Our website :

Size: px
Start display at page:

Download "Our website :"

Transcription

1 Private Circulation only February Issue - 69 This is e time of e year when mo of us re-assess our invements, e pre-dominant reason being our employers. Employers? Because is is e time of e year to submit proofs of e invements we made to avail e different tax exemptions. However invariably mo of us art doing e tax planning only during e beginning of February, leading to harried invement decisions. The draic increase in e subscriptions to Tax Saving Funds and ULIPs during e mon of January is e be example of is harried planning. Furer ere is always e option of inveing rough Syematic Invement Plans in bo ELSS and ULIP, which many of us miss out. As in case of oer invement decisions, tax saving is also a yearlong exercise, which needs adequate time and effort. The la minute invement decisions will not only drain your finances but also may not always be e right choices. The ever increasing issues related to ULIPs are a classic example of misplaced choices. Small acts during e entire year will go a long way in avoiding la minute hassles. Two examples of ese are From e President's Desk Mr. BANABIHARI PANDA President & Whole time Director Indbank Merchant Banking Services Ltd Preserving Bills on Educational Expenses Tuition Fees paid for fir two children are eligible for exemption on production of e bills. All of us spend on our children s education and preserving e bills will help us in availing is exemption. Leave Travel Allowance Similar to medical allowance, LTA is exempted from tax on production of travel receipts. We all go on travel atlea once during e year and preserving such receipts will help us during tax planning. Similarly if we have a disabled dependent, en e amount incurred on supporting em can be claimed as exemption. The disability includes low vision, blindness, hearing disability, loco-motor impediment etc. This year e Government of India has introduced Rajiv Gandhi Equity Savings Scheme (RGESS) giving tax exemption of up to Rs for invements in Equities up to Rs SEBI has recently introduced Basic Services Demat Account (BSDA) where, e AMC for DP account if holding ocks wor Rs. 50,000 is NIL. There are talks of making is tax concession a yearly feature. This scheme is an excellent tool for long term inveing, which has always yielded good returns hiorically. As e saying goes If you fail to plan, you plan to fail. Hence always, plan your invements, choose schemes which will fit you and reap its benefits. HAPPY INVESTING!! Banabihari Panda President and Whole Time Director 02/02/2013 Indbank Merchant Banking Services Ltd Our website :

2 Markets for You IMPORTANT HAPPENINGS A. Economic Updates 1. Highlights of e RBI s Third Quarter Monetary Review on Repo Rate (Rate at which RBI lends to banks) reduced by 25 bps to 7.75%. Consequently Reverse Repo is reduced to 6.75% 2. Cash Reserve Ratio (CRR) reduced by 25 bps to 4.00%. 3. GDP grow projection revised downwards to 5.5% from 5.8% earlier. 4. Expectation of inflation numbers reduced to 6.8% by March 2013 from 7.5%. 5. Money supply grow eimate reduced to 13% from 14%, but credit grow eimate maintained at 16%. 2. Life Insurance Corporation gets license from e Singapore Government to art operation in e country. 3. Railways hike passenger fares by upto 20%. The hike is effective from 21 January Government de-regulates diesel prices for Bulk buyers i.e. cement, mining, telecom, transport and power companies. Diesel prices for bulk consumption hiked by Rs.9.25 per liter. It has also approved a hike between paisa per mon for retail consumption. 5. Cap on LPG subsidized cylinders raised to 9 from 6 per household per year effective from April Government hikes import duty on Gold and Platinum to 6% from 4%. 7. To bridge e Current Account Deficit, RBI hikes FII invement limits in Government Securities and corporate bonds by $5billion each, taking e total cap to $ 75 billion. Furer e 3-year lock-in period has also been abolished for e fir time. 8. The Central Government and e States have resolved e contentious issue of Compensation for e States, which has brightened e prospectus for e roll out of Goods and Services Tax (GST). 9. Government decides not to convert unsold non-levy (free sale) sugar for e fir 6 mons of is season to levy sugar (sugar sold rough PDS). This will help in improving e revenues of sugar mills. B. Regulatory Updates 10. Government of India allows Indian Companies to merge wi firms overseas rough e issue of Indian Depository Receipts (IDR). 11. SEBI proposes wide-ranging changes to e Buyback Regulations. Some of e key proposals are: 1. 25% of maximum amount of e proposed buyback should be kept in an Escrow Account. 2. Companies to complete buyback wiin 3 mons compared to e current practice of 1 year. 3. Buyback of 15% or more of share capital to be done only ough tender offer. 4. Companies doing share buyback cannot raise capital for 2 years. 12. SEBI notifies new norms for Associated Persons, making it mandatory for em to get necessary certifications to operate in equity and derivative markets. 13. SEBI notifies Invement Advisors Regulations, Prescribes a minimum networ of Rs. 25 Lakhs for invement advisors at are corporate bodies and Rs. 1 Lakh for individuals. Indices Country Snap Shots Inflation (%) (Dec. (Nov. (Nov. (Oct. (Oct. 2012) 2012) 2012) 2012) 2012) Particulars 25 Jan. 18 Jan. 11 Jan. 04 Jan. 28 Dec Day Cut-off (%) yr G-Sec yield (%) yr spread (bps) USD/INR(Rs) USD 6m LIBOR Y US Treasury USD/Euro Spot Global Indices Index as on 26 Dec Index as on 28 Jan Variation (%) (Inc/ Dec) NASDAQ United States 2, , DJIA United States 13, , S&P 500 United States 1, , Hang Seng Hong Kong 22, , Nikkei 225 Japan 10, , Straits Times Singapore 3, , FTSE 100 United Kingdom 5, , CAC 40 France 3, , DAX Germany 7, , SENSEX India 19, , NIFTY India 5, , Initutional Invements Category Debt / Gross Gross Net Equity Purchases Sales Invement (Rs Crores) (Rs Crores) (Rs Crores) FII Invements Equity (in Jan. up to ) Debt Mutual Fund Equity ( ) (in Jan. up to ) Debt FII Derivative Trades INDEX INDEX STOCK STOCK (in Jan. up to ) FUTURES OPTIONS FUTURES OPTIONS - Buy Sell Banabihari Panda President and Whole-time Director Editorial Team 2 S. Rajalakshmi SSO

3 Despite several initiatives discipline missing in IPO pricing ates SEBI Chairman Mr. U K Sinha. Furer, he also ated at SEBI may introduce e concept of Safety Net. A leading provider of environmental services, RAMKY ENVIRO ENGINEERS LTD. is looking to raise $200 Million to finance a power plant driven by urban refuse. The company may file its papers next mon. Vishwaraj Sugar Induries (VSL) is planning to go public wi an IPO IPO and NFO Review IPO NEWS CORPORATE ACTIONS NEW LISTINGS Company Name Offer Exchange Liing Li Late Traded Price % Change to Price (Rs.) Date Price (Rs.) Li Price (Rs.) Virtual Global Education Ltd BSE Eco Friendly Food Processing Park Ltd BSE (5.10) Jay Mahesh Infraventures Ltd BSE FORTHCOMING ISSUES Company Name Face Issue Issue Premium Issue Type Liing on Value (Rs.) Open Date Closing Date (Rs.) V Mart Retail Ltd Public Cum Offer for Sale BSE, NSE FORTHCOMING CORPORATE ACTIONS NEW FUND OFFERS 3 to raise up to Rs. 374 Cr. The Karnataka based company is looking to use e proceeds for expansion and doubling its production capacity. TATA Sky, is planning to raise Rs Cr. rough IPO and has selected Kotak Mahindra Capital Co., Morgan Stanley and Citigroup to manage its offering. Owners of matchmaking portal Consim nd Info Pvt. Ltd plans to raise $ million in e 2 half of ACB (India) Ltd, a coal washery operator is planning to raise upto Rs Cr. rough IPO and Offer For Sale (OFS) routes in is fiscal. Company Name Symbol Record Date Ex Date Purpose Transport Corporation of India Limited TCI 04-Feb Feb-13 Interim Dividend Gandhi Special Tubes Limited GANDHITUBE 04-Feb Feb-13 Interim Dividend Rs 6 Per Share (Purpose Revised) Indiabulls Financial Services Limited INDIABULLS 04-Feb Feb-13 Interim Dividend Rs 5.50 Per Share Torrent Pharmaceuticals Limited TORNTPHARM 04-Feb Feb-13 Interim Dividend Power Finance Corporation Limited PFC 05-Feb Feb-13 Interim Dividend India Infoline Limited INDIAINFO 05-Feb Feb-13 Interim Dividend Banaras Beads Limited BANARBEADS 05-Feb Feb-13 Interim Dividend HIL Limited HIL 06-Feb Feb-13 Interim Dividend Rs 7.50 Per Share Bharat Heavy Electricals Limited BHEL 06-Feb Feb-13 Interim Dividend EID Parry India Limited EIDPARRY 06-Feb Feb-13 Interim Dividend Edelweiss Financial Services Limited EDELWEISS 07-Feb Feb-13 Interim Dividend Re 0.55 Per Share Gravita India Limited GRAVITA 07-Feb Feb-13 Interim Dividend Re 0.30 Per Share Signet Induries Limited SIGNETIND 07-Feb Feb-13 Interim 12% On Equity Shares. TVS Motor Company Limited TVSMOTOR 07-Feb Feb-13 Interim Dividend Godrej Consumer Products Limited GODREJCP 08-Feb Feb-13 Interim Dividend Financial Technologies (India) Limited FINANTECH 08-Feb Feb-13 Interim Dividend Rs 2 Per Share (Purpose Revised) Rural Electrification Corporation Limited RECLTD 11-Feb Feb-13 Interim Dividend Surya Roshni Limited SURYAROSNI 11-Feb Feb-13 Interim Dividend IRB Infraructure Developers Limited IRB 12-Feb Feb-13 Interim Dividend Aarti Drugs Limited AARTIDRUGS 12-Feb Feb-13 Interim Dividend Aarti Induries Limited AARTIIND 12-Feb Feb-13 Interim Dividend Sundaram Clayton Limited SUNCLAYLTD 14-Feb Feb-13 Interim Dividend MOIL Limited MOIL 15-Feb Feb-13 Interim Dividend Steel Auority of India Limited SAIL 18-Feb Feb-13 Interim Dividend Madras Cements Limited MADRASCEM 19-Feb Feb-13 Interim Dividend Page Induries Limited PAGEIND 21-Feb Feb-13 Interim Dividend Scheme Type Class Open Date Close Date Offer Price Min. Inv. Amount Union KBC CPO S2 Close Debt Income DWS Hybrid FTF S11 Close Debt FMP HDFC FMP 448D Jan13 Close Debt FMP BirlaSL FTP S GJ Close Debt FMP ICICI PruFMP S Close Debt FMP BirlaSL FTP S GK Close Debt FMP Reliance FHF XXIII S1 Close Debt FMP

