Newsletter

Weekly Wealth Report 15th July 2024 (Weekly Wealth Newsletter and a Private Circulation from Creating Wealth Company)                                                                                Curated by Mr. Sathish Kumar Founder – Creating Wealth Company Crorepathi Creator | Financial Consultant | Author | Speaker | Columnist | Youtuber Phone – 9841058689    Mail – creatingwealthadvisory@gmail.com      Web – www.sathishspeaks.com Issue 151, Weekly Wealth Newsletter: 15th July 2024 – 22nd July 2024 Sensex at 80,000! How to Approach Equity Mutual Funds Now? The bellwether, BSE Sensex hit an all-time high of 80,392.64 points last week This is stupendous for the Indian equity market amid rising geopolitical tensions and various other key risks, such as tightening global financial conditions and capital outflows, among others. India is viewed as a “bright spot” the fastest growing economy major economy with several structural reforms being rolled out by the current dispensation, a significant rise in government spending for sustainable economic growth, the sovereign rating outlook has been recently upgraded to ‘positive’ from stable, and the country is enjoying a favourable demographic dividend. National Stock Exchange (NSE) Report cites that higher-than-expected GDP growth and strong corporate earnings have boosted investor confidence. However, as we scale new highs, it is also important to recognise that valuations are not cheap. Relative to many of their global peers, Indian equities are trading at a noticeable premium. At present, India’s market capitalisation-to-GDP ratio, famously called the Buffett indicator (named after legendary investor Warren Buffett), is in the ‘modestly overvalued’ zone. Hence, approach the equity with prudence by devising a sensible strategy instead of investing in an ad hoc manner or mindlessly going gung-ho and skewing the portfolio to Small caps and Mid caps. Call us @ 63795 18807 to Handpick High Performing Funds and Stocks for your Portfolio Weekly Market Update Indian equities closed at record high on Friday, buoyed by IT stocks, after a major domestic software services provider kickstarted the earnings season on a strong note and as a softer US inflation data boosted hopes for a US Fed rate cut. FII Poured 15,532 crores in First half of July 2024 driven by ongoing Govt Reforms, Low Fed Reserve Rates and Robust Demand. India inflation rate in India increased to 5.08% in June 2024 compared to an upward revision of 4.80% in May 2024. The Central Board of Direct Taxes (CBDT) said tax collections grew 19.54% to Rs 5.74 lakh cr till July 11 in the current financial year as compared to Rs 4.80 lakh cr in FY24 in the corresponding period. India industrial production increased 5.9 % in May 2024 compared to 5.0 % in April 2024, while manufacturing production increased 4.60 % compared to 3.90%. Active Monsoon since third week of June has boosted kharif Crops such as paddy, oilseeds, cotton and Sugarcane. Mutual Fund Corner Edelweiss Business Cycle NFO An open ended High Aggressive Business Cycle NFO which helps investors to evaluate and invests in sectors & companies combining Momentum and Other Factors. This is Predominantly a Large and Mid-Cap Portfolio focussing only top 300 Companies in Market Capitalization This Business Cycle NFO will analyses factors to spot business cycle trends. Key factors used in the model – Growth, Quality, Value & Momentum. The model helps in constructing a portfolio of 60 stocks that are doing well in current cycle. To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 ) http://www.assetplus.in/partner/sathishkumar Stock of the Week BASF India CMP – 5564 Target – 6499 ( In 12 – 18 Month’s Time Frame) BASF India Ltd’s portfolio consists of six segments: Agricultural Solutions, Materials, Industrial solutions, Surface Technologies, Nutrition & Care and Chemicals It is a part of BASF group which have 110,000 employees globally in almost every country in the world. It generated sales of 60 billion euros in 2022. Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.17 times Healthy long term growth as Operating profit has grown by an annual rate 42.13% With a growth in Net Profit of 96.03%, the company declared Very Positive results in Mar 24 With ROE of 17.5, it has a Fair valuation with a 7.2 Price to Book Value Over the past year, while the stock has generated a return of 111.39%, its profits have risen by 43.8% ; the PEG ratio of the company is 0.9 Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST, DOW and OBV For your Equity recommendation – open a De Mat account with Angel Broking with this link https://app.aliceblueonline.com/openAccount.aspx?C=SSP03 This week Media Publications https://www.youtube.com/watch?v=–J5nKP_WJ4https://www.youtube.com/watch?v=zubtmyzhbL4https://www.youtube.com/watch?v=QVg0vawakwEhttps://www.youtube.com/watch?v=YgxZKwAXu8A Middle Class to Million Dollar Book Man and his struggle to generate and preserve wealth is eternal. One thing which is common among everyone in this society, that everyone has financial dream and aspiration to become Crorepati. Middle Class to Million Dollar is a guide to understand how simple and common sense in Personal Finance can help you to get wealthy Corpus.  Click here to purchase the book from Amazon Buy Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Book Online at Low Prices in India | Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Reviews & Ratings – Amazon.in To Buy my Untold Wealth Secret Book from Flipkart Untold Wealth Secrets: Buy Untold Wealth Secrets by Sathish Kumar at Low Price in India | Flipkart.com Facebook Youtube Whatsapp Instagram Linkedin This Newsletter is from Creating Wealth Company – For Private Circulation only. For more information connect with Sathish Kumar @ 9841058689 You can also connect with us investments@sathishspeaks.com Visit – www.sathishspeaks.com for More Details. Disclaimer Mutual Funds and Stock Market Investments are subject to market risks, pls read all scheme-related documents carefully. The

Weekly Wealth Report 8th July 2024  (Weekly Wealth Newsletter and a Private Circulation from Creating Wealth Company)                                                                                Curated by Mr. Sathish Kumar Founder – Creating Wealth Company Crorepathi Creator | Financial Consultant | Author | Speaker | Columnist | Youtuber Phone – 9841058689    Mail – creatingwealthadvisory@gmail.com      Web – www.sathishspeaks.com Issue 150, Weekly Wealth Newsletter: 8th July 2024 – 15th July 2024 Dear Readers I am very excited and happy to present the 150th Edition of this Newsletter. 3 Years back, I envisaged to present Newsletter on Equity and Financial Markets with Indian and Global Perspectives on a weekly basis and hence this Weekly Wealth Letter. Our dream to make investing simpler, profitable, and accessible to everyone and this is one simple step to educate Investors and make investing an easy process Happy Reading and Investing Will Sensex Hit 1,60,000 by 2029? Motilal Oswal Financial Services Chairman Raamdeo Agrawal expects the Sensex to touch 1,60,000 points by 2029. “Sensex has doubled every 5 years, target 1,60,000 for Sensex by 2029. Market can double in the next 5 years with a 15% CAGR, this is the happiest moment of my life,” he told CNBC-TV18 in an interview. The Benchmark S&P BSE 30 index opened above 80,000 on Thursday, it had briefly crossed the same on Wednesday too. The Sensex had crossed the 70,000 mark on December 11,2023. The gain from 70k to 80k has been achieved in the shortest span of time. The reasons for gain are being attributed to monsoons, softening of US bond yields, and positive FPI flows in June. Mr Raamdeo Agarwal also said in four years, India might become a 10 trillion market.” Don’t miss out on this opportunity to ride this wave. Call us @ 78100 79946 to start your Investments Weekly Market Update The benchmark Sensex on Wednesday breached the 80,000 for the first time during intraday trading, completing an impressive ascent of nearly 10,000 points from the Lok Sabha election results-day low of 70,234 on June 4. The BSE SENSEX (+6.9%) rose in June 2024, in line with the NSE NIFTY index. BSE Mid-cap and Small-cap indices outperformed the BSE Sensex, with growths of (+7.7%) and (-10.3%) respectively. Sector-wise, Infotech, Teck and Realty were the top 3 performers over the month, June 2024 clocking (+11.3%), (+9.5%), and (+8.2%), respectively. All of BSE’s 13 sectoral indices ended the month, June 2024 in green. India’s Manufacturing