Shan's Investment Ideas

HAPPY NEW YEAR 2012

2011-12-31T20:55:00.001+05:30

TAX SAVING INFRA BONDS

2011-12-31T08:38:00.001+05:30

and

Long Term Infrastructure Bonds are the two issues currently open for subscription.

The Long Term Infra bonds are eligible for deduction under section 80 CCF of the Income Tax Act 1961.

The benefit under section 80 CCF is limited to Rs.20,000/

COMPANY	REC	IFCI
FACE VALUE (Rs.)	5000	5000
INT RATE (%)	8.95 & 9.15	9.09 & 9.16
INT.PAYMENT	ANNUAL & CUMULATIVE	ANNUAL & CUMULATIVE
ISSUE DATE	19.12.11 to 10.02.12	30.11.11 to 16.01.12
MODE OF HOLDING	DEMAT & PHYSICAL	DEMAT & PHYSICAL

Interest rates are for 10yrs and 15yrs respectively

HAPPY INVESTING

NHAI TAX FREE BONDS

2011-12-26T13:56:00.000+05:30

The National Highways Authority of India (NHAI) is an autonomous authority of Government of India under the Ministry of Road Transport and Highways.

NHAI is launching their public issue of TAX FREE BONDS – Tranche I.

The Public issue of TAX-FREE SECURED REDEEMABLE NON-CONVERTIBLE BONDS opens on 28th Dec, 2011.

The Interest on these bonds are FULLY EXEMPT from Income Tax. This means the income will not form part of Taxable Income.

The Bonds Details are:

FACE VALUE	Rs. 1000/-
INTEREST RATE	8.20% 10 yrs and 8.30% 15 Yrs
RATING	CRISIL AAA / CARE AAA / FITCH AAA
TENURE	10 yrs AND 15 yrs
LIQUIDITY	LISTING IN BSE & NSE
MODE	BOTH PHYSICAL & DEMAT FORM
MINIMUM	Rs. 50,000/-
TAX TREATMENT	INCOME IS TAX FREE HENCE NO TDS.
ISSUE PERIOD	28th Dec’11 to 11th Jan’ 12

HAPPY INVESTING.

Mutual Fund Select

2011-12-18T13:30:00.001+05:30

Recommended Mutual Fund Schemes.

These recommendations are based on past returns.

Past returns does not guarantee any kind of returns in future but these funds returns are consistent.

SENSEX was down and on 16th Dec it closed at 15491 points.

INVEST now.

Fund NAV Date: (Growth Option) 16th Dec’11 and Returns on Percentage

FUND	NAV	3 MONTHS	1 YEAR	3 YEARS
HDFC EQUITY	222.787	-6.73	-20.85	28.49
HDFC TOP 200	173.132	-5.19	-18.66	25.31
FIDELITY EQUITY	30.408	-4.67	-15.10	25.34
ICICI PRU DYNAMIC	90.453	-2.93	-14.66	24.03
FRANKLIN INDIA PRIMA PLUS	193.866	-4.43	-11.66	21.91

HAPPY INVESTING

THAPASVINI

2011-12-17T22:47:00.000+05:30

SUDDHANANDA THAPOVANAM is a trust, striving to provide FIVE Sevas – AMIRTHA (Food), VIDYA (Education), VAIDYA (Health care), GYANA (Spirituality) and PARKRUTI (Nature).

The SUDDHANANDA THAPOVANAM Ashram is situated 12 kms from GUDUR, Andhra Pradesh,India.

There are 14 villages with almost 5500 families around SUDDHANANDA THAPOVANAM.

VISIT SUDDHANANDA THAPOVANAM AND DONATE.

HAPPY LIVING.

Income Tax Rates 2012-13

2011-12-01T17:57:00.000+05:30

Income Tax slabs for Assessment Year 2012-13.

Up to Rs. 1,80,000	Nil
Rs.1,80,001 to Rs. 5,00,000	10%
Rs. 5,00,001 to Rs. 8,00,000	20%
Above Rs. 8,00,000	30%

For Women Tax Payers Up to Rs. 1,90,000 Nil. The remaining slabs are same.

For Senior Citizens above 60 years Up to Rs. 2,50,000 Nil. The remaining slabs are same.

For Senior Citizens above 80 years Up to Rs. 5,00,000 Nil. The Remaining slabs are same.

Relevant Financial Year is 2011-12 (1st April 2011 to 31st March 2012).

Senior Citizens should have attained the Age anytime during the Financial Year.

HAPPY EARNING / HAPPY INVESTING / HAPPY SAVING

L&T Infra Tax Saving Bonds

2011-11-25T13:07:00.000+05:30

The Tax Saving Long Term Infrastructure Bonds issue is open now.

The issuer is L&T INFRASTRUCTURE FINANCE COMPANY LTD.

The Bonds are in the nature of Secured, Redeemable Non-Convertible Debentures.

Tax Benefits up to Rs. 20,000/ under section 80 CCF of the IT Act1961.

Details of the issue:

Face value	Rs. 1000
Interest Rate	9%
Interest Payment	Annual and Cumulative
Tenure	10 Years with Buyback option after 5yrs and 7yrs
Minimum	5 Bonds (Rs.5000) and in multiples of 1 bond there after
Listing	Yes, with BSE after 5 yr Lock in period
Issue Period	25th November 2011 to 24th December 2011

Invest and avail tax benefits under section 80 CCF of the IT Act 1961.

Happy Investing

IDFC INFRA BONDS

2011-11-25T12:21:00.000+05:30

IDFC has come out with the TRENCHE I Tax Saving

Long Term Infrastructure Bonds issue.

These are Secured, Redeemable and Non-Convertible Bonds with Tax benefits under section 80 CCF of the Income tax Act 1961.

Under section 80CCF of the IT act 1961, you may deduct up to Rs.20,000/ from your total income.

This is besides the Rs.1,00,000/ limit under section 80C.

By investing you may save up to Rs.6,180/ on Tax.

Issue Details

Tranche 1 Bonds Series	1	2
Face Value & Issue price	Rs.5000	Rs.5000
Interest Rate	9%	9%
Interest payment	Annual	Cumulative
Tenure	10 years	10 years
Buyback Facility	Yes	Yes
Lock in Period	5 yrs	5 yrs
Minimum Application	2 Bonds	2 Bonds
Listing	Yes after 5 yrs	Yes after 5 yrs

Invest and save tax.

HAAPY INVESTING

Countdown to Plus 2 Exam

2011-11-16T22:29:00.002+05:30

Exams Countdown

West Indies in India - 2011

2011-11-05T17:48:00.000+05:30

Cricket Schedule:

West Indies will play 3 tests and 5 ODIs in India during Nov – Dec 2011.

TEST MATCH

1st TEST	Nov 6th to Nov 10th	Sun - Thu	Delhi – Feroz Shah Kotla
2nd TEST	Nov 14th to Nov18	Mon - Fri	Kolkata – Eden Gardens
3rd TEST	Nov 22nd to Nov 26th	Tue - Sat	Mumbai - Wankhede

ODIs

1st ODI	Nov 29th	Tuesday	CUTTACK
2nd ODI	Dec 2nd	Friday	VISAKHPATNAM
3rd ODI	Dec 5th	Monday	AHMEDABAD
4th ODI	Dec 8th	Thursday	INDORE
5th ODI	Dec 11th	Sunday	CHENNAI

HAPPY VIEWING

Fixed Deposit Rates November 2011

2011-11-05T13:39:00.002+05:30

Fixed Deposit Rates of some of the Companies
Rates are for 24 months and 36 Months in Percentage

APOLLO HOSPITALS                               9.25   and   9.50

ALEMBIC PHARMA                                  9.00

CEAT LTD                                            10.00 and  10.50

JAIPRAKSH ASSOCIATES                     12.00   and    12.50

MAHINDRA & MAHINDRA                                            9.75

UNITED SPRITS                                    11.50

HDFC LTD                                              9.65   and  9.75

ICICI HOME FINANCE                            9.00

LIC HOUSING FINANCE                        9.25

SHRIRAM TRANSPORT FINANCE           9.75   and   10.75

MAHINDRA & MAHINDRA FINANCE     10.25  and    10.50

HAPPY INVESTING

Infrastructure Bonds

2011-11-03T14:21:00.000+05:30

Long Term Infrastructure Bonds are issued by Infrastructure Finance Companies.

Government of India is offering Tax Benefit to Investors to facilitate growth in that sector.

