Why Mutual funds Sahi hai??

*List of HERO TO ZERO Stock*

1. Reliance Infra   - 2500 > 42.70
2. Rel Capital   - 2924 > 62
3. Rel Power  - 430 > 4.15
4. R COM - 800 > 1.45
5. R NAVAL - 117 > 3
6. DHFL   - 690 > 62.90
7. Jet Airways - 883 > 33
8. Jain Irrigation - 264 > 25
9. PC jewellers  - 600 > 45
10. Vakrangee  - 515 > 31
11. Suzlon  - 400 > 3.35
12. Kwality  - 225> 2.45
13. JP Associates  - 339 > 2.70
14. JP Power - 140 > 1.90
15. JP Infra - 100 > 1.60
16. manpasand beverages  - 500 > 28
17. Central Bank - 210 > 22
18. J&K Bank  - 176 > 34.70
19. Mercator - 165 > 1.65
20. Aban offshore - 5400 > 35.40
21. Sintex Plastic Tech - 120 > 8
22. BPL 152 > 21
23. HDIL 1100 > 14.50
24. Videocon 760 > 1.70
25. MTNL 217 > 7.60
26. ILFS 308 > 3.10
27. Cox & King - 367 > 62.70
28. Mcleod Russel  - 325 > 18.85
29. Eros Int  - 643 > 25.80
30. LEEL  Electricals - 340 > 7.30
31. Alok Ind 105 > 3.80
32. Subex 725 > 5.80
33. Adlabs  - 207 > 4.05
34. Atlanta - 270 > 9.30
35. IFCI - 114 > 7.65
36. GMR Infra - 124 > 14.80
37. Uttam Galva  - 172 > 7.55
38. Oil Country  - 172 > 5.90
39. Punj Llyod - 580 > 1.25
40. Lovable lingerie - 612 > 69
41. Shree Renuka Sugar - 120 > 9
42. Patel Eng  - 1020 > 18.80
43. RS Software  - 400 > 20.75
44. On mobile - 361 > 31.15
45. Windsor machines - 150 > 25.10
46. Bartronics  - 255 > 3.90
47. Rolta - 375 > 5.45
48. kohinoor food - 136 > 16.30
49. Dolphin offshore - 445 > 29.40
50. Snowman logist - 130 > 29.50
51. IRB INFRA 310 > 93
52. HEG 4500 > 1320
53. Varroc Engineers 1151 > 450
54. Goa Carbon 1185 > 340
55. Hotel leela 85 > 7.55
56. Vodafone Idea 118 > 11.35
57. Educomp 1100 > 1.50
58. VIP Clothing 100 > 11.70
59. Gati 290 > 57
60. GTPL 180 > 58
Regards
Mohit jagga
Financial Advisor

http://www.wealthymill.com/

Cont: 9466787277

That's why MFs are better than direct equity as fund managers know when to exit bad stocks 😊😊

Jet Airways case study

The Promoter,The lender, The Management, The Strategic Partener,and The Government were all flying blind
 
 
After months of stalling, there is some progress made towards a resolution of the Jet Airways crisis. The Mumbai bench of the National Company Law Tribunal (NCLT) admitted a petition filed by the State Bank of India for resolution of Jet Airways under the Insolvency code and suggested a timeline of 90 days, citing it as a matter of national importance.
In anticipation of such a move, the Jet Airways stock shot up by 150 percent on Thursday. The huge move was possible because of the unwinding of the short position in the counter.
But is the rally justified? Certainly not.
The case is now with NCLT, a body which is expected to protect the interest of the lenders. Given the present status of Jet Airways, it is very unlikely that there would be anything left over for shareholders after providing for lenders and creditors in case liquidation is recommended by the Insolvency and Bankruptcy Code (IBC).
Jet Airways has already been grounded for two months after the airline ran out of cash, owing Rs 8,500 crore to a consortium of 26 banks led by SBI. Many employees of the company have since then been picked up by other airlines. Further, a number of lawsuits have been filed against the company and most of its 100 operational aircraft impounded.
Any company, consortium of investors or private equity player keen on acquiring the company will have a tougher task to revive the company than creating a new one. Unlike a manufacturing unit which is mothballed before it is shut down, reviving a company in the service sector like an airline is far more difficult.
It would be a sad day for the 22,000 employees and over 80,000 indirect dependents of Jet Airways if the company is stripped and sold. The blame for bringing the company down to the current state has to be shared by the promoter, its management, employees, lenders, strategic partner and the government.
The airline industry has low accident rates only because they listen to the black box of a crashed aeroplane and analyse the faults and take lessons from it. Similarly, the fall of Jet Airways also holds lessons for all stakeholders.
 
