It is not hidden from anyone that the IT sector is one of the most crucial sectors of the Indian industry as well as one of the largest drivers of export revenue for the country. The industry currently contributes about 7.7% of GDP and is expected to contribute about 10% by 2025. The whole world […]
Why do so many financial advisors tell their clients to invest in index funds when they themselves don’t invest in them?
Did you know this, Nifty Index can never go to zero. Even if reliance or TCS goes to zero, nifty won’t go to zero. Reliance industries is worth 18 lakh crore today August 2022 & TCS is worth 12 lakh crore, HDFC bank is 8.4 lakh crore. They are India’s top 3 stocks. Like them, […]
Great PMS manager Shankar Sharma once enlightened us, in an interview. An Asset Management Company has zero risk. It transfers all it’s risk to the investors. Think of Franklin Debt fund winding up. A bank bears the risk of Default by the company or individual who borrows. Bank must repay it’s depositors. Yes Bank paid […]