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Hi
I just started a Research Analyst Group and I’d love to have you as a member.
We offer accurate news and views that impact your investments. Our views are backed by extensive research. We believe in empowering you with accurate research, to help you make informed investment decisions.

Our focus will be to give quality calls and not quantity. Once you receive the calls you can act on yourself with assigned stop loss & target.

https://t.me/fundmonk1

Request you to please Join So We can be able to serve you better.

Note – I don’t Run Any Paid Advisory or Not take any Single Money From clients.

Disclaimer - This Channel owner Is Not SEBI Registered.

There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views. You are advised to rely on your judgment while Trading

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FundMonk

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A financial plan is a document that allows you to map out the life you want and how to get there.

It sounds complicated, but don’t worry. We’ll break it down so you know exactly what to expect when making your own financial plan.

To Know more about financial Planning just get in touch with us.

Thanks and Regards

Ajay Metha

Today's Calls Update

“Financial fitness is not pipe dream or a state of mind it’s a reality if you are willing to pursue it and embrace it.”

― Will Robinson

Hi Everyone

Before buying any insurance product ask yourself that wether it will bet inflation rate or not.

Choose policy wisely.

For any help or information you related to financial planning get in touch with me.

Thanks and Regards
Ajay Metha
8425820208

Fundmonk Financial Planning, Stock Market Investment Ideas, Mutual Fund, Insurance and Claim Settlement. Etc.

Client appreciation made my day

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आपल्या सर्वां साठी मी एक Telegram ग्रुप आणि channel चालू केले आहे.
ह्यात मी स्टॉक मार्केट Related माहिती देणार आहे तरी माझी Request आहे कि तुम्ही नक्की जॉईन व्हा आणि मला सपोर्ट करा .
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Must read

Your personal brand is a promise to your clients… a promise of quality, consistency, competency, and reliability

May Guru Nanak Dev Ji inspire you to achieve all your dreams. May you be showered with eternal peace, good health, wealth, happiness and prosperity

“In trading/investing, it’s not about how much you make but rather how much you don’t lose.” - Bernard Baruch

Nine investment Traits
• Goal-based investment
• Following a disciplined approach
• Staying away from debt
• Budgeting wisely
• Reviewing portfolio
• Updating emergency funds
• Improving financial knowledge
• Diversifying funds
• Topping up investments

you can reach me on 8425820208

IPO Market:

Today is the listing of two new IPOs i.e. Mazagon Dockyard and UTI AMC.

Going by the current traction in the grey market, the Mazagon Dockyard is all set to make retail investors rich again after a bumper listing gain in the Happiest and Route IPOs last month. However, retail investors need to be cautious, as HNIs who mostly apply in IPOs by borrowing money, are in trouble. Due to the very high subscription in the HNIs category, their cost per lot is coming at Rs.150 per share. It means, if the Mazagon Dockyard IPO does not give a listing gain of more than Rs.150 per share, the HNIs will be in loss. Currently, the GMP is at Rs. 103, so they are already in loss of ~Rs.47 per share. So, in our view, there would be a high probability of big selling on the listing.

For UTI AMC, the market is expecting a discount listing. In spite of giving the attractive price band, UTI AMC failed to garner investors' support.

In this month, one more IPO i.e. Equitas Small Finance Bank is going to list in the bourses. Please check some of our tweets on the Equitas Small Finance Bank.

Thanks and Regards
Ajay Metha
8425820208

5 Rules of Money

The 5 rules of money are

- split savings from spending,

- build an emergency fund,

- insurance is not investment,

- get real about real estate as this cannot be the only asset class that you should invest in, and - give your money an equity exposure.

In addition, whenever any product offers stupendous returns without much risk, you must dig deeper to find out if there is anything fishy

On having equity exposure, some people misunderstand this to buying direct stocks. Remember mutual funds are a well-regulated product where experts having domain knowledge and organizational support take care of money. In contrast, if you invest in direct stocks you should do it only if you have the time and knowledge to do it

Fundamentally sound stocks are available at inexpensive valuation: S Naren

https://www.business-standard.com/article/markets/fundamentally-sound-stocks-are-available-at-inexpensive-valuation-s-naren-120070500691_1.html

Fundamentally sound stocks are available at inexpensive valuation: S Naren "Investors have realised the trouble in the debt markets is not systemic and it has been business as usual for fund houses with good quality underlying debt paper," Naren said

Thread on Stamp Duty on Mutual Funds

From i.e. 1st July20, Stamp Duty will be applicable on MFs

This thread will answer Qs on impact of this on ur MFs

First How much?
For all Purchases in MFs, u will pay stamp duty of 0.005%
i.e. Rs. 5 for every Rs. 1 lac invested

Q: When u say I have to pay stamp duty, how will I pay?

Ans: When u purchase a MF, Stamp Duty will auto-deducted and paid to govt. U don't hv to do anything

For eg: if u invest 1 lac in any MF, the RTA (CAMs or Karvy) will deduct Rs. 5 (0.005%) as Stamp Duty from this

Q: When I sell MFs, will stamp duty be applicable?
Ans: No. Only when u purchase MFs,

Q: Is it applicable on my existing MFs also?
Ans: No, it is only on fresh purchases from today. Existing units, no impact

Q: On SIPs?
Ans: Yes on SIPs too

Q: On STPs?
Ans: Yes

Q: My SIP started 2 years back, so will I still pay Stamp Duty
Ans: Yes, for all buy txns from today. SIP is a purchase.
So for ur SIP instalments from today - irrespective if u started SIP before - Stamp Duty will be levied

Q: So should I stop SIP?
Ans: Noo !!

