The survey reveals that 82% of HNIs believe professional financial planning improves their chances of meeting long-term goals. However, only 51% actively seek guidance on diversification and fewer on goal-specific asset allocation
Income tax authorities are monitoring high-value spending of taxpayers through TCS and TDS, foreign remittances, and examining GST data to assess the spending of HNIs, sources have told Moneycontrol.
The duo is planning to start the venture with a market regulator Sebi’s Portfolio Management Services (PMS) license targeting high-net-worth individuals and financial institutions
In its projections, Knight Frank said that the number of high net worth individuals in India is expected to reach 93,758 by 2028.
High Net Worth Individuals (HNIs) and Ultra High Net Worth Individuals (UHNWIs) in India are diversifying their investments across a variety of asset classes, focusing on both traditional and alternative opportunities.
While HNI investors said it is difficult to predict if there will be further correction, they believe that the fall has given a good buying opportunity as valuation concerns were always there in the market
An unlisted company cannot offer shares to more than 200 investors in the same financial year, except through IPO. Merchant bankers are suggesting workarounds to their investor clients.
Jefferies forecasts that assets under management of active Indian Wealth Managers will double by FY27 compared to their levels in FY24
Pre-IPO placements gained momentum post-April 1, 2022, following SEBI's alteration of allotment rules for HNIs
The strategy for now is to nibble, but not to end up providing an exit for others looking to book profit. For the new investor, it still seems a ‘buy-on-dips’ market
Veteran brokers say that while rising prices encourage more risk taking, it also induces a sense of complacency and so many large investors/traders are unable to exit in time
Whispers in market is that many of the mid and small cap companies say they have good earnings visibility for the next few quarters. And that is giving HNIs the comfort to hold on their positions in the stocks
Bulk deals are negotiated beforehand between the buyer and seller and then entered into the trading system.
Family offices, HNIs, market liquidity, and positive investor sentiment have increased interest in SME IPOs, with 139 companies raising Rs 3,540 crore in 2023.
Henley & Partners published a report on HNIs moving out of their countries. This year India will lose 6,500 millionaires to transnational migration. China tops the list with over 10,000 HNIs moving out. What defines a High Net worth Individual? Why do millionaires move out of the country? How can we compare the numbers with countries moving out in 2022? Watch this video to know more.
FIIs are now 83 percent net short on index futures, but the massive short-covering that bulls are counting on, has turned out to be elusive so far
The underperformers were mainly new-age companies that had weak cash flows or those that were priced aggressively, according to one analyst.
A Prime Database study which was reported in the media shows that Rs 21.9 lakh crore was borrowed by non-banking finance companies (NBFCs) through commercial papers (CPs) to fund NIIs. To put it differently, Rs 1.21 crore was funded by NBFC to NIIs for every Rs 1 lakh of allotment. As a result, most of the decent issues are getting between 200-300 times oversubscription in the NII segment.
The rally over the last few years in the mid and small-cap companies is partly because of the increased flow in PMS schemes
The ASK Emerging Opportunities Fund, a close-ended Category-III long-only AIF is a flexicap portfolio with a midcap bias and will be investing in listed Indian equities
Handa said nearly 30 countries offer citizenship- and residence-by-investment programs. Of these, the Portugal, Thailand, Australia and Greece residence programs received the maximum applications from Indians living in India in 2020-21.
Traders are standing at the doors, waiting to exit at the first sign of trouble.
We see some pockets of opportunities in certain sectors like financials, healthcare, FMCG, etc. which may outperform broader markets, said Rao.
Firms such as Sapient Wealth Advisors and Mitraz Financial offer clients the option of investing in start-up ventures. The returns may be quite good, but there is also the risk of losing your capital