NRI Wealth Management & Banking Services

Awarded By UTI Mutual Fund Today.

In Last 1 Month

NIFTY Small Cap100-----5.29% 🔻

BSE Small Cap------------4.23% 🔻

NIFTY Small Cap250-----4.09% 🔻

We expect more down deep from mid of March-2024 to end of April 2024, specially in the Small Cap and Mid Cap segment.

There is a nice saying, " Buy when everybody is panicking and sell when everyone is too optimistic. "

With market at all time high, optimism in the market is extremely high. At this juncture it would be prudent to book some profit from small and mid cap and put that in any debt instrument or to a Multi-Asset fund. Additional funds should be kept in debt or multi-asset funds for now.

Portfolio balancing and allocation will be the key to success in the long run. There is too much money going in into derivatives, small and mid cap where valuations are totally not justified with such high PE ratio and a considerable deep down in Qtr.3 numbers.

NRI Banking & Wealth Management 🎯
Can NRI Buy Property In India?
👇👇👇👇🚦🚦🚦🚦🚦
1. Residential Property- ✔
2. Commercial Property- ✔
3. Agricultural Property- ❌ ( RBI Approval)
4. Farm House- ❌
5. Plantation Property- ❌
6. Joint- ✔ With an NRI Or Resident Indian
7. POA- ✔
8. Rent- ✔. Tax upto 30%
Tax Deductions-
Tax deductions under Sections 24 and 80C of the Income Act just like any other Indian Citizen.
Currency - INR
Account - NRO/NRE
Sale- Can repatriate fund after Deduction at Source (TDS) (i.e. between 20% and 30%), depending on whether it is a short-term or long-term capital gain.

Stock Market Bleeds Today-
Golden Opportunity 2 Buy Quality Stocks At A Low Dip Valuation. ...
Sensex - 1.08%🔻
Nifty - 1.11%🔻
BSE Midcap- 1.82%🔻
BSE Small Cap- 1.94%🔻
Nifty Midcap - 1.94%🔻
Nifty Smallcap- 1.87%🔻
Nifty 100- 1.16%🔻
Nifty 200- 1.29%🔻
Nifty 500- 1.34%🔻
Nifty Bank- 1.34%🔻
BSE Realty Index - 2.21%🔻
Nifty Pharma - 0.64%🔻
Nifty Metal- 1.88%🔻
Nifty FMCG - 0.89%🔻
BSE PSU - 2.05%🔻
Excellent opportunity to keep adding. Time to shortlist real stocks during these dips.

NRI Banking & Wealth Management-
Index Wise Return in Last 1 Year, 5 Year And Since Inception...
Interesting Study -

Invest in SBI Energy Opportunity Fund.
For more details call on 9007304747.

NRI Banking & Wealth Management
SBI Energy Opportunity Fund-
Normally I stay away from NFO unless the fund has really something new to offer and adds real value in my client's portfolio.
Why I am fascinated towards SBI Energy Fund?
1. Energy consumption is closely tied to economic growth. As India rises to become the world's third largest economy, its energy consumption is poised for significant growth. This rising demand creates robust investment opportunities across various energy segments
2. The Fund follows a Barbel Portfolio Approach which helps in maximizing return and minimizing risk.
3. The SBI Energy Opportunities Fund will be benchmarked against the Nifty Energy TRI. This index has given returns of around 71 per cent in the last 12 months, as of February 5, 2024. That's mainly due to a few top public sector stocks, such as NTPC , Power Grid , ONGC , and Coal India , gunning out returns in the range of 70 per cent to 105 per cent in the last 12 months
4. The SBI Energy Fund will also look at investing in overseas companies. The fund can invest up to 35 per cent of its money in international stocks.
5. Renewable energy (e.g. solar, wind, geothermal, biomass etc) currently accounts for 22%. Renewable energy is expected to grow at an accelerated pace due to favorable Government policies (source: SBI MF, CY 2019)
6. With a shift from combustion to electrification (i.e. shift to electric vehicles), energy consumption of coal & oil to grow at 6.4% CAGR through 2050.
7. Government targets to increase the share of natural gas from current ~6.5% to 15% by 2030. Accordingly, national gas grid has been expanded by 40% over past 5 years. Emphasis has been laid on expansion of city gas distribution (CGD) networks by bidding out districts covering 95% of the population
At A Glance-
NFO Opening Date- 06.02.2024
NFO Closing Date- 20.02.2024
NFO Allocation Date- 26.02.2024
Minimum Investment- Rs.5000/
Option- Direct and Regular with Growth and IDCW
Exit Load- Applicable for 1 Year
Benchmark- Nifty Energy TRI
Fund Manager- Mr. Raj Gandhi & Mr. Pradeep Kesavan
SEBI Category- Sectoral/Thematic

Interesting Study On Recent IPO-
10 Out Of 14 IPO's, 10 Are In Negative Listing Price Which Comes To Around 71% IPO In Red...