4 OUR PICKS BHARAT HEAVY ELECTRICALS LTD. Indian ate owned engineering and manufacturing enterpriese. Invement Rationale Foray into solar equipment manufacturing. Import duty on electrical insulators imported from China. Operational Efficiency. Strong financial hiory. EPS: PE Ratio: Book Value: Rs JAIPRAKASH ASSOCIATES LTD. Diversified infraructure conglomerate, leader in engineering & conruction of hydropower projects. Invement Rationale De-Merger of Cement business. Diversified presence across sectors. Focus on reducing leverage. New infraructure projects. EPS: PE Ratio: Book Value: Rs BUY Long Term CMP : Rs * Target : Rs W H/L : Rs. 328/ Potential Upside 20.00% BUY Long Term CMP : Rs * Target : Rs W H/L : Rs /54.6 Potential Upside 22.00% BSE Code: BSE Code: NSE Code: BHEL NSE Code: JPASSOCIAT STATE BANK OF INDIA. Leading PSU Bank in India. Invement Rationale Strong Financial performance. Capital infusion by Government. Strategic initiatives to improve asset quality. Probability of rate cuts by RBI. EPS: PE Ratio: Book Value: Rs BUY Long Term CMP : Rs * Target : Rs W H/L : Rs. 2550/1800 Potential Upside 20.00% BSE Code: NSE Code: SBIN TATA STEEL LTD. Part of e TATA group, India s large indurial conglomerate. Invement Rationale Significant demand grow potential. Geographically well diversified. Higher volumes; consolidated revenues. Capacity Addition. EPS: PE Ratio: Book Value: Rs BUY Long Term CMP : Rs * Target : Rs W H/L : Rs. 501/348 Potential Upside 18.50% BSE Code: NSE Code: TATASTEEL 4

5 OUR PICKS FOR MEDIUM TERM BUYING AMBUJA CEMENT LIMITED. The mo profitable and innovative cement company. 3 Mons Mons Mons Beta: 1.20 Market Cap: Rs Billion HINDUSTAN PETROLEUM CORPORATION LIMITED. A Global Fortune 500 & Forbes Global 2000 Company wi a Navratna Status. 3 Mons Mons Mons 3.00 Beta: 1.00 Market Cap: Rs Billion IDFC LIMITED. India s leading infraructure finance player engaged in providing financial services. 3 Mons Mons Mons Beta: 1.60 Market Cap: Rs Billion STERLITE INDUSTRIES LIMITED. Principal subsidiary of Vedanta Resources and fae growing private sector company. 3 Mons Mons Mons 7.00 Beta: 1.70 Market Cap: Rs Billion NHPC LIMITED. A Miniratna company engaged in hydro power generating business. 3 Mons Mons Mons Beta: 0.40 Market Cap: Rs Billion SUZLON ENERGY LIMITED. World s 5 large wind turbine supplier, engaged in selling and inallation of wind turbine generators. 3 Mons Mons (2.00) 9 Mons (20.60) Beta: 2.20 Market Cap: Rs Billion HCL TECHNOLOGIES LIMITED. A $4 billion global company, is India s 4 large IT services provider. 3 Mons Mons Mons Beta: 0.70 Market Cap: Rs billion ESSAR OIL LIMITED. Company engaged in exploration and production of oil, natural gas, refining of crude oil and marketing of petroleum products. 3 Mons Mons Mons Beta: 1.30 Market Cap: Rs Billion BSE Code : NSE Code : AMBUJACEM CMP : Rs * Target : Rs Stop Loss : Rs W H/L : Rs /199.7 BSE Code : NSE Code : HINDPETRO CMP : Rs * Target : Rs Stop Loss : Rs W H/L : Rs /283.1 BSE Code : NSE Code : IDFC CMP : Rs * Target : Rs Stop Loss : Rs W H/L : Rs /90.4 BSE Code : NSE Code : STER CMP : Rs * Target : Rs Stop Loss : Rs W H/L : Rs /88.6 BSE Code : NSE Code : NHPC CMP : Rs * Target : Rs Stop Loss : Rs W H/L : Rs. 26.1/14.7 BSE Code : NSE Code : SUZLON CMP : Rs * Target : Rs Stop Loss : Rs W H/L : Rs. 32.4/14.75 BSE Code : NSE Code : HCLTECH CMP : Rs * Target : Rs Stop Loss : Rs W H/L : Rs /410.5 BSE Code : NSE Code : ESSAROIL CMP : Rs * Target : Rs Stop Loss : Rs W H/L : Rs. 80.9/42.1 For detailed analy reports, please visit: Reports & Downloads Equity Research 5 *Closing price as on on NSE

6 Mutual Fund Corner Scheme of e Mon RELIANCE TAX SAVER - GROWTH Fund Manager: Mr. Ashwani Kumar / Mr. Virel Berawala Invement Objective The scheme aims to generate long-term capital appreciation from a portfolio at is inveed predominantly in equity and equity related inruments. Current Statiics & Profile Late NAV (28/01/13) 52-Week High (07/01/13) 52-Week Low (30/01/12) Fund Category Type Equity-Tax Planning Open End Launch Date September 22, 2005 Net Assets (Cr) ( ) Benchmark BSE 100 Trailing Returns As on Fund Return Category Return Year to Date (2.16) Mon (1.64) Mon Year Year Year Return Since Launch Note: Return up to 1 year are absolute and over 1 year are annualized As on 31/12/12 Minimum Invement Amount Additional Invement Options Asset Allocation Equity Cash & Cash Equivalents 0.15 Invement Details % Net Assets Rs.500 Rs.500 & in multiples of Rs.500 Dividend Standard Deviation Sharpe Ratio& Beta & 0.82 Fund Style Portfolio Characteriic - As on Invement Style Grow Blend Value Capitalisation Large Medium Small Avg. Mkt. Cap Cr Market Capitalization Giant 11.08% Large 7.84% Mid 51.49% Small 29.59% Portfolio P/B Ratio: 3.70 Portfolio P/E Ratio:25.38 PORTFOLIO Top 10 Holdings as on 31/12/2012 Sl. No. Name of Holding Inrument % Net Assets 1. Eicher Motors Equity State Bank of India Equity Maruti Suzuki India Equity Madras Cements Equity Sanofi India Equity Divis Laboratories Equity TVS Motor Company Equity Cummins India Equity Alom T & D Equity Bharat Forge Equity 3.17 Top Sector Weightings As on 31/12/2012 Sector % Net Assets Automobile Engineering Financial Conruction 9.74 Services

