Anil Ambani got two settlements; 49,000 crores due to 53 banks settled for 92 paise per hundred rupees, and 10,000 crores settled for 35 paise per hundred rupees. And now Subhash Chandra of Zee Media has settled 22,000 crores for 6.5 crores. The Bombay High Court quashed the FIR against Indiabulls and its associates for fraud and money laundering because the complainant's hands are unclean. On the other hand, the courts, including the SC, decline relief to MSMEs, which the Parliament has ordained, giving wholly untenable reasons. Poor people falsely accused of ordinary crimes languish in jail, their bail applications not being taken up for hearing for months, while fancy PILs of celebrity lawyers are liberally entertained. The Bar is silent; so too the Government and the Opposition. What is the remedy, other than for us, the common man, to raise our voices?
Dear Law Minister @arjunrammeghwal, Home Minister @AmitShah ji, everything else can wait. Please BAN these killing speakers immediately and save India. Many people are dying, losing hearing, panic attacks and mental breakdown because of these Music Towers played on roads. Everyone deserves ease of living.
Flood? Army.
Earthquake? Army.
Terror attack? Army.
Child in borewell? Army.
Riots? Army.
But for ribbon cutting?
Actors & politicians.
Whether it’s war or weather, the Indian Army always shows up.
Maybe it’s time we invite them to the celebrations too.
अभी कुछ दिन पहले ये वीडियो किसी ने मुझे whatsapp पर फॉरवर्ड किया था।
#KOTA से बच्चों की आत्महत्या की दिल को बैठा देने वाली खबरों बीच यह संदेश हम सब के लिए कितना ज़रूरी है।
In 2010, two brothers changed the way Indians trade and invest in the stock market
After making Zerodha a billion-dollar startup, all bootstrapped,
one of the brothers is now disrupting another industry
Here’s what Nikhil Kamath is building at his new startup True Beacon:
True Beacon is a hedge fund. So, let’s first understand what a Hedge Fund is:
A hedge fund is a bunch of serious suits & tie Joes managing a pool of money. They use different techniques to get their investors maximum returns.
Simple right? Not so much...
It’s not like a mutual fund where everyone can invest. It’s only meant for High Net Worth individuals and professional investors who know what they are getting their money into.
Also, it’s not regulated by the SEC in the US so these Joes have a pretty free hand.
In India, they are slightly less regulated.
Actually, in India, there are no Hedge Funds as per se, they are called Alternative Investment Funds (category 3)
How is Nikhil Kamath’s True Beacon different?
First: they don’t charge a management fee, annual fee or anything like that.
Their model is pretty simple: Unless they make you a return, they are not going to make any money themselves.
If they generate profits, they charge a 10% performance fee from the profits. Simple transparent system.
Usually in Hedge funds because the returns are high, they charge a high fee.
There’s a management fee (usually around 2%) for managing your money.
Second is the performance fee (around 20%) which is a percentage of the profits they earned for you.
Nikhil did a "Zerodha" again here
Also in True Beacon, there’s liquidity and no exit fee. Meaning you can invest, and exit anytime you want.
This isn't a common thing in most Hedge Funds...
Don’t let the name deceive you!
These were only meant to “Hedge” your money earlier (Hedging means protecting).
Now Hedge funds are all about swooshyyyy profits and high risk.
How do hedge funds generate these returns and how do they earn?
Hedge funds do a lot of complicated finance stuff😂
They invest, trade, do futures & options and what not.
The crux is they take leverage over their client’s money to increase their total earning amount.
A hedge fund manager is basically incentivised to generate a higher return for her clients.
A mutual fund manager gets a cut from the money under his management, not the profits.
A hedge fund manager gets a percentage of the profits.
That's why a hedge fund is different from a mutual fund. The incentivised manager would make sure you get more profits.
We took the example of True Beacon to explain Hedge Funds. Hope you liked it❤️
If you liked this read, do ReTweet🔄and follow us @FinFloww
for more such reads every Monday, Wednesday, and Friday!
Hon’ble Prime Minister Sir @narendramodi & Ministry of Labour and Employment @byadavbjp Ji | @PMOIndia@LabourMinistry
Sincere Request to Take Notes of Such Incident, Salaried Class Working in Private Sectors Need Better Laws & Reforms
Diabetes!
India has 77 Milion Diabetics, second highest in the world!
Diabetes is a lifestyle disease that can be caused by many factors such as stress levels etc.
A thread🧵on what is diabetes,the types of diabetes and the lifestyle changes needed for diabetics
Lets go👇
10 Clever Personal Finance Rules that will help u save more.
1) Rule of 72
2) 100- Age Rule
3) 50-30-20 Rule
4) 1st Week Rule
5) 6X Emergency Fund
6) 20X Term insurance
7) 40% EMI Rule
8) 2X Savings Rule
9) 3*3*3 Plan
10) 25X Retirement Rule.
#PKBOLA Explains👇
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