Mutual Funds for SIP

Mutual Fund for  SIP and Bulk Investments
For SIP Investments

1. ICICI Pru Value Discovery Fund 

2. DSP BR Microcap Fund           

3. Mirae Asset Emerging Bluechip Fund


4. Religare Invesco Tax saver Fund     

5. HDFC MF Top 200  


Share:

Rs. 1 Crore is not Enough to Retirement..!

Rs. 1 Crore is not Enough to Retirement..!

by Ms. AARATI KRISHNAN, Financial Consultant

Do not fret. Start saving early and park your money in inflation-beating investments.

I recently had an encounter on Facebook with Sudhakar, an angry young man who blamed his parents for not saving enough to tide over their retirement.

His father, he explained, had worked in the private sector and received no pension.

He had spent much of his savings during his working life on his children’s wedding and overseas education expenses.

He was now wholly reliant on Sudhakar for support.

So, has Sudhakar learnt from his father’s experience and saved up enough for retirement?

“Yes, I will have a Rs. 1 crore investment kitty by the time I retire,” said the 35-year old, confidently.

But the irony is that a Rs. 1 crore corpus is likely to leave Sudhakar just as short of money, when he retires, as his father is today.

Not enough..!

To most salary earners, getting to a Rs. 1 crore corpus is the holy grail of financial planning.

They imagine that, if their provident fund contributions, insurance plans and sundry investments add up to that magic number of Rs.  1 crore by the time they retire then they are on the velvet.

But that is vastly under-estimating the impact of age and inflation on our retirement plans.

To understand why Rs.  1 crore may not really solve Sudhakar’s problems, let’s consider a simple calculation.
Ms. AARATI KRISHNAN,
Financial Consultant

Suppose Sudhakar incurs Rs.  50,000 towards his monthly living expenses today and does not want to make any compromises on his lifestyle post-retirement.
As he is only 35 years old, he has 25 years to go before he retires (at 60).

At a 7% inflation rate, to retain the same purchasing power as today, he will need to receive Rs. 2.71 lakh a month when he retires (in 2041).

If he lives to the age of 85, he will effectively be using up as much as Rs. 8.14 crore ( Rs. 2.71 lakh a month for 25 years) for living expenses during his retirement years.

Assuming that his investment kitty at retirement earns exactly the same returns as the inflation rate, Rs.  8.14 crore is therefore the sum that he will need to save by 60, to see him through his sunset years.

Clearly, a Rs. 1-crore retirement kitty will far short of his needs.
Or consider this from another perspective. A person looking to retire today can set up a lifelong annuity of Rs.  50,000 a month (Rs. 6 lakh a year) under LIC’s Jeevan Akshay VI, with an upfront investment of Rs. 64.2 lakh.

25 years later, assuming LIC is willing to offer the same rates of return (which is unlikely by the way), he will need to set up an annuity for Rs. 2.71 lakh a month ( Rs. 32.5 lakh a year) after accounting for inflation. This will mean coughing up Rs. 3.48 crore.

Starting early..!

If Sudhakar’s problem has you chewing your nails, there are two factors that can drastically alter your retirement needs - your age and inflation rates.
If you are 55 years old and have the same spending patterns as Sudhakar, you can probably get by with a much smaller retirement kitty.

In five years’ time, your current living expenses of Rs. 50,000 would have merely increased to Rs. 70,100 at a 7% inflation rate.

That means a starting retirement kitty of Rs. 2.1 crore can see you through the rest of your retired life (again we assume returns on investments make up for inflation).
You can also pray for inflation rates to fall steeply, given the RBI’s new inflation targeting role.


Inflation rates..!

If inflation averages a modest 5% over the next 25 years, instead of the 7% we have assumed, Sudhakar would need a retirement kitty of Rs. 5.1 crore (instead of Rs. 8.1 crore). That’s not an easy ask, but would still allow him to cut back on his current savings by a third.

But the above calculations actually over-simplify the problem of how much to save for retirement.

One, they assume that the returns on your investment after retirement will fortuitously match prevailing inflation rates. But that may not happen.

