Indian Mutual Fund Industry AUM Growth from December 2018 to December 2019. It is more than Rs. 27 lakh crore industry


Indian Mutual Fund Industry AUM Growth 


From December 2018 to December 2019.  

It is more than Rs. 27 lakh crore industry

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Indian Mutual Fund Industry SIP Book Growth from December 2018 to December 2019. SIP is supporting the equity market


Indian Mutual Fund Industry SIP Book Growth  


December 2018 to December 2019. 

SIP is supporting the Indian Equity Markets
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Indian Mutual funds add 68 lakh folios in 2019



Indian Mutual funds add 68 lakh folios in 2019

Mutual funds folios added

2019 : 68 lakh

Total as on December 2019 8.7 crore

The number of folios with 44 fund houses rose to 8.71 crore at the end of December 2019 from 8.03 crore at the end of December 2018, registering a gain of 68 lakh folios.
In comparison, over 1.38 crore investor accounts were added in 2018, more than 1.36 crore in 2017, nearly 70 lakh in 2016 and close to 56 lakh in 2015, data available with markets regulator SEBI showed.

The number of folios under equity and equity-linked saving schemes rose by 12.75 lakh to 6.25 crore at the end of December 2019, which is much lower than 1.2 crore added in the preceding year.

Debt-oriented scheme folios count dropped by 43 lakh to 71 lakh. The number of investors' account stood at 1.13 crore.

Assets under management (AUM) of the industry rose by over 13 per cent (Rs 3.15 lakh crore) to Rs 26.77 lakh crore at the end of December, up from Rs 23.62 lakh crore at the end of December 2018 on the back of measures taken by regulator Sebi for boosting investor confidence.
Going ahead, the industry is expected to witness growth in the range of 17-18 per cent in this year and equity funds should see robust inflows as expectations are high about improved equity markets and a revival in economic growth, experts noted.

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NSE to launch IPO by September, 2020, says MD and CEO Mr. Vikram Limaye


NSE to launch IPO by September, 2020, says MD and CEO Mr. Vikram Limaye

The National Stock Exchange (NSE) plans to launch its initial public offering (IPO) by September this year, its MD and CEO, Mr. Vikram Limaye, said on recently.
The exchange has approached markets regulator SEBI for listing of its shares, even as State Bank of India (SBI) started selling some of its NSE shares.

"We have approached SEBI to seek its approval for the IPO and after that we will start the process of appointing merchant bankers, who will help the exchange in filing draft prospects for the IPO," NSE MD and CEO Mr. Vikram Limaye told news agency PTI.

Limaye said that the bourse is hoping to launch the IPO by the third quarter of this calendar year and it is subject to approval from the Securities and Exchange Board of India (SEBI).

According to him, the entire IPO would be offer-for-sale (OFS), wherein existing shareholders will sell NSE's shares.

Last week, state-owned lender State Bank of India (SBI) said that it is planning to offload sell 50 lakh shares representing 1.01% stake in NSE to raise capital. Currently, SBI holds 5.19% stake in India's oldest exchange.

Last month, IFCI sold its entire 2.44 per cent stake in NSE for Rs 805.6 crore.

Earlier in December 2016, NSE had filed its draft red herring prospectus with SEBI to launch its IPO. However, the plan was put on hold after investigations began into the co-location case. It was alleged that the exchange misused its co-location facility and gave preferential access to certain trading brokers.

In April 2019, SEBI had barred the NSE from accessing the capital markets for a period of six months. It had also asked NSE to "disgorge" more than Rs. 625 crore along with 12% interest per annum in connection with the co-location case.

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Real Estate 2020-21 Budget is expected to bring back the input tax credit by Mr. Eshwar N, CASAGRAND


Pre budget 2020-21

2020-21 budget is expected to bring back the input tax credit for under construction properties by moderately altering the rate upwards of 5%.

by Mr. Eshwar N, Executive Vice President - Marketing, CASAGRAND.

The Indian real estate sector has been under stress during the past year. The FM announced relief fund has provided some stimulus to the sector but the need of the hour is to target key factors that can make a huge impact to the current market situation.

These are namely interest on loans, inputs tax credit and extention of the stress funds to disciplined developers.Many developers are hopeful that the upcoming budget would address these key areas and improve buyer sentiment.

The 2020-21 budget is expected to bring back the input tax credit for under construction properties by moderately altering the rate upwards of 5%.
 
