Ingenetus | Mutual Fund Investment | Financial Planning |Goal Planning

In this video, we take you through the overall health of the Indian market to make you aware of certain fundamentals to understand the position India as an economy stands. While we have shared the details, here are some macroeconomic indicators of the Indian economy to provide a comprehensive picture of its overall health and performance: Here's a summary of the latest key indicators as of March 2024: India's real GDP grew by 8.4% year-on-year (YoY) in the Oct-Dec'23 quarter, with the industrial sector growing by 10.4% YoY and the manufacturing sub-sector by 11.5% YoY. The Consumer Price Index (CPI) inflation held steady at 5.09%, while the Wholesale Price Index (WPI) inflation moderated to a four-month low of 0.2% in Feb'24. Forex reserves grew in Feb'24, driven by a surge in foreign currency assets. FDI rebounded in Jan'24 after a significant drop in Dec'23. The Index of Industrial Production (IIP) reached an all-new high in Jan'24, indicating a sustai...

But should you consider index investing? This might help 👇 1. Lower Costs: Index funds typically have lower expense ratios than actively managed mutual funds, which means that you can invest more of your money where it will do the most good for your portfolio. 2. Tax Efficiency: Since index funds are passively managed, they don’t buy and sell individual securities as frequently as actively managed mutual funds do. This reduces their tax liabilities and increases your after-tax returns over time. 3. Diversification: Investing in index funds is a great way to diversify your portfolio and achieve long-term growth. 4. Simplicity: Index funds are simple, cost-efficient, and transparent investments. 5. Historical Performance: Historically, index funds have tended to generate attractive returns over time. 6. Elimination of Human Bias: Index funds overcome the bias of human discretion. That is the big problem with most diversified equity funds. There is a very strong element of discretion tha...

India's Finance Minister, Nirmala Sitharaman, presented the Interim Budget for the upcoming fiscal year starting April 1, 2024. Aligning with expectations for fiscal prudence, New Delhi maintained existing tax slabs and refrained from major announcements as the Modi government aims for a third term post the Lok Sabha elections in April-May. Key Points from Interim Budget 2024 Fiscal deficit target for FY25 set at 5.1%, FY24 aim revised to 5.8% from 5.9%. Capex outlay of Rs 11.11 lakh crore. Tax receipts for 2024-25 are projected at Rs 26.02 lakh crore. Divestment target of Rs 50,000 crore for FY25. Railways to get Rs 2.55 lakh crore, up from the previous year's high of Rs 2.4 lakh crore. Gross market borrowing target for FY25 pegged at Rs 14.13 lakh crore. Nominal GDP growth seen at 10.5%. PLI scheme gets Rs 6,200 crore. Health sector to get Rs 90,170 crore, 13.8% higher than RE of Rs 79,220 crore for 2023/24. The education budget for 2024/25 seen at Rs 1.25 lakh crore. Income ...