Weekly Wealth Report
Issue 174, Weekly Wealth Newsletter: 23th dec 2024 – 30th dec 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
Should you Invest in Thematic Funds?
Download this NewsLetter as a PDF
Sectoral & Thematic funds inflow are at the highest and witnessing exceptional inflow in 2024, in contrast to the other categories.
In terms of Assets Under Management (AUM) as well, the largest sub-category with the AUM stood at Rs 70,000 crore in 2024, contributing nearly 39% flows into the actively managed equity
mutual fund category.
If you look closer, most of the investors in this category are beginners and the they are purchasing these sectoral funds by assuming these funds will deliver same stellar returns which they have produced last Calendar year.
Beginners what they don’t understand is Investing in thematic funds does not offer enough diversification to counter broad-based price movements.
Also thematic funds has huge Market Timing risks. Predicting the success of the trends focused on by thematic funds can be difficult, and if your (or professional management’s) timing is off, you could face significant losses.
Successful investment strategy requires regular reviewing and investor should buy funds at lower levels you can always reach us @ 78100 79946 for your portfolio review and rebalance
Weekly Market Pulse
Domestic equity markets fell after posting gains for four straight weeks as key benchmark indices BSE Sensex and Nifty 50 fell 4.98% and 4.77%, respectively. The fall was broad-based as the mid-cap
segment and the small-cap segment both closed the week in red.
Domestic equity markets fell during the week as the U.S. Federal Reserve’s hawkish tone on interest rate cuts in 2025 dampened the market sentiment.
After slashing interest rates by 25 bps at Dec 2024 monetary policy meeting as widely expected, the U.S. Federal Reserve warned that it remains cautious about further rate cuts amid inflation concerns, as the central bank cautioned that inflation may take one to two years to return to the 2% target.
Losses widened due to the weakening rupee and heavy selling by foreign institutional investors.
On the BSE sectoral front, BSE Metal plunged 6.67% as steel stocks faced selling pressure after the Karnataka government tabled a bill to tax mines and mining land. The Bill proposes to levy a tax from Rs. 20 to Rs. 100 per tonne for different minerals
Mutual Fund Corner
Invesco Large & Mid Cap Fund
Invesco Large & Mid Cap Fund – An open ended equity scheme investing in both large cap and mid cap stocks
Fund Managers: Aditya Khemani & Amit Ganatra
Investment Strategy and Portfolio Construction Guidelines
• Invests in a combination of both growth and value stocks
• Bottom up and top-down approach to select stocks
• No cash calls – fully invested approach (Target 95%)1
• No. of holdings – 50-70 Stocks
• Capital appreciation over long-term
• Investments predominantly in equity and equity-related instruments of large and midcap companies
To invest in SIP & in Mutual Funds Click the link and start your investments instantly
( You can also call us @ 78100 79946 )
Stock of the Week
Garden Reach Ship Builders
CMP – 1548
Target – 1899 ( In 12 – 18 Month’s Time Frame)
Garden Reach Shipbuilders & Engineers Ltd is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. GRSE is a diversified, profit making and the first Shipyard in the country to export warships and delivered 100 warships to the Indian Navy and Indian Coast Guard.
Nil debt company
Healthy long term growth as Operating profit has grown by an annual rate 64.42%
The company has declared Positive results for the last 6 consecutive quarters
PAT(9M) At Rs 296.56 cr has Grown at 39.41%
NET SALES(Q) Highest at Rs 1,152.92 cr
Multiple factors for the stock are Bullish like MACD, Bollinger Band, KST, DOW and OBV
For your Equity Recommendation, Pls call us 78100 79946
This Week Media Publications
My Youtube Family is now with 1 Lakh Subscribers, 689 Videos, 54 Lakh Views and Counting. It is a dream to make investing Simpler, Profitable and Accessible to everyone!
Channel Link
My Book Publications
My First 1 Crore Club
Are you still dreaming to achieve a net worth of ₹1 crore?
Still dreaming how to make 1crore?
Still Wondering how a salaried person/professionals can make 1cr?
To all the questions in your mind here is the potential ways to build it through Mutual Funds, Stocks and Much More…
Still dreaming how to make 1crore?
Still Wondering how a salaried person/professionals can make 1cr?
To all the questions in your mind here is the potential ways to build it through Mutual Funds, Stocks and Much More…
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.