India’s primary market is set for another active week, with 11 initial public offerings (IPOs) opening for subscription, including three mainboard offerings and eight SME issues. Investors will also witness seven stock market listings over the coming days.

Among the biggest offerings are Manipal Health Enterprises, Juniper Green Energy and MV Electrosystems, all of which are expected to attract significant investor attention.

Mainboard IPOs opening this week

Manipal Health Enterprises IPO

Healthcare provider Manipal Health Enterprises plans to raise ₹9,275.22 crore through its public issue.

The IPO comprises:

• Fresh issue: ₹8,000 crore
• Offer for Sale (OFS): ₹1,275.22 crore

The company plans to use the proceeds to:

• Repay borrowings of subsidiary Manipal Hospitals Private Limited
• Acquire the minority stake in Sahyadri Hospitals
• Meet general corporate requirements

IPO Details

• Price Band: ₹560–₹590 per share
• Lot Size: 25 shares

Manipal Health operates a nationwide network of multi-speciality hospitals offering services ranging from outpatient care to advanced tertiary and quaternary treatments.

MV Electrosystems IPO

MV Electrosystems, a manufacturer of overhead electrification (OHE) equipment for the railway sector, will open its IPO on July 30.

The company aims to raise ₹290 crore through a fresh issue of equity shares. There is no Offer for Sale (OFS) in the issue.

The proceeds will be used for:

• Working capital requirements
• Research and development of power electronic equipment
• General corporate purposes

IPO Details

• Issue Size: ₹290 crore
• Price Band: ₹400–₹425 per share
• Lot Size: 34 shares
• Subscription Period: July 30 – August 3

Juniper Green Energy IPO

Renewable energy company Juniper Green Energy is launching a ₹1,800 crore IPO comprising entirely a fresh issue of shares.

The company intends to utilize the proceeds for:

• Repayment of borrowings
• Funding debt obligations of subsidiaries
• General corporate purposes

IPO Details

• Issue Size: ₹1,800 crore
• Price Band: ₹214–₹225 per share
• Lot Size: 66 shares
• Subscription Period: July 30 – August 3

Juniper Green develops, builds and operates utility-scale renewable energy projects, generating revenue through long-term electricity supply agreements with government-backed and other power purchasers.

SME IPOs opening this week

Apart from the mainboard offerings, eight SME IPOs are scheduled to open:

• Propshop Events & Exhibitions
• Advance Technoforge
• Poojaa Precision Engineering
• HR Hygiene Products
• Dhaval Packaging
• Oneindig Technologies
• GV Electricals
• Fusion Klassroom Edutech

These offerings span sectors including engineering, manufacturing, education technology, packaging and electrical equipment.

IPO listings scheduled this week

Seven companies are expected to debut on the stock exchanges this week:

• Indo-MIM
• Xtranet Technologies
• Lohia Corp
• Gulf Lloyds
• Metalic Technoforge
• Shree Balaji Mala
• Silverstorm Parks & Resorts

Investors will closely watch these listings to gauge market sentiment and demand for recent public issues.

Busy week for primary markets

With three sizeable mainboard IPOs, multiple SME offerings and several scheduled listings, the week is expected to remain active for investors tracking India’s primary market.

Market participants are likely to focus on subscription trends, valuation, institutional participation and listing performance as fresh public issues continue to hit the market.

FAQ

Which are the major IPOs opening this week?

The key mainboard IPOs are Manipal Health Enterprises, Juniper Green Energy, and MV Electrosystems.

How much is Manipal Health Enterprises raising?

The company plans to raise ₹9,275.22 crore, comprising an ₹8,000 crore fresh issue and an Offer for Sale worth ₹1,275.22 crore.

How many SME IPOs are opening this week?

A total of eight SME IPOs are scheduled to open for subscription.

Which companies are scheduled to list this week?

The companies expected to list include Indo-MIM, Xtranet Technologies, Lohia Corp, Gulf Lloyds, Metalic Technoforge, Shree Balaji Mala, and Silverstorm Parks & Resorts.

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During this entire month, government and private banks across the country will remain closed for a total of 15 days. These holidays include national festivals like Independence Day, Ganesh Chaturthi and Janmashtami as well as cultural and religious festivals celebrated in various states. Apart from this, like every month, banks will remain closed on every Sunday and on the second and fourth Saturdays.

So if you have to do any urgent work at the bank, plan ahead keeping in mind the August holidays. Especially around festivals and weekends, when banks may remain closed for two or three days in a row.

If we talk about weekends, then in August, banks will remain closed on 3rd, 9th, 10th, 17th, 23rd, 24th and 31st. These are the days that fall under regular weekend holidays. That is, all Sundays and the second and fourth Saturdays of every month. Apart from this, there may be holidays in your state, the details of which are given below.

• Banks closed in Gangtok, Sikkim on August 8
• On August 9, there will be a bank holiday in many states like Gujarat, Rajasthan, Uttarakhand, Himachal Pradesh and Madhya Pradesh on the occasion of Raksha Bandhan and Jhulan Purnima.
• Banks will remain closed on August 13 in Imphal, Manipur on Patriotic Day.
• On August 15, there will be a holiday across India on Independence Day, along with the Parsi New Year (Shahinshahi), Janmashtami will also be celebrated in some states.
• Banks will remain closed in Gujarat, Tamil Nadu, Bihar, Telangana, Sikkim, Jammu and Kashmir and many other states on August 16 on the occasion of Janmashtami (Shavan Vad-8) and Krishna Jayanti.
• There will be a holiday in Agartala, Tripura on August 19 on the birthday of Maharaja Veer Bikram Kishore Manikya Bahadur.
• Banks will remain closed in Guwahati, Assam on August 25 due to the death anniversary of Sant Shrimant Shankardev.
• Banks will remain closed on August 27 on the occasion of Ganesh Chaturthi in states like Maharashtra, Goa, Karnataka, Telangana, Andhra Pradesh and Gujarat.
• There will be a holiday in Odisha and Goa on August 28, the second day of Nuakhai and Ganesh Chaturthi.