Investors can avail Tax Benefit up to Rs 20,000/ u/s 80CCF of the Income tax Act,1961.

This is besides the 1,00,000/- u/s 80C of IT Act 1961 and these Infra Bonds are the only product eligible under this section.

You save Rs 6180/ on Tax if you are in the highest tax bracket on an investment of Rs 20,000/.

Normally the Interest rate is around 8.25% to 9% . The term is 7 years to 15 years with option to withdraw after 5years.

Bonds will be traded in the exchanges after the initial lock in period of 5 years.

You have options to hold in Demat or Physical form.

The interest is taxable and is to be included under Other Sources of Income as Interest Income.

Expected Issues:

IDFC / IFCI / LIC / L&T / PFC / IIFL / REC

IFCI is open Now.

HAPPY INVESTING

Holidays 2012 - Tamilnadu

2011-10-29T22:53:00.000+05:30

Tamil Nadu Government has announced Holidays list for the year 2012 under Negotiable Instruments Act.

Sl.No	Festival	Date	Day
1	New Year’s Day	01.01.2012	Sunday
2	Pongal	15.01.2012	Sunday
3	Thiruvalluvar Day	16.01.2012	Monday
4	Uzhavar Thirunal	17.01.2012	Tuesday
5	Republic Day	26.01.2012	Thursday
6	Meelad-un-Nabi	05.02.2012	Sunday
7	Telugu New Year’s Day	23.03.2012	Friday
8	Annual Closing of Accounts for Banks	02.04.2012	Monday
9	Mahaveer Jayanthi	05.04.2012	Thursday
10	Good Friday	06.04.2012	Friday
11	Tamil New Year’s Day	13.04.2012	Friday
12	Dr B R Ambedkar Birth day	14.04.2012	Saturday
13	May day	01.05.2012	Tuesday
14	Independance day	15.08.2012	Wednesday
15	Ramzan	20.08.2012	Monday
16	Krishna Jayanthi	08.09.2012	Saturday
17	Vinayakar Chathurthi	19.09.2012	Wednesday
18	Half Yearly a/c Closing for Banks	29.09.2012	Saturday
19	Gandhi Jayanthi	02.10.2012	Tuesday
20	Ayutha Pooja	23.10.2012	Tuesday
21	Vijaya Dasami	24.10.2012	Wednesday
22	Bakrid	27.10.2012	Saturday
23	Deepavali	13.11.2012	Tuesday
24	Muharram	25.11.2012	Sunday
25	Christmas	25.12.2012	Tuesday

HAPPY HOLIDAYS

HAVE A GREAT YEAR and ENJOY.

A Look at GOLD ETF

2011-10-25T20:29:00.001+05:30

HAPPY DIWALI.

Buy GOLD this DIWALI.

There is a special (MUHURAT) Trading on Diwali Day (26/11/2011) for 90 minutes from 4.30 pm to 6 pm.

Use this opportunity to start Trading and Create Wealth.

AMC	I DIRECT CODE	18th FEB’11	25th OCT’11	52 Week High
BENCHMARK	GOLDEX	1995	2577.35	2778
HDFC	HDFGOL	2028	2628.45	2900
ICICI	ICIETF	2040	2635.11	2900
KOTAK	KOTGOL	1989	2579.80	2919
QUANTUM	QUGOLD	990	1287.55	1420
RELIGARE	RELETF	2070	2651.1	2886
RELIANCE	RELGOL	1928	2512.80	2725
SBI	SBGETS	2020	2627.50	2983
UTI	UTGOLD	1992	2581.95	2775

HAPPY TRADING HAPPY DIWALI.

GOLD ETF - MUHURAT

2011-10-25T19:57:00.000+05:30

Invest in Gold this Diwali.

Celebrate DIWALI with GOLD.

CREATE WEALTH. Let this be a great beginning. . .

BUY ON MUHURAT TRADING.

Both markets (BSE & NSE)will have a 90 minutes trading between 4.30 pm to 6.30 pm on Wednesday, the 26th October 2011.

This is a tradition being performed for years.

Most traders buy on this day.

It is in a way welcoming the new year ‘SAMVAT 2068’.

Buy Gold ETF on this Auspicious Special day’s Trading.

HAPPY TYRADING. HAPPY BEGINNING

WISH YOU ALL A VERY VERY HAPPY DIWALI.

WISH

2011-10-25T19:20:00.001+05:30

wish every one

A VERY VERY

HAPPY DEEPAVALI

Bilbao Masters 9th Round

2011-10-11T17:57:00.001+05:30

9th Round Bilbao Masters results were unexpected

and shocked spectators. (me more than anyone.)

Carlsen beat Ivanchuk

Vallejo beat Nakamura

Aronian beat Anand.

Final 10th Round Schedule

Ivanchuk vs Aronian

Anand vs Vallejo

Nakamura vs Carlsen

Scores After 9th Round

Carlsen	14
Ivanchuk	14
Nakamura	11
Aronian	11
Vallejo	10
Anand	9

Follow live action in PLAY CHESS

HAPPY FOLLOWING

BILBAO MASTERS 2011

2011-10-10T09:36:00.000+05:30

STANDINGS AFTER 8th ROUND

IVANCHUK	14
CARLSEN	11
NAKAMURA	11
ANAND	9
ARONIAN	8
VALLEJO	7

HAPPY FOLLOWING

England Tour of India 2011

2011-10-04T22:53:00.001+05:30

England will play 5 ODIs and a T20 in India in October 2011.

All matches are Day Night starting at 2.30 pm India time.

14-10-2011	Hyderabad	14.30
17-10-2011	Delhi	14.30
20-10-2011	Mohali	14.30
23-10-2011	Mumbai	14.30
26-10-2011	Kolkata	14.30
29-10-2011	Kolkata	20.00

HAPPY VIEWING

Sao Paulo 2011

2011-10-02T12:11:00.000+05:30

View Full Album

Bilbao chess masters 2011

2011-10-02T11:47:00.001+05:30

The 2011 Bilbao Chess Masters Final will be played in 2 stages

with top 6 Players fighting it out for the top. Its Double Round Robin.

The top 6,

Viswanathan Anand (2817) of India,

Magnus Carlsen (2823) of Norway,

Levon Aronian (2807) of Armenia,

Vasily Ivanchuk (2765) of Ukraine,

Hikaru Nakamura (2753) of USA and

Francisco Vallejo (2716) of Spain will play each other Twice.

The first 5 rounds will be played in the Beautiful Ibirapuera park in Saupaulo, Brazil. Its open park. Players will sit inside Glass Cubicles.

The rounds 6 – 10 will be played in Alhondiga, Bilbao, Spain.

Results of Round 5

Viswanathan Anand	Levon Aronian	Draw
Hikaru Nakamura	Francisco Vallejo	Nakamura Won
Vasili Ivanchuk	Magnus Carlsen	Carlsen Won

Scores after round 5

Vasili Ivanchuk	10
Hikaru Nakamura	7
Viswanathan Anand	6
Magnus Carlsen	6
Levon Aronian	6
Francisco Vallejo	3

Round 6 will start on 6th October.

ENJOY THE GAME.

All the best to all 6.

Repeat

2011-10-02T10:12:00.000+05:30

This was first written on 2nd Oct 2009. am repeating it.

I feel, on this Special Day, remembering him is must for every Indian.

He was and is inspiration for many world Top leaders and also to many Individuals. (Martin Luther King to Obama, Beatles to MJ).

I would like to present here the song “They Killed Him” from album ‘knocked Out Loaded’ first written by Kris Kristofferson.

My God, they killed him

There was a man named Mahatma Gandhi

He would not bow down he would not fight

He knew the deal was down and dirty

and nothing wrong could make it right away

But he knew his duty and the price he had to pay

Just another holy man who tried to be a friend

My God, they killed him !

Thanks TOI

WISH

2011-10-02T09:49:00.001+05:30

MAHATMA’S QUOTES

2011-10-02T09:00:00.001+05:30

“YOU BE THE CHANGE YOU WISH TO SEE IN THE WORLD”

“The best way to find yourself is to lose yourself in the service of others.”

“Whenever you are confronted with an opponent. Conquer him with love”

“The weak can never forgive. Forgiveness is the attribute of the strong.”

“An error does not become truth by reason of multiplied propagation, nor does truth become error because nobody sees it.”

“Prayer is not asking. It is a longing of the soul. It is daily admission of one's weakness. It is better in prayer to have a heart without words than words without a heart.”

“Live as if you were to die tomorrow. Learn as if you were to live forever.”

