WHERE TO INVEST IN DOWN MARKET PERIOD

 Multi Asset Allocation Funds are mandated by SEBI to invest in at least 3 or more asset classes.

 Minimum allocation to each asset class will be 10%.

 Nippon India Multi Asset Allocation Fund is a "true to label multi asset fund" as it invests in 4 asset classes:- 

 • Equity Allocation - Multi Cap investment strategy, blend of growth and value stocks, large cap bias, focus on alphas creation through stock selection.

 •  Debt Allocation - Debt portfolio is managed with a moderate duration; duration range of 1.25 – 2.25 years, predominantly invest in high credit quality assets, focused on Accrual Income. 

 • Commodities allocation – The fund invests in Exchange Traded Commodity Derivatives (ETCDs). Maximum commodity exposure will be 20%. Minimum 10% investment in gold through ETFs / ETCDs. 5 – 10% exposure to other commodities. 

 • Overseas equity allocation - Investment across geographies through investment in MSCI World Index. Overseas equities could act as an effective diversification tool as well as benefit from any currency depreciation. The fund has stopped investments in overseas securities with effect from 1st April 2024 as per SEBI’s mandate. 

 The fund was launched in August 2020 and is among the Top 3 Multi Asset Allocation Funds.

Nippon India Multi Asset Fund is one the very few multi asset allocations funds which has allocations to international equities. 

The chart below shows the 1 year rolling returns of Nippon India Multi Asset Allocation Fund versus the Multi Asset Allocation Funds category average since the inception of the fund. 

You can see that the fund was able to consistently outperform the category average over the last 2 – 2.5 years. 

Though this fund was slightly more volatile than the Balanced Advantage Fund, it was able to give 12%+ CAGR returns in more than 65% of the instances (observations) across different market conditions since its inception.

Source: Advisorkhoj Research From

TAXATION

DIGITAL FRAUDS IN A NUTSHELL

*All scams summarised and shown below. Stay alert.*

*10 Common Tricks Used by Scammers: Beware and Stay Safe*

Scammers target people of all ages, but middle-aged and elderly individuals are particularly vulnerable. Be cautious and aware of these common tricks:

1. *TRAI Phone Scam*: Fraudsters claim to be from TRAI, stating your mobile number is linked to illegal activities, and services will be suspended.

    - Reality: TRAI doesn't suspend services; telecom companies do.

2. *Parcel Stuck at Customs*: Scammers claim a parcel with contraband has been intercepted and demand payment.

    - Action: Disconnect and report the number.

3. *Digital Arrest*: Fake police officers threaten digital arrest or online interrogation.

    - Reality: Police don't conduct digital arrests or online interrogations.

4. *Family Member Arrested*: Scammers claim a relative will be arrested and demand payment.

    - Action: Verify with family members before taking action.

5. *Get Rich Quick Trading*: Social media ads promise high returns on stock investments.

    - Reality: High-return schemes are likely scams.

6. *Easy Tasks for Big Rewards*: Scammers offer high sums for simple tasks, then ask for investment.

    - Reality: Easy money schemes are scams.

7. *Credit Card Issued in Your Name*: Fake executives confirm large transactions on bogus credit cards.

    - Action: Check with your bank.

8. *Mistaken Money Transfer*: Scammers claim incorrect transactions and ask for refunds.

    - Action: Verify transactions with your bank.

9. *KYC Expired*: Scammers ask for KYC updates via links.

    - Reality: Banks require in-person KYC updates.

10. *Generous Tax Refund*: Fraudsters pose as tax officials, asking for bank details.

    - Reality: Tax departments already have bank details and communicate directly.

*Stay Safe:*

1. Verify information before acting.

2. Don't click suspicious links.

3. Confirm transactions with banks.

4. Report suspicious calls/numbers.

5. Be cautious of high-return schemes.

6. Update KYC in-person.

7. Don't share personal/bank details.

*Report Scams:*

1. National Consumer Helpline (1800-11-4000)

2. Cyber Crime Reporting Portal (cybercrime.gov.in)

3. Local Police Station

Stay informed, stay vigilant!

Issued in public interest!!

STAR HEALTH DATA LEAK - CAUTION AND PROTECT YOURSELF

*Star Health Insurance Data Leak:* 

*A Major Breach*

Star Health Insurance, one of India's largest health insurers, recently suffered a significant data breach, compromising the sensitive personal and insurance details of over 31 million customers. 

The incident highlights the growing threat of cyberattacks on healthcare providers and the potential risks to individuals when their personal health information is exposed.

*Modus Operandi*

The exact methods used by the hackers to access the data are still under investigation.

However, the leaked data reportedly includes:

 *Customer names*

 *PAN numbers*

 *Mobile numbers*

 *Email addresses*

 *Policy details*

 *Birthdates*

 *Confidential medical records*

The leaked data has been shared on various platforms, including Telegram, where it is being sold by the hackers. 

This poses a significant risk to individuals, as their *personal and medical information could be used for identity theft*, *financial fraud, or other malicious purposes*.

