| Pre-budget and Post Budget Market Performance | |||||
| | BSE Sensex | % Change | |||
|
| One Month | Closing on | One Month | Month Pre | Month Post |
| 1991 | 982 | 1,220 | 1,168 | 24.2% | 4.3% |
| 1992 | 2,214 | 2,831 | 3,802 | 27.9% | 34.3% |
| 1993 | 2,681 | 2,652 | 2,225 | -1.1% | -16.1% |
| 1994 | 4,054 | 4,286 | 3,776 | 5.7% | -11.9% |
| 1995 | 3,506 | 3,487 | 3,460 | -0.5% | -0.8% |
| 1996 | 3,925 | 3,808 | 3,406 | -3.0% | -10.6% |
| 1997 | 3,526 | 3,475 | 3,361 | -1.4% | -3.3% |
| 1998 | 4,007 | 3,643 | 3,231 | -9.1% | -11.3% |
| 1999 | 3,293 | 3,400 | 3,683 | 3.2% | 8.3% |
| 2000 | 5,336 | 5,447 | 5,041 | 2.1% | -7.5% |
| 2001 | 4,330 | 4,274 | 3,788 | -1.3% | -11.4% |
| 2002 | 3,318 | 3,562 | 3,469 | 7.4% | -2.6% |
| 2003 | 3,250 | 3,284 | 3,115 | 1.0% | -5.1% |
| 2004 | 4,962 | 4,844 | 5,197 | -2.4% | 7.3% |
| 2005 | 6,556 | 6,714 | 6,511 | 2.4% | -3.0% |
| 2006 | 9,920 | 10,370 | 11,086 | 4.5% | 6.9% |
| 2007 | 14,091 | 12,938 | 12,884 | -8.2% | -0.4% |
| 2008 | 17,649 | 17,579 | 16,371 | -0.4% | -6.9% |
| 2009 | 15,104 | ?? | ?? | ?? | ?? |
| Average since 1991 | 2.80% | -2.1% | |||
| Standard Deviation since 1991 | 9.2% | 11.1% | |||
Wednesday, June 24, 2009
Pre-budget and Post Budget Market Performance
Monday, June 8, 2009
SEBI pulls up Reliance MF for rule violation
Reliance Mutual Fund has filed the Compact Disc with respect to the advertisement clippings being telecast regarding the New Fund Offer (hereinafter “NFO”) of “Reliance Infrastructure Fund” with the Board only on June 3, 2009 even when the NFO opened on May 25, 2009.
In exercise of the powers conferred under Section 11(1) of Securities Exchange Board of India Act, 1992 (SEBI Act, 1992) SEBI issued Circular dated February 26, 2008 under Regulation 77 of the SEBI (Mutual Funds) Regulations, 1996 (hereinafter referred to as Mutual Fund Regulations) to all Mutual Funds registered with SEBI.
The circular provides as under: “With effect from April 1, 2008…the time for display and voice over of the standard warning be enhanced to five seconds in audio visual advertisements.”
Further, in terms of Regulation 30(1) of the Mutual Fund Regulations, it is required that inter alia advertisements in respect of every scheme have to be submitted to the Board within 7 days from the date of issue.
However, Reliance Mutual Fund has filed the Compact Disc with respect to the advertisement clippings being telecast regarding the New Fund Offer (hereinafter “NFO”) of “Reliance Infrastructure Fund” with the Board only on June 3, 2009 even when the NFO opened on May 25, 2009.
The rapid fire manner in which the standard warning “Mutual Fund investments are subject to market risks, please read the scheme information document carefully before investing” as recited in the audio visual renders it unintelligible. This leads to a situation where the investors are not able to take well informed investment decisions. This is a serious violation.
Therefore, in order to protect the interest of the investors and for orderly development of the securities market, urgent directions in this regard need to be issued. Further, in order to ensure that such kind of violations do not continue or repeated to the detriment of the investors and also to act as a deterrent, certain preventive directions need to be issued immediately.
Accordingly, in exercise of the powers conferred upon me under Section 11(1), 11(4)(b), 11B read with Section 19 of the SEBI Act, 1992 and Regulation 76(1) of the Mutual Fund Regulations, I hereby direct Reliance Mutual Fund and Reliance Capital Asset Management Limited to forthwith withdraw the advertisement in its current form and re-issue the same, if it is so desired, strictly in compliance with the provisions of the aforesaid circular.
