Hi dear NRI's
i know its being very difficult to gather all info and rules about how to start trading(Investing) into the Indian share markets.
To have the complete info please visit the NRI Section of the website.
and come back here to give your comments and valuable suggestions.
Thanks and Regards
Team
www.theequitymarkets.com
Tuesday, June 29, 2010
Saturday, June 26, 2010
New Fund Offer (NFO)
Have you applied for any of the New Fund Offer (NFO) in recent times?.
If your answer is yes, what motivates to take the decision and select a particular NFO?. There are many number of New Fund Offer (NFO) schemes coming in to the market, it makes the investors confused and they are unable to choose the right one. If you are in the same boat, please read this article before taking any firm decision on your hard earned money. To explores the pitfalls for investing in the NFOs and why more fund house announcing the new schemes do visit www.theequitymarkets.com
DO come back here to post your valuable comments and queries on the topic
Happy Investing
Regards
Team
www.theequitymarkets.com
If your answer is yes, what motivates to take the decision and select a particular NFO?. There are many number of New Fund Offer (NFO) schemes coming in to the market, it makes the investors confused and they are unable to choose the right one. If you are in the same boat, please read this article before taking any firm decision on your hard earned money. To explores the pitfalls for investing in the NFOs and why more fund house announcing the new schemes do visit www.theequitymarkets.com
DO come back here to post your valuable comments and queries on the topic
Happy Investing
Regards
Team
www.theequitymarkets.com
Which health insurance policy suite your needs?
Do you have confusion on choosing the right health insurance policy?
Many of us have the same complaint, because the lack of awareness on insurance policies in India. There are numerous factors to be considered before choosing an health insurance policy. First step would be to learn about the different types of medical insurance policies available in the market. Same policy will not be suitable for every one. One has to select the policy depends on his age, family dependency, rick on life, etc. The following sections of our website explain you the different types of health insurances and when it is suitable for your needs.
For your valuable comments and queries please come back here
have a safe and secured life
Regards
Team
www.theequitymarkets.com
Many of us have the same complaint, because the lack of awareness on insurance policies in India. There are numerous factors to be considered before choosing an health insurance policy. First step would be to learn about the different types of medical insurance policies available in the market. Same policy will not be suitable for every one. One has to select the policy depends on his age, family dependency, rick on life, etc. The following sections of our website explain you the different types of health insurances and when it is suitable for your needs.
For your valuable comments and queries please come back here
have a safe and secured life
Regards
Team
www.theequitymarkets.com
Loan on Gold Jewellery
Hi dear investors
ever thought of taking loan on your idle(must say your precious) gold jewelery. You might be watching several ads in both print and electronic media in which various NBFC giving gold loans, but you are not aware what to do and how to proceed for the same then to find all answers to your questions do visit www.theequitymarkets.com
and come back here again for your valuable comments and queries
Thanks and Regards
Team
www.theequitymarkets.com
ever thought of taking loan on your idle(must say your precious) gold jewelery. You might be watching several ads in both print and electronic media in which various NBFC giving gold loans, but you are not aware what to do and how to proceed for the same then to find all answers to your questions do visit www.theequitymarkets.com
and come back here again for your valuable comments and queries
Thanks and Regards
Team
www.theequitymarkets.com
What is Householder Package Policy (HPP)
Hi dear investors
here we present our whole new topic on Home insurance products available in markets.
to view our complete coverage on the topic do visit www.theequitymarkets.com
and for your valuable comments and queries come back here.
Regards
www.theequitymarkets.com Team
here we present our whole new topic on Home insurance products available in markets.
to view our complete coverage on the topic do visit www.theequitymarkets.com
and for your valuable comments and queries come back here.
Regards
www.theequitymarkets.com Team
Friday, June 11, 2010
New cheque clearing norms in effect from 1st july 2010
THINK ‘payment’ and the first thing that comes to mind is perhaps a cheque book. As advanced methods like credit cards and net banking continue to make inroads into the Indian financial system, payment by cheque remains the most preferred option in India.
