Arihant Platinum Wealth Newsletter February 2020 is now available.
Monthly Market Update
Market remained volatile during the January 2020 and turned bearish in second half of the month. The Indian benchmark indices closed negative with S&P BSE Sensex down by 1.29% and the Nifty 50 was 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 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 decline by 2.13%, followed by Nifty Financial services (1.87%).
Focused Fund of the month
AXIS BLUECHIP FUND
Things to consider before investing in company Fixed Deposit
If conservative or moderate investor wants to generate higher return, than Company Fixed Deposit is the best option to get fixed interest rates in the current scenario which can easily beat inflation.
Investing without 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 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 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
Click here to download PDF report