Purchasing Managers’ Index (PMI) in June 2024 rose to a two-month high at 58.3 (vs 57.5 in May 2024), remaining in expansion zone for the 35th straight month driven by manufacturing employment accelerating and improvement in new order intakes. India’s forex reserves dropped $1.713 bn to $651.997 bn for the week ended June 28. Finance Minister Nirmala Sitharaman wrapped up consultations with industry and social sector representatives ahead of presenting her seventh Union Budget on July 23. Mutual Fund Corner ICICI Pru Energy Opportunity Fund An open ended High Aggressive Thematic NFO which helps investors to invests in instruments of companies engaged in and/or expected to benefit from the growth in traditional & new energy sectors & allied business activities Investments will go into sectors like Power Ancillaries, Oil Value Chain, Green Energy, Gas Value Chain and Power Value Chain This fund will benchmark Indian Energy TRI Index This is a Large Cap Biased scheme which invests in the above companies with long term basis To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 ) http://www.assetplus.in/partner/sathishkumar Stock of the Week BASF India CMP – 5460 Target –  6499 ( In 12 – 18 Month’s Time Frame) BASF India Ltd’s portfolio consists of six segments: Agricultural Solutions, Materials, Industrial solutions, Surface Technologies, Nutrition & Care and Chemicals It is a part of BASF group which have 110,000 employees globally in almost every country in the world. It generated sales of 60 billion euros in 2022. Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.17 times Healthy long term growth as Operating profit has grown by an annual rate 42.13% With a growth in Net Profit of 96.03%, the company declared Very Positive results in Mar 24 With ROE of 17.5, it has a Fair valuation with a 7.2 Price to Book Value Over the past year, while the stock has generated a return of 111.39%, its profits have risen by 43.8% ; the PEG ratio of the company is 0.9 Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST, DOW and OBV For your Equity recommendation – open a De Mat account with Angel Broking with this link https://app.aliceblueonline.com/openAccount.aspx?C=SSP03 This week Media Publications This week at Nanayam Vikatan – How safe is to do your Mutual Fund Purchase through online Apps? https://www.youtube.com/watch?v=QVg0vawakwEhttps://www.youtube.com/live/6L3X73iiiNIhttps://www.youtube.com/watch?v=70MgsqDT2lEhttps://www.youtube.com/watch?v=taerfbtgKNg Middle Class to Million Dollar Book Man and his struggle to generate and preserve wealth is eternal. One thing which is common among everyone in this society, that everyone has financial dream and aspiration to become Crorepati. Middle Class to Million Dollar is a guide to understand how simple and common sense in Personal Finance can help you to get wealthy Corpus.  Click here to purchase the book from Amazon Buy Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Book Online at Low Prices in India | Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Reviews & Ratings – Amazon.in To Buy my Untold Wealth Secret Book from Flipkart Untold Wealth Secrets: Buy Untold Wealth Secrets by Sathish Kumar at Low Price in India | Flipkart.com Facebook Youtube Whatsapp Instagram Linkedin This Newsletter is from Creating Wealth Company – For Private Circulation only. For

Weekly Wealth Report 1st July 2024 (Weekly Wealth Newsletter and a Private Circulation from Creating Wealth Company)                                                                                Curated by Mr. Sathish Kumar Founder – Creating Wealth Company Crorepathi Creator | Financial Consultant | Author | Speaker | Columnist | Youtuber Phone – 9841058689    Mail – creatingwealthadvisory@gmail.com      Web – www.sathishspeaks.com Issue 149, Weekly Wealth Newsletter: 1st July 2024 – 8th July 2024 FII Turns Net Buyers in June 2024, Is this the Biggest Bull Run in Stock Market? After 2 Months of Outflows, FPI’s turn net buyers with 26,565 Crore in June, driven by political stability and sharp rebound in Economic Indicators. FII’s are pouring money into India at the cost of China, brazil, Taiwan and South Korea. Bulls on charge Sensex nearing 80,000 and Nifty crossed 24,000. Looking ahead the attention will gradually