How will work be done when the bank is closed?

There is no need to panic. Most banking services have gone digital these days. Be it net banking, mobile banking, UPI payments or withdrawing money from ATMs. All these facilities are available at all times, even on holidays. Yes, some tasks like cheque clearing or processing of promissory notes, which comes under the Negotiable Instruments Act, are not possible without banks being open.

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Usually there is no trading in the stock market on weekends. According to the NSE trading holiday list, the next official market closure will be on August 15 (Independence Day), apart from this, the market will be closed on August 16, Saturday and August 17, Sunday. After this, the market will be closed on Ganesh Chaturthi on August 27. A total of 14 trading holidays have been fixed for the entire year 2025.

List of holidays in stock market….

• 15 August – Independence Day/Parsi New Year 
• August 27 – Ganesh Chaturthi 
• October 2 – Mahatma Gandhi Jayanti/Dussehra 
• October 21 – Diwali Laxmi Pujan 
• 22 October- Diwali Balipratipada 
• 5 November – Prakash Guruparva Shri Guru Nanak Dev 
• December 25 – Christmas

Bank holidays in July

Banks will also remain closed for 13 days in July. Apart from the 4 Sundays and second and fourth Saturdays of the month, there will be no work in banks for 7 more days. Under the Negotiable Instruments Act of RBI, banks will remain closed in view of local festivals and religious festivals in many different states. However, during this time customers can take the help of online banking.

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At the same time, in this month of April, the stock market is going to be closed for three days apart from Saturday and Sunday. Due to these holidays, common people are also getting the opportunity of two long weekends. This will give investors investing money in the stock market time to re-determine their strategy.

Stock Market Holidays in April 2025

The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed on these dates in April.

April 10 (Thursday): Mahavir Jayanti

April 14 (Monday): Dr. Bhimrao Ambedkar Jayanti

April 18 (Friday): Good Friday

All these holidays will be applicable across equity, derivatives and currency trading segments.

Benefit of two long weekends – Due to these holidays there are two long weekends in April.

April 12 to 14 (Saturday to Monday): Three days holiday on account of Ambedkar Jayanti

April 18 to 20 (Friday to Sunday): Second long weekend starting from Good Friday

These holidays are coming at a time when global markets are witnessing a huge decline due to the recent tariff announcement by US President Donald Trump. In such a situation, these stock market holidays will give investors a chance to reconsider their strategy. Overall, the month of April has brought some stability between the ups and downs of the market.

When will the stock market remain closed in the coming months

May 1 (Thursday): Maharashtra Day

August 15 (Friday): Independence Day

August 27 (Wednesday): Ganesh Chaturthi

October 2 (Thursday): Gandhi Jayanti

October 21-22 (Tuesday-Wednesday): Diwali Holiday

November 5 (Wednesday ): Festival of Lights

December 25 (Thursday) : Christmas

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In this way a fund of Rs 1 crore will be prepared

If you are lucky, you can get 50% annual return from mutual fund SIP. But it depends on the condition of the stock market and the performance of the fund. However, in the long term, an average annual return of 12% is easily obtained in SIP. Here we are assuming an average annual return of 12%. Now if you invest Rs 6000 every month in SIP, then in 24 years you will have a fund of ₹1,00,36,123. In this, Rs 17,28,000 is your investment amount and Rs 83,08,123 is interest income.

Investors should keep these things in mind

While investing in mutual fund SIP, you should pay special attention to some important things. First of all, you should know that SIP never gives a fixed return. In SIP, you can get a return of 20 percent or even a negative return of -10 percent. You also have to pay long term capital gains tax on the total return received through SIP. In such a situation, your total corpus may decrease. This year, the central government has increased the long term capital gains tax from 10 percent to 12.5 percent.

Disclaimer: Money invested in mutual funds is subject to market risks. Before investing in it, take advice from experts. If you invest in mutual funds without information, in this situation you may have to face a big loss. The return on investment made in mutual funds is decided by the market behavior.

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These changes have been made based on the recommendations of a working group on credit rating agencies. The working group had highlighted the challenges arising from the existing timelines, especially on non-working days.

“One of the recommendations of the CRA Working Group on Ease of Doing Business relates to amendment in the approach for specifying timelines from ‘days’ to ‘working days’,” Sebi said.

Under the revised rules, credit rating agencies are required to issue a press release on rating actions within seven working days of the occurrence of an event, which was earlier seven calendar days. Similarly, the timeline for review of ratings in cases of delay in debt servicing has been adjusted from two calendar days to two working days. Also, Sebi has extended the timeline for marking the rating as ‘issuer not cooperating’ if the non-default statement or ‘NDS’ is not submitted for three consecutive months to five working days instead of seven calendar days.

Let us tell you that the Securities Exchange Board of India issues new guidelines from time to time to maintain transparency in the stock market and protect the interests of investors. Apart from this, SEBI also takes action to impose fines on brokers or big companies carrying out illegal activities in the stock market. Recently, in the case of front running, SEBI has imposed fines on many big investors and brokers, and has also banned them from working in the stock market.

