of Independent Financial Advisors

Foundation

Oct 2018

What's New?

Equity Market Performance during September 2018The rupee depreciation getting extended along with rising crude oil prices continued to haunt the equity markets during the month of September 2018. Both the benchmark indices, S&P BSE Sensex and Nifty 50, fell by around 6% during the month, as FII continued to be the net sellers. While the global markets were mostly positive during the month on the back of positive data, the Indian markets were guided by more by the domestic factors itself.

Almost all the sectoral indices gave negative returns to the investors during the month. However, S&P BSE IT Index gave marginally positive returns of 0.5% during the month, as a depreciating rupee helps them clock higher rupee revenues. The banking index, S&P BSE Bankex fell by around 12% due to liquidity and credit quality concerns in the financial sector. Even the Oil & Gas sector remained flat during the month even while the consumers continue to bear the brunt of rising crude oil prices and rupee depreciation.

As the Govt. took control of the troubled Company, the wide-spread liquidity concerns met with an assurance that Govt. and the regulatory agencies are there for economic stability and injecting liquidity into the markets, if required. Considering the volatile markets, large-cap stocks will be a preferred choice as against the high-beta mid cap and small cap stocks. Lying at low valuations, the investors must continue with their Systematic Investment Plans (SIPs) for their long-term financial plans.

Monthly SIP Inflows

02 Oct 2018

The equity markets were choppy and volatile during the month of September. Even while the markets have given up most of their gains for the current year and the investment portfolios of the recently joined investors must be buzzing red, the retail investors have continued to invest into the mutual funds as their trusted investment option. During the month of September 2018, an amount of Rs. 7,727 crores has been invested through SIPs which is 40% higher than the amount of Rs. 5,516 crores collected in September 2017. On a sequential basis, the SIP inflows were higher by around 0.90% than the SIP inflows in August 2018. Even while the pace of growth of SIP investments has reduced, the continuing growth reflects the sense of optimism. Around 61.02 lakh SIP accounts have been added during the first half of FY 2018-19 with average SIP amount being Rs. 3,165.

AUM Data - Investments in Mutual Funds While the industry rejoiced crossing an AUM of Rs. 25 lakh Crores in August, the month of September certainly brought some testing times for the sector. A default by one of the top-rated NBFCs triggered a sense of trust deficit into the liquidity management in the financial systems. As a result, there were heavy withdrawals from the debt funds which, however, may also be partially attributable to the routine withdrawals by the Corporates as a part of their treasury management to fund the advance tax and other quarterly payouts. The AUM decreased sequentially from Rs. 25.20 lakh crore as of 31st August 2018 to Rs. 22.04 lakh crore as of 30th September 2018. Even while the overall AUM decreased as a result of major debt fund withdrawals and correction in the equity markets, the net inflows into equity schemes (including arbitrage funds, balanced funds, and ELSS) were encouraging at Rs. 11,982 crores in September 2018 as compared to Rs. 8.553 crores during the previous month

03Oct 2018

FIFA Welcomes New Members

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General

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Founder

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Vaibhav Investment Advisory Services