shift towards Union Budget and Q1 Earnings for Financial Year 25. On Investing Mark Mobius said “You always have to keep in mind that the best way is to get the value is to do what other people is not doing” Mark Mobius, Billionaire Investor, said that he is confident that the bull run in Indian stock markets is intact. Sensex can even hit the 1 lakh mark before PM Modi finishes his third term and Sensex to grow at a pace of 15% over next 10 Years. Don’t miss out on this opportunity to ride this wave. Call us @ 78100 79946 to start your Investments Weekly Market Update Domestic equity markets rose for the fourth consecutive week as key benchmark indices BSE Sensex and Nifty 50 rose 2.36% and 2.17%, respectively. The rally was broad-based, as the mid-cap segment and the small-cap segment also closed the week in green. Domestic equity markets rose during the week as investors’ sentiment was underpinned after the central bank data showed that India’s current account balance recorded a surplus of $5.7 billion or 0.6% of GDP in Q4 FY24, driven by a lower merchandise trade deficit. Meanwhile, markets key benchmark indices progressed to hit fresh milestones supported by information technology and energy stocks. However, gains were capped due to profit booking ahead the release of the U.S. personal consumption expenditure inflation data of May 2024, which will provide more clarity on interest rate trajectory by the U.S. Federal Reserve. Rising global crude oil prices also restricted the gains. On the BSE sectoral front, BSE IT rose 2.15% on expectation of revival in the information technology sector following its U.S. peers. Oil & gas shares also witnessed demand as BSE Oil & Gas rose 2.11%. Mutual Fund Corner ICICI Value Discovery Fund This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than market. This is managed directly by Mr Shankar Naren, CIO of ICICI Prudential AMC. This fund needs 5 – 7 years of Horizon as the value fund needs higher duration than normal equity funds To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 ) http://www.assetplus.in/partner/sathishkumar Stock of the Week HDFC Bank CMP – 1696 Target – 1999 ( In 12 – 18 Month’s Time Frame) HDFC Bank is a publicly held banking company, the bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. It is engaged in providing a range of banking and financial services including retail banking, wholesale banking and treasury operations. Strong Long Term Fundamental Strength with an average Return on Assets (ROA) of 1.75% With a growth in Interest of 58.41%, the company declared Very Positive results in Mar 24 HDFC Bank has delivered positive results for last 11 Quarters With ROA of 1.7, it has a Fair valuation with a 2.9 Price to Book Value Natco Pharma has High Institutional Holdings at 72% The Bank has a high Capital Adequacy Ratio of 17.12% signifying high buffers against its risk-based assets The stock is trading at a discount compared to its average historical valuations For your Equity recommendation – open a De Mat account with Angel Broking with this link https://app.aliceblueonline.com/openAccount.aspx?C=SSP03 This week Media Publications This week at Nanayam Vikatan – Should you take a Home Loan for your New House Purchase? https://www.youtube.com/watch?v=bfXEueUcEDchttps://www.youtube.com/watch?v=Q8Ss6Mv9RTMhttps://www.youtube.com/watch?v=tDrD1Lzlj6Ihttps://www.youtube.com/watch?v=taerfbtgKNg Middle Class to Million Dollar Book Man and his struggle to generate and preserve wealth is eternal. One thing which is common among everyone in this society, that everyone has financial dream and aspiration to become Crorepati. Middle Class to Million Dollar is a guide to understand how simple and common sense in Personal Finance can help you to get wealthy Corpus.  