For govt employees, #NPS could change forever.
Courtesy, a move by the Andhra Pradesh (AP) govt.
The state plans to bring a GUARANTEED PENSION SCHEME for its employees using NPS.
Reportedly, this move has prompted the Central govt. to look into the AP model.
A 🧵
On #WorldHeartDay, here’s a look at India’s heart health
-Indians get heart issues 10 yrs before Americans
-Stark rise in heart attacks among Indians in their 20s & 30s
Yeah, we’re not as healthy as we think
And, here’s why getting a health plan early is the right way to go👇
Check the links:
Quant Small Cap
https://t.co/c9c1hQZAym
Nippon Small Cap
https://t.co/ORLTkxDtbr
Axis Small Cap
https://t.co/8VuOHeSJyN
SBI Small Cap
https://t.co/zbMA8TPqik
ICICI Pru Balanced Advantage is bigger than any actively-managed equity fund.
AUM = ~Rs 48,000 crore.
What makes it so popular?
It can defend like Dravid & hit big like Ganguly (if not Sehwag).
So, less risk & “good” returns.
We review its performance & strategy.
A 🧵
.@quantmutual Fund’s schemes have topped the charts in 2020, 2021 & 2022.
So, the fund house’s views on stock markets are hard to ignore.
Hence we went through its 2023 outlook.
Here are 5 interesting insights from the report.
Its prediction on NIFTY 50 will surprise you
A🧵
Small-cap funds are supposed to be riskier than large-cap.
But SBI Small Cap is an outlier.
It’s the best-performing small cap fund over the past 10 years. Yet, it has offered better downside protection than NIFTY 50.
A 🧵on its performance & the secret behind its success.
The latest Sovereign Gold Bond (SGB) issue is open till Mar 10.
You can buy 1 gram (or 1 unit) of SGB at Rs 5,561.
But there’s a cheaper alternative.
You can buy previous issues of SGBs on #stock exchanges at a 5-6% discount. (Check image)
Should you buy them?
A 🧵
A company that is posting highest ever profit and revenue and has the reasons to post even higher profit in near future, would touch life time price again; and that also very soon.
Home Work; make a list of that.
Learning is the key.
A simple hack helps you save tax on #stocks and #mutualfunds.
Here’s what you do:
- Sell your investments
- Book profits & losses
- Repurchase immediately
This is called Tax Harvesting
A 🧵on how it’s done.
SBI’s 1-year fixed deposit offers 5.75%.
But if you extend the tenure by just 35 days, you can get 7.1% (for a 400-day FD).
At first, it may look irrational.
But there’s a logic to it and a really smart one.
Let us explain.
A thread🧵