Promoters
For promoters, Jet Airways' promoter Naresh Goyal's stubbornness is a key takeaway. He held on to his position for too long, even when there were buyers and bankers willing to negotiate a deal to save the airline on condition that he steps down. For Goyal, his position was more important than the airline he created. Goyal also has did not see the changing tide of low-cost airlines. He continued to micro-manage the company, losing sight of the big picture.
 
Management
Goyal's management team and its Board of directors should have advised him of the changing fortunes. When it was obvious that the industry structure had changed with the fast growth of low-cost airlines, the Jet Airways team continued with its high-cost structure. For the management of other companies, the Jet Airways management represent the traditional workforce who would follow the owner unquestionably. This is not healthy for any company. Divergent views need to be encouraged and a logical solution chosen for the growth of the company rather than massaging the promoter's ego.
 
Employees
The highly paid employees of Jet Airways, especially the pilots, were worse than industry union leaders. At the drop of a hat, they were willing to go on a strike despite knowing the poor health of the company and the industry. They took political help to push their case and exert pressure on the management. But at the same time, thought should be spared to those thousands of workers who kept on coming every day for work without getting paid for months. There is a lesson here for the human resources departments across all companies.
 
Lenders
Lenders lived up to their reputation of offering an umbrella when the sun is out. Kicking out Goyal from the cockpit was the worst step the lenders could have taken. Goyal had his skin on the table and was running from pillar to post to keep his airline afloat. From the day Goyal was asked to resign from Jet Airways the company's operation collapsed like an aircraft without its engine.
The banks were only concerned about their own money and had no interest in running the company. They did not extend much-needed working capital which would have bought them time to find a suitor to buy the company. Their insistence of not taking a hit on their loan has now resulted in them losing most of their money. A case of penny wise and pound foolish is how this consortium led by SBI can be described.
There is no lesson here for the bankers since they never learn. They have not learnt from thousands of default cases and it is unlikely that they will now. SBI and other banks made the same mistake in the case of Kingfisher Airlines and are now crying foul over Jet Airways.
 
Strategic Partners
Jet Airways' strategic partner Etihad Airways also has contributed to the fall of Jet Airways. It placed its own interest in filling its Gulf and European routes which were in its parent company over that of running the airline efficiently in India and other parts of the world. The one-sided relationship led to a number of senior staff in Jet Airways leaving the company at a time when they were most needed to steer the company. Goyal in his desperation for funds agreed to terms with Etihad which in the long run led to its failure.
The lesson here for all companies seeking strategic partners is to think long-term rather than short term survival.
 
Government
Just like the bankers the government and its bureaucracy too will not take away anything from the Jet Airways fiasco. Creating a mess in Air India and Kingfisher the government did little to help Jet Airways. Though helping the company directly would have set a bad precedent, the government could have taken steps to help the airline industry. When almost all airlines are making losses there is surely something structurally wrong in the industry.
Airline operators have been pointing out the skewed cost structure on account of government taxes but all pleas fell on deaf ears. Unless something is done for the sector we may soon see more airlines crashing.
 
Shareholders
Finally, there is a big lesson for the shareholders. The market rewards performance and not hopes. Jet Airways was grounded in April 2019 yet there were buyers for the company at Rs 160. It took one month for these buyers to realise that there is little hope for the company. Even on Thursday there were no lessons learnt, a company going to NCLT does not mean that it is saved. It is sent there when all other doors are closed, just like they are for the shareholders of Jet Airways unless there is an investor with big pockets willing to take a huge risk.

