Unbiased Reviews | Fixed Income

Edelweiss Financial Services Ltd has launched a new NCD. Is it worth it?

MAS Team 04 January 2023
0
SHARE

Edelweiss Financial Services Ltd has launched the 2023 non-convertible debenture (NCD) calendar with a public issue of Rs400 crore.

more

Bharat Bond ETF: Is It Worth Investing in?

MAS Team 11 December 2019
0
SHARE

After the successful management of the two equity ETFs (exchange traded funds), namely, Bharat 22 and Central Public Sector Enterprises, the Union...

more

Muthoot Finance Offering up to10% Interest on NCDs. Should You Invest?

MAS Team 11 December 2019
0
SHARE

Kerala-based Muthoot Finance Ltd plans to raise Rs790 crore from the public through an issue of secured non-convertible debentures (NCDs).

more

Muthoot Finance Offering 10% Interest on NCDs. Should You Invest?

MAS Team 01 October 2019
0
SHARE

Muthoot Finance plans to raise Rs1,000 crore from the public through the issue of secured non-convertible debentures (NCDs)

more

8.85% Interest on Tata Financial Services NCDs. Should You Invest?

MAS Team 16 August 2019
0
SHARE

Tata Capital Financial Services (TCFSL) plans to raise Rs4,126 crore from the public through the issue of secured and unsecured non-convertible...

more

10.50% Interest on IIFL’s NCDs. Should You Invest?

MAS Team 07 August 2019
0
SHARE

India Infoline Finance (IIFL Finance) plans to raise Rs1,000 crore from the public through the issue of secured and unsecured non-convertible...

more

10.50% Interest on Indiabulls Consumer Finance NCDs. Should You Invest?

MAS Team 01 August 2019
0
SHARE

Indiabulls Consumer Finance Limited (IBCFL) plans to raise Rs1,000 crore from the public through an issue of secured redeemable non-convertible...

more

10.60% Interest on Indiabulls Consumer Finance NCDs. Should You Invest?

MAS Team 31 May 2019
0
SHARE

Indiabulls Consumer Finance Limited (IBCFL) plans to raise Rs1,000 crore from the public through an issue of secured redeemable non-convertible...

more

Where To Invest To Get a Regular Income?

Shubhada Pujare 24 May 2019
0
SHARE

Investments that provide stable returns and safeguard the individual’s capital from market risks are the most pursued financial products by...

more

ECL Finance Offers 10.40% Interest on NCDs. Should You Invest?

MAS Team 09 May 2019
0
SHARE

ECL Finance (ECLF), a non-banking finance company (NBFC), plans to raise Rs300 crore through the issue of secured non-convertible debentures (NCDs)

more
  Loading...
  Loading...

To continue


Please
Sign Up or Sign In
with

Email

We are listening!

Solve the equation and enter in the Captcha field.

Changes in Our Business Model
 
 
25th Sept 2020
 
Greetings from Moneylife Advisory Services
 
Between financial years 2019-21, SEBI has come up with extensive changes to investor advisor regulations. On Sep 23, 2020, SEBI had issued new additional guidelines. This comes just two months after extensive changes announced in July 2020. Earlier, in December 2019 there was an ad hoc circular
 
As a result of these changes, IAs, cannot accept fees through credit cards, will have to sign a 26-clause investor agreement, have to maintain physical record written & signed by client, telephone recording, emails, SMS messages and any other legally verifiable record for five years. IAs were already asked to record the suitability and rationale for every piece of advice given, sign them and store them for five years.
 
While these extensive and frequent changes, designed to strengthen the conduct of IAs are well-meaning, these have sharply increased compliance efforts and cost. We, being online advisors, find many of changes harder to implement, compared to advisors working in the physical space. We will have to have an army of advisors, administrative and tech staff to be compliant. If we do this, we will have to divert money to these areas and the cost of our service will double. We want to remain the least-cost service in the market to benefit more and more people. In the circumstances, we are forced to change our business model from “advisory” to “research”. This will mean the following:
 
What remains the same:
  • Recommendations on insurance, investment and Lion stocks, will continue as a part of the MAS premium subscription. Our strength has always been research and this will remain available to you through our recommendations.
  • The magazine and all textual content will remain as part of the service
  • We will have to suspend the restructuring tool.
 
What changes:
  • The interactions in Ask / Handholding will offer investment advice but not specific to your situation. It will offer information on investment products and also clarify your doubts about various financial products. It will be a forum for information, not for advice. This will be implemented with immediate effect and our guidelines in Ask, reflect this now.
 
Over the next few weeks our site and our communication to you will reflect these and other additional changes.
 
We feel this will not affect you much in terms of what really matters in investing: knowing what to buy and when to buy. This is our edge and it will still be available to you.
 
img
Debashis Basu
Founder