There have been many periods in India when the returns from safe investment options, like bank deposits, have not kept up with inflation on a post-tax basis.

To remedy this, you will have to either bump up your savings during your working years.

Or you will have to bite the bullet on risk and allocate 10% to 20% of your corpus to risky investments like equities, to improve your returns.

Two, the calculations also presume that you only need to budget for your basic living expenses after you hang up your boots. What if you want to vacation abroad, leave something to your children or / , worse, face a medical emergency?

Your carefully made retirement plans can then go awry. This is why it pays to budget for a little extra while saving towards retirement.

But here’s a final piece of good news. If the numbers being bandied about here worry you, do note that they too are bloated by the inflation effect.

By starting to save towards your retirement early in your working life, and making a conscious shift to inflation-beating investments, you can ensure that both inflation and time can be put to work in your favour.


Sudhakar, therefore, has no need to despair. If he can save nearly  Rs. 45,000 a month (that includes his provident fund contributions, bank deposits, mutual funds et al) in his remaining working years, and earns a return of about 12%, the Rs. 8-crore retirement kitty will be well within his reach.

https://in.linkedin.com/in/aarati-krishnan-b0944864
Share:

Tax Saving Investment Planning for 2015-16 Financial Year

Tax Saving Investment Planning for 2015-16 Financial Year

With the financial year 2015-16, taxpayers to focus on their income tax planning. Section 80 of the Income Tax Act, 1961 provides several beneficial ways through which taxpayers can reduce their tax liabilities.

Here are some helpful ways to reduce your income tax liability.

These guidelines will also help to significantly increase your savings and Investments


1. Deductions under Section 80C..!

This section mainly pertains to the provision of deductions to taxpayers investing in certain types of investment avenues.
These include fixed deposits for 5 years, employer provident fund (EPF), pension plans, public provident fund (PPF), ELSS and other 
national pension system (NPS).

The current tax benefit available under this section is up to Rs. 1.5 lacs during the year.

2. NPS Tax Benefit..!
The new NPS is new kind of national pension system available for 
taxpayers in the government as well as the private sectors.

In 2009, the government launched this scheme, which is mandatory for state and central government employees. It is also extended the benefit to private sector employees with the objective of improving saving habits among individuals. 

The NPS tax benefit available is Rs. 50,000 under section 80CCD of the Income Tax Act.

Combining the two sections (80C 80CCD) and  above, taxpayers 
can now claim tax deductions on up to Rs. 2 lacs (Rs. 1.5 lacs under section 80C and Rs. 50,000 as NPS tax benefit under sec 80CCD).
Further, if employers contribute to the NPS on behalf of employees, additional tax deductions are available under sec 80CCD (2).

There are many national pension system calculators that are available online, to better understand possible tax savings using this plan.

3. Medical Insurance Premium..!

Another one of the tax saving schemes available is through medical insurance plans. Premiums up to an amount of Rs. 25,000 can be used as tax deductibles, under section 80D. For senior taxpayers, the limit is set at Rs. 30,000.

An additional tax deduction of up to Rs. 80,000 per assessment year is available for taxpayers who incur expenses taking care of disabled individuals.

4. Higher education..!

An amount of Rs. 1 lac can be deducted from your income tax liability under section 80E for repaying loans availed for higher education.

These tax benefits will allow you to put aside more funds for investments, thus giving you even greater returns. 
Share:

The best joke heard in the recent years !!


The best joke heard in the recent years !!

Parents asked college watchman,"Is this a better college?"

Watchman: "probably the best and better. I did my MBA here and got  campus placement"
Share:

Property Expo at Perambalur_6th & 7th Feb'2016

SIS Acropole Property Expo 

at Perambalur_



6th & 7th Feb'2016

Share:

Investing Mantra's - Stock : Do not, do it." - Mr. Warren Buffett

Investing Mantra's - Stock
"You ought to be able to explain why you are taking the job you are taking, why you are making the investment you are making, or / whatever it may be.