7 DISCLAIMER The information and opinions contained herein have been complied or arrived at based upon information obtained in good fai from sources believed to be reliable. Such information has not been independently verified and no guarantee, representation of warranty, express or implied is made as to its accuracy, completeness or correctness. The information has appeared in various external sources / media for public use or consumption and is now meant only for members and subscribers. The views expressed and/or events narrated/ated in e said information/ news items are perceived by e respective source. All such information and opinions are subject to change wiout notice. This document is for information purpose only. No one can use e information as e basis for any claim, demand or cause of action. While we would endeavor to update e information herein on a reasonable basis, we do not undertake to advise you as to any change of our views expressed in is document. This report has been produced Beginner's Corner DERIVATIVES PART V OPTION PAY OFFs In e previous issue, we got practical insights of e basic Option Pay offs. This issue we will explore some of e higher models of Option Payoff s. 1. Bull Call Spread This rategy is adopted when e inveor is moderately bullish on e markets going up in e short term. This spread is formed by buying an In e Money Call Option and selling an Out of e Money Call Option. Bo e options should have e same underlying security and expiration mon. Here e Risk and e Rewards are LIMITED and Break even is Strike Price of Buy Call+ Net Premium Paid. Illuration Stock / Index Type Strike Price Premium NIFTY (Lot size 50) Buy CALL (Outflow Sell CALL (Inflow) Net Out Flow 100 (Outflow) The pay off schedule and chart for e above rategy is given below: Expiry (5000) Above In e above chart, e break even happens e moment NIFTY crosses 5500and e risk is also limited to maximum of Rs (Lot size*net Premium Received i.e.(50*100). Alternatively A Bull Put Spread can also be adopted. In case of above illuration, ere will be a Inflow of Rs. 100 when a bull put rategy is adopted, all e re remaining e same. 2. Bear Call Spread This rategy is adopted when e inveor is moderately bearish on e markets falling in e short term. A Bear Call spread is formed by buying an Out of e Money Option and selling an In e Money Option. Bo e options should have e same underlying security and expiration mon. Here e inveor receives a net credit because e call bought is at a higher rike price an call at s sold. Here e Risk and e Rewards are LIMITED and Break even is Strike Price of Short Call+ Premium Paid. Illuration Stock / Index Type Strike Price Premium NIFTY (Lot size 50) Buy CALL (Outflow) Sell CALL (Inflow) Net In Flow 100 (Inflow) The pay off schedule and chart for e above rategy is given below: Expiry (5000) Above A: Buying Strike Price B: Break even Point C: Selling Strike Price Net Payoff (Rs.) Net Payoff (Rs.) A: Buying Strike Price B: Break even Point C: Selling Strike Price HAPPY INVESTING!!! 7 In e above chart, e break even happens e moment NIFTY crosses 5500 and e risk is also limited to maximum of Rs (Lot Size* Premium Received). 3. A Bear Put Spread This rategy can also be adopted, wherein e inveor forms e same spread but by buying and selling PUTS inead of Calls. The net effect of ese rategies is to bring down e co and raise e breakeven on e buying. Illuration Stock / Index Type Strike Price Premium NIFTY (Lot 50) Buy PUT (Outflow Sell PUT (Inflow) Net Out Flow 100 (Outflow) The pay off schedule and chart for e above rategy is given below: Expiry 5100 (17500) 5200 (12500) 5300 (7500) 5400 (2500) The pay off chart remains e same as in e case of Bear Call Spread. The risk is limited to maximum of Rs (100*50). 4. Call Back Spread This rategy is used by e inveors when ey are bullish on e market direction as well as volatility. This rategy involves selling an In e Money Call Option and buying two lots of Out of e Money Call Option, bo having e same underlying security and expiration mon. Here e inveor makes profit when prices fall, alough e gains are greater if e market rallies. Here e Risk is Limited to difference between e two Strikes +/- net premium paid/ received. The Rewards are UNLIMITED on upside and LIMITED on e downside. Illuration Stock / Index Type Strike Price Premium NIFTY (Lot 50) Sell CALL (Inflow) Buy CALL 2 Lots *2 = 180 (Outflow) Net In Flow 30(Inflow) The pay off schedule and chart for e above rategy is given below: Expiry (3500) 5600 (8500) 5700 (3500) Net Payoff (Rs.) Net Payoff (Rs.) From e above chart we can infer at e breakeven happens e moment Nifty crosses 5430 or 5770 and e risk is limited to a maximum of Rs (Buy Call Strike Sell Call Strike Net Premium Received)* Lot Size. We tru at e information about Options were useful. Look out for e subsequent issues of our magazine for more Strategies on oer derivative products. independently of e company, and forward looking atements, opinions and expectations contained herein are entirely ose of Indbank and given as part of its normal research activity. Descriptions of any company or companies or eir securities mentioned herein are not intended to be complete and is document is not, and should not be conrued as an offer or solicitation of an offer, to buy or sell any securities or oer financial inruments. Indbank, its directors, analys or employees do not take any responsibility financial or oerwise, of e losses or e damages suained due to e invements made or any action taken on basis of is report, including but not rericted to, fluctuation in e prices of e shares and bonds, changes in e currency rates, diminution in e NAVs reduction in e dividend or income, etc. IBMBS and its affiliates, officers, directors and employees including persons involved in e preparations or issuance of is report may from time to time have intere in securities ere of, companies mentioned ere in.

