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Lakhs of Indians Are Using P2P Lending To Finance Local Businesses & People's Dreams in India. Are You Among Them?
Lakhs of Indians Are Using P2P Lending To Finance Local Businesses & People's Dreams in India. Are You Among Them?
www.etwealth.co | Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi, Pune | January 25-31, 2021 | 24 pages | `8
I
would have thought that it goes
without saying that round numbers
of the Sensex or any other index are
meaningless but apparently they
DHIRENDR A KUMAR
CEO, VALUE RESE ARCH aren’t. It looks as if the Sensex hitting
50,000 means a lot to investors. Or perhaps
it doesn’t—it’s only the people who write in
money the media—social and otherwise—who are
BEST CARS 2021 Here’s a listing of cars set to be launched this year.
Pick the one that suits your style and budget. P2
This is
Don’t let How your
how
fear make finances
you can
you too should
impress
cautious look like in
your boss
with money your 40s
remotely
P9 P13
P14
cover story
02 The Economic Times Wealth January 25-31, 2021
ET WEALTH-CARDEKHO.COM RANKING
BEST CARS
2021 Go through the listing of cars to be launched this year
and pick the one that suits your style and budget.
GETTY IMAGES
By Riju Mehta, with positive note. Passenger vehicle sales rose car companies have lined up launches for vehicles expected to be launched this year.
Kartikeya Singhee 13.59% in December due to the pent-up de- 2021. Many of these were scheducled to For your ease, we have categorised five of
mand, according to SIAM. come out last year but were delayed due to the top choices in three price bands: below
T
he year 2020 began on a dismal While Maruti Suzuki India registered a the pandemic. So, if you did not buy a car in `7 lakh, between `7 lakh and `15 lakh, and
note for many industries, with growth of 14.6% year-on-year in December, the festive season last year, and are plan- between `15 lakh and `40 lakh.
sales figures plummeting as Hyundai posted its highest ever sales for ning to pick one this year, you will have We shall tell you what to expect in each
the pandemic surged through the month at 25%, Tata Motors saw an 84% plenty of choice. Among those expected vehicle, whether it’s the design, engine
the year. The car manufactur- surge, and Mahindra & Mahindra saw to bring out new or overhauled cars are power or specifications. In addition, we
ers also registered a sharp drop in sales a rise of 3% in passenger vehicle sales. Maruti (Alto, Celerio), Renault (Kiger), shall provide the approximate resale value
in the middle of the year. According to Buoyed by the numbers and anticipating Tata (HBX, Safari), Mahindra (Scorpio, after three years, the monthly running
data by the Society of Indian Automobile recovery in 2021, even luxury car compa- XUV500), Skoda (Kushaq, Kodiaq), cost that you are likely to bear, and the
Manufacturers (SIAM), passenger vehi- nies are optimistic, with the BMW group Volkswagen (Vento, Taigun) Citroen (C5 loan EMI if you are planning to finance the
cles witnessed a 49.6%decline in domestic predicting 25-30%growth in 2021, even as Aircross), and Jeep (Compass). vehicle from a bank. However, since the
sales in June 2020 compared with the Mercedez Benz expects to double its sales To help you in identifying the car of your vehicles have not been launched yet, the
same period last year. However, surpris- in three years. choice, ET Wealth, in collaboration with figures are based on expected prices. So,
ingly, most companies ended the year on a Taking the cue from sales figures, most Cardekho.com, brings to you some of the while you may need to recalculate when
cover story
The Economic Times Wealth January 25-31, 2021 03
the car launches, for now you will an idea ing asset, which means the vehicle’s value you need it. If, on the other hand, you need nual servicing and maintenance costs,
about the likely costs you will incur. will not appreciate with time. Besides, you to travel large distances for work every parking and cleaning costs, and miscel-
Though you may not be able to snag big will be paying interest on the loan which is day, it might be more economical to buy laneous other charges. Another big factor
discounts in the near future, there may be not tax-deductible for salaried taxpayers. one, especially if you plan to retain it for you need to consider is whether you will
some offers around the festive season at the So, plan your purchase in advance and save more than 5-6 years. You will also need to drive the vehicle yourself or be driven by
end of the year when some cars like Skoda for it in order to circumvent a loan. This keep in mind the current increased price a chauffeur, since the latter can signifi-
Rapid and Volkswagen Vento are sched- may be crucial for those in sectors that may of petrol, which is around `85 per litre in cantly escalate the cost of the car. Compare
uled to be out. If, however, you have the have been badly hit by the pandemic and Delhi, with diesel at around `75 per litre. this with the cost of a cab, especially if
car’s resale value in mind, it is a good idea are likely to suffer a salary cut or a job loss. To calculate the actual cost of owning a you travel during peak hours and live in a
to buy at the beginning of the new year so It may be better for such people to avoid car, you will not only need to include the metro or tier 1 city.
that you get a registration for 2022 instead loans or debt of any kind at this juncture. running cost based on the car’s mileage If, after all financial considerations, you
of 2021. This will stretch the value of the Another important thing to calculate and fuel prices, but also the loan EMI along have decided to go ahead and buya car, go
car if you were to sell it in a few years. before you buy a car is the actual cost of with the interest component. Other factors through the following pages to make the
Also, remember that it is better to buy a owning it. If you use the car infrequently, to be considered are the annual insurance right choice depending on your budget,
car without financing as it is a depreciat- it might make more sense to hire one when premium, registration cost and taxes, an- need and taste.
.:
TT-
Expected launch: 2021 Likely to be based on Maruti’s
new Heartect platform, it
sports a completely new rI
RUNNING COST design and looks bigger and
(30 km/day per month) boxier than its predecessor.
It’s likely to get a completely
`3,331 reworked cabin with more
features. It’s expected to come
DC13 FIXED DEPOSIT
LOAN EMI with the same 1.0-litre petrol
(loan for 5 years, engine (68 PS/ 90 Nm) with
80% financed at the choice of a 5-speed MT
9.25% interest) (manual transmission) and
5-speed AMT. It could also get
`8,288 the option of 1.2-litre petrol
engine (83 PS/ 113 Nm) with
EXPECTED RESALE
the same transmission op- annualised yield
Fix ed Deposit
(after 3 years) tions. It will continue to take
on the likes of Maruti Wagon
Around `3.5 lakh R and Tata Tiago.
SPECIFICATIONS
EXPECTED RESALE
Fuel type: PETROL
(after 3 years)
Engine capacity: 1.0-litre turbocharged TSI petrol
`6-8 lakh
Mileage: Up to 18 kmpl
Note: Picture of an older model has been used as the new model’s pictures are not available.
PRICE:
Jeep Compass facelift
`16-27 lakh (EXPECTED) JEEP RECENTLY debuted the facelifted Compass in
Expected launch: Feb 2021 India and is already taking pre-orders. Its test drives
are set to begin from the last week of January. It looks
similar to the pre-facelift model, but gets mild exterior
RUNNING COST updates which make it look sharper, while the cabin
(30 km/day per month) gets a major overhaul. The main attraction is a large
10.1-inch touchscreen infotainment system with wire-
`5,112 less Apple CarPlay and Android Auto. Other features in-
clude a 10.25-inch digital instrument cluster, dual-zone
AC, 360-degree camera, ventilated front seats, powered
LOAN EMI tailgate, multiple airbags and a panoramic sunroof. The
(loan for 5 years, engines include the 1.4-litre turbocharged petrol and
80% financed at 2.0-litre diesel options. Both get a 6-speed MT as stand-
10% interest) ard with an option of 7-speed DCT with petrol engine,
and a 9-speed automatic with the diesel engine.
