Safest Investment with high returns in India
Never depend on a single income, invest to create a second source “Warren Buffet” In a nutshell, this implies if you don’t make money while sleeping, you will have to spend your entire life working. Worried? Don’t know where to invest? Always remember the first rule of Safest investment is not to lose and the second rule is to not forget the first rule. ...
Equity Market Outlook – The Road from here…
We are in the profession of fund management and not in the business of fund management. We at Fintoo believe in the philosophy of keeping the client’s interest first and doing what is right for the client even if it means a loss of short-term business opportunity. For the past few months, we stayed by this belief and encouraged our clients to refrain from lumpsum investment as we anticipated...
Understanding Insurance Premiums
It would be apt to say that insurance has become one of the most important necessities in the modern form of life. With rising insecurities about various accomplishments of life, insurance provides a much-needed relief in terms of assurance. It has also quickly become one of the components that employees receive now. It is also one of the most crucial financial decisions that one needs to...
Indian Chemical Industry Analysis for 2022
Chemical industry has been one of those industries who have not only survived through the pandemic, but have grown instead. The chemical industry across the globe has grown leaps and bounds in the past couple of years. From the entire global chemical industry, currently, China’s share is approx. 25% and India’s share is limited to approx. 4%. Compared to China’s approx. 18% share in...
GST Changes in India
Goods and Service Tax was a landmark act passed in the Parliament on 29th March 2017 and brought into effect on 1st July 2017. It was brought in order to unify several direct and indirect taxations while bringing in a comprehensive destination-based tax that supports federal tax contributions. In simpler terms, GST brought all the indirect taxes under one umbrella for the entire country. It...
New Age IPO Post Market Correction
The unstoppable bull run between 2020-21 got the attention of everyone related to the stock market as well as almost everyone not related to the stock market too. Almost everyone wanted to take maximum advantage of the ever-rising market including the companies. Thus, 2021 witnessed one of the longest lists of companies launching their IPO. The market, which was believed to be...
Gold ETF – Features, Investment Process, Tax Efficiency
Indians have a long but not lost history with gold. Indians are well known to pass on their gold jewelry from one generation to another. It has a deep-rooted significance that allures people into buying more of it. With this thought in mind, a Mumbai based mutual fund house, Benchmark asset company launched, the first-ever gold ETF (Exchange Traded Fund) known as Gold BeES on NSE (National...
Balanced Advantage Fund Should You Invest
Balanced Advantage Fund or Dynamic Asset Allocation Fund belongs to the category of Hybrid Mutual Fund Schemes. These funds primarily invest in asset classes like Equity and Debt. Advantages Of Investing In BAF The prime advantage of investing in the Balanced Advantage Funds or Dynamic Asset Allocation Funds is that the fund manager can keep changing the allocations based on the market...
5 Things You Should Know Before You Start Your Investment
Investment is crucial for everyone because investing can be used as allocating resources with an expectation of growing personal wealth and earning a profit in the future. It involves purchasing assets that see steady growth over a period of time. In this returns are earned through regular income and capital gain. In order to make the most out of investing one needs to have a clear goal in...