gaining 16.2% in a single day! This has been the largest single day gain for the index.
On 23rd March 2020, on the first day of Covid related lock-down, the index closed down by 917 points, losing 12.81%. This is the biggest single day loss for the index.
Let’s test this theory for a limited number of days – say 100 days.
Nifty 500 has traded for 6651 days between Jan 1995 and 30th June 2020 and returned a compounded annual growth rate (CAGR) of 6.04%.
If we were to somehow not be invested in the market during the worst 100 days of returns, the returns of the index since 1995 would be 22.46% compounded annually.
On the other hand if we were to not be invested during the best 100 days of returns, an investor will end up with just ₹8.4 for every ₹100 invested in Nifty 500 in 1995.
If we were to be able to avoid both the best and the worst 100 days the returns would improve from CAGR 6.04% to CAGR 8%.
|
Invested on all 6,651 trading days |
Not invested on the best 100 days |
Not invested on the worst 100 days |
Not invested in the best or worst 100 days |
| Nifty500 (CAGR) |
6.04% |
-6.49% |
22.46% |
8.00% |
| Difference (from being invested on all days) |
– |
-12.52% |
16.43% |
1.96% |
LIC – LIFE INSURANCE CORPORATION OF INDIA
How ever if you investing in LIC, You will same Rate of interest along with other benefits. Might be you are not agree with this concept but this is reality of Investor investment and his/her returns.
In LIC you will get lot of other benefits
like-
Offers Risk Cover,
Death Benefits
Tax Benefits
Loan Facility
Assured Returns/Income Benefits
Life Stage Planning
Safe Investment
along with TAX FREE Returns under IT Act- 8010(10)D
CAll or Whatsapp@ 9891423442 for more
Thanks