“Before the throne of the Almighty, man will be judged not by his acts but by his intentions. For God alone reads our hearts.”

“First they ignore you, then they laugh at you, then they fight you, then you win.”

“My life is my message.”

2nd October,2011

The International Day of Non-Violence.

Even showing anger is violence.

Buy at every Fall

2011-09-27T23:36:00.001+05:30

why you should buy at every fall in the market.

A table of some sample shares will show how much you miss. . .

you should invest 25% to 30% of your investible money when there is a fall of more than 3% in the index. (not always working. . .)

STOCK	I DIR CODE	23rd Sep	26th Sep	27th Sep
COAL INDIA	COALIN	366.2	346.2	358.15
EDUCOMP SOLU	EDUSOL	216.65	218.35	223.9
IDFC	IDFC	109.3	109.25	112.15
INFOSYS	INFTEC	2340	2355	2446
L&T	LARTOU	1452	1428.7	1446
ONGC	ONGC	257.8	254.7	258.75
SHRIRAM	SHRTRA	603.85	599.65	612.1
TECH MAHIN	TECMAH	625.25	603.25	610.2

HAPPY TRADING

GOLD ETF

2011-08-21T22:54:00.001+05:30

A comparison of prices of GOLD ETF on two different dates.

AMC	I DIRECT CODE	18th FEB’11	19th AUG’11	RETURN IN %
BENCHMARK	GOLDEX	1995	2698	35
HDFC	HDFGOL	2028	2773	37
ICICI	ICIETF	2040	2759	35
KOTAK	KOTGOL	1989	2694	35
QUANTUM	QUGOLD	990	1341	35
RELIGARE	RELETF	2070	2799	35
RELIANCE	RELGOL	1928	2574	33
SBI	SBGETS	2020	2811	39
UTI	UTGOLD	1992	2702	36

As per the closing price on 19th August’11 SBI GETS gave 39% return over a period of SIX months.

HAPPY TRADING

SBI GOLD FUND

2011-08-21T21:01:00.001+05:30

SBI Mutual Fund came out with a NFO (New Fund Offer)

“SBI GOLD FUND” NFO period Aug 22 to Sep 05, 2011

SBI GOLD FUND is an open ended Fund of Fund scheme that invests predominantly in the units of SBI GETS (SBI Gold Exchange Traded Scheme).

The SBI Gets is the highest performed ETF as of August 2011 giving a return of 28% in the last 6 months.

SBI GOLD FUND gives opportunity for investors to invest in purest form of GOLD with all the GOLD ETF advantage without the trouble having a DEMAT account. Its best for a common man to invest in GOLD in small quantity.

Minimum Investment: Rs 5000

SIP Minimum: Rs 500/ for 12 months and above.

Fund Manager: Mr. Raviprakash Sharma

You may invest thro SIP also.

Invest in this fund.

HAAPY TRADING

Time to START Share Trading

2011-08-19T22:22:00.000+05:30

The share market is falling.

SENSEX closed at 16142 on 19th August.(intraday low was 15991).

In general people feel bad, when market falls irrespective of their holdings value, instead be happy and BUY.

EVERY FALL IS AN OPPORTUNITY TO BUY.

Please understand it is just notional value.

Be happy if you are a long term player and start buying whenever there is a fall.

For New Entrants, this may be a great opportunity to start equity trading.

I am rewriting my earlier post.

Prepare a watch list of 5 to 10 companies Shares.
To prepare this 'watch list' watch Business TVs, Talk to your friends who is in trading or your Broker.
Note down the closing prices of these cos in an excel sheet for 10 days.
This will give you an idea about the price movements in the watch list.
Start buying when it is stabilizing at a price.
keep watching.
Fix a target price and book profit when it reaches the price target.
Book profit and enjoy, this will motivate you to do more trading.
Spend at least 30 minutes in a trading day.
Do trading with passion and multiply your money.

HAPPY TRADING

GOLD ETF

2011-08-16T16:51:00.006+05:30

GOLD ETF CLOSING PRICE 16/08/2011

AMC 05/01/2011 16/08/2011

BENCHMARK 1992 2535.33
HDFC 2040 2596.64
ICICI 2045 2596
KOTAK 1991 2529.85
QUANTUM 991 1260
RELIGARE 2070 2615
RELIANCE 1936 2469.56
SBI 2032 2587.35
UTI 1993 2530.32

HAPPY TRADING

L&T Fin Holdings Listing

2011-08-12T10:02:00.001+05:30

L&T Finance Holdings Ltd shares were listed today.

The share opened at Rs 53.85 and 51 at NSE and BSE respectively.

The issue price was Rs 52/

HAPPY TRADING

STOCK TRADING TIPS

2011-08-10T22:59:00.001+05:30

BUY AT CURRENT LEVELS

L & T

ONGC

ITC

HINDUSTAN LEVER

LUPIN

LIC HOUSING FINANCE

SHRIRAM TRANSPORT FINANCE

HAPPY TRADING

L&T F H IPO allotment status

2011-08-09T20:54:00.002+05:30

L&T Finance Holdings IPO’s basis of allotment is finalized. Shares were credited to respective demat accounts.

However the details are not yet updated in the Registrar website.

But one may check status at Registrar site or in their demat account.

The Issue was closed on 29th July’11.

It was oversubscribed 5.34 times, while Retail portion was subscribed 9.61 times more.

The share price was fixed at Rs.52/

HAPPY TRADING

STOCK WATCH

2011-07-29T23:02:00.000+05:30

WATCH

SHRIRAM TRANSPORT FINANCE CO LTD

ONGC

Buy on every fall.

Price Performance Close 52 Week

29th High Low

Shriram (STFC) 640.80 899.90 588

ONGC 268.65 368 227

L& T Fin Holdings IPO Bid Details

2011-07-28T23:28:00.001+05:30

L& T Finance Holdings IPO Bid Details:

As Per NSE

Number of shares on offer: 21,45,08,067

Bids Received for 16,41,84,800 shares.

In total 0.77%, Retail portion was subscribed 1.31 times .

BSE received bids for 9,65,96,200 shares.

In Total bids were received for 26,07,81,000 shares. (1.21%)

Issue closes on 29th July. (Tomorrow)

L&T Financial Holdings IPO

2011-07-27T19:16:00.001+05:30

All (Employees, Share Holders and Retail Applicants)

can apply online thro ICICI Direct.

(If you have I Direct account)

RAHUL DRAVID

2011-07-24T09:21:00.002+05:30

The Wall and a Cool Gentle Man Mr RAHUL DRAVID

deserves more than a post in a blogger page..

He became the second highest run getter in Test Cricket goes past Ricky Ponting and is now behind only Sachin.

Scoring a Century at Lords which he missed in 1996 on his Test Debut. (thanks AFP for this still)

India avoided Follow on.

India lost just only once in a test match when Rahul Scores a century.

Highest Run Getters in TEST CRICKET

TENDULKAR 14726 (51 Hundreds)

DRAVID 12417 (33 Hundreds)

PONTING 12363 (39 Hundreds)

LARA 11953 (34 Hundreds)

KALLIS 11947 (40 Hundreds)

INCOME TAX

2011-07-24T08:21:00.001+05:30

Know Your TAX Credit (no need to wait for Form 16 or Form 16A) Cost Rs. 117 max.

http://tin-nsdl.com/panregistration.asp

Check KYC Compliance of your PAN

http://www.cvlindia.com/inquiry_kyc01.asp?id=submit

Apply PAN Online

http://tin.tin.nsdl.com/pan/index.html (NSDL)

http://www.utitsl.co.in/utitsl/uti/newapp/newpanapplication.jsp (UTITSL)

HAPPY FILING

RUSHIL DECOR LTD - stock watch

2011-07-22T23:19:00.001+05:30

Rushil Decor Ltd was incorporated on May 24, 1993 as "Rushil Decor Private Limited.

Became Public ltd company on December 4, 2007. Name changed to RUSHIL DECOR LTD.

Mr. Ghanshyambhai Ambalal Thakkar is the Promoter, Chairman and Whole Time Director.

Mr. Krupesh Ghanshyambhai Thakkar is the Managing Director.

They have more than 20years of experience in manufacture of laminate.

Their product range.

Decorative Laminate Sheets
Industry laminate Sheets
Rushil Kitchen Door
Plain Particle Boards.

Rushil Decor: IPO date 20th June2011 to 23rd June 2011.

Price Band Rs. 63 to Rs.72.

