can please let me know if the magma finance is having deposit vertical for end customers.

i hv gone through the website but could not find any deposit section, the reson i am after this is if they donot take the deposits then how would they lend the money in other areas.

 

 

Thanks for the reply:-)

 

but raising money from mutual funds and banks will require NBFCS to pay more intrest and processing fees, where as money from the public cost less as the deposit rate is low.

 

so in this case the margins of NBFC's will be affected right, am i missing some thing

From now on, if the portfolio value appreciates by 5% by the end of this month, I will have (X + 0.05*X). I will sell shares worth 0.05*X in February, so that the portfolio value remains at X. I intend to move the proceeds into debt funds and this process will continue every month.

 

I currently have 33% of my investments in debt funds and 67% in equities. So as my portfolio value rises, debt funds percentage keeps going up while equities go down.

 

I might lose out on some part of future potential gains - but I intend to reduce the damage by following a mechanical process of selling. Out of the 93 companies I own, I intend to sell the high trailing P/E stocks first. In Valueresearchonline.com, it is possible to list all the stocks by descending P/E order with the click of a button.

 

Basically, the first to go would be high P/E FMCG stocks like Nestle, Marico, ITC - which don't have much scope for huge appreciation anyway. I let low P/E tiny caps like Anjani Cement (PE of 3), ABC Paper (PE of 4) and Lincoln Pharma (PE of 5) run.