No wonder then, that the volume of cheque clearing is as high as 6 million every year in India. And the Reserve Bank of India (RBI) faces a tough challenge of making the process more efficient, faster yet safer.
Keeping this is mind, the RBI has already completed a pilot for a project called ‘Cheque Truncation System (CTS)’ and seeks to implement it by July 1st, 2010. The Cheque Truncation System has the capability to process the cheque based on its image, doing away with the need for an actual cheque at the time of clearance.
To bring this system into effect, the RBI has prescribed certain benchmarks towards achieving standardization of cheques issued by banks across the. In February 2010, RBI issued a circular known as 'CTS-2010 standard '.
One of the most important points is - ‘Prohibiting alterations / corrections on cheque’ ie no changes / corrections should be carried out on the cheques and this comes into effect from 1st July 2010. That means customer would need to issue a fresh cheque for any change in:
• payee’s name
• amount in figures
• amount in words
Circular also asked banks to make changes in the existing cheque. Here are few changes listed in the circular
1. All cheques shall carry a standardized watermark, with the words “CTS-INDIA” which can be seen when held against any light source.
2. Pantograph with hidden word “COPY” or “VOID” feature shall be included in the cheques so it should be clearly visible in photocopies and unspecified scanned color images.
3. Bank’s logo shall be printed in ultra-violet invisible ink.
4. All cheques should be issued with the account number field pre-printed. This is mandatory for current account holders and corporate customers.
All these changes on the cheque leaf will make it more secure and easy to handle. In the age of technology, the RBI has geared up to ensure to unauthorized copy of cheque gets cleared under Cheque Truncation System.
for more banking related queries do visit : http://www.theequitymarkets.com/banks.htm
No wonder then, that the volume of cheque clearing is as high as 6 million every year in India. And the Reserve Bank of India (RBI) faces a tough challenge of making the process more efficient, faster yet safer.
Keeping this is mind, the RBI has already completed a pilot for a project called ‘Cheque Truncation System (CTS)’ and seeks to implement it by July 1st, 2010. The Cheque Truncation System has the capability to process the cheque based on its image, doing away with the need for an actual cheque at the time of clearance.
To bring this system into effect, the RBI has prescribed certain benchmarks towards achieving standardization of cheques issued by banks across the. In February 2010, RBI issued a circular known as 'CTS-2010 standard '.
One of the most important points is - ‘Prohibiting alterations / corrections on cheque’ ie no changes / corrections should be carried out on the cheques and this comes into effect from 1st July 2010. That means customer would need to issue a fresh cheque for any change in:
• payee’s name
• amount in figures
• amount in words
Circular also asked banks to make changes in the existing cheque. Here are few changes listed in the circular
1. All cheques shall carry a standardized watermark, with the words “CTS-INDIA” which can be seen when held against any light source.
2. Pantograph with hidden word “COPY” or “VOID” feature shall be included in the cheques so it should be clearly visible in photocopies and unspecified scanned color images.
3. Bank’s logo shall be printed in ultra-violet invisible ink.
4. All cheques should be issued with the account number field pre-printed. This is mandatory for current account holders and corporate customers.
All these changes on the cheque leaf will make it more secure and easy to handle. In the age of technology, the RBI has geared up to ensure to unauthorized copy of cheque gets cleared under Cheque Truncation System.
for more banking related queries do visit : http://www.theequitymarkets.com/banks.htm
Tuesday, June 8, 2010
PSU(Public Sector Units) Mutual Funds: Should you invest?
Even in the somewhat boring world of finance, fads do have their sway.
Suddenly one sees a rash of IPOs and the accompanying frenzy and another moment there is some capital protection fund that is keeping people in a tizzy. Mutual Funds (MFs) have been cranking out amazing acronyms like SMILE, TIGER, FORCE etc. to endear themselves to investors. Then came themes. Infrastructure & Lifestyle funds were a rage about three years ago. Midcap Funds become red hot after that. Then fixed maturity plans - FMPs and other debt funds gained currency. Now the flavor of the season in MFs seems to be PSU funds- public sector company funds.