`26,522
SPECIFICATIONS
Fuel type: PETROL, DIESEL
EXPECTED RESALE
(after 3 years) Engine capacity: 1.4-litre turbo petrol;
2.0-litre diesel engine
`12-20 lakh Mileage: Up to 15 kmpl
' AV
launched around mid-2021. It will
be powered by a 2.0-litre TSI turbo
petrol engine, with 190 PS and 320
A PC, Laptop
RUNNING COST Nm mated to a 7-speed DSG auto-
(30 km/day per month) matic. Like its diesel counterpart,
`5,112 the Kodiaq petrol will get an AWD
system as a standard. It is likely
to have similar features as before, Tablet, Mobile
such as adaptive LED headlamps,
LOAN EMI
I%N w
an 8-inch touchscreen infotainment
(loan for 5 years, system with Apple CarPlay and
80% financed at Android Auto, a 12.3-inch digital
9.25% interest) instrument cluster, 12-way power-
Ransomware
`58,017
SPECIFICATIONS Protection
Fuel type: PETROL
EXPECTED RESALE
(after 3 years)
Engine capacity: 2.0-litre
TSI turbo petrol 92.72.70.70.50
Around `25 lakh Mileage: Up to 15 kmpl 98.22.88.25.66
financial planning
The Economic Times Wealth January 25-31, 2021 09
GETTY IMAGES
caring and inclusive matter much more
than being wealthy alone. Make sure you
bring little joys into your life and in the
lives of people around you. Make the effort
to make little experiences matter to your-
self and others. Buy that box of ice cream
W
e scrambled to get `20,000 There comes a time when expenses drop and on your way home, even if it meant stand-
invested in time to claim incomes rise and you still are earning and ing in line for longer than you wished.
the tax benefit. This wasn’t saving and making up for that late start. Don’t let tiny discomforts come in the way
too long ago. In the 1990s. Third, we will apportion money for indul- of living life with joy.
When our salaries were mod- gence and for saving, treating both as equally Third, invest in equity—through stocks
est; and fears for the future ran high. End important. Once a monthly treat of an even- and funds. With the power of participation
January was still the deadline for employ- ing out seemed like luxury then. Now people in the best businesses that others are run-
ers to get our investment information. Tax routinely order in three work day dinners ning, your money grows significantly. You
refunds took ages to come. Some fears are so and go out with friends every weekend. Our focus on your work and your earnings and
overdone and that is a shame. frugality seems so overdone. We would be savings. Your money accumulates and
UMA SHASHIK ANT
IS CHAIRPER SON, CENTRE As young earners raising two children and kinder to ourselves. appreciates in the background powered
FOR INVES TMENT caring for the extended family on both sides, If we were to do the same again, we would by the work so many others are putting in
EDUC ATION AND LE ARNING the husband and I saw ourselves like horses be more optimistic and relaxed. What did we to excel, to win, to amaze and to add value.
that must run tirelessly. We were in our 30s. do right and feel proud about? Equity investing is your key to growing
We denied ourselves many simple joys; could First, we focussed on our work and your wealth. Do not let money lie idle.
not come around to making any decisions of grabbed every opportunity to learn and As we both contemplate the 60s in our
luxury for ourselves; kept long work hours grow. No one could have predicted the chang- lives we realise that money, time and
and pushed ourselves for getting better; and es that India went through when we joined energy aren’t available together in any
saved as if tomorrow held unknown setbacks. the workforce in the mid 1980s. We were for- stage of one’s life. When we were young
When we hit the 40s we began to breathe as tunate. We also grasped what came up with and had all the energy to trek the world,
invest in equity—
earnings got better. By the time we were in open arms and gave it our best shot. If one can we had jobs and family to devote time and
through stocks
the 50s we knew we had done enough and a reach the peak of one’s professional career energy to. In the middle age when money
and funds. With
little more with our profession, savings and by the time one is in the 50s there is enough was relatively easy to allocate and energy
the power of
investments. Now as we nudge the 60s, we are to spend, save, and give. There are really no still high, the demands of our profession
participation in the
asking ourselves, if we could redo it, what fears about income if work ethic is right. meant we had no time to allocate. Now
best businesses that would we do differently? Second, we lived a life without debt. we have the time and the money, but the
others are running, First, we will drop the fear. Everything Borrowing was a source of great discomfort bones are weaker than before. We still
your money grows works out just fine. There is no need to worry to both of us. We risk being called super con- hope to trek the mountains and walk the
significantly. You about the future. The future holds beautiful servative and unwilling to use leverage, but beaches, we hope.
focus on your work opportunities we don’t know or can dream of. we dislike debt. We repaid our home loan in As we lie here at the hills on a dark night
and your earnings The unknown means unknown nice things five years even if it did not make financial amazed at the million stars and unable to
and savings. too. Keep going and don’t let fear drive you to sense. Sometimes one must just do what one sleep under such beauty, we tell one anoth-
too much caution with money. Or too much is comfortable with. Even if it is not math- er that the best things in life are still free
conservativeness to spending. ematically the right thing to do. and available in abundance. No money
Second, we will not beat ourselves about Third, we made giving a habit. From the needed to enjoy them. None.
not being able to save early. In the first 10 first income we earned, we ensured that
years of work life, people like us who had what we had was shared and that it helped
Please send your feedback to
extended families to also care for, could not those less privileged than us. We also learned etwealth@timesgroup.com
save enough. That is just fine. No harm. a valuable lesson about giving along the way.
investing
08 The Economic Times Wealth January 25-31, 2021
Covid raises insurance awareness, Covid spurs savings, cuts in Sharp rise in term Self-employed have
but financial insecurity high discretionary expenses awareness, but traditional higher protection than
India *IPQ is the degree
to which Indians Life insurance Savings & investment Basic expenses Luxury expenses plans still the favourite salaried
Protection feel protected from
future uncertainties
ownership 50% 41% 9%
2021 2021 2021
Quotient on a scale of 0
to 100, based on
attitudes, mental
preparedness about
41% 44% 14%
2020 2020 2020
future uncertainties,
awareness and
31% 28%
ownership of life 71% 66% Term plan Term plan
insurance products, 2021 2020 ownership for ownership for
39 35 including term, Awareness Ownership self-employed salaried
2021 2020 endowment and Ulips.
PAPER WORK
:: Investing in equities
With the stock markets reaching
an all-time high, many investors
are increasingly interested in
taking at least a small allocation
finances
of company, the price at which
one should invest, investible
amount etc. One can then choose
amongst the following options.
in your 40s
For this, one needs
to research about the
company to invest in. A
demat account needs to be opened
along with a trading account with
a broker. A bank account and KYC
compliance is also mandatory.
GETTY IMAGES
Equity mutual fund
To be able to invest in MFs,
one needs to complete KYC
Make sure that your savings ratio is rising and the credit ratio is falling. requirements and fill up the
application form of the fund house
indicating the desired scheme. Once
Amitesh, a 42-year-old university
T
he 40s is a critical time the ability to rectify mistakes is the application is accepted, units are
for retirement savings. It restricted as there is limited time allotted to the investor. Portfolio value
professor, often looks at a picture of
is likely that around this to make amends. Goals such as re- of the investment can be ascertained
a family trip to the Andamans from time a person will reach tirement have many years before at the end of each business day by
a few years ago. To him, it exempli- his peak income and can they have to be met and can benefit multiplying the units with the NAV.
fies what he’s working towards in make a dent in his long-term goals if from high capital appreciation and
his retirement: more trips and long- he hasn’t already begun to do so. By compounding. Amitesh must evalu-
Content on this page is courtesy Centre for Investment Education and Learning (CIEL).
Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta. :: Points to note
z Capital gains tax on MFs is appli-
smart things to know Insurable interest cable at time of redemption and not
when the fund manager buys or sells
securities within the MF portfolio.
2
A person is said to
z Capital gains tax on shares invested
4
1
have an insurable
by the portfolio manager is applica-
interest in something
ble to the investor at the time of the
if he would suffer
transaction effected by the former.
loss or get adversely In life insurance,
z Customisation of the portfolio is
affected if that a person has an Insurable The essential thing Also, the
possible with a PMS at a higher cost
3 5
property was lost or insurable interest in interest in is that there must relationship
vis a vis an MF scheme which has a
damaged and would another person when the prop- be some prop- between the
standard portfolio in line with the
benefit financially the death of that erty or life erty, right, life or insured and the
investment objective of the scheme.
from that property’s person would cause a is the basis potential liability subject matter
safety or continued financial, emotional or of insurance capable of being must be recog-
existence. another type of loss. policies. insured. nised by law.
your queries
QA
12 The Economic Times Wealth January 25-31, 2021
&
I am an 81-year-old retired PSU I left my job with a private firm in October
officer. I have a two-storied house 2020 after working for eight years. I now
on a 2,400 sqft plot in Chennai. I want to withdraw the EPF amount. Will I get
want to settle my immovable interest for the period April 2020 to October
property in favour of my three 2020? I have made some capital gain by
children. I do not want to sell the selling my old flat, purchased in 1992 and
property as I want to live in it. How Our panel of experts will registered in 1997. How will the capital gain
should I divide the property? answer questions related to be calculated? How does one invest in 54 EC
bonds to avoid capital gain tax?