Further, Reliance Mutual Fund and Reliance Capital Asset Management Limited are directed to show cause as to why they should not be restrained from launching any new scheme for an appropriate period for the aforesaid violations. 9. This ex parte order may also be treated as a Show Cause Notice and Reliance Mutual Fund and the Reliance Capital Asset Management Limited may, if they so desire, submit their reply and may seek a personal hearing in the matter within fifteen days from the date of this order.
This order is passed on this day, the 3rd of June 2009 and shall come into force with immediate effect and continue till further orders.
In exercise of the powers conferred under Section 11(1) of Securities Exchange Board of India Act, 1992 (SEBI Act, 1992) SEBI issued Circular dated February 26, 2008 under Regulation 77 of the SEBI (Mutual Funds) Regulations, 1996 (hereinafter referred to as Mutual Fund Regulations) to all Mutual Funds registered with SEBI.
The circular provides as under: “With effect from April 1, 2008…the time for display and voice over of the standard warning be enhanced to five seconds in audio visual advertisements.”
Further, in terms of Regulation 30(1) of the Mutual Fund Regulations, it is required that inter alia advertisements in respect of every scheme have to be submitted to the Board within 7 days from the date of issue.
However, Reliance Mutual Fund has filed the Compact Disc with respect to the advertisement clippings being telecast regarding the New Fund Offer (hereinafter “NFO”) of “Reliance Infrastructure Fund” with the Board only on June 3, 2009 even when the NFO opened on May 25, 2009.
The rapid fire manner in which the standard warning “Mutual Fund investments are subject to market risks, please read the scheme information document carefully before investing” as recited in the audio visual renders it unintelligible. This leads to a situation where the investors are not able to take well informed investment decisions. This is a serious violation.
Therefore, in order to protect the interest of the investors and for orderly development of the securities market, urgent directions in this regard need to be issued. Further, in order to ensure that such kind of violations do not continue or repeated to the detriment of the investors and also to act as a deterrent, certain preventive directions need to be issued immediately.
Accordingly, in exercise of the powers conferred upon me under Section 11(1), 11(4)(b), 11B read with Section 19 of the SEBI Act, 1992 and Regulation 76(1) of the Mutual Fund Regulations, I hereby direct Reliance Mutual Fund and Reliance Capital Asset Management Limited to forthwith withdraw the advertisement in its current form and re-issue the same, if it is so desired, strictly in compliance with the provisions of the aforesaid circular.
Further, Reliance Mutual Fund and Reliance Capital Asset Management Limited are directed to show cause as to why they should not be restrained from launching any new scheme for an appropriate period for the aforesaid violations. 9. This ex parte order may also be treated as a Show Cause Notice and Reliance Mutual Fund and the Reliance Capital Asset Management Limited may, if they so desire, submit their reply and may seek a personal hearing in the matter within fifteen days from the date of this order.
This order is passed on this day, the 3rd of June 2009 and shall come into force with immediate effect and continue till further orders.
Why invest in Infrastructure sector? India
Why invest in Infrastructure sector?
India's economic growth is closely knit with its infrastructure development.
Quality infrastructure is vital for growth.
Projected spending on infrastructure exhibits a huge scope of infrastructure
development in India which means strong earnings for infrastructure oriented
sectors & companies.
A stable reforms oriented government is likely to open doors for private and
foreign investment in infrastructure projects.
It has been estimated that India has the potential to absorb US$150 billion of
FDI in the next five years in the infrastructure sector alone.
India's economic growth is closely knit with its infrastructure development.
Quality infrastructure is vital for growth.
Projected spending on infrastructure exhibits a huge scope of infrastructure
development in India which means strong earnings for infrastructure oriented
sectors & companies.
A stable reforms oriented government is likely to open doors for private and
foreign investment in infrastructure projects.
It has been estimated that India has the potential to absorb US$150 billion of
FDI in the next five years in the infrastructure sector alone.
Friday, June 5, 2009
Right time to invest in INFRASTRUCTURE Fund - India Stock Market
“If Economy is to Grow - Main focus should be on Infrastructure Development”
Right time to invest in INFRASTRUCTURE Fund.
Why Infrastructure Fund Now?
• Huge anticipated growth opportunity in the infrastructure sector.
• Attractive market valuations of companies related to infrastructure sector compared to their growth
potential
• Increased infrastructure spending driven by strong political-will and ease of project financing.