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This technology makes trading faster, cheaper and more transparent through computer programs. By using algo trading, investors can buy and sell quickly.

This makes it easier to transact in the stock market and SEBI says that this facility will be provided to retail investors with safety and proper regulations. SEBI had sought suggestions from the public on this proposal till December 3. After this, the final rules will be issued. According to a previous study by SEBI, 97% of FPI (Foreign Portfolio Investors) and 96% of proprietary traders’ profits in Futures and Options (F&O) trade in FY24 came from algo trading.

According to the proposal given by SEBI, the facility of algo trading will be provided to retail investors through stock brokers. For this, the broker will first have to take permission from the stock exchange. Every transaction in the trade will be tagged with a unique identifier given by the stock exchange, so that the trade can be monitored. The broker will have to take permission from the exchange for any change in the algorithm system.

API will be used

API (Application Programming Interface-API) will be used for algo trading. Brokers will play a key role in this process, while algo providers or fintech companies will act as their agents. Providers providing algo trading facilities will have to register with the stock exchange.

According to a report in Business Standard, stock exchanges, in collaboration with SEBI, will decide on the responsibilities of brokers and algorithm providers. To speed up the registration of certain types of algorithms (such as execution algorithms), a turnaround time (TAT) will be fixed.

Ajay Garg, Director and CEO, SMC Global Securities Limited, says that SEBI’s proposal for algorithmic trading for retail investors is the need of the hour. He said that under the new framework, retail investors will be able to use approved algorithms only from registered brokers. This step will protect the interests of investors.

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However, for this, customers will have to spend Rs 299. Let’s know in detail about this new membership plan –

What facilities will be available?

The company has said that ‘One BLCK’ members will get faster food delivery. There will also be a one-time guarantee for this. Apart from this, members will also get the facility of top customer care agents. Also, their problems will be solved on priority basis. For Swiggy’s ‘One BLCK’ service, customers will have to spend Rs 299. In this, they will get the facility for 3 months.

The company will launch the ‘One BLCK’ service in phases. Currently, this facility will be available to only selected customers in the country. At the same time, existing Swiggy ‘One Members’ can also upgrade to it.

New facilities will also be available

While launching this new service, Swiggy has said that this is the industry’s first premium membership. ‘One BLCK’ is a membership plan in which you will get offers on different categories of food delivery, quick commerce. Members will also get offers related to partner brands like Amazon Prime, Hotstar etc.

What has the co-founder of Swiggy said?

Swiggy co-founder and CGO Phani Kishan said, “Swiggy ‘One BLCK’ is like a business class for our customers. With this launch, we are setting a new benchmark in the industry.” In the year 2021, the company launched Swiggy One Members. 80 percent of Swiggy One members use one or more Swiggy services. At the same time, these members spend 3 times more than the normal users of Swiggy.

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This decision has come at a time when market regulator Securities and Exchange Board of India (SEBI) is advocating small SIPs so that investors’ participation is higher. Recently SEBI Chairperson Madhavi Puri Buch talked about micro-SIP.

Daily wage labourers will also be able to take advantage of the stock market boom.
Speaking at an event organised to launch the NFO on manufacturing fund in Mumbai, RK Jha said that the AMC is working with registrar KFintech Services. LIC Mutual Fund plans to reduce the current limit of minimum SIP amount to Rs 100 per day and Rs 200 for monthly SIP. He said that this move will help the fund house reach those sections of the society which have not benefited from the stock market boom.

LIC Mutual Fund will increase AU

Jha further said that the fund house is aiming to increase its asset under management (AUM) from Rs 35,000 crore to Rs 65,000 crore by the end of this financial year and to Rs 1 lakh crore by the end of FY 2025-26.

What is SIP?

SIP is the easiest way to invest in mutual funds. Under SIP, the investor invests a fixed amount at regular intervals. A fixed amount is deducted from your bank account at regular intervals and invested in SIP.

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Banks Holiday on Janmashtami 2024: On the occasion of Janmashtami, banks will remain closed in different cities of the country. But banks will remain open in some big cities. RBI has allowed banks to remain closed on the occasion of Janmashtami. However, there is no bank holiday in some cities today. In such a situation, customers should check with their bank whether their branch or bank is open or closed today. Because bank holidays are different in different states. However, even during bank holidays, you can work using online and mobile banking. Apart from this, the stock market and commodity market are going to work as before.

Banking operations will continue in these cities

Banks will remain closed in many cities including Lucknow, Kanpur, Ahmedabad, Bhopal, Bhubaneswar, Chennai, Dehradun, Gangtok, Hyderabad, Jaipur, Kolkata, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar, Jammu and Chandigarh. This includes both government and private banks. Apart from this, work will continue in banks in states like Maharashtra, New Delhi, Karnataka, Assam, Kerala and Goa.

Work can be done through net banking

In the cities where there will be a holiday on Janmashtami, the ATM service of banks will remain operational. You can avail the facility of cash withdrawal through ATM. If you have any important work related to the bank, then you can also settle it through net banking.

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Trading will be done in BSE and NSE

On the day of Janmashtami, trading will be done in the share market i.e. National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Multi Commodity Exchange (MCX) will also trade as usual in both morning and evening sessions on August 26. Apart from the weekly holiday, the stock market will remain closed on October 2, November 1, November 15 and December 25 this year.

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And it is not necessary that you should turn to the stock market only for higher returns. Today we are going to tell you about those banks which are giving higher interest rates on fixed deposits.