And if it can not stand applying pencil to paper, you had better think it through some more.
And if you can not write an intelligent answer to those questions, do not do it."
 -
Mr. Warren Buffett 
Share:

Cybercity Builders & Developers Organizes “Cybercity Cancer Crusaders Invitation Cup”



Cybercity Builders & Developers pvt. ltd. organizes “Cybercity Cancer Crusaders Invitation Cup”

An Initiative to create consciousness on Cancer prevention, early detection

Cybercity Builders & Developers pvt ltd, one of the India’s leading real estate players is organizing a world-class golf tournament, “Cybercity Cancer Crusaders Invitation Cup” to create awreness in the society through extensive participation from ace golfers and celebrities about Cancer. The two day tournament will be held on February 6 and 7 at the Hyderabad Golf Course (HGC), Golconda.  

The first three editions of the Cybercity Cancer Crusaders Invitation Cup, organized in 2010, 2012 and 2014 were a runaway success. Eminent personalities like Kapil Dev, Akkineni Nagarjuna & Sania Mirza  extended their support to this cause.  This year too, eminient golfers, outstanding sports personalities, celebrities and opinion leaders  across the country are expected to participate in the tournament.  

On 6th February 2016 there will be two sessions with  game format of Stableford.  First game Tee off would be at 6:30 AM on 6th February with shotgun start. The highlight of the tournament will be the ‘Celebrity Golf Play off’ on Sunday 7th February 2016 evening where Celebrities from various walks of life would be participating

Mr. Venu Vinod, MD, Cybercity Builders & Developers pvt ltd said,“ As a gesture of our commitement to the society, we are previledged to be associated with CURE Foundation to organize this world class golf tournament. It is heartening to see the leaders from various disciplines get together, compete and support a noble and virtuous cause. The funds raised from the tournament will benefit the underprivileged get quality Cancer treatment and rehabilitation.  Cybercity pledges its unflinching support to this noble cause.

About Cybercity Builders & Developers Pvt Ltd:

Cybercity was born in 2008, and since its inception it has matured into a dynamic result-oriented and professional company. Expertise in construction, project management, engineering, marketing and customer relationship provides Cybercity the edge and the perfect impetus to grow in the same way as the high-rises built by it – reaching up to the skies. Commitment to excellence is in Cybercity’s team culture and providing the finest housing communities in Hyderabad is a vision which it works for. The first step in this direction is the ‘Cybercity’ project near hi-tech city. 

The belief that the customers has on our ability is reflected by the fact that 400 apartments in the project have been sold in a span of 100 days.

For further information, please contact: Konnections

Sarodhya Yadav: 86860 80577 / Sunil Kumar M: 98665 20337
Share:

Home service provider Housejoy launches in Hyderabad

Home service provider Housejoy launches in Hyderabad

Housejoy Founders Arjun Mendu and Sunil Goel with CEO Saran Chatterjee

India’s leading home services provider, Housejoy is expanding its reach beyond the 12 cities and has now extended into Hyderabad in a bid to increase footprints across the country. Housejoy is a home service provider which was launched by industry veterans Arjun Kumar and Sunil Goel in January last year. Conceived with the aim to bring a wave of change in the home services market in the country Housejoy has been receiving a tremendous response since its early days.
Housejoy Founders Arjun Mendu and Sunil Goel with CEO Saran Chatterjee

Housejoy arrived in Hyderabad with a host of services from technical services - Plumbing, Electrical, Carpentry Repairs (Annual Maintenance Contracts), Home Appliance Repairs, Computer Repairs to Home Keeping Services – (Home Cleaning, Furniture and Upholstery Cleaning, Pest Control Services) and Doorstep Services - High Quality Laundry, Beauty, Fitness Services and the start up is all set to woo residents of Hyderabad with their commendable services.
Commenting about the launch, Saran Chatterjee, CEO of Housejoy said, 

Hyderabad being the fourth most populous city in India with 7.5+ million residents with a significant cosmopolitan population and considering it is home to major IT MNCs like Microsoft, Google, Amazon and many IT parks housing offices of all the major Indian IT companies it did not take us anything to tap the market for we fervently believe the grounds are fertile and has huge market potential for online services.”

