Helping Users Make Informed Investment Decisions based on Quantitative Data and Qualitative Analysis
The recent Melbourne Mercer Global Pension Index 2018 reflected the Indian pension system’s standing against economies like China (close peer), Netherlands and Denmark (considered to have the best pension scenario).
What’s interesting is that India surpasses China on parameters like integrity and sustainability but lags on a key parameter – adequacy.
Most of you would have heard these words of wisdom from Nelson Mandela:
Education is the most powerful weapon which you can use to change the world.
— Nelson Mandela
But the rising costs of education (at all levels from elementary school to college higher education) have made it harder to get quality education for our kid(s). Quoting Arne Duncan (who was Secretary of Education for the USA):
State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes.
— Arne Duncan
Investing is not about beating others at their game; it is about controlling yourself at your own game.
— Benjamin Graham
The recent Credit Suisse publication – Global Wealth Report 2018 reflects the improving individual wealth situation in India. The report suggested that India grew wealthier by 2.5% in 2017-18 as against Asia-Pacific as a region which grew its wealth by only 1.7%. Interestingly, wealth per Indian adult also went up by 0.7% in the same period.
Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
— Warren Buffett
The week had large companies like RIL and Infosys announce their quarterly results. RIL, as well as Infosys, posted a significant increase in their profits.
Other key information realized during the week included an uptick in sales of commercial vehicles at 28% YoY along with a decline in passenger vehicles by 4% for the same period.
A lot of customers investing in Direct Plans of Mutual Funds on Finity ask us something along the lines of:
So, today I decided to talk about Fixed Income Securities in detail.
I assure you, no one would say these words of wisdom to you while having discussions about markets and money these days:
- There could be no better time than right now to stay invested in your funds.
- It might not be a good time to withdraw your money now.
- The next few months could be great to invest systematically using SIPs.
Starting this month, we are starting a series called Weekly Updates on Finity blog. This would be a brief summary of what happened in the past week in Indian financial markets (with a special emphasis on Mutual Funds). If you would like to hear about any specific topic from our Mutual Funds
Indian equities sighed relief as it broke out of a long losing streak and ended the week with an uptick. While RBI maintained status quo on interest rates, its decision to percolate liquidity to the tune of 12-thousand crore rupees resonated positively with the markets. With RBI asserting that the economy is well on track to maintain inflation within target ranges, intermittent softening of crude prices supported the view.
The Great Indian Markets: Are we turning it into a game of smoke & mirrors?
It intriguing to look at how media today has the power to sensationalise an otherwise regular event. Like it always does, media has continued to amplify the current situation (with pink newspapers buzzing with headlines with keywords like “crash”, “bear-grip” and “meltdown”).