8 1. Chennai 2. Harbour 3. Anna Nagar 4. CMDA 5. T. Nagar 6. Adyar 7. Ashok Nagar 8. Nanganallur 9. Mylapore 10. Purasawalkam 11. Vellore 12. Delhi 13. Preet Vihar 14. Shantiniketan 15. Noida 16. Mumbai 17. Vile Parle 18. Matunga Bazar 19. Pune 20. Chandigarh 21. Ahmedabad 22. Coimbatore 23. Salem 24. Tiruppur 25. R S Puram 26. Udumalpet 27. Ernakulam 28. Bangalore 29. Bangalore Cantonment 30. Mangalore 31. Udupi 32. Tirunelveli 33. Palayamkottai 34. Sivakasi 35. Rajapalayam 36. Madurai 37. K K Nagar 38. Hyderabad 39. Secundarabad 40. Srinagar Colony 41. Guntur 42. Puducherry 43. Erode 44. Kangeyam 45. Srirangam 46. Tirchy 47. Tuticorin 48. Thanjavur 49. Kumbakonam 50. Vishakapatanam 51. Calicut 52. Thrissur 53. Vijayawada 54. Kolkatta CONTACT US 1 Floor, Khivraj Complex 1, No. 480 Anna Salai, Nandanam, Chennai , Ph: (General), (DP Direct), Fax: , Mobile: , chennai@indbankonline.com, imssbc@e.net Indian Bank, Harbour Branch (Ground Floor) 66, Rajaji Salai, Chennai , Ph: , Mobile: , parrys@inbankonline.com Indian Bank, Ground Floor, W100 2nd Avenue, Anna Nagar, Chennai 40, Ph: , Mobile: , annanagar@indbankonline.com Indian Bank, CMDA Towers, No 1, Gandhi Irwin Road, Egmore, Chennai , Ph: , Mobile: , cmda@indbankonline.com Indian Bank, No. 7, Prakasam Road, T Nagar, Chennai , Ph: , Mobile: , tnagar@indbankonline.com Indian Bank, 91, 1 Main Road, Gandhi Nagar, Adyar, Chennai , Ph: , Mobile : , adyar@inbankonline.com Indian Bank, Ashok Nagar Branch, No. 69, 1 Avenue, Ashok Nagar, Chennai , Ph: , Mobile: , ashoknagar@indbankonline.com Indian Bank, Nanganallur Branch, Plot: 7B/8, 6 Main Road, Nanganallur, Chennai , Ph: , Mobile: , nanganallur@indbankonline.com Indian Bank, Ground Floor, 21 Nor Mada Street, Chennai , Ph: , Mobile: , mylapore@indbankonline.com Indian Bank, No. 30/275 Purasawalkam, Vepery, Chennai , Ph: , Mobile: , purasawalkam@indbankonline.com Indian Bank, Vellore Main Branch, 46-51, TKM complex, Katpadi Road, Vellore , Ph: , Mobile: , vellore@indbankonline.com Indian Bank Zonal Office, RBS Branch, Upper Ground Floor, World Trade Centre, Babar Road, New Delhi , Ph: / , Mobile: , delhi@indbankonline.com Indian Bank, Preet Vihar Branch, C-47, Preet Vihar, New Delhi ; Ph: , Mobile: , preetvihar@indbankonline.com Indian Bank, Shantiniketan Branch, DDA Market, Shantiniketan, New Delhi Ph.: / , shantiniketan@indbankonline.com Indian Bank, B 258, Sector 50, Noida Uttar Pradesh ; Ph: , Mobile: ; noida@indbankonline.com Varma Chambers, Ground Floor, 11, Homeji Street, Fort, Mumbai Ph: , Fax : , Mobile : / , mumbai@indbankonline.com Indian Bank, Indian Bank Vile Parle (Ea), 325 Gitanjali Arcade, 1 Floor, Nehru Road, Vile Parle (Ea), Mumbai ; Ph: , Mobile: ; vileparle@indbankonline.com Indian Bank, Basement, No. 266 A Temple Avenue, Deodhar Road, Matunga Ea, Mumbai ; Ph: /44, Mobile: ; matunga@indbankonline.com Indian Bank, Pune Cantonment Branch, 35 Aurora Towers, Ea Wing, 9 Moledina Road, Pune , Ph: / , Mobile: , pune@indbankonline.com Indian Bank, S C O 38-39, Madhya Marg, Sector 7C, Sector 19, Chandigarh , Ph: , Mobile : , chandigarh@indbankonline.com Indian Bank, Maruti House, Opp. Popular, Old High Court Way, Ashram Road, Ahmedabad Ph: , Mobile: , ahmedabad@indbankonline.com I Floor, 31, Variety Hall Road, Coimbatore Ph: , , Mobile : , coimbatore@indbankonline.com Indian Bank, Salem Fort Branch, Door No. 45, Sannai Street, Fort, Salem , Ph: , Mobile: , salem@indbankonline.com Indian Bank, P O Box: 101, No. 83. Court St, Tiruppur , Ph: / , Mobile: , tiruppur@indbankonline.com Indian Bank, Door No. 434, D B Road, R S Puram, Coimbatore , Ph: / , Mobile: , rspuram@inbankonline.com Indian Bank, 130 Palani Main Road, Udumalpet , Ph: , Mobile: , udumalpet@indbankonline.com Indian Bank, Door No. 40/8005 & 40/8006, M G Road, Nr. Padma Junction, Ernakulam , Ph: / , Mobile: , ernakulam@indbankonline.com Indian Bank, City Branch, No. 10, Kempegowda Road (KG Road), Bangalore ; Ph: , Mobile: , bangalore@indbankonline.com Indian Bank, No. 35, Lady Curzon Road, Shivaji Nagar, Commercial Street, Bengaluru , Ph: , Mobile: , bangalorecantt@indbankonline.com Indian Bank, P B No: 109, K S Rao Road, Hampakatta, Mangalore , Ph: / , Mobile: , mangalore@indbankonline.com Indian Bank, Krishna Arcade, Opp. Shankar Vittal Garage, G B Pan Road, Udupi ; Ph: ; Mobile: , udupi@indbankonline.com Indian Bank, 1 Floor, New No. 33 (Old No. 5J), Madurai Road, Thirunelveli Junction, Thirunelveli Ph: /72, Mobile: , tiruneveli@indbankonline.com Indian Bank, P.B. No. 39, No. 84, Thiruvanaampuram Road, Palayamkottai, Tirunelveli , Ph: , Mobile: , palayamkottai@indbankonline.com Indian Bank, No. 55 New Road, Sivakasi , Ph: , Mobile: ; sivakasi@indbankonlline.com Indian Bank, Rajapalayam Branch, 825 Tenkasi Road, Rajapalayam ; Ph: ; Mobile: ; rajapalayam@indbankonline.com Indian Bank, Zonal Office, Third Floor, 100/101, Avani Moola Street, Madurai , Ph: / ; Mobile: , madurai@indbankonline.com Indian Bank, No. 1, Vinayaka Nagar, K K Nagar, Madurai , Ph: / , Mobile: , kknagar@indbankonline.com I Floor, , Himayat Nagar, Hyderabad Ph: / 68, Fax : , Mobile : , hyderabad@indbankonline.com Indian Bank, 201, Karan Center, Sarojini Devi Road, Secunderabad, Andhra Pradesh , Ph: , Mobile : , secundarabad@indbankonline.com Indian Bank, 127, Srinagar Colony road, Srinagar Colony, Hyderabad, Andhra Pradesh , Ph: , Mobile: , srinagarcolony@indbankonline.com Indian Bank, Brodipet Branch, , IV Line, Guntur ; Ph: ; Mobile: , guntur@indbankonline.com nd Indian Bank, Puducherry Main Branch, No. 288, 2 Floor, Amudha Surabhi, M G Road, Puducherry , Ph: , Mobile: , puducherry@indbankonline.com Indian Bank, Erode Main Branch, No. 9, Gandhiji Road, Erode , Ph: , , Mobile: , erode@indbankonline.com Indian Bank, No. 451/3 Rajaji Street, Opp. Surya Agency, Kangeyam , Ph: , Mobile: , kangeyam@indbankonline.com Indian Bank, S.N. Towers, No. 121, Thiruvalluvar Street, Srirangam, Trichy , Ph: / , Mobile: , srirangam@indbankonline.com Indian Bank, Sree Naga Arcade, No. 5 Williams Road, Cantonment, Trichy , Ph: / , Mobile: , trichy@indbankonline.com Indian Bank, 92 N Devar Puram Road, Melur, Tuticorin , Ph: , Mobile: , tuticorin@indbankonline.com Indian Bank Micro-State Branch, Ground Floor, No:1087, Mission Street, Thanjavur , Ph: , Mobile: , anjavur@indbankonline.com Indian Bank, Kumbakonam Main Branch, T S No , Dr. Besant Road, Kumbakonam ; Ph: ; Mobile: ; kumbakonam@indbankonline.com Indian Bank, , 1 Floor, Sarada St, Dabagardens, Visakhapatnam , Ph: , Mobile: , visakhapatnam@indbankonline.com Indian Bank, Kozhikode Branch, LIC Building, S M Street, Kozhikode , Ph: , Mobile: , calicut@indbankonline.com Indian Bank, Kollannur Devassy Building, Round Ea, Thrissur, Kerala ; Ph: ; Mobile: ; rissur@indbankonline.com Indian Bank, 1 Floor, M G Road, Opp. Fortune Murali Park, Labbipet, Vijayawada Ph: , Mobile: , vijayawada@indbankonline.com Indian Bank, 3/1, R N Mukherjee Road, Sriram Chambers, Kolkata , Ph: , Mobile: , kolkata@indbankonline.com 176 A, Coimbatore Main Road, Mettupalayam , Ph. : FRANCHISEE OFFICE

Our website :

Our website : Private Circulation only April - 2013 Issue - 71 The budget 2013 has been delivered and analyzed across e spectrum. The descriptions ranged from excellent to poor. Apart from all ese, e consensus is at

More information

Our website :

Our website : Private Circulation only December - 2012 Issue - 67 Knowledge is Power; Power is Knowledge is a famous proverb and its significance is very true in the ock markets. People with more knowledge about various

More information

Our website :

Our website : Private Circulation only Issue - 84 Its election time. The world's largest democracy is holding elections to elect th th members of its 16 Parliament, who will also chose its 14 Prime Minister. These elections

More information

Our website :

Our website : Private Circulation only Issue - 83 From the President's Desk Nature has its own way of surprising us. The disappearance of the Malaysian Boeing Plane and the on-going search for the same reminds me of

More information

It gives me immense pleasure in informing you that after 3 years of

It gives me immense pleasure in informing you that after 3 years of Private Circulation only May - 2012 Issue - 60 It gives me immense pleasure in informing you at after 3 years of consecutive net losses, your company has turned around and has poed a net profit of Rs.

More information

Banabihari Panda President and Whole Time Director Indbank Merchant Banking Services Ltd. Our Website :

Banabihari Panda President and Whole Time Director Indbank Merchant Banking Services Ltd. Our Website : Private Circulation only June- Issue - 97 From the President's Desk Narendra Modi led National Democratic Alliance (NDA) which formed the government at the Centre in May 2014 has completed one year successfully.

More information

Our website :

Our website : Private Circulation only March - 2013 Issue - 70 Anoer year a anoer budget!!! There is a lot of guesses on what e budget would a would not be; e implications of e budgetary allocations on e markets a e

More information

Our website :

Our website : Private Circulation only Issue - 76 I never attempt to make money in e stock market. I buy on e assumption at ey could close e market e next day and not re-open it for e next 5 years. The above are e words

More information

HAPPY AND INTELLIGENT INVESTING!!

HAPPY AND INTELLIGENT INVESTING!! Private Circulation only November - 2011 Issue - 54 From the President's Desk Recently, I received a mail listing out some of the products of the era bygone. Some of the advertisements of that era that

More information

FACTSHEET st EQUITY FUND. 31 December For Statutory Details & Risk Factors please refer page 8.