any aspect of personal
Consult a property lawyer and write
a will to declare transfer of the
finance. If you have a query, Interest will be credited up to the end of the
property title and rights in equal mail it to us right away. month preceding the date on which the final
proportion to your children after payment for the claim is authorised. Say, if you
your demise. The will ensures
peaceful transfer of property among
QUESTION OF THE WEEK present your claim in January 2021 and your
payment is authorised in February 2021, inter-
the legal heirs according to the est will be credited till January 2021. Capital
applicable laws of succession. Since it gains would be calculated as sale consideration
is a self occupied property, you I am 62. I have a total of `13 lakh invested or stamp duty value of the property as on the
remain the legal owner till your last in ICICI Balanced Advantage Fund, ICICI US date of sale, whichever is higher, less any ex-
breath. It is only after your passing Bluechip Fund, HDFC Top 100 and Aditya penses incurred for the purpose of transfer, the
that your children who are marked as Birla Sunlife Focussed Fund. I have FDs of indexed cost of acquisition and indexed cost of
successors in the will can acquire the improvement, if any. The resultant figure shall
about `80 lakh and `30 lakh in SCSS and
property. They can reside in, lend or be taxable long term capital gains which can be
PMVY. I will very soon be getting `1.8 offset by investing in a new property or eligible
sell the property as per their needs.
However, before registering for
crore as my PF. How should I invest this bonds under Sec 54. Eligible 54EC bonds are
change in title ownership (mutation), money to earn a monthly income of `1 that of: Rural Electrification Corporation Ltd.
your children will need to ensure that lakh? I do not have any liabilities. (REC), Power Finance Corporation Ltd. (PFC),
there is no loan linked to the National Highways Authority of India (NHAI)
property. The process of mutation and Indian Railways Finance Corporation
It’s good to see that you have saved well and look (IRFC). Investment can be made either through
will update the new property owners
comfortably placed. You have `3 crore of total a broker or any bank. You would have to choose
in government records. Explore the
corpus, and I will break this into two investment the respective bond, produce required KYC doc-
possibility of dividing the property
horizons. For a horizon of less than five years, I uments and make the payment. The invest-
in a manner that each child has a
would suggest fixed income instruments for your ment has to be made within six months from
demarcated unit. It will minimise
liquidity needs and expenses, along with capital the date of transfer and the maximum amount
scope of any
protection. Assuming inflation of 5%, you would of exemption is restricted to an investment cap
unpleasantness after
need `12 lakh in the first year and `13 lakh in the of `50 lakh. The lock-in period for the said in-
your demise.
second year and so on, as income. You already vestment is five years and the
have invested `30 lakh in SCSS and PMVY which bonds cannot be pledged for the
Raj Khosla will help you with regular income. Invest another purpose of availing loans.
Founder and Managing `40 lakh from your PF proceeds in ultra short
Director, MyMoneyMantra.com duration debt funds for five years and activate
Systematic Withdrawal Plans (SWP). Consider Divakar Vijayasarathy
any of these funds—HDFC Ultra Short Term Fund, Founder and Managing Partner, DVS
ICICI Prudential Ultra Short Term Fund and SBI Advisors LLP
Magnum Ultra Short Duration Fund. You should
invest the remaining `2.3 crore with a long-term
My bank FD of `6 lakh is maturing
shortly. Due to falling interest rates horizon of at least 5-7 years. Usually, I would
and also to reduce tax, I want to suggest investing 70-80% of the corpus in equity
I have sold my equity mutual holdings
invest this amount in mutual funds, for best long-term gains. But you seem a
during 2020-21 for `7 lakh and made LTCG
to get a return of 8% per annum. I conservative investor and I would suggest you of `2.5 lakh. How I can save on LTCG tax?
am in the 30% tax slab, a retired invest around 55%—`1.3 crore—in equity. You can
senior citizen, and am not averse to consider these funds—Mirae Asset Large Cap
taking some risk. Which mutual Section 54EC provides exemption on transfer
Fund or Parag Parikh Flexi Cap Fund, Axis
funds should I invest in? of a land or building or both and investing the
Bluechip Fund or Axis Focussed 25 Fund and
consideration in specified assets like bonds is-
HDFC Index Sensex Fund or Tata Index Sensex
A return of 8% is a tall ask in debt sued by NHAI and REC. Hence, exemption as
Fund. You should replace all your existing funds
funds especially in the categories per section 54EC cannot be claimed in your
with these suggested equity funds, once you
suitable for SWPs. Please tone case as reinvestment from the sale of equity
have crossed the short term capital gains tax
down your expectations and use mutual funds is not covered there. However, if
threshold. For the remaining `80 lakh, you seem
floating rate, ultra short and short you are planning to buy a house, you can claim
comfortable investing in FDs; hence, I would
term debt funds for SWP. Please the exemption u/s 54F for investment of the
suggest that you keep renewing your
go with high quality funds and not whole of the sale consideration
investments there. Currently, SBM Bank,
with high-returning funds. Also provided you don’t own
Suryodaya Small Finance Bank,
consider RBI floating rate bonds more than one house.
Jana Small Finance Bank and
2020 as it will provide returns IndusInd Bank are providing
and guarantee. the best returns for senior Amit Maheshwari
citizens. Do compare online Partner, AKM Global
on best FD returns at the time
Vidya Bala, of maturity of your FDs.
Co-Founder,
PrimeInvestor.in
Naveen Kukreja
Ask our experts
CEO and Co-Founder, Paisabazaar.com Have a question for the experts?
etwealth@timesgroup.com
career strategy
14 The Economic Times Wealth January 25-31, 2021
How to
impress your NEW
REMOTE JOB?
boss remotely
Be a WFH high performer even when
1 INSERT YOUR
INTRO
When you have joined a new job
no one can see you work, says remotely and have never met
your colleagues physically, it can
Devashish Chakravarty. take longer to feel part of the
team. Speed up the process and
help people remember you by
introducing yourself when you
speak.. Start calls with: “Hello I
am Amey, and have just joined
the sales team. How are you? Can
I get your advice on...”
GETTYIMAGES
HELP IN HISTORY
2 The faster you know what
people are talking about in a pro-
ject or meeting, the earlier you
will be able to contribute. Quickly
Video veteran
Y
ou were a high performer at your boss every week for inputs, updates get up to speed by going through
work. But the new Work-From- Choose a video meeting over a voice call and expectation matching. Secondly, take the history of email threads you
Home (WFH) set up denies you or group chat whether you have a discus- initiative to share relevant information have been copied on or scrolling
the vital face time with your sion with your manager or colleague. You with everyone and post required updates through group chat conversations
manager and team that was es- gain a ton of information and context from on email, calls or chats. Plan discussions in on your office chat application.
sential to get information, share instant up- the tone and body language that helps you advance and add context with content each
dates, demonstrate your work ethic and be take better decisions. The chances of mis- time. Imagine the questions that may be MENTAL MAP
recognised for your consistency. While you communication are lower and you are less asked and have your answers ready. Focus 3 At office, multiple con-
miss this critical part of your professional likely to make mistakes. Though you have on achieving business priorities and not versations and sources help you
toolbox, here’s how you can compensate for the option to attend the video call wearing just updating statuses. Finally, respect oth- rapidly learn about your work-
the loss and earn your dues. your shorts, choose to dress formally as you ers and avoid emotional and controversial place, people and projects. In
would in an office meeting. Thus, you con- discussions on politics, religion etc . WFH, the repetition is missing.
