Wealth Newsletter July 2020
Wealth Newsletter July 2020
Monthly Market Data
In June 2020, the Domestic market moved positively with the benchmark Sensex and Nifty Index ending the month with 7.7% and 7.5%gains respectively.
Nifty PSU and reality were the best-performing sectors.
Global growth is projected at 4.9% in 2020, 1.9% points below April 2020 World Economic Outlook (WEO) forecast.
The S&P 500 index, ended the month with flat to positive territory of 1.8%. The commodity market is facing a very rough patch over the first half.
The yield of 10 yr government bond
READING A FUND FACTSHEET
Before investing in any mutual fund, an investor must necessarily go through the details provided in its factsheet. Here are some guidelines about what to look out for.
With Over $15 Bn Raised In 2 Months, Reliance Jio Outpaces Indian Tech Startup Funding In 2019
- Reliance Jio Platforms has raised 26% of the total funding raised by Indian startups between 2014 and 2019
- In 2019, Indian startups raised $12.7 Bn across 766 deals, while Reliance has exceeded this count by nearly $3 Bn since April
- Facebook is currently the biggest external stakeholder in Reliance Jio Platforms among the 10 investors on board
ALL YOU NEED TO KNOW ABOUT MOTOR INSURANCE
Motor insurance offers protection against third-party damages and theft or damage to own vehicle. While third-party liability cover is mandatory, comprehensive insurance is optional.
Teck Review – Microsoft Surface Pro X
The Microsoft Surface Pro X is a one-of-its-kind device that blends Windows 10 with an ARM chip. Does it work? Let’s find out
FUND OF THE MONTH- Axis Long-Term Equity
WHEN THE MARKET HIT ROCK BOTTOM, SAIL UP WITH YOUR SIP.
TAX ON YOUR GOLD AND REAL ESTATE INVESTMENTS.
HOW MUCH TAX DO YOU PAY ON BOND INVESTMENTS?
INDIANS ARE TIGHTENING THEIR SEAT BELTS.
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