#karvy

[fromthehouseofgerber]

Since in endoparasitic 2 it’s revealed that cynte has a doomed yaoi ex bf, I’d like to propose t4t Praví x Luce

[flashkirby99]

fc shenanigans.png

[mtsodie]

concepts for that game i talked about yesterday

[billionneuronscurious]

Artwork: Photo with Flowers.

Flower craze!

[kaylor]

what do u think abt the pics of travis & karlie being close-ish at that one lady’s wedding last week?

karvis confirmed. in all seriousness though - what?

[karviweb]

At Karvi web, we use the latest strategies and techniques of SEO to give 100% proven and effective results. We provide a wide range of services that can assist you with your demands for digital marketing or web development. We have a group of professionals available to assist you with your project. 

[travelnew]

Sunrise trek to Konkan Kada at Harishchandragad

6-7 January 2024 - with a trekking group - embarked on a night trek to reach the top at sunrise. 2024 begins with a bang.

TIME FRAME:

Saturday night: Second last train from Dadar. Sunday night: Alight at Kasara. Shared non-AC jeep journey from Kasara to Pachnai (base village) from 2 am to 4:30 am. Sunday morning: 5 am trek starts 7 am reach Harishchandragad top, where Taramati blocks the East. Sightseeing of the fort till 10:30 after breakfast of tea and poha. 11 am to 2 pm return trek. 2:30 to 4:30 pm return travel in jeep to Kasara. 5:15 pm to 8pm return journey to reach home. EXPENSES: 1000/- per head with a trekking group, that included travel expenses from Dadar to Kasara and back, with breakfast of tea and poha.

EXPERIENCE in photos and a few words:

The build up to sunrise was a beautiful experience. The waning crescent moon and the Venus were getting ready for the conjunction on 9th January 2024.

The east of Harishchandragad top is blocked by the third highest peak of Maharashtra, Taramati.

The hidden sunrise: Sunrise happened behind this mountain's massif and to witness the sun rise from Harishchandragad, one has to climb Taramati peak.

Check more photos of the sunrise at Harishchandragad here.

The map of Harishchandragad & the ancient script decoded.

For more photos of the Harishchandreshwar Temple atop Harishchandragad and the sculptures, please check here.

On the left of this temple in the east direction is a reservoir by the names, PUSHKARNI KUND, whose photo is added below.

KEDARESHWAR SHIV LING:

KOKANKADA कोकणकडा :

The famous overhanging cliff, whose view sends chill down the spine and is extremely beautiful was visited. Please check the above hyperlinked text for more photos here.

Nalli-chi vaat (नळीची वाट) is a thrilling adventurous rock climbing ascent to Harishchandragad from the valley below, that is visible from this cliff here.

Enjoying the view from Kokankada.

I saw a lot of flowers while trekking here. The Karvi, which blossoms once in 7 years has started blooming.

I saw the plant that resembles the bed of arrows, upon whom Bhishma Pitamah, was laid by Arjun the great archer, at Kurukshetra in Mahabharata. The genus is Bridelia. Species is unkown to the friend who identified and told the above story. DrSR is a PhD Botany & an assistant professor in college. The plant is known commonly as BHISHMA-SAN (seat of BHeeshma Pitamah).

The above video is a demostration of why this tiny pretty flower is known as LADY'S PURSE. Just like a woman's purse hides its content from the prying eyes, same way the petal hides the anther and is visible by prying the petal delicately.

Overall, a good start to 2024.

P.S. There are many links to photos of different places at Harishchandragad. Hope you check them all. There is not enough space in one blog post.

[erwin-ando]

Vic: The smallest longships are Karvi. These with masts and sails are Snekkja. These larger ships are Skeid, while those with similar size but decorated with dragon’s heads, those more elegant and beautiful are Drakkar.

Stan: Ok, longships.

Vic: …Karvi, Snekkja, Skeid and Drakkar.

Stan: Ok, ships.

Vic: FUCK YOU

[emmaameliamiaava]

Birla White’s Wallseal Waterproof Putty is certified as ‘Best Waterproof Putty’ by Karvy Insights Limited

[divya1236]

Which Bank Gives Loans Against Mutual Funds?

A loan against mutual funds is a financial facility offered by banks and non-banking financial companies (NBFCs) where you can pledge your mutual fund investments as collateral to borrow money. This type of loan is gaining popularity due to its flexibility, quick processing, and the ability to retain ownership of your investments. Let’s explore which banks provide loans against mutual funds, their features, eligibility criteria, and the process involved.

Banks Offering Loans Against Mutual Funds

HDFC Bank

Features:

Provides an overdraft facility.