Click here to purchase the book from Amazon Buy Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Book Online at Low Prices in India | Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Reviews & Ratings – Amazon.in To Buy my Untold Wealth Secret Book from Flipkart Untold Wealth Secrets: Buy Untold Wealth Secrets by Sathish Kumar at Low Price in India | Flipkart.com Facebook Youtube Whatsapp Instagram Linkedin This Newsletter is from Creating Wealth Company – For Private Circulation only. For more information connect with Sathish Kumar @ 9841058689 You can also connect with us investments@sathishspeaks.com Visit – www.sathishspeaks.com for More Details. Disclaimer Mutual Funds and Stock Market Investments are subject to market risks, pls read all scheme-related documents carefully. The past performance of the mutual fund is not necessarily indicative of future performances. Mutual fund does not guarantee any returns or dividends. This report is for informational purposes only and contains information, opinions, and material obtained from reliable sources every effort has been made to avoid errors and omissions and is not to be construed as advice or an

Weekly Wealth Report 24th June 2024 (Weekly Wealth Newsletter and a Private Circulation from Creating Wealth Company)                                                                                Curated by Mr. Sathish Kumar Founder – Creating Wealth Company Crorepathi Creator | Financial Consultant | Author | Speaker | Columnist | Youtuber Phone – 9841058689    Mail – creatingwealthadvisory@gmail.com      Web – www.sathishspeaks.com Issue 148, Weekly Wealth Newsletter: 24th June 2024 – 1st July 2024 Fastest Growing AMC “Quant” is facing SEBI Inquiry, What an investor should do now? Another Front Running inquiry from SEBI, this time it is from Quant Mutual Fund. Quant is one of the fastest growing Asset Management Company with 90,000 Crore of AUM. SEBI has conducted raids at Mumbai Head Quarters and suspected beneficial ownership in Hyderabad on the grounds of Front Running activity. Front running (in the current context) is when a fund manager and their associates buy shares in their personal account(s) before a fund purchases the shares. Since the fund would place a large order, the price will move up. So, the employees would get an immediate gain that can be sold off. Naturally, this is illegal and unethical and is banned by SEBI. We advise against any knee-jerk reactions, such as redemptions, until there is more clarity from the regulator or the mutual fund company. It’s important to note that, unlike individual stocks that may experience significant drops in response to such news, mutual fund investors are generally not impacted in the same way since mutual funds are essentially pass-through vehicles. The current investigation appears to pertain to the fund management process, not the stock portfolio of the funds being managed by the Asset Management Company (AMC). Call us @ 63795 18807 to Handpick High Performing Funds and Stocks for your Portfolio Weekly Market Update Domestic equity markets rose for the third consecutive week as key benchmark indices BSE Sensex and Nifty 50 rose 0.28% and 0.15%, respectively. The rally was broad-based, as the mid-cap segment and the small-cap segment also closed the week in green. Domestic equity markets reached a fresh high supported by a favourable view of the overall domestic economy, along with the hope for a prosperous rainy season. Gains were extended after the Swiss National Bank delivered another interest rate cut, reducing its policy rate by 25 bps to 1.25%. Investors’ focus remained on the upcoming Union budget along with progress of the monsoon for further cues. On the BSE sectoral front, BSE Bankex rose 3.22% led by private sector banks due to ‘valuation comfort’ over public sector banks and the return of foreign money. BSE IT increased 1.88% after a major U.S. based information technology firm provided a positive annual revenue growth forecast, indicating demand in the crucial U.S. marketplace Mutual Fund Corner ICICI Value Discovery Fund This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than market. This is managed directly by Mr Shankar Naren, CIO of ICICI Prudential AMC. This fund needs 5 – 7 years of Horizon as the value fund needs higher duration than normal equity funds To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 ) http://www.assetplus.in/partner/sathishkumar Stock of the Week HDFC Bank CMP – 1662 Target – 1999 ( In 12 – 18 Month’s Time Frame) HDFC Bank is a publicly held banking company, the bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. It is engaged in providing a range of banking and financial services including retail banking, wholesale banking and treasury operations. Strong Long