Arihant Platinum Wealth Newsletter February 2020 is now available.
![Wealth News letter February 2020](https://blog.arihantcapital.com/wp-content/uploads/2020/02/Wealth-News-letter.jpg)
Monthly Market Update
The market remained volatile during January 2020 and turned bearish in the second half of the month. The Indian benchmark indices closed negative with S&P BSE Sensex down by 1.29% and the Nifty 50 down by 1.81%.
Monthly Indices Performance
IT and Realty were the best-performing sectors, while Nifty Metal and bankers were the worst. Nifty IT was the top gainer at 2.79%, followed by Nifty Reality with a 10.55% gain for the month. Other major sectoral indices saw some distress in January, after witnessing selling pressure in previous months. Nifty Auto index declined by 2.13%, followed by Nifty Financial Services (1.87%).
Focused Fund of the Month
AXIS BLUECHIP FUND
Things to consider before investing in a company Fixed Deposit
If the conservative or moderate investor wants to generate a higher return, then Company Fixed Deposit is the best option to get fixed interest rates in the current scenario which can easily beat inflation.
Investing without a goal is like no saving at all
If your investment is not linked to a goal, it is as good as not investing at all
Continue your SIP even in the downturn
How much tax do you pay on your Income & Investments?
Choose section 80C investment based on risk appetite
Your choice of section 80C investments, for enjoying a deduction of up to Rs. 1.5 lakh, should be in line with your financial goal.
Personal tax slab, Infrastructure, Health care sector, Impact of GST so far & etc.
Automobile Reviews
Words worth now
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