SHAREKHAN CONDUCTS INVESTORS AWARENESS PROGRAM WITH ICICI PRU MF
Sharekhan In association with ICICI PRU Mutual Fund conducted a special Session on “INVESTOR AWARENESS PROGRAMME “on mutual funds as asset class to make learn Learn first-hand from experts on our long term outlook on mutual funds to invest in. Overwhelmed HNI’s, Professional traders, Sharekhan and potential clients in few hundred joined the event and are prepared to improve your outlook on mutual funds which was organized at Ball room which was jam packed at Hotel Ramada, jewel, Jammu. Bharat Behl Cluster head ICICI PRU Mutual fund from Delhi elaborated on Mutual Fund Investments and SIPs. There was healthy QnA session with participants as well which lasted for more than a hour and they felt quite satisfied with most of the their queries resolved.
Ajay kapoor, Director for Sharekhan Jammu outlets Expressed Vote Of Thanks to worthy Speaker and esteemed customers and especially staff and interns of Sharekhan .Ajay kapoor also announced setting up digital E library for all investors on way forward to his financial literacy mission for the state and informed about tie up with nse /bse / sebi to spread financial knowledge at school and colleges to raise level of financial literacy, bring investment culture in state and thus creating job opportunities in the state also. Sharekhan will be doing similar events about market outlook, share khan products and MF on regular intervals, he added.
Founded in 2000 and a subsidiary of BNP Paribas since November 2016, Sharekhan was one of the first brokers to offer online trading in India. With 1.6 million clients, 153 branches and more than 2500 business partners, Sharekhan is one of the largest brokers in India. Sharekhan offers a wide range of savings & investment solutions including equities, futures and options, portfolio management, research and mutual funds, investor education. On an average, Sharekhan executes more than 400,000 trades daily.
The road ahead
In the coming month, corporate earnings are set to revive to a healthy double-digit growth rate after a long phase of disappointment as the adverse impact of bold reforms fade off and demand picks up in the economy. The Q1 result season was encouraging with sharp pickup in sales volume for consumer companies, improving business conditions in the IT sector, and pick up in non food credit growth in the banking sector. Some key areas to look out for in the coming months are:
- Government policies are focused on easing rural stress and continued investment in infrastructure ( 7 lakh crore in the next five years) are likely to support the domestic economy. With both rural and urban consumer demand picking up, the economy is expected to gradually grow over the coming quarters.
- A rise in global manufacturing Purchasing Managers’ Index (PMI) indicates a broader revival in global markets that can bode well for Indian equity markets.
- Strong inflows into mutual funds (MFs) also continue to support markets. Real interest rate positive for two years now; encouraging flow of funds into financial assets including equities (away from gold and real estate). EPFO/HRDA to increase allocation towards equities.
- Global economic growth of 3.5% in 2017 is among highest in the last few years. It is estimated to further pick up in 2018. A rising global tide would also boost Indian economy in terms of better exports growth and flow of investments
- Apart from the above factors, eight states’ election poll in this year and the outcome of each election will be closely watched by the markets for a hint of what could be in store for the all-important general elections in 2019.
- We also expect some of the laggards such as IT services, private banks with high corporate loans and energy stocks to do well this year.
We have identified a few structural growth themes that could aid investors:
Financialisation – Household savings moving to financial assets rather than physical assets.
- Formalisation – Shift of market share from unorganised to organised players in fragmented segments due to policy to curb cash spending and the parallel economy.
- Government expenditure – Spending on roads/rail/defence and affordable housing projects.
- Consumption themes – This is an evergreen theme that has given multi-baggers regularly.
Finally, volatile times are here to stay. Correction in the market offers an opportunity to enter at more reasonable price point in mutual funds