Thursday, June 27, 2019

Everyone wants a tax cut this Budget: Here’s what’s feasible

THE ECONOMIC TIMES
Thu, Jun 27, 2019 | 11:36 PM IST

ET Investment Opportunities

Everyone wants a tax cut this Budget: Here's what's feasible

Finance Minister Nirmala Sitharaman has a daunting task to keep everyone happy.

MFs' midcap bets rising cautiously; smallcaps still a no-no

Nifty Midcap 100 has shed 16% since February 2018 while Nifty Smallcap100 tanked 30%.

LTCG tax relief in Union Budget? D-St hoping against hope

Hope the govt would take a relook at LTCG tax on listed shares and remove it completely.

Investors in 60% tax bracket; Budget must not add to the burden

The government must be looking at some place from where it can fulfil these aspirations.

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Will India Thrive in the Fourth Industrial Revolution?
Empirical evidence shows us that SMEs tend to suffer the most from onerous regulatory compliance requirements imposed by governments.

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Why do Indian businesses prefer to remain small?
UNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability.

Top Mutual Funds
SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%)
Axis Bluechip Fund Direct Plan-Growth 1.63 12.55 12.51 17.67
Mirae Asset Large Cap Fund Direct- Growth 0.07 10.26 14.34 17.42
JM Core 11 Direct Plan-Growth -0.40 10.83 9.86 17.19
Reliance Large Cap Fund Direct-Growth -2.62 9.77 15.50 17.12
Mirae Asset Large Cap Fund Regular- Growth -0.03 9.65 13.17 16.44
FeaturedDSP Equity Opportunities Direct Plan-Growth
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-0.59 7.34 6.44 14.32
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Vaibhav Sanghavi on why he is avoiding midcaps now

Shorter-term events can keep the market volatile, says the Avendus Capital Co-CEO.

If the economy holds up, fish for midcaps, smallcaps: Mihir Vora

"We are positive on both the retail as well as the corporate-oriented private sector banks."

Brent crude may fall towards $60 level if Iran-US tensions ease

Iranian oil exports remain at historic lows as Tehran is shunned by global refiners.

Paathshala: Don't put money in NFOs just because NAV is Rs 10

There are several new fund offers open for subscription to investors after the regulator came out with norms on categorisation and rationalisation of mutual fund schemes.

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The enablers: These changemakers are helping millions, breaking barriers
Across India, with their set of unique product offerings, many new age, tech-led players such as Payworld, ShopX and Shiprocket are playing an enabling role for MSMEs.

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Debunking 7 myths about working moms

Video: Aashish Sommaiyaa says FM won't have much to give

As Nirmala Sitharaman prepares to deliver her maiden Budget Speech on July 5, investors wonder that with too many things on her plate already, will it be a market friendly budget? All eyes are set on whether the retrograde LTCG tax will be removed or hiked. Experts hope she maintains fiscal prudence, as she tries to get the economy back on growth path. Ami Shah of ET Online in conversation with Aashish Sommaiyaa of Motilal Oswal Asset Management Co. Ltd.

In Pics: What's making the yellow metal glitter

A confluence of factors has driven gold prices to a multi-year high. Along with crude, gold is the soft underbelly of the Indian economy, thanks to the lure of the yellow metal.
ET looks at the implications for India.

Initial Public Offer (IPOs)
IPO Name Offer Price Band Open Date Close Date
 
Alumilite Architecturals Ltd. 30.00 24-06-2019 28-06-2019
City Pulse Multiplex Ltd. 30.00 27-06-2019 03-07-2019
More >>
NFO (FMPs)
Fund Name Category Type Open Close Min Inv
 