Loan amount ranges from ₹50,000 to ₹10 crore.

Quick disbursal with minimal documentation.

Interest Rate: Competitive, based on the loan amount and tenure.

Eligibility: Must hold mutual funds with HDFC Bank's partnered registrars such as CAMS or Karvy.

Repayment: Flexible repayment options based on the overdraft utilization.

ICICI Bank

Features:

Offers loans against mutual funds as an overdraft.

Online application process with instant approval in some cases.

Loan Amount: Minimum ₹50,000 with no upper cap, subject to the value of pledged mutual funds.

Eligibility: Mutual funds should be held in demat form through CAMS or KFintech.

Interest Rate: Varies based on fund type and tenure.

Axis Bank

Features:

Provides loans against both equity and debt mutual funds.

Fast processing with digital pledging.

Loan Amount: Up to 50% of the value of equity funds and 80% of the value of debt funds.

Eligibility: Available to existing Axis Bank customers holding mutual funds via CAMS/KFintech.

Interest Rate: Market-linked and negotiable.

SBI (State Bank of India)

Features:

Offers loans against mutual funds held through partnered registrars.

Attractive interest rates and simple documentation process.

Loan Amount: Determined based on mutual fund portfolio value.

Eligibility: Available to individuals holding mutual funds with linked demat accounts.

Repayment: Tenure can vary depending on the type of mutual funds pledged.

Kotak Mahindra Bank

Features:

Specializes in loans against securities, including mutual funds.

Loan disbursal is fast and requires minimal paperwork.

Eligibility: The mutual funds need to be held in demat form.

Interest Rate: Competitive rates, negotiable for high-value loans.

IDBI Bank

Features:

Provides loans against a variety of mutual funds.

Offers both term loans and overdraft facilities.

Loan Amount: Up to 70%-80% of the mutual fund’s NAV (Net Asset Value).

Eligibility: Individuals with mutual funds in partnered registrars can avail of this facility.

Interest Rate: Dependent on mutual fund type and tenure.

Federal Bank

Features:

Offers flexible loans against both equity and debt mutual funds.

Loan tenure is customizable based on the customer's requirements.

Loan Amount: Determined as a percentage of the NAV.

Eligibility: Mutual funds should be held with CAMS or KFintech.

Interest Rate: Competitive and depends on the loan tenure.

How Loans Against Mutual Funds Work

Pledging Mutual Funds: The mutual funds are pledged as collateral to the bank. The ownership remains with the investor, but the bank places a lien on the units.

Loan Amount Determination: The loan value is determined based on the type of mutual funds:

Equity Mutual Funds: Loan-to-Value (LTV) ratio of up to 50%.

Debt Mutual Funds: LTV ratio of up to 80%.

Disbursement: Once approved, the loan amount is disbursed either as an overdraft or a term loan.

Repayment: You can repay the principal amount and interest within the loan tenure. In case of default, the bank can liquidate the pledged mutual funds.

Advantages of Loans Against Mutual Funds

Ownership Retention: Investors retain ownership of their mutual funds.

Quick Disbursal: Faster processing compared to traditional loans.

Lower Interest Rates: Generally lower than personal loans or credit card debt.

Flexible Repayment: Based on overdraft utilization or fixed tenures.

Eligibility and Documents Required

Eligibility:

Applicant must hold mutual funds in a demat form.

Mutual funds should be held through partnered registrars such as CAMS or KFintech.

Banks may require the applicant to be an existing customer.

Documents:

Proof of identity (Aadhar card, PAN card, etc.).

Proof of address.

Mutual fund portfolio statement.

Bank statements (if required).

Steps to Apply

Contact the Bank: Reach out to the bank offering the facility.

Submit Required Documents: Provide the necessary documents for verification.

Lien Creation: The bank creates a lien on your mutual fund units.

Approval and Disbursal: Post verification, the loan amount is approved and disbursed.

Things to Keep in Mind

Ensure the mutual funds being pledged are not locked in (e.g., ELSS funds with a 3-year lock-in).

Understand the LTV ratio to estimate the loan amount.

Compare interest rates and processing fees across banks for better deals.

Keep track of your loan tenure to avoid defaults and liquidation of pledged funds.

Conclusion

Several banks, including HDFC Bank, ICICI Bank, Axis Bank, SBI, and others, offer loans against mutual funds, providing a convenient financial solution while retaining investment ownership. By pledging your mutual funds, you can access funds quickly with flexible repayment options. However, it’s essential to evaluate the terms and conditions of different banks to find the best fit for your financial needs.

