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Weekly
News
22nd August 2022
© RightFocus Investments Pvt. Ltd.
SEBI Registered Investment Adviser (INA200006628)
Snapshot
1
India is Better Placed in the
Growth-Inflation-External Balance
Triangle for FY 2022-23
TATA AMC Considers Buying
a 45% stake in UTI AMC
Kotak Mutual Fund
Launches “Smart Facility”
for its SIP, STP and SWP
A series of NFOs launched
by various AMCs in August
0
1
0
2
0
3
0
4
© RightFocus Investments Pvt. Ltd.
SEBI Registered Investment Adviser (INA200006628)
India is Better Placed in the Growth-Inflation-External Balance
Triangle for FY 2022-23: Finance Ministry’s Monthly Economic
Review
 The FM report stated: Without further shocks, a downward
movement in global commodity prices along with RBI’s
monetary and the central government’s fiscal measures will
curtail inflationary pressures in the upcoming months.
 The report highlighted that the balance sheets of the
banking & service sector are healthy, and both sectors are
instrumental in placing India in a better position relative
to its global peers.
 The report warned that tense geopolitical conditions may re-
rigger supply concerns for essential commodities (Oil and
natural gas) in winter.
© RightFocus Investments Pvt. Ltd.
SEBI Registered Investment Adviser (INA200006628)
Tata AMC considers buying a 45% stake in UTI AMC
- Tata intends to purchase its stake from 4 state owned
enterprises (LIC, PNB, SBI and Bank of Baroda) which currently
own UTI AMC.
- A merger would make the combined entity the 4th largest asset
manager in India (after SBI, HDFC and ICICI Pru AMCs).
© RightFocus Investments Pvt. Ltd.
SEBI Registered Investment Adviser (INA200006628)
Kotak Mutual Fund Launches “Smart Facility” for its SIP,
STP and SWP
 This facility enables investors to invest (SIP/STP) or
withdraw (SWP) based on market valuations: Cheap, Neutral and
Expensive.
 In case of “Expensive” valuations, there is an option to
reduce your base SIP by half or double it when valuations are
“Cheap”.
 Similarly in case of SWPs, investors can redeem higher
amounts when valuations are “Expensive” and lower amounts
when its “Cheap”.
© RightFocus Investments Pvt. Ltd.
SEBI Registered Investment Adviser (INA200006628)
List of NFOs launched by various AMCs in August
Source: cafemutual,2022
Other News
 Tata Motors to acquire Ford India’s manufacturing plant
in Gujarat for Rs.725.70 Crores.
 An earthquake of magnitude 5.2 hit the northeast of
Lucknow in the early hours of Saturday. Earthquakes of
magnitude 3.6 and 3.1 hit areas of Uttarakhand and Jammu
& Kashmir previous Friday.
 Government of India confirms there is no plan to import
wheat amidst concerns of wheat shortages resulting from
adverse weather conditions.
Share it with your friends
Any Enquiries, Contact us
info@finatoz.com
+91 9916055544
www.finatoz.com
© RightFocus Investments Pvt. Ltd.
SEBI Registered Investment Adviser (INA200006628)

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Weekly News 22nd Aug 2022.pptx

  • 1. Weekly News 22nd August 2022 © RightFocus Investments Pvt. Ltd. SEBI Registered Investment Adviser (INA200006628)
  • 2. Snapshot 1 India is Better Placed in the Growth-Inflation-External Balance Triangle for FY 2022-23 TATA AMC Considers Buying a 45% stake in UTI AMC Kotak Mutual Fund Launches “Smart Facility” for its SIP, STP and SWP A series of NFOs launched by various AMCs in August 0 1 0 2 0 3 0 4 © RightFocus Investments Pvt. Ltd. SEBI Registered Investment Adviser (INA200006628)
  • 3. India is Better Placed in the Growth-Inflation-External Balance Triangle for FY 2022-23: Finance Ministry’s Monthly Economic Review  The FM report stated: Without further shocks, a downward movement in global commodity prices along with RBI’s monetary and the central government’s fiscal measures will curtail inflationary pressures in the upcoming months.  The report highlighted that the balance sheets of the banking & service sector are healthy, and both sectors are instrumental in placing India in a better position relative to its global peers.  The report warned that tense geopolitical conditions may re- rigger supply concerns for essential commodities (Oil and natural gas) in winter. © RightFocus Investments Pvt. Ltd. SEBI Registered Investment Adviser (INA200006628)
  • 4. Tata AMC considers buying a 45% stake in UTI AMC - Tata intends to purchase its stake from 4 state owned enterprises (LIC, PNB, SBI and Bank of Baroda) which currently own UTI AMC. - A merger would make the combined entity the 4th largest asset manager in India (after SBI, HDFC and ICICI Pru AMCs). © RightFocus Investments Pvt. Ltd. SEBI Registered Investment Adviser (INA200006628)
  • 5. Kotak Mutual Fund Launches “Smart Facility” for its SIP, STP and SWP  This facility enables investors to invest (SIP/STP) or withdraw (SWP) based on market valuations: Cheap, Neutral and Expensive.  In case of “Expensive” valuations, there is an option to reduce your base SIP by half or double it when valuations are “Cheap”.  Similarly in case of SWPs, investors can redeem higher amounts when valuations are “Expensive” and lower amounts when its “Cheap”. © RightFocus Investments Pvt. Ltd. SEBI Registered Investment Adviser (INA200006628)
  • 6. List of NFOs launched by various AMCs in August Source: cafemutual,2022
  • 7. Other News  Tata Motors to acquire Ford India’s manufacturing plant in Gujarat for Rs.725.70 Crores.  An earthquake of magnitude 5.2 hit the northeast of Lucknow in the early hours of Saturday. Earthquakes of magnitude 3.6 and 3.1 hit areas of Uttarakhand and Jammu & Kashmir previous Friday.  Government of India confirms there is no plan to import wheat amidst concerns of wheat shortages resulting from adverse weather conditions.
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