UTI Fixed Term Income Fund - Series XXXII - II (1111 Days) Direct-D Debt: FMP Closed-end 19 Jun 2019 03 Jul 2019 5,000
UTI Fixed Term Income Fund - Series XXXII - II (1111 Days) Direct-DY Debt: FMP Closed-end 19 Jun 2019 03 Jul 2019 5,000
UTI Fixed Term Income Fund - Series XXXII - II (1111 Days) Direct-DQ Debt: FMP Closed-end 19 Jun 2019 03 Jul 2019 5,000
UTI Fixed Term Income Fund - Series XXXII - II (1111 Days) Direct-Flexi D Debt: FMP Closed-end 19 Jun 2019 03 Jul 2019 5,000
UTI Fixed Term Income Fund - Series XXXII - II (1111 Days) Direct-G Debt: FMP Closed-end 19 Jun 2019 03 Jul 2019 5,000
More >>
Real Estate News
Multiple snags trip property tax portals, filing deadline extended Multiple snags trip property tax portals, filing deadline extended
Property tax portals of civic bodies are facing multiple glitches. While north and south civic bodies are witnessing technical issues, east corporation's site had to be shut down.
Govt may deliver 1 crore houses 2 years before 2022 date Govt may deliver 1 crore houses 2 years before 2022 date
Union housing minister Hardeep Singh Puri said so far more than 81 lakh houses have been sanctioned out of the validated demand for one crore dwelling units.
Centre plans to set up common online platform for RERA of all states, UTs Centre plans to set up common online platform for RERA of all states, UTs
Under the RERA Act, all states are mandated to constitute their respective real estate regulator which provides proper protection to home buyers.
Home buyers left in the lurch for compensation under Karnataka RERA Home buyers left in the lurch for compensation under Karnataka RERA
Lacking powers to enforce its orders, RERA has referred the cases to deputy commissioners of districts, asking them to auction properties of defaulting developers and pay out compensation.
Housing sales in Bengaluru zip 80% in Q1 2019 over 2017 Housing sales in Bengaluru zip 80% in Q1 2019 over 2017
The residential markets are coming out of a seven-year downturn and select micro-markets will bottom out in 2019 and 2020, Puri said.
NFO - Non FMPs
Fund Name Category Type Open Close Min Inv
 
Shriram Balanced Advantage Fund Reg-D Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 2019 28 Jun 2019 5,000
Shriram Balanced Advantage Fund Direct-G Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 2019 28 Jun 2019 5,000
Shriram Balanced Advantage Fund Reg-G Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 2019 28 Jun 2019 5,000
Shriram Balanced Advantage Fund Direct-D Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 2019 28 Jun 2019 5,000
Aditya Birla SL Pharma & Healthcare Fund Reg-D Equity: Sectoral-Pharma Open-ended 20 Jun 2019 04 Jul 2019 1,000
More >>
Views and Recommendations
Buy Century Textiles & Industries, target Rs 995: Manas Jaiswal
27 June, 2019, 08:57 AM IST
Buy Century Textiles & Industries Ltd. at a price target of Rs 995.0 and a stoploss at Rs 950 from entry point.
Buy
Buy JSW Steel, target Rs 290: Manas Jaiswal
27 June, 2019, 08:54 AM IST
Buy JSW Steel Ltd. at a price target of Rs 290.0 and a stoploss at Rs 270 from entry point.
Buy
Buy Vedanta, target Rs 189: Kunal Bothra
27 June, 2019, 08:48 AM IST
Buy Vedanta Ltd. at a price target of Rs 189.0 and a stoploss at Rs 170 from entry point.
Buy
Buy Grasim Industries, target Rs 950: Kunal Bothra
27 June, 2019, 08:33 AM IST
Buy Grasim Industries Ltd. at a price target of Rs 950.0 and a stoploss at Rs 900 from entry point.
Buy
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Monday, June 24, 2019

What are the mixed signals from stock market telling investors?

