Save Tax

SAVING TAX is SAVING MONEY

Government allows you to Plan and Save Tax

Don’t Delay, the more you delay, chances are, you may get stuck with wrong products in hurry burry

Call – Email – WhatsApp us

If you need a presentation for a group in your company, we can do that.

Advertisements

Aadhar Linking to Investments

It is now mandatory to link your #Aadhar number with your #MutualFund’s and Trading Accounts.

You can choose from the below options:

CAMS: Online Link Physical Form

Karvy: Online Link Physical Form

In case you are choosing the Physical Form option, kindly sign the form and send it to our address along with a copy of Aadhar. Don’t forget to write your mobile number and email behind the Aadhar xerox.

Even if you are not a client of #VRIDHI we will get it processed for you.

Trading Account Clients:

Without any delay kindly send by post or courier ‘Two Self Attested Photocopy of Aadhar’ to the below address immediately:

VRIDHI, 2E Zama Flats, 475/31 Mount Road, (Behind TempleTowers) Nandanam – 600035. Mobile: 9551110505

 

Financial Planning is a Must to deal with Recession

Most industries across the world are reeling under huge stress due to recession.

The Software and the Technology industry is the worst affected. Expect more Job Losses and Lay-Offs with advancement of Big Data Analytics and Artificial Intelligence.

It makes sense to get yourself Financially Prepared before any untoward incident hits you or your family.

The below picture speaks volumes of an employees life in all industries today.

 

***

We had posted an article in 2016 related to this and that holds true even today. Many Software Engineers and employees of other industry approached us after reading the article and they are much more confident people today. Click Here to read the article. Tamil Version: Click Here

 

Year 2018 is going to be differentiator between the Men and the Boys

What a year 2017 has been. The Sensex has risen from 26595 to 34057 in one year. That’s 21.91% in a year, meanwhile the BSE Midcap delivered 47% while the BSE Small Cap Index took away the winners prize with a whopping 58%

This is an eye opener for those who stay away from Equities thinking that they are risky. They are risky only if you invest with expectations of high returns in short term, if people treat Equities like Long Term Fixed Deposits then they become more and more safer with the passing time. This does not mean you go and do the act of investing yourself. The line ‘they become more and more safer with the passing time’ holds good only when you are seeking the advice from an experienced advisor. Keep in mind there are many examples where people have lost even in 2017, though 2017 can be termed as best of the years.

So how does 2018 hold for investors? We at VRIDHI believe 2018 is going to be a challenging, volatile and a year with full of surprises, and yet there would be ample number of opportunities which would frequently be thrown up, will the investors grab them at the right point is a big question. Hence again you may need help of an experienced advisor. In 2017 the percentage of regrets may have been very less but 2018 would clearly differentiate between the Men and the Boys. Only seasoned people will be able to grab most of the opportunities.

We may end Sensex in 2018 at around 38750 – 40000. We may see great amount of support at 29450 on the lower side and immediate support at 32550. When we say target of around 38750 – 40000 for the year, in percentage terms it is just around 12% to 17% meaning we need to be really opportunistic in the ensuing year. Those not feeling happy with these returns kindly keep in mind Equities will still be the best performing asset class in this year and hence stay invested in a tactical manner!

Follow this website by typing in your email id. In case you care not able to see the box, log into www.VRIDHI.co.in on a desktop.

So what can drive the market up or down in the next year? Some of the factors are mentioned below:

* Earnings pickup: Since many quarters, we all are expecting that the corporate earnings would pick up soon. After the implementation of GST and the systems having almost settled fully, we expect that the earnings can pick up from March quarter onwards. If the earnings pick up happens in a secular manner we may cross even the 40k mark which we have mentioned above.

* Budget and Govt Spending: Feb.1 would be the last full budget of this government and hence expect many favourable announcements for the people and the economy. Only thing which we should be alert of is that the govt should not go overboard and create fiscal deficit. But knowing the politics of Mr. Modi, the freebie politics is not present in the blood of Modi like others. Widening of Fiscal Deficit can create problems like those we saw during 2013 under MMS. This govt has been under control till now.