Now you can earn more money by making fixed deposits in these banks. Although these offers of the bank are for everyone but senior citizens are being given priority. Some banks are giving returns up to 10 percent. So today we tell you about 5 such banks which are giving high returns on fixed deposits. The source of the rates given in this list is Paisa Bazaar.com.

Unity Small Finance Bank

Unity Small Finance Bank tops the list with FD rates of 7.85% for 1-year tenure, 8.15% for 3-year and 5-year tenure and a maximum rate of 9% for regular customers. Senior citizens get an additional 50 basis points (bps), taking their rate to 9.50%.

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Utkarsh Small Finance Bank

Utkarsh Small Finance Bank offers 8% interest on 1-year FDs, 8.50% for 3 years and 7.75% for 5 years. Senior citizens get an additional 60 basis points (bps), taking their FD rate to 9.10%.

Shivalik Small Finance Bank

Shivalik Small Finance Bank offers 6% rate on 1 year FD, 7.50% rate for 3 years and 6.50% rate for 5 years. Senior citizens are offered a rate of 9.05%.

Jana Small Finance Bank

Jan Small Finance Bank offers 1 year and 3 year FD rates at 8.25%, while 5 year tenure is available at 7.25%. Senior citizens get the highest interest rate of up to 8.75%.

DCB Bank

DCB Bank offers a return of 7.10% on 1-year FD, 7.55% for 3 years and 7.40% for 5 years. Senior citizens get the highest FD rate of 8.55% with an additional 50 bps.

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The group’s flagship company Adani Enterprises Limited has informed the stock markets about this. The company said that a media report has misinterpreted Gautam Adani’s successor statement.

Adani Enterprises said, “In a recent interview, Gautam Adani shared his views on succession planning to ensure the stability of the business. He said that succession is not just an event, but a journey, and it should happen in a natural, sequential and systematic manner.” According to the company, Gautam Adani had not set the age of 70 for his retirement as stated in the report. The company said, Adani has not set any date or time for retirement … He had mentioned the participation of his two sons and two nephews in various businesses of the group.

What was the matter?

‘Bloomberg News’ had reported on August 5 that 62-year-old Adani is planning to step down at the age of 70. In this report, Adani was quoted as saying, “Succession is very important for the stability of the business. I left this option to the second generation because the change should be fundamental, gradual and extremely systematic.

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” In this report, Adani’s sons – Karan (37) and Jeet (26) as well as nephews Pranav (45) and Sagar (30) were mentioned as possible successors. According to this media report, when Gautam Adani retires, all four successors will become equal beneficiaries of the family trust. The family trust controls Adani Enterprises along with eight foreign companies and one domestically formed firm.

No date

Adani Enterprises did not give any date to the stock market for Adani’s retirement or succession plan. Along with this, it said that Adani has been misquoted about successors and equal beneficial interests in the family trust. Adani started his journey as a commodity trader in the year 1988 and in just a few decades, the Adani Group expanded to ports, airports, roads, power, renewable energy, power transmission, gas distribution, real estate, FMCG, cement, data center and media business.

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Many people shy away from the stock market due to the risk involved. If you are interested in profit in the stock market and want to avoid volatility, consider investing in mutual funds through Systematic Investment Plan (SIP). SIP allows you to invest a fixed amount regularly to deal with market fluctuations with a disciplined approach.

What is Systematic Investment Plan (SIP)

Systematic Investment Plan (SIP) is not just an investment vehicle. It is a way to create reliable income for your future. By pledging to invest a fixed amount every month, you can develop a habit that can secure your financial future. Even starting with Rs 3000 per month at the age of 25 can make a huge impact.

What is Compounded Growth

The power of compounding works wonders over time. If you start investing Rs 3,000 every month at the age of 25, you would have invested Rs 36,000 in the first year, but by the time you reach the age of 35, the cumulative investment will be Rs 1.89 lakh. The magic happens when you continue this disciplined approach for 35 years

Know how a Rs 3,000 monthly SIP turns into Rs 1.5 lakh per month

Assuming an average annual return of 12 per cent, your SIP investment of Rs 1.89 lakh in the first year can grow to Rs 2.99 crore by the end of 35 years. SIP turns your consistent monthly investments into a substantial wealth-building strategy. If you choose to invest this substantial sum of about Rs three crore in your retirement fund, even at a modest fixed deposit rate of 6 per cent, it can provide you a monthly income of about Rs 1.5 lakh.

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Recurring Deposit (RD) is a very popular scheme among the savings schemes of the post office, in which bumper returns can be obtained by depositing money on a monthly basis. People are given strong interest on investing in this scheme. Investing in it is very easy, safe and reliable. The special thing is that if you invest in the stock market or schemes of any other financial companies, then the chances of your money sinking are high. On the other hand, if you invest money in this scheme of the post office, then the chances of sinking are less. Let us know about the Post Office Recurring Deposit Scheme.

How much interest do you get

If you want to invest in RD of Post Office Schemes , then you should also get information about the interest you get on investing in it. The central government has currently increased the interest rate on investing in the Post Office Recurring Deposit Scheme. After investing in this scheme, the investor is paid interest at the rate of 6.7 percent. Along with this, depositing a fixed amount in this scheme gives excellent returns on the maturity date.

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How much return will you get on an investment of Rs 3000

Now if you deposit Rs 3000 every month in the post office RD scheme for 5 years, then during these 5 years, about Rs 1,80,000 will be deposited in your account. Now if interest is paid on this deposit at the rate of 6.7 percent, then the interest amount will be Rs 34,097. This means that if you deposit Rs 3000 every month for 5 years, then on the maturity date you will get a total of Rs 2,14,097.

