VRIDHI services Indians residing across the world!
You need not worry about Geographical Location to avail our services!
E-Mail Alerts Subscription: See on Left of your Screen
75% of the postings on each of the above networks are unique.
Posted by VRIDHI on 23/05/2015
Posted by VRIDHI on 14/04/2015
Want to Invest Systematically and Create Wealth?
Choose SWC Plan, Invest in Stocks or MFs
Click Here for the details
Participate in the India Growth Story with as low as Rs.500/- a month!
Posted by VRIDHI on 18/06/2014
Want to fulfil all your Dreams? Love your Family?
Want your Family to be Happy With u & After u?
is what you require! Click Here
*Kindly ignore, in case you don’t Love your Family!
Posted by VRIDHI on 05/06/2014
Small Investor? Don’t Worry!
With MFF service, even a Small Investor can get the Right Advice and invest in Stock Market. Click on the MFF Logo for all info
Large Investors can avail PortfolioVRIDHI and InvestorsARCADE service. Look at Section-3 on right side of your screen.
Posted by VRIDHI on 04/10/2015
Profits earned over last one year have suddenly turned into losses over the last two months. Use this melee in the global markets to add on stocks to your portfolio.
In the New Year post of MarketFastFood, we had mentioned that the yearend target for Sensex can be placed at 33600 – 35000 and before reaching the target we may see a resistance in a range, the upper figure of the range was 30006.
Market was very kind to behave, as precisely as mentioned by us. Not that this was first time, market in the previous occasions has again done exactly as we said. We are thankful to the lord for the silent guidance in studying the markets.
We had said 30006 and what did the Sensex do? On 4/Mar/2015 it hit 30025, tested the upper figure of the mentioned range and fell down. Frankly we didn’t imagine that market would correct so badly. VRIDHI has few jealous competitors out there and hence those people will be saying to themselves that: there is a difference between 30006 and 30025 and hence how can you use the word exactly? We would like to mention here that on an index of 30000 +/-300 points will also be termed as exact. We were very close though!
We will talk on the yearend target in the next post.
Coming back to the point, market corrected fiercely and we saw a low of 24834 on 8/Sep/2015. People who entered markets after 2008 saw a single day correction of 1500+ points for the first time. Seasoned investors are aware that such types of movements occasionally occur in the markets. But, investors who entered in 2009 and later years may be in a state of shock.
We almost tested the pre Modi victory levels. Meaning all the gains of past 12 months got wiped off and the portfolios which were showing profits are today back to square one and some of them even at negative levels.
The most common question we face today is: will market ever recover? Is it time to invest further? Or shall we sell and take out all our money?
What were the local factors behind the fall and what were the global factors?
The first local factor which spooked the market was the MAT on FII’s issue. The government could have avoided the controversy and the finance minister should have in the budget speech itself announced that MAT is not applicable on FIIs which do not have representation in the country.
We don’t want to comment on whether the goof happened due to lack of experience. Anyways the issue was resolved quickly and the FIIs are now exempted from April 2001.
The second factor was the Non Passage of the key reforms bills. The land bill was scrapped due to misinformation which was being spread by vested interests in opposition benches and the GST was blocked by some parties just for sake of opposing the bill.
It is just a question of time that GST will be passed since, people have started putting the pressure on those opposing it. Not that GST is the sole thing which will help India grow, just that it will speed up the process.
The final most important thing which has been a worry for the market is the deficit rainfall. The monsoon season has officially ended with a 14% deficit.
Are these problems a cause of BIG worry? We don’t think so. With passage of time all things will be set right. All other macro factors are in favour of our country and the policies of the government are on right track. If they continue working in the current way, we are sure we will be much higher than what we are today.
The major global factors have been on account of ailing dragon i.e. China and the slump in commodities market.
Well we don’t want to deliberate too much on global factors since we feel every problem outside India is actually Advantage India! Sounding selfish? Yes we are, and nothing wrong in thinking about the country. It’s time Bharat ruled the world.
So what should we do now? Buy Sell or just wait?
