Skip to main content

Best performing Asset classes of 2019


BRENT CRUDE |
  • Price as on December 31, 2018: $54 per barrel |
  • Price as on December 13, 2019: $65 per barrel |
  • Return: 21.39 percent |
  • NAV (if you had invested Rs 10,000 at the beginning of the CY19): Rs 12,139

 GOLD |
  • Price as on December 31, 2018: Rs 31,750 per 10 gram |
  • Price as on December 13, 2019: Rs 37,870 per 10 gram |
  • Return: 19.28 percent |
  • NAV (if you had invested Rs 10,000 at the beginning of the CY19): Rs 11,928

 EQUITIES |
  • Nifty50 as on December 31, 2018: 10,863 |
  • Nifty50 as on December 31, 2019: 12,087 |
  • Return: 11.27 percent |
  • NAV (if you had invested Rs 10,000 at the beginning of the CY19): Rs 11,127

 PUBLIC PROVIDENT FUND |
  • Return/Interest: 7.9% pa | 
  • NAV (if you had invested Rs 10,000 at the beginning of the CY19): Rs 10,790

BANK FIXED DEPOSIT |
  • Avg rate offered by Indian banks: 6.5 percent |
  • NAV (if you had invested Rs 10,000 at the beginning of the CY19): Rs 10,650

CURRENCY (Rupee) |
  • Value as on December 18, 2019: Rs 71.063 per dollar |
  • Value as on December 31, 2018: 69.57 |
  • Return: (-) 2.14% | 
  • NAV (if you had invested Rs 10,000 at the beginning of the CY19): Rs 9,786



Comments

Post a Comment

Popular posts from this blog

RBI at rescue again

In short,  RBI’s first was March 27 th - cut interest rates by 75 bps and other relief was Moratorium. RBI’s second booster dose- cuts Reverse Repo rate by 25 bps to 3.75%. What is Reverse Repo rate? – Rate at which the RBI borrows money from banks. Expensive for banks not to lend. Positive move for corporates and borrowers To conduct TLTRO 2.0 for an aggregate amount of Rs. 50, 000 Crore to begin with. Liquidity booster for NBFCs and HFCs – At least 50% of amount must go to mid and small sized NBFCs and MFIs. Standard loans as of March 1, need not be classified as NPA till May 31. Banks required to maintain additional provisioning of 10% on standstill accounts. No monetization of deficit. No direct lending to NBFCs. No Repo against corporate bonds.   Now the jargon behind this move, the reverse repo rate is the rate at which banks when they have nothing to do with the money, give it to RBI and RBI gives them just 3.75%. Now unt...
Post a Comment
Read more

Banking Sector Earnings Outlook

Welcome to our weekly newsletter, where we bring you the latest insights and trends from the world of finance. This week, our focus is on the upcoming quarterly earnings season, with particular emphasis on the banking sector. It appears that listed firms are poised to deliver another impressive set of numbers, although the pace of growth may vary across sectors. Amidst the noise and excitement, we have identified two key data points that can provide valuable insights for investors. Data Point 1:   Loan Interest Rates The share of loans with interest rates of 9 percent and above has risen to 56.1 percent as of January-March FY23, up from 39 percent in the previous quarter (FY22 Q4). This data point highlights the scope for bank earnings this season. Banks generate revenue by charging interest on loans they provide and paying interest on deposits they receive. The difference between the two is their earnings. While the potential for further lending rate increases is limited, as muc...
Post a Comment
Read more

Immaculate Disinflation and Its Challenges in India and Globally

  Dear Readers, The term "immaculate disinflation" has gained significant attention lately, especially as global inflation rates start to come down. Economist Paul Krugman coined the term, which refers to disinflation without an increase in unemployment. However, disinflation has not been entirely painless for everyone, as some beleaguered regional banks in the US face a slow run on their deposits. In India, retail inflation for April was 4.7%, the lowest since October 2021, due mainly to the base effect. However, month-on-month retail inflation increased from 0.23% in March to 0.51% in April, indicating that price pressures continue, despite the year-on-year optics. Similarly, the CMIE Core index, which excludes food, fuel, light, and fuel for vehicles, fell from 6.2% in March to 5.9% in April, but went up month-on-month from 0.27% to 0.58%, indicating that companies still have pricing power. The Index of Industrial Production (IIP) numbers indicate that disinflation h...
Post a Comment
Read more