Capex cycle Recovery: Cautious but Hopeful

Highlights

The main overhang of general elections holding back capex is behind us

Capex cycle, particularly government-led spending, to start from Q2 FY20

Private capex to pick up towards the end of the current fiscal

Sectors such as road, construction, railways, defence, power T&D and water to see contract award resuming soon

India's capex cycle has faltered, and a recovery remains elusive so far.
A series of events such as the Goods and Services Tax launch, demonetisation after-effect, the introduction of RERA in the real estate sector, and the banking and NBFC crisis disrupted the game.
Of course, a slowdown in government functioning ahead of the general elections and political uncertainty played their part. Other cues such as volatile oil prices, currency depreciation and the bitter trade war added fuel to the fire.
A few of these factors are behind us. We also analysed post-results commentary by managements of engineering and capital goods companies in light of the March quarter results. We sought to find answers to whether a capex recovery is on the cards and if yes, which sectors are better placed.
What can drive a capex cycle recovery?
The major uncertainty surrounding the elections is over. A government with a convincing majority is seen to improve the investment climate.
Projects that had been on hold because of the elections should come up for bidding once the Cabinet takes shape. Companies are hopeful that the projects nearing the 2020 completion deadline or flagship ones such as the Renewal Energy Mission, Bharatmala, Namami Gange, Housing for All, Green Corridor (power T&D project) would be expedited and accorded priority.
While the investment climate is expected to improve, companies have highlighted that the funding environment is improving as the banking and NBFC crisis is easing. Moreover, equity markets are expected to remain supportive. This should help kickstart project execution, especially those which have been delayed by the liquidity squeeze.
A lower interest rate regime and RBI's soft policy stance should augur well for growth in capital investments, especially by the private sector.
Timing of revival
At its analyst meet, L&T sounded a bit cautious about order inflows in Q1 FY20 in view of the Model Code of Conduct. However, the conglomerate has maintained its order intake guidance of 10-12 percent growth for this financial year and is confident of surpassing that guidance on the back of a pick-up in infrastructure activities, post-elections.
Similarly, Thermax offered a positive outlook. "For the past 4-5 months, there has been a significant slowdown in the large industrial capex in the country. However, we expect the order momentum to pick up in the second half of FY20," said M S Unnikrishnan, MD, Thermax.
Like Thermax and L&T, most companies are expecting the capex cycle -- particularly government-led -- to resume from the second or third quarter of the current financial year.
When will private capex resume?
Government-led capex is only one part, but a broad revival in private sector capex is expected only towards the end of 2019-20.
In fact, L&T's management cautioned that the private sector is being selective and a revival may not start in FY20, considering NCLT cases, a spate of defaults and the liquidity tightness. Companies like Thermax have also highlighted issues such as excess capacity in many industries.
ABB India sounded a bit cautious about any uptick in growth, at least in the current quarter. “Markets have been soft for a long time now, particularly on the industrial side. There have been fairly fewer investments. We believe that the June quarter too will be difficult in light of the recent performance of automobile, FMCG and a few other segments. Beyond that, it is difficult to read and assess the implications of a big political event in the country at this point in time,” said Sanjeev Sharma, MD, ABB India, during its March quarter analyst conference call. The commentary was before the election results were out.
The assessment at engineering companies is that a major or broad-based private capex recovery may not happen soon. Investors will have to wait till FY20-end or early next fiscal to see any concrete signs of a revival.
Also, Corporate India may wait for more clarity from the upcoming Budget on the new government's policies, allocations and priorities. They may wait for announcements from key ministries to set their priorities.
Which sectors will lead the recovery?
Companies are unanimous about the pick-up in government-led infrastructure and construction sector spending.
"With the momentum set on infrastructure building, coupled with incremental tax revenues, the emphasis on investment in airports, rail, roads, water supply and distribution, expressway programmes, power availability and connectivity, oil and gas production and mass rapid transit system is expected to continue," said L&T in its outlook for 2019-20.
Roads are a priority and orders from this sector are expected to resume soon. Others such as construction of ports, capex in railways and defence could be next. Companies in the defence sector such as Cochin Shipyard, Bharat Electronics, Bharat Dynamics, Hindustan Aeronautics, GRSE and many others are sitting on an order book of 5-10 times their annual sales.
They are expecting execution to improve and deliveries to take place in the first and second quarters of FY20. However, L&T is sees some delay in defence projects getting government approval, following which the award of contracts should begin.
India Inc thinks that the Railways would step up on order execution, helping revenue growth. Firms such as IRCON, RVNL, RITES are sitting on outstanding orders of about 5-6 times their sales. KEC International's railway division reported a strong 76 percent YoY growth in revenues in Q4.
KEC said the work for about 10,500 km of railway electrification will be awarded in FY20 and is expecting to get orders of worth Rs 3,500 crore in FY20, up 21 percent, from this segment.
"I think going ahead, the sectors such as construction should pick up. Along with that, we are expecting railways, marine, oil & gas to pick up. Overall, in the current fiscal, the domestic industrial business should grow at the higher end of 10-12 percent," said Cummins during its investor call.
Cement is another area where companies are witnessing sustained demand. Thermax in its call said: "All cement companies are now setting up captive power plants and FY20 cement ordering should continue." While the order flow in the domestic oil and gas sector was mostly subdued -- except the one that was won by Engineers India -- it expects two major refinery orders to come by in the second half of 2019-20.
In the transmission & distribution (T&D) sector, KEC International's management has upped its sales growth guidance to about 15-20 percent for FY20 and expects predicts better T&D ordering post-elections.
According to KEC International, the projects pertaining to the Green Corridor worth Rs 14,000-15,000 crore will be finalised by July-end as the timeline for the completion is within 15-18 months from now.
GE T&D has taken a similar line on the opportunities arising out of the Green Energy Corridor project. It expects evacuation of close to 67,000 mw of renewable energy. On an immediate basis, it sees tendering of about 29,000 mw and orders worth of Rs 6,000 crore, possibly starting in Q1 of 2019-20.

