Fortune Box’s Post

When are you financially independent? What is that number? Obviously your life style keeps on changing with the time and money that you earn. But if you fix your life style to a level then we can calculate that number where you can financially retire. Lets take an example, I am 30 and living in a life style where i need 12L per annum for basic needs and luxuries. In 15Years with inflation at 6%, this number can go up to 29L per annum. Here comes the most important 4% rule. you are ok to with draw 4% of your investments yearly through SWP (article on SWP https://shorturl.at/SxVik ). You need 7.25 Crores by the age of 45 to be financially independent. (as 4% of 7.25 Crore is 29L). Wait...., money doesn't decrease with the time? Yes, it may!! To over come this, you have to make sure that your remaining investment is growing at least at 10% Y-o-Y. So that, you withdraw 4% and Inflation eats 6%. Ideally your money is sufficient for the rest of your life. But how to reach that number? If you start investing into assets through Step-up SIP and assuming they are growing at 12% CAGR. Age : 22, Step-up : 10% YoY, Start-SIP: 24,000 pm. Age : 30, Step-up : 10% YoY, Start-SIP: 85,000 pm. Starting Investment early will be easy on your pockets with the time. Plan your own number and start your investments now. Never is too late to start investment. follow Fortune Box to support our content. #SIP #financialindependence #compounding #markets #swp #sip #stepupsip

A Big validation in our space coming from Premji Invest. With the investment of $32Mn (9.82% stake) in Dezerv (Investment Management platform). Checkout the article: https://lnkd.in/guvSUtNb Dezerv started in Mutual fund distribution space and walking towards Investment management space. Recently, a lot of influencers are also tapping this space as an opportunity to convert the followers into customers for their business. For example, 1% Club started getting queries for investment management from the followers and are actively recruiting Financial and Insurance advisors. Finshots started Ditto Insurance to establish in financial sector. These companies motivate more influencers to tap these markets. If you are an influencer and looking for opportunities to start a venture do connect to Fortune Box. Tag if you know influencers who are looking for opportunities. Keep following Fortune Box to support our content. #financialmarkets #influencermarketing #startup #ideas #business #

The famous 50:25:25 rule in your financial journey. #financialIndependence #investment #compounding #time #growth #luxuries #basicneeds

Nifty IT is very close to reach its All Time high.

Sensex touched the all new 80,000 mark. 5 years back in 2019, sensex was at 40,000 mark. doubling in 5 years. means a CAGR of 14.4%. If it continues at 13% which is the average CAGR till date, it takes around 5-6 years to reach 1,60,000 (to double). This will be huge right? i don't know when Sensex may reach 1,00,000 mark but that can become a psychological number for a nomad and chances of negative waves (rumors of fall) may be high! Individual stocks companies generally do a bonus or stock split to make the company's stock affordable for investors. Can that happen to Index? is it possible? Yes, it is possible but we don't call it a split, finance term is re-adjustment to the base or re-base. When Sensex was started in 1978-79 base was considered as 100. By 1985 it reached 500. In 1995, sensex is 3000. To bring down the value of sensex without adjusting the underlying value. there are multiple options. Most realistic options are. 1. re-basing the Sensex to 100 and start from 1985. (this will bring sensex from 1,00,000 to 20,000). 2. re-base to 10 in 1979 (this will bring sensex from 1,00,000 to 10,000). There could be plenty of other options too. Nifty50 was started in 1995 and based at 1000. History: As i know, these re-base was done a couple of times: The Hang Seng China Enterprises Index had a base value of 1,000 at launch on August 8, 1994. On January 3, 2000 it was re-based to 2,000 Similarly, the Nadaq-100 Index launched on January 31, 1985 with a base index value of 250. On January 1, 1994, the NDX was reset to 125 (in effect, a reverse split). What do you think? Is Sensex hitting 1,00,000 will be to costly for you to buy anything in BSE? #comment and let us know. follow Fortune Box to support out content. #Sensex #StockMarket #Investment #Finance #CAGR #Sensex80000 #MarketTrends #InvestSmart #FinancialGrowth #StockSplit #MarketRebase #InvestmentStrategies #BSE #Nifty50 #MarketMilestones #EconomicGrowth #FinancialLiteracy #StockMarketNews #SensexHistory #MarketInsights #FortuneBox

Most of the companies are just one regulation away to either go bankrupt or to do a pivot in the operations. #SEBI has proposed one such regulation on July 1st 2024. Cancelling all the rebates that #NSE / #BSE makes every month to the brokers. What are these #rebates? Brokers charges standard NSE/BSE #Transaction #charges on the trades that happen on their platform. There are monthly volume buckets after which, these transaction charges used to be discounted. for example, before the new circular. Transaction charges in Equity intraday is ₹345 per crore on each side. So, if any broker makes a revenue of ₹45000 Crores in a month. ₹1.46 crore transaction fee is collected from traders and paid to NSE. On monthly volumes, NSE have buckets while charging this transaction fees. As per the buckets, ₹45000 crores attracts ₹1.36 Crores as fees. The balance 96L is being given as a rebate to the brokerages. As per the new regulation, Brokers has to sacrifice this additional income. This rebate is around 8-12% of income for some brokers. That is the reason we have seen Angel One and other financial listed companies had a decline in the market. Now, to counter this income brokers may have to increase the brokerage as Zero brokerage literally generates ₹0 now for the brokers. #sebi #regulation #brokers #zerobrokarage #zerodha #angelone Follow Fortune Box to support our content.

All you should know about the re-balance in Nifty200Momentum30 Index. #rebalance #index #nifty #semiannual Follow Fortune Box to support our content.

True #Independence starts when the #financial dependence #ends. This has popped on an article in #AMFI. An Interesting fact that came up is, Increase in the share of women in the mutual fund Industry. Though a lot of decisions with regards to investments are made by men in a family but the investments are made on the name of women. We cannot rule out the change in the demographics of women contributions to finance. New startups are coming up exclusive for women to help in their financial journey (like LXME). Here is the fact that, By Dec'23, 20.9% of the AUM belongs to women. which is around ₹10 lakh Crores. Interestingly, B30 (Below Top 30 cities) women have the higher contribution in the AUM compared to T30 cities. So, Startups concentrating on Women in T30 have a scope for a good growth. Looking for Startups who are focused on women in T30 to improve financial penetration. #share this with the Fintech Startups or #tag them in the comments. #follow us to support our content.

Total SIP Accounts touched 8.75 Crores. Money Inflow is 20,900 Crore per month as on May'2024. This is 41% jump Y-o-Y. New ads on Financial planning is driving these SIP's now. In the recent IND vs SA T20 Final. 7of10 ads are regarding finance companies and most of them about investing into SIP's. Total AUM under mutual funds as on may'24 is 58.9 Lakh crores. #sip #mutualfundssahihi #ads #markets Follow us to support our content.