THE ECONOMIC TIMES
Tue, Jun 25, 2019 | 04:18 AM IST

ET Wealth Newsletter

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#alternative investment returns monitor,#realty hot spot series,#stock pick of the week,#mf portfolio doctor,#family finance
What are the mixed signals from stock market telling investors?
Here are six signs emanating from the market that investors should take note of.
These 5 stocks have consistently outperformed multiple sectoral indices
These stocks are resilient to changing economic conditions and thus ideal to invest in for long-term goals.
All the new details required in income tax return forms for FY18-19
The ITR forms for the assessment year 2019-20 are out. Know the changes you need to watch out for.
When should you opt for a home loan switch over?
It is important to time the loan refinancing in such a way that saving on interest payable is maximised.
Ominous lessons from China's Big Data Valley
The West is attacking Chinese tech's deep links with the country's military. India seems relaxed.
The Bengaluru boy who busted Dieselgate
The life of Hemanth Kappanna — from cash-strapped student in the US to GM's brains trust, and back.
How Prataap Snacks lost its way
Set consumer preferences, lack of pricing power, and distribution battles have made growth elusive.
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What are NPAs? Here's how bad loans can affect a bank's finances
Here's why you should not ignore investing in fixed income
Even the most diehard equity fans must have at least some fixed income investments. Only by maintaining the preferred asset allocation, your portfolio returns will be relatively stable.
9 signs you are being financially bullied by your spouse and what you should do
What if your spouse grudges for overspending, take away your credit cards or doesn't contribute to the household? Here are 9 signs you might be married to a financial bully.
Top Mutual Funds
SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%)
Axis Bluechip Fund Direct Plan-Growth 0.98 12.29 11.06 17.35
Mirae Asset Large Cap Fund Direct- Growth -0.65 9.35 10.71 16.99
JM Core 11 Direct Plan-Growth -0.61 9.95 7.11 16.88
Reliance Large Cap Fund Direct-Growth -2.98 8.17 10.11 16.48
Mirae Asset Large Cap Fund Regular- Growth -0.75 8.74 9.58 16.02
FeaturedDHFL Pramerica Large Cap Fund Direct Plan-Growth
★★★★★
-0.17 11.87 8.20 12.65
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7 things to keep in mind while planning your career
If you are in a steady job and happy to continue forever, then you are probably lulled into a false comfort zone where you are taking no action at all.
HDFC acquires Apollo Munich Health Insurance. What this means for a policyholder
Your existing policy contract, features, benefits, terms & conditions, will not undergo a change till expiry.
FEATURED SLIDESHOWS
Types of tax notices and how to respond to them
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Yoga for your financial health
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Discontinuing Ulip premium during lock-in period
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How to get an income tax e-refund
How to get an income tax e-refund
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Financial Calculators

New LTCG tax calculator: Plan, compute your tax
New LTCG tax calculator: Plan, compute your tax
Use this tool to calculate long-term capital gains (LTCG) and the corresponding LTCG tax for listed shares and units of equity-oriented mutual funds.
Tax Impact Calculator
Tax Impact Calculator
This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay.
Should AMCs bail out mutual fund investors? Here's what experts say

The decision by HDFC AMC to buy Rs 500 crore worth of bonds issued by Essel Group from its FMPs has raised serious questions among industry experts and investors.

Make that holiday worth your while and your money

Think of a holiday like an annual reward or bonus. Link it to your annual income and allocate a percentage of it as the budget. Fit your plans within that number.

How to invest in mutual funds using WhatsApp

Some service providers ask the investor to send a message to a designated mobile number to initiate the transaction.

NPS 1-year returns in high teens. Should you invest?

A sustained decline in bond yields has pushed up NPS returns. Gilt funds earned 17-20% in past one year.

52% employees willing to forfeit more than 10% of salary for job security: Survey

The Randstad survey also found that 45% of employees plan to change employer by next year.

Stock pick of the week: Growing non-cigarette business makes analysts bullish on ITC

Sales and net profit growth of 13% and 19% in the fourth quarter of 2018-19 and improving performance of its noncigarettes division have made ITC analysts top pick.

5 things you should know about credit risk mutual funds

If the rating of a security moves up, they offer a benefit of capital gains. However, in the case of downgrades, there can be a capital loss.

Realty hot spot series: What makes this premium South Delhi locality attractive

Greater Kailash is an affluent neighbourhood in South Delhi with premium residential and popular retail destinations. Upmarket shops, eateries are its key attractions.

MF portfolio doctor: Babji needs to exit direct investments in stocks, take mutual funds route

The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals.

Family finance: Mahajans need to reduce debt to achieve their financial goals

Ahmedabad-based Mahajan's goals include building an emergency corpus, saving for their kids' education and weddings, and their own retirement.

Alternative investment returns monitor: For the week ending June 19, 2019

Here are the alternative investment options with their returns, for the week ending June 19, 2019. The proportion and purpose of these is vastly different.

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