Clock comfort stantly strengthen both your attitude and Use a notebook and pen to note
While you work towards your growth, image of a high performing professional. Ownership to trust every new nugget of information
consider how you can contribute to your The trust that your employer or boss has you come across. Build a mental
manager’s success. Put yourself in your Accessible and available in you is the best predictor of recognition, map of your work and get your
manager’s shoes. Your boss has her work Did you receive a critical chat late because appraisals and promotions. The best way questions answered when you
cut out with the additional hurdle of get- your internet failed? Or missed a call be- to earn and foster that trust is to demon- get a chance.
ting a remote team to function and succeed cause your phone was on silent? Ensure strate ownership. Own your role, your
together. How can you make her life easier? that you always have the technology you outcomes, your team’s success and your
KYC - KNOW YOUR
As a first step, offer predictability. Start
with office timings. Follow the regular of-
need and can access your employer’s com-
munication without fail. Always answer
employer’s goals. When you own a task or a
role, then you prioritise time for deadlines,
4 COLLEAGUE
fice calendar and clock for work hours as your phone—that unknown number might ignore your tendency to procrastinate, Your output is higher and your
well as meal breaks. Your consistency and be a client with an urgent problem, whose think through what could go wrong and stress lower when you connect
availability makes you a reliable colleague next call might be to your boss. Check in are proactive in taking initiatives, solving and bond with your team. At
and keeps trust level high. with your office chat/ messages/ emails at problems and coming up with new ideas. office, you spent time with them
regular intervals. You also increase trust when you own up to over lunch, coffee and at the
Master meetings your mistakes immediately and show that water cooler. While working re-
The individual and team meetings have Beyond your brief you have learnt from them. motely, make extra effort to start
now become the lifeline for your colleagues To be recognised as an outstanding con- or join non-work conversations
to get stuff done and for your boss to man- tributor, go beyond expectations. Know When your boss is new before and after meetings, group
age the team. Treat them with due serious- that in a remote working environment, If your manager is new, get the relationship social meets or a scheduled vir-
ness. Be the first to join a meeting ahead of only outcomes are seen. Thus only results started from a place of respect and trust. tual coffee.
time. You get a few extra minutes with oth- matter and the process and hours you put in Help him learn the ropes when he asks, but
ers who join early. Know that your manager are not as critical as in office. Hence show don’t assume the role of a mentor. If you CUSTOMISE
probably has a packed schedule and limited up with your best work in WFH. Deliver have any complaints against your previous 5 CHANNELS
time for the meeting. As a top notch profes- before deadlines, pick up projects that are boss, don’t share them and cast yourself in Your communication channel
sional, you know the meeting agenda and important for your manager even if they a poor light. Equally unprofessional is if with your colleagues include
are fully prepared to contribute and not be are beyond your job description. Can you you take on the mantle of a political leader email, office chat app, WhatsApp,
a drag on the meeting. If you have called help your colleagues deliver outcomes and and decide to be the voice for your team’s voice calls and video calls. Get
for the meeting, you are responsible for establish positive working relationships problems. Instead, figure out how you can to know which channel is used
achieving the goals and closing the meeting with them? Your approach makes you in- help him settle down and succeed. for what kind of conversations
on time. Assert yourself and control the dis- valuable to your team and manager. within your team. Then under-
cussion accordingly. In external meetings stand each person’s preference
with clients and vendors, know that you too Communicate with context of channel and timings so that
are representing your company and don’t The best antidote to lack of face time is over THE WRITER IS A CAREER COACH,
you can customise to get the best
MENTOR AND THE AUTHOR OF
expect your manager to carry that burden communication. Firstly, make sure that responses.
YOURSORTINGHAT.COM
alone. you have at least one conversation with
SMART STATS
The Economic Times Wealth
January 25-31, 2021
In This Section
MUTUAL FUNDS - P16
LOANS AND DEPOSITS - P18
ALTERNATE INVESTMENTS- P19
NTPC 1 2 96.10 12.92 22.43 8.39 0.82 3.20 0.32 1.69 0.76 25 4.92
1 Fast growing stocks
UPL 2 1 584.55 15.35 63.54 25.16 2.32 1.04 0.41 2.54 1.24 35 4.77
Cipla 3 3 812.75 19.16 70.01 43.05 4.23 0.48 0.61 1.51 0.38 40 4.65 Top 5 stocks with the highest
expected revenue % growth
NMDC 4 4 117.20 20.91 35.11 10.22 1.32 4.37 0.31 2.42 0.85 22 4.05
over the previous year
Hindustan Zinc 5 6 283.20 31.93 37.81 17.80 3.01 12.75 0.42 1.89 0.67 21 3.48
Divi's 47
Dr Reddy's Laboratories 6 7 5,052.20 23.23 64.92 43.19 5.44 0.49 0.68 1.29 0.37 43 4.30 Laboratories
Tata Power 7 5 83.00 14.44 42.19 15.92 1.16 1.83 0.50 2.20 0.73 19 4.37 Granules India 39
Tata Steel 8 9 666.70 11.65 53.14 28.59 1.11 1.45 0.55 2.26 0.99 28 4.54
Hindustan Zinc 32
Adani Ports & SEZ 9 8 547.65 30.84 50.08 30.13 4.41 0.57 0.61 2.08 1.28 27 4.82
Adani Ports & 31
HCL Technologies 10 15 993.30 17.86 28.32 24.48 5.24 1.00 0.78 1.74 0.84 47 4.70 SEZ
CCL Products India 11 10 248.00 19.76 28.07 19.92 3.56 2.82 0.70 1.94 0.84 11 4.91 Ipca 29
Laboratories
Ceat 12 38 1,431.05 19.93 44.70 25.15 2.28 0.92 0.43 1.89 0.99 23 3.65
EPL 13 13 255.60 20.73 50.38 39.11 5.29 1.60 0.79 2.11 0.75 16 4.63
2 Least expensive stocks
Ipca Laboratories 14 16 2,052.00 29.44 91.83 43.15 7.21 0.38 0.46 1.76 0.18 25 4.04
Top 5 stocks with the lowest
