30 Jan 2013

Gold Petal

         Gold Petal is a one gram gold contract traded on Multi commodity exchange,India.Delivery is available in demat or physical form  for accumulation of 8 grams.It  is a good investment option for retail investors.They can  buy 1 gram gold futures contract with nominal margin money .Purity is 999 and approved by London Bullion market association(LMBA).

     Benefits
1.No Making charges or fund management charges.
3.Can trade in MCX from 10 am to 11.55 pm.
4.Need to pay only 5 %  initial  margin to buy the contract.ie; Margin of 1 gold petal is only Rs.140.So, it is the most cost effective way to trade in gold.
5.Can carry forward to the next month contract.
 Investors can avail this facility by opening a trading account with members of multi commodity exchange.

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29 Jan 2013

Why invest in Gold ETF ?

  

  India is the world's largest consumer of Gold.Wearing gold ornaments is part of our culture.Appreciation of gold over the periods make it a safe investment even in recessions. The Gold price has appreciated from Rs.245 on 1990 to Rs.2850 in 2012.Compounded annual growth rate of gold in Last 10 years is 18.75 %, which is at par with the stock market indices of India.
       Gold ETFs represent the value of physical gold.People can buy and sell it from exchange traded terminals of National stock exchange and Bombay stock exchange during market hours.Pricing is transparent and equal to 1 gram per unit of an ETF.No storage issue or fear of theft.Purity is also high as 24 carat.
     Gold ETFs are tax efficient,no Securities transaction tax or wealth tax.An investor of Gold ETF can save the Making charges of ornaments.Because,ETFs are in electronic form.Investor can buy and hold it in demat account.It is accepted as collateral of loans.Another benefit is the absence of entry and exit loads which is applicable in mutual funds.Asset wise,GoldBees leads with Rs.3334 crores assets under management.Next is RelGold with Rs.3040 crores AUM.
   Major Gold ETFs in India are  :  GOLDBEES, RELGOLD, SBIGETS, IPGETF,GOLDSHARE
  QGOLDHALF, MGOLD, KOTAKGOLD, IDBIGOLD,  BSLGOLDETF, AXISGOLD  &  HDFCMFGETF.
   

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11 Jan 2013

Rajiv Gandhi Equity Savings Scheme ( RGESS)

         Rajiv Gandhi Equity Savings Scheme ( RGESS) is a  tax savings scheme under section 80 CCG for new retail investors in stock market.The maximum investment under this scheme is Rs.50000.Annual income of the investor should be less than Rs.10 lac.Investor would get a 50 % discount of the amount invested from taxable income.Lock in Period is 3 years.
        Investor can invest by installments in the first year.Value of Stocks should be more than 50000 in subsequent years.Dividends are tax free. Investors should open a Demat account for RGESS and Buy eligible securities from the  indices NSE CNX 100,BSE 100,Maharatna & Navaratna PSU companies,and ETFs based on Nifty.

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9 Jan 2013

NIFTY Trend.

     Nifty Index is trading at 6000 levels now.Charts shows Sideways trend.Expect a rangebound market in the coming days.

 5900 is the strong support and 6100 resistance.
 If it breaks 6200 resistance level , market may go upto 6500.
 If it breaks 5900  support level,chances to touch the support 5700 and 5500.
  Expected Range of the Market in medium term is 5500 to 6500.
 Partial Profit booking will be a good strategy for short term investors.
 Buying at 5 to 10 % dips may give chance to gain in revival.Be cautious and invest with the help of technical indicators.

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4 Jan 2013

Rakesh Jhunjhunwala and Nargis fakhri: interview


    Rakesh Jhunjhunwala is the single largest investor in india, with an assets of Rs.6000 crore.He is called India's Warren buffet due to long term investing in stocks.He is a charted accountant by profession and started investing in 1985.His initial capital was Rs.5000.He made 3 times profit in Tata tea and continued it in Sesagoa.He primarily invested in small and midacap companies such as Titan,Crisil and Geojith etc.
  He is a strong follower of Value investing strategy and influenced by investors such as George soros and Mac faber.He manage his own portfolio and a partner in Rare enterprises.

 Rakesh Jhunjhunwala tells nargis fakhri  about his experience and passion of investing in indian equity market : Conversation on ET Now.


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3 Jan 2013

Stock ideas and Model portfolio for 2013.


               1.Financial Technologies
                2.HDFC Bank
                3.Indus ind bank
                4.Havells India
                5.Power finance corporation
                6.Tata steel
                7.IDFC
                8.Lupin
                9. L & T
               10. JP Associates

Disclaimer: Socks selected on the basis of financial performance of the company.But,do price analysis before investing.Equity investments are subject to market risk.

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Investing Tips for 2013

     Investing is an art of opportunities.At the same time, it is a game of risk and possibilities.All  investors have good and bad periods.Unnecessary anxiety and tension will affect your investment decision.Be calm,open minded and strictly follow these rules.


 1. Take full responsibility of your investment decision.Never complain any other person for your fall.Avoid to rely the recommendation of your friends or relatives.Use your brain always to evaluate the situation.
2.Dont invest borrowed money.Invest from your savings.
3.Control your emotions and keep balance even in adverse market conditions.
4.Start to invest small and test your wisdom and capability.
5.Do not follow the crowd.
6.Maintain enough capital.Smaller the capital,higher the risk.Small investors can choose monthly systematic  investment plans.
7.Build a portfolio of different assets as per your risk profile.Review it every month.
 But,do not switch frequently.
8.Analyse the past performance and future  potential.
9.Understand the general trend of financial markets
10.Fundamentals succeed on long term.So,Stick into good business which is increasing market share.

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