Wealth Management

Overview

In today’s world, full of risks and unpredictability, it is essential to strike a balance between savings and investments, cover the risks and get maximum returns for your investments. Investing in a variety of funds, each with a different set of advantages such as higher interest rates, funds safety, returns, liquidity, etc. is a smarter and wiser decision. We at Findoc Financial Services Group, provide you with various opportunities to grow your money. We offer a wide range of financial products to channelize your investments to the best of your interest. We extend our facilities of secured and unsecured loans, fixed deposits, bonds, mutual funds and Initial Public Offering (IPO) for profitable investments and several insurance plans for risk coverage.

Our Feature Products

IPO

Initial Public Offering, or commonly referred to as IPO is the issuance of fresh shares of a private company to the public. The company raises funds via this method from the common public. Retailers invest in such IPOs in exchange for participation in the company’s growth. Findoc plays an important role for its clients when any new IPO is offered. There is an in-depth company analysis provided along with actionable results.

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Mutual Funds

A pool of funds contributed by several investors to make a portfolio. This portfolio is managed by a mutual fund manager who invests the money in securities such as stocks and fixed incomes. The investor can buy a share of this fund which is known as NAV or net asset value. Findoc provides an advanced platform with hassle-free customer-friendly investment options. Apart from the technology, the team provides top-notch research to pick the right mutual funds.

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Insurance

A legal contract between two parties in which the insurance company promises to make good the losses of the premium paying customer. The company is referred to as the insurer while the customer is called the insured. There are two broad areas of insurance namely life and general. Findoc provides you with a conducive way to make your insurance decisions timely and foolproof.

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Loan

A lump sum amount availed at a fixed rate of interest and must be repaid over a specific time period is termed as loan. Findoc provides an array of loan products including home loans, loans against property, lease rental discounting, SME loans, personal loans, and business loans. The process is convenient with the best possible interest rates present in the market. For this, we have tie-ups with renowned private sector banks and MNCs.

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Frequently Asked Questions

IPO

How are IPO investments taxed?

When the IPO shares are allotted to you, the capital gains are taxed once you sell them. These taxes on the capital gains can be short-term or long-term depending on the time horizon you have kept the IPOs.

When to sell IPO's allotted shares?

While there is no full proof winning strategy, however for an excellent quality stock the listing day gains can raise up to 70% to 80%. You can stay in the stock for a long time investment horizon if you see the potential in the company.

How many investors fail to get shares on IPO?

An IPO can be oversubscribed or undersubscribed, depending on the number of subscriptions. It has been generally noted that popular stocks are subscribed to much more than available stocks and many investor fail to get any shares. For example: IPO was subscribed over 112 times, making it the most successful share sale.

Mutual Funds

How is a mutual fund set-up?

To set-up a mutual fund, a Trust is established under the Indian Trust Act by the sponsor. The trustees work for the benefit of the investors and safeguard them for any unfair practices. To manage this fund, the trust appoints an AMC.

What is NAV?

NAV or Net Asset Value is the market value of the mutual fund security which is calculated by dividing the net asset value of the scheme with the number of units outstanding. As an investor, you will be buying NAV to invest in the mutual fund. What all documents are required? The following documents are required to participate in the mutual fund for the first time: Proof of identity like Pan card. Proof of Address like UID, voter ID, passport, etc. Passport size photograph.

What to consider while selecting a mutual funds scheme?

While choosing the mutual fund there are various factors to consider to match your investment objectives. This might include the size of the fund, diversification of the fund, requirement of investment, and the level of security.

Insurance

What are the important things I should keep in mind while insuring my vehicle?

The insurance process begins with filling your details correctly in the proposal form. It is mandatory to ensure that all the information is correctly recorded. If any further changes occur, it can be easily affected by an endorsement issued by the insurer.

What should I do in case of an accident/theft or vehicle?

In case of accident or theft, register a claim immediately. You should also report to the police in case of theft or third party injury or death or property damage.

When should I renew the insurance for my vehicle?

The insurance policy is due to be renewed every year and is recommended to do the same before the expiry date to avoid penalty.

Loan

What security will I have to provide?

The property on which you are securing the loan is generally preferred. It is important, however, on your part to ensure any existing mortgage or loan or litigation which can affect the title of the property.

Do I get any tax benefits on the home loan?

Under Income Tax 1961, you are eligible for tax benefits on the principal and interest components of your home loan.

When can I make a home loan application?

The minute you decide to purchase or construct a house, you can apply for the home loan.

Disclaimer The information contained in this file is provided for informational purposes only, and should not be construed as legal advice on any matter. The content and interpretation of the law addressed herein is subject to revision. We disclaim all liability in respect to actions taken or not taken based on any or all the contents of this file to the fullest extent permitted by law. Every effort is made to avoid errors. In spite of that, errors and discrepancies may creep in. It is expressly stated that neither Findoc Investmart Private Limited nor any of the contributors of updates will be responsible for any damage to anybody on the basis of this document. Readers are, therefore, requested to cross check with the original sources e.g. Government publications, Orders, Judgments etc., before taking any action or making any decision. These services are being provided through our group companies Findoc Capital Mart Pvt Ltd and Findoc Finvest Private Limited

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Important Message The information contained in this file is provided for informational purposes only, and should not be construed as legal advice on any matter. The content and interpretation of the law addressed herein is subject to revision. We disclaim all liability in respect to actions taken or not taken based on any or all the contents of this file to the fullest extent permitted by law. Every effort is made to avoid errors. In spite of that, errors and discrepancies may creep in. It is expressly stated that neither Findoc Investmart Private Limited nor any of the contributors of updates will be responsible for any damage to anybody on the basis of this document. Readers are, therefore, requested to cross check with the original sources e.g. Government publications, Orders, Judgments etc., before taking any action or making any decision. These services are being provided through our group companies Findoc Capital Mart Pvt Ltd and Findoc Finvest Private Limited

Attention Investors
  • 1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
  • 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
  • 3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries forrefund as the money remains in investor's account."
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactionsin your demat account directly from NSDLon thesame day......................issued in the interest of investors."

Findoc Commodities Pvt. Ltd.

Registered Office :

4th Floor.Kartar Bhawan. Near PAU
Gate No.l. Ferozepur Road, Ludhiana -141001.

FINDOC INVESTMART PVT. LTD./FINDOC FINVEST PVT LTD.

Registered Office :

SCO 210-211, Sector 34-A Chandigarh-160022

Corporate Office :

4th Floor, Kartar Bhawan, Near PAU Gate No.1, Ferozepur Road Ludhiana -141001.