fifa newsletter dec 2018 final final final1 · ashok megha k rishnani bharat dinkerrai desai ashish...
TRANSCRIPT
![Page 1: Fifa Newsletter DEC 2018 Final Final Final1 · Ashok Megha K rishnani Bharat Dinkerrai Desai Ashish D Parekh K etan Mahendrakumar Jhaveri ... General O1707 Ind Jayant Ramakrishna](https://reader036.vdocument.in/reader036/viewer/2022071214/60425c35755c1710463f3656/html5/thumbnails/1.jpg)
of Independent Financial Advisors
Foundation
Nov 2018
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What's New?
Equity Market Performance during November 2018As the crude oil prices weakened giving some respite to the depreciating rupee, the equity markets also rebounded giving around 5% returns to the investors after two consecutive months of negative returns. Amidst all this, FIIs also turned out to be the net buyers into the markets for this month. The Indian rupee has appreciated by 5.9% against the US dollar during the month and closed the month at nearly 4-month high of Rs.69.58 per dollar as on 30th November 2018 as against Rs. 73.96 per dollar a month ago.
Even the global sentiments turned favourable for the equity markets, as there were signs of a trade deal between the US and China and also due to dovish comments by the Chair of the Federal Reserve.
The festive season brought cheers to the consumption story which was also reflected in the Consumer Durables and Auto sector indices giving 7.2% and 5.1% returns respectively. Further, the rupee appreciation brought some negative returns for the sectors relying heavily on the exports and IT and Healthcare sector closed the month with -1.6% and -2.7% returns respectively.
While the valuations have turned reasonable in the equity markets, investing in large caps is more advisable at this stage, as such stocks are more resilient to the market volatility. Further, fresh investments may be considered to be made in a staggered manner through Systematic Investment Plans (SIPs) so as to achieve the long-term financial goals.
Monthly SIP Inflows
02 Nov 2018
The mutual fund industry has continued to attract healthy inflows from the retail investors in this month as well. During the month of November 2018, an amount of Rs. 7,985 crores has been invested through SIPs which is 35% higher than the amount of Rs. 5,893 crores collected in November 2017. On a sequential basis, the SIP inflows were equal to the inflows last month. As such, SIPs have helped total inflows into the mutual fund sector for an amount of Rs. 60,457 crores in 8 months of this financial year 2018-19, as against Rs. 67,190 during the 12 months of the financial year 2017-18.
AUM Data - Investments in Mutual Funds The markets have continued to be in a phase of consolidation, even while the signs of recovery in the financial sector were visible. However, with the General elections due within next 6 months, the investments into the markets are also consolidating. The AUM increased by 8% on a sequential basis from Rs. 22.24 lakh crore as of 31st October 2018 to Rs. 24.03 lakh crore as of 30th November 2018, primarily led by the stronger inflows of Rs. 1.36 lakh crore into liquid/ money market funds. The equity mutual funds (including arbitrage funds, balanced funds, and ELSS) saw net inflows of Rs. 11,005 crores during the month, as against Rs. 15,302 crores in October 2018. The cumulative net inflows into equity funds for the 8 months into the current financial year stand at Rs. 98,078 crores.
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03Nov 2018
FIFA Welcomes New Members
M TYPE
MEM.NO. TYPE LOCATIONNAME OF ORGANISATION / IFA
O1658
O1659
