Tuesday, October 31, 2017

Insurance Companies IPO in Indian Markets

There is a rush in India market among Insurance companies to go public.

First ICICI Prudential, and now followed by HDFC Life Standard Insurance, SBI Life Insurance and General Insurance. 


For sure , other players must be planning too to get listed on Indian Exchanges for trading.


What's there in this rush for an investor?


Insurance market in India plans to take penetration level to 5 percent by 2020. The country's insurance market is expected to quadruple in size over the next 10 years from its current size of US$ 60 billion. 


Sure this could be a great portfolio to create for a long term perspective. Since Indian markets are on a high, one can wait for small corrections and keep on adding to reap benefits in long term.

Saturday, October 28, 2017

Right time to buy gold October 2017, buy from Paytm too

If you are looking to add some grams of gold to your diverse portfolio, this could be just the right time.
Recently Paytm has also launched a facility to buy gold in chunks of as low as 500 Rs or even 0.1 gm. You can buy gold per your convenience for example as soon as you get your salary or monthly earning credited, buy per your capacity. Paytm even provide facility to take delivery as physical gold.

Though many Gold ETFs might be giving not so good or even negative returns, but this might be good time to buy gold in physical form.

Find reasons to buy, may be wife's or husband's birthday or anniversary, you both will be pleased.