NK Finserv

Money isn't everything.

But, the lack of money can destroy everything.

We are excited to announce the launch of our website www.nkfinserv.in

We have been hard at work to create a one stop solution for all your financial goals.

Follow us for Unique & Informative Content on Personal Finance, Investment Options & Tax Planning!

Instagram -
https://instagram.com/nkfinserv?utm_source=qr&igshid=MzNlNGNkZWQ4Mg%3D%3D

Facebook -
https://www.facebook.com/nkfinservv?mibextid=ZbWKwL

Twitter -
https://twitter.com/nikhilkalraa?t=Xnd99WbEobp7zIZ0pmCByg&s=09

Welcome To NK Finserv Mutual Fund Distributor Website

We are always told that the Purpose of Equity Investing is *Buying Good Companies*

But from where do we buy good companies?

Naturally it is the Stock Market

So what is the Stock Market?

The Stock Market is a place representing the collective Sentiments of either Greed & Fear of the Participants

If the company is fairly priced at
Rs 100, the Greed of the Market can soar the Prices to illogical levels of say Rs 500

Now at Rs 500, even a Good company can become a bad investment

People who had invested in Infosys in early 2000s, never made returns for over a decade

An investor who had invested in Infosys on August 1, 2000 and held onto the stock until August 31, 2012 would have incurred a loss of 15.62% (assuming reinvestment of dividends)

So before we Invest even in Good Companies we need to ascertain the Valuations etc

Hence Mutual Fund Sahi hai, because the Fund Manager looks into stuff that we have no idea about

*If you see the situation today, the Market Growth is trailing the Earnings Growth*

This is the Right Time to Invest in Equities

But our Heart 💖 keeps us away from Investing due to *Recency Effect*
ie Equity Stock Prices have remained subdued over the Past Year and *Sentiments are down , the heart ❤️ is feeling a little low*

We need to be mindful of the Earnings Growth because that is the Rational Factor (RF)

The Market Growth represents the Emotions of the Collective Market and is the Emotion Factor (EF)

Being Educated & Mindful about the Rational Factor(RF) & Emotional Factor (EF) in Equity Investing will help in Equity Investing.

Follow your Head and not your Heart is the Message of this Morning.

Some parts of India are celebrating Holi today.

We wish them a very happy Holi🎨

Have a great day!!

Warm Regards
NK Financial Services

Hi everyone!

With reference to the SEBI Circular dated July 29, 2022 on “Implementation of mandatory requirement of Nomination for Mutual Fund Unit holders” it has been observed that some of your investors have not availed the nomination (opt in or opt-out) facility i.e., Nomination or declaration of “Do Not Wish to Nominate” is not registered in the folio across all their investment(s) in Mutual Fund.

Effective from October 01, 2022, it is mandatory for all unitholder(s) to submit either the nomination form or the declaration for opting out of the nomination. In case of existing individual unitholder(s), who have not registered their nomination / opting out of nomination, before March 31, 2023, their folios will be frozen, for any debits including redemption.

Hi everyone!

This is to inform you that with reference to the regulatory guidelines on “Nomination for Eligible Trading and Demat Accounts”, it is now mandatory for all Trading/ Demat account holders to update the nomination details by either registering the details of your nominee or opting-out from providing the nomination details.
In case you do not register the nominee details or provide declaration for opting out of nomination, before 31st March 2023, your trading/ demat account will be deactivated.

New year calls for new beginnings! ✨

Let's begin this year with renewed fitness goals, a fresh bucket-list of experiences, commitment to looking after our mental health, and a new outlook to living a stress-free life!

NK Financial Services wishes you a Happy & Prosperous New Year!

Did you know your creditors have first right over the death benefit of your life insurance policy. But you can change it with the help of MWPA!

Let me help you with it!