Q: For STP - Explain in detail

For eg: First say I put 1 lac in liquid fund and from their shift 10k every week to equity fund

First stamp duty will be charged on 1 lac
Then everytime 10k shifts to equity - since it is purchase of equity fund - u pay again stamp duty

Q: For Switches?

Ans: Same rule applies. Everytime u switch, it is considered as a buy in the Switch-in scheme

Q: Isn't this double Stamp Duty?
Ans: No. Switch or STP is just a simple mechanism to help txn. It is a sell and buy

Q: But is it only for Demat mutual Funds?

Ans: Stamp Duty is for both kinds of units - Demat units also and normal account statement units also.

Q: I buy DIRECT mutual funds? For me will I pay stamp duty
Ans: Yes, even if u buy DIRECT MFs

Q: I buy on Fund House website, Will I pay Stamp Duty?
Ans: Doesn't matter where u buy from, Stamp Duty is applicable

Q: But I don't buy on Stock Exchange, will I still pay Stamp Duty
Ans: YESSSS! Pls understand from whereever u buy MFs, u will pay it

Q: So will Stamp Duty reduce my returns?
Ans: U pay 0.005% as Stamp Duty. That is a negligible amount. If u are a long term investor - there is no significant impact. Don't worry

Q: Which types of MFs - Debt also or only Equity MFs?
Ans: On all kinds of MFs

Q: So for liquid funds, overnight funds also ?
Ans: Yes all kinds of MFs

Q: For ETFs?
Ans: Yes on ETFs also

Q: FMPs, Close Ended Funds?
Ans: Yes

Q: Can u pls give example?

Ans: Let's say u invest, Rs. 1 lacs in a fund with NAV of Rs. 20
Earlier u would have got 5000 units (1 lac/20)
Now u will get 4999.750 units. ( 1 lac - Rs. 5)/20
So it marginal impact

Q: If I invest 1 lac, I will now get units for 99,995
For purposes of tax calculation i.e. LTCG or STCG what will be my cost of acquistion
Ans: No Change
Earlier: Cost 1 lac
Now: Cost 1 lac (Stamp Duty is considered and included as ur cost of acquisition)

A investor who doesn’t know much about investing in mutual funds should seek the help of a mutual fund advisor. It is very tempting to take care of your investments on your own. However, it is not an easy task. Apart from the sound knowledge about mutual funds and basics of investing, you should also have the time and discipline to take care of your investments

Are you new to mutual funds? Do you understand the basics of mutual funds and investing? If no, you should consider seeking the help of a mutual fund advisor. Many new investors need a lot of hand-holding in the initial phase of their investment life. Many of them panic and discontinue their investments when the market gets into rough weather. Only a mutual fund advisor near you can guide you through such phases with personalized advice

What I offer –

 Financial Planning
 Goal Base Planning
 Portfolio Review
 Investment Suggestion
 Online Platform
 Personal Attention


So for more information get in touch with me.

Thanks and Regards
Ajay Metha

How to build a Quality portfolio -

To understand how to build a portfolio, we need to understand what the term means and what it implies. This is necessary to understand what role a portfolio plays.
Contact me on - 8425820208

Prashant Jain’s investment tip: Don’t look at PE multiples this year, go by financials

Read more at:
https://economictimes.indiatimes.com/markets/stocks/news/prashant-jains-investment-tip-dont-look-at-pe-multiples-this-year-go-by-financials/articleshow/76027295.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Prashant Jain’s investment tip: Don’t look at PE multiples this year, go by financials “Investing is about right understanding and it needs a lot of patience,” Jain said.

Top questions on investors' minds

Here are some top questions:

Should I discontinue my SIPs?
Short answer: No

By their very design SIPs help you invest across market phases. This helps you average your investment cost. Your SIPs in the current times will help you lower your overall investment cost, thus boosting your returns over the long term.

Should I start an SIP?
Short answer: Absolutely

Any time is a good time for starting your SIP. You don't have to wait for a downturn. If you do, you may have to wait for long, which may result in a lost opportunity. By their design, SIPs help you average your investment cost. So waiting for the right time to start them is pointless.

Should I invest a lump sum?
Short answer: No

In equity, never invest lump sums as you won't be able to benefit from market lows. In the current phase, if you invest a lump sum and the market falls further, you won't be able to benefit from the fall. Hence, invest through SIPs. Spread your lump sum across six to 12 months, depending on its size.

Remember asset allocation is key
In times like these, it's tempting to tinker with your asset allocation. Loss-averse investors may want to shift to debt. Risk-seekers may want to increase their equity allocation. Both actions should be avoided. Your asset allocation is meant to help you fulfill your financial goals while also right-sizing the volatility in your portfolio. Playing with it can derail your portfolio and financial goals. Re-balance your portfolio as per the decided asset allocation. In the current scenario, your equity allocation will have dipped with respect to your debt allocation in the overall mix. It's time to restore the balance by shifting from debt to equity.

Finally, keep your emotions in check
The ongoing market volatility can put your emotions on a roller coaster. The lock-down can exacerbate the situation as you will have more time to follow market movements. Hence, it's all the more important to keep yourself detached from the market. Avoid checking your portfolio too often. Insulate yourself from financial media. If you don't have much to do, read good books, watch your favorite movies or redevelop a lost indoor hobby.

And yes, don't forget to stay safe.

Top investment options for senior citizens

Contact me - 8425820208