Lesser known benefits of Credit Card

# Five lesser known features and benefits of credit cards

Credit cards are one of the widely-used cashless payment methods because of the convenience they offer.
Credit cards also offer a ton of features and perks to the cardholders. While everyone does know a few common features of credit cards, there are several features that are lesser-known to most of the users.
Here are some lesser-known features of credit cards to know about.

#1

Customers can avail loans against their credit card

One of the lesser-known features of credit cards is the loan against credit cardfeature. Cardholders can avail loans on their credit cards against the available credit limit.
These instant loans are paperless loans and are one of the quickest and easiest options to borrow money as they are approved within minutes. However, all card issuers may not offer this facility.

#2

Credit cardholders can check their credit score for free

Another lesser-known credit card feature is cardholders can check their credit score for free.
Credit score companies, including major ones like CIBIL, Experian, Equifax, and Highmark, generally charge fees to provide credit profile or credit score.
However, these companies are usually tied-up with leading banks/card issuers and provide detailed analysis of an individual's credit profile to them; so, cardholders can access their credit score.

#3: Customers can also use the balance transfer feature
Some credit cards also come with a feature for transferring the balance from one (or more) credit cards to a single card. While all credit cards don't have this feature, card issuers offering this feature allow their customers to transfer balances from other credit cards.

#4

Many credit cards offer extended warranty, price protection

Credit card holders can also benefit from features like extended warranty and priceprotection policies offered by several card issuers.
Through the extended warranty feature, one can get extra warranty for free on certain products purchased using their credit cards.
Meanwhile, the price protection policy helps customers get a refund if the price of something they have purchased has fallen.

#5: Convert higher credit card purchases into EMIs
Many credit card issuers nowadays are offering an option to convert purchases of a certain value into EMIs. Customers, who cannot repay high-value purchases fully in one billing cycle, can use this facility to convert those into EMIs at a comparatively lower interest rate.

Paid last EMI of Car loan? What should you do.