[zfundsofficial]

Top 10 Mutual Fund Distributor Companies in India

If you are looking forward to joining the best mutual fund distribution network, it's best to go ahead with well-reputed companies. These distributors are mainly in charge of helping investors make informed decisions. 

In this article, we will share the top 10 mutual fund distributor companies in India in 2024.

Best Mutual Fund Distributor Companies in India

Here are the best mutual fund distributors in India in 2024:

1. ZFunds Mutual Fund

ZFunds Mutual Fund is one of the fastest-growing mutual fund distributors in 2024. The company offers commissions as high as ₹50,000. Since they are growing rapidly, it can also help you get a comprehensive industry exposure.

ZFunds offers various financial services such as loans against mutual funds, loans against insurance policy, and loans against fixed deposits. Thus, providing a lot of choices for clients to choose from.  

2. Sharekhan

Sharekhan is a private firm based in Mumbai with a vast network of over 7,000 partners. The platform offers amazing commissions ranging from 0.75% to 1.5% of AUM. Although the investment amount is quite high, you also get to see high profits within a few months. The distributorship tenure lasts for a lifetime. 

3. IIFL Mutual Fund

IIFL Mutual Fund Distributor was founded by Nirmal Jain in 1995. It has grown as a reliable option that has a huge network of over 3,000 AMC distributors. However, the distributorship tenure lasts only 2 years with commissions between 1% to 2% of AUM. 

One can start with a minimum office area of 150 sq. ft. and two employees. The company provides free advisory support, webinars, and product training agents. IIFL has a payout time of 30 days, ensuring the financial stability of distributors.

4. Karvy Mutual Fund

Karvy Mutual Fund is another top-notch distributor and advisory brand in India since 1983. The best part about this company is that anyone can start with low investments from ₹0 to ₹40,000. Additionally, having an office space is also optional. 

As of now, the company has a small network of about 100 distributors across India. To get started, distributors get support services such as product training and webinars. 

5. HDFC Mutual Fund

The HDFC Mutual Fund has a massive network of over 2,000 AMC distributors today. Since the broker already has a good reputation in the market, the distributor company appears like a supportive company. Thus, ensuring that everyone’s money is safe.

It offers great commissions between 1% to 2% of AUM. After every 30 days, you can expect your payout. Additionally, HDFC mutual fund provides webinars, product training, advisory services, and back-office support. 

6. NJ Mutual Fund

The NJ Mutual Fund’s distributorship requires a minimum area of 150 to 250 sq. ft. and at least two employees. They offer direct mutual funds without any charges per client acquisition. Since the company has a great network of 5,000 distributors and a strong reputation, it increases your credibility. 

7. Bajaj Finserv Mutual Fund

Bajaj Finserv Mutual Fund is also a reputable company with an extensive network of over 1,000 distributors. It also offers lucrative commissions of upto 2%. Therefore, the upfront investment amount of ₹1 Lakh is also reasonable. 

8. Prudent Mutual Fund

Prudent Mutual Fund is a prominent mutual fund distributor with over 1,000 distributors in India. The investment amount is quite affordable with a range of ₹25,000 to ₹55,000. Payouts are also made every 30 days. Due to the vast distributor network, the earning potential is high. 

9. FundsIndia

FundsIndia mutual fund agency platform with a network of 150+ agents. The platform also offers an attractive opportunity for sub-distribution. The entry cost is only ₹5,000 which makes it very affordable for aspiring mutual fund distributors. 

10. SBI Mutual Fund

The SBI Mutual Fund is one of the top mutual fund agent networks in India. It has an extensive network of over 2500 top agents. The company offers commissions up to 2% of AUM. However, the initial investment is also high, starting from ₹1 Lakh with mandatory office expenses ranging between ₹45,000 to ₹60,000. 

Conclusion 

We've listed down some of the best mutual fund distribution platforms of 2024 here. Most of these companies offer high commissions ranging from 0.6% to 1.5%. Still, the ultimate choice is yours to research and join the best mutual fund distribution network. 

[flashkirby99]

lala confuse comicc.kra-autosave-page1.png

lala confuse comicc.kra-autosave-page2.png

[redvision-technologies]

What is a Brokerage Module in Mutual Fund Software for Distributors in India?

If you're a Mutual Fund Distributor (MFD) in India, you know how important it is to get paid the right amount for your hard work. MFDs help investors by managing their mutual fund investments and, in return, earn a brokerage fee. However, keeping track of these earnings can sometimes be tricky. This is where a brokerage module in fund tracking software comes into play. It helps MFDs ensure they are receiving the correct brokerage amount for their efforts.