Mr. Eshwar N,
Executive Vice President - Marketing,
CASAGRAND
This will bring more liquidity and encourage more investment in the housing sector.

The government should also consider a higher exemption limit for all home buyers during the FY 20-21. Lowering of the repo rate would provide a much needed stimulus to the sector and also boost buyer confidence.

The ongoing liquidity crunch has had a cascading impact across developers, the extension of the relief fund will help increase capital flow for  all developers and ensure timely delivery of projects. 

This will help maintain the supply of high demand segments, namely affordable homes and high demand ready-to-move-in homes.

The Realty sector is the the second-largest employer in the country contributing about 8% to 10% of the GDP. Reviving the sector will have a positive ripple effect across the economy. The government should also consider implementation of land reforms that can help boost other sectors.

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Very genuine expectations of the Real Estate sector in the budget of 2020-21 by Dr R. Kumar, Managing Director – Navin’s

Pre Budget 2020-21

Very genuine expectations of the Real Estate sector in the budget of 2020-21 by Dr R. Kumar, Managing Director – Navin’s

With the economy in India facing a downward spiral and more particularly the issues  faced  by  the struggling Real Estate sector which contributes nearly 8 to 10% of the country’s GDP is expected to be given a lot of attention and encouragement in the 2020 -21 budget,  which can have multiplier effect in the other sectors as well. 

The following are the very genuine expectations of the Real Estate sector in the budget of 2020-21.

Enhancement of the Income Tax exemption limit of Rs.2 lakhs on the interest paid on housing loans under section 24 of Income tax Act to a minimum of Rs.5 lakhs. 
 
Dr R. Kumar,
Managing Director,
Navin’s
Infact Government of India  would do well to completely lift the limits if possible as this will encourage more and more people to invest in housing

Extension of PMAY for MIG Housing

The PMAY Scheme benefits for MIG Housing units come to end on 31.3.2020. We expect the budget to extend the date by two years to 31.3.22, coinciding with that of EWS and LIG.

Allowing back of Input Tax credit in GST for under construction homes.

While reducing the GST on under construction properties to 5%, Government of India had withdrawn the input tax credit provisions. This has caused only more burden on the buying public. 

The 2020 budget is expected to bring back the input tax credit for under construction properties by slightly tweaking the 5% rate upwards.

This will be encouraged back to invest in housing. It is also expected that budget would revive the option of unbundling land value from flat sale price for calculation of GST.

Capital gains Tax Allowance:

Capital gains Tax deduction on reinvestment of sales proceeds of property into housing is currently restricted to one or two units.
 
This is discouraging landowners from developing their property on joint development basis. 

Removal of this restriction will encourage creation of more housing stock in around the core cities thus releasing locked up land.

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Herbalife Nutrition launches Beta Heart for better cardiovascular health


Herbalife Nutrition launches Beta Heart for better cardiovascular health
Beta Heart contains OatWell (oat beta glucan) that helps reduce and maintain blood cholesterol level


Herbalife Nutrition, the global leader in nutrition launches Beta Heart, a new product designed to reduce or maintain cholesterol levels in blood. Beta Heart is a vanilla flavored product, available in 15 grams single serve sachets.

The main ingredient of Beta Heart is OatWell (oat beta glucan), that has proven to reduce or maintain cholesterol levels in blood in more than 55 trials. 

The product will boost heart health by reducing the risk factors contributing to coronary heart diseases. Beta Heart can be consumed by mixing it with Formula 1 shake or with 250 ml of water.

Unhealthy eating habits and sedentary lifestyle leads to high cholesterol, which is a risk factor in development of coronary heart diseases. 



Scientific evidence suggest that oat beta-glucan helps lower the levels of blood cholesterol*.  Daily intake of 3 grams of oat Beta glucan helps maintain healthy blood cholesterol levels**.

Beta Heart powder contains oat beta-glucan as key ingredient which is a natural form of soluble fiber found mostly in the outer layer of oat grains. One serving provides 3 grams of oat beta glucan. It is a good source of dietary fiber with no added sugar or artificial sweeteners or colors.

AVAILALE FLAVOUR: Natural Vanilla

NET QUANTITY
15 g X 15 N sachets = 225 g

PRICING

MRP – Rs.1,900.00 (Incl. of all taxes)

Commenting on the launch, Mr. Ajay Khanna, Vice President and Country Head, Herbalife Nutrition said, “We are proud to launch Beta heart for our Indian consumers. This product is a result of extensive research and is a testimony to our commitment to the quality of products that we offer our consumers with greater access to good nutrition.
Beta heart will be available exclusively through Herbalife Nutrition independent distributors.
Source (Reference):
*Coronary heart disease has multiple risk factors and altering one of these risk factors may or may not have a beneficial effect
**Whitehead et al. Am J Clin Nutr. 2014;100(6):1413-21

About Herbalife Nutrition Ltd.