Star AssetManagement Company

Lalit Somani

Kim� Money

Abhijit Anjanikumar Parikh

Kamlesh Hamir Dalal

Next Por�olio

Parveen Kumar Khosla

Ashish Sood

Sandeep Singh

Sanyam Agrawal

Rajeev Kumar Guglani

Sivaramakrishnan Movva

Gaurav Sharma

Subhlaxmi Financial Services

SRSG Investment Point

Ganesh Kashinath Jalgaonkar

Jagdeep Singh

Ashok Singh

Ravi Gupta

Vivek Kumar Manaktala

Sameer Goyal

Ni�n Dhingra

Ja�nder Pal Singh

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Mr. Manish Jain

Mr. Pankaj Upadhyay

Mr. Lalit Somani

Mr. Sandeep Kumar Kim�

Mr. Abhijit Anjanikumar Parikh

Mr. Kamlesh Hamir Dalal

Mr. Akshay Tiwari

Mr. Ashish Arora

Mr. Parveen Kumar Khosla

Ms. Shikha Sharma

Mr. Ashish Sood

Mr. Satbir Goyal

Mr. Sandeep Singh

Mr. Naresh Premchand Maru Mr. Sanyam Agrawal

Mr. Rajeev Kumar Guglani

Mr. Sivaramakrishnan Movva

Mr. Gaurav Sharma

Mr. Sushil Bothra

Mr. Chander Mohan Batra

Mr. Ganesh Kashinath Jalgaonkar

Mr. Jagdeep Singh

Mr. Ashok Singh

Mr. Ravi Gupta

Mr. Vivek Kumar Manaktala

Mr. Sameer Goyal

Mr. Ni�n Dhingra

Mr. Ja�nder Pal Singh

Hyderabad

Chi�orgarh

Hyderabad

Jaora

Vaijapur

Mumbai

Delhi

Panchkula

Pa�ala

Chandigarh

Ambala Can�

Chandigarh

Ambala Can�

Bhiwandi

Raipur

Delhi

Bangalore

Amritsar

Bikaner

Amritsar

Mumbai

Ludhiana

Ludhiana

Ludhiana

Ludhiana

Jagraon

Ludhiana

Ludhiana

Shikha Sharma

Wisemate Wealth

Satbir Goyal

Naresh Premchand Maru

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04 Oct 2018

FIFA Welcomes New Members

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Lokesh Miglani

Dilip Kumar Swain

Sumitra Swain

Rajnikant Govind Salunkhe

Sandeep Jagannath Rao Awalgaonkar

Shashi Bhushan Verma

Samarthadhan Investments

RJ Advisory

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Mr. Lokesh Miglani

Mr. Dilip Kumar Swain

Ms. Sumitra Swain

Mr. Rajnikant Govind Salunkhe

Mr. Sandeep Jagannath Rao Awalgaonkar

Mr. Shashi Bhushan Verma

Mr. Uday Kishorbhai Desai

Mr. Jainam Chetanbhai Shah

Mr. Abbasali Gulamhusen Mava

Mr. Tejpal Singh Bagga

Ms. Sarbani Sandhu Das

Mr. Kapil Kumar Holkar

Ludhiana

Cu�ack

Cu�ack

Thane

Aurangabad

Kolka�a

Valsad

Bardoli

Himmatnagar

Chinsurah

Kolka�a

Vrishank Advisory Services Pvt.Ltd.

Labdhi Investment

Equa�ons

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Vipul Securi�es Mr. Vipul Kumar ThackerGeneral O1649 Indv Jatni

The Mutual Fund Store Mr. Nikhil Girishbhai ShahGeneral O1650 Indv Deesa

Geojit Financial Services Ltd Mr. Amitkumar Vinubhai PatelGeneral O1651 Indv Mehsana

Arun Pursho�am Patel Mr. Arun Pursho�am PatelGeneral O1652 Indv Bengaluru

Yogesh Balkrishna Birla Mr. Yogesh Balkrishna BirlaGeneral O1653 Indv Jalgaon

Kunal Kamalakar Mahajan Mr. Kunal Kamalakar MahajanGeneral O1654 Indv Bhuswal

Anant Arvind Watpade Mr. Anant Arvind WatpadeGeneral O1655 Indv Bhuswal

Thangjam Ramananda Singh Mr. Thangjam Ramananda SinghGeneral O1656 Indv Imphal

Kunal Mukesh Ramnani Mr. Kunal Mukesh RamnaniGeneral O1657 Indv Mumbai

Digambar Rama Mangale Digambar Rama MangaleGeneral O1643 Indv Vasco

Shree Kanak Financial Services Balmukund Mohanlal PoddarGeneral O1644 N.Indv Nashik

Sumit Arora Sumit AroraGeneral O1645 Indv Rajpura

Harvinder Singh Harvinder SinghGeneral O1646 Indv Ambala

Prashant A Dmello Prashant A DmelloGeneral O1647 Indv Vasai

YP Investment Services Yogesh Bhailal PandeGeneral O1648 N.Indv Mulund

05Oct 2018

Roopa Venkatkrishnandid a Knowledge Sharingsession in Bhuvaneshwaron 29th Sepember,2018

Events

AGM was held in The Willingdon Club, Mumbai

on Friday, 28th September 2018.

SKIFAA in association with IDFC AMC, organised a Study Circle Meet in Rajkot on Friday, 19th October, 2018. The Speaker was Mr. Anirudh Mehta, IDFC AMC wherein following topics were covered:

Ÿ The Concept of SelfŸ Different Human Attributes Ÿ Personality Profiling Ÿ Recognizing Investor Profile Ÿ Customizing the Message Ÿ Framing the Conversation

06 Oct 2018

All Members are requested to update their email IDs and cell numbers on telegram and database. Also, please provide the GST Number.

All those Members who have not paid the Annual Fee are requested to do so at the earliest for both 2017-18 & 2018-19.

Your contribu�on towards this newsle�er is solicited. Please share your views on events conducted at your end.

Mail to response@fifaindia.com

Editor: Nisreen Mamaji

Quiz Q.1 - Mutual funds must disclose the scheme portfolio to

the investor at least on half-yearly Basis.

A ) True B ) False

Q.2 - Debt Funds provide guaranteed positive returns

to the investors.

A ) True B ) False

Q.3 - Systematic Withdrawal Plans (SWP) can only be

registered with a debt fund.

A ) True B ) False

Q.4 - FMP stands for:

A ) Flexible Matching Products

C ) Fancy Meaning Products

B ) Fixed Maturity Plans

D ) Flexible Mostly Plans

Q.5 - Equity mutual fund schemes are to be benchmarked against Total Return Index (TRI).

A ) True B ) False

Ans. Q.1 - A), Q.2 - B), Q.3 - B), Q.4 - B), Q.5 - A),