Why a Brokerage Module is Essential

Imagine working hard to help your clients invest wisely in mutual funds, only to find out later that you haven't been paid accurately. This can be frustrating and demotivating. The brokerage module in our financial software addresses this problem by providing a detailed and easy-to-use platform to track your earnings.

Key Features of the Brokerage Module

Our brokerage module offers several features to help MFDs manage their earnings efficiently. Here are some of the main features:

Password-Protected Brokerage Reports

The brokerage module is secure, requiring a password to access the reports.

MFDs can generate brokerage reports based on different time ranges.

The reports can be filtered by various categories such as AMC-wise (Asset Management Company), sub-broker-wise, sub-asset-wise, branch-wise, scheme-wise, EUIN-wise (Employee Unique Identification Number), transaction-wise, and client-wise.

Categories of Brokerage

The brokerage earnings are divided into four categories:

Trail: Ongoing commission for as long as the client remains invested.

Incentive: Additional rewards for achieving certain targets.

Clawback: Deduction of previously paid commissions if certain conditions are not met.

Transaction Charge: Fees for each transaction processed.

Registrar Type Selection

MFDs can select the type of registrar (CAMS or Karvy) to receive the brokerage file accordingly.

Brokerage Growth Report:

The module allows MFDs to see the year-wise growth of their brokerage earnings.

This helps in understanding trends and planning future strategies.

Reconciliation Report

MFDs can compare the actual brokerage received during a specific period with the pre-decided brokerage agreed upon with the AMC.

This ensures that there are no discrepancies and helps maintain transparency.

How the Brokerage Module Benefits MFDs

The brokerage module in our Mutual Fund Software for distributors in India provides several benefits:

Accuracy: Ensures that MFDs receive the correct brokerage amount for their work.

Transparency: Provides detailed reports that help in tracking and verifying earnings.

Efficiency: Saves time by automating the process of calculating and reporting brokerage.

Security: Password-protected access ensures that sensitive information is secure.

Conclusion

Managing brokerage earnings accurately is crucial for MFDs. Our brokerage module in the portfolio management software is designed to make this process smooth and efficient. By providing detailed, password-protected reports, and the ability to track earnings across various categories, our software ensures that MFDs can focus more on their clients and less on administrative tasks.

If you're an MFD in India looking for reliable mutual fund software, check out our solutions at REDVision Technologies. Our tools are designed to help you manage your business effectively and ensure that you get paid what you deserve for your hard work.

[life-and-health-insurance]

What is eIA account?

Over 20,000 crore rupees are unclaimed with insurance companies! Why? Because insured person hides about their insurance with the family, nominee's are unaware of the policy or the policy documents are lost. Please don't let your family miss out here. Starting from April 1st, 2024, India mandates e-insurance accounts for ALL new policies. This means NO MORE lost documents and a secure way to store all your insurance (health, term, motor) digitally. Open your FREE e-insurance account TODAY at CAMS, NSDL, CDSL, or Karvy websites! Click here to open an account today: CAMS - https://www.camsrepository.com/eIALogin/CR_Login.aspx NSDL - https://nironline.ndml.in/NIR/loginPwd.html CDSL - https://epic.cirl.co.in/eia/eialogin.do Karvy - https://www.kinrep.com/protectmypolicy/

[wabisabiyours]

After around 3 and a half years, you texted me saying happy birthday but then you deleted it before I could reply back...why yaar why I mean ke kem apde uncomfortable reta che ek bija sathe jyare both of us want to talk with each other is what I feel. I may be wrong also tane vaat ni karvi hoi Mari sathe but like the bond we shared was something very special..4 varas ma koi sathe evu bani j ni sakyu me try bi ni Kari tara sivay koi dekhay j ni..I know me bo silly foolish mistake kareli hati which destroyed everything between us but I want you to give us one chance to revive our friendship. I love you so much..❤️

[wealthview]

IPO allotment status check online by PAN number in 2024

New Post has been published on https://wealthview.co.in/ipo-allotment-status-check/

IPO allotment status check online by PAN number in 2024

Investing in exciting new companies can be thrilling, but the real nail-biting moment comes when those shares are up for grabs. That’s where IPO allotment status check steps in – the key to unlocking your potential windfall (or knowing when to adjust your portfolio strategy)

But navigating the maze of allotment checks can be confusing, especially for first-time investors. Fear not, fellow financiers! This comprehensive guide will equip you with all the tools and tactics you need to confidently track your IPO shares.

