(The above video is in Hindi language and if you are not familiar with Hindi language, then read this post to understand the video content.)
Hey welcome back!
Today is 10th March 2021 and you will get the video tomorrow that is on 11th March 2021 @ 8 O'clock in the morning. we are ready with this month's Smart Mutual Fund SIP.
1st of all, Let's check the valuation of the stock market.
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| P/E Price to Earnings Valuation of Sensex on 10th March 2021 |
Date - 10-03-2021
BSE - Sensex - 51279.51
PE (Price to Earning) - 35.94
Price to Book Value - 3.48
Dividend Yield - 0.7
Right now stock market valuation is at 36 PE (Price to Earning) means for earning one rupee we have to give 36 rupees right now, which is very expensive deal as it is delivering just 2.78% return, and right now bank saving accounts are offering 3% to 4% interest rate and hence the expected return is much less than the bank saving account. Bank saving account offers risk free return of 3% to 4% return then why the hell we will take risk of investing the money in stock market for 2.78% returns expectations.
So, we will not infuse new money in stock market right now and instead we will park the money in debt fund especially, in GILT Fund.
The Fund that we are investing is, Nippon India Gilt Securities Fund.
SIP AMOUNT - 5000
NAV - 32.1469
No. of Units allotted - 155.528
and this is the current status of stock market portfolio
Total money invested - 9,50,393
Market Value of Investment - 13,90,040.45
Change - 4,39,646.75 (46.26%)
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