Daily Market Analysis – 29th Jan 2021
Sundaram AMC to take over Principal Mutual Fund in India: Sundaram Asset Management Company Limited has announced the purchase of the asset management businesses of Principal Asset Management Pvt. Ltd. Sundaram will acquire the schemes managed by Principal Asset Management and acquire 100% of the share capital of Principal AMC. Sundaram Mutual has over Rs 40,000 crores in assets under...
Should you stay invested or pay off your loan?
Sensex being Bullish all the way and touching all-time highs! Seems like a dream come true. But wait, is there more to it or is it plain riding on the waves of the unknown? These are peculiar times and there is no perfect answer to any question as of now due to the dynamic scenario. Then how should you determine whether to stay invested or to pay off your loan? Here are some...
Daily Market Analysis – 28th Jan 2021
SEBI to reduce minimum application size: India’s capital and commodity markets regulator is in talks to cut down the minimum application size for IPOs from Rs 15,000 to Rs. 7,500 in an attempt to provide higher subscriptions to retail investors. SEBI has received several complaints from retail investor associations that retail investors are unable to get IPO subscription in most of the...
Daily Market Analysis – 27th Jan 2021
Soon government nod to vehicle scrapping policy: Union Minister Nitin Gadkari said on Friday, that the much-awaited policy to scrap 15 years old vehicles is likely to get a government nod soon. The policy is for the scrapping of vehicles that are more than 15 years old and includes cars, trucks, and buses. This policy boosted the automobile sector by phasing out old and polluting vehicles....
Daily Market Analysis – 25th Jan 2021
Mutual Funds continue to attract investors in 2020 add 72 lakh folios Higher disposable income and low interest on bank deposits have attracted people towards Mutual Funds. Mutual funds have added 72 lakh folios in the pandemic year 2020. In comparison, the industry had seen the addition of 68 lakh investor accounts in 2019, data with the Association of Mutual Funds in India (Amfi) showed....
Consider things before you apply for a home loan
We all know that buying a home is a complicated process. It is not like going to the mall and getting a dress of your choice. Applying for a home loan is one of the initial steps you have to take while purchasing a house. A home loan is a great form of financial assistance if you are short on cash, or you are not in favor of redeeming your savings and investments. Though it may...
Start Early To Retire Early – Retirement Planning
Early retirement with retirement planning is like that delicious looking wild fruit that everyone wants to taste but few actually have the guts to do so. Gone are the days when families were supported by just one earning member. Even children are engaging in part-time gigs off late. Given such a win-win scenario, families are having greater disposable income which they are skillfully...3 Money Ratios that can help manage your finances
Handling finances is a little tricky! But not if you learn the tricks of the trade – Money Ratios. Money Ratios are like a torch on the foggy road, so they will teach you how to evaluate the financial health. What are Money Ratios? Money Ratios refer to the financial perimeters which can be calculated based on the components of Personal Finances like debt, monthly...
Daily Market Analysis – 22nd Jan 2021
On day one of office, Joe Biden signs 15 executive orders mainly reversing Donald Trump’s Key policies. Such as joining the Paris agreement on climate change, halting America’s withdrawal from the World Health Organisation. His first order was launching a 100-day mask challenge for Americans’ to control COVID-19 in the USA.The most important bill for Indians was the Immigration bill and...