FACTSHEET st EQUITY FUND. 31 December For Statutory Details & Risk Factors please refer page 8. EQUITY FUND Invement Style Value Blend Grow An Open-ended Grow Scheme To achieve long term capital appreciation by inveing in a diversified portfolio predominantly consiing of equity and equity related

More information

Quantum Long Term Equity Fund

Quantum Long Term Equity Fund Scheme Feature Quantum Long Term Equity Fund An Open ended Equity Scheme Fund Manager Fund Manager Total Experience Inception Date (Date of Allotment) Expense Ratio (Under each Oprion) Lock-in Period Net

More information

FUNDS IN FOCUS OCTOBER

FUNDS IN FOCUS OCTOBER FUNDS IN FOCUS OCTOBER 2018 THE PAGE HAS BEEN LEFT INTENTIONALLY BLANK OCTOBER 2018 EQUITY FUNDS:.................................................................... 1 Kotak India EQ Contra Fund..........................................................

More information

Market Outlook. Nifty % Sensex %

Market Outlook. Nifty % Sensex % Market Outlook 22000 BSE NSE 6500 Key Indices 30-Apr-13 31-Mar-13 % Change 21000 20000 19000 18000 17000 16000 15000 6000 5500 5000 4500 4000 3500 Nifty 5930.20 5682.55 4.36% Sensex 19504.18 18835.77 3.55%

More information

Quantum Index Fund. Factsheet for the month of August, 2010

Quantum Index Fund. Factsheet for the month of August, 2010 Quantum Index Fund Factsheet for the month of August, 2010 Quantum Index Fund An Open ended Exchange Traded Fund Fact Sheet as on 31st August 2010 Net Asset Value as on August 31, 2010 (Rs./Unit) Growth

More information

Think Of Us Before You Invest

Think Of Us Before You Invest Think Of Us Before You Invest DATE OF ALLOTMENT March 31,1996 BENCHMARK S&P BSE Sensex FUND SIZE Rs.679.21 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs.668.51 (Rs. in Cr.) EXIT LOAD Nil (Compulsory lock-in period

More information

FUNDS IN FOCUS AUGUST

FUNDS IN FOCUS AUGUST FUNDS IN FOCUS AUGUST 2018 THE PAGE HAS BEEN LEFT INTENTIONALLY BLANK AUGUST 2018 EQUITY FUNDS:.................................................................... 1 Kotak India EQ Contra Fund..........................................................

More information

FUNDS IN FOCUS MARCH 2018

FUNDS IN FOCUS MARCH 2018 FUNDS IN FOCUS MARCH 2018 THE PAGE HAS BEEN LEFT INTENTIONALLY BLANK MARCH 2018 EQUITY FUNDS:..................................................................... 1 Kotak Classic Equity Fund............................................................

More information

INDIA ENHANCED EQUITY FUND

INDIA ENHANCED EQUITY FUND DSP BlackRock INDIA ENHANCED EQUITY FUND Alternative Investment Fund Quarterly Report uly-september 201 ALTERNATIVE INVESTMENT FUND Investment Commentary We maintained a cautious view on the overall market

More information

Notice to Shareholders 3. Directors' Report 5. Report on Corporate Governance 8. Management Discussion & Analysis Report 14. Auditors' Report 17

Notice to Shareholders 3. Directors' Report 5. Report on Corporate Governance 8. Management Discussion & Analysis Report 14. Auditors' Report 17 CONTENTS Notice to Shareholders 3 Directors' Report 5 Report on Corporate Governance 8 Management Discussion & Analysis Report 14 Auditors' Report 17 Balance Sheet 20 Profit and Loss Account 21 Notes on

More information

Sharekhan Top SIP Fund Picks February 14, 2018

Sharekhan Top SIP Fund Picks February 14, 2018 February 14, 2018 Index Top SIP Fund Picks Large-Cap Funds Mid & Small-Cap Funds Multi-Cap Funds Tax-saving Funds (ELSS) BNP Paribas Mutual Fund Equity schemes Fund Focus BNP Paribas Equity Fund Mutual

More information

NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : CAPITAL MARKET SEGMENT. Download Ref No :NSE/CMTR/19982 Date : February 09, 2012

NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : CAPITAL MARKET SEGMENT. Download Ref No :NSE/CMTR/19982 Date : February 09, 2012 NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : CAPITAL MARKET SEGMENT Download Ref No :NSE/CMTR/19982 Date : February 09, 2012 Circular Ref. No : 011/ 2012 All NSE Members Sub: Dissemination of

More information

Quantum Asset Management Company Private Limited Registered Office: 505, Regent Chambers, 5th Floor, Nariman Point, Mumbai

Quantum Asset Management Company Private Limited Registered Office: 505, Regent Chambers, 5th Floor, Nariman Point, Mumbai Quantum Asset Management Company Private Limited Registered Office: 505, Regent Chambers, 5th Floor, Nariman Point, Mumbai-400 021. Quantum Long Term Equity Fund (An Open ended growth scheme with no assured

More information

COMMON KEY INFORMATION MEMORANDUM AND APPLICATION FORM

COMMON KEY INFORMATION MEMORANDUM AND APPLICATION FORM COMMON KEY INFORMATION MEMORANDUM AND APPLICATION FORM Invement Manager: Motilal Oswal Asset Management Company Ltd. Motilal Oswal MOSt Focused Multicap 35 Fund (MOSt Focused Multicap 35 ) (An open ended

More information

Indian Oil Corporation Ltd.

Indian Oil Corporation Ltd. Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 s. Indian Oil Corporation Ltd.. October 25, 217 BSE Code: 53965 NSE Code: IOC Reuters Code: IOC.NS Bloomberg Code:

More information

Aims to achieve the right blend of Growth and Tax Saving

Aims to achieve the right blend of Growth and Tax Saving Aims to achieve the right blend of Growth and Tax Saving DATE OF ALLOTMENT March 31,1996 BENCHMARK S&P BSE Sensex FUND SIZE Rs.981.23 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs.939.37 (Rs. in Cr.) EXIT LOAD Nil

More information

Index. Pg 1. Market Outlook. Pg 3. Fund Managers Profile. Pg 4. Fund Performance. Pg 5. Secure Fund. Pg 6. Stable Fund. Pg 7. Growth Fund.

Index. Pg 1. Market Outlook. Pg 3. Fund Managers Profile. Pg 4. Fund Performance. Pg 5. Secure Fund. Pg 6. Stable Fund. Pg 7. Growth Fund. March 2015 Index as on 31st March 2015 Market Outlook Pg 1 Fund Managers Profile Pg 3 Fund Performance Pg 4 Secure Fund Pg 5 Stable Fund Pg 6 Growth Fund Pg 7 Growth Advantage Fund Pg 8 Money Market Fund

More information

FUNDS IN FOCUS JANUARY

FUNDS IN FOCUS JANUARY FUNDS IN FOCUS JANUARY 2018 THE PAGE HAS BEEN LEFT INTENTIONALLY BLANK JANUARY 2018 EQUITY FUNDS:..................................................................... 1 Kotak Classic Equity Fund............................................................

More information

WEEKLY REPORT. 11 th FEB 15 th FEB

WEEKLY REPORT. 11 th FEB 15 th FEB 61.34 61.34 Trade House 426 Alok Nagar, Kanadia Main Road Near Bangali Square Indore-452001 (M.P.) India Mobile :+91-9039261444 E-mail: info@tradenivesh.in INDIAN MARKETS INDIAN SECTORIAL INDICES INDICES

More information

FUNDS IN FOCUS NOVEMBER

FUNDS IN FOCUS NOVEMBER FUNDS IN FOCUS NOVEMBER 30, 2017 THE PAGE HAS BEEN LEFT INTENTIONALLY BLANK NOVEMBER 2017 EQUITY FUNDS:..................................................................... 1 Kotak Classic Equity Fund............................................................

More information

Equity Monthly Report

Equity Monthly Report 31st July 2018 In the month of Jul-18, the S&P BSE Sensex rose by 6.16% and the CNX Nifty by 5.99%.Indian equity benchmarks clocked their second-best monthly gain of 2018, as Indian companies continue

More information

Market Commentary. Debt Markets. Equity Markets. Change. Sensex (3.05%) Nifty (3.31%) Nifty Midcap (4.

