🔰 Ukraine’s drone attacks on Russian refining operations are driving up oil prices. These attacks have resulted in the shutdown of approximately 7% of Russian refining capacity, equivalent to about 370,500 barrels per day. ❗ Global Per day oil consumption is nearly 97 Million Barrel per day. 🔰 Compounding this disruption is decreased output from […]
🔰 Citing India’s stellar performance in 2023. Moody’s raises India’s GDP Forecast for 2024 to 6.8%. Earlier they projected it to be at 6.1%. A big shift. 🔰 India will remain the fastest growing large Economy for the next 2 years. I see this growth even prolonged for this decade, as China continues to Struggle. […]
🔰 There is a spree of NFO (New Fund offer) being rolled out from MFs. This is after a SEBI mandate that a fund house can only have one fund in a particular category. 📯 Fund houses create a lot of buzz around it to garner as much funds as possible. And with so much […]
🔰 The Budget for 2024-25 sets a tone of balanced growth despite fiscal consolidation (a government policy that aims to reduce deficits and debt). 🔰 The budget aims to adhere to financial discipline but at the same time focuses on higher capital outlay. KEY POINT: 1.Undivided focus on Capital Investment. 2. Income Tax Slabs remained […]
India is set to become the third-largest economy by 2030 and will be the fastest growing economy in the next three years.- S&P Global- Global Credit Outlook 2024- Report. What returns should investors Expect from Equity Markets? Markets are the reflector of the Real economy, and here I mean by ‘Real’ is the Nominal GDP, […]
🌟 As 2024 dawns, it’s a special milestone for SNMA—10 incredible years! 🎊 Thank you for a decade of trust and unwavering support. 🙏 Here’s to the journey ahead and the continued success we’ll create together!
Stability with Superior Performance, Multi-Asset Funds juggle between different Assets Like Equity, Debt, Gold, and others to generate superior risk-adjusted returns. ICICI Pru & Kotak Multi-Asset funds have been able to beat benchmarks Like SENSEX (100% Equity) by smartly moving within these assets and keeping the Average Equity Exposure low at 45%-60% range. My article on Multi Asset Funds was published […]
RBI has introduced an innovative centralized platform called UDGAM (Unclaimed Deposits – Gateway to Access Information). It allows you to explore unclaimed deposits across various Indian banks through a unified interface. Its primary objective is to centralise data from different banks, which will make it easier for individuals to search and retrieve their forgotten deposits. PSUs […]
Large & Mid Cap Fund: A Worthwhile Option for Equity Investment Given the current economic uncertainties amid global challenges relating to political developments and rising tensions across the world, the markets witnessed extreme volatility in the last one year. This is expected to continue in the short to mid-term. But the fact is that India […]