Weekly Wealth Report
Issue 154, Weekly Wealth Newsletter: 5 th Aug 2024 – 12th Aug 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 154, Weekly Wealth Newsletter: 5th Aug 2024 – 12th Aug 2024
Sensex started falling from its peak,
How to protect my Portfolio and Where to Invest now?
Despite the Stock market is at Life Time High, Fund Managers are optimistic on Indian Stock Market, but there is a word of Caution.
Review & Rebalance
Check your existing Asset Allocation, if you have thematic funds like PSU, Infrastructure & Defence, Pls check their allocation and the latest earnings from Q1. It’s the time to Review & Rebalance your Portfolio is you are a high Aggressive Investor.
Equity Schemes & Its Valuations
Invest in the market as per your risk appetite, have a long-term horizon, significantly moderate your return expectations, and follow asset allocation. If you have Small Cap Participation more than 20%, its time to look at replacing the excess with Business Cycle or Flexi Categories
SIP and STP’s
Your SIP’s & STP’s must continue and review your existing SIP Performance.
Call us @ 63795 18807 to Handpick High Performing Funds and Stocks for your Portfolio
Weekly Market Pulse
- Sensex fell 2400 Points Intraday, 5th Aug.
- Indian stock markets crumbled in early hours on Monday as global peers melted amid weak US jobs data and growing signs of a Iran-Israel war in the Middle East.
- Domestic equity markets fell last week after witnessing rise for the eighth consecutive week as key benchmark indices BSE Sensex and Nifty 50 fell 0.43% and 0.47%, respectively. The small cap segment
closed the week in red, however, the mid-cap segment closed the week in green.
Markets slipped from its peak levels and erased all the gains that wereaccumulated throughout the week after weak U.S. manufacturing data of Jul 2024 along with mixed earnings from U.S. tech companies sparked worries about a recession in the U.S.
All eyes now remain on the U.S. payrolls data that could shed some more light on the state of the economy and the Fed’s interest rate trajectory.
Mutual Fund Corner
Invesco India Manufacturing Fund NFO
India’s economy is geared up to reach US$ 9 trillion by 2034, and the manufacturing sector will drive this next wave of growth.
What makes India a preferred manufacturing destination?
- Strong Domestic Demand
- Economies of Scale due to Volume Growth
- Export Potential
- Improving Access to Capital and Funds
- Low Labour Costs and abundant Talent Pool
- Government Reforms and Push for Manufacturing
Key factors used in the model – Growth, Quality, Value & Momentum.
The model helps in constructing a portfolio of 50 – 60 Stocks that are doing well in Modern Age Manufacturing.
Stock of the Week
HDFC Bank CMP – 1611 Target – 1999 ( In 12 – 18 Month’s Time Frame)
- HDFC Bank is India’s largest private sector bank by assets and the world’s tenth-largest bank by market capitalization as of May 2024. As of April 2024, HDFC Bank has a market capitalization of $145 billion, making it the thirdlargest company on the Indian stock exchanges.
- Strong Long Term Fundamental Strength with an average Return on Assets (ROA) of 1.75%.
- With a growth in Interest of 50.31%, the company declared Very Positive results in Jun 24.
- High Institutional Holdings at 82%.
- With ROA of 1.8, it has a Fair valuation with a 2.8 Price to Book Value.
- The company has declared positive results for the last 12 consecutive quarters.
- The Bank has a high Capital Adequacy Ratio of 17.12% signifying high buffers against its risk based assets.
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
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.
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
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 offer to act on views expressed therein or an offer to buy and/or sell any securities or related financial instruments, we shall not be responsible and/or liable to anyone for any direct or consequential use of the contents thereof. Reproduction of the contents of this report in any form or by any means is prohibited.