MWP Act

INDEX FUND WITH THE LOWEST TRACKING ERROR (September, 2022)

Based on September 2022 data shows that SBI Nifty Index Fund, UTI Nifty 50 Index Fund, HDFC Index S&P BSE Sensex Fund, Navi Nifty 50 Index and HDFC Index Fund Nifty 50 Fund have the lowest tracking error among 50 index funds.

Among midcap focused index funds, Aditya Birla Sun Life Nifty Midcap 150 Index Fund has the lowest tracking error of 0.13. Similarly, in small cap space, Aditya Birla Sun Life Nifty Smallcap 50 Index Fund has the lowest tracking error of 0.14.

In the flexi and factor space, Motilal Oswal Nifty 500 Index Fund and Nippon India Nifty 50 Value 20 Index Fund have the lowest tracking error.

Some of the rules before investing in SIP of Mutual Funds

1. Investments should be goal oriented like wealth creation, child education, retirement etc..etc

2. After knowing the Goal check with some calculation of returns.

3. Make a risk analysis

4. Then go for the funds and schems to invest

5. Don't select the funds directly that may not create a good returns

Most of the Indian Senior Citizens die rich but they do not live rich.

The younger generation is moving away from Real Estate, whereas the Seniors are still engrossed emotionally in Real Estate.

The Seniors have built houses not only for themselves but also for their children, and even for those who have settled abroad or outside their home state.

The next generation is least interested in these houses. They have no time to look at these gigantic properties. The next generation is very asset light.

One such Senior Citizen died at the age of eighty five. His wife had already passed away a few years ago. One son lives in London and the other one lives in New Zealand. They have the nationality of those countries. Neither was interested in the house their father had built when they were younger.

The father had written a Will before his death to divide all the property equally between his two children. The sons did not have the time or the inclination to get the property transferred in their names and then sell it. Both of them made a power of attorney to sell the property in someone's name. Thereafter the proceeds from the sale of the property were sent to their home country.

Our second traditional investment is in Gold and Silver items. Investing in Gold and Silver is often very emotional. This is done in the form of ornaments for daughters-in-law or for grandchildren, instead of buying pure gold.

The new generation often does not like old fashioned jewellery items. As such, they are broken down into new designs. It goes back and forth. The new generation prefers to wear imitation or fake jewellery rather than genuine jewellery.

In some countries, gold is kept in pure form as an investment and a very little quantity in jewellery items.

The third emotional investment is children's higher education.

Occasionally, senior citizens take out loans for their children's higher education by cutting down on their hobbies/needs. When the children get jobs, they pay off those debts but in some cases the parents have to repay these loans.

Going beyond this, some Seniors are investing in policies or other investments to facilitate education for their grandchildren.

Taking out a loan for children's education is understandable but why invest in grandchildren's education now, especially when your children have already started investing in SIPs for their children's higher education?

What is our mindset? We don’t want to ask for any financial help from our married children but we feel that taking care of our grandchildren is our responsibility! You thought about your children when they were growing up. Why are you now thinking of your grandchildren in your old age?

Your lifespan is increasing. Your costs are rising. Think about it. Do not forget your own pleasure while thinking of others. Live life for yourself. It is rightly said that most Indians spend miserly all their lives and make the next generation rich.

So, If you are over 60, and are now 65 due to the fact that life expectancy has increased a little, live your life well. Spend on your hobbies and fulfil your Wish List, so that you live rich and don't just die rich!

Credit scores are calculated by the credit bureaus in the country after taking into consideration several factors like the length of your credit history, repayment records, credit inquiries, among others.

When you apply for a credit card or a loan from a bank of NBFCs, having a higher credit score may entitle you to receive further benefits such as a higher loan amount, lower interest rate and your choice of tenure to repay the loan.

A real estate investment trust is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers & hotels.

The NCB is given as a way to award the Car Owner for not having any claims. The award on your old car can be transferred if you purchase a new car.

Ladies & Gentlemen, here's our honest price-chart.

Make the decision wisely while applying for a home loan.

The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act)

Don't wait until it's too late!