Alkem Laboratories 15 12 3,075.55 19.53 44.10 32.69 5.98 0.81 0.77 1.43 0.37 24 4.25 price-earnings ratio
Granules India 16 19 340.25 39.44 87.27 26.18 4.76 0.29 0.29 2.36 1.15 12 4.58 NTPC 8.39
Coromandel International 17 14 852.35 16.76 35.01 23.38 5.77 1.42 0.68 1.72 0.72 18 4.44 NMDC 10.22
Escorts 18 20 1,285.65 19.63 62.93 23.70 5.13 0.19 0.28 2.45 1.46 28 4.39
Power Grid
KEC International 19 17 354.65 15.95 23.16 16.18 3.27 0.96 0.71 2.25 1.17 33 4.55 Corp 10.91
JSW Steel 20 18 393.30 19.13 55.11 23.65 2.61 0.50 0.31 2.43 1.44 29 3.03 Tata Power 15.92
Emami 21 21 477.20 13.58 92.68 71.09 11.80 1.68 0.72 1.98 0.70 35 4.29
Indus Towers 15.93
Power Grid Corp 22 22 195.15 6.23 14.48 10.91 1.58 4.61 0.76 1.57 0.61 22 4.73
Jyothy Labs 23 24 158.25 18.09 35.10 34.05 4.72 1.92 0.96 1.75 0.89 19 4.37
Ambuja Cements 24 23 252.55 5.78 24.48 24.82 2.16 6.49 1.39 1.77 0.77 42 4.29 3 Best PEGs
Top 5 stocks with the least
Hero MotoCorp 25 29 3,247.30 23.87 14.40 18.31 4.62 2.75 1.27 1.96 0.81 51 3.67
price-earnings to growth ratio
Britannia Industries 26 27 3,630.80 23.24 37.06 62.37 19.88 4.62 1.66 1.59 0.79 44 4.18 JSW Steel
Granules India
Mphasis 27 26 1,600.65 22.57 18.59 25.33 5.15 2.12 1.42 1.97 0.98 32 4.56
Orient Cement 28 25 83.30 1.82 50.42 19.99 1.55 0.90 0.41 2.53 1.30 11 4.64
Indus Towers 29 40 246.15 21.21 23.13 15.93 3.34 2.52 0.93 2.96 0.62 27 3.37 0.28 0.29 0.31 0.31 0.32
JK Cement 30 28 2,165.00 19.10 38.59 33.93 5.56 0.35 1.06 1.70 0.75 26 4.54
Rallis India 31 33 284.60 16.44 44.11 30.19 3.96 0.86 0.69 2.16 1.05 22 3.77 Escorts NMDC NTPC
Aurobindo Pharma 32 30 902.25 14.79 23.40 19.01 3.20 0.46 0.82 2.60 1.02 33 4.42
Ajanta Pharma 33 31 1,743.55 18.77 34.65 32.50 5.90 0.53 0.95 1.78 0.76 11 4.73
4 Income generators
Divi's Laboratories 34 35 3,604.60 47.38 64.22 69.78 13.14 0.44 1.08 1.63 0.64 22 4.23 Top 5 stocks with the highest
Glenmark Pharma 35 32 497.15 11.91 30.01 18.33 2.34 0.49 0.58 2.49 0.87 26 3.65 dividend yield (%)
Varun Beverages 36 36 923.65 20.37 62.34 54.42 7.94 0.27 0.86 2.00 0.67 16 4.69 Hindustan Zinc 12.75
Ambuja
Motherson Sumi 37 42 154.35 6.72 55.84 42.22 4.39 0.95 0.74 3.15 1.50 31 4.29 6.49
Cements
Britannia
Cadila Healthcare 38 34 469.50 14.14 32.26 41.40 4.69 0.72 1.35 1.61 0.28 35 3.63 Industries
4.62
ACC 39 -- 1,665.75 1.82 17.61 23.12 2.76 0.82 1.33 1.68 0.81 43 4.42 Power Grid
4.61
Corp
Hindustan Unilever 40 39 2,367.65 24.49 35.31 76.73 62.86 1.59 3.05 1.34 0.57 41 4.41
NMDC 4.37
Natco Pharma 41 43 896.75 28.25 26.01 35.53 4.34 0.97 1.24 1.67 0.61 15 3.47
Apollo Tyres 42 37 217.30 10.20 33.34 26.45 1.27 1.49 1.25 2.30 1.15 25 3.96
5 Least risky
Torrent Pharmaceuticals 43 44 2,738.95 13.10 37.95 45.89 9.75 1.18 1.20 1.66 0.44 35 3.43 Top 5 stocks with the lowest
HeidelbergCement 44 49 221.35 7.27 17.84 18.73 3.82 2.73 1.06 1.92 1.04 18 4.72 downside risk
Dr Reddy's Alkem
HDFC Asset Management 45 41 2,663.00 13.14 39.34 21.46 3.65 0.78 2.62 2.23 1.14 40 4.53 Laboratories Laboratories
Finolex Industries 46 -- 616.85 9.55 21.45 23.12 3.87 1.63 1.06 2.22 1.09 19 4.58
Infosys 47 48 1,339.70 15.46 16.97 30.70 7.97 1.61 1.83 1.75 0.95 47 4.62 1.17 1.29 1.34 1.43 1.51
Sanofi India 48 46 8,448.90 0.43 43.98 46.39 7.87 4.20 1.09 1.17 0.34 11 4.36
Tech Mahindra 49 47 1004.70 10.74 14.51 21.79 4.03 2.45 1.62 2.13 1.16 47 4.36 Sanofi India Hindustan Cipla
Unilever
Minda Industries 50 45 442.40 18.60 95.74 75.62 6.45 0.09 0.84 2.25 1.05 20 4.50
SEE DOWNSIDE RISK AND BEAR BETA COLUMNS
*REVENUE AND NET PROFIT GROWTH IS BASED ON CONSENSUS ANALYSTS' EXPECTATIONS. NR: NOT IN THE RANKING. DATA AS ON 20 JANUARY 2021. SOURCE: BLOOMBERG IN THE ADJACENT TABLE.
smart stats
16 The Economic Times Wealth January 25-31, 2021
LAGGARDS LEADERS
ET Wealth collaborates with Value Research to identify the top-performing Equity: Large-cap 5-year returns
funds across categories. Equity funds and equity-oriented hybrid funds are
9.83 18.76
ranked on 3-year returns while debt-oriented hybrid and income funds are Taurus Largecap Equity Nippon India ETF NV20
ranked on 1-year returns. 11.20 18.54
JM Large Cap Kotak NV 20 ETF
RETURNS (%)
Value Research Net Assets Expense 11.66 17.39
Fund Rating (` Cr) 3-Month 6-Month 1-Year 3-Year 5-Year Ratio (%)
Principal Nifty 100 EW Axis Bluechip
EQUITY: LARGE CAP 12.20 17.18
Axis Bluechip Fund 22,517.33 21.60 29.36 21.15 15.18 17.39 1.78
15.18% Franklin India Bluechip Canara Robeco Bluechip Equity
Canara Robeco Bluechip Equity Fund 1,364.34 21.58 30.20 25.76 14.44 17.18 2.23 THE 3-YEAR 12.45 17.12
RETURN
HDFC Index Fund 1,747.45 22.89 33.24 20.39 12.59 16.52 0.30 Tata Large Cap Mirae Asset Large Cap
OF AXIS
Tata Index Sensex Fund 42.99 22.14 32.15 19.66 12.29 16.03 1.00 BLUECHIP IS
Nippon India Index Fund 126.41 22.83 33.11 20.78 12.24 15.79 0.26 THE HIGHEST
IDFC Nifty Fund 264.16 22.95 33.08 21.10 11.49 15.94 0.76 IN ITS
CATEGORY. Equity: Multi-cap 5-year returns
UTI Nifty Index Fund 3,173.34 23.32 33.32 20.44 11.33 15.91 0.14
HDFC Index Fund Nifty 50 Plan 2,355.42 23.24 33.18 20.03 11.14 15.71 0.30
8.88 19.14
Edelweiss Large Cap Fund 222.59 21.48 30.99 19.71 10.24 15.20 2.49
Nippon India Retirement IIFL Focused Equity
Motilal Oswal Focused 25 Fund * 1,548.07 21.65 31.73 22.00 10.09 14.99 2.15
Sundaram Select Focus Fund 1,185.08 21.85 28.43 16.31 10.03 14.98 2.26 9.09 18.89
Mirae Asset Large Cap Fund 22,093.02 21.39 31.22 18.98 9.41 17.12 1.63 Taurus Starshare (Multi Cap) Quant Active
9.29 18.78
EQUITY: LARGE & MIDCAP
Mirae Asset Emerging Bluechip Fund 14,302.17 25.12 37.08 26.61 11.89 21.17 1.70
11.89% Nippon India Multi Cap Axis Focused 25
Invesco India Growth Opportunities Fund* 3,472.39 20.52 31.36 17.16 9.06 15.55 2.02
THE 3-YEAR 9.48 17.73
RETURN OF HDFC Focused 30 UTI Equity
Kotak Equity Opportunities Fund 4,632.66 20.94 29.34 17.68 8.93 16.25 1.96 MIRAE ASSET
Canara Robeco Emerging Equities Fund 7,312.85 23.17 34.67 25.84 8.60 18.02 1.90 EMERGING 10.70 16.80
LIC MF Large & Mid Cap Fund 930.42 19.73 30.81 14.36 7.17 16.63 2.37 BLUECHIP IS IDFC Multi Cap JM Multicap
Sundaram Large and Mid Cap Fund 1,398.30 21.17 29.77 10.40 7.12 14.47 2.22 THE HIGHEST
IN ITS
Principal Emerging Bluechip Fund 2,418.04 23.18 35.22 22.96 6.18 17.49 2.05
CATEGORY.
