At Money9, we aim to provide you with stories which will help you in achieving your financial goals.
It is the start of the week and almost a year ago, we were almost unaware that our lives are going to face major disruptions.
Taking cue from that, we have a one-year of lockdown special story on midcap stocks which have displayed resilience to bounce back from their COVID-19 lows.
We also decode SEBI’s move at tightening norms for investment advisors.
There is also a story on changes in consumption habits due to the impact of Covid-19.
So, start the week with a wide array of stories which have a link to your wallet.
Here are the stories:
1. One year of lockdown: These midcap stocks rallied up to 743% from Covid lows
Midcap stocks have recovered sharply from their March 2020 lows on the back of robust liquidity, attractive valuations and strong earnings growth in the December quarter.
2. Decoding SEBI move to make Post Graduate programme compulsory for investment advisors
The move has far-reaching repercussions because a significant part of investment advisors and portfolio managers happen to be people without the requisite qualifications, said market sources
3. WhatsApp Banking: How to avoid falling prey to fraudsters
Considering its popularity, some private banks like HDFC Bank, ICIC Bank and Kotak Mahindra Bank have started WhatsApp banking.
4. ELSS or PPF – What’s the best tax saving wealth generator?
While returns on ELSS have been at par with equity mutual funds, the fact that there is only LTCG applicable means the proceeds from dividends are not added to an assessee’s income.
5. Covid-19 impact | Saving income is now top priority for most Indians, says Mastercard Survey
The age-old adage of ‘saving for a rainy day’ could be one of the reasons behind it.