ICRA gave 2 rating on a 5 point scale for this IPO.

The issue was subscribed 2.62 times.

The price was fixed at Rs 72.

Listed on the exchange on 7th July.First day trading :

Opened at 81.25, Day Low 75, High 124 and closed at Rs 119.

On 13th July it reached Rs 164.80 intra day and closed at Rs155.

On 22nd July 2011 (today)!

NSE Open 203.40, High 203.40, Low 163.20, close 187.85.

Volume (Number of shares Traded) 1,17,01,577

HAPPY TRADING

SENSEX

2011-07-22T21:38:00.002+05:30

Sensex closed at 18722 points up by 286 points.

Rushil Decor Ltd Rs 188.

Intraday High in NSE is Rs 203.4

L&T Finance Holdings Ltd IPO

2011-07-22T00:03:00.005+05:30

LTFH - - L&T Finance Holdings IPO
(Intial Public Offering)

Opens for retail investors on 27th July 2011.

Issue closes on 29th July.

LTFH is a subsidiary of Larsen & Toubro offering a diverse range of financial products and services through its four operating subsidiaries namely,

L&T Finance (into retail and corporate finance), L&T Infrastructure Finance, India Infrastructure Developers Ltd and L&T Investment Management Limited

The price band Rs 51 to Rs 59.(Face value Rs 10).

Issue size Rs 1245 crs.

Lot size 100 shares and in multibles of 100.

35% of net issue is reserved for Retail Investors.

There is reservation for L&T employees and share Holders.

(The company has also decided to offer a discount of Rs.2 to the issue price for eligible employees).

JM Financial Consultants, Citigroup Global Markets and HSBC Securities are the joint global co-ordinators and the book-running lead managers (BRLM) to the issue.

Credit Suisse Securities and Barclays Securities are the BRLMs while Equirus Capital is the co-BRLM.

The IPO has been given the highest grading five on five by both CRISIL and CARE indicating strong fundamentals.

Apply...

HAPPY INVESTING

SENSEX

2011-07-21T19:37:00.001+05:30

SENSEX Closing:

Sensex down by 66 points and closed at 18436

Rushil Decor Ltd closed at Rs170.35

SENSEX

2011-07-19T23:00:00.001+05:30

Sensex Closing

Sensex up by 147 points and closed for the day at 18564.

Rushil Decor Ltd closed at 141.45 down by 22.30

SENSEX

2011-07-18T17:11:00.000+05:30

Sensex Closing
Sensex Down by 55 points and closed for the day at 18507
Watch Rushil Decor Ltd. closing Price 163.75 (BSE)

CHESS

2011-07-13T20:04:00.001+05:30

Chess World Championship 2012 to be held in CHENNAI.

Gentleman Grandmaster from Chennai VISWANATHAN ANAND will Play Belarus born Israeli Chess Grandmaster BORIS ABRAMOVICH GELFAND in the World Chess championship 2012 at CHENNAI.

Market Watch

2011-07-13T19:47:00.001+05:30

Market closed on a higher note. . .

SENSEX 18596 up 184 points

NIFTY 5585 UP 59 POINTS.

Top Gainers

Stock	LTP	Previous close	Gain %
DLF	226.85	220.35	2.95
Mah & Mah	718.55	703.05	2.2
ONGC	287.05	281.50	1.97
Rel Ind	864.55	848.5	1.89
Tata Motors	1043.65	1024.7	1.85

HAPPY TRADING.

MAKE IT AS PASSION

SHRIRAM TRANSPORT NCD ISSUE

2011-06-22T19:54:00.001+05:30

Shriram Transport Finance Company Limited is coming out with a public Issue of NCDs.

These are Secured Non Convertible Debentures.

Issue size is Rs 500 Crs with an option to retain oversubscription upto Rs 500 Crs.

Rs 200 Crs is reserved for retail Investors (applying upto 5 lacs).

Issue is Opening on 27th June 2011 and Issue Closing on 9th July2011. The company has the option of closing on an earlier date if the Target amount is achieved.

INTEREST RATES

Detail	Option 1	Option 2
Face Value	Rs 1000	Rs1000
Min Appln	10 NCDs (Rs 10,000)	10 NCDs (Rs 10,000)
Rate ( Reserved Individual )	11.60% pa	11.35%
Tenor	60 months	36 months
Put / Call Option	at the end of 48 months	Nil
Rating	Crisil – AA / Stable Care - AA+	Crisil – AA/Stable Care - AA+

NCD’s are proposed to be listed in the National Stock Exchange.

Allotment in Demat form only.

Prepared from information publicly available to me without independent verification.

SENSEX Watch

2011-04-07T07:45:00.000+05:30

Sensex watch will give an idea to study market.

Track Sensex on daily basis. Every Fall is an opportunity to buy.

The Trend in the last 6 months.

DATE	SENSEX CLOSING	MOVE
08/10/10	20250
05/11/10	21005	755
14/01/11	18860	-2145
10/02/11	17463	-1397
04/04/11	19701	2238

In the last six months the lowest is 17463 and the high is 21005.

GOLD ETF Status as on 6th April 2011

2011-04-07T07:02:00.000+05:30

There are 9 Gold ETF funds in India and their closing rates as on 6th April 2011. (Stock Code is ICICI Direct ’s).

Stock Code	Mutual Fund (AMC)	Price
GOLDEX	BENCHMARK	2045.47
HDFGOL	HDFC	2090
ICIETF	ICICI	2095
KOTGOL	KOTAK	2041
QUGOLD	QUANTUM	1018.75
RELETF	RELIGARE	2090
RELGOL	RELIANCE	1978.76
SBGETS	SBI	2079.5
UTGOLD	UTI	2051.49

The Winning Hit ICC WC 2011

2011-04-05T21:23:00.001+05:30

IPL 4 SCHEDULE

2011-04-05T19:38:00.001+05:30

Indian cricket fans will have continuous feast of matches till August 2011.

IPL Apr 08 Friday to May 28 Saturday. SCHEDULE

West Indies tour 1 T 20, 5 ODIs and 3 Tests till July

England 4 Tests, 1 T 20 and 5 ODIs till end of August .

THE OFFCIAL WEBSITE FOR IPL 4 IS VERY WELL DESIGNED

IPL 4 TEAMS

2011-04-05T19:03:00.000+05:30

TEAMS IN IPL 4 – 2011. 10 TEAMS ALL IN ONE GROUP

CHENNAI SUPER KINGS

C S K

MUMBAI INDIANS

M I

ROYAL CHALLENGERS BANGALORE

R C B

DECCAN CHARGERS

D C

KOLKATTA KNIGHT RIDERS

K K R

DELHI DARE DEVILS

D D D

RAJASTHAN ROYALS

R R

KINGS XI PUNJAB

K XI P

KOCHI

KOCHI

SAHARA PUNE WARRIORS

SAHARA

Each Team will play 14 Matches. (7 Home and 7 Away).

Each team will play each other at least once but not twice by default. Its by draw of Lots.

Total 74 matches only (70 league matches and 2 Semi Finals 1 loosing Semi Finalists for third place and 1 Final).

HAPPY NEW YEAR

2010-12-31T22:03:00.001+05:30

WISH YOU ALL A

VERY HAPPY AND PROSPEROUS

NEW YEAR 2011

Hope and Wish you all earn more on foreign currency

and

Save and Spend in INR.

Make Equity Trading as passion and create WEALTH

GOLD ETF on 24th December 2010

2010-12-26T08:45:00.001+05:30

Indian Gold ETF status as on 24th December 2010 for your ready reference. (Stock Code is ICICI Direct ’s).

Stock Code	Mutual Fund (AMC)	Price
GOLDEX	BENCHMARK	1993
HDFGOL	HDFC	2028
ICIETF	ICICI	2035
KOTGOL	KOTAK	1988
QUGOLD	QUANTUM	990
RELETF	RELIGARE	2013
RELGOL	RELIANCE	1932
SBGETS	SBI	2033
UTGOLD	UTI	1998

Compare rates on 6th SEP 2010

HAPPY TRADING AND PROSPEROUS NEW YAER 2011

HASIM MD AMLA

2010-12-25T13:22:00.001+05:30

Batsman number 3 or one down in Test Cricket for South Africa, Mr Hashim Mohamed Amla of Indian origin was born on 31st March 1983.

Hashim Amla, known as Gentleman cricketer, is playing his 50th Test at his Home Ground Kingsmead at Durban.