EQUITY: MULTI CAP Equity: Mid-cap 3-year returns
Quant Active Fund 133.05 26.51 45.59 48.72 15.45 18.89 2.48
UTI Equity Fund 14,860.64 26.88 41.80 32.91 15.28 17.73 2.05
-0.09 13.70
IIFL Focused Equity Fund * 1,352.72 24.90 35.66 27.22 15.04 19.14 2.18 Aditya Birla Sun Life Mid Cap Axis Midcap
Parag Parikh Flexi Cap Fund 6,392.80 14.56 26.06 31.99 14.52 17.87 1.97 0.03 11.86
Canara Robeco Equity Diversified Fund 3,055.60 19.83 29.90 24.32 12.33 16.64 2.11
Sundaram Mid Cap Quant Mid Cap
Axis Focused 25 Fund 14,357.95 25.21 33.92 21.56 11.55 18.78 1.83
DSP Equity Fund 4,613.17 25.88 32.40 20.34 9.80 16.56 1.93 1.84 8.54
Kotak Standard Multicap Fund 33,461.66 20.99 29.14 15.87 8.88 16.01 1.59 Motilal Oswal Midcap 100 ET Invesco India Mid Cap
SBI Focused Equity Fund* 12,760.97 23.23 26.73 14.01 8.58 16.08 1.81 2.12 7.99
Tata Retirement Savings Fund 949.23 15.66 26.31 16.79 7.22 16.25 2.34 IDBI Midcap DSP Midcap
EQUITY: MID CAP 2.15 7.24
Axis Midcap Fund 8,514.60 21.38 32.50 26.76 13.70 17.92 1.89 13.70% L&T Midcap Kotak Emerging Equity
Invesco India Mid Cap Fund* 1,228.48 23.98 35.45 25.48 8.54 15.88 2.42 THE 3-YEAR
DSP Midcap Fund 9,822.97 20.71 32.04 23.26 7.99 17.28 1.82
RETURN OF
Kotak Emerging Equity Fund 9,016.03 25.27 40.16 21.87 7.24 17.05 1.81
AXIS MID-
CAP FUND IS
Equity: Small-cap 3-year returns
Taurus Discovery (Midcap) Fund* 60.47 18.79 30.52 24.71 6.71 15.85 2.57 THE HIGH-
EST IN ITS -5.43 13.75
EQUITY: SMALL CAP CATEGORY. Aditya Birla Sun Life Quant Small Cap
Axis Small Cap Fund 3,631.90 20.39 41.16 21.76 11.64 17.38 2.03
-4.58 11.64
SBI Small Cap Fund* 6,628.36 26.22 46.12 30.73 5.08 19.34 1.92
Sundaram Small Cap Axis Small Cap
Nippon India Small Cap Fund 10,916.19 25.84 44.66 25.15 2.38 16.60 2.06
-3.78 5.08
EQUITY: VALUE ORIENTED
HSBC Small Cap Equity SBI Small Cap
Kotak India EQ Contra Fund 875.90 22.41 32.19 18.65 10.63 16.57 2.33
UTI Value Opportunities Fund 5,202.11 25.56 35.08 22.48 9.99 14.44 2.14
-1.93 3.14
L&T Emerging Businesses Union Small Cap
Invesco India Contra Fund* 6,010.40 24.03 31.18 23.98 8.76 17.13 2.05
Tata Equity PE Fund 4,620.28 17.37 26.90 16.11 4.33 15.88 1.96 -1.20 2.41
Franklin India ICICI Prudential Smallcap
EQUITY: ELSS
Quant Tax Plan 34.59 28.89 52.76 54.73 15.30 21.14 2.48 15.30%
Canara Robeco Equity Tax Saver Fund
Mirae Asset Tax Saver Fund
1,475.66
5,489.29
21.65
23.99
35.00
37.68
32.15
26.20
14.46
11.96
17.39
21.36
2.23
1.86
THE 3-YEAR
RETURN OF
Hybrid: Aggressive 5-year returns
Axis Long Term Equity Fund 27,180.98 26.02 34.11 20.84 11.62 16.32 1.62 QUANT TAX
JM Tax Gain Fund 48.40 27.03 36.72 20.11 10.35 17.02 — PLAN IS 7.05 15.78
Invesco India Tax Plan* 1,385.53 21.39 30.80 21.68 9.34 15.38 2.31
THE HIGH- Nippon India Equity Hybrid Quant Absolute
EST IN ITS
BOI AXA Tax Advantage Fund 375.60 20.96 37.81 33.60 8.77 17.63 2.58
CATEGORY. 9.83 14.70
DSP Tax Saver Fund 7,424.68 25.37 32.01 19.13 8.25 16.18 1.85 PGIM India Hybrid Equity Tata Retirement Savings
Taurus Tax Shield Fund* 73.71 17.58 26.87 16.85 7.31 15.03 2.47
Tata India Tax Savings Fund 2,480.85 22.21 32.12 16.52 6.77 15.02 2.04
9.92 14.65
Tata Hybrid Equity Mirae Asset Hybrid Equity
HYBRID: EQUITY SAVINGS 10.07 14.63
Axis Equity Saver Fund 702.44 10.40 14.22 11.95 8.47 9.34 2.39 Franklin India Life Stage Canara Robeco Equity Hybrid
Edelweiss Equity Savings Fund 86.70 8.09 10.75 14.05 8.12 9.47 1.68
10.94 14.55
Kotak Equity Savings Fund 1,372.56 7.11 11.06 11.40 7.65 9.18 2.21
Aditya Birla Sun Life Equity Principal Hybrid Equity
Principal Equity Savings Fund 55.12 11.66 15.58 17.29 7.64 9.07 2.35
ANNUALISED RETURNS IN % AS ON 20 JAN 2021.
smart stats
The Economic Times Wealth January 25-31, 2021 17
Top 5 MIPs
ICICI Prudential Regular Savings Fund
Indiabulls Savings Income Fund*
2,733.60
13.56
5.09
5.95
8.95
7.86
11.29
7.32
8.60
5.54
10.44
8.56
1.80
2.00 2 Top 5 MIP schemes based on
DEBT: MEDIUM- TO LONG-TERM
3-year SWP returns
IDFC Bond Fund Income Plan
SBI Magnum Income Fund*
705.37
1,765.95
0.92
1.34
1.45
3.09
11.27
11.13
9.41
9.21
8.68
9.26
1.97
1.46
11.27%
Baroda Conservative Hybrid
THE 1-YEAR
ICICI Prudential Bond Fund 4,081.42 0.96 2.29 10.87 8.76 8.56 1.20
RETURN OF 10.32
Nippon India Income Fund 422.29 1.00 1.42 10.37 9.36 8.71 1.73 IDFC BOND
FUND INCOME Canara Robeco Conservative Hybrid
DEBT: MEDIUM-TERM
IS THE HIGH-
SBI Magnum Medium Duration Fund* 6,887.07 1.60 3.95 11.55 9.63 10.01 1.26 9.85
EST IN ITS
IDFC Bond Fund Medium Term Plan 4,228.43 1.04 1.97 10.09 8.57 8.09 1.44 CATEGORY. ICICI Prudential Regular Savings
ICICI Prudential Medium Term Bond Fund 6,207.31 1.66 4.30 9.85 8.12 8.20 1.71
9.29
HDFC Medium Term Debt Fund 2,618.87 1.88 4.34 9.50 8.15 8.26 1.34
Indiabulls Income Fund* 16.37 1.18 2.11 8.72 8.60 7.86 0.90 Kotak Debt Hybrid
TENURE: 3 YEARS Axis Bank 6.90 6.90 8.40 7.00 8.55 1 Oct 2020
Equitas Small Finance Bank 7.00 12,314 Bank of Maharashtra 6.90 6.90 8.35 7.15 8.45 7 Jan 2021
AU Small Finance Bank 6.75 12,224 Canara Bank 6.90 6.90 8.85 6.95 8.90 7 Jan 2020
DCB Bank 6.75 12,224
ICICI Bank 6.90 6.90 7.95 6.95 8.05 22 May 2020
RBL Bank 6.75 12,224
Indusind Bank 6.50 12,134
IDBI Bank 6.90 6.90 8.40 7.15 9.90 12 Dec 2020
Punjab & Sind Bank 6.90 6.90 7.60 7.10 7.90 30 June 2020
TENURE: 5 YEARS
DCB Bank 6.75 13,975 Bank of India 6.85 6.95 8.20 6.95 8.35 22 Sept 2020
Equitas Small Finance Bank 6.75 13,975 SBI Term Loan 6.65 6.95 7.35 7.10 7.50 1 July 2020
AU Small Finance Bank 6.50 13,804 Indian Bank 6.80 7.00 7.45 7.05 7.50 1 July 2020
Indusind Bank 6.50 13,804
Indian Overseas Bank 6.85 7.05 7.30 7.05 7.30 1 July 2020
RBL Bank 6.40 13,736
Punjab National Bank 6.80 7.15 7.75 7.15 7.75 1 Sept 2020
UCO Bank 6.90 7.15 7.25 7.15 7.25 27 May 2020
Top five senior citizen bank FDs J & K Bank 7.20 7.30 7.60 7.30 7.60 1 Jan 2021
Interest rate (%) What `10,000
TENURE: 1 YEAR compounded qtrly will grow to
SBI Max Gain 6.65 7.30 7.70 7.45 7.85 1 July 2020
Equitas Small Finance Bank 7.10 10,729 Federal Bank 7.65 7.65 7.75 7.70 7.80 16 Dec 2020
Indusind Bank 7.00 10,719 Karur Vysya Bank 7.20 7.80 9.65 7.80 9.65 1 June 2020
RBL Bank 7.00 10,719
Dhanlaxmi Bank 7.00 7.85 8.50 7.85 9.00 1 Jan 2021
Ujjivan Small Finance Bank 7.00 10,719
DCB Bank 6.75 10,692
Kisan Vikas Patra 6.90 1,000 No limit Can be encashed after 2.5 years Nil
Top five tax-saving bank FDs 5-year NSC VIII Issue 6.80 1,000 No limit No TDS 80C
Interest What `10,000
TENURE: 5 YEARS AND ABOVE rate (%) will grow to
Time deposit 5.5-6.7 1,000 No limit Available in 1, 2, 3, 5 year tenures 80C#
DCB Bank 6.75 13,975
Equitas Small Finance Bank 6.75 13,975 Single 4.5 lakh 5-year tenure, monthly returns Nil
Post Office Monthly Income
AU Small Finance Bank 6.50 13,804 6.60 1,000
Scheme
Joint 9 lakh 5-year tenure, monthly returns Nil
Indusind Bank 6.50 13,804
RBL Bank 6.40 13,736 Recurring deposits 5.80 100 No limit 5-year tenure Nil
ALTERNATIVE INVESTMENT
RETURNS MONITOR
The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t
compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different.