Investors with time horizon of 3+ yrs should not wait. Just invest. We will see Sensex and Nifty close to double from here in next 4-5 yrs. The government looks committed to growth, we as analyst can see what is happening. Yes, too much of efforts are being put in by the media and the opponents to divert the attention of the people. Will people get carried away is something which we need to wait and see.
Will the volatility continue? Yes, it will. Global conditions will not let us live happily. Internally the market will watch the upcoming Bihar elections very closely. If the current dispensation in Delhi is elected in Bihar, throwing out the so called grand alliance, we will see a sudden spurt in the sentiments. A defeat will temper down the blockage policy adopted by some parties and a bad defeat will force them to start talking growth.
Thus, on Nov.8 we will come to know if Bihar gives us Diwali gift or not. Hope sense prevails with every voter.
India is hungry for growth and no one should become a roadblock.
Finally, we are bullish, so should you be. Are you an existing investor? Then Invest More! Are you thinking of investing? Then Invest Today!
At Investors Service
Best Financial Advisors Consultants Chennai Bengaluru, MarketFastFood, Market Fast Food, VRIDHI, Vivek Karwa, Freelance Speakers for Broking Houses in Chennai, Freelance Speakers for Colleges and Private Classes, Stock Market Seminars Chennai Bengaluru, Wealth Management Companies Chennai India, List of Wealth Management Companies in Chennai India, List of Portfolio Managers Chennai India, Best Investment options Chennai India, Stock Market Training Classes Chennai India, best investment options in Chennai India, best investment plan Chennai India, best place to invest in Chennai india, top best investment plans Chennai india, good investment Chennai india
Posted by VRIDHI on 29/09/2015
Abhay Aima, Group head at HDFC Bank on the evolving landscape of wealth management for UHNIs and what it takes to make a good advisor
by Lisa Pallavi Barbora, 28/9/15, Mint
The value an advisor adds is plugging the gap of time, which a client doesn’t have, to focus on money management
Abhay Aima’s business card lists out four business segments that he is the head of. This shows his depth of experience. Yet his business card descriptions aren’t what define him. He is actually uncomfortable using more than one part of his long designation. Aima, group head, equities and private banking group, third-party products, NRI (non-resident Indian) and international consumer business, HDFC Bank Ltd, spoke to Mint about the evolving landscape of wealth management for ultra-high-net-worth individuals (UHNIs) and also what it takes to make a good advisor. Edited excerpts:
How open are UHNIs towards bankers and advisors giving them money management inputs?
The business of advisory has evolved over a period of time. In earlier days, the concept wasn’t there. As our economy has changed, so has the concept of managing money. Traditionally, money was with business families, which was a difficult segment to crack—the best thing for them to do was take the profits and reinvest in their businesses. The failure rates for Indian businesses were also low. Essentially, personal wealth rarely got impacted. Moreover, surplus simply went towards gold and real estate.
That has changed drastically. Businesses started failing. Secondly, money got made by the salaried class as well, whether through ESoPs (employee stock option plans) or through larger take-home salaries. On the other hand, traditional business setups saw the next generation taking over the reins and their outlook and approach was different.
Both these developments led to a rise in people looking for professional money managers. The salaried class provided a good opportunity as they represented first generation wealth, didn’t have time on their hands to manage money and understood the need for a professional.
The landscape of the advisory business is still changing. Asset allocation, for example, was an alien concept, so was the systematic investment plan. Up until a few years ago, it was more about shall I enter the equity market or shall I exit; it was never about understanding the allocation to equity at various points in time.
Do clients actually follow and stick to an asset allocation?
Traditionally, if you had a safe business, then why should one need an asset allocation? The other thing was that property and gold prices never went down. And the stock market was called satta bazaar (gambling den). There was no concept of asset allocation. The reality, though, is different now.
Gold prices are falling, people have burned their fingers in property and those who have stayed with equity for long have made money. Now, it is much easier to implement as wealth has moved to the salaried and next-generation entrepreneur; yet, there is a mindset which has been built over years and that needs to change.
Among UHNIs, there is access to information across products and an understanding of asset behaviour. Now, the focus is shifting from specific products to overall portfolio structure and money management. Being part of a bank, how does this affect you?
