Author: Invest Policy

The Indian stock market is buzzing with action as 9 new IPOs are set to hit the primary market next week. From big players on the Mainboard to smaller, fast-growing companies on the SME platform, this surge in IPO activity shows the ongoing investor interest in 2023. Here’s a breakdown of the companies, their key dates, and how they are performing in the grey market. KRN Heat Exchanger Mainboard IPO One of the most significant IPOs next week is KRN Heat Exchanger, with a total issue size of Rs 341.95 crore. The subscription window opens from September 25 to September…

The stock market has been witnessing a strong rally, with Sensex and Nifty closing at all-time highs. Midcap and small-cap indices have also shown impressive growth, while realty, auto, and metal stocks continue to attract buyers. In a recent discussion with CNBC-Awaaz, Jayesh Sundar, Equity Fund Manager at Axis Mutual Fund, shared insights on market trends and sectoral performance, while outlining strategies for investors in the current market scenario. Market Outlook: Growth Continues Amid Expensive Valuations Jayesh Sundar began by stating that the market has been in a phase of correction and rotation over the past few months. While growth…

Beekeeping, or apiculture, is becoming a lucrative business for many entrepreneurs in India. With increasing demand for honey and other bee-related products both domestically and internationally, this business offers high earning potential. Beekeeping is not only profitable, but it also supports agricultural productivity through pollination. With government schemes and financial assistance in place, starting a beekeeping venture has become easier than ever. Why Beekeeping is a Profitable Business Beekeeping has multiple revenue streams, making it a profitable venture. Honey is the most popular product, but bees also produce wax, royal jelly, propolis, and bee pollen, all of which have high…

For those seeking the best in convenience and luxury, premium credit cards are designed to offer more than just the standard benefits. These high-end credit cards, typically referred to as “super premium” cards, are curated for individuals with a high-income bracket, excellent credit scores, and significant financial relationships with their banks. Total Relationship Value (TRV), which considers the combined value of a customer’s savings, loans, credit, and insurance accounts with a bank, plays a significant role in determining eligibility for these cards. These luxury cards come with an array of benefits like unlimited airport lounge access, travel perks, golf privileges,…

Gratuity is a financial reward given by a company to its employees as a token of appreciation for their long-term service. In India, gratuity becomes payable after an employee has completed a minimum of 5 years of continuous service with an organization. For many employees, this can be a significant part of their financial planning for the future. Here’s a simple explanation of how gratuity works, the eligibility criteria, and the formula for calculating the amount. Who Is Eligible for Gratuity? In India, the Payment of Gratuity Act, of 1972 governs gratuity payments. According to the Act, if a company…

Tata Motors, a leading player in the automotive sector and a part of the Tata Group has recently experienced a significant drop in its stock value, falling by 16% from its record high. However, the tide seems to be turning as Tata Motors stock has now gained momentum, reaching ₹979. The recent rally has caught the attention of brokerage house Emkay Global Financial Services, which has upgraded its rating from ‘Add’ to ‘Buy’, offering investors a renewed opportunity. Stock Rebounds After Recent Slump, Lowest Valuation Among OEMs Over the past few days, Tata Motors’ stock has been under pressure due…

The Indian IPO market is witnessing a flurry of activity this month, and next week promises even more excitement. Investors can look forward to two mainboard IPOs — Manba Finance and KRN Heat Exchanger — along with several SME IPOs. These companies are expected to raise a total of ₹850 crores. Here’s a look at the key IPOs coming up and what they bring to the table for investors. Manba Finance IPO: A New Opportunity After Bajaj Housing Finance’s Success Manba Finance is set to launch its much-anticipated IPO next week. Following the success of Bajaj Housing Finance’s blockbuster listing,…

Why Investing in PSU Mutual Funds via SIPs is Gaining Popularity Public Sector Undertaking (PSU) mutual funds have become a favorite for many investors looking to invest in government companies. In recent years, these funds have delivered impressive returns, making them an attractive option for those who prefer stability alongside growth. Systematic Investment Plans (SIPs) in PSU funds have generated up to 49% returns over five years, proving their potential for wealth creation. Let’s dive into what makes PSU mutual funds a good investment option and take a closer look at the top three funds that have delivered solid results.…

Value mutual funds are a type of equity fund that focuses on buying shares of companies that are currently undervalued. These funds use a strategy known as value investing, where the fund manager picks stocks that are trading at a price lower than their intrinsic value. This strategy works on the belief that the stock market often misjudges the real value of a company’s shares in the short term. However, when the market corrects itself over time, these undervalued stocks grow in value, resulting in potential profit for investors. The concept of value investing gained massive popularity thanks to world-famous…

Kotak Mahindra Asset Management Company (Kotak Mutual Fund) has launched its latest New Fund Offer (NFO) – the Kotak Nifty Midcap 150 Momentum 50 Index Fund. This open-ended scheme is designed to track the Nifty Midcap 150 Momentum 50 Index, offering investors an exciting opportunity to invest in midcap companies with strong momentum. The NFO opened for subscription on 19th September 2024 and will close on 3rd October 2024. Key Details of Kotak Nifty Midcap 150 Momentum 50 Index Fund This new scheme allows investors to benefit from the midcap segment, known for its high growth potential, while focusing on…