What is the logic of a PSU Fund?
Government owned companies are being disinvested now and there seems to be an interest in participating in it. Investing in government owned companies by itself does not look like a theme. The spin given by MF houses is that these companies are storehouses of tremendous value and when this value is unlocked, investors will be frightfully rich. But the companies can be from diverse fields, making it a diversified fund in any case. But, the majority of the companies in the fund will be government owned. So, this a ownership-basis segmented fund.
Is it a good idea then to invest in these MF?
Any company needs to be selected on merits. All government oriented companies are not pure gems. There are gems and there are coal lumps. Bracketing everything under the PSU umbrella and investing in them is obviously not a great idea. The fund manager will have to sift within this pool and select the good ones from the pool. Owning such a fund in noway gives one a better scheme that what is available today.
Government companies are a varied lot. There are good, performing ones like BHEL, NTPC etc. and there are bad ones (many performing too poorly to even merit a mention). The real bad ones cannot be divested, in any case. There are others that will be a victim to government ownership and policies like BPCL, HPCL and other oil companies, which are bleeding due to the onerous burden imposed by it’s owner – the Government.
Government companies can expect some favourable treatment in the policy space which molly-coddles them, like preference to them in government contracts, protection from competition etc. But there are several negatives in government ownership - recruitment policies, compensation policies , speed of decision making, indifferent client servicing and the image they consequently have, bureaucratic processes are all typically their Achilles heel. There may be some who have overcome these, but a majority have still got to surmount these and many other obstacles.
On the whole, government ownership per se, is not a positive for a business. It is a good idea to stay away from these funds. MFs are latching on to the latest fads. You don’t have to. It’ your money after all!
Regards
Team
www.theequitymarkets.com
Suddenly one sees a rash of IPOs and the accompanying frenzy and another moment there is some capital protection fund that is keeping people in a tizzy. Mutual Funds (MFs) have been cranking out amazing acronyms like SMILE, TIGER, FORCE etc. to endear themselves to investors. Then came themes. Infrastructure & Lifestyle funds were a rage about three years ago. Midcap Funds become red hot after that. Then fixed maturity plans - FMPs and other debt funds gained currency. Now the flavor of the season in MFs seems to be PSU funds- public sector company funds.
What is the logic of a PSU Fund?
Government owned companies are being disinvested now and there seems to be an interest in participating in it. Investing in government owned companies by itself does not look like a theme. The spin given by MF houses is that these companies are storehouses of tremendous value and when this value is unlocked, investors will be frightfully rich. But the companies can be from diverse fields, making it a diversified fund in any case. But, the majority of the companies in the fund will be government owned. So, this a ownership-basis segmented fund.
Is it a good idea then to invest in these MF?
Any company needs to be selected on merits. All government oriented companies are not pure gems. There are gems and there are coal lumps. Bracketing everything under the PSU umbrella and investing in them is obviously not a great idea. The fund manager will have to sift within this pool and select the good ones from the pool. Owning such a fund in noway gives one a better scheme that what is available today.
Government companies are a varied lot. There are good, performing ones like BHEL, NTPC etc. and there are bad ones (many performing too poorly to even merit a mention). The real bad ones cannot be divested, in any case. There are others that will be a victim to government ownership and policies like BPCL, HPCL and other oil companies, which are bleeding due to the onerous burden imposed by it’s owner – the Government.
Government companies can expect some favourable treatment in the policy space which molly-coddles them, like preference to them in government contracts, protection from competition etc. But there are several negatives in government ownership - recruitment policies, compensation policies , speed of decision making, indifferent client servicing and the image they consequently have, bureaucratic processes are all typically their Achilles heel. There may be some who have overcome these, but a majority have still got to surmount these and many other obstacles.
On the whole, government ownership per se, is not a positive for a business. It is a good idea to stay away from these funds. MFs are latching on to the latest fads. You don’t have to. It’ your money after all!
Regards
Team
www.theequitymarkets.com
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