Investment
Mutual Fund:
You will surprise to know that in the United States, approximately 21% of household financial assets i.e. approx. $21.0 trillion is invested in mutual funds only at the end of 2018. According to the Investment Company Institute, mutual fund assets worldwide were $46.7 trillion at the end of 2018.
In India, from a single-player i.e. Unit Trust of India (UTI) in 1964, the Indian mutual fund industry also has evolved into a high-growth and competitive market. As of August 2012, forty four asset management companies (AMCs) were operating in India with assets under management (AUM) of approx. Rs. 6.40 lakh crores which has grown to approx. Rs.26.75 lakh crores as at December, 2019.
Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost. We are a Mutual Fund Distributor registered with Association of Mutual Funds in India (AMFI) and selling all types of Funds of most of the Mutual Fund Companies in India.
Typically, banks are the biggest issuers of fixed deposit products in India. Since banks inherently have the trust of their customers and since they already have the customer’s money, investors find it easy to choose them. However, there are other institutions that offer similar deposit products to investors. We deal in fixed deposit products being offered by all major Corporate Houses and Non Banking Finance Companies in India.
Bond
Tax-Saving Bonds offer tax benefits to an investor. By investing in these bonds, not only you earn a certain interest on them, but you also get the benefit of tax deductions up to Rs.20,000 u/s 80CCF of the Income Tax Act. This deduction is over and above the tax deduction under Section 80C which offers investors total tax benefits up to Rs 1.50 lakh. Please note that the interest earned on these bonds is taxable.
Tax-Free Bonds do not attract tax on the interest earned from the bonds as per Section 10 of the Income Tax Act, 1961. However, unlike tax-saving bonds, investments in tax-free bonds do not yield tax benefits on the principal amount of the bond. Investments in these bonds are not eligible for deductions under section 80C of the Income Tax Act. This investment option is a long-term investment tool, with tenure of up to 20 years. Tax-free bonds can also be listed on the stock exchanges in case the investor wants to buy/sell bonds. Note that, capital gains from selling these bonds in the secondary market are taxable even though the interest earned from tax-free bonds is tax-free.
Capital gains tax exemption bonds are also known as 54EC bonds. These bonds are offered to investors who earned long-term capital gains from land or building or both and would like tax exemption on these gains. The eligible bonds under Section 54EC include bonds on offer by REC, NHAI, IRFC and PFC. The maximum limit for investing in 54EC bonds is Rs.50 lakhs per financial year. These bonds come with a lock-in period of 5 years and are non-transferable. These bonds offer an interest rate of 5.75% per annum, payable annually. Interest earned from 54EC bonds is taxable.
We deal in all types of bonds being offered by all the companies either in primary market or secondary market.
Equity and PMS:
An equity investment is money that is invested in a company by purchasing shares of that company in the stock market. These shares are typically traded on stock exchange. Equity investors purchase shares of a company with an expectation that they’ll rise in value in the form of capital gains, and/or generate dividends. Equities can strengthen a portfolio’s asset allocation by adding diversification.
PMS (Portfolio Management Services) is offered by a Portfolio Manager. This is an investment portfolio in stocks, fixed income, debt, cash, structured products and other individual securities, managed by a professional money manager that can potentially be tailored to meet specific investment objectives. When you invest in PMS, you own individual securities unlike a mutual fund investor, who owns units of the fund.
We are providing “Equity and PMS” services through Motilal Oswal Financial Services Ltd. (MOFSL). Their consistent efforts towards quality equity research have reflected in an increase in the ratings and rankings across various categories in the AsiaMoney Brokers Poll over the years. They have also been awarded the Best Performing Equity Broker (National) at the CNBC TV18 Financial Advisor Awards for five years in a row and got inducted in ‘Hall of Fame’ at the 10th Financial Advisory Awards 2019.
Our Happy Customers
I am totally satisfied with the services and advice given by you whenever I needed. Never ever I have found you lagging in any respect. You are very sincere, dedicated and totally committed to your profession therefore you are bound to have excellent relationship with all your clients. Your human values are beyond expectations and of exceptional order, a rarely in today's world.
I still remember the crucial time some 4 years back when I was lucky to meet you. Had lots of issues with respect to income tax/ capital gains. Misguided by my previous CA, I was deep down in s——. But, today I am a very satisfied person with all financial issues sorted out by you. You have given me correct and much needed timely advices. Being a busy professional, I understand the value of these advices and actions. Lucky to have a professional and a good human being as my financial advisor.
Rakesh has been my advisor for 7 years now. I knew a little bit about investing, but not enough to feel confident, and placing my trust in him was a great decision. I feel fortunate to have him manage my investment portfolio to the degree in which I have a very comfortable plan that works well for me. He shows a genuine interest not only in the management of your investments but also you as a person and friend. He explains your investment portfolio very well and encourages you to invest in safe and secure products but with decent returns. I would not hesitate to recommend Rakesh to anyone who is seeking a good financial advisor. Thanks Rakesh.