Memo 25 – Market View – Who shall pass the litmus test?

Let us start this note with the small caveat that we usually put at the end of all our articles – “Equity as an asset class can be extremely rewarding in the long term. However, only those individuals who can bear the interim volatility should invest in equities”. After almost four years of relatively smooth ride, this “interim volatility” is very much here and this could well be the litmus test of the investor in “you”. The reason for terming this phase as litmus test is because this will be t...
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HDFC AMC IPO – Invest

Yes, you have read it correctly. India’s largest mutual fund is coming out with its own IPO and we have strong reasons to believe that it is a good long term investment. HDFC group has touched us in many ways – either through its bank account or its home loan or its insurance products or its mutual funds. Each of these businesses (bank, home loan & insurance) have created immense wealth for its shareholders and this IPO will be no different. Investment Arguments 1. Lowpenetration of eq...
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What we learnt from our Customers’ Financial Planning?

“6 time Grand Slam champion Boris Becker was declared bankrupt.” “The famous Baywatch babe Pamela Anderson went from becoming a millionaire to going broke” These stories, though startling, are not uncommon. You can read Pamela Anderson’s story here - https://greenedgewealth.com/2016/10/25/what-pamela-anderson-teaches-us-about-investments/ Why should financial planning be done? Over last 18 months, we have completed financial planning for many clients. We were pleasantly surprised with th...
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DHFL NCD -A Good Fixed Income Opportunity

DHFL NCD -A Good Fixed Income Opportunity? It’s not just the IPO market which is buzzing, but also the debt market, which is providing back-to-back opportunities not only to lock-in your monies at higher fixed interest rates vs. Bank FDs but are also offering scope for capital appreciation. The last 3 months saw the launch of Edelweiss Housing Finance NCD & Mahindra & Mahindra Financial Services NCDs, while August will witness the launch of Dewan Housing Finance Ltd’s (DHFL) Non-Convertible D...
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