* State Elections and General Elections: People in general don’t think with mind open. They would see a great defeat in Modi if the ruling party does not fare well in a state like TN where they actually have no presence! They conveniently forget the 19 state governments and central govt is ruled by same people. Mentioning all these since every state election is crucial in 2018. There are 8 state elections and we expect even the general elections to be advanced to Dec’18. We saw 800 points intraday dip when at a point of time Congress went ahead in Gujarat! Hence market is not going to like any bad surprises and market expects that the same PM be re-elected. Any change would be a temporary but sharp setback to our money!

* Global Markets and Geo-Political Tensions: Globally markets are flushed with liquidity. As long as this liquidity is not squeezed out, we would continue doing well. The risk of North Korea, Pakistan and the likes going out of senses is a huge problem. India is also seeing huge money flowing into markets from the traditional FD investors.

* Inflation and Interest Rates: There are fears that RBI may hike Interest Rates in case Inflation spikes up. We are totally control over inflation till now and are around the RBI expectations. Inflation spikes can bring in selling pressure in the markets and a rate hike can make the situation worse.

We don’t think Interest Rates can move up from here, on the contrarian we feel they are still headed only downwards. Those meeting their ends meet with the interest amounts are finding it quite difficult. Senior Citizens in particular are feeling the pinch. Sadly this is a global phenomenon and we got to deal with it.

With 2017 getting over, let’s change our thinking. Let 2018 begin looking for new opportunities. At VRIDHI we can help you get better than Fixed Deposits with minimum risks. We take Extra Care of Retired and Seniors Citizens. VRIDHI has representations in Delhi, Chennai, Goa and Nagercoil.

Many of you would be looking for some safe bets in 2018, have tried to mention few of them on this show at Moneycontrol. You can view the show by Clicking Here.

So plan your money well in 2018 and tag your investments with your goals in life. Don’t blindly invest in anything, including Bitcoins! Seek help of your Investment Adviser.

Happy Investing

Vivek Karwa

www.facebook.com/MostWantedIndian/

 

Gabbar Singh Lost! – Gujarat Elections Perspective

How do Gujarat Elections Results impact our Investments and the Markets?

First of all, don’t consider this article as political. Markets track politics very closely and hence it’s our duty to bring out 360 degree perspective of the results to the investors.

The Gujarat Elections Verdict was most sought after results by the country, government and the opposition. The very fact that, in spite of BJP winning 2/3rd majority in Himachal Pradesh, none of us are talking about that proves the importance of Gujarat Verdict.

Gujarat is one of the hubs of businesses in India, Textile and Diamond industry breaths and lives there. After Demonetisation and then implementation of GST, both these industries had almost come to a standstill. Coupled with 22 yrs of anti-incumbency and Modi moving away to Delhi, the ground was looking slippery for the BJP.

Thus we saw some welcome changes in the GST which basically settled the anger of the voters in South Gujarat particularly. I have been talking to Textile traders in Surat and they all were satisfied with the moves.

The results prove that People of India are with the Reforms. Only Reforms can take us forward.

With all due credit to Rahul Gandhi, he really did very smart campaigning this time. He started with the issues related to GST and people were able to relate the pain. But then due to lack of guidance he started sounding against reforms by calling GST as Gabbar Singh Tax. Further RG roped in the Pattidar leaders who were doing vote bank politics.

Had Rahul Gandhi stood by only with the problems faced by people, there were fair chances that Congress would have scrapped through the half way mark. Early trends in the morning were showing as if Gabbar Singh would win but then how all villains in movies lose at the end…

The result sends some good message to the markets. Sensex opened almost 600 points and then went back to green. High time the opposition stops talking against Demonetisation and GST. People are thinking differently.

The victory of BJP means the reforms may continue, also a lower victory for the BJP means the reforms will be more people friendly and not one sided.

Hence there are sectors which will benefit immensely with these expectations. Call your Investment Adviser and invest to make money.

Happy Investing

Vivek Karwa

www.facebook.com/MostWantedIndian/ (You can follow VK here)

Follow this website by typing in your email id. In case you care not able to see the box, log into www.VRIDHI.co.in on a desktop.

Sensex 2018 Invitation

As you all may be aware, Mr. Vivek Karwa is the Chairman of the Expert Committee on ‘Financial Markets and Economic Affairs’ at Hindustan Chamber of Commerce, Chennai, is pleased to Invite you all for the Sensex 2018 program.