Herbalife Nutrition is a global company that has been changing people's lives with great nutrition products and a proven business opportunity for its independent distributors since 1980. The Company offers high-quality, science-backed products, sold in over 90 countries by entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle. Through the Company’s global campaign to eradicate hunger, Herbalife Nutrition is also committed to bringing nutrition and education to communities around the world.

For more information, please visit IAmHerbalifeNutrition.com.
Herbalife Nutrition also encourages investors to visit its investor relations website at ir.herbalife.com as financial and other information is updated and new information is posted.



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Herbalife Nutrition launches Tulsi flavor for Afresh Energy Drink Mix

Herbalife Nutrition launches Tulsi flavor for Afresh Energy Drink Mix

Afresh Tulsi is a refreshing beverage which boosts energy levels, supports mental alertness, improves concentration and reaction time

Herbalife Nutrition, the global leader in nutrition launches Afresh Energy Drink Mix in Tulsi flavor.

Afresh is an invigorating and refreshing energy drink mix which contains Orange pekoe extract, Green tea extract and natural caffeine powder which can be consumed hot or cold, any time of the day.

The Tulsi flavor is extracted from fresh Krishna Tulsi leaves and essential oils of Tulsi leaves contribute to its refreshing flavor. 

The energy-boosting drink is also available in other delicious flavors like Orange, Elaichi, Lemon, Peach and Cinnamon.

The Afresh energy drink contains two essential ingredients, the exotic Guarana plant which is native to the Amazon forests, and Orange Pekoe.


The presence of Guarana in the drink helps sharpen mental alertness, reduces fatigue and elevates energy levels.
On the other hand, Orange Pekoe acts as an active thermogenic and antioxidant resulting in increased levels of calorie burning and fat oxidation, in addition to lowering cholesterol and triglyceride levels. 

NET QUANTITY

50 g

PRICING

MRP – Rs. 686.00 (Incl. of all taxes)

Commenting on the launch, Mr. Ajay Khanna, Vice President and Country Head, Herbalife Nutrition said, “We are excited to bring the newest flavor to our Indian consumers. Afresh Tulsi is a great addition to our Afresh Energy Drink Mix range. At Herbalife Nutrition, we are constantly innovating to bring high quality personalised nutrition products backed by science that will help our consumers lead an active lifestyle with balanced nutrition.”
Afresh Energy Drink Mix will be available exclusively through Herbalife Nutrition independent distributors.

DISCLAIMER

CONTAINS CAFFEINE

High caffeine: 40mg/160ml

This product is not for use by children or pregnant/ lactating women, persons sensitive to caffeine.

Not for medicinal use. This product is not intended to diagnose, treat, prevent or cure any disease.

About Herbalife Nutrition Ltd.

Herbalife Nutrition is a global company that has been changing people's lives with great nutrition products and a proven business opportunity for its independent distributors since 1980.

The Company offers high-quality, science-backed products, sold in over 90 countries by entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle.

Through the Company’s global campaign to eradicate hunger, Herbalife Nutrition is also committed to bringing nutrition and education to communities around the world.

For more information, please visit  IAmHerbalifeNutrition.com.

Herbalife Nutrition also encourages investors to visit its investor relations website at ir.herbalife.com as financial and other information is updated and new information is posted.



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CREDAI Hyderabad Property Show 2020 from 31st January to 2nd February 2020


9th Edition of CREDAI Hyderabad Property Show 2020
from 31st January to 2nd February 2020

CREDAI Hyderabad Property Show offers a WINVESTMENTopportunity to choose your home that fits your lifestyle at best price


CREDAI, the Confederation of Real Estate Developers’ Associations of India, country’s apex body of private real estate developers, today announced the 9th edition of Hyderabad Property Show from 31st January to 2nd February 2020. 

The announcement was made by CREDAI Hyderabad senior leadership team comprising of Shri P. Rama Krishna Rao, President, Shri. V Rajasekhar Reddy, General Secretary, Shri C G Murali Mohan, Shri Kacham Rajeshwar, Shri Venu Vinod, Shri N Jaideep Reddy, Vice Presidents, Shri Kothapalli Rambabu, Shri Shivraj Thakur, Joint Secretaries, and Shri Aditya Gowra, Treasurer, CREDAI, Hyderabad in the presence of other member developers and key stakeholders. 