In his last four innings against India in 2010 alone He made 630 runs at least a century in each innings and was out only twice.

His stats 49 matches, 3,787 runs, 12 Hundreds, 18 Fifties at an average of 46.75,( ODI Ave 59.56) 253 not out being the Highest score, that too against India.

He showed in 2010 in India in a 2 test series what is test match batting. . . read Hashim Amla 2010

The most amazing thing is

He successfully refused to wear the team Sponsor’s logo because it was a beer Manufacturer's.

All the very best to him.

2nd Test against South Africa begins tomorrow at Durban.

All the very Best to Indian team.

MERRY CHRISTMAS

Public Holidays in Tamil Nadu 2011

2010-12-23T10:15:00.001+05:30

Tamil Nadu Govt announced Public Holidays for the year 2011

Sl No	Festival	Date	Day
1	New Year’s day	01.01.2011	Saturday
2	Tamil New Year & Pongal	15.01.2011	Saturday
3	Thiruvalluvar Day	16.01.2011	Sunday
4	Uzhavar Thirunaal	17.01.2011	Monday
5	Republic Day	26.01.2011	Wednesday
6	Meelad - un - Nabi	16.02.2011	Wednesday
7	Annual Closing of accounts (Banks)	01.04.2011	Friday
8	Telugu New Year’s Day	04.04.2011	Monday
9	Dr. B.R. Ambedkar Birthday	14.04.2011	Thursday
10	Mahaveer Jayanthi	16.04.2011	Saturday
11	Good Friday	22.04.2011	Friday
12	May Day	01.05.2011	Sunday
13	Independence Day	15.08.2011	Monday
14	Krishna Jayanthi	21.08.2011	Sunday
15	Ramzan	31.08.2011	Wednesday
16	Vinayakar Chathurthi	01.09.2011	Thursday
17	Half Yearly Closing of Accounts	30.09.2011	Friday
18	Gandhi Jayanthi	02.10.2011	Sunday
19	Ayutha Pooja	05.10.2011	Wednesday
20	Vijaya Dasami	06.10.2011	Thursday
21	Deepavali	26.10.2011	Wednesday
22	Bakrid	07.11.2011	Monday
23	Muharram	06.12.2011	Tuesday
24	Christmas	25.12.2011	Sunday

HAPPY HOLIDAYS ( 5 Sundays in this list )

SOURCE: TN Govt GO

Akshaya Patra – feeding children

2010-12-14T15:32:00.001+05:30

Educating the under privileged Children is one of the noble cause.

To educate one you have to bring him to school first. As per world bank survey, close to 13.5 million are out of school and into child labour in order to earn a single meal in a day. so you have to provide at least one meal to him.

Here comes your chance to participate in such a noble cause of feeding and thus by educating under privileged children.

Donate to a Foundation that feeds 1,253,266 school children everyday.

You may donate online AKSHYA PATRA

Before donating know about them.

The AKSHYAPATRA FOUNDATION is a non profit organisation engaged in feeding children.

Their vision is “No Child in India shall be deprived of education because of hunger”

They feed 1,253,266 children everyday.

They implement the school meal programme in a grand manner with the help of The Ministry of Human Resource Development and with various State Governments.

The Foundation was started in June 2000 in Bangalore by feeding 1500 children of 5 Schools.

Mr Madhu Pandit Dasa, an M Tech Post Graduate from IIT Mumbai, is the person behind this initiative.

To know more about and donate visit their site AKSHAYA PATRA

DONATE AND BE HAPPY

(you get income tax exemption u/s 80G)

Invest in GOLD thro ETF

2010-09-06T12:51:00.001+05:30

ETF is Exchange Traded Fund.

Gold ETF is buying Gold in Demat form.

Gold ETFs are being launched by Mutual Fund Companies.

These are traded like shares. There is physical Gold against these units held by respective Mutual Funds.

At present there are 9 Gold ETFs in India .

Benchmark, HDFC, ICICI, Kotak, Quantum, Religare, Reliance, SBI and UTI are the nine Mutual Fund houses offering GOLD ETF.

Let us see the Gold ETF prices as on 6th September 2010.

I Direct Code

Mutual Fund

Price

GOLDEX

BENCHMARK

1858

HDFGOL

HDFC

1897

ICIETF

ICICI

1900

KOTGOL

KOTAK

1853

QUGOLD

QUANTUM

920

RELETF

RELIGARE

1900

RELGOL

RELIANCE

1796

SBGETS

SBI

1891

UTGOLD

UTI

1862

Its general belief,that before festival season starts, Gold price will go up.

so invest now.

HAPPY TRADING

Pay for Investment Services

2010-08-24T13:33:00.001+05:30

I wish to share my views on the article, i read.

click here for the article Mintmoney

As an investor you have to pay your Investment advisor to get valuable advise.

The most important thing is selecting the Distribution Channel.

Its like paying your Doctor.

I leave the job of analyzing the channel to the investor.

HAPPY INVESTING

Rupee Symbol - font

2010-07-31T20:13:00.001+05:30

Foradian Technologies made the first font support for INR symbol.

You may download and use it.

Easy way, of course.

There are 2 versions.

Indian Currency Symbol Download

Start using it.

Happy use of INR Symbol.

KHAN ACADEMY

2010-07-30T23:10:00.001+05:30

The Khan Academy is a non-profit organization.

The real king, 33 year old Mr.Salman Khan is taking FREE Maths classes for more than 1000 people in a day thro web.

Almost 10 lac people are being benefitted every month from his class.

He is B.S in mathematics, B.S in Electrical Engineering,B.S in Computer Science, M.S in Electrical Engineering, M.S in Computer Science and M.B.A from Harvard Business School.

Salman Academy

all the very best

SKS MICROFINANCE IPO – To apply or not . .

2010-07-30T22:52:00.001+05:30

SKS Microfinance is the largest microfinance institution (MFI) in India in terms of total value of loans outstanding, number of borrowers and number of branches as per the Oct ‘09 CRISIL report.

The issue is for 1,67,91,579 shares.Face value Rs 10.

50,37,474 shares reserved for retail investors.

The Price Band is 850 – 985. Minimum quantity is 7 shares and there after in multiples of 7 shares.

The most important thing is , there is a discount of Rs 50/- for retail investors.

There is great support from QIBs.(20.38 times subscribed). Issue closed on 30th for QIBs.

The issue closes on 2nd August for retail investors.

Apply. you may apply for 98 shares at the maximum as retail investor.

Gold ETF

2010-07-16T09:45:00.000+05:30

Invest now in gold ETF.

ICICI Pru Mutual Fund and HDFC Mutual Fund launched Gold ETF.

NFO is open now. you need Demat account to invest.

Use this opportunity.

There are already 7 Gold ETFs in the Indian Exchanges.

Happy Investing

DTC – Revised Direct Tax Code

2010-06-17T09:08:00.001+05:30

Finance Ministry has published the Revised Discussion Paper on Direct Tax Code.

This is available on the following websites

Fin Min and IT Dept

you may post your comments.

Responses are solicited upto 30th June2010

Paragraph 1 in each Chapter describes the proposals in the DTC and Discussion Paper,

paragraph 2 highlights the issues and concerns raised

and paragraph 3 details the revised proposals in response to these concerns.

you may send your comments thro email also to

directtaxescode-rev@nic.in

Click here to view and post comments

Pension Plans

2010-06-15T18:13:00.001+05:30

There will be changes in pension plans from 1st July 2010.

Minimum Lock in period 5years. (Presently 3 years in some plans).

Compulsory Insurance cover.(now you may opt 0 life cover).

No Full surrender. (now you may withdraw fully and close it after 5 years).

Investors, above age 50, don't want to pay higher mortality charge may invest now without life cover.

ICICI Pru Premier Wealth

2010-06-15T17:55:00.001+05:30

ICICI Prudential Premier Wealth is one of the best ULIP plans.

Key Benefits:

2% additional allocation of units from 6th year onwards on premium payments. (if you pay Rs 1lac as premium, units worth 102000 will be allotted to you).

every 5 years 2% additional units on the preceding year fund value will be allotted as loyalty additions, after 10th year irrespective of premium payments.

you may select Trigger Portfolio Strategy. (at every up or down of 15% in the NAV of Multi Cap Fund, it will be transferred to or from Money Market Fund). Gains earned will be protected.

you may choose Dynamic P/E Fund. (the allocation in equity is determined by reference to P/E multiple on the Nifty 50).

Minimum Life cover 5 times of annual premium.