Earlier, both the advisor and the investor were happy with just products. Conceptually, it has taken time for wealth advisors to understand that low-hanging fruit isn’t always the answer. It is tempting to look at the immediate commission earned on a product rather than keeping the profile of the investor and the risk appetite in mind. You will make money immediately but it doesn’t pay over the long term. Ideally, what happens is that when an advisor approaches an UHNI, no matter how well established the organization he represents or the person’s skill, the client will not trust the advisor on Day 1. If you are very convincing and come with great credentials, at best you can get 20% of the investor’s wallet share. Over three-four years or so, if you manage to do a good job, then one may get 70-80% of the wallet share. This means you can’t be focused on short-term earnings and have to focus on the client’s interest. Only then does it become an easy ride. The moment a wealth advisor realizes this dynamic, it works. But it requires effort to get that first 20%. This is something that advisers still need to understand.
How does one private bank distinguish from another given that the overall product basket is accessible to all?
Ideally, what we just spoke about is that the focus needs to be on not looking at short-term earnings and aligning your needs with the client’s. That is easier said than done. Secondly, a distinguishing factor is how much you take the temptation away from the relationship manager. If you are able to centralize product recommendations and keep it independent of sales, then there is value. Advisors with a sales focus will always try to sell what is easier and has a high commission.
Transparency and trust is critical; how much return you are able to generate comes later. If the wealth manager could maximize returns for everyone, then she would be doing it for herself rather than others. We tell our advisors that the client has probably done better than them, otherwise she would be coming to us rather than us seeking her out.
The value an advisor adds is plugging the gap of time—which a client doesn’t have—to focus on personal wealth management.
Service levels are also a differentiator. If these are taken care of, even if a client has made a loss, they won’t walk away if you have been honest and diligent.
Top Best Financial Experts in TamilNadu Chennai Bengaluru India, List of CFPs in TamilNadu Chennai Bengaluru India, Individual Financial Advisors Chennai Bengaluru India, Independent Financial Advisors Chennai Bengaluru India, Certified Financial Planners India, Certified Personal Financial Advisors Planners Chennai Bengaluru India, Money Investment Advisers in India Chennai Bengaluru, Fee Based Top Best List Certified Financial Planners TamilNadu Chennai Bengaluru India, Financial Planning Companies TamilNadu Chennai Bengaluru India, Online Financial Planning Advisers Chennai Bengaluru, Financial Advisors List in Chennai Bengaluru, Financial Planning Presentations, Stock Market Tips, MarketFastFood Market Fast Food Money Advisors In Chennai India Financial Planners in Chennai India Financial Planning Companies in Chennai India Money Advisers in Chennai India Mutual Funds Advisors in Chennai India Investment Advisory Chennai Bengaluru India Systematic Investment Plan Mutual Fund SIP Mutual Fund ELSS Tax Saving Scheme, Good Speakers and Trainers in Chennai
Posted by VRIDHI on 07/09/2015
I was appointed as the HRD Director at M-Circle for the year 2015-16. The job of the HRD team is to organise programs, events, workshops which benefits the members, in our language: programs which appreciate the NAV of the member’s knowledge.
M-Circle was founded in March’2012 by a group of youth belonging to Maheswari community in Chennai with intention of Connect-Fellowship-Business motive. Within few years the organisation has scaled new heights and has already inaugurated Kolkatta chapter and few more are under process including Mumbai.
Being a Certified Financial Planner and Investment Adviser myself and knowing the fact that majority of Marwadi’s invest in equity markets, we in the board, led by MC President Mr.Sekhar Chandak came up with an idea of visiting the Historical Dalal Street and the BSE. We named the event as “Chalo Dalal Street” The idea was that most of the people who invest in equity markets all their life, actually never visit the epicentre of the business. Even today when someone speaks about Indian Stocks Market, the first thing which comes to the mind is Dalal Street.
We further thought why not call the who’s who of the industry to address us. Almost 50 members from various cities confirmed to fly down to Mumbai for the event. After almost 60 days of follow up’s we were able to get confirmations from six big wigs of the industry, and most of them Maheswari’s.
