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KnackChap

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11 minutes ago, rushab oswal said:

Thinking about sbfc finance from my mom's account. 

Every small finance company is looking to take advantage of the tide. I think, it will be grossly oversubscribed and getting allocation even in small HNI will be highly unlikely.

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8 minutes ago, KunjanPSD said:

Every small finance company is looking to take advantage of the tide. I think, it will be grossly oversubscribed and getting allocation even in small HNI will be highly unlikely.

Yeah i know.  Luck try karne me kya jata he XD . I know i wont get allotment .

 

 

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16 minutes ago, Bird Bird Bird said:

 

Are you getting employee shares ?

Na bhai, I'm not in Yatharth.

 

 

1 minute ago, rushab oswal said:

Accha he? Still to read 

Friends were asking me to apply. Thought I'd ask here.

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On 7/28/2023 at 11:51 AM, rushab oswal said:

Guys need help .

Can we apply for IPO In HNI Category via zerodha?? IF yes can the mandate be done via GPAY? Has anyone done it ?
Tagging People who trade @KnackChap @Bird Bird Bird @KunjanPSD @Pushy @dante77 ?

can't suggest anything on this, cuz, idkr, maybe other members could help u out with it. m a options buyer guy, so charts and anything related to options, i can help out mah fam <3 

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55 minutes ago, KunjanPSD said:

Has anyone invested in SGBs? If yes, how has your experience been with respect to returns?

Invested in jan 2021. The price back then was 4950 per gram. 
 

The price during july 2023 issue was around 5900. So, around 19-20% gain.

Also, received 2.5% interest per year.

It is great IMO. You can expect 7-8% annual interest with additional 2.5% interest.

Edited by TheGothamChampion
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6 minutes ago, TheGothamChampion said:

Invested in jan 2021. The price back then was 4950 per gram. 
 

The price during july 2023 issue was around 5900. So, around 19-20% gain.

Also, received 2.5% interest per year.

It is great IMO. You can expect 7-8% annual interest with additional 2.5% interest.

7-8 + 2.5? How?

Are you annualizing capital gains?

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55 minutes ago, KunjanPSD said:

7-8 + 2.5? How?

Are you annualizing capital gains?

Yeah. 7-8 is the annualised capital gain you can expect. 

2.5% is the interest you will receive in your savings account. 1.25% every six months. 
One con (it can be a pro as well if price of gold drops) 2.5% interest is paid on initial investment and it isn’t affected by change in price of gold.

Edited by TheGothamChampion
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1 hour ago, TheGothamChampion said:

@KunjanPSD If you’re looking to invest in debt instruments, please check out NSC as well. They are offering an interest rate of 7.7% which is highest since 2020.

I am not looking for debt per se, I was just looking for Gold/Silver allocation of around 2-3% of the PF.

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20 minutes ago, rushab oswal said:

I have around 8% gold 4% silver all using Goldbees, silver bees (ETF's) and gold and silver mf's . 

Gold and silver bees have 0.5-0.79% expense ratio. SGB seems much better. Capital gains post expiry are tax exempt as well.

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