Gold (995) (`) Silver (`) Platinum ($/troy ounce) WTI Crude ($/barrel)
39,854 49,460 46,410 67,160 1,000.92 1,128.83 58.34 53.24
21 JAN 2020 21 JAN 2021 21 JAN 2020 21 JAN 2021 21 JAN 2020 21 JAN 2021 21 JAN 2020 20 JAN 2021
PRICE OF 10 GM GOLD
PRICE OF 1 KG SILVER
CHANGE
X 1 WEEK 1.32% 1 WEEK 3.64% 1 WEEK 0.59% 1 WEEK -0.62%
X 1 YEAR 24.1% 1 YEAR 44.71% 1 YEAR 12.78% 1 YEAR -8.74%
Gold gained by 1.32% during the last Silver jumped up by 3.64% during the last Though precious metal demand Though firmed up during the first
week based on the hopes of a massive week on hope that Joe Biden's clean pushed it up, weak industrial demand few days, crude oil fell by 0.62%
US stimulus package under the new energy push may increase silver demand pulled it down and platinum edged up during the last week because of
Joe Biden administration. from photovoltaic cell industry. only by a bit during the past week. an increase in the US inventory.
Bhandari Hosiery 4.15 2.22 207.41 11.96 712.37 60.80 Shalimar Productions 0.54 10.20 10.20 9.61 9,760.23 53.15
Visagar Polytex 1.82 25.52 152.78 0.22 -64.51 53.27 Cressanda Solutions 0.44 18.92 41.94 1.92 6,785.40 13.36
Baroda Extrusion 0.78 23.81 116.67 0.84 1,291.13 11.62 CHL 6.28 -0.32 -4.85 0.01 4,883.77 34.41
Usha Martin Education 5.10 27.50 113.39 0.36 200.65 13.46 Shree Bhawani Paper 3.35 -4.29 -1.47 0.01 4,058.12 11.67
Tamilnadu Telecom 3.79 26.76 104.86 0.08 1,095.20 17.31 Saptarishi Agro Ind. 9.45 5.00 5.00 0.19 2,612.62 32.15
Sharp Investments 0.43 13.16 104.76 0.73 282.46 10.41 Sun and Shine World. 3.64 -2.93 19.34 0.04 1,947.22 18.20
Indian Infotech and Soft. 0.53 20.45 103.85 28.03 5.51 53.30 Sun Techno Overseas 0.24 14.29 4.35 18.10 1,752.89 15.66
Rohit Ferro-Tech 2.43 15.17 102.50 0.26 699.24 27.65 Baroda Extrusion 0.78 23.81 116.67 0.84 1,291.13 11.62
Himachal Fibres 2.55 8.97 102.38 0.07 46.35 22.01 Tamilnadu Telecom 3.79 26.76 104.86 0.08 1,095.20 17.31
Indosolar 3.24 25.58 100.00 4.20 187.59 120.55 Garden Silk Mills 7.63 -10.13 -38.71 1.97 809.68 32.11
THE STOCKS HAVE BEEN SELECTED USING THE FOLLOWING FILTERS: PRICE LESS THAN `10, ONE-MONTH AVERAGE VOLUME GREATER THAN OR EQUAL TO 1 LAKH AND MARKET
CAPITALISATION GREATER THAN OR EQUAL TO `10 CRORE. DATA AS ON 20 JANUARY 2021. SOURCE: ETIG DATABASE AND BLOOMBERG.
mutual funds
20 The Economic Times Wealth January 25-31, 2021
Energy 9.61
23.71 DATE OF LAUNCH
20.05 20.74 28 DECEMBER 2015 FMCG
17.48 8.51
15.56 CATEGORY
13.78 Healthcare
11.67 EQUITY 7.52
8.76
6.31 TYPE
The portfolio is tilted towards financials, with
ELSS
sizeable presence in tech and energy.
AUM*
1-YEAR 3-YEAR 5-YEAR ` 5,489 cr
BENCHMARK Top 5 stocks in portfolio (%)
The fund has comfortably outperformed AS ON 19 JAN 2021
index and peers in recent years. NIFTY 200 TOTAL HDFC Bank 9.71
RETURN INDEX
Infosys 7.11
ICICI Bank
Rolling returns (%) FUND BENCHMARK
WHAT IT 6.94
1-YEAR
15.00 COSTS Axis Bank
Tata
4.71
4.01
9.80 Consultancy
NAV**
GROWTH OPTION
The portfolio is well diversified yet takes
12.62 `24.277 heavy positions in its top bets.
3-YEAR
DIVIDEND
11.47
`19.461
MINIMUM INVESTMENT
Recent portfolio changes
19.31 `500 New Entrants
5-YEAR
10.92 MINIMUM SIP AMOUNT Britannia Inds, ICICI Lombard General Insurance,
`500 Torrent Pharma (Nov). Muthoot Finance (Dec)
The fund has built a strong track record of AS ON 19 JAN 2021 EXPENSE RATIO*** (%)
outperformance in a short span of time. 1.86 Complete Exits
EXIT LOAD IIFL Securities, MindTree, Route Mobile (Oct).
FIGURES DENOTE DAILY ROLLING RETURNS OVER LAST 10 YEARS. NOTE: DIFFERENT BENCHMARK (S&P BSE 500
TRI) IS USED DUE TO NON AVAILABILITY OF STATED BENCHMARK DATA. 0% for redemption Lupin (Nov). Kajaria Ceramics, NTPC (Dec)
within 30 days
Additions
Equity 99.02%
CAPITALISATION
FUND
Small
The fund takes a large cap tilt, like NEELESH SURANA The fund’s risk-return profile is one
many peers in its category.
TENURE: 5 YEARS of the best among peers.
Source: Value Research
This tax saving fund has Bluechip—with emphasis on more from Emerging Bluechip, track record within a short span
Should recently completed five years of quality of earnings, without managed by the same fund of time, with a superior risk-
N
atco Pharma has surprised the market with y- anti-viral, immune-suppression, etc and expect to come out
o-y revenue and net profit growth of 65% and with 1-2 complex product launches soon. To increase its reach,
Fundamentals
70% respectively in the second quarter of 2020- Natco also plans to market products of established players in CONSENSUS
ACTUAL
ESTIMATE
21. Pandemic related demand jump in its key the generic space through tie-ups.
2019 2020 2021 2022
product Tamiflu and Revlimid settlement have The recent diversification of its export to markets like
Revenue (` cr) 20,945.00 19,150.00 23,519.30 24,801.60
boosted the second quarter numbers. This ‘above average Brazil, Canada, China, etc, are also doing well. Strong pan-
growth’ should not be taken as the norm. However, analysts demic related sales happened in Brazil and Canada in the Ebitda (` cr) 7,948.00 5,826.00 7,507.30 8,557.80
believe that this research and development focused mid-size second quarter. Though the rate of growth will be moderate, Net profit (` cr) 6,349.50 4,493.90 5,512.20 5,875.10
pharma company will repeat pandemic related revenues will EPS (`) 34.36 24.63 33.26 32.43
good performance in the coming remain strong. Because there is
quarter as well, mainly because Analysts’ views no significant improvement in the Valuations PBV PE
DIVIDEND
YIELD (%)
normalisation of sales in other number of Covid cases in coun- Natco Pharma 4.33 31.22 0.75
segments would balance modera- 2 7 tries like the US, Brazil, Canada, Biocon 7.91 82.30 0.00
Sell Buy
tion of growth from Covid related etc and therefore, pandemic relat- Abbott India 12.66 64.42 1.73
segments. Its third quarter rev- ed drugs such as Tamiflu should Gland Pharma 9.88 46.59 0.00
enues are expected to grow 18% y- continue to attract good revenues Torrent Pharmaceuticals 9.61 38.75 1.17
o-y, primarily driven by exports. in future also.