Term Fundamental Strength with an average Return on Assets (ROA) of 1.75% With a growth in Interest of 58.41%, the company declared Very Positive results in Mar 24 HDFC Bank has delivered positive results for last 11 Quarters With ROA of 1.7, it has a Fair valuation with a 2.9 Price to Book Value HDFC Bank has High Institutional Holdings at 72% The Bank has a high Capital Adequacy Ratio of 17.12% signifying high buffers against its risk-based assets The stock is trading at a discount compared to its average historical valuations For your Equity recommendation – open a De Mat account with Angel Broking with this link https://app.aliceblueonline.com/openAccount.aspx?C=SSP03 This week Media Publications This week at Nanayam Vikatan – Should you switch your Mutual Fund Schemes frequently for High Returns? https://www.youtube.com/watch?v=rAFwSjXcKUkhttps://www.youtube.com/watch?v=Q8Ss6Mv9RTMhttps://www.youtube.com/watch?v=Pjc-Byv38kchttps://www.youtube.com/watch?v=Uj7TCfGWGqchttps://www.youtube.com/watch?v=Ra7fXuKcwqI Middle Class to Million Dollar Book Man and his struggle to generate and preserve wealth is eternal. One thing which is common among everyone in this society, that everyone has financial dream and aspiration to become Crorepati. Middle Class to Million Dollar is a guide to understand how simple and common sense in Personal Finance can help you to get wealthy Corpus.  Click here to purchase the book from Amazon Buy Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Book Online at Low Prices in India | Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Reviews & Ratings – Amazon.in To Buy my Untold Wealth Secret Book from Flipkart Untold Wealth Secrets: Buy Untold Wealth Secrets by Sathish Kumar at Low Price in India | Flipkart.com Facebook Youtube Whatsapp Instagram Linkedin This Newsletter is from Creating Wealth Company – For Private Circulation only. For more information connect with Sathish Kumar @ 9841058689 You can also connect with us investments@sathishspeaks.com Visit – www.sathishspeaks.com for More Details. Disclaimer Mutual Funds and Stock Market Investments are subject to market risks, pls read all scheme-related documents carefully. The past performance of the mutual fund is not necessarily indicative of future performances. Mutual fund does not guarantee any returns or dividends. This report is for informational purposes only and contains

Weekly Wealth Report 10th June 2024 (Weekly Wealth Newsletter and a Private Circulation from Creating Wealth Company)                                                                                Curated by Mr. Sathish Kumar Founder – Creating Wealth Company Crorepathi Creator | Financial Consultant | Author | Speaker | Columnist | Youtuber Phone – 9841058689    Mail – creatingwealthadvisory@gmail.com      Web – www.sathishspeaks.com Issue 146, Weekly Wealth Newsletter: 10th June 2024 – 17th June 2024 Will PM Modi’s 3.0 Economic Agenda move Sensex to 1,00,000? Although the Stock Market are concerned with lesser Majority carrying our Prime Minister to carry out large scale Growth Reforms, Analysts are confident that the bull run is intact and even the Sensex will hit 1,00,000 before he completes his third term Investors expect Finance Ministry to carry out Disinvestment, Rationalisation of GST, Regulating Crypto, Sustain Inflation, Revive Farm Sector. Commerce & Industry to accelerate and deepen services export and to continue PLI incentive to spur Foreign Investments Our India’s Infrastructure is fast pacing and investors expect the same to continue and develop NH construction with quality and timely completion. Railways is expected to increase the capacity to move cargo and more passengers. Expediting Vande Bharat and Amrit Bharat are in focus. Power Industry to bring in new private players for improved service Electronics & IT is expected to kick start with new ministries and dominating scale in Laptop & Mobile Manufacturing Call us @ 63795 18807 to Handpick High Performing Funds and Stocks for your Portfolio Weekly Market Update Domestic equity markets rose after witnessing fall in the previous week as key benchmark indices BSE Sensex and Nifty 50 rose 3.69% and 3.37%, respectively. The rally was broad based as the mid-cap segment and the small-cap segment both