O1660
O1661
O1662
O1663
O1664
O1665
O1666
O1668
O1670
O1672
O1673
O1674
O1675
O1676
O1677
O1678
O1679
O1680
O1681
O1682
O1683
O1684
O1685
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
Founder
General
General
General
General
Sudha Gaur
Maks Investment
Bharat Dinkerrai Desai
Palaash Financial Services
Saumit House of Ins Inv & Loans
Mitulkumar Sa�shbhai Shah
Naresh Jitendrabhai Desai
Jaydarshan Investments
Sapna Investment
Neptune Investment
Bhavesh Jayprakash Trivedi
Royal Investment
Nayankumar Prabhudas Padia
Avinash Sopan Jadhav
Value Investments
Misal Investments
Mutual Fund Distribu�on
Nalawade Financial Services
Sunil Babasaheb Pa�l
JS Advisory
Aditya Financial Service
Girindra Narayan Ghosh
Vish Advisers Pvt Ltd
Sangita Binod Sahu
Indv
N.Indv
Indv
N.Indv
N.Indv
Indv
Indv
N.Indv
N.Indv
N.Indv
Indv
N.Indv
Indv
Indv
N.Indv
N.Indv
N.Indv
N.Indv
N.Indv
N.Indv
N.Indv
Indv
N.Indv
Indv
Sudha Gaur
Ashok Megha Krishnani
Bharat Dinkerrai Desai
Ashish D Parekh
Ketan Mahendrakumar Jhaveri
Mitulkumar Sa�shbhai Shah
Naresh Jitendrabhai Desai
Pinakin Jayan�lal Shah
Jaykumar Sureshchandra Patel
Mithun Mahesh Desai
Sapna Sandip Shah
Nileshkumar Shan�lal Mistry
Jeegar Deepak Shah
Dhruveshkumar Tejalkumar Shah Bhavesh Jayprakash Trivedi
Maulik Rajesh Shah
Nayankumar Prabhudas Padia
Avinash Sopan Jadhav
Mahadev Yashwant Jadhav
Sharadchandra Jagannath Misal
Sunil Krishnarao Kumbhar
Anil Sarjerao Nalawade
Sunil Babasaheb Pa�l
Jagjit Singh
Baliram Balaji Parande
Girindra Narayan Ghosh
Vidhu Bhushan Verma
Sangita Binod Sahu
Delhi
Valsad
Valsad
Valsad
Surat
Bardoli
Valsad
Bhilad
Pardi
Navsari
Valsad
Navsari
Navsari
Vyara
Bardoli
Bardoli
Surat
Satara
Ichalkaranji
Satara
Satara
Satara
Kolhapur
Jamshedpur
Latur
Cu�ack
Hooghly
Mumbai
Jumbo Wealth
Nai�k Financial Planners
Shree Laxmi Investment
Dhruveshkumar Tejalkumar Shah
N.Indv
N.IndvGeneral
General
General
General
General
General
O1667
O1669
O1671
N.Indv
Indv
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04 Nov 2018
FIFA Welcomes New Members
M TYPE
MEM.NO. TYPE LOCATIONNAME OF ORGANISATION / IFA
O1686
O1687
O1688
O1689
01567A
O1584A
O1586A
O1690
O1691
General
General
General
General
General
General
General
General
Ajay Birendra Singh
Cedric Savio Araujo
Investzone Financial Planning Services
Vivek Joshi
Meghanath Investments
Clique Advisory Services
Sui Generis Consul�ng
Agrani Investments
Indv
Indv
N.Indv
Indv
N.Indv
N.Indv
N.Indv
N.Indv
Ajay Birendra Singh
Cedric Savio Araujo
Samrat Sanjay Surve
Vivek Joshi
Manish Mahindrakar
Santosh Kumar Bajaj
Kshi�z Agarwal
Da�araj Visham Desai
Bhushan Ramrao Chaudhari
Chitresh Narendrabhai Bhavsar
Amit Anil Nafde
Dhansukh Swarupchand Shah
Nagpur
Goa
Sangamner
Howrah
Hyderabad
Raipur
Agra
Alto Be�m
Nagpur
Chikhli
Nagpur
Investor Point
Omega Investments
Poonam Insurance & Investments
N.Indv
N.IndvGeneral
General
General
O1692
O1693
O1694 N.Indv
Vrushabh Vijaykumar Shah Vrushabh Vijaykumar ShahGeneral O1701 Ind Pune
Sonali Manoj Tala� Sonali Manoj Tala�General O1702 Ind Pune
Deccan Investment Centre Chandrashekhar Sadashiv KarkhanisGeneral O1703 N.Ind Pune
Wealth Creators Ram Niwas AgrawalGeneral O1704 N.Ind Pune
Financial Solu�os Arvind Kumar ToshniwalGeneral O1705 N.Ind Pune
Deepa Shrinivas Phatak Deepa Shrinivas PhatakGeneral O1706 Ind Pune
Jayant Ramakrishna Yewale Jayant Ramakrishna YewaleGeneral O1707 Ind Pune
R.P. Patekar Ratnamala Pandurang PatekarGeneral O1708 Ind Pune
Gokul Bhausaheb Raykar Gokul Bhausaheb RaykarGeneral O1709 Ind Pune
Neena Ahluwalia Neena AhluwaliaGeneral O1695 Indv Navi Mumbai
Kaushik Kaushal Kaushik KaushalGeneral O1696 Indv Patna