CREDAI Hyderabad Property Show 2020 will be held from January 31st – February 2nd, 2020 at Hitex, Madhapur. The three-day property show will bring together realtors, building material manufacturers, consultants, and financial institutions from across the city to exhibit the advances in the real estate sector under a single umbrella. The event will present integrated townships, apartment complexes, gated communities, villas, green buildings with a special impetus on retail and commercial complexes. The show will display over 15000 units from CREDAI Hyderabad member developers, different stakeholders from the financial and manufacturing sectors, displayed in 80 stalls. 
The exhibition will showcase properties suiting every requirement and budget by the developers providing consumers a chance to get the best options for home solutions in the twin cities along with information on housing loan options and how to avail the same. The show is expected to have a turnout of over 50,000 visitors this year. 

 Speaking on the occasion, Shri. P. Rama Krishna Rao, President CREDAI Hyderabad, said, “The real estate sector in Hyderabad is on an upswing. The recent report of City Momentum Index released by JLL Global further reinforces the buoyancy in the real-estate sector of Hyderabad by ranking it no. 1 amongst 130 global cities evaluated. They have rated Hyderabad as the world’s most dynamic city. Hyderabad is topping the charts in the county’s office space absorption market and the transactions are growing at a blistering pace primarily driven by the growth in IT/ITeS sector. Thanks to the ease of doing business, proactive governance, ready talent pool and a predominantly young population, affordable cost of living and good infrastructure, the city is showing remarkable growth in the real estate sector. 

According to the report from Oxford Economics, the city is recording a GDP growth of 8.7% and is expected to grow at a rate of 9.5% from 2019-2035. These are great indicators for a sustained good performance of the real estate sector in the city. This 9thedition of CREDAI Hyderabad Property Show is being aptly scheduled from January 31st – February 2nd, 2020 to help buyers identify the best projects in the city under one roof and decide to make their WINVESTMENT before the city witnesses a rapid price hike in the real estate.”

Adding to this Shri. V Rajasekhar Reddy, General Secretary, CREDAI Hyderabad, said “We have witnessed a remarkable surge in the real estate sector in Hyderabad. The growth is primarily driven by the IT/ ITeS sector, with prominent global enterprises making Hyderabad their biggest Hub. 

The city is witnessing a significant activity in the Co-Working segment, an indicator of a surge in demand for allied services. Also, the sustained efforts of the stable state government in encouraging the ‘Innovation Economy’ in the city, that has made Hyderabad the No.1 innovation hub in the country. All this, supported by proactive and innovative government policies like TS-Ipass and the infrastructure development push, has helped attract investments to the city. 

Despite the rapid development, the city was ranked No.1 in Mercer’s annual Quality of Living Survey 2019 for the 5th time in a row making it a ‘most preferred city to live in’. It is only appropriate that we bring the 9thedition of CREDAI Hyderabad property show at Hitex from 31st January to 2nd February 2020 to offer a millions of home buyers an opportunity to find their dream homes. 

The buyers can avail the opportunity to get the best properties in the city under one roof and make a winning investment, that is bound to give magnificent returns on investment. We urge the homebuyers to visit the property show, to make the most of the opportunity and benefit from the exponential increase in property prices expected in Hyderabad.”


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HCL to Explore Technology-Powered Future of Digital Enterprises


HCL to Explore Technology-Powered Future of Digital Enterprises
at the World Economic Forum 2020

HCL and Fast Company hosting dialogues to set the agenda
on critical issues of the next decade

Davos, Switzerland and Hyderabad, India – January 21, 2020

 – HCL Technologies (HCL), a leading global technology company, today announced its participation in the upcoming World Economic Forum’s Annual Meeting in Davos For the second consecutive year, as part of its HCL 2030 platform, the company will host a series of thought leadership discussions, meetings and networking receptions at its pavilion throughout the three-day event.

Building upon their successful partnership at WEF in 2019, HCL and Fast Company will facilitate discussions on the convergence of technology innovation, human ingenuity, and critical thinking. HCL’s Davos Dialogues will see business leaders discuss the future of digital innovations related to the demographic, societal and technological trends shaping today’s interdependent, complex world.

