20% salary of mutual fund managers to come by way of scheme units: SEBI A minimum of 20% of a fund manager’s salary shall be paid in the form of units of mutual fund schemes that they manage. Aside from fund managers, all other “key employees” of the fund house will also be covered, such as the chief executive officer, chief investment officer, and other employees that the fund house...
PMS Products & their strategies in the Indian Market Portfolio Management Services (PMS), is investment management services offered by the Portfolio Manager. The investment portfolio can be diversified into stocks, fixed income, and other structured products. These services can potentially be structured and tailored to meet specific investment objectives based on the risks, rewards,...
Cryptocurrency V/S Traditional Assets (Stocks, Mutual Funds and other Debt products) What is Cryptocurrency? How does it work? And why are they so popular? A cryptocurrency is a form of payment that can be exchanged online for goods and services. Cryptocurrencies work using a technology called a blockchain. Blockchain is a decentralized technology spread across many computers that...
Cement Sector and opportunities in India Sector overview India is the 2nd largest cement producer in the world after China.The production of cement was 502 Million tonnes in 2018 and expected to grow 550 tonnes by 2020. The demand of the cement industry is expected to reach 550-600 MT per annum (MTPA) by 2025 because of the expanding demand of different sectors, i.e., housing,...
Steel Industry & Its Impact on Indian Economy Overview of the sector: India was the world’s second-largest steel producer in 2019. India surpassed Japan to become the world’s second-largest steel producer in 2019 with crude steel production of 111.2 million tonnes (MT). The country is ending FY21 with a total steel consumption of around 95-97 million tonnes of steel which is...
You cannot predict what is there waiting for you in the future. There are always lots of uncertainties coming up for you in the future and you are always unaware of it. These uncertainties cause a drastic financial crisis to your family and close ones. Getting health protection as early as possible is becoming extremely important. But do you know the various types of health insurance coverage...
S&P 500 Index down 1% on 22nd April. The Dow Jones Industrial Average and NASDAQ Composite both moved backwards – Joe Biden is seeking to raise taxes on millionaire investors to fund education and another spending on welfare to recover the U.S. economy. Biden is proposing to increase the capital gains tax to 39.6% for those Americans earning more than $1 million. The...
Auto Industry & Its Impact On Indian Economy – India became the fourth largest auto market in 2019 displacing Germany with about 3.99 million units sold in passenger & commercial vehicles categories. India is expected to displace Japan as the third-largest auto market by 2021. Our country is also a prominent auto exporter and has strong export growth expectations for the near...
Foreign Trade Policy: The government on Wednesday extended the existing foreign trade policy (FTP) for six more months amid the coronavirus outbreak. The current policy will now be valid up to September 30, 2021. The foreign trade policy is essentially a set of guidelines for the import and export of goods and services. Covid-19 was catastrophic for international trade. Exports...
Market Analysis on Banking Sector HDFC Bank India’s largest private sector lender HDFC Bank today reported an 18.2 percent year-on-year rise in net profit to Rs 8,186.51 crore for the quarter ended March. The lender reported a net interest income of Rs 17,120.2 crore, up 12.6 percent from a year-ago quarter. Analysts had expected the bank to report a 23 percent year-on-year rise in...