View all IPOs SBI Cards and Payment Services was promoted by State Bank of India on May 15, 1998, to issue credit cards and deal in payment products. Apart from an issue of fresh shares in the IPO, SBI will be selling a part of its promoter holdings. The Carlyle Group, which had taken up a stake in SBI Cards in December 2017, will also be offering a part of its stake in the issue.
How do I apply to the SBI Cards IPO?
You can apply to the SBI Cards IPO on Console using any supported UPI app. Once you have entered your bid on Console, you will receive a mandate collect request on your UPI app. On acceptance of the mandate, the bid amount will get blocked in your bank account. Read more.
Will I get a discount if I hold shares of SBI?
The Draft Red Herring Prospectus (DRHP) indicates that shareholders of State Bank of India may be eligible for a discount. You will need to hold at least one share of SBI as on Feb 18, 2020, in your demat account. When you apply in the shareholder’s category, you might also have a higher chance of getting an allotment. Click here to check how to apply in the shareholder category in Zerodha.
Note – You will be eligible to apply in the shareholders’ category only if you hold shares of State Bank of India (SBIN) as on the record date. A shareholder of different SBI group company, like SBI Life, will not be eligible.
Indicative IPO timetable
Basis of allotment
11-3-2020
Refunds/Unblocking of ASBA
12-3-2020
Credit of share
13-3-2020
Listing
16-3-2020
Mandate end date
19-3-2020
Further any help please feel free to call @ 9892423442 or whatsapp on same number.
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Large Cap in portfolio is very important. I have given some of fund house Large Cap with Beta, Standard Deviation and Sharpe Ratio.
If you can the below table you will find that Axis Blue chip is very good. as Sharpe ratio of Axis is very good.
Usually, any Sharpe ratio greater than 1.0 is considered acceptable to good by investors. A ratio higher than 2.0 is rated as very good. A ratio of 3.0 or higher is considered excellent.
Large Cap Mutual Funds
When you are investing for create wealth then you have to first create your portfolio and that portfolio should be according to your requirements.
My personal recommendation is maximum investment in Large Cap. I have given one idea about how to create and how much should be in where ?
One best Idea to Create Aggressive Portfolio of SiP not less than 7-10 Yrs.
Large Cap – 60% Mid Cap- 25% Small Cap- 15%
Because money safety and your happiness is more important for your future.
Conservative Portfolio
Debt – 80%
Equity- 20%
Debt- Bond 30%
Debt- Short Duration 30%
Debt- UST 20%
Equity- Large Cap 20%
Moderate Portfolio
Debt – 70%
Equity- 30%
Debt- Bond 25%
Debt- Short Duration 30%
Debt- UST 15%
Equity- Large Cap 25%
Equity- Mid Cap 5%
Balanced Portfolio
Debt – 50%
Equity- 50%
Debt- Bond 20%
Debt- Short Duration 25%
Debt- UST 5%
Equity- Large Cap 30%
Equity- Mid Cap 15%
Equity- Small Cap 5%
Dynamic Portfolio
Debt – 25%
Equity- 75%
Debt- Bond 10% Debt- Short Duration 12.5% Debt- UST 2.5% Equity- Large Cap 50% Equity- Mid Cap 15% Equity- Small Cap 10%
for more about creating portfolio, you may right to [email protected], visit to my youtube channel AGInvestment, Join telegram https://t.me/mfpathshala, whatsapp @ 9891423442
In last 5 years, I have seen attraction and choice of all young generation in Mutual Funds. Create wealth SIP – Systematic Investment Planning is very popular now a days. I also appreciated this decision but Are you really wants to create wealth from Mutual Funds ? then Systematic investment plans (SIPs) have emerged as a popular vehicle for investing savings in equities. Among the diversified, actively-managed equity mutual fund schemes, the ones that delivered the best returns were focused on growth and quality.
Behaviors of Investor’s
It’s true Equity investment is one of best investment and start investing from SIP is one of best vehicle. But according to all research we found that all SIP’s get terminated and cancelled in maximum 5 years. This is very dangerous situation for young generation. SIP /Equity can only give returns in long term and if you are looking for short term then please don’t use Equity Funds. Also if you want to exit in short term from Equity Funds-SIP then my personal recommendation is NOT START SIP‘s. To know SIP VALUE please visit SIP Calculator then only can you find the different between SIP tenure benefits.
Recommended Fund for Start up You can choose any one from below and start instant after clicking on fund name. but please make sure your SIP investment horizon not less than 10 years to get better retuns.
Ultra Short Duration debt funds invest in bonds maturing in 3 to 6 months’ time. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible.
Franklin or Any AMC who is investing in Bond fund, they are very much aware about Paper of Company. After all calculations of Risk etc they added particular company bond in his portfolio for get better returns.
What happened with this fund –
In all these AMC Franklin, UTI, Nippon, Aditya Birla etc has taken bond Paper of Vodafone Idea Limited (VIL) according to his decision and calculation of Risk.
Frankln exposures was 4.4% in Ultra Short Term Bond fund. Now Supreme Court has reject the case of VIL. so Franklin has immediate marked down to Zero the Debt Security of VIL. Due to this NAV on 16th Jan 2020 has down.
According to me its very good decision from Franklin for Retail Investors. Scenario, if Franklin not take this action, then all Institutional investor book profit in his portfolio on higher NAV and Retails investors get penalized. Now this is win-win situation for all.
What to do now ?
HOLD 3 months
Franklin has now marked Zero that Does not means they have sold Paper. Bond Paper of Franklin maturity is in July 2020 and Sep 2021. Also VIL has not given any statement that they are not going to pay back of money of Bond Paper, means still value of paper is continue till maturity. Now 23rd January is last date given by Supreme Court to pay amount of Licence fee, Spectrum charges, if by any chance VIL declare Bankrupt then the current NAV is continue, Else there is no any tension. In all Cases, I can say that Gov will not going to loose VIL etc but pressure to be on head of VIL to pay such amounts. This is not happening with Franklin or other AMC is first time, you must heard ABSL Dynamic Bond Fund, ABSL Credit Risk fund. Nippon India Equity Saving Fund etc recently has created Segregated folio. Franklin has marked Zero but ABSL, Nippon has created segregated folio both are same case. Suppose any one hold investment in above fund and due to any reason, holder quite before maturity of paper and after maturity of paper company get his amount back with maturity value. In that case company refund the complete value to investor Bank Account. Therefor I will recommend to not exit from this Fund and continue till 3 months more, Franklin has taken this step and cease daily investment upto Rs.200000 only to win-win situation for our retails investor.
To gain maximum Franklin taken pain maximum, As in his folio there are lot of paper is AA- rating. Pls visit www.agindiaonline.com to get all details of paper or you may reach us at my telegram – https://t.me/mfpathshala, reached on whatsapp at 9891423442