Our sincere thanks to Mr.Ashish Chauhan (CEO BSE), Mr.Anand Rathi (Anand Rathi Securities), Mr.Ramesh Damani (Member BSE), Mr.Krishna Kumar Karwa (Emkay), Mr.Ramdeo Agarwal (Motilal Oswal), Mr.Kishore Biyani (Future & BIG Bazaar Group) for having addressed us.
The event happened exactly a month back on 7/August/2015 at BSE Building. This topic being related to Investments, and moreover since the learning’s make even more sense today, post the recent correction in markets, I thought why not post the same on the web so that everyone can read the same and benefit. Yes, I have orally taken the consent of MC board for posting this article.
Speaker.1: Mr. Ashish Chauhan, CEO of BSE
He introduced the guests to the Stock Exchange in his own unique way. He took the group through the history, the challenges faced by the Exchange in its evolution, the hard work of the team in relentlessly keeping pace with changing legislature and modernization of the markets. Mr. Ashish encouraged the small & medium sized family owned businesses to consider listing on BSE, and educated about the Platform that BSE offered for such opportunities.
Speaker.2: Mr. Anand Rathi of Anand Rathi Securities
We had asked him to speak about his own success story and what he is looking forward in Indian Equity Market. Vision 2020 was what we asked him to expand on.
He was very articulate on the focus and dedication one should have in his life to achieve success. He informed us that he studied in Hindi medium during his school and then did CA in English medium. None believed that he could do it. Today he is running a business with branch network of around 400.
He said by 2020 we will not be less than double of what we are today. Markets have lots in store for us. But still not everyone will profit from it. He was very clear that if investing is not your full time profession do it through investment advisers. Right advice will only take you forward.
Speaker.3: Mr. Ramesh Damani
Everyone knows RD in Indian markets. He is one of the wizards of Dalal street and also a friend of one of the most followed investor in India, the big bull RJ alias Rakesh Jhunjhunwala.
We requested Mr.Damani to speak on the lessons learnt in the markets and learning’s from others mistakes. He should us the cycles of various markets across the world since 1900’s and taught us about the irrational behaviour of investors at both the Top’s and the Bottom’s. Irrational behaviour is the No.1 mistake of the investors. He also gave us examples of certain companies which he bought when the market was in distress. Wait for distress and be greedy!
Speaker.4: Mr. Krishna Kumar Karwa of Emkay Share Brokers
We asked Mr. Karwa to speak on ‘How to Cut the Noise and Excess Info’ we get daily.
He was very articulate and each point of his was hitting us hard. He was very clear, during bad times you will get all negative info and during good times we get only good info. Everyone tries to sail with the trend. Don’t watch/read too much of info on stock markets.
Speaker.5: Mr. Ramdeo Agarwal, Motilal Oswal
We went to the MOS towers and were amazed to see their passion for markets even in the way they have constructed the office building. Every evening the building is lit up in Red or Green based on that day’s market movement.
He was very clear in his thoughts. He said everything which India requires to grow is in place now, including a stable government. There will be teething problems but then things and economy will fall in place. Not investing in equities in today’s situation will be the biggest mistake. This is the right time to participate in the growth phase which our country may see in times to come.
The slogan of Buy Right, Hold Tight, also suggests buying stocks at the right time, when they are under-valued and retaining them for long-term to see them grow multi-fold.
Speaker.6: Mr. Kishore Biyani, Future Group
There may rarely be anyone reading this, who has not entered a Big Bazaar store. It was a Retail & Trading Break-Out Session. He shared his unique philosophy of “Create and Destroy”, in life, and how it correlates to business. His vision for retail is farfetched and strong confidence in the Indian market space, suggested opportunities to participate in a growing sector. The core values of Future Group were highlighted, and a message on trust was shared with the members present.
The above speakers have surely changed the way many people and investors think. For people like me it was a full refresher course. Few of them who have never invested till date have decided to start in a small way after hearing the examples of these wizards.
