INSUBCONTINENT EXCLUSIVE:
Most brokerages and research houses have recommended high exposure to equities to young risk-taking investors in the new Samvat year ahead,
as they see most alpha generation in that asset class
Some allocations to bank fixed deposits/debt and gold are also being advised.
Asset allocation is important, as it can insure a portfolio
against volatility in any single asset class
midcap and smallcap stocks
Ajit Mishra, Vice-President, Research, Religare Broking.
It is generally considered that equities outperform other asset classes in the long
As per a recent study, in a 15-year tenure, equities delivered 9-12 per cent inflation-adjusted returns on investment, compared with 1-2 per
cent for debt funds and 5 per cent on gold
Real estate delivered a -2.49 per cent inflation-adjusted return on investment in top seven Indian cities.
50 stock picks from top
brokerages for Samvat 2076Samvat 207523 Oct, 2019
Samvat 2075 comes to an end, and a new Samvat kicks off on Diwali this Sunday, October 27
In the Samvat year gone by, Nifty generated 10.8% return and Sensex 9.8%, but that growth was limited to a handful of stocks
Samvat 2075 was tough for investors, as stock performance remained concentrated in specific pockets.
Interesting Samvat Year Ahead23 Oct,
Like every year, top brokerages have named their top stock ideas for Muhurat trading this Diwali
ICICI Bank | Current Price Rs 455 | Target Price Rs 505 23 Oct, 2019Several brokerages have had ICICI Bank among their top picks for Samvat
Axis Securities has a price target of Rs 492, as it expects the bank to remain adequately capitalised for growth despite various challenges
IIFL Securities expects it to reach Rs 505 in next 12 months, driven by growth in its retail portfolio
Motilal Oswal and Sharekhan have also recommended the stock to investors.
L?-T | Current Price Rs 1,430 | Target Price Rs 1,87523 Oct,
2019IIFL Securities has a price target at Rs 1,875 on the stock, as it finds the company well placed to leverage the uptick in the
Karvy Stock Broking, Kotak Securities and Motilal Oswal are also bullish on the stock, and have included it among their stock picks for next
one year.
SBI Life | Current Price Rs 984 | Target Price Rs 96523 Oct, 2019HDFC Securities has a buy recommendation on this stock and
Given the untapped distribution reach, tailwinds from financialisation of savings, improving protection share, lowest operating cost ratios
and improving margins, the stock looks favourably poised
equities outperform other does not mean investing in other classes is not important
invested, next one year will be the time tweak the portfolio a bit
Some analysts are relatively conservative in their exposure to equities
Dharmesh Kant, Head of Retail Research at IndiaNivesh, thinks equities should form half of the investment, while 40 per cent of the
portfolio should in fixed income and 10 per cent in gold
Sandeep Raina, Senior Vice-President at Edelweiss Professional investor Research, had the most diversified asset allocation formula among
all analysts ETMarkets.com spoke to.
He believes 20-25 per cent exposure should be in equities, and similar proportion in high yield
instruments, while 10-15 per cent should be in gold and the rest in a combination of fixed income assets and real estate
He said investors should keep tweaking asset allocation plans as per the market cycle.
4 ways to manage your Diwali bonusManaging windfall25
Oct, 2019Just received a Diwali bonanza? Good news
Rahul Jain, Head, Personal Wealth Advisory, Edelweiss guides you on how to make the best use of your additional cash flow.
Smart ways to
use your Diwali bonus Topping up your SIPs25 Oct, 2019One of the best way to safeguard yourself from stock market volatility is by shifting
the focus towards mutual funds (MFs)
Not only will investment in MFs protect you against volatility, but a periodic increase in the amount of the investments serves you well in
Unless you have outstanding payments or debts that you need to clear, putting your Diwali bonus into lucrative investment avenues is always
the best decision and indicative of smart financial planning
Settle impending dues25 Oct, 2019The festive season will serve as a good time to clear any impending debts you have in your kitty
Start by clearing off your credit card bills, personal loans and prepay any part of home loan
Prepaying a big-ticket loan can help you cut down on the tenure of the loan
Tax saving25 Oct, 2019It will be only a month or so when most employees will have to provide proof of tax savings to their employer
And last-minute decisions for investments lead to a dip in savings that you have earmarked for other goals
If you are not able to do so then, tax cut from your salary in these months could disturb your monthly household expenses
A Diwali bonus can also be used for making tax saving investment, to ensure you receive a better post tax income in coming months and keep
your finances in manageable limits
Fill your investment loopholes25 Oct, 2019We generally tend to put our long-term investment goals on the back burner until there is a
considerable rise in salary or existing liabilities have been met
These can include long-term goals such as retirement, kids' education, investing in an asset among others
When we receive a Diwali bonus, it is always recommended to create discipline and put some part of it to your long-term goals.
These
lumpsum contributions can help to accelerate the achievement of the goals or meet any shortfalls
Remember, even though the initial savings amount may be small, over the longer term it can go a long way to bridge the loop-holes between
the required amount and accumulated amount