Chaitanya Investment Consultant Punita SharmaGeneral O1697 N.Indv Chandigarh
Punita Raval & Associates Punita RavalGeneral O1698 N.Ind Pashan
Omshree Investment Services Yogesh Sukhadev TamkhadeGeneral O1699 N.Ind Pune
Wealth Growth Services Ashutosh Vivek DabakeGeneral O1700 N.Ind Pune
Bhilad
Interinvest Wealth Advisory ServicesN.IndvGeneral
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05Nov 2018
FIFA Welcomes New Members
M TYPE
MEM.NO. TYPE LOCATIONNAME OF ORGANISATION / IFA
O1710
O1711
O1712
O1713
O1714
O1715
O1716
O1717
O1718
O1720
O1722
O1724
O1725
O1726
O1727
O1728
O1729
O1730
O1731
O1732
O1733
O1734
O1735
O1736
O1737
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
General
Founder
General
General
General
General
N.S. Enterprises
Ravindra Kale Associates
Swas�k Investsmart
Financial Advisor
Mutual Fund Advisor
Jyo� Jaikumar Bagrecha
Ujjwal Investments
Advisor
Janak Shital Shah
Sheth Bros Finance And Investments
Varsha Vasant Limhan
Madhukar Consultancy
Mahesh Mohan Rawal
Kaustubh Thakur
Shiv Chidamber Financial Sevices
Anupama P Juvekar
HCT Financial Investment Consultancy
Rajendra Ratnakar Pandare
Investurtle
Mutually Yours
Bina Uday She�y
Abhay K Doshi
Crescent Wealth Planners
Ramaa Financial Services
N.Indv
N.Indv
N.Indv
N.Indv
N.Indv
Indv
N.Indv
N.Indv
Indv
N.Indv
Indv
N.Indv
Indv
Indv
N.Indv
Indv
N.Indv
Indv
N.Indv
N.Indv
Indv
Indv
N.Indv
N.Indv
Ni�n Soni
Kale Ravindra Mukund
Tala� Manoj Vinodchandra
Rajaram Balkrishna Pol
Krishna Manohar Pandhare
Jyo� Jaikumar Bagrecha
Makarand Moreshwar Gandhi
Jaikumar Lakmechand Bagrecha
Rajaram Harba Wanjari
Dhairyasheel Shantaram Pa�l
Janak Shital Shah
Shital Sharad Shah
Ravindra Ganapatdas Sheth
Dinesh Limaye Varsha Vasant Limhan
Madhukar Kota
Mahesh Mohan Rawal
Kaustubh Govind Thakur
Bajirao Rajba Kakade
Anupama Parag Juvekar
Paresh Chandrakant Thakkar
Rajendra Ratnakar Pandare
Nilesh Subhashchandra Gandhi
Hemant Subhashchandra Shah
Bina Uday She�y
Abhay Kan�lal Doshi
Dinesh Raghunath Kothawade
Chandan Yagnesh Prakash
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Satara
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Satara
Pune
Pune
Pune
Pune
Pune
Dhairyasheel S Pa�l
Jai Bagrecha
Star Financials
Dinesh Limaye
Indv
IndvGeneral
General
General
General
General
General
O1719
O1721
O1723
N.Indv
Indv
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06 Nov 2018
FIFA Welcomes New Members
M TYPE
MEM.NO. TYPE LOCATIONNAME OF ORGANISATION / IFA
O1738
O1739
O1740
O1741
O1742
O1743
O1744
O1745
O1746
General
General
General
General
General
General
General
General
Bharat Jawaharlal Chawhan
Midas Wealth Advisory Pvt Ltd
Prakash V Shah
Finanzfolio
Sanjay Keshav Zaware
Sanjay Nade
Surabhi Wealth Managers LLP
Wealthfarmer
Ind
N. Ind
N. Ind
N. Ind
Ind
Ind
N. Ind
N. Ind
Bharat Jawaharlal Chawhan
Ramkumar Sukhanandan Agrawal
Prakash Vadilal Shah
Sunil Jivan Date
Sanjay Keshav Zaware
Sanjay Shantaram Nade
Yogesh Ashok Bhave
Ketkar Kaustubh Purusho�am
Santosh Upendra Gadre
Kolekar Dnyaneshwar Sadashiv
Arun Vishwanath Alegaonkar
Vipul Mahendra Shah
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
Pune
K.G. Consultants
Ketkar Kaustubh Purusho�am
Vipul Mahendra Shah
Ind
N. IndGeneral
General
General
O1747
O1748
O1749 Ind
Ujwalkiran Financial Services Kiran Kailas ShindeGeneral O1756 N. Ind Pune
Chhajed Investments Praveen Bakhtawarmal ChhajedGeneral O1757 N. Ind Pune
S.P Sakhare Group And Company Sandip Pradip SakhareGeneral O1758 N. Ind Pune
Chatur Investments Sandeep Dnyaneshwar Bhushe�yGeneral O1759 N. Ind Pune
Aar B Financial Services Harshal Prabhakar BhosaleGeneral O1760 N. Ind Pune