On day two, we had business meet arranged by our past president Mr. Ravhee Laddha at Hotel JW Marriott, Juhu, which was participated in large numbers by Mumbai Maheswari’s. We had two great personalities Mr. KK Maheshwari, working for Aditya Birla group, for over three decades now and Mr. Akash Moondara, Ex CFO of www.SnapDeal.com, he enlightened the delegates regarding the potential opportunities in the e-commerce and the m-commerce space.
‘I sincerely thank MC President Mr.Sekhar Chandak and the team which supported me for the event. Their vital contribution was the reason behind the success of this event.’
Financial Planning for Single Parents, Investment and Financial Planning for Divorcees, Financial Planning Consultants for Single Mother, Financial Planning for Single Father, Financial Planning for Software Professional Engineer, Financial Planning for Doctors, Investment Advisors for Doctors, Financial Planning for Lawyers, Financial Planning for Retired Employees, Best Financial Advisors Consultants Chennai, MarketFastFood, Market Fast Food, VRIDHI, Vivek Karwa, Freelance Speakers for Broking Houses in Chennai, Freelance Speakers for Colleges and Private Classes, Stock Market Seminars Chennai Bengaluru, best investment plan Chennai India, best place to invest in Chennai india, top best investment plans Chennai india, good investment Chennai india, best way to invest money in Chennai india, MarketFastFood Subscription, InvestorsARCADE Subscription, VRIDHI Mutual Funds Wealth Portfolio Management, SWC, Systematic Wealth Creation
Posted by VRIDHI on 21/07/2015
இந்தியா விவசயாத்தை நம்பிய நாடாகவே பல காலம் இருந்துவந்தது.. உலக வரைபடத்தில் இந்தியா என்னும் நாடு தன்னுடைய கலாச்சாரத்திற்கும், பண்பாட்டிற்கும் மட்டுமே முக்கியத்துவம் பெற்றிருந்தது.. தொழில் வளர்ச்சியிலும், பொருளாதார முன்னேற்றத்திலும் மிகவும் பின் தங்கிய நாடாகவே இருந்தது..கால ஓட்டத்தில், கடந்த 20 ஆண்டுகளில் தொழில்நுட்பத் துறையின் வளர்ச்சியால் ஒரு தலை சிறந்த நாடாக இந்தியா வளர்ந்துவிட்டது. உலகமே அஞ்சும் அமெரிக்கா கூட இந்தியாவின் தொழில்நுட்ப வளர்ச்சியை கண்டு அஞ்சுகிறது.. அமெரிக்க அதிபர் ஒபாமாவே தன்னுடைய தேசத்து குழந்தைகளிடம் சொன்ன ஒரு தகவல் – "இந்த தொழில்நுட்பத் துறையில் நீங்கள் சிறந்து விளங்கவில்லை என்றால், இந்திய இளைஞர் உன்னுடைய வேலையை தட்டி சென்றுவிடுவார், விழித்துக்கொள்!"
கடந்த 20 வருடங்களாக இந்திய பொருளாதார வளர்ச்சிக்கு IT துறை முக்கிய காரணமாக இருந்திருக்கிறது. இந்த அசுர வளர்ச்சியின் காரணமாக IT துறையில் வேலைக்கு சேரும் பலரும் அதிக சம்பளம் பெற்ற கதை ஊர் அறிந்த விஷயம். பெற்றோர்களும் தங்கள் பிள்ளைகளை IT படிக்க வைத்து, அதிக சம்பளம் பெற வேண்டும் என்று விரும்பினர்.. தங்களுடைய பனிக்காலத்தின் இறுதியில் பார்த்த சம்பளத்தை தன்னுடைய மகனோ/மகளோ வேலைக்கு சேரும்போதே பெற்றதை எண்ணி பெருமைப்பட்டனர்..
இதன் விளைவாக ஆடம்பர வாழ்க்கைக்கு அடிமையாகி செலவுகளும் அதிகரித்தன. Smartphone , கார் என EMI-களால் வாங்கினர்.. இன்னும் சிலர் வீடு(கள்) என்ன விலையாக இருந்தாலும் கவலைப்படாமல் EMI க்கு அடிமையாகி EMI -யை மணந்தனர். சிலருக்கு வந்த பணம் எங்கே போனதென்றே தெரிவதில்லை. காரணம் : அதிக சம்பளம் – தேவையற்ற செலவுகள்..