How to calculate interest rate

According to Policybazaar.com, if someone deposits Rs 7000 every month in the Post Office RD scheme for 5 years, then his total deposit amount will be Rs 4,20,000. Now he will get interest of about Rs 77,400 on this deposit at the rate of 6.7 percent in 5 years. After this, about Rs 4,97,400 will be paid on the maturity date. The formula given below is used to calculate the interest rate.

• Monthly deposit, R = Rs. 7,000

• Tenure of RD = 5 years

• Total number of quarters in the tenure, n = 5 years X 4 quarters

• = 20 years

• Interest rate at the time of joining RD = 6.7% p.a.

• Therefore, i = 6.7/400 = 0.01675

So, the maturity amount at the end of 5 year tenure will be:

• M = R x [(1 + i) x n – 1] / 1 – (1 + i) (-1 / 3)

• Maturity amount = 7,000 x [(1 + 20) x 20 – 1] / 1 – (1 + 0.01675) (-1/3)

• Maturity amount = Rs. 4,97,400

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Stock Market News: If you are a stock market investor and continuously trade in the stock market, then there is very important news for you. Investors will not be able to trade in the stock market on Monday, May 20 next month. In fact, there will be no trading in the major stock markets BSE and National Stock Exchange on the day of general elections to be held in Mumbai on May 20. Both major stock exchanges have declared a trading holiday on that day.

What did BSE and NSE say?

BSE and NSE said on Monday that there will be no trading in equity, share futures and options and SLB (Securities Lending and Borrowing) segments. “The Exchange is declaring a trading holiday on Monday, May 20, 2024 due to elections in Mumbai,” NSE said in a circular on April 8. Let us tell you that last month the Election Commission had announced that Lok Sabha elections in Maharashtra will be held in five phases, which are scheduled on 19 April, 26 April, 7 May, 13 May and 20 May. Apart from this, NSE has also announced that the maturity date of Nifty Midcap Select Options contract will be May 17 instead of May 20.

Market closed on 11th and 17th April also

The stock market will remain closed on Thursday, April 11 on the occasion of Eid-ul-Fitr (Eid). At the same time, the market will also remain closed on 17th April (Wednesday) on the occasion of Ram Navami. Apart from this, the stock market will also remain closed on Wednesday, May 1 to commemorate the formation of the state (May 1, 1960).

On Monday, BSE Sensex closed at 74,742.50 with a gain of 494.28 points or 0.67 per cent. Nifty closed at 22,666.30, up 152.60 points or 0.68 per cent. Amidst the bullish environment on BSE, the total market capitalization (market cap) of listed companies reached an all-time record level of Rs 400.86 lakh crore on Monday. This is the first time that the total market valuation of BSE listed companies has crossed Rs 400 lakh crore.

SSY Rules: Invest after knowing these rules of Sukanya Samriddhi Yojana, if you do not understand then you may regret later.

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In such a situation, if you are already planning for a long vacation, then start collecting funds for it from today itself. If you do not want to invest directly in the stock market, then you can invest money in SIP. Let us tell you, generally long term investment is advised in SIP and through this you can add big fund with small savings.

In this series, we have brought a powerful SIP plan for you. In this plan you will have to save Rs 222 daily. You can earn more than Rs 15 lakh by long term investment in SIP for 10 years. Know the complete calculation of this SIP plan here.

SIP Calculator: Save ₹222 daily and get ₹15 lakh in your pocket!

You will have to invest Rs 222 daily in this SIP plan. Suppose you do this for 30 days of the month, that means you will invest ₹ 6,660 in a month and ₹ 79,920 in a year. Keep in mind that you have to do this SIP investment for 10 years. During this period you would have invested a total of Rs 7 lakh 99 thousand 200 in SIP. Generally, long term investment through SIP gives a return of 12%.

According to 12% return, you will get total interest of only ₹ 7,48,178 in 10 years. Let us tell you, on maturity of SIP, the amount of investment (₹ 7,99,200) and interest (₹ 7,48,178) is given together. According to the calculation, you can earn a total of ₹ 15,47,378 through this SIP plan.

Disclaimer: Keep in mind, stock market fluctuations have an impact on SIP. You must take advice from a financial advisor before investing. The maturity amount may change if the returns are more or less.

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After this, there will be two holidays each in April and November, in which the stock market will remain closed. Let us know when banks are going to remain closed due to festivals in the year 2024.

List of holidays for the year 2024

1. 26 January 2024: Friday, Republic Day

3. 25 March 2024: Monday, Holi

4. 29 March 2024 Friday, Good Friday

5. April 11, 2024: Thursday, Eid-ul-Fitr (Ramadan Eid)

6. 17 April 2024: Wednesday, Shri Ram Navami

7. 01 May 2024: Wednesday, Maharashtra Day

8. 17 June 2024: Monday, Bakrid

9. 17 July 2024: Wednesday, Moharram

10. 15 August 2024: Thursday, Independence Day/Parsi New Year

11. 02 October 2024: Wednesday, Mahatma Gandhi Jayanti

12. 01 November 2024: Friday, Diwali Lakshmi Puja

13. 15 November 2024: Friday, Guru Nanak Jayanti

14. 25 December 2024: Wednesday, Christmas

Apart from this, five other holidays will take place during weekends in 2024.

