budget 2017 investment in equity and debt with a calculated risk

Union budget presented by our respected finance minister mr. arun jaitely on 1st feb 2017 is unique as compared with all the three budgets presented in consecutive years. first time ever the railway budget getting abolished and merged with union budget, a single budget for economy.

post demonetisation it was expected that budget will give some relevant news for the investors and the good news is that there is no bad news. overall budget provisions were more or less in sync with the stated objective of the government to move from reform to transform and create clean india.

the month of january was in actual sense dominated by three big change: 1. what donald trum will do after getting the throne? 2. what would be the impact of demonetisation on quarterly results? 3. would there be changes capital gains tax for domestic and FPI's both. it is really surprising that the large cap nifty index rose by 4.6%, midcap index rose by 7.4% and small cap surpasses the record of large cap and midcap and registered the growth of 9%. equity market were cautious because of ongoing elections but as we talk of investment in equity and debt with a minimal amount of risk, a systematic investment plan (SIP) in balanced fund would be a better option to go.

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