ஆனால் எதுவும் நிலை இல்லாத இன்றைய சூழலில், எத்தனை IT வல்லுனர்கள் தங்களுடைய எதிர்காலத்துக்காக சேமித்துள்ளனர்? வெகு சிலரே இதன் தேவையை உணர்ந்துள்ளனர்..அவ்வாறு உணர்ந்த மக்களும் தவறான முதலீடுகளை செய்துள்ளனர். வரி சேமிப்பு என்ற கண்ணோட்டத்துடன் தவறான முதலீடுகளை செய்து சிக்கிக்கொண்டு அந்த முதலீட்டின் மூலம் கிடைக்கும் வருமானம் பணவீக்கத்தை ஒட்டியே உள்ளது என்பதை தாமதமாகவே உணர்கின்றனர்..
நிதித் திட்டமிடல் என்பது அனைவருக்கும் ஆவசியம். IT துறையில் பணிபுரிவோருக்கு மிகவும் அவசியம்.. ஏன்?
1) மன அழுத்தம் அதிகம் உள்ள தொழில் : IT துறையில் பணிபுரிவோர் பெரும்பாலும் கால நேரம் பார்க்காமல் வேலை செய்யும் சூழல் உள்ளது.. அதோடு TOUGH TARGETS,TIGHT DEADLINES என்பதன் காரணமாக உடல் ரீதியாகவும் மன ரீதியாகவும் பாதிக்கபடுகின்றனர்..எத்தனை காலத்திற்கு இந்த மன அழுத்தத்தை தாங்கிக்கொண்டு வேலை செய்ய முடியும்?
2) 21 வயதில் IT துறையில் நுழையும் ஒரு பொறியாளர் 60 வயது வரை இந்த தொழிலில் வேலை செய்ய முடியும் என்ற உத்தரவாதம் உண்டா?
IT துறையில் இருந்த அசுர வளர்ச்சி இன்று சராசரியாக 10-15% ஒட்டியே உள்ளது. சம்பள உயர்வு என்பதும் 10% க்கு குறைவாகவே உள்ளது.. IT வரலாற்றில் நாம் பார்த்த அசுர வளர்ச்சி தொடருமா என்பது கேள்விக்குறியே!
நிம்மதியான ஒய்வுகாலத்துக்கும், குடும்பத்தின் வருங்கால தேவைகளுக்கும் சரியான நிதித் திட்டமிடல் என்பது IT துறை பணியாளர்களுக்கு மிகவும் அவசியம்.. இது வரை செய்யாமல் இருந்தாலும் தவறில்லை.. உடனடியாக உங்கள் குடும்பத்துக்கான நிதித் திட்டமிடலை செய்துகொள்ளுங்கள்!
Please share this Article with your Friends, Relatives and Colleague’s for their benefits… To contact us Click Here
Financial Planning for Information Technology Employees, Financial Planning for IT Employees, Investment Advice for IT Employees, Tax Saving for IT Employees, Job Offers in IT Sector, Opportunities in IT Sector, Layoffs in IT Sector in India, Fee Based Top Best List Certified Financial Planners Chennai Bengaluru India Certified International Wealth Management Advisors Companies in Chennai Bengaluru India Stock Market Mutual Funds Tax Saving ELSS Consultants Advisors Brokers Agents Managers in Chennai India Vridhi Vivek Karwa Investment Advisors Consultants Chennai Executive Financial Planner Jobs Stock Market Finance and Mutual Fund Distribution Tax Planning Certified SEBI Registered Personal Investment Advisers Planners in Chennai India Rakesh Jhunjhunwala Portfolio, Financial Planning Presentations, Stock Market Tips, MarketFastFood Market Fast Food Money Advisors In Chennai India Financial Planners in Chennai India Financial Planning Companies in Chennai India Money Advisers in Chennai India Mutual Funds Advisors in Chennai India Investment Advisory Chennai Bengaluru India Systematic Investment Plan Mutual Fund SIP Mutual Fund ELSS Tax Saving Scheme, Good Speakers and Trainers in Chennai