1. 14 April 2024 Sunday, Dr. Baba Saheb Ambedkar Jayanti

2. 21 April 2024 Sunday, Shri Mahavir Jayanti

3. 07 September 2024 Saturday, Ganesh Chaturthi

4. 12 October 2024 Saturday, Dussehra

5. 02 November 2024 Saturday, Diwali-Balipratipada

Muhurat Trading Schedule 2024: When will Muhurat Trading be in 2024

Muhurat trading will be done on Friday, November 1, 2024. Stock market Muhurat is evening at the time of trading which is updated later. Muhurta trading happens only for a few hours in the evening.

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Generally, trading in the stock market takes place from Monday to Friday from 9:15 am to 3:30 pm, but on Sunday the stock market is open for one hour. It opens every year on Diwali, regardless of whether it falls on Sunday or Saturday. This special session is called Muhurat Trading. Trading in ‘Muhurat’ or auspicious time is believed to bring prosperity to the stakeholders.

The Hindu calendar year starts from Diwali, which is called Samvat. Market analysts say that Diwali is considered the ideal time to start anything new. Investors are said to benefit throughout the year by trading during this session.

In Muhurta trading, Sensex and Nifty closed with a gain of more than half a percent. In the first trading session of Samvat 2080, the 30-share BSE Sensex closed 354.77 points or 0.55 per cent higher at 65,259.45. NSE Nifty closed at 19,525.55, up 100.20 points or 0.52 per cent. During this period, investors’ wealth increased by more than Rs 2 lakh crore.

During the Muhurta trading session, Infosys gained the most by 1.41 percent. Apart from this, there were significant gains in Wipro, Asian Paints, TCS, HDFC Bank, ICICI Bank, Reliance Industries, ITC, Kotak Bank and Asian Paints. Among the Sensex companies, only UltraTech Cement and Sun Pharma remained in loss.

BSE Midcap gained 0.67 percent and BSE Smallcap gained 1.14 percent. The token trading session was held between 6 pm and 7.15 pm. This session also marks the beginning of a new era.

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When it comes to safe investment, the name of post office comes in the mind of most people. All the post office schemes are run by the Government of India and its interest is also decided by the government. This is the reason why people consider investing money in post office schemes as the safest. In these post office schemes, you can get exemption under 80C on investment up to Rs 1.50 lakh.

National Savings Certificate (NSC)

You can invest a minimum of Rs 1,000 in an NSC scheme and in multiples of Rs 100 thereafter. There is no upper limit. The maturity of NSC scheme is 5 years. It earns interest at the rate of 7 per cent. This is exempted under 80C.

Senior Citizen Saving Scheme (SCSS)

If you are 60 years or more, you can open Senior Citizen Savings Account in the post office. Interest of 8 percent is available annually on this. SCSS has a maturity period of 5 years. You can invest up to a maximum of Rs 15 lakh in this.

Sukanya Samriddhi Yojana (SSY)

You can avail the benefits of Sukanya Samriddhi Yojana scheme by opening an account in the name of a girl child below 10 years of age. The girl child becomes the owner of the account when she turns 18 or becomes an adult. The current interest rate offered on Sukanya Samriddhi account is 7.6 per cent. A minimum of Rs 250 and a maximum of Rs 1.5 lakh can be deposited in this account in a financial year. Sukanya Samriddhi Yojana comes under the category of tax exemption under section 80C of the Income Tax Act.

Post office time deposit

You can also invest in post office time deposit. You can invest up to a maximum of Rs 1.50 lakh in this. Tax exemption is available under 80C on 5 years deposit. You will get 7% interest on 5 years deposit.

Public Provident Fund (PPF)

Public Provident Fund (PPF) account is a long term plan. The maturity period in PPF is 15 years. This is exempted under 80C. In this, you can invest up to a maximum of Rs 1.50 lakh in a financial year. PPF gets 7.1 percent interest annually.

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Many people cheat investors in the stock market. But now the Security Exchange Board of India has come up with a new rule for the investors. After the implementation of which money will be deducted from investors’ accounts only when investors buy shares. Broker’s commission will also not be charged before the share transaction is done. For example, the service of ASBA is taken advantage of in IPOs. Similarly, now ASBA will be implemented in the stock markets as well. After which the fraud in the stock market will be curbed.

What is ASBA?

Application Supported by Blocked Amount (ASBA) is used in India for initial public offering or follow-on public offering. In which the amount is deducted from the bank account of the investor only when the shares are allotted to him. In this rule, the amount of the first investor is blocked. Which is deducted after every transaction. Now the same rule is going to be implemented in Savvy stock market as well. SEBI will implement this rule from 1 January 2024.

Security Exchange Board of India i.e. SEBI said that through ASBA i.e. Application

Supported by Blocked Amount, people investing in the stock market can be protected from fraud. After the implementation of ASBA, the money is deducted only until the process of buying and selling of shares is completed. It remains in the hands of the investors that the amount they want to block outright, they will get the facility to deduct from the account several times. The amount of share investors is first sent to the clearing corporation. Where the amount can be withdrawn only on the purchase and sale of shares. This facility can be availed on the basis of UPI.

Investors will have options

Your money is blocked under ASBA. Which is deducted from your account only when the share transaction is done. But it completely depends on the investors and brokers whether they want to avail this facility or not. But investors who have multiple broking accounts can use non-UPI facility for some accounts and UPI facility for other accounts if they so desire. After implementing this new rule of SEBI, the fraud in the stock market can be reduced to a great extent.

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This account can be opened through any Depository Participant (DP). In such a situation, the first question that arises is what is a Demat account. This account is like a bank account where you can save your shares after buying them. Whereas people keep money in the bank account. Demat account is mandatory for investing money in any IPO. Let us know how this account can be opened.