Market Commentary. Debt Markets. Equity Markets. Change. Sensex (3.05%) Nifty (3.31%) Nifty Midcap (4. FUND FACT SHEET as of 31st March 2017 Market Commentary Equity Markets Index Return Sensex 29620.5 (3.05%) Nifty 9173.75 (3.31%) Nifty Midcap 100 17197.15 (4.35%) Debt Markets Change IGB 6.97 (Yield %)

More information

IIFL INDIA GROWTH FUND. (An open ended equity Scheme)

IIFL INDIA GROWTH FUND. (An open ended equity Scheme) IIFL INDIA GROWTH FUND (An open ended equity Scheme) IIFL INDIA GROWTH FUND (An open ended equity Scheme) This product is suitable for investors who are seeking* capital appreciation over long term; Investment

More information

EY Tax Alert. Executive summary. Government of India notifies the entities eligible to issue tax free bonds for financial year

EY Tax Alert. Executive summary. Government of India notifies the entities eligible to issue tax free bonds for financial year 16 August 2013 2013 2013mber EY Tax Alert Government of India notifies the entities eligible to issue tax free bonds for financial year 2013-14 Executive summary Tax Alerts cover significant tax news,

More information

MONTHLY UPDATE MARCH 2015

MONTHLY UPDATE MARCH 2015 MONTHLY UPDATE MARCH 2015 Highest NAV Guarantee Fund as on 31 st March 2015 Fund Objective : To Generate Returns from Hybrid asset Allocation Portfolio over 10 year Term of Fund SFIN CODE : ULIF04001/09/10HighestNAV101

More information

2018 The year of promise

2018 The year of promise 2018 The year of promise January 2018 Tushar Pradhan, Chief Investment Officer We have come a long way in 2017 Source: Kotak Institutional Equities Dec 2017 Key events and performance of the Indian market

More information

NATIONAL STOCK EXCH ANGE OF INDIA LIMITED DEPARTMENT : FUTURES & OPTIONS. Download Ref No : NSE/FAOP/20104 Date : February 23, 2012

NATIONAL STOCK EXCH ANGE OF INDIA LIMITED DEPARTMENT : FUTURES & OPTIONS. Download Ref No : NSE/FAOP/20104 Date : February 23, 2012 NATIONAL STOCK EXCH ANGE OF INDIA LIMITED DEPARTMENT : FUTURES & OPTIONS Download Ref No : NSE/FAOP/20104 Date : February 23, 2012 Circular Ref. No : 019/2012 All NSE Members, Sub: Dissemination of Indices

More information

Unit-Linked Insurance Plans Monthly Fund Update, May 13

Unit-Linked Insurance Plans Monthly Fund Update, May 13 Unit-Linked Insurance Plans Monthly Fund Update, May 13 ECONOMY ECONOMY S.No. Indicators Mar-13 M-o-M Variation 1. 10-year G-Sec India (%) 7.96 7.73-0.23 2. 10-year AAA Corporate Bond (%) 8.86 8.52-0.34

More information

IIFL INDIA GROWTH FUND. (An open ended equity Scheme)

IIFL INDIA GROWTH FUND. (An open ended equity Scheme) IIFL INDIA GROWTH FUND (An open ended equity Scheme) IIFL INDIA GROWTH FUND (An open ended equity Scheme) This product is suitable for investors who are seeking* capital appreciation over long term; Investment

More information

R*Shares Nifty BeES. An Open Ended Index Exchange Traded Fund [Rajiv Gandhi Equity Savings Scheme (RGESS) Qualified Scheme] Product labels.

R*Shares Nifty BeES. An Open Ended Index Exchange Traded Fund [Rajiv Gandhi Equity Savings Scheme (RGESS) Qualified Scheme] Product labels. R*Shares Nifty BeES An Open Ended Index Exchange Traded Fund [Rajiv Gandhi Equity Savings Scheme (RGESS) Qualified Scheme] This product is suitable for investors who are seeking*: Product labels Long-term

More information

long term capital growth investment in equity and equity related instruments through a research based approach

long term capital growth investment in equity and equity related instruments through a research based approach NAME OF SCHEMES EQUITY Vision Fund An open ended Equity Growth Top 200 Fund An open ended Diversified Equity Quant Plus Fund An open ended Equity NRI Equity Fund An open-ended Diversified Equity Focused

More information

G. RANGARAJAN. From the President's Desk. Private Circulation only July (G. RANGARAJAN) 10/07/2010

G. RANGARAJAN. From the President's Desk. Private Circulation only July (G. RANGARAJAN) 10/07/2010 Private Circulation only July - 2010 Issue - 38 From e President's Desk How will a merger or an acquisition affect your investments? In our previous issue we had put forward our views at e current socio-economic

More information

The desire for gold is the most universal and deeply rooted commercial instinct of the human race - Gerald M. Loeb

The desire for gold is the most universal and deeply rooted commercial instinct of the human race - Gerald M. Loeb The desire for gold is the most universal and deeply rooted commercial instinct of the human race - Gerald M. Loeb Gerald Loeb (1899 - April 13, 1974) was a founding partner of E.F. Hutton & Co., a renowned

More information

With lower returns on small saving instruments, what are your options?

With lower returns on small saving instruments, what are your options? Ventura Research Desk: The article for this month, With lower returns on small saving instruments, what are your options? throws light on the impact of interest rate cuts on various small saving schemes

More information

ETFs are simple to understand and are transparent to track

ETFs are simple to understand and are transparent to track What is an 2 3 ETFs are simple to understand and are transparent to track Can be bought / sold like any other stock on the exchange (Where the scheme is listed ) through terminals Generally less expensive

More information

Equity Monthly Report

Equity Monthly Report 31st August 2017 In the month of August 2017, the S&P BSE Sensex and CNX Nifty fell 2.4% and 1.6% respectively. Indian shares suffered their steepest monthly loss since November, weighed down by geopolitical

More information

Traditional Life Cycle of a company. Growth Phase

Traditional Life Cycle of a company. Growth Phase Today s Mid Caps are the Large Caps of tomorrow Traditional Life Cycle of a company Start-up Phase Growth Phase Mature Phase Emerging companies High growth phase But prone to higher risks Business not

More information

Equity Update May 2018

Equity Update May 2018 Market Overview (as on April 30, 2018) Flows Apr-18 Mar-18 Feb-18 FIIs (Net Purchases / Sales) (Rs cr) MFs (Net Purchases / Sales) (Rs cr) Domestic Markets Macro Indicators GDP (YoY%) IIP (YoY%) Crude

More information

FACTSHEET. October 2012

FACTSHEET. October 2012 October 2012 Invement Style Value Blend Grow Large Mid Small Market Cap An Open-ended Grow Scheme To achieve long term capital appreciation by inveing in a diversified portfolio predominantly consiing

More information

MONTHLY UPDATE MARCH 2015

MONTHLY UPDATE MARCH 2015 MONTHLY UPDATE MARCH 2015 Liquid Fund - Life Group - II as on 31 st March 2015 Fund Objective : To deliver returns linked to Money Market levels with minimal interest rate risk and minimal credit risk

More information

Mirae Asset Prudence Fund. Mirae Asset Tax Saver Fund

Mirae Asset Prudence Fund. Mirae Asset Tax Saver Fund March 2016 FUND FACTS Key Features Type of Scheme Invement Objective Fund Manager** Minimum Invement Amount Syematic Invement Plan (SIP) Load Structure Mirae Asset India Mirae Asset Opportunities Fund

More information

Time to Play on Infra

Time to Play on Infra 20 May 2014 Time to Play on Infra What has changed? New business-friendly majority Government in power Improvement in policy environment Infrastructure thrust by new Govt. Capex cycle is bottoming out

More information

fun Equity Diversified Large Cap Index Diversified Mid Cap & Small Cap Diversified Multi Cap Balanced Diversified Theme Based Sector Tax Saver

fun Equity Diversified Large Cap Index Diversified Mid Cap & Small Cap Diversified Multi Cap Balanced Diversified Theme Based Sector Tax Saver fun e ge Equity Diversified Large Cap Vision Fund... 02 Top 200 Fund... 03 Quant Plus Fund... 04 NRI Equity Fund... 05 Equity Fund... 06 Index Index Fund - Nifty Plan... 06 Index Fund - Sensex Plan...

More information

Index. Pg 1. Market Outlook. Pg 3. Fund Managers Profile. Pg 4. Fund Performance. Pg 5. Secure Fund. Pg 6. Stable Fund. Pg 7. Growth Fund.

