Sumaira Abidi Profile picture
VP-PR & Investor Connect, SBI Mutual Fund. Ex CNBC-TV18. Pls don't ask for recommendations. Views are my own. Instagram: abidisumaira
Oct 6, 2021 4 tweets 1 min read
Today is WORLD FINANCIAL PLANNING DAY. Here is a list of 20 key things to do to jumpstart your plan by @FPSB
-Improve your financial literacy
-Start a money journal
-Write down long-term life & financial goals
-Reconcile your bank accounts
-Compare interest rates for savings a/c - Make an extra credit card payment
- Determine your net worth
- Estimate how much money you need to retire
- Organize important household & financial accounts
- Create a budget & track your spending
- Automate your savings & investments
- Contribute to a retirement savings plan
Sep 11, 2020 4 tweets 2 min read
Here's what experts tell @CNBCTV18News about the likely impact - a thread
- currently, large caps acc for approx 73% of allocation in multi cap funds, modcaps acc for approx 21% and small caps acc for about 6%
#mutualfunds #investing #market - assuming funds will still want to keep 50% in large caps, it means 23% will move from large cap stocls to mid and small caps
- that sources say is about Rs 32,000 cr of movement in stocks over 4-5 mths
- edelweiss est shift of Rs 240 bn from large to small cap stocks
May 15, 2020 4 tweets 3 min read
THREAD 1/4
Update from @FTIIndia
- Continue to receive inflows regularly
- See marked reducaiton in borrowing levels of some funds
- Attempt continues to sell down securities before maturity date
#mutualfunds #FranklinTempleton #investing #COVID @FTIIndia update 2/4
- Liabilities will be discharged before returning money to investors
- Discharge of liabilities ahead of repayment to investors DOES NOT mean that returns will be diminished
- Unit holders have to authorise trustees regarding next steps
Jun 7, 2019 5 tweets 4 min read
BIG BREAKING!
Kapil Wadhawan #DHFL to @CNBCTV18Live
- Delay in NCD payment is not a solvency issue
- Have underlying assets generating cashflow
- There was a sudden stoppage of availability of credit for DHFL post the Sep 2018 crisis
1/many Kapil Wadhawan #DHFL to @CNBCTV18Live
- On track to pay 100 cr redemption due today
- Delayed 960 cr NCD payment due to asset-liability mismatch; something that banks could also face
- Can understand that investor confidence is shaken
2/many #mutualfunds