On another note Mr. Chatterjee emphasized, “There's a huge distance between the actual location of the demand and the location of the service providers in the recently developed areas of Hyderabad like the Hitec City, Gachibowli etc. Most of these areas are densely populated with high-rise and upscale apartment societies. The nearest areas where anybody can find home service providers are about 5-6 km away. So there's a huge gap between the demand and supply. Without a platform like Housejoy, a service provider may have to travel 10-15 Kms even for a minor job which does not make economic sense. With a platform like Housejoy, the service provider can get 3-4 jobs in a day and can finish them with 15-20 Kms of travel saving a lot of time and money. There is no denying Housejoy could be highly beneficial for a time poor but high disposable income city like Hyderabad.”

For its client’s utmost satisfaction and safety, Housejoy has a very rigid hiring process which ensures that only experienced and qualified technicians take up the requirements.

Housejoy is the leading provider in the home services space. They are pioneers in providing high-quality on demand residential services, supported by a team of dynamic, capable and trusted professionals. Housejoy launched in January 2015 to provide an aggregation of services to customers ensuring punctuality, quality and reliability. 

They perform a wide variety of services ranging from maintenance and home repairs to high quality plumbing, electrical services, home cleaning and computer repairs. Housejoy additionally offers specialized services in beauty and in-house bridal make-up and are expanding their service portfolio. Housejoy will also take care of your laundry and dry cleaning, with pickup and delivery right at your door step.Within a short time, Housejoy is operational in 11 cities across the nation and has raised 4 $Million funding in series A from Matrix Partners.

For more about Housejoy: http://www.housejoy.in/
You can download the Housejoy app from Google Play Store


For more details please contact Srinivas Vadde, Vartika PR, 9666222989
Share:

Hyderabad housing segment demand outstripping supply

Hyderabad housing segment demand outstripping supply; office market in consolidation mode: Knight Frank India
Knight Frank India today launched the fourthedition of its flagship half yearly report - India Real Estate. It presents a comprehensive analysis of the residential and office market performance of Hyderabad for the period July- Dec 2015 (H2 2015).

Residential takeaways:-
·        While demand holds steady in the housing segment, both supply and unsold inventory at their 5 year lows
·        H2 2015 does see a trend reversal in terms of launches as they grow 11% YoY  West and North Hyderabad  dominate in new launches during H2 2015
· 
       Development activity in East Hyderabad  locations like Uppal, L.B Nagar, Malkajgiri suffers due to lack of employment opportunities and poor connectivity

·        The premium segment which was under pressure in the first six months of 2015 saw further decline in interest during the second half as demand flattened out.

Hyderabad Residential Market Trend:

Office Takeaways:-

·        Hyderabad office market continues its consolidation mode with increasing demand
·        The office market witnesses highest occupier interest in the second half since 2010 backed by big ticket transactions by Qualcomm, Salesforce, JP Morgan etc.
·        Reducing vacancy levels cause surge in rental growth

Office New Completions and Absorption:

Speaking about the findings, Vasudevan Iyer, Director- Hyderabad, said:

"The Hyderabad office market has definitely shifted up a gear in H2 2015 by absorbing 3.1 million sq. ft, posting the strongest half yearly absorption numbers in its history. We believe that we have seen a glimpse of the promise Hyderabad holds as a commercial and IT office space destination, rivalling the likes of other Indian front line cities during this period and this momentum is expected to continue.

The situation in the residential market is not as positive, though, unsold inventories are at their lowest level since 2010 and steady demand during the last 18 months does point at a possible improvement in residential market fundamentals in the months to come."
About Knight Frank:
Knight Frank is the leading independent global property consultancy. Headquartered in London, Knight Frank and its New York-based global partner, Newmark Grubb Knight Frank, operate from 370 offices, in 55 countries, across six continents.  More than 12,000 professionals handle in excess of US$1 trillion (£643 billion) worth of commercial, agricultural and residential real estate annually, advising clients ranging from individual owners and buyers to major developers, investors and corporate tenants.
In India, Knight Frank is headquartered in Mumbai and has more than 1000 experts across Bangalore, Delhi, Pune, Hyderabad, Chennai, Kolkataand Ahmedabad. Backed by strong research and analytics our experts work with clients to offer a comprehensive range of real estate services across advisory, valuation and consulting; transactions (residential, commercial, retail, hospitality, land, capitals); facilities management; and project management.
For more information, visit www.knightfrank.com