Index. Pg 1. Market Outlook. Pg 3. Fund Managers Profile. Pg 4. Fund Performance. Pg 5. Secure Fund. Pg 6. Stable Fund. Pg 7. Growth Fund. April 2014 Index as on 30th April 2014 Market Outlook Pg 1 Fund Managers Profile Pg 3 Fund Performance Pg 4 Secure Fund Pg 5 Stable Fund Pg 6 Growth Fund Pg 7 Growth Advantage Fund Pg 8 Money Market Fund

More information

ETFs are simple to understand and are transparent to track

ETFs are simple to understand and are transparent to track What is an 2 3 ETFs are simple to understand and are transparent to track Can be bought / sold like any other stock on the exchange (Where the scheme is listed ) through terminals Generally less expensive

More information

NATIONAL STOCK EXCH ANGE OF INDIA LIMITED DEPARTMENT : FUTURES & OPTIONS. Download Ref No : NSE/FAOP/19345 Date : November 14, 2011

NATIONAL STOCK EXCH ANGE OF INDIA LIMITED DEPARTMENT : FUTURES & OPTIONS. Download Ref No : NSE/FAOP/19345 Date : November 14, 2011 NATIONAL STOCK EXCH ANGE OF INDIA LIMITED DEPARTMENT : FUTURES & OPTIONS Download Ref No : NSE/FAOP/19345 Date : November 14, 2011 Circular Ref. No : 116/2011 All NSE Members Sub: Introduction of Futures

More information

APOLLO TYRES LTD. October 19 th, CMP (Rs.) 194. Key Developments

APOLLO TYRES LTD. October 19 th, CMP (Rs.) 194. Key Developments Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 s. APOLLO TYRES LTD.. October 19 th, 2015 BSE Code: 500877 NSE Code: APOLLOTYRE Reuters Code: APLO.NS Bloomberg

More information

Equity Monthly Report

Equity Monthly Report February 2019 The Sensex fell 1.07% in Feb-19, while the Nifty fell 0.36% during the month. Indian equity markets closed in the red as investors remained concerned over rising oil prices after Saudi Arabia

More information

Corporate Presentation. December

Corporate Presentation. December Corporate Presentation December 2017 1 PARENTAGE Sundaram Finance Sundaram Business Services Limited Outsourcing services *Not an exhaustive list Fully Owned Subsidiaries* Sundaram Asset Management Mutual

More information

How much will your current lifestyle cost at 60?

How much will your current lifestyle cost at 60? (MODERATE PLAN) How much will your current lifestyle cost at 60? DATE OF ALLOTMENT November 01,2011 BENCHMARK CRISIL Hybrid 25+75 - Aggressive Index (WEF From 1st February 2018) FUND SIZE: Rs.856.45 (Rs.

More information

Market Snap 12 th May 2018

Market Snap 12 th May 2018 Weekly ary Market Snap 12 th May 2018 BROKING INVESTMENT BANKING l RESEARCH DISTRIBUTION l DEPOSITORY Index Previous Close Open High Low Close Change Change (%) Sensex 34915.38 34983.59 35596.15 34977.74

More information

Equity Diversified Large Cap Reliance Vision Fund Reliance Top 200 Fund Reliance Quant Plus Fund Reliance NRI Equity Fund...

Equity Diversified Large Cap Reliance Vision Fund Reliance Top 200 Fund Reliance Quant Plus Fund Reliance NRI Equity Fund... Equity Diversified Large Cap Vision Fund... 04 Top 200 Fund... 05 Quant Plus Fund... 06 NRI Equity Fund... 07 Focused Large Cap Fund... 08 Index Index Fund - Nifty Plan... 09 Index Fund - Sensex Plan...

More information

Religare Invesco Mid N Small Cap Fund

Religare Invesco Mid N Small Cap Fund Religare Invesco Mid N Small Cap Fund An Open Ended Equity Scheme Suitable for investors who are seeking*: Capital appreciation over long term Investment predominantly in equity and equityrelated instruments

More information

HDFC Ltd As on September 30, 2015 Reliance Gas Transportation Infrastructure Ltd Absolute Return Power Finance Corporation Ltd. 2.

HDFC Ltd As on September 30, 2015 Reliance Gas Transportation Infrastructure Ltd Absolute Return Power Finance Corporation Ltd. 2. September, 2015 THE LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICYHOLDER WILL NOT BE ABLE TO SURRENDER/WITHDRAW THE MONIES INVESTED IN LINKED.

More information

Daily Newsletter-Equity 30/09/2015

Daily Newsletter-Equity 30/09/2015 Daily Newsletter-Equity 30/09/2015 MARKET WRAP Indian mkts ended upside. Nifty and Sensex up by 0.61% and 0.63% Asia Pacific market mixed. Jakarta up by 1.39% & Nikkei down by 4.22%. Wall St. dwn. USD

More information

Unit-Linked Insurance Plans Monthly Fund Update, July 13

Unit-Linked Insurance Plans Monthly Fund Update, July 13 Unit-Linked Insurance Plans Monthly Fund Update, July 13 ECONOMY ECONOMY S.No. Indicators May-13 M-o-M Variation 1 10-year G-Sec India (%) 7.25 7.46 0.21 2 10-year AAA Corporate Bond (%) 8.15 8.53 0.38

More information

JK Tyre & Industries Ltd.

JK Tyre & Industries Ltd. Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18. Volume No.. II Issue No. 177 JK Tyre & Industries Ltd. June 11, 2018 BSE Code: 530007 NSE Code: JKTYRE Reuters

More information

Product Labeling This product is suitable for investors who are seeking*: Riskometer

Product Labeling This product is suitable for investors who are seeking*: Riskometer Product Labeling This product is suitable for investors who are seeking*: Riskometer Long term capital appreciation. Investments in high growth companies along with the liquidity of an open-ended scheme

More information

Unit-Linked Insurance Plans Monthly Fund Update, December 11

Unit-Linked Insurance Plans Monthly Fund Update, December 11 Unit-Linked Insurance Plans Monthly Fund Update, December 11 ECONOMY ECONOMY Indicators Nov 2011 Dec 2011 M-o-M Variation 10-year G-Sec India (%) 8.74 8.57-0.17 10 year AAA Corporate Bond (%) 9.71 9.42-0.29

More information

Quantum Mutual Fund. Factsheets for the month of July, 2010

Quantum Mutual Fund. Factsheets for the month of July, 2010 Quantum Mutual Fund Factsheets for the month of July, 2010 Quantum Long Term Equity Fund An Open ended Equity Scheme 5 Star Rated by Value Research~ Fact Sheet as on 31st July 2010 Net Asset Value as on

More information

Performance of Equity Funds

Performance of Equity Funds May, 2013 # Pa performance may or may not be suained in future. Performance of Equity Funds Key Features: Large cap biased (70-100%)* wi midcap allocations (0-30%)* - Makes allocation attractive mid cap

More information

Equity Monthly Report

Equity Monthly Report 31st January 2018 In the month of January 2018, the S&P 11120 BSE Sensex and CNX Nifty rose 5.6% 11020 and 4.7% respectively. The indices have posted their best one-month pre-budget 10920 gain in 13 years.

More information

Daily Report Friday Oct

Daily Report Friday Oct URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 1 MARKETS AT A GLANCE INDIAN MARKETS INDICES VALUE CHANGE % CHANGE NIFTY 10124.90-99.90-0.98 SENSEX 33690.09-343.87-1.01 BANKNIFTY 24817.50-246.70-0.98

More information

We will show you the Way to Build Wealth

We will show you the Way to Build Wealth Weekly Market Recap & Insight Week of 25 th July, to 1 st August, Indian Markets Market Indices Review The Nifty was down 1.95 points at 8636.55 and the Sensex was down 48.74 points at 28003.12 on Monday.

More information

Daily Report Monday, June

Daily Report Monday, June URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 1 MARKETS AT A GLANCE INDIAN MARKETS INDICES VALUE CHANGE % CHANGE NIFTY 10696.20-39.95-0.37 SENSEX 35227.26-95.12-0.27 BANKNIFTY 26,692.80-236.40-0.98

More information

Daily Report Friday, Apr

Daily Report Friday, Apr URL: www.tradenivesh.com Call Us On : + 91-9039261444 Page: 1 MARKETS AT A GLANCE INDIAN MARKETS INDICES VALUE CHANGE % CHANGE NIFTY 100325.15 +196.75 +1.94 SENSEX 33596.80 +577.73 +1.75 BANKNIFTY 24759.8

More information

CONTENTS. page no. MARKET REVIEW HDFC Equity Fund... 5 HDFC Top 200 Fund... 6

CONTENTS. page no. MARKET REVIEW HDFC Equity Fund... 5 HDFC Top 200 Fund... 6 February 2017 CONTENTS page no. MARKET REVIEW... 3 HDFC Growth Fund... 4 HDFC Equity Fund... 5 HDFC Top 200 Fund... 6 HDFC Capital Builder Fund... 7 HDFC Core & Satellite Fund... 8 HDFC Premier Multi-Cap

More information

Equity Monthly Report

Equity Monthly Report October 2018 The Indian share market recorded its second consecutive monthly fall in Octo- 11000 Nifty-50 movement in Oct'18 ber18 amidst increasing foreign fund 10800 outflows, and concerns regarding

More information

CPSE ETF An Open Ended Index Exchange Traded Scheme [Rajiv Gandhi Equity Savings Scheme (RGESS) $ Qualified Scheme]

