External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Thematic (Sector/Industry)

India Financials / Thematic (Sector/Industry)

Nippon Life India Asset Management (NAM IN)

<ul><li>In an unexpected post-Budget amendment to the Finance Bill, the Ministry of Finance withdrew the indexation benefits that were hitherto available to debt mutual funds (&lt;35% in domestic stocks)</li><li>Starting the next financial year, these debt mutual funds will instead be taxed at the marginal tax rate irrespective of the holding period</li><li>At the margin, we believe this has structural implications for mutual funds, corporates (NBFCs, HFCs, and other corporates), and a read-across for insurance companies and banks as alternative sources for deploying capital</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

In an unexpected post-Budget amendment to the Finance Bill, the Ministry of Finance withdrew the indexation benefits that were hitherto available to debt mutual funds (&lt;35% in domestic stocks)Starting the next financial year, these debt mutual funds will instead be taxed at the marginal tax rate irrespective of the holding periodAt the margin, we believe this has structural implications for mutual funds, corporates (NBFCs, HFCs, and other corporates), and a read-across for insurance companies and banks as alternative sources for deploying capitalContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

BFSI - The Changing Contours of Debt Financing