Charges:

Premium Allocation Charge year 1 - 6%, year 2 and 3 4%, no charge from 4th year.

Policy Admin Charge 4.8% on annual Premium from year 1 to 5.

Minimum Premium Rs 18000 p.a .

Start with min 3000/pm (SIP style) and pay for 21 or more years.

after completion of 5 years, you are allowed partial withdrawal once in 3 years subject to a maximum of 20% of the fund value.

(though both deal in equity, ULIP and MF investments are two different kinds of investments).

refer brochure

Anand 8th Game

2010-05-04T22:32:00.000+05:30

FIDE world CHESS Championship Sofia 2010.

Topalov won. Played with white. Equals the score 4 : 4 after 8 games.

Well Played Topalov. Congrats.

9th game will be played on 6th May.

Anand plays white.

Hope he wins.

all the best Anand

Follow live Anand vs Topalov

Anand 7th Game

2010-05-03T22:24:00.000+05:30

World Championship 2010

Anand vs Topalov 7th Game ended in a Draw after 58 moves.

To follow the games live click here Anand vs Topalov

Anand missed it while playing with White.

After 7 games Anand leads 4:3

Anand – Topalov World Championship Chess

2010-05-02T00:02:00.000+05:30

Congrats Anand.

My best wishes and prayer for winning the championship.

To follow the championship

Championship Coverage

After 6 games It is 3.5 : 2.5 in favour of Vishy Anand.

Anand draws the sixth game with white.

7th Game of the championship is on May 3rd.

As there is provision for colour change in the halfway mark, Anand will play again with white pieces in the 7th Game.

ALL THE BEST ANAND

ICC T20 world cup

2010-05-01T23:45:00.000+05:30

ICC T20 world cup schedule

FIXTURES

India and Pakistan are the favourites.

India won their first match against Afghnistan. (could have done better).

more updates to follow in super 8 stage.

ENJOY SUMMER

May day wishes

2010-05-01T23:34:00.001+05:30

wish you all a happy May day.

Guaranteed Highest NAV

2010-03-10T19:27:00.000+05:30

All Insurance companies launched ULIP plans with Guaranteed Highest NAV in the last 7 years.

I wonder how there can be a Guarantee in a market linked plan.

Even if you invest in Debt funds, you cant guarantee the Highest NAV of a particular period on maturity.

So these funds will be managed in such a way that the NAV is not going beyond a level.

Is it worth investing in such plans.

Instead you may very well go for a 100% equity or for a balancer Plan which will give a better return over a period of 8 more years.

Guaranteed Highest NAV

2010-03-10T14:19:00.001+05:30

ULIP plans from insurance companies are regulated by IRDA.

SEBI wants to regulate and like to have a monitoring control over ULIP plans. ( IRDA is against this)

Now all insurance companies launched Guaranteed Highest nav in the first 7 years for a 8 to 10 year term ULIP policies.

This is to be analyzed by SEBI.

In Market linked plans there can be No Guarantee.

Agents are to be educated and trained well.

Sadhguru

2010-03-10T14:07:00.000+05:30

“ our lives become beautiful

not because we are perfect.

Our lives become beautiful

because we put our heart

into what we’re doing

-Sadhguru

Patience

2010-02-20T19:30:00.000+05:30

In life you need patience to achieve a thing.

Also everyday you can learn something, if you keep your eyes and ears open.

The other day Hashim Amla showed what is patience.

A great test match innings.

Congrats to him. May God bless him.

He played a very patient innings.

His stats

490 runs, 3 innings, 2 not outs,1033 deliveries, Ave 490,

3 centuries, 52 fours and just 1 six

NTPC FPO

2010-01-16T19:55:00.001+05:30

NTPC Follow on Public Offer is opening on 3rd February and is closing on 5th February.

41,22,73,220 shares of face value of Rs 10.is going to be offered from 5% of Govt holdings. Out of this 42,73,220 are reserved for employees.

NTPC issue is the beginning of Government’s disinvestment plan. They are planning to disinvest in almost 60 PSUs.

Other PSUs on line for divestment plans Before March 31st are NMDC, Rural Electric and Satluj Jal Vidyut.

The Current Market Price of NTPC as on 15th Jan is Rs.232.25.

Happy Investing.

Basics in Investments

2010-01-01T12:17:00.001+05:30

There are some basic things to do when you make an Investment.

Give your mobile number and email when you fill up the application.

Give your Bank Account details (Branch, MICR code and IFSC code).

Most important Make a NOMINATION. Nomination helps you as well as the company or AMC or Bank.

Give your PAN number where ever asked.

Listen to your investment advisor and check the web site for correctness.

Follow your investments growth regularly. If it is Fixed deposit, watch the interest rates. you have to act accordingly.

Happy and Wealthy 2010.

Happy New Year 2010

2010-01-01T12:02:00.001+05:30

wishing YOU all

A very Happy and Wealthy New Year 2010

Mutual Fund Investment Value

2009-12-27T22:00:00.001+05:30

Seasons Greetings

Where can you find the NAV of your Mutual Fund Investment.

You may visit the AMC’s website or you may go to AMFI website. NAV

So, if your email is registered you can place a request for email statement online with CAMS or KARVY .

MORE TO COME

HAPPY NEW YEAR

Web Sites and Blogs

2009-11-22T20:56:00.001+05:30

I would like to share some of the sites and blogs for following.

This may be useful to some extend,to start Equity trading and to invest in Mutual Funds.

My humble opinion is “Never spend on TIPs”

There are so many good people to share their knowledge and experience through Blog writings.

This new generation and their habit of blog writings is exciting.

The Tip Blog

The Finance Blog

Invest Smartly

some web sites you may visit for trading tips.

Equity Master

Value Notes

for Mutual Fund analysis

Value Research

Money Control

Strange Stories ( not a finance blog)

HAPPY TRADING

What to buy now ?

2009-11-10T23:19:00.002+05:30

It is as usual volatile market now.
No one can predict the trend in this kind of market conditions.
Is it time to buy or sell ? Billion dollar question ! !
My Feelings:
Don't invest in Small and Mid Caps.
Wait and watch for a week and buy only NIFTY and BSE at every fall.
Hold what ever you bought earlier which is not in a big loss.
Buy now to average what ever you had bought earlier at a high cost.
Don't sell unless there is more than 20% profit.
Don't sell now, if you can hold it till March ‘10.
Some Recommendations:
Reliance Capital, Alstom Projects, UTV Software, Tech Mahindra, IFCI,
HAPPY TRADING

2G Spectrum

2009-10-27T20:49:00.001+05:30

What is 2G Spectrum?

2G is ‘Second Generation’ wireless telephone technology.

After the launch of 2G, we tend to call the earlier basic service as 1G.

2G obviously more efficient on the spectrum allowing for far greater penetration. In 1G network signals are analog while it is digital in 2G.

It increases system capacity as digital voice data can be compressed and multiplexed more effectively, thus allowing more calls to be backed into the same amount of radio bandwidth.

Most importantly the digital system emit less radio power from the handsets.

Also, we all know digital means increased sound quality.

Beyond 2G there is 3G (Third Generation) Higher data speeds and 4G in developed countries.

The first Pre-Commercial 3G or Third generation was launched in Japan by NTT DoCoMo in Japan in May 2001.

In India MTNL started 3G enabled mobile service in 2008.

There is going to be auction for 3G in India soon.

With Government FDI norms relaxed, Google is intending to bid with an Indian partner.

for detailed reading visit http://www.three-g.net/

you may also refer wikipedia

SENSEX Watch

2009-10-08T18:49:00.001+05:30

Sensex watch will give us how we miss opportunities.

sensex closing

8th Oct ‘09 16844 up by 37 points

8th Oct ‘08 11328 down by 367 points

Sensex October 2008 Low is 8510 (on 27th Oct ‘08)

This will give us an idea how much we miss an opportunity to cash in.

Many investors stopped watching or following the market when the market was moving downwards.

Every fall is opportunity to invest (Buy).

Another Example is March 2009.

Be a disciplined investor. Follow market on daily basis.

You must watch the price of your holdings everyday.

Have target price and book profit.

Set Stop loss and adhere to it strictly.

SEASONS GREETINGS and HAPPY TRADING

TIN - Tax Information Network

2009-10-06T21:13:00.001+05:30

TIN is Tax Information Network of Income Tax Department.

It is a repository of Nationwide Tax related information and has been established and managed by National Securities Depository Limited (NSDL) on behalf of Income Tax Department of India.