Sanchit Wealth Management Pune Tejaswini Sanjeev ParandekarGeneral O1761 N. Ind Pune
Surendra Gopal She�y Surendra Gopal She�yGeneral O1762 Ind Pune
VCK Investment Centre Chandrahas Raghunath KulkarniGeneral O1763 N. Ind Pune
Gadre's Knowledge & Financial Solu�ons Shailesh Shashikant GadreGeneral O1764 N. Ind Navi Mumbai
Uday Madhav Kane Uday Madhav KaneGeneral O1750 Ind Pune
Investguide Deepak Sharadchandra KulkarniGeneral O1751 N.Ind Pune
Bajaj Investment Vivek Ramgopal BajajGeneral O1752 N.Ind Pune
Prabhakar Balkrishna Shidhaye Prabhakar Balkrishna ShidhayeGeneral O1753 Ind Pune
Mandar Takalkar Mandar Gopal TakalkarGeneral O1754 Ind Pune
Chintan Wealth Crea�on Vinay Kashinath ShahagadkarGeneral O1755 N. Ind Pune
The Nivesh Guru
N. Ind
Pune
General
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07Nov 2018
M TYPE
MEM.NO. TYPE LOCATIONNAME OF ORGANISATION / IFA
O1765
O1766
O1767
O1768
O1769
O1770
General
General
General
General
General
General
Anil Babulal Mhta
Akshar Financial Services
Deveshkumar Ishwarlal Bhagat
Viral Anilkumar Modi
Madhavmantra Investments
Jayesh Nareshchandra Patwa
Ind
Ind
Ind
N.Indv
Ind
N.Indv
Anil Babulal Mehta
Anil Dhanjibhai Patel
Deveshkumar Ishwarlal Bhagat
Viral Anilkumar Modi
Dinesh Govindbhai Devani
Jayesh Nareshchandra Patwa
Surat
Surat
Surat
Surat
Surat
Surat
O1771General Kinjal Investment ConsultancyN.Indv Kiritbhai Shan�lal Shah Surat
On 24th November,2018Roopa Venkatkrishnanhad an interactive Sessionat Mathura which was wellattended by the IFAs.
Events
FIFA Welcomes New Members
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08 Nov 2018
On 28th November, 2018 Mr. Sanjay Khatri, Director, FIFA
had a session in Jallandar and many IFAs attended the same.
On 27th November, 2018 Sanjay Khatri, Director, FIFA, had an electrifying
Session in Amritsar, which was attended by about 50 IFAs.
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09Nov 2018
A leading newspaper Dainik Bhaskar published the news of our Event in Jallandar as under:
Mr. Sanjay Khatri also conducted a Knowledge Sharing Session in Ludhiana on 29th November,2018 and Chandigarh on 30th November,2018 and many IFAs participated in the same.
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10 Nov 2018
On 30th Nov, 2018 Event held in Chandigarh, conducted by
Mr. Sanjay Khatri, Director of FIFA, which was attended by 75
IFAs from these cities/ towns namely - Chandigarh, Mohali,
Panchkula, Zirakpur, Mandi Gobindgarh, Patiala, Yamuna
Nagar, Kaithal, Ambala, Anandpur Sahib, Fatehgarh Sahib,
Rajpura)
Your contribution towards this newsletter is solicited. Please
share your views on events at your end.
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05Nov 2018
Quiz Q.1 - Liquid funds carry the taxation rates as that applicable to
equity funds
A ) True B ) False
Q.2 - A Multi Asset fund must invest in at least 5 asset classes.
A ) True B ) False
Q.3 - The fund houses must disclose the portfolio of their schemes
on daily basis on their websites.
A ) True B ) False
Q.4 - ETF stands for:
A ) Exchange Traded Fund
C ) Early and Timely Fund
B ) Earlier Traded Fund
D ) Early and Timely Fund
Q.5 - The mutual fund industry has recently celebrated 25 years
of the opening of the sector for private fund houses.
A ) True B ) False
Ans. Q.1 - B), Q.2 - B), Q.3 - B), Q.4 - A), Q.5 - A),
All those Members who have not paid the Annual Fee are requested to do so at the earliest for both 2017-18 & 2018-19.
Your contribu�on towards this newsle�er is solicited. Please share your views on events conducted at your end.
Mail to [email protected]
Editor: Nisreen Mamaji
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