Value of Rs. 1 Lac if Invested in Infrastructure Fund
DSP Black Rock India Tiger Fund May-04 Start 10 Current NAV 37.10 current valuation 3,71,000
UTI Infrastructure Fund Apr-04 Start 10 Current NAV 30.03 current valuation 3,00,300
Tata Infrastructure Fund Dec-04 Start 10 Current NAV 27.10 current valuation 2,71,000
ICICI Prudential Infrastructure Fund Aug-05 Start 10 Current NAV 24.24 current valuation 2,42,400
Sundaram BNP Paribas Capex Opportunities Fund Sep-05 Start 10 Current NAV 18.69 current valuation 1,86,900
Canara Robeco Infrastructure Fund Nov-05 Start 10 Current NAV 17.49 current valuation 1,74,900
Birla Infrastructure Fund Feb-06 Start 10 Current NAV 12.99 current valuation 1,29,900
Right time to invest in INFRASTRUCTURE Fund.
Why Infrastructure Fund Now?
• Huge anticipated growth opportunity in the infrastructure sector.
• Attractive market valuations of companies related to infrastructure sector compared to their growth
potential
• Increased infrastructure spending driven by strong political-will and ease of project financing.
Value of Rs. 1 Lac if Invested in Infrastructure Fund
DSP Black Rock India Tiger Fund May-04 Start 10 Current NAV 37.10 current valuation 3,71,000
UTI Infrastructure Fund Apr-04 Start 10 Current NAV 30.03 current valuation 3,00,300
Tata Infrastructure Fund Dec-04 Start 10 Current NAV 27.10 current valuation 2,71,000
ICICI Prudential Infrastructure Fund Aug-05 Start 10 Current NAV 24.24 current valuation 2,42,400
Sundaram BNP Paribas Capex Opportunities Fund Sep-05 Start 10 Current NAV 18.69 current valuation 1,86,900
Canara Robeco Infrastructure Fund Nov-05 Start 10 Current NAV 17.49 current valuation 1,74,900
Birla Infrastructure Fund Feb-06 Start 10 Current NAV 12.99 current valuation 1,29,900
Sundaram BNP Paribas Select Mid Cap Fund
Sundaram BNP Paribas Select Mid Cap Fund
(Growth) Latest NAV as on 22/05/2009 = 90.71 (Gr.)
LUMSUM invested during inception would have become:
If you have invested 1,00,000 rs in Sundaram BNP Paribas Select Mid Cap Fund (Growth)
It would have become at current date 9,27,140 rs/=
Similartly,
Rs. 1,000 SIP (Monthly) done since inception would have become: (83,000 total investment) 1,95,435
GREAT HISTORY OF DIVIDEND
Total Dividend declared since inception (31st July, 2002)
280 % (Rs. 28 Per Unit)
Dividend Date Dividend(Rs. Per Unit)Dividend % Cum DividendNAV (Rs. Per Unit)
27/06/2003 2.50 25 % 13.23
21/11/2003 4.00 40 % 17.63
27/02/2004 3.50 35 % 14.64
17/09/2004 2.00 20 % 13.44
18/02/2005 2.00 20 % 15.03
23/09/2005 2.00 20 % 17.73
17/02/2006 2.50 25 % 20.52
18/08/2006 2.00 20 % 21.46
27/10/2006 4.00 40 % 21.56
09/02/2007 2.50 25 % 16.65
24/04/2009 1.00 10 % 10.77
Total 28.00 280 %
(Growth) Latest NAV as on 22/05/2009 = 90.71 (Gr.)
LUMSUM invested during inception would have become:
If you have invested 1,00,000 rs in Sundaram BNP Paribas Select Mid Cap Fund (Growth)
It would have become at current date 9,27,140 rs/=
Similartly,
Rs. 1,000 SIP (Monthly) done since inception would have become: (83,000 total investment) 1,95,435
GREAT HISTORY OF DIVIDEND
Total Dividend declared since inception (31st July, 2002)
280 % (Rs. 28 Per Unit)
Dividend Date Dividend(Rs. Per Unit)Dividend % Cum DividendNAV (Rs. Per Unit)
27/06/2003 2.50 25 % 13.23
21/11/2003 4.00 40 % 17.63
27/02/2004 3.50 35 % 14.64
17/09/2004 2.00 20 % 13.44
18/02/2005 2.00 20 % 15.03
23/09/2005 2.00 20 % 17.73
17/02/2006 2.50 25 % 20.52
18/08/2006 2.00 20 % 21.46
27/10/2006 4.00 40 % 21.56
09/02/2007 2.50 25 % 16.65
24/04/2009 1.00 10 % 10.77
Total 28.00 280 %
Friday, March 13, 2009
Corporate News
Compuage Infocom to hold board meeting
Reliance Petroleum's equity shareholders & creditors to approve scheme of
amalgamation
IT People India to raise funds
Vintage Cards to hold board meeting
Take Solutions to hold boad meeting
Lanco Infratech grants stock options
Landmarc Leisure Corporation appoints chairman
City Union Bank opens new branches at Hyderabad
Hindustan Continental to convene EGM
Lotte India Corporation to convene EGM
GTL Infrastructure allots equity shares
Orbit Corporation's equity shareholders to approve scheme of amalgamation
West Coast Paper Mills allots equity shares
Classic Diamonds to hold board meeting
GTL Infrastructure to allot equity shares
Colinz Laboratories appoints director
Saven Technologies appoints director
Valson Industries' chairman passed away