closed the week in green. Domestic equity markets started the week on higher note in the wake of an optimistic election outcome following the exit poll results which indicated a strong majority in favor of the incumbent party alliance at the Centre There was also some cheer on the economic front as government data revealed that India’s GDP growth surpassed all expectations and stood at 7.8% in the fourth quarter of FY24. Domestic equity markets rebounded sharply as investors absorbed the Lok Sabha election results and shifted their focus to fundamentals and developments around government formation. Gains were extended after the RBI left the repo rate unchanged at 6.50% and revised the GDP growth rate of domestic economy upward to 7.2% from 7.0% for FY25. The RBI projected real GDP growth for 2024-25 at 7.2% with Q1 at 7.3%, Q2 at 7.2%, Q3 at 7.3%, and Q4 at 7.2%, with the risks are evenly balanced. The Manufacturing Purchasing Managers’ Index eased slightly to 57.5 in May 2024 compared to 58.8 in Apr 2024 Mutual Fund Corner Upcoming NFO’s on the Rising Market Mutual Fund companies will never cease to introduce NFO’s, especially when the sentiments are positive and when the Stock Markert is at Life Time High. Sundaram Business Cycle Fund Helios Financial Services Fund Mahindra Manulife Manufacturing Fund Motilal Oswal Multi Cap Fund JM Small Cap Fund  But is it worth adding new funds to your existing portfolio?  It is best to continue with the existing schemes for your surplus, because  NFO’s has the risk of Market Timing, No Novel Ideas, No differentiation and of course No Past Performance Track record. To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 ) http://www.assetplus.in/partner/sathishkumar Stock of the Week Natco Pharma CMP – 1113 Target –  1399 ( In 12 – 18 Month’s Time Frame) NATCO Pharma Limited (NATCO) is a vertically integrated research and development focused on niche opportunities in the US. Company is focused on high-barrier-to-entry products Natco Pharma is a NIL Debt Company With a growth in Net Profit of 81.62%, the company declared Very Positive results in Mar 24 With ROE of 23.7, it has a Very Attractive valuation with a 3.3 Price to Book Value Natco Pharma has High Institutional Holdings at 25.84% The company has declared positive results for the last 5 consecutive quarters ROCE(HY) Highest at 27.20 % For your Equity recommendation – open a De Mat account with Angel Broking with this link https://app.aliceblueonline.com/openAccount.aspx?C=SSP03 This week Media Publications This week at Nanayam Vikatan – Should you switch your Mutual Fund Schemes frequently for High Returns? https://www.youtube.com/watch?v=Ra7fXuKcwqIhttps://www.youtube.com/watch?v=qWB7F1dBz9ghttps://www.youtube.com/watch?v=tz2Cg30iMoYhttps://www.youtube.com/watch?v=3fFIBc3yopY Middle Class to Million Dollar Book Man and his struggle to generate and preserve wealth is eternal. One thing which is common among everyone in this society, that everyone has financial dream and aspiration to become Crorepati. Middle Class to Million Dollar is a guide to understand how simple and common sense in Personal Finance can help you to get wealthy Corpus.  Click here to purchase the book from Amazon Buy Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Book Online at Low Prices in India | Middle Class to Million Dollar / மிடில் கிளாஸ் முதல் மில்லியன் டாலர் வரை Reviews & Ratings – Amazon.in To Buy my Untold Wealth Secret Book from Flipkart Untold Wealth Secrets: Buy Untold Wealth Secrets by Sathish Kumar at Low Price in India | Flipkart.com Facebook Youtube Whatsapp Instagram Linkedin This Newsletter is from Creating Wealth Company – For Private Circulation only. For more information connect with Sathish Kumar @ 9841058689 You can also connect with us investments@sathishspeaks.com Visit – www.sathishspeaks.com for More Details. Disclaimer Mutual Funds and Stock Market Investments are subject to market risks, pls read all scheme-related documents carefully. The past performance of the mutual fund is not necessarily indicative of future performances. Mutual fund does not guarantee any returns or dividends. This report is for informational purposes only and contains information, opinions, and material obtained from reliable sources every effort has