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Wednesday, October 30, 2013

RBI announcements to bring a temporary cheer?

As expected yesterday, the RBI chief did come out with some key measures which will be instrumental towards curbing inflation. He increased the repurchase rate by 25 basis points, or 0.25 percentage point, yesterday to 7.75 percent, the second increase in two months. He also cut the marginal standing facility, or MSF, and bank rates by 25 basis points to 8.75 percent. These steps will ensure that there is enough liquidity in the market, observed Sachin Karpe.

Friday, October 25, 2013

Subsidy rollover really a gimmick?

Sachin Karpe feels that India’s subsidy reshuffle and rolling it over to the budget of next fiscal will see some strategic advantages.

The step is taken by finance minister P Chidambaram to portray the meeting of fiscal deficit target. The ballooning subsidies have always offered respite to the citizens of India but have continued to hurt the pockets of government. Due to the socio-political advantage it offers, subsidies have prevailed in important segments like fuel.

Friday, October 18, 2013

India one of the nations to have large number of HNIs: Sachin Karpe

Credit Suisse released its Global Wealth Report for 2013 with some surprising insights. Top 1% of the population owns 46% of the global wealth, which indicates a huge disparity in wealth distribution, cites Sachin Karpe.

Thursday, October 3, 2013

How should a youngster invest? : Part 1

Investment should ideally begin at an early stage when there are no responsibilities and one can easily divert funds for saving, advices SachinKarpe.

How should a youngster invest? : Part 4

Most people usually stop at comfort and never aspire to achieve more. They must be faced with some apprehensions that stops them from moving ahead, feels Sachin Karpe. To become rich, and not just comfortable, you need to think beyond an average investor. It is not merely about investing money but about

Multifamily offices in India, a brief by Sachin Karpe

Multifamily offices, a trend lesser known in India but soon-to-pick up, holds lot of opportunities for wealth managers, says Sachin Karpe. A veteran banker, SachinKarpe has set up India’s largest multifamily office in India. He gives a small brief on the business of MFOs in India.

Tuesday, October 1, 2013

How should a youngster invest? : Part 3

Once you have attained security of your investment, you are in a comfortable position to move ahead, opines SachinKarpe. Comfortable here would mean, staying comfortable without worrying much about having less money. A house of your own, a proper retirement plan, child education planning, health and medial planning are investments that will make you comfortable, explains SachinKarpe.

These goals can be achieved by investments in life insurances, mutual funds, SIPs, infrastructure bonds etc that help reduce your tax burden under Income Tax Act 1961 section 80cc, SachinKarpe tells us while educating on tax rebates. With these investments you can lead a comfortable and a content life. But to lead an abundant life, stay tunes to this space.