*Risks Involved*

The data breach has exposed Star Health customers to a range of risks, including:

 *Identity theft: Hackers could use the stolen information to create fake identities and commit fraud.*

 *Financial fraud:* Hackers could use the stolen information to access bank accounts or credit cards.

 *Medical identity theft*: Hackers could use the stolen medical information to obtain medical services or drugs under false pretenses.

 *Discrimination*: The leaked medical information could be used to discriminate against individuals, for example, by insurance companies or employers.

*Other Details*

 * Star Health has acknowledged the data breach and has launched an investigation into the incident.

 * The company has also filed a lawsuit against Telegram and the hacker responsible for the leak.

 *The Indian government has taken note of the incident and is investigating the matter*

This incident serves as a stark reminder of the importance of protecting personal data.

Individuals should be vigilant about protecting their information and take steps to minimize their risk of identity theft and fraud.

      - *Shree Investments* 

For knowledge and safeguarding our Investment purpose.

ADVICE TO FIRST TIME INVESTORS

Why conservative hybrid funds are suitable for first time or risk averse investors? 

Simple asset allocation maths will demonstrate why conservative hybrid funds are suitable for first time investors.

 Let us assume that a conservative hybrid fund has 80% allocation to debt and 20% allocation to equity. 

 Let us assume the debt as an asset class gives 7% annualized return. 

 So in a year, the debt portion of the fund will contribute 5.6% to the fund’s returns. 

 If the equity return is 15% in a year, then the equity portion will contribute 3% to the fund’s returns. 

 So the overall return will be 8.6%. 

 Let us now assume that in the next year, equity market fell by 20%. 

 In that year, the return of the equity portion of the fund will be -4%, but the return of the debt portion will be 5.6%. 

 So the return of the hypothetical conservative hybrid fund will be 1.6% (5.6% - 4%) i.e. the return is still positive despite the large correction in equities. 

 You can see that conservative hybrid funds can limit downside risk of investors in bear markets. 

 Stability is a very important factor in investor experience because behavioural biases in the extreme volatility can lead the investor to make decisions, which harm their long term financial interests.

 Over sufficiently long investment tenures, conservative hybrid funds have the potential of generating inflation beating returns. 

  One such example is SBI Conservative Hybrid Fund. 

 SBI Conservative Hybrid Fund has a track record of more than 23 years with an AUM base of more than Rs 10,000 crores as on 31st August 2024 (source: SBIMF Fund Factsheet). 

 The fund has outperformed its benchmark index (Nifty 50 Hybrid Composite Debt 15:85 Index) over different investment periods.

Who should invest in SBI Conservative Hybrid Fund? 

1. Investors who want to get higher returns than traditional fixed income investments without taking high risks. 

 2. Investors with moderate to moderately high risk appetites. 

 3. First time investors can invest in this fund with long investment horizon. 

 4. Investors who have at least 3 – 5 years investment horizon. 

 5. Investors should consult with their financial advisors or mutual fund distributors before investing in SBI Conservative Hybrid Fund. 

 Mutual Fund Investments are subject to market risk, read all scheme related documents carefully

Value Added Services Available for MUTUAL FUND SIP's

1. *SIP PAUSE* - Can be availed only two times during the period of SIP Registered. Once opted , that pause can not be cancelled. 

2. *SIP MODIFICATION* -SIP instalment can be modified with in the Mandate already given 

3. *SIP CANCELLATION* - SIP Cancelled by investor by giving request 10 days before the next installment date. 

4. *MISSED SIP FACILITY* - Link will be generated and paid for missed instalments 

5. *CORPORATE SIP -* Employer to make investment for employees in to selected AMC Schemes .KYC of all employees and Employer is mandatory.

How to benefit from SIP Mutual funds

There are two main benefits that you can immediately see when you invest through *SIP Mutual Funds*

Your money is being managed "*Professionally*" which is a relief for many and you have made an investment which instantly "*Diversifies*" your portfolio.

*In spite of having those benefits, not everyone becomes wealthy by investing through SIP Mutual Funds*.

Mostly they took investment decisions on their own , and redeemed the investment amount on their own due to their personal financial Behaviour their by loosing the opportunity to create wealth . 

For example, many investors panic when the markets fluctuate and exit early before the term of their investments reach their goal.

If you want to build wealth through SIP Mutual Funds, you need to have a plan tagged with your investment and develop some "good habits".

Here are some of the habits.

*Identify a Your personal Mutual fund distributior 

He will guide to avoid loss due to behavioural decision as below* ::-

* Start early and invest consistently

* Tag your SIP Mutual Funds investments to a long or short-term goal.

* Diversify your SIP Mutual Fund investments.

* Don't panic during market fluctuating time, just keep calm and stay invested.

* Assess your current level of risk tolerance before investing in a SIP Mutual Funds.

To be able to reap benefits of SIP Mutual Funds when markets do recover, it is important to remain invested patiently during market correction.