The program schedule includes powerful sessions – including “CEOs: Disrupt Thyself,” “Banking Without Borders: Shaping an Open Financial Ecosystem,” “Defining Moments of Technology by 2030,” and “Building Trust: Reinventing Culture in a Digital World” – that will feature executives from the most innovative global organizations.

The HCL Pavilion will also showcase the engineering, product innovation and technology aspects of Digital Enterprise 4.0, demonstrating how these building blocks shape the future of new age business models, with practical application today. The Tech Showcase Zone will display game-changing solutions in Artificial Intelligence and Machine Learning, Automation, Blockchain, IoT, Quantum Computing and Consumer-Engagement technologies, in sectors such as financial services, retail, healthcare, transportation, and farming.

“As a Strategic Partner of the World Economic Forum, HCL is proud to collaborate with global leaders to develop innovative solutions to help solve emerging challenges for businesses and society at large,” said C. Vijayakumar, President & CEO, HCL Technologies. “HCL’s mission is to power individuals and digital enterprises with breakthrough technology to create a cohesive and sustainable future. We look forward to working with the global ecosystem in Davos to solve some of the world’s most pressing problems, by making tomorrow’s technology a reality today.”

For more information, visit https://www.hcltech.com/world-economic-forum.

About HCL Technologies 

HCL Technologies (HCL) empowers global enterprises with technology for the next decade today. HCL’s Mode 1-2-3 strategy, through its deep-domain industry expertise, customer-centricity and entrepreneurial culture of ideapreneurship™ enables businesses to transform into next-gen enterprises. 

HCL offers its services and products through three business units - IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). ITBS enables global enterprises to transform their businesses through offerings in areas of Applications, Infrastructure, Digital Process Operations and next generational digital transformation solutions. 

ERS offers engineering services and solutions in all aspects of product development and platform engineering. Under P&P, HCL provides modernized software products to global clients for their technology and industry-specific requirements. 

Through its cutting-edge co-innovation labs, global delivery capabilities and broad global network, HCL delivers holistic services in various industry verticals, categorized under Financial Services, Manufacturing, Technology & Services, Telecom & Media, Retail & CPG, Life Sciences & Healthcare and Public Services. 

As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability and education initiatives. As of 12 months ended December 31, 2019, HCL has a consolidated revenue of US$ 9.7 billion and its 149,000 ideapreneurs operate out of 45 countries. 

For more information, visit www.hcltech.com

Forward–looking Statements 

Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. 

All statements, other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the statements containing the words 'planned', 'expects', 'believes’,’ strategy', 'opportunity', 'anticipates', 'hopes' or other similar words. 

The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, business process outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost-effective and timely manner, time and cost overruns on fixed-price, fixed-timeframe contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies /entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. 


There can be no assurance that the forward-looking statements made herein will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. 

All forward-looking statements made herein are based on information presently available to the Management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.


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Edelweiss Finance and Investments NCD 10.25%

Edelweiss Finance and Investments NCD 10.25%  


Edelweiss Finance and Investments is coming up with secured NCDs now in 2020.
Edelweiss Finance and Investments Limited (EFIL) NCD Issue would open for subscription on 23rd January, 2020.
 Edelweiss Finance and Investments NCDs offer up to 10.25% interest rates. 

Issue start date  23-January 2020

Issue end date  31 January 2020



NCD’s are available in 9 different series. 

It offers NCD for 1.5 years, 3 years, 5 years and 10 year tenure.

Interest rates are between 9.7% to 10.25%.

These are secured NCDs.

Interest payable every month, every year and on a 
cumulative basis depending on the series chosen by the 
investor.

The face value of the NCD bond is Rs. 1,000.

Minimum investment is for the 10 bonds. Means, you need to invest for a minimum of Rs. 10,000. 
Beyond this you can invest in multiples of 1 bond.

These NCD bonds would be listed on BSE. 
Hence, these are liquid investments.

NRI’s cannot apply to this NCD subscription.

CARE has rated these NCDs as AA-/Stable and CRISIL 
rated them as AA-/Stable. The ratings of the NCDs by 
CARE, CRISIL and India Ratings indicate that instruments 
with this rating are considered to have a high degree of 
safety regarding timely servicing of financial obligations and 
carry very low credit risk.

The base issue size is Rs. 125 Crores with an option to 
retain over-subscription for another Rs. 125 Crores totaling 
to Rs. 250 Crores.

IDBI Capital and Edelweiss Financial Services are the Lead 
managers to the issue.



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