Issue of 12th Apr-18th Apr 2019
LEAD ARTICLE
financial magazines online
Why We Do Not Recommend FMPs & Lessons from the Current Crisis
Investors in debt schemes have woken up to another rude shock. Some fixed-maturity plans (FMPs) of Kotak Mutual Fund paid lower than the expected amount on maturity of the scheme. HDFC MF, also caught in the mess, chose to extend the maturity date of the one of its FMPs by 380 days.    Although asset management companies (AMCs) have... Read More
Debashis Basu and
Clinton Fernandes
CROSSHAIRS
An anonymous whistleblower, who claims to be part of the “senior management team at Deloitte, Haskins and Sells LLP (Deloitte)” and has been “privy to several internal irregularities in providing professional services to the IL&FS (Infrastructure Leasing & Financial Services) group” has...
STOCKS
The stock of Kovai Medical Center and Hospital (KMCH), a Coimbatore-based healthcare services company, which has been a great value creator, has declined significantly in the past few months. Is it worth buying? Kovai operates a multi-specialty hospital, with 862 operating beds at Coimbatore,...
Moneylife Digital Team
Guidelines  1. The Grader captures the first two of the three intrinsic factors that drive a stock: valuation, returns and growth. Since growth is volatile and difficult to capture through a metric, we have used only the first two factors. In place of growth, we have provided long-term...
Moneylife Digital Team
Stylam Industries makes laminates, exterior cladding, floorboards and solid surfaces. It exports nearly 70% of its production. In the past, Stylam has posted double-digit growth year-on-year (y-o-y), on the back of rising revenues and expanding margins. As a result, the stock has skyrocketed...
Moneylife Digital Team
FIXED INCOME
SREI Infrastructure Finance Limited (SIFL), a non-banking finance company (NBFC) plans to raise Rs500 crore through the issue of secured non-convertible debentures (NCDs). The proposed NCD issue will be the first tranche of a series of borrowings planned by the...
Moneylife Digital Team
LEGAL
Very soon, the holiday season will be upon us and families will be all set for their summer vacation. Most holiday destinations worth their star rating have a swimming pool these days and it is a magnet, both for serious swimmers as well as those who want to splash in the shallows or just...
MOBILE APPS
HEALTH
When considering risk factors responsible for most deaths around the world, you might think that smoking, or even high blood pressure, might top the list. But a major new study has revealed that unhealthy eating is responsible for one in five deaths equivalent to 11 million deaths...
Akshay Naik
MONEY FACTS
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