One of the services by TIN-facilitation Centers (TIN-FC) is Form 26AS. It is a facility for PAN holder for viewing his annual tax statement.

One need not wait for his Form 16 or Form 16A to know his Tax Deducted at Source (TDS).

It is updated on Quarterly basis.

All PAN holders can register online.

Cost involved is Rs 17, if you visit the TIN-FC center or Rs 117 if TIN-FC official visit you for PAN verification.

visit TIN NSDL

Wealth Creation

2009-10-06T20:37:00.001+05:30

Wealth Creation, what does it mean?

Accumulating money for a future goal. (saving)

It should beat inflation.

There are many ways.

(Bank FD, RD, Company Deposits, Post Office Saving schemes, Insurance Plans, Mutual Funds, Gold and Land) - the order has no significance.

Every one has his own priority.

But all should have exposure to Mutual Fund. One of the best ways to invest in Mutual Fund is SIP. (Systematic Investment Plan).

Small investments made regularly can become Big sums over a period.

An investment of Rs 1000 per month over a period of 33 years (that is from age 25 to 58) shall grow to over Rs 87 lakhs at 15% rate.

START A SIP TODAY

The smart way to invest in stock markets.

No need to time the market.
Get better rupee cost averaging.
Low risk and Better returns.
Instills discipline in Investing.
More choice and facility to switch to performing fund.

HAPPY INVESTING

Trading Thought

2009-10-05T09:22:00.001+05:30

This is what experts and broker houses insist about share trading,

Whenever you are tempted to do

what everybody else is doing;

don't

It seems, no one is following

Quote – quoted by many

2009-10-03T16:18:00.001+05:30

“You must be the Change, you wish to see in the world”

-Gandhiji

This one is quoted by many people in their speeches.

i like it too.

Think it over

2009-10-02T10:25:00.001+05:30

Look inside

and you will see

if your actions

are just and true

You are here

for a purpose

You haven’t

forgotten, Have you?

Thanks TOI

Remembering Mahatma

2009-10-02T10:09:00.000+05:30

I feel, on this Special Day, remembering him is must for every Indian.

He was and is inspiration for many world Top leaders and also to many Individuals. (Martin Luther King to Obama, Beatles to MJ).

I would like to present here the song “They Killed Him” from album ‘knocked Out Loaded’ first written by Kris Kristofferson.

My God, they killed him

There was a man named Mahatma Gandhi

He would not bow down he would not fight

He knew the deal was down and dirty

and nothing wrong could make it right away

But he knew his duty and the price he had to pay

Just another holy man who tried to be a friend

My God, they killed him !

Thanks TOI

Simple way to start SHARE Trading

2009-09-25T09:59:00.000+05:30

There is always many doubts in the minds of a new comer, that too in share trading it is many fold higher.
Here is one way of starting it.

Prepare a watch list of 5 to 10 companies Shares.
To prepare this 'watch list' watch Business TVs, Talk to your friends who is in trading or your Broker.
Note down the closing prices of these cos in a excel sheet for 10 days.
This will give you an idea about the price movements in the watch list.
Start buying when it is stabilizing at a price. keep watching.
Fix a target price and book profit when it reaches the price target.
Book profit and enjoy, this will motivate you to do more trading.
Talk with people, this will help gaining knowledge.
Accumulate the Holdings at every fall.
( we can see how to average in a separate post)
I always believe in holding for a long term, i don't do any Intra day or Futures / options trading.
This is one of the ways to start Equity Trading.
Careful (watchful) trading will definitely give better returns than any other deposit options.
START TRADING AND MULTIPLY YOUR MONEY.

Start SIP Today

2009-09-18T09:47:00.001+05:30

It is time (for that matter any time is good) to start SIP in Mutual Fund.

Now there is no entry load. you gain that extra 2.25% (approx).

Select your AMC ( Asset Management Company = Mutual Fund company), then select your fund.

(you may avail the services of a financial adviser and never hesitate to pay him a fee)

Longer the term the better.

Remember, you can stop at any point of time, by just giving a letter.

Important, NEVER STOP because the market is at its downward trend.
(you MUST buy at lower levels)

It is one of the best ways to build a corpus.

Jaswant vs Jinnah vs BJP

2009-08-20T08:58:00.003+05:30

we read something as history and we believe it , may be because we are democrats (majority rules !).
And all of a sudden some one, almost after 62 years, comes in saying something which we (majority rules again) dont want to believe.
Can any one or Mr Jaswant singh answer few questions
I feel, he would have been in his 20s by that time (around 1947), why wait so F.. A.. R.. ?
Whats the purpose now?
Is it a tactic, like our foreign cricketers, to sell the book ?
comments are welcome.

Income Tax Rules

2009-07-10T22:41:00.000+05:30

Know your Tax rates

The new Tax rates for the Financial Year ENDING 31st March 2010.

Up to 1,60,000 NIL
1,60,001 to 3,00,000 10%
3,00,001 to 5,00 000 20%
Above 5,00,000 30%

For Women up to 1,90,000 Nil.
For Senior Citizens up to 2,40,000 Nil

No ENTRY Load – MF investments

2009-07-09T21:29:00.000+05:30

Do you know ? ? ?

There is “no entry load” on Mutual Fund investments from 1st August 2009.

when you invest in Mutual Funds thro’ Financial Advisor, so far, there is an entry load of 2.25% ( even for SIP investments). This is up to 31st July.

SEBI, the regulator ruled that there should not be any entry load on investments from 1st August 2009. There will be an exit load of 1% on redemption.

what the investor should do now ?

wait till the deadline and then invest(after 31st July)?

what the Advisor should do now ?

advise the client not to invest in July’09 ?

what the AMCs should do now ?

close the doors and stop accepting the purchases?

what is actually happening ? ? ? ? ? ?

what is right ?

is there any answer ? ? ?

Equity Investing

2009-07-09T09:54:00.000+05:30

why one should invest in equity.

The market was very volatile (as usual) in the recent times.

During 2009 Sensex was at a high of 15600 in June and at a low of 8047 in March.

If you buy and hold at every low you would have gained in an average 20% to 30%.

If you feel the return of 20 % to 30 % in share market is very less, then you dint understand market and it is not the place for you. you have to start some other business.

You buy regularly at every low and hold it for a long term. ( long term differs from person to person). For someone who earned or lost huge in share market one month is long term.

Normally you hold it for min 3 years, accumulate at every opportunity. if the price of your holding rises more than 70% sell it off. Sit on cash. wait for the opportunity.

It happened between March’09 to June’09. Unimaginable return. Axis Bank, ICICI Bank and Reliance Capital gave more than 150% return.

it is very occasional. at times you may loose also but never sell at a loss. wait for the opportunity to buy. every fall is an opportunity.

So invest in equity, treat it as a business, devote time for this every day.

Happy Trading

to be continued

What’s your money worth

2009-07-05T15:10:00.002+05:30

(I feel Budget in India is nothing of interest, for most of the middle class and below, except the direct tax exemptions)

I would like to rewrite here, the article of Ms Mohini Kent on Sunday Times, on the Budget eve.

WEALTH HAS BECOME THE YARDSTICK OF SUCCESS.

“If a man is wealthy,(it means)he is handsome and wise and he can sing well too” it is a Yiddish proverb but it could be applied anywhere in the world, with wealthy people expressing ‘strong’ opinions on everything under the sun. Money seems to confer the highest caste on people and they seen to hold the key to wisdom. we listen to them attentively, hoping some of the magic will rub off on to us.

It is been instrumental in improving our lives and made the world far more democratic because anyone can buy anything today in exchange for a few pieces of paper.

Today,the poor can afford what even the rich found difficult in the past – foreign travel, for instance.

It is one of the major energies of the world, along with sex, although in many cases, the two go together. Even remote tribal who still live in a moneyless world feel the force of money when outsiders use paper currency to buy their land and are granted the right to fell their forests.

So, what do we do? Make money, spend it and enjoy it. In the meantime, it is vital to recognize our relationship with money and how it colors our relationships with others, including those most dear to us. Money is not a piece of printed paper, it has acquired enormous emotional connotations and psychological hues.

Money spells power, control, comfort and security. Fawning friends and the envy of peers makes having money even more satisfying . It gives us a sense of superiority.

Sometimes it seem as if a man’s most enduring love affair is with money, his own money and that of others.

it is an obsession, almost an occult possession by another entity. In its pursuit, men and women can become ruthless, even evil.