For futher information please contact:-
Abanti Banik
Manager – PR & Branding
Knight Frank India
+91 9972998403
Dayanand(Blue Lotus)
+919849122317
 Supreeth( Blue Lotus)
+919505129309



Share:

Indian Residential Real Estate 2015 ends with the lowest new launches and sales volume since 2010

2015 ends with the lowest new launches and sales volume since 2010 for residential, while office market records highest occupancy at 84.2%:  Knight Frank India

Knight Frank India today launched the 4th edition of its flagship half-yearly report - India Real Estate. It presents a comprehensive analysis of the residential and office market performance across seven cities for the period between July–December 2015 (H2 2015). The report also includes the residential market analysis of Ahmedabad for the same period.

Residential takeaways:-
·       
Current unsold inventory levels stand at over 6.9 lakh units; would take more than 2.5 years to exhaust

·        NCR is the worst affected market in India; both launches and absorption fail to pick up

·        Market sees a sharp drop in price growth; reduces from 9% - 3% in the last 36 months

·        New launches fall by 13% Y-o-Y during H2 2015 from 1,50,471 to 1,31,445 units

All-India Residential market launches and absorption



All-India Residential unsold inventory

All-India Residential price growth



Office Takeaways:-

·        Severe shortage of good quality office space; demand consistently surpassing supply since 2014

·        Vacancy levels touch record 8 year low to 15.8 % in 2015 from 17 % in 2008; it had peaked to 21 % in 2012



·        H2 2015 sees highest half yearly surge since H2 2012; but new completions still below their peak levels

·        Chennai, Pune lead in terms of absorption growth, while NCR the absorption went down 10 % compared to H2 2014

All-India Office market trend

Annual Vacancy Trend


Says Shishir Baijal, Chairman & Managing Director, Knight Frank India: “2015 for Indian real estate had both the good and bad news. While the office market grew from strength to strength, residential did not perform as per expected. 
Office market saw a record absorption at 40.4 mnsqft; highest since 2012. Supply of quality office space now a concern with vacancy levels at an eight year low. Rentals have firmed up as a result. Among sectors driving growth, IT/ITeS continues to lead with start-ups. This year however, we saw e-commerce and start-ups contribute to the office space uptake in a major way. Going forward, we have to wait to see if this trend continues. 

Residential on the other hand, continue slowdown with launches at a five year low, despite the festive season. Sales in 2015 were lower than 2014 levels. Despite the 125 bps rate cut by RBI, demand did not see an uptake.  Our outlook for 2016 remains muted. To further revive the demand, it is important to transmit the benefits of the rate cuts to consumers.” 

About Knight Frank:-

Knight Frank is the leading independent global property consultancy. Headquartered in London, Knight Frank and its New York-based global partner, Newmark Grubb Knight Frank, operate from 370 offices, in 55 countries, across six continents. More than 12,000 professionals handle in excessof US$1 trillion (£643 billion) worth of commercial, agricultural and residential real estate annually, advising clients ranging from individual owners and buyers to major developers, investors and corporate tenants.

In India, Knight Frank is headquartered in Mumbai and has more than 1000 experts across Bangalore, Delhi, Pune, Hyderabad, Chennai, Kolkata and Ahmedabad. Backed by strong research and analytics our experts work with clients to offer a comprehensive range of real estate services across advisory, valuation and consulting; transactions (residential, commercial, retail, hospitality, land, capitals); facilities management; and project management.

For more information, visit www.knightfrank.co.in
Contact
Abanti Banik
Manager – PR, Knight Frank India
+91 99729 98403
abanti.banik@in.knightfrank.com

Rahul Lakhpati
Vice President, Blue Lotus PR (For Knight Frank India)
+91 98192 25352
rahul.lakhpati@bluelotuspr.com



Share:

Topics

Blog Archive

நிதி முதலீடு

ADVT

Recent Posts

Latest Posts

Find us on Facebook

NRI INVESTMENTS