India allows imports of 6500 tons of silver to meet festive demand and keep domestic prices in check
This is nearly 25% of the annual global supply of silver
Indian demands are now shaking world silver markets!!
#Investing#Silver#Gold#Diwali
A simple change can benefit you 15-20 lakhs in long term !!
3 reasons why Direct mutual funds are better than Regular ones
1. Lower expense ratio - Direct plans do not include distributor/agent commissions. Typical gap is 0.5–1% per year (sometimes higher in equity funds)
2. Same portfolio, higher net returns - Fund manager, stocks, and strategy are identical. You simply keep more of the returns because less is deducted as costs
3. Stronger long-term compounding - The small annual cost saving multiplies over decades, creating a large difference in final corpus
A simple example - for 20 years
Assume Rs 10 lakh lumpsum invested in the same equity fund generating 12% gross return before expenses
- Direct plan (expense ratio ~0.5–1% → net ~12%): grows to about Rs 96.5 lakhs
- Regular plan (expense ratio ~1.5–2% → net ~11%): grows to about Rs 80.6 lakh
Difference after 20 years: ~Rs 15.8 lakh more in the Direct plan - purely from avoiding the higher costs. The gap widens further with longer tenure or SIPs
Share this with your friends if you liked reading this and can help you save by choosing a simple better fund
#Mutualfunds #Directfunds #Investing #SIP
Comex reports came out showing managed money category at the lowest long position of the year. They sold short approx. 12,460,000 paper ounces or $685 million in notional value
All the while, Shares outstanding for SLV ETF (iShares Trust) at levels seen back in March of this year when the silver price was $30 higher
ETFs are buyers while Futures are sellers
This is probably last squeeze on sell side, and can spring up with unwinding for #Silver
Two critical elections in the next 10 days can move trillions in global markets
Israel votes first on October 27. The US follows right after with its midterms on November 3
How sanctions work ?
- Iran is selling diesel to Russia
- Russia then sells that diesel to US
- US then sells same diesel to Europe
Sanctions have worked the same way across ages
#IranWar#Sanctions
Swiggy Down 70% From Life High
Largest Mutual Funds in Swiggy
Funds: Number of Shares
1) Kotak Midcap: 4.13 Cr Sh
2) SBI Large & Midcap: 3.80 Cr Sh
3) Nippon India Multicap: 3.50 Cr Sh
4) Mirae Large & Midcap: 2.50 Cr Sh
5) Nippon India Largecap: 2.27 Cr Sh
5 Fund increased holding in September Itself
1) SBI Large & Midcap
2) Kotak Arbitrage Fund
3) Mirae Asset Midcap
4) SBI Midcap Fund
5) SBI Contra Fund
घाटा भी बढ़ रहा, फंड्स का निवेश भी बढ़ रहा
Infosys dipped to lower circuits of Rs 1038 today
Results after markets hours today
All IT major have done post results this quarter
Making any positions ?
#Infosys#TCS#HCLTech
SBI securities is offering to finance 60% of the amount needed to apply for the IPO of Jio through SBI Bank
Investors can seek funding upto Rs 10 Lakhs to apply for Jio IPO, with 60% paid by SBI Bank with IPO shares as collateral
#JioIPO#SBI