A number of borrowers believe their job is done after paying the last equated monthly installment (EMI) on their car loan. But, it still an unfinished task for the borrower.
After completing the repayment of your car loan, there are some important things that you need to do as we explain below:
1. Take full and  final payment receipt
If you made the last EMI on your car loan or did a prepayment to close the car loan, then get the final payment receipt from your bank. This receipt will have the details of total amount paid, the date of last payment and the closure of the car loan.
2. Take a NOC
Within 2-3 weeks' time of repaying the car loan, you must receive all your documents from the bank. The set of documents include a No Due Certificate (NDC) or No Objection Certificate (NOC) from the bank along with other documents submitted at the time of the car loan application like cancelled cheques etc. In case, you don't receive from the bank then better to enquire after its status.
3. Get your repayment statement
Do collect the full repayment statement of your car loan from the bank. This will be useful while updating the credit history in case of any discrepancies in your credit score and the report. Also, this statement will help to resolve future conflicts if any while selling the car, claiming insurance, etc.
4. Remove hypothecation
Hypothecation essentially means that your car for which you have taken a loan for is kept as collateral with the bank till you pay off your loan. The car is in the physical possession of the customer but the bank is the actual owner of the car till the customer pays off the entire loan amount.
Kusal Roy, Managing Director at Tata Capital Financial Services says, “It is important to remove the hypothecation because it helps at the time of claiming insurance and till the hypothecation is removed you cannot sell or dispose the vehicle.”
To remove hypothecation, NOC from the bank is required. Submit the NOC to the regional transport office (RTO). Roy cautions, “The NOC from the bank is valid for three months from the date of its issue. So, do not delay in submitting the application for hypothecation removal from the car registration certificate at your respective RTO office before NOC expiration.” Only after the NOC is submitted to the RTO, for removal of the hypothecation, will you be able to transfer the car in your name.
Also, request for form 35, which will state the removal of hypothecation between you and the bank.
5. Update your car insurance policy
Hypothecation information is even recorded by car insurance company on your car insurance policy. So, you need to remove it from your car insurance policy after complete repayment of car loan. For the removal of hypothecation from the insurance policy, submit the NOC and revised car registration certificate to the car insurance company.

Why Health Insurance is Important?

🤔 Why health insurance is very important for everyone even if they are financially strong ?
Answer 😯
💡People are saving money for their *Future Goals*,
💡Savings do not happen in a day or in a month, *It takes YEARS*,
💡Life is very *UNCERTAIN* and *DISEASES* are a part of that uncertainty.
💡When *DISEASE* comes it spoils all *FUTURE PLANNING* because it *COSTS HIGH* especially *Critical Illnesses*,
💡 *Cancer*: 5 Lac and more
💡 *Heart Ailments* : 3 Lac to 8 Lac or more,
💡 *Kidney Issues*: 5 Lac to 15 Lac or more,
💡 *Liver Failure*: 5 Lac to 15 Lac or more,
These diseases are *DANGEROUSLY* increasing in India.
💡People are not that much *FINANCIALLY STRONG* to spend 5 Lacs to 15 Lacs easily at a go...
💡Mostly during illness people might have to sell their *PROPERTY, GOLD and OTHER VALUABLES* or dig deep into their savings.
💡People also end up *BORROWING* money from others...

*HEALTH INSURANCE  helps to SAVE* hard earned money with *REASONABLE PREMIUM*,

BUY **HEALTH Insurance and
STAY_ *CONFIDENT*
and *PROTECT YOUR WEALTH*

Doctor Saves Life and  Heath Insurance Saves your Lifestyle.

Best Regards:
Financial Advisor
Mohit jagga
9466787277.

Top Financial Mistakes

What are some of the mistakes of Indians that are destroying their financial lives?

*Buying insurance policies for investment purpose*:

Have you invested your money in insurance plan to get a return in future? Big mistake! Out of 100 people I have spoken, 95 have made this mistake.. Very few people understand the difference between term plan, endowment plan, etc.

*Not able to crack the credit card mystery:*
Are you paying the minimum amout due on your credit card payment? If yes, you are trapped in credit card mystery. On the other side, very few people really enjoy the benefits like free lounge access, buy one get one movie ticket, etc.

*No idea about the power of compounding:*
Everyone has come across the formula of compounding but very few people really understand its power. This is the reason people do not start saving early and hence lose out on the power of compounding. Albert Einstein said that power of compounding is the eighth wonder of the world.

*Buying stocks based on tips without any knowledge:*
You will find every Tom, Dick and Harry giving stock tips over Facebook, Whatsapp and TV. Unfortunately, a lot of people fall in a trap of these people and invest money without any knowledge. What is the end result? They lose everything!

*Becoming a victim of lifestyle inflation*:
Moving from 2bhk to 3bhk just because you have got a good hike, upgrading your car because you have got some bonus are some of the examples of lifestyle inflation destroying financial lives.