Suzlon Energy appoints CFO
Best & Crompton Engineering's board approves scheme of amalgamation
Amtek Auto's equity shareholders to approve scheme of arrangement
Amtek India's equity shareholders to approve scheme of arrangement
Kavveri Telecom Products' director resigns
Maytas Infra appoints directors
Lesha Energy Resources to issue equity shares
Dewan Housing Finance to hold EGM
Mahaan Foods appoints additional directors
Kanani Industries bags purchase order worth US$ 3.96 million
Sulzer India to consider dividend
BOC India commences its commercial production at Bellary
Dr Reddys receives favorable summary judgment ruling in the Omeprazole Mg
OTC litigation
Indbank launches indbankonline stock trading point at Manglore
Matrix receives tentative FDA approval under PEPFAR
New Markets Advisory allots warrants
NCL Industries to allot equity shares
Kanchan International to issue & allot equity shares
Shree Ashtavinayak Cine Vision's director passed away
SR Oils & Fats to hold board meeting
Themis Medicare to hold board meeting
Vas Infrastructure to hold board meeting
EMCO bags order worth Rs 550 crore from PGCIL
Manappuram General Finance & Leasing to hold board meeting
Kalpena Industries to issue debentures
Tech Mahindra allots equity shares
Reliance Petroleum's equity shareholders & creditors to approve scheme of
amalgamation
IT People India to raise funds
Vintage Cards to hold board meeting
Take Solutions to hold boad meeting
Lanco Infratech grants stock options
Landmarc Leisure Corporation appoints chairman
City Union Bank opens new branches at Hyderabad
Hindustan Continental to convene EGM
Lotte India Corporation to convene EGM
GTL Infrastructure allots equity shares
Orbit Corporation's equity shareholders to approve scheme of amalgamation
West Coast Paper Mills allots equity shares
Classic Diamonds to hold board meeting
GTL Infrastructure to allot equity shares
Colinz Laboratories appoints director
Saven Technologies appoints director
Valson Industries' chairman passed away
Suzlon Energy appoints CFO
Best & Crompton Engineering's board approves scheme of amalgamation
Amtek Auto's equity shareholders to approve scheme of arrangement
Amtek India's equity shareholders to approve scheme of arrangement
Kavveri Telecom Products' director resigns
Maytas Infra appoints directors
Lesha Energy Resources to issue equity shares
Dewan Housing Finance to hold EGM
Mahaan Foods appoints additional directors
Kanani Industries bags purchase order worth US$ 3.96 million
Sulzer India to consider dividend
BOC India commences its commercial production at Bellary
Dr Reddys receives favorable summary judgment ruling in the Omeprazole Mg
OTC litigation
Indbank launches indbankonline stock trading point at Manglore
Matrix receives tentative FDA approval under PEPFAR
New Markets Advisory allots warrants
NCL Industries to allot equity shares
Kanchan International to issue & allot equity shares
Shree Ashtavinayak Cine Vision's director passed away
SR Oils & Fats to hold board meeting
Themis Medicare to hold board meeting
Vas Infrastructure to hold board meeting
EMCO bags order worth Rs 550 crore from PGCIL
Manappuram General Finance & Leasing to hold board meeting
Kalpena Industries to issue debentures
Tech Mahindra allots equity shares
Tuesday, January 27, 2009
Investment in Art ?
Do you think your 10,000 Rs/- Painting will earn you more then 50,000 rs/- ?
Can you imagine one rupees old coin can give you 1000rs/-?
It is true now investment in art considered as a good investment product
Art is a new segment of investing ,right now it is limited to particular class people.But soon investment in art will become more famous and will give healthy returns .
If you invest in good art, paintings, antiques its will certainly become a very healthy investment.
So.. start purchasing good paintings and crafts.
Can you imagine one rupees old coin can give you 1000rs/-?
It is true now investment in art considered as a good investment product
Art is a new segment of investing ,right now it is limited to particular class people.But soon investment in art will become more famous and will give healthy returns .
If you invest in good art, paintings, antiques its will certainly become a very healthy investment.
So.. start purchasing good paintings and crafts.
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