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Franklin Templeton Debt Fund Fiasco And Decoding of Key Take Away

Franklin Templeton Debt Fund Fiasco & Decoding of Key Take Away Apr 24, 2020 FT India announces winding up of its six debt funds (Mutual Funds). Fund Name & AUM (Asset Under Management) 1.      FIUBF – Franklin India Ultra Short Bond Fund – AUM Rs 9679 cr 2.      FILDF – Franklin India Low Duration Bond Fund   - AUM Rs 2389 cr 3.      FISTIP – Franklin India Short Term Income Plan - AUM Rs 5658 cr 4.      FIIOF –   Franklin India Income Opportunity Fund - AUM Rs 1855 cr 5.      FICRF – Franklin India Credit Risk Fund - AUM Rs 3527 cr 6.      FIDAF – Franklin India Dynamic Accrual Fund - AUM Rs 2541 cr Apr 27, 2020 RBI announced Rs 50000n cr Liquidity Window for MFs On Apr 24, 2020 Indian mutual fund industry witnessed first of its kind crisis, w...
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Mrkt FRom Now

Hi, Market is trading in a diffucult zone. No one can say, wht direction will it take from here> People and all investment manager and gurus can only guess, if it goes above 5350 and sustain it than could go upto 5500-5600, but to really sustain at these levels or to move higher it must come down once. And, if it fails to sustain the current level of above 5200, it would come down to 4900 level and even below that to 4600 level. So and so. What I think, watching all the macro level factors, is market does not seem in the mood to go down at present. It will go down (as seems) some time near May expiry or after wards. Only in the case it can go down before the above stipulated time, if FIIs start heavy selling, it may shring fast at any point of time. Regards, Praveen sevak
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Performance of Recommendation

Hi... All the stocks from 6 mnths back to 3 months hence from now... 1. SaskenCommunication 2. MIC Electronics 3. kolte Patil 4. Indian Oversea Bank 5. Elgi Equipment All these recommendations have achieved their target........... You can check it here only when recos are give wht time period was suggested to invest in and cross check from www.nseindia.com tht whtn they achieved their target. And, soon you will find list of such stocks here...
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Fundamental Call On July06, 09: Buy Sasken

Fundamental Call on July 06, 09 Co: Sasken Communication Reco: Buy CMP: Rs 100-102 (Around), Target: Rs 114 (1-2 month), Rs 160(6-12 months) Best Buy: Rs 94 (accumulate dip around this level).
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Buy Kolte Patil Dev Ltd.: Fundamental Call on June17,09

Fundamental Call onJune17, 09: By Praveen Kr Sevak Co Name: Kolte Patil Dev. Ltd. Reco: Buy CMP: Rs 46 (around) Target: Rs 60-64 (1-2 months), Rs 138.4 (6-12 months) Best Buy: Dip around Rs 40 (accumulate at this level) Investment Rational: 1. Fundamentally talking, though the company has recorded negative growth in Dec Quarter 2009, yet it is pretty attractive. Currently it is trading at a PE multiple of 3.2X and PB of 0.54, that is very attractive compare to peers in this industry. Its profitability margin is also attractive PBDIT margin is above 40% and PAT margin is25 % (approx). Moreover, It has a DE (Debt Equity ) ratio is 0.15 and current Ratio is 1.35, that is again fair enough to buy and hold the share. 2. It is in the business of Real Estate development especially Residential Properties, Commercial properties and IT parks as well. The company has enough experience in this segment, as they have already developed more than 25 such projects sinc...
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Fundamental Call on May29, 09: Buy Accentia Tech

Dear All, As like always, Today again I am with a new Fundamental Recommendation. Most of the time, I have come up with out of sight under valued stock not in list of nifty 50. And, almost all the time the picks have achieved the target and outperform the benchmark index NIFTY. You can take the review posted time to time and would be posted soon. Fundamental call on May29, 09; By Praveen Kr Sevak Co Name: Accentia Tech Reco: Buy CMP: Rs 125-127 (Approx) Best Buy Level: Dip around Rs 110-115 (Accumulate at this level) Target: Rs 150 (1-2 month), Rs 225(6-12 months) Investment Rational: 1. Fundamentally talking, Net profit of Accentia Technologies rose 26.51% to Rs 6.30 crore in the quarter ended March 2009 as against Rs 4.98 crore during the previous quarter ended March 2008. Sales rose 22.90% to Rs 20.93 crore in the quarter ended March 2009 as against Rs 17.03 crore during the previous quarter ended March 2008. For the unaudited full year, net profit rose 85.0...
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Fundamental Call On May25, 09: Buy Indian Overseas Bank

Fundamental Call on May25, 09: By Praveen Kr sevak Co Name: IoB (Indian Overseas Bank) Reco: Buy CMP: Rs 85-88 (Buy in small Quantity at current level) Best Buy level: Dip Around Rs 70 (accumulate at this level) Target Price: Rs 98 (1-2 month), Rs 157 (6-12 months) Investment Rational: 1. In Q4 of FY 09, IoB has registered 22% increase in its operating income and 5.37% increase in its net profit. 2. In the FY09, It has registered 10% rise in Net Profits and had come up with recoveries in its bad debts, which causes it profit to be up by this amount. 3. In a First of its kind deal, EXIM Bank and IoB have come together to co-finance Akshay Katrina Starer De Dhana Dhan produced by Venues Records and directed by Priyadarsan. The movie is expected to have a budget of Rs 70 cr and EXIM would give Rs 15 cr and IoB would give Rs 10 cr at a rate of 12.5-13%. 4. It is currently tradind at a PE multiple of 3.7 and PB of 0.80. It is expected to see Rs 157 level at a PE multiple of ...
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