*Buying things just because they are on discount*:
From Amazon’s “Great Indian Sale” to Flipkart’s “The Big Billion Days”, everyone is encashing on the weakness of Indians buying things just because it is on discount. Funny thing is now you will find such sales every other month.

*Getting tempted to go for an exotic vacation*
just because someone put a post on Facebook and Instagram: Instagram and Facebook are introduced as Social Media Platform but they are actually destroying the entire social fabric. Friends are jealous of each other. Most of them are just social media friends. Facebook and Instagram are more of a marketing platform where people post stuff just to get some likes and companies promote their product and services.

*Spending a bomb on weekend parties:*
5 days work and 2 days party: This is the new culture in India. Pubs are jam-packed on weekends where people would spend a bomb on drinks. By the end of the month, they are left with no money.

*No track of cash flow:*
Very few people keep a track of their expenses. Most of them just don’t know where the money is gone.

*No emergency budget:*
Not having any extra money in the case of an emergency results in embarrassing situations of borrowing money from friends and relative. Some people even break their investments and make a big mistake.

*No medical insurance*:
I have seen people losing out the lifetime savings just because they did not take medical insurance. One accident can shatter all financial dreams. Better be insured. Healthcare cost is rising and it is impossible to manage it without insurance.

*No financial plan:*
People do not know why they need to save money because they don’t know their financial goals.

*No diversification*
: Some people would invest all their money in real estate, some would invest all the money in gold, some would just keep it in the locker, some would invest all the money in the stock market. Very few people understand the right way of diversifying the investments.

*Spending all the hard earned money on children marriage:*
Thanks to our hypocritic society! People save their entire life just to spend all the money on random relatives who only bother about the food and arrangements. What is the topic of discussion at weddings? “Sharma ji ne to unki beti ko car gift kari. (Mr Sharma has gifted a car to his daughter)”. “Mehta ji ne unki beti ko 50 tola sona diya” (Mr Mehta has gifted 500-gram gold to his daughter.)

*Buying excessive gold only to keep it in the locker:*
Gold worth lakhs is kept in lockers only to be used once or twice a year. This is resulting in the money getting blocked and hence not getting any returns on it.

*An extremely conservative approach with investment:*
Traditionally, people have been risk-averse. They would just have an FD and live on 6–7% annual interest. Some would just keep the cash at home.

*Lack of clarity between asset and liability:*
Having a car is not an asset because it consumes fuel and has a maintenance cost. Its price will only depreciate in the future. Car is a necessity but people spend a lot of money and even take the loan to buy a luxury car over and above their budget.

*Considering frugal as cheap:*
A lot of people confuse economic spending with being cheap. An economic spender does not compromise with quality but does his research well enough to buy the product or service at the lowest rate.

*Procrastinating investment decisions:*
“I will invest from tomorrow”. But the problem is that tomorrow never comes.

*Spending a lot of money on fancy stuff:*
A fancy car, a fancy house, a fancy watch, a fancy vacation. People want fancy stuff and willing to pay a premium irrespective of the value it generates.

*Lack of patience:*
“I can’t wait for my wealth to grow. I want to double my investments in 6 months. I need to invest in the stock market.” A lot of people lose their lifetime of savings because they don’t have the patience to understand the investment option and would blindly trust anyone with their investment.

*Depending upon others for investment decisions:*
“I don’t know anything about investment. Please manage my money.” Unfortunately, a lot of people are dependent upon others with their hard earned money. This is the reason we have a lot of self-proclaimed experts giving stock market tips.

*Not discussing the money matters in the family:*
Discussions related to money are considered as a taboo in Indian families. Nobody really discusses money matters.

*Getting too greedy with investment:* People blindly invest their money in penny stocks, day trading, futures and options. They eventually lose all their hard earned money. What is the root cause? GREED.

*Buying stocks at the peak and selling on fall:*
Most of the retail investors get over excited with a rising market and invest when the market is at its peak. Eventually, the market corrects and they sell the stocks at a loss.

*Wasting time on unproductive things:*
Rather than learning new stuff and growing the skillset, people end up wasting time on social media and YouTube.

*Lack of disciplined investment:* Instead of spending what is left after investing, people invest what is left after spending. This results in indisciplined investment.

*Root Cause:*
Lack of knowledge about personal financial management!!