CPSE ETF An Open Ended Index Exchange Traded Scheme [Rajiv Gandhi Equity Savings Scheme (RGESS) $ Qualified Scheme] CPSE ETF An Open Ended Index Exchange Traded Scheme [Rajiv Gandhi Equity Savings Scheme (RGESS) $ Qualified Scheme] This product is suitable for investors who are seeking*: Product labels Long-term capital

More information

New Fund Offer Opens on February 18, 2019 New Fund Offer Closes on February 28, 2019

New Fund Offer Opens on February 18, 2019 New Fund Offer Closes on February 28, 2019 New Fund Offer Opens on February 18, 2019 New Fund Offer Closes on February 28, 2019 Offer of Units of Rs. 10/- each during the New Fund Offer and Continuous offer for Units at NAV based Prices 1 The next

More information

Reliance ETF Nifty BeES An Open Ended Index Exchange Traded Scheme [Rajiv Gandhi Equity Savings Scheme (RGESS) $ Qualified Scheme]

Reliance ETF Nifty BeES An Open Ended Index Exchange Traded Scheme [Rajiv Gandhi Equity Savings Scheme (RGESS) $ Qualified Scheme] Reliance ETF Nifty BeES An Open Ended Index Exchange Traded Scheme [Rajiv Gandhi Equity Savings Scheme (RGESS) $ Qualified Scheme] This product is suitable for investors who are seeking*: Product labels

More information

Knowledge Initiative

Knowledge Initiative 1 Knowledge Initiative Dear Patrons, Merry Christmas and a Happy New Year. We are pleased to share our monthly newsletter Knowledge Initiative for December 2015. We thank you for reading and acknowledging

More information

How much will your current lifestyle cost at 60?

How much will your current lifestyle cost at 60? (PROGRESSIVE PLAN) How much will your current lifestyle cost at 60? DATE OF ALLOTMENT November 01, 2011 BENCHMARK S&P BSE Sensex TRI (WEF From 1st February 2018) FUND SIZE Rs.547.64 (Rs. in Cr.) MONTHLY

More information

IFLR India Awards "Team of the Year" in the Indian Investment Banks category. Primary and Secondary Issuance Process

IFLR India Awards Team of the Year in the Indian Investment Banks category. Primary and Secondary Issuance Process IFLR India Awards 2011 - "Team of the Year" in the Indian Investment Banks category Primary and Secondary Issuance Process May 2012 Table of Contents Section 1 Section 2 Capital Markets Overview Trends

More information

Market Commentary. Debt Markets. Equity Markets. Change. Sensex (-0.19%) Nifty (-1.05%) INR/USD (Rs) Rs (0.

Market Commentary. Debt Markets. Equity Markets. Change. Sensex (-0.19%) Nifty (-1.05%) INR/USD (Rs) Rs (0. FUND FACT SHEET as of 30 th November 2017 Market Commentary Equity Markets Index Return Debt Markets Change Sensex 33149.35 (-0.19%) Nifty 10226.55 (-1.05%) IGB 6.79 (ONTR Yield %) IGB 6.97 (OFTR Yield

More information

CONTENTS. page no. MARKET REVIEW HDFC Equity Fund... 5 HDFC Top 200 Fund... 6

CONTENTS. page no. MARKET REVIEW HDFC Equity Fund... 5 HDFC Top 200 Fund... 6 April 2017 CONTENTS page no. MARKET REVIEW... 3 HDFC Growth Fund... 4 HDFC Equity Fund... 5 HDFC Top 200 Fund... 6 HDFC Capital Builder Fund... 7 HDFC Core & Satellite Fund... 8 HDFC Premier Multi-Cap

More information

PNB Housing Finance Ltd.

PNB Housing Finance Ltd. IPO Note: PNB Housing Finance Ltd. Industry: Housing Finance Recommendation: Not Rated Date: October 20, 2016 Company Name PNB Housing Finance Ltd. Issue Opens October 25, 2016 to October 27, 2016 Price

More information

Time to SIP in Banking

Time to SIP in Banking 14 March 2014 Time to SIP in Banking 1of 16 Bank Nifty bottomed out 2of 16 Source: Bloomberg Improving Macro Economic Scenario Economic growth close to bottoming out, with GDP rising 4.7% Q o Q. Q Current

More information

Market May See Profit Booking Ahead Of Fed Monetary Policy On 26th July. Results for the day

Market May See Profit Booking Ahead Of Fed Monetary Policy On 26th July. Results for the day * Monday, July 24, 2017 Market May See Profit Booking Ahead Of Fed Monetary Policy On 26th July Indian Market Outlook: Last Week Nifty Index made an all time high of 9928 and closed at 9915. Market is

More information

CPSE ETF. An Open Ended Index Exchange Traded Fund [Rajiv Gandhi Equity Savings Scheme (RGESS) Qualified Scheme] Product labels.

CPSE ETF. An Open Ended Index Exchange Traded Fund [Rajiv Gandhi Equity Savings Scheme (RGESS) Qualified Scheme] Product labels. CPSE ETF An Open Ended Index Exchange Traded Fund [Rajiv Gandhi Equity Savings Scheme (RGESS) Qualified Scheme] This product is suitable for investors who are seeking*: Product labels Long-term capital

More information

How much will your current lifestyle cost at 60?

How much will your current lifestyle cost at 60? (MODERATE PLAN) How much will your current lifestyle cost at 60? DATE OF ALLOTMENT November 01,2011 BENCHMARK CRISIL Hybrid 25+75 - Aggressive Index (WEF From 1st February 2018) FUND SIZE: Rs.733.18 (Rs.

More information

Flexibility that endeavours to give you the best of both Short Term and Long Term

Flexibility that endeavours to give you the best of both Short Term and Long Term Reliance Capital Asset Management Limited A Reliance Capital Company August 2015 Flexibility that endeavours to give you the best of both Short Term and Long Term Reliance Dynamic Bond Fund (An open ended

More information

STRIVE FOR BALANCE BETWEEN GROWTH AND STABILITY.

STRIVE FOR BALANCE BETWEEN GROWTH AND STABILITY. MAGNUM BALANCED FUND An Open-ended Balanced Scheme STRIVE FOR BALANCE BETWEEN GROWTH AND STABILITY. Invest in a mix of equity and debt with SBI Magnum Balanced. BALANCED FUNDS A Balanced aims to balance

More information

State Bank of India (SBI)

State Bank of India (SBI) Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17. Volume No.. II Issue No. 126 State Bank of India (SBI) June 23, 217 BSE Code: 5112 NSE Code: SBIN Reuters Code:

More information

ETFs are simple to understand and are transparent to track

ETFs are simple to understand and are transparent to track What is an 2 3 ETFs are simple to understand and are transparent to track Can be bought / sold like any other stock on the exchange (Where the scheme is listed ) through terminals Generally less expensive

More information

ETFs are simple to understand and are transparent to track

ETFs are simple to understand and are transparent to track What is an 2 3 ETFs are simple to understand and are transparent to track Can be bought / sold like any other stock on the exchange (Where the scheme is listed ) through terminals Generally less expensive

More information

How much will your current lifestyle cost at 60?

How much will your current lifestyle cost at 60? (MODERATE PLAN) How much will your current lifestyle cost at 60? DATE OF ALLOTMENT November 01,2011 BENCHMARK CRISIL Hybrid 25+75 - Aggressive Index (WEF From 1st February 2018) FUND SIZE: Rs.772.12 (Rs.

More information

ETFs are simple to understand and are transparent to track

ETFs are simple to understand and are transparent to track What is an 2 3 ETFs are simple to understand and are transparent to track Can be bought / sold like any other stock on the exchange (Where the scheme is listed ) through terminals Generally less expensive

More information

Mirae Asset Cash Management Fund

Mirae Asset Cash Management Fund Mirae Asset Cash Management Fund (An open-ended liquid scheme) 1000 31 October 2017 Refer page 4 for product labelling. FUND FACTS Key Features Mirae Asset India Opportunities Fund Mirae Asset Emerging

More information

How much will your current lifestyle cost at 60?

How much will your current lifestyle cost at 60? (PROGRESSIVE PLAN) How much will your current lifestyle cost at 60? DATE OF ALLOTMENT November 01, 2011 BENCHMARK S&P BSE Sensex TRI (WEF From 1st February 2018) FUND SIZE Rs.474.87 (Rs. in Cr.) MONTHLY

More information

WEEKLY REVIEW WEEK 42

WEEKLY REVIEW WEEK 42 10 OCTOBER 2011 WEEKLY REVIEW WEEK 42 INVESTMENT STRATEGIST MILAN BAVISHI Our Vision To be the most favored financial services provider for all categories of investors by offering them comprehensive Wealth

More information