Know about the process of opening a demat account

In order to open a demat account, investors must first choose a valid Depository Participant (DP). This depository participant can be any bank. Apart from this, DP can also be a broker or financial institution. Different DP’s brokerage charges, annual charges are different. First of all, choose your DP to open a Demat account. After this fill a form for account opening and submit it.

This important document is needed to open a demat account.

To open a demat account, you will need Aadhaar card, PAN card, two passport size photographs as ID proof. Along with this, you will also have to give a canceled check in the bank. Then the bank will ask you to sign an agreement. Please read this agreement thoroughly before signing it. After this the bank will open your demat account. Then you will get a Client ID through which you can login to your Demat account. Along with this, you will also get an instruction slip which you can use at the time of purchase and sale of shares.

How to open demat account online

• If you want to open a Demat account sitting at home, then first of all visit the official website of that DP.
• After this click on Demat Account option.
• After this, you complete the further process of opening the account.
• Then upload the asked documents.
• After this, the account will call or message you to verify.
• After this all the details will be verified. After this your demat account will be activated.
• Lastly, you will get the Beneficiary ID or Demat Account Number.
• Now through this account you can invest money in the share market.

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According to the BSE and NSE calendar, there is going to be a three-day holiday in the stock market this month, in which the market will remain closed today i.e. on 4th April due to Mahavir Jayanti, 7th on Good Friday and 14th on account of Babasaheb Ambedkar’s birth anniversary. In the meantime, further trading will commence from the next day.

There will be no trading today

Tuesday i.e. today, along with the stock market, the morning session of the Multi Commodity Exchange will remain closed. While the evening session will be open from 5 pm to 11.30 pm. All withdrawal fund requests will now be processed from 5th April. Trading on Share Credit Bill Amount, F&O and MCX will not happen on 4th April 2023.

Where will the banks remain closed on April 4

Banks are going to remain closed in Ahmedabad, Aizawl, Belapur, Bengaluru, Chandigarh, Chennai, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur and Ranchi due to Mahavir Jayanti. At the same time, due to Babu Jagjivan Ram Jayanti in Hyderabad, banks will remain closed on April 5 as well.

Banks will remain closed for how many days in April? 

• Banks will remain closed on 7th April on Good Friday.
• Banks will remain closed on April 14 on account of Babasaheb Ambedkar Jayanti.
• Banks will also remain closed on 15th April due to Vishnu Day, Himachal Day.
• Shab e Qadr holiday on 18th April
• Eid ul Fitr on 21st April
• There will be a holiday on 22nd April due to Ramadan Eid.
• Please tell that the holiday of these banks will be at different places.

Mahavir Jayanti today 

The festival of Mahavir Jayanti is celebrated with great devotion by the Jain community to highlight the importance of Jainism in the world especially in India. The prime teaching of Ahimsa Parmo Dharma or Ahimsa holds great importance in the world today.

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Due to the high risk involved in investing directly in the stock market, people show more confidence in investing through Mutual Funds . In such a situation, if you are planning to withdraw money from mutual funds before time or maturity, then this news is for you.

Money can be withdrawn from mutual funds before time (Withdrawal money from mutual fund before lock-in period ended) , but this does not apply to all types of mutual funds. There are also some mutual funds where you may have to pay a fine or penalty for withdrawing money from time or lock-in period.

From which mutual funds can I withdraw money?

Most mutual fund schemes are open ended. Investment can be withdrawn at any time from open ended mutual fund schemes. Withdrawals can be made in parts instead of the entire investment. On this, according to your scheme, you just have to pay the exit load, which is generally very less.

On the other hand, there are Equity Linked Savings Scheme (ELSS) mutual fund schemes. You also get tax exemption on these schemes under Section-80C of Income Tax. That’s why there is a ‘lock in period’ of three years on these schemes. In such a situation, whenever money is withdrawn from these schemes before time, then penalty has to be paid. It can be between 5 to 10 percent.

How to withdraw money from mutual fund?

There are many ways to withdraw money from mutual funds. Whenever you plan to withdraw money from an open ended mutual fund scheme, usually the minimum units that can be redeemed are reflected in your scheme document.

Investments in mutual funds can be redeemed at the Investor Service Centers of the scheme offering companies, at the offices of asset management companies, through demat accounts or through online platforms.

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If you keep investing in such a scheme according to the rules and duration, then you get double the money. But you should keep in mind that this is not a miracle but a rule of the scheme. Thumbnail 72 is very effective for this, which shows in how many days the money will double in the scheme. In this rule, the annual return is divided by 72. It shows that in how many days the money in the scheme will double.

1-Tax free bonds

Tax pre bonds were earlier issued only for a specific period. But the government has allowed some state government companies to issue bonds up to Rs 40,000 crore. Apart from this, huge demand is seen for PFC and NTPC bonds. The annual return on such tax free bonds is 8.20% to 8.50%. This type of bond can double money in 8-9 years.

2-Kisan Vikas Patra

Kisan Vikas Patra scheme is considered the best scheme to double the money. In this scheme, the investment used to double in the first 124 months. The government has recently changed it and reduced its duration by 1 month. Now the amount invested in this scheme doubles in 123 months i.e. 10 years 3 months.

3-Gold ETF

Investing in Gold has always been beneficial. Apart from physical gold, good earnings can be made by investing in gold ETFs and gold bonds. If you want, you can also invest in Sovereign Gold Bond. The government and the Reserve Bank run this scheme. You can invest at least one gram of gold in this. On this, 2.5 percent interest is received every year. Its lock in period is of 8 years. Money can double in Gold ETF in 8 years.