Why Checking Your Allotment Matters:

Investing in an IPO can be lucrative, but only if you secure those coveted shares. Knowing your allotment status tells you:

Did you land any shares? Celebrate or recalibrate your investment plans.

How many shares did you get? Understand your stake in the company.

Did your bid price get accepted? Analyze your offer strategy for future IPOs.

The good news is, checking your allotment status is easier than navigating rush hour traffic (mostly).

Here’s a comprehensive guide on How to check IPO allotment status:

1. Through the IPO Registrar’s Website:

IPO allotment status check online by PAN Number

Identify the registrar: Check the IPO prospectus or online sources to find the registrar handling the IPO you applied for. Common registrars include Link Intime, KFin Technologies, and Karvy.

Visit the registrar’s website: Go to the registrar’s official website and locate the “IPO Allotment Status” or “Check Application Status” section.

Enter details: Provide your PAN number (Permanent Account Number) or application number, along with any other requested information, such as your DP Client ID.

View status: The website will display your allotment status, indicating whether you’ve been allotted shares, the number of shares allotted, the final issue price, and other relevant details.

2. Through the Stock Exchange Platform:

IPO allotment status check online by PAN Number

IPO allotment status NSE and BSE Website:  Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) offer online facilities to check IPO allotment status.

Visit the exchange website: Go to either bseindia.com or nseindia.com and navigate to the “IPO” or “Investor Services” section.

Find the allotment status page: Look for the link or section dedicated to checking IPO allotment status.

Enter application details: Provide your PAN number, application number, and the name of the IPO.

View status: The exchange website will display your allotment status.

3. Through Demat Account:

Check within your account: Some demat account providers, like Zerodha and Upstox, display IPO allotment information directly within their platforms.

Log in to your demat account: Access your demat account through the provider’s website or app.

Locate IPO section: Look for a section related to IPOs or investments.

View allotment status: The platform should display your allotment status for recent IPOs you’ve applied for.

4. By Email or SMS:

Notifications from registrar: Some registrars proactively send email or SMS notifications to applicants informing them of their allotment status.

Check inbox/SMS: Look for messages from the registrar or your broker regarding the IPO allotment.

Additional Tips: IPO allotment status check

Keep application details handy: Have your PAN number, application number, and DP Client ID readily available for checking status.

Check regularly: Allotment status is typically available within 2-4 days after the IPO bidding period closes.

Contact registrar for assistance: If you encounter any issues or have questions, reach out to the IPO registrar directly for assistance.

Check Early in the Morning: For faster results and smoother website access, check your allotment status early in the morning on the specified date. This is when the websites are less likely to be experiencing high traffic.

What to Do If Not Allotted Shares:

Double-check application details: Ensure you’ve entered your PAN number, application number, and other details correctly.

Contact the registrar: If you’re confident your details are accurate and still haven’t received any shares, reach out to the IPO registrar for assistance. They can investigate any potential issues and provide clarity on your allotment status.

Conclusion:

Checking your IPO allotment status is crucial, and knowing your options makes the process even easier. Whether you prefer the registrar’s website, the stock exchange platform, your demat account, or simply wait for email/SMS notifications, there’s a method that works for you. Remember, checking early on the designated date gives you the best chance for a smooth experience.

But while staying informed and checking your status promptly is important, it’s also crucial to invest diligently and responsibly. Don’t let the excitement of IPOs cloud your judgment. Research thoroughly, understand the risks involved, and invest within your means. By using the right tools and making informed decisions, you can navigate the world of IPOs with confidence.

FAQ: IPO Allotment and Checking Status

When will I know if I received shares?Allotment status is typically available within 2-4 days after the IPO bidding period closes. Check early in the morning on the specified date for faster results.

I didn’t receive any shares. What should I do?

Double-check your application details to ensure they are accurate. If confirmed, contact the IPO registrar for assistance. They can investigate any issues and clarify your allotment status.

How long does it take to get the allotted shares?

Allotted shares will be credited to your demat account on the listing date of the IPO. This typically happens within a few days after the allotment announcement.

Do I need to do anything to receive the allotted shares?

No, as long as you have a valid demat account with sufficient funds to cover the application amount, the shares will be automatically credited on the listing date.

How do I know the final issue price of the shares?

The final issue price is determined by the company and announced after the bidding process concludes. It will be displayed alongside your allotment information on the registrar’s website or chosen platform.

Can I sell my allotted shares immediately after listing?

Yes, you can sell your allotted shares on the stock exchange once the IPO is listed. However, remember that stock prices can fluctuate significantly, so make informed decisions based on market conditions and your investment goals.

Also Read: How to Apply for an IPO?