Rich men use money to cheat death by trying to buy immortality . some of the foundations they run have less to do with compassion and more to do with their personal wish to perpetuate their names. It’s extremely rare for anyone voluntarily to give up money and power. Andrew Carnegie (Nov25,1835 – Aug 11,1919) was that rare individual. He wondered “what to do with the enormous wealth we have” and wrote that surplus wealth could be disposed off in three ways

Left it to the family
Bequeathed (willed) for a public purpose
Administered in one’s lifetime

Traditionally, people opt for for one of the first two but Carnegie concluded that an individual should “ set an example of unostentatious living; provide moderately for the legitimate wants of those dependent upon him: and, after doing so, to consider all surplus revenues which come to him simply as trust funds” to be used for the good of the community. The man of wealth then becomes a trustee and agent for his poor fellowmen.

Carnegie knew all about poverty. He was born in a one-room cottage in Scotland. His family emigrated to America, where he took up his first job at 13 years in a cotton mill. In a classic rags-to-riches story, he built a profitable empire of steel (which later became US Steel) and became the world’s second richest man, after Rockefeller. After some time, Carnegie sold his company and devoted the rest of his life to philanthropy, building more than 3000 libraries, schools and universities in America. He wrote: “The man who dies rich dies disgraced”. By the time he died, he had given away the bulk of his vast fortune.In India JRD Tata did something similar.

Money can bring us joy; it can bring us misery; it can buy us attention, isolate us; binds families or split them. Everyone have to understand money, build a healthy relationship with it, realize its true value and purpose.

Thanks Sunday Times.

I feel In India, we have more Philanthropists. N R Narayana Murthy and Nandan Nilekani come to my mind immediately.

Govt budget alone can not bring in welfare to all the citizens in any country. The rich and the Corporate have a duty to contribute MORE to the Nation.

File your IT return

2009-07-05T12:37:00.001+05:30

You (individuals) are supposed to file your Income Tax return every year before July 31st.

Now you are filing the return for the financial year 2008 – 09.(for the earnings from 1st April 2008 to 31st March2009)

The assessment year is 2009 –10.

No document (even TDS certificate) should be attached to the form.

Income Tax Returns can be filed

1 In paper form using ITR 1 to ITR 4

2 Electronically under digital signature (online)

3 Electronically (online) then submitting the verification of the return in Form ITR – V

click here for E filing

SIP >> Systematic Investment Plan

2009-07-05T11:43:00.001+05:30

Did you benefit from the record rise on ‘Golden Monday’ post election results?

Popular belief is that most of the investors could not benefit from this rally as more often than not,

investments are guided by feeling of greed and fear.

Remember, an investor’s worst enemy is not stock market, but his own emotions.

Only those investors

who remained invested throughout the turbulent period

or

invested when market sentiment was at its ebb

or

continued with their Systematic Investment Plan (SIP) have eventually benefited.

I would like to reiterate,

"It is not timing the market, it’s time in the market that is important".

Wealth isn’t something to admire. It is something you create.

Think of each SIP payment as laying a brick. One by one, you can lay the foundation for secured financial future.

Reliance Infrastructure Fund

2009-06-17T12:27:00.001+05:30

The big question is

Is it RIGHT TIME to invest in infrastructure NOW ?

Yes. one may invest in this Reliance Infrastructure NOW.

Reasons:

It is NFO (New Fund Offer). units are allotted at Rs 10 with applicable load.
It is Infrastructure. when India Grows Infrastructure Grows and vice versa.
Mutual Funds, Insurance Companies, Corporate, FIIs and HNI Investors are waiting in the sidelines to invest in Indian Market so there seem to be no correction in sight.
Political stability. Immediate priority of the new Government being revival of economic growth.
Lower cost of Debt envisages Liquidity.
Valuations of Infra companies reasonable even at this level.
I personally feel every NFO is opportunity to save and a step to build a corpus on long term goal.
Invest now and hold it at least for 3 years.

HAPPY INVESTING

Quote

2009-06-08T20:35:00.004+05:30

I enjoyed reading these. It motivated me.
"Every moment, every situation, Every issue and every concern
has a positive side. Find it and bring it to life ...."

"If a drop of water falls in lake there is no identity.
But if it falls on a leaf of lotus it shines like a pearl.
So choose the best place where you would shine…"

"Live, like a river, cutting a new path whenever it meets an obstacle."

"Opportunities multiply as they are seized; they die when neglected.
Life is a long line of opportunities."

"Use Boredom to self analysis, it will lead you to inspirational ideas."

Equity Investing

2009-06-08T19:53:00.003+05:30

I do Hope, you all will agree that you cant spend all the money you earn.
Everyone must save some portion of their earnings. Right?
where and how is the big question.
Multiplying the money is great art.
Intially you may take help from an Investment Advisor.
You get fixed risk free returns (approx 8 to 11 %) from

Bank Deposits
Company Deposits
Post Office Schemes
PPF

Here your money gets doubled in (approx) in 8 years.

But you also have to look for some variable returns with some risk.

That is equity trading or share trading where your money MAY get doubled in 3 months ALSO.

also there may be notional loss.

to be continued

CHENNAI SUPER KINGS	C S K
MUMBAI INDIANS	M I
ROYAL CHALLENGERS BANGALORE	R C B
DECCAN CHARGERS	D C
KOLKATTA KNIGHT RIDERS	K K R
DELHI DARE DEVILS	D D D
RAJASTHAN ROYALS	R R
KINGS XI PUNJAB	K XI P
KOCHI	KOCHI
SAHARA PUNE WARRIORS	SAHARA

I Direct Code	Mutual Fund	Price
GOLDEX	BENCHMARK	1858
HDFGOL	HDFC	1897
ICIETF	ICICI	1900
KOTGOL	KOTAK	1853
QUGOLD	QUANTUM	920
RELETF	RELIGARE	1900
RELGOL	RELIANCE	1796
SBGETS	SBI	1891
UTGOLD	UTI	1862

Shan's Investment Ideas

HAPPY NEW YEAR 2012

TAX SAVING INFRA BONDS

NHAI TAX FREE BONDS

Mutual Fund Select

THAPASVINI

Income Tax Rates 2012-13

L&T Infra Tax Saving Bonds

IDFC INFRA BONDS

IDFC has come out with the TRENCHE I Tax Saving

Long Term Infrastructure Bonds issue.

Countdown to Plus 2 Exam

West Indies in India - 2011

Cricket Schedule:

West Indies will play 3 tests and 5 ODIs in India during Nov – Dec 2011.

Fixed Deposit Rates November 2011

Infrastructure Bonds

Holidays 2012 - Tamilnadu

A Look at GOLD ETF

GOLD ETF - MUHURAT

WISH

Bilbao Masters 9th Round

Final 10th Round Schedule

Scores After 9th Round

BILBAO MASTERS 2011

England Tour of India 2011

Sao Paulo 2011

Bilbao chess masters 2011

Repeat

My God, they killed him

There was a man named Mahatma Gandhi

He would not bow down he would not fight

He knew the deal was down and dirty

and nothing wrong could make it right away

But he knew his duty and the price he had to pay

Just another holy man who tried to be a friend

My God, they killed him !

WISH

MAHATMA’S QUOTES

Buy at every Fall

GOLD ETF

SBI GOLD FUND

Time to START Share Trading

GOLD ETF

L&T Fin Holdings Listing

STOCK TRADING TIPS

L&T F H IPO allotment status

STOCK WATCH

L& T Fin Holdings IPO Bid Details

L&T Financial Holdings IPO

All (Employees, Share Holders and Retail Applicants)

can apply online thro ICICI Direct.

(If you have I Direct account)

RAHUL DRAVID

INCOME TAX

Indian Income Tax Official Website

E File Your Income Tax Returns

Check Your REFUND Status

Pay TAX Online

Know Your Jurisdiction as per Your PAN

Know Your TAX Credit (no need to wait for Form 16 or Form 16A) Cost Rs. 117 max.

Check KYC Compliance of your PAN

Apply PAN Online

RUSHIL DECOR LTD - stock watch

SENSEX

L&T Finance Holdings Ltd IPO

SENSEX

SENSEX

SENSEX

CHESS

Market Watch

SHRIRAM TRANSPORT NCD ISSUE

SENSEX Watch

GOLD ETF Status as on 6th April 2011

The Winning Hit ICC WC 2011

IPL 4 SCHEDULE

IPL 4 TEAMS

HAPPY NEW YEAR

VERY HAPPY AND PROSPEROUS

NEW YEAR 2011