4-stock market

Stock market plays a big role in earning and doubling money. Direct stock investment carries a lot of risk, but its returns are also very high. On the other hand, if you invest money in a particular stock for a long time, the risk will be less and the returns will also be good. This return can go up to 20%. For example, Eicher Motors stock gives more than 28% returns in five years. Money doubles in such stocks in 3.5 to 4 years.

5-Real Estate

Your money can also be doubled by investing in real estate. Good rental income can be earned by investing in residential real property. This also helps in saving tax. Money invested in real estate can double in 6-7 years. But the special thing is that you have to invest a lump sum amount in real estate. In how many days the money will double, it will depend on the location and infrastructure.

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Everyone worries about old age expenses. If you also want that your old age is safe and you do not have any problem with money in old age, then you should start planning in advance. You should start saving money for retirement only on the day your job starts. Actually, the sooner you start saving, the more money you will get till retirement. There are many investment options available to you for accumulating retirement funds like EPF, NPS, stock market, mutual funds, real estate etc.

Government is running many schemes

To secure your retirement, the central government has made many schemes, where you can invest. If you are employed, then you must also think that when you retire, you will get a huge amount every month in the form of pension. But for this you have to invest from today itself, so that after 60 years your old age can be secure.

What is NPS Scheme 

National Pension System (NPS) is a government pension scheme consisting of both equity and debt instruments. NPS gets a guarantee from the government. You should invest in NPS scheme to get higher monthly pension after retirement. 

Income tax exemption

NPS pension scheme is a government scheme just like Public Provident Fund (PPF), Employees Provident Fund (EPF), Sukanya Samriddhi Yojana etc. In this, any investor can also increase his monthly pension amount by making the right use of maturity amount. Through NPS, you can save tax up to Rs 2 lakh annually. You can save tax up to a maximum of Rs 1.5 lakh under Section 80C of Income Tax. If you invest in NPS, you will get an additional tax exemption of up to Rs 50,000.

Will get monthly pension of Rs 2 lakh

If you deposit 5000 rupees every month for 40 years in NPC, you will get 1.91 crores. After this you will get 2 lakh monthly pension on investment of maturity amount. Under this, you will also get a monthly return of Rs 1.43 lakh and Rs 63,768 from the Systematic Withdrawal Plan (SWP). In this, a monthly pension of Rs 63,768 will continue to be received from the annuity till the investor is alive. 

Monthly pension of Rs 63,768 in 20 years

If you invest Rs 5000 every month from 20 years to retirement, then you will get a lump sum maturity amount of 1.91 crores to 1.27 crores. After this, you can get a monthly pension of Rs 63,768 every month at Rs 1.27 crore with 6% return.

There are two types of NPS

There are two types of NPS, NPS Tier 1, and NPS Tier 2. The minimum investment in Tier-1 is Rs 500 while in Tier-2 it is Rs 1000. However, there is no maximum limit for investment. There are three investment options available in NPS, in which the investor has to choose where his money will be invested. Equity, Corporate Debt and Government Bonds. With more exposure to equities, it also gives higher returns. Keep in mind that you should do any investment only after talking to your investment advisor. 

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You should start saving money for retirement only on the day your job starts. Actually, the sooner you start saving, the more money you will get till retirement. There are many investment options available to you for accumulating retirement funds like EPF, NPS, stock market, mutual funds, real estate etc.

The government is running many schemes

. To secure your retirement, the central government has made many schemes, where you can invest. If you are employed, then you must also think that when you retire, you will get a huge amount every month in the form of pension. But for this you have to invest from today itself, so that after 60 years your old age can be secure.

What is NPS Scheme

National Pension System (NPS) is a government pension scheme, which includes both equity and debt instruments. NPS gets a guarantee from the government. You should invest in NPS scheme to get higher monthly pension after retirement.

Income Tax Rebate

NPS Pension Scheme is a government scheme like Public Provident Fund (PPF), Employees Provident Fund (EPF), Sukanya Samriddhi Yojana etc. In this, any investor can also increase his monthly pension amount by making the right use of maturity amount. Through NPS, you can save tax up to Rs 2 lakh annually. You can save tax up to a maximum of Rs 1.5 lakh under Section 80C of Income Tax. If you invest in NPS, you will get an additional tax exemption of up to Rs 50,000.

You will get Rs 2 lakh monthly pension

, if you deposit Rs 5000 every month for 40 years in NPC, you will get Rs 1.91 crore. After this you will get 2 lakh monthly pension on investment of maturity amount. Under this, you will also get a monthly return of Rs 1.43 lakh and Rs 63,768 from the Systematic Withdrawal Plan (SWP). In this, a monthly pension of Rs 63,768 will continue to be received from the annuity till the investor is alive.

Monthly pension of Rs 63,768 in 20 years

If you invest Rs 5000 every month from 20 years to retirement, then you will get a lump sum maturity amount of 1.91 crores to 1.27 crores. After this, you can get a monthly pension of Rs 63,768 per month at Rs 1.27 crore with 6% return.

There are two types of NPS There are two types of NPS, NPS Tier 1, and NPS Tier-2. The minimum investment in Tier-1 is Rs 500 while in Tier-2 it is Rs 1000. However, there is no maximum limit for investment. There are three investment options available in NPS, in which the investor has to choose where his money will be invested. Equity, Corporate Debt and Government Bonds. With more exposure to equities, it also gives higher returns. Keep in mind that you should do any investment only after talking to your investment advisor.

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