Do call/mail and register your name immediately.

FDRI Bill 2017

Dear All,

Lot of negative, false rumours are being circulated on the WhatsApp groups and other social media that the Financial Deposit and Resolution Bill 2017 in short FDRI Bill is going to steal away your Fixed Deposits in banks.

Kindly don’t fall prey to such rumour mongering by unscrupulous people with mala fide intentions.

Your Deposits in Indian Banks are 100% Safe and Secure.

Inform this to your Friends, Colleagues and Relatives.

For Further Clarifications:

Think Investments Think India

We at VRIDHI wish you all a Very Happy Deepavali, may the Samvat 2074 bring in more prosperity and India emerges stronger.

In the previous MarketFastFood article we had mentioned that Investors think markets can only go up, meaning they are currently thinking that markets cannot come down. You can read the article by clicking here. Fact of the matter is, within few days of posting that article, the markets did correct by almost 4-5% and further as mentioned in the article again, market also recovered very fast and we all know where it is today. We are hovering at around 32600 today.

Performance wise, last Diwali to this Diwali has been splendid. Diwali last year was on 30-10-2016 and the Sensex was at 27900 approx. and today it is at 32584.

Very soon after Diwali last year, the government announced Remonetisation of Rs.500/- and Rs.1000/- notes on 8-Nov.

The political scenario post Nov-8 has been too hot with opposition trying to criticise the move. Fact is, they themselves do not know if it’s needed for the country or not. Any person with little common sense would know that when around 85% of the currency in circulation was of high value, and further 85% of that high value never entered any bank account is enough proof that most was in black.

Ask this to any Economist, Fund Manager or an Analyst and they would confirm this. Don’t think why our former PM opposed it, he needs to remain in good books of his leaders, period. Black money in system leads to high inflation in real assets and that’s why Real Estate became unaffordable to Indians.

Remonetisation was needed to formalise the economy and remove the mess of high value currency. We feel the Rs.2000/- notes won’t stay for long. Further Remonetisation was also required before the roll out of GST.

The only disappointment was that 99% notes came back. Many thought a lakh crore may not come back. But then thinking in hindsight, why should one throw away his money particularly when a declaration scheme was also announced. Post that, we have seen frequent raids, investigations, clampdown on shell companies etc etc. All these are by-products of Remonetisation.

Now the GST, Congress tried it hard to roll it since they knew it is going to benefit the country in long term and hence take the credit for it. But they failed to convince their own CMs and allies and hence failed. The present government will get the credit after 12-18 months and until then many people will continue cursing it and many optimists like me are hopeful that the present confusion will be a history soon.

When VAT was rolled out we saw similar pattern. GST is much bigger and hence more teething trouble. They naysayers, the pessimists will rejoice on one or two bad economic numbers but take it from me the country will benefit over long term. GST expects people to do business legally and those used to without bill business are shouting the most. Country is changing, instead of crying, change your business model else you will be wiped off.

Hence we need to ignore the initial teething problems and only then you can be a partner in the countries progress.

You can call 99% cash coming back into the bank as positive too. All this money is now legally getting invested in Financial Products. Earlier people used to avoid since it was all cash, now having ‘adjusted’ the amounts they are getting channelized. With falling interest rates and real estate prices under check due to remonetisation and other factors, people are choosing Equity Markets and Mutual Funds.

Are the valuations costly? No Brainer question, they valuations are sky high. Hence you need to be cautious and invest only with assistance of a Financial Planner.

Market is giving opportunity to all type of investors. Fixed Deposit investors can get better returns with reasonable amount of safety through proper planning. Long Term investors can spot value buys.

Let the pessimists continue with their negativity, just believe in India story and you would not regret. Once again, wishing you all a Happy Diwali and a Prosperous New Year.

‘visit www.VRIDHI.co.in on a laptop and you will find email alerts signup on top right of the screen. Join in for regular updates’

Stay connected with VRIDHI. You can follow us on Social Media. For all details Click Here.

Happy Investing

VIVEK KARWA, CFPCM

Financial Planner & Wealth Creator