Due to improvement in earnings 6 After the recent jump up, its
before interest, tax, depreciation Hold valuations are on the higher side
Latest brokerage calls TARGET
RECO DATE RESEARCH HOUSE ADVICE PRICE (`)
and amortisation (Ebitda) margin compared to historical averages.
15 Jan Investec Buy 1,100
triggered by the increased share However, its valuation (see table )
from the US markets, Natco is also is not high compared to other mid 13 Jan Anand Rathi Hold 946
expected to report 37% y-o-y net Natco’s recent diversification of its exports to markets like cap pharma companies. 11 Jan Axis Capital Add 1,020
profit growth in the third quarter. Brazil, Canada, China, is doing well and is expected to do so 7 Jan Nirmal Bang Buy 1,099
in future as well. Besides, its valuations despite the recent
Domestic business de-grew by Selection Methodology: We pick 13 Dec ICICI Securities Hold 974
jump are not high compared to other pharma companies.
11% y-o-y in the second quarter on This has made the company a favourite of analysts.
up the stock that has shown the
account of lower oncology and hep- maximum increase in “consensus
atitis-C sales. Impact was severe analyst rating” during the last one Relative performance 148.60
in the oncology segment as cancer patients were deferring hos- month. Consensus rating is arrived at by averaging all analyst 100 MARKET PRICE: `896.75
pitalised treatments due to Covid fears. With a basket of more recommendations after attributing weights to each of them (ie
than 30 products, Natco is a leading oncology player in India. 5 for strong buy, 4 for buy, 3 for hold, 2 for sell and 1 for strong
139.35
Since the pandemic induced fear have receded, sales from sell) and any improvement in consensus analyst rating indi-
other divisions should also normalise in the coming quarters. cates that the analysts are getting more bullish on the stock.
Natco has generated a niche market for itself in the US with To make sure that we pick only companies with decent analyst SENSEX
the help of its focus on high end limited entry products and se- coverage, this search will be restricted to stocks with at least 120.09
lective tie ups. It also has a strong pipeline there and has filed 10 analysts covering it. You can see similar consensus analyst
21 JAN 2020 ET PHARMA NATCO PHARMA 21 JAN 2021
more than 55 ANDA applications. Most of these are for niche rating changes during the last one week in ETW 50 table.
Natco Pharma is compared with ET Pharma. Stock price and index values
products. Its US business now is focused in areas like cancer, —Narendra Nathan normalised to a base of 100. Source: ETIG and Bloomberg.
Prestige Estates has signed an agrement with Blackstone for part sale of its commercial,
Prestige Estates J M Financial Buy 280 370 32 retail and hospitality assets at an enterprise value of `9,160 crore. Post deal, it plans to
become net debt-free company and enter into a new phase of development.
Maintain ‘buy’ because earnings growth momentum is likely to sustain in the third quarter. The
Coromandel International Motilal Oswal Buy 852 1,090 28 structural story, i.e. farmers shifting from urea to complex fertilisers, also remains intact.
Maintain ‘sell’ as the current valuations already factor in the normalised results in 2021-22. There is
Bajaj Finance Axis Sec Sell 5,117 4,350 -15 also uncertainty over impact from RBI’s NBFC norms on the company’s operating and return ratios.
Maintain ‘sell’ rating considering dependency on top client, anticipated subpar revenue
Mindtree Emkay Sell 1,757 1,580 -10 growth, unsustainable margins and rich valuations.
Despite strong third quarter numbers and accelerating growth and margin profile in near
L&T Technology Services HDFC Sec Reduce 2,528 2,175 -14 term, maintain ‘reduce’ as valuations more than adequately factor in the recovery curve.
Though theatres are allowed to operate in majority of states, availability of content and lower
PVR Geojit Reduce 1,542 1,403 -9 footfall is dragging recovery. ‘Reduce’ due to current high valuation and slower pace of recovery.
Maintain ‘reduce’ rating due to sharp run-up in stock price and unattractive valuations. Volatile
Hindustan Zinc Prabhudas Lilladher Reduce 283 260 -8 ore grade–due to increase in share of mines having low grade of ore–is another concern.
your feedback & more...
22 The Economic Times Wealth January 25-31, 2021
Readers’ response, online and in print, to ET Wealth stories has been enlightening.
We pick some that add information and perspective to our articles from previous issues.
This refers to the cover story, ‘Best about the family or any other
ways to save tax’. In addition to the important decisions relating to
various tax saving schemes you
have highlighted, one can also take Insightful analysis finances. It’s important to have
this understanding as I am making
advantage of the tax deduction investment decisions for all my
permitted by the government for
donations made to certain charitable
on tax saving family members.
Unnati Shah
organisations. When made to worthy This refers to the cover story, ‘Best
causes, the RoI on such donations is ways to save tax’. Thanks for the This refers to the article, ‘Reduce
immeasurable. article. It was a great and insightful number of schemes to streamline
V. Nandakumar
analysis of the tax saving options. portfolio’. The investment market is a
It will be very helpful for me kind of a speculation market, so there
This refers to the story, ‘6 ways to reduce personally as I was looking for new must be scrutiny of these schemes
construction costs’. I think the best tax saving options other than the before investing. Experts should assist
way to reduce the cost is involvement conventional options like bank FDs and guide the new investors who
throughout the process and not relying and PPF. are unaware of the market tactics.
solely on contractor or engineer or S. Eshwar Government should also help raise
any third party. It will save you a lot of awareness and educate new investors.
money as well as help you maintain your R. K. Bansali
peace of mind. approach of someone whom she met respect’ is a good story with no value
Varsha Singh conversing with her. This article idoes addition. A narrative like this will be more Corrigendum
not depict reality as it is not relatable. appropriate for children. The line in the Smart Things to
The article, ‘Your money deserves We hardly come across such super rich Manoj Kumar Patel Know section should have read:
respect’ by Uma Shashikant is just people in India who are indulging in such Exemption: One need not pay any
a work of fiction, not for any reader spending without control. I have read Uma Shashikant’s article tax on such income. Interest income
or even an average Indian who does Murali A. on financial planning . I appreciate the on PPF and REC tax-free bonds is
not know anything about money. It deep thinking and the practical ways fully exempt from tax. The error is
has been written with a stereotype The article titled ‘Your money deserves with which she approaches life, be it regretted.
Prominent residential area comprising major industrial estates and IT SEZ 2 BHK 47%
Key employment hubs are Magarpatta City SEZ, SP Infocity and Hadapsar Industrial Area
Excellent connectivity via NH-65, Magarpatta Road (SH-27) and Hadapsar Railway Station 3 BHK 25%
Reputed healthcare options include Noble Hospital, Sahyadri Super Specialty Hospital, etc.
Proximity to known retail hubs such as Seasons Mall, Amanora Mall and Brand Factory Above 3 BHK 11%
Consumer preference by
Mundhwa Keshav Nagar
PRICE RANGE LOCALITY VALUES budget segment (`)
`4,100-9,900/ sqft
Hadapsar
Price (`/sqft) : 4,400-7,800 Below 50 lakh
24% 25%
Rent (`/month) : 17,800-31,600 50-75 lakh
75 lakh-1crore
Magarpatta 23% 1-1.25 crore
Keshav Nagar 10% 18%
Airport: 14 km Above 1.25 crore
Hadapsar Price (`/sqft) : 5,000-7,600
Railway station: Rent (`/month) : 16,300-26,100
6 km Consumer preference by
NH-65: 1 km Magarpatta City covered area (sq ft)
Price (`/sqft) : 6,700-9,900
Above
1 BHK 2 BHK 3 BHK
3 BHK
Rent (`/month) : 31,700-49,900 19% 16% Below 1,000
620 sq ft 1,030 sq ft 1,570 sq ft 1,000-1,250
3,560 sq ft 11% 18%
`35
lakh (avg)
`65
lakh (avg)
1.11
`crore (avg)
2.98
`crore Mundhwa
Price (`/sqft) : 5,000-7,600 25%
1,250-1,500
1,500-1,750
(avg) Above 1,750
Rent (`/month) : 16,600-26,500 11%
Schools 10+ Hospitals 10+ Restaurants 20+ Banks 20+ Grocery Stores 20+ Petrol Pumps 5+ In dia’s No. 1 P ropert y Sit e
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before publication. In spite of this, if any omission, inaccuracy or printing errors occur with regard to the data contained in this 2273 3535. Fax: (022) 2273 2544 and printed by him at (1) The Times of India Suburban Press, Akurli Road, Western Express Highway, Kandivli (E), Mumbai-400101 . Tel. No.:
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