It is indeed my pleasure to welcome you to the first edition of Sinhasi Insights, our Newsletter that brings to your inbox curated information about events in the Financial World that impact your financial investments and assets. These have been specially selected for you, and we hope you will be able to find the time to go through the same. As always, we would be happy to receive a call from you and help you understand the points of impact better.
We would also be thankful for your suggestions to help us evolve Sinhasi Insights into a more valuable information tool on your path to Holistic Enriched Wealth.
MANAGING DIRECTOR,
SINHASI CONSULTANTS PVT. LTD.
The markets have been holding the 52 k levels for a while now.
But the Third Wave of the COVID-19 pandemic looms ahead.
Will the markets prevail?
Should I book profits and time the market ?
How can I maximise my profits?
And what events will impact my investments?
Girik Multicap PMS has outperformed equity mutual funds with alpha returns consistently over a 10 year period, and is currently the top performing PMS scheme in India over a 5 and 10 year period. We spoke to Mr. Charandeep Singh, Founder & MD, Girik Capital and Mr. Varun Daga, Co-Founder & Fund Manager, Girik Capital as a part of the Sinhasi Intelligent Investing Forum Webinar Series on Bulls vs. the 3rd COVID Wave.
We have captured their critical observations in the first of the 3 articles that include video bytes plus tips for all involved investors who are keen to understand whats happening and what could happen next.
This is a must read article as their successful approach to investing, especially during turbulence, is a key input to the Focal Point of our strategy and investment recommendations in the current period as well.
- MIMI PARTHA SARATHY -
Mr. Charandeep Singh
Founder & Managing Director
Mr. Varun Daga
Co-Founder & Fund Manager
The honorable Supreme Court has ruled that the consent of unit-holders is mandatory when winding up of schemes of mutual funds. Supreme court gave its view on 14-July-2021 about how SEBI’s wind-up regulations should be interpreted. Supreme court’s ruling sets the precedence now about the winding up of mutual fund schemes. This ruling will ensure that sudden disappearance of liquidity in mutual fund schemes as had happened in the Franklin Templeton incident will not happen going forward until unit-holders consent.
Indian markets are being busy with multiple stellar listing of IPOs. Following are list of IPOs which had more than 50% gain on listing day.
These are all contributing to the Bull wave!
Many of these IPOs are from tech companies (Route Mobile, Happiest Mind), Platform businesses (Nureca), Online gaming company (Nazara)etc. This phase of listing of unicorns as well as new age tech companies in Indian markets is the new era and the most exciting phase going forward. Many of them have unique benefits in their business segments. However, their valuations are high according to traditional valuation metrics and need to keep a tab on their business performance going forward.
IMF has forecasted that global GDP growth in CY2021 will be 6%. This is the highest rate of growth since 1970 (note the low base of previous year also). The risk to global growth will be “insufficient availability of vaccines access to developing countries as well as threat of the rapid spread of Covid-19 delta variant”, which seems unlikely. This projected growth is attributable to fiscal stimulus in US, reopening of economies and improvement in availability of vaccines. Again from a macro perspective this is a contributor to the bull wave!
Citigroup has announced in April 2021 that it will shut down its retail banking operations. In this context, a new buyer may acquire the retail banking division of Citibank including its credit card division. However, this acquisition, will not have any impact on the Credit Scores of individuals. Though there may be an impact on reward points.
It is indeed my pleasure to welcome you to the first edition of Sinhasi Insights, our Newsletter that brings to your inbox curated information about events in the Financial World that impact your financial investments and assets. These have been specially selected for you, and we hope you will be able to find the time to go through the same. As always, we would be happy to receive a call from you and help you understand the points of impact better.
We would also be thankful for your suggestions to help us evolve Sinhasi Insights into a more valuable information tool on your path to Holistic Enriched Wealth.
MANAGING DIRECTOR,
SINHASI CONSULTANTS PVT. LTD.
The markets have been holding the 52 k levels for a while now.
But the Third Wave of the COVID-19 pandemic looms ahead.
Will the markets prevail?
Should I book profits and time the market ?
How can I maximise my profits?
And what events will impact my investments?
Girik Multicap PMS has outperformed equity mutual funds with alpha returns consistently over a 10 year period, and is currently the top performing PMS scheme in India over a 5 and 10 year period. We spoke to Mr. Charandeep Singh, Founder & MD, Girik Capital and Mr. Varun Daga, Co-Founder & Fund Manager, Girik Capital as a part of the Sinhasi Intelligent Investing Forum Webinar Series on Bulls vs. the 3rd COVID Wave.
We have captured their critical observations in the first of the 3 articles that include video bytes plus tips for all involved investors who are keen to understand whats happening and what could happen next.
This is a must read article as their successful approach to investing, especially during turbulence, is a key input to the Focal Point of our strategy and investment recommendations in the current period as well.
- MIMI PARTHA SARATHY -
Mr. Charandeep Singh
Founder & Managing Director
Mr. Varun Daga
Co-Founder & Fund Manager
The honorable Supreme Court has ruled that the consent of unit-holders is mandatory when winding up of schemes of mutual funds. Supreme court gave its view on 14-July-2021 about how SEBI’s wind-up regulations should be interpreted. Supreme court’s ruling sets the precedence now about the winding up of mutual fund schemes. This ruling will ensure that sudden disappearance of liquidity in mutual fund schemes as had happened in the Franklin Templeton incident will not happen going forward until unit-holders consent.
Indian markets are being busy with multiple stellar listing of IPOs. Following are list of IPOs which had more than 50% gain on listing day.
These are all contributing to the Bull wave!
Many of these IPOs are from tech companies (Route Mobile, Happiest Mind), Platform businesses (Nureca), Online gaming company (Nazara)etc. This phase of listing of unicorns as well as new age tech companies in Indian markets is the new era and the most exciting phase going forward. Many of them have unique benefits in their business segments. However, their valuations are high according to traditional valuation metrics and need to keep a tab on their business performance going forward.
IMF has forecasted that global GDP growth in CY2021 will be 6%. This is the highest rate of growth since 1970 (note the low base of previous year also). The risk to global growth will be “insufficient availability of vaccines access to developing countries as well as threat of the rapid spread of Covid-19 delta variant”, which seems unlikely. This projected growth is attributable to fiscal stimulus in US, reopening of economies and improvement in availability of vaccines. Again from a macro perspective this is a contributor to the bull wave!
Citigroup has announced in April 2021 that it will shut down its retail banking operations. In this context, a new buyer may acquire the retail banking division of Citibank including its credit card division. However, this acquisition, will not have any impact on the Credit Scores of individuals. Though there may be an impact on reward points.
