KARVY PRIVATE WEALTH
Karvy Private Wealth is the Wealth Management arm of Karvy group which caters to the needs of High Net worth Individuals. It is one of the largest Non- banking Wealth Management players in India. Karvy Private Wealth prides itself in delivering best in class investment advice coupled with dedicated customer care and personalized attention. Karvy Private Wealth is a world-class wealth management business achieved through high quality and honest advice backed by intensive in-house research carried out across asset classes and investment products.
Wealth Management Services offered by Karvy:
• Comprehensive Financial Planning
• Wealth Review and Investment Strategy services
• Equity Review and Investment strategy
• Mutual
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Term Insurance- It is the cheapest form of life insurance that provides full financial coverage for a defined period of time. In the even t of unforeseen situation, the policy holder’s family is taken care of and financial stability is ensured. Death benefit is payable to the nominee who is usually a family member.
2. Permanent Life Insurance- It is a whole life death benefit coverage. A permanent insurance policy accumulates a cash value up to its date of maturation. Such policies will be expensive to older people than to younger people. The four basic types of permanent insurance are whole life, universal life, limited pay and endowment.
Methodology to calculate individual wealth in life Insurance:
1. Data for total AUM under life insurance is available till December 2014. (Available on lifeinscouncil.org)
2. The total AUM has debt and equity proportion which is also available till December 2014.
3. We found out the returns of NSE quarterly and found that NSE gave 2.5% higher returns. Hence, the equity proportion of Life Insurance AUM is increased by 2.5 times
4. Similarly, we found that the debt instruments have given 2% higher returns quarterly.
Hence, the debt proportion of Life Insurance AUM is increased by 2 times
5. Adding the equity and debt component, we arrive at the total AUM for FY 15. Table 1: AUM of Life
This paper examines certain key financial ratios for three companies’ which operate in the market of gold. Presented are analyses and comparisons of the companies for the three most recent years, 2004, 2005, 2006. The focal point of the original analysis was Royal Gold. Two other strong companies in the gold market are Newmont Mining and Barrick Gold Corporation.
Troy, PhD., Leo. Almanac of Business and Industrial Financial Ratios. 30th edt. (1999) (page 159) Paramus, NJ: Prentice Hall.
ROE = net profit margin X total asset turnover X total assets to equity ratio = -39.74% for FY 2016.
Current Ratio – For the last three years was growing from 3.56 in 2001 to 3.81 in 2002 to 4.22 in 2003. The reason of grow is increased in Assets. Even though Liability was growing, Asset grow was more significant.
This is calculated by taking the total liabilities and dividing it by the stockholder’s equity, as a result it directly marks the risk that the company defaults on the repayment of its liabilities. Advance Auto Parts has a debt to equity ratio was declining at the start of the period, except for 2014 when took a long-term
As higher investors generally expect higher returns for a more leveraged firm (Arnold 2013 p 697) there would appear to be very little scope for the RM to increase its debt capital unless it can convince investors profits are likely to profit significantly. Unfortunately the annual report does not suggest such growth is likely short term, due to increased parcel competition and falling letter sales (RM 2015).
The advantages of retaining internal control on endowment allocation across asset classes and managers are the assets manage by internal managers. Because of it, the decision making between Kings College bursar and investment committee regarding the endowment performance is efficient. Moreover, Kings College has no relationship and no administrative burden to take care of. Finally, passive investment in equity index funds fit with the risk preferences of investment committee. The long-run objectives were to achieve total return of 3.35% with the least possible risk.
Insurance is a two-way legal agreement between the insurer and the customer. The customer, which may be an individual, business, or other entity, agrees to pay the premiums as required, in exchange for monetary protection from the insurer for any possible substantial loss. Customers usually obtain insurance, not to cover the trivial incidents of life or business, but to cover the potential significant losses which could be a financial hardship for them. The premiums of all customers of the insurance company are pooled together. The insurance applies statistical analysis to determine the chance that a particular event might occur to one of their customers. From this analysis they can determine the premiums which must be collected and the claims which must be paid to keep the insurance company financially profitable. There are many type of insurance including life, property and casualty, car, health, and disability. Each is very specific for what losses then will cover and reimburse (Pareto, n.d.).
According to Investopedia (Asset Allocation Definition, 2013), asset allocation is an investment strategy that aims to balance risk and reward by distributing a portfolio’s assets according to an individual’s goals, risk tolerance and investment horizon. There are three main asset classes: equities, fixed-income, cash and cash equivalents; but they all have different levels of risk and return. A prudent investor should be careful in allocating each asset class to his portfolio. Proper asset allocation is a highly debatable subject and is not designed equally for everybody, but is rather based on the desires and needs of the individual investor. This paper discusses the importance of asset allocation, the differences and the proper diversification within the portfolio.
The history of life insurance consisted of becoming a worldwide thing due to the development of modern insurance it was to assure insurance of the risks
Health insurance is insurance against the risk of incurring health care related expenses. It indemnifies the insured for the related financial loss. It is important to note that health insurance is a form of short term insurance. Disability, critical illness and long-term care insurance are all subclasses of health insurance.
The ratios returns on investment (ROI) and return on equity (ROE) are two of the most popular measure of profitability of a company and, along with the P/E ratio, have the most significant value of any of the ratios. The DuPont Model expands on the ROI calculation by inserting sales and it's relationship to the companies' generation of profits and utilization of assets into the calculation. Additional profitability ratios include the price earnings ratio (P/E), the dividend payout and the dividend yield. The price earnings ratio helps to indicate to investor how expensive the shares of common stock of a firm are. Dividend yield is part of the stockholders ROI and is represented by the annual cash dividend. Dividend yields have historically been between 3% to 6% for common stock and 5% to 8% for preferred stock. Dividend payout ratio shows the proportion of the earnings paid to common shareholders. Dividend payout for manufacturing companies range from 30% to 50%, but can vary widely.
For example, when you become the only one who takes care of the family, and you have an important thing to do in some places that are far from your family, life insurance’s service will help you to take care of your family. By having this kind of service from a life insurance, you don’t have to worry anymore about your family’s condition when your are not around them. This kind of thing will insure the needs of your family base on what kind of insurance that you have. As already explained before that there are lots of insurances and all of them are quite important for your life. It means that will be better for you to have more than one life insurance for your
The insurance is meant to cover the cost costs associated with long-term care for those who have had strokes, chronic diseases, or Alzheimer’s diseases, as well as those who can simply no longer manage to live on their own. It is imperative that I be able to reap the cost-benefits to of being protected against the financial consequences of the high cost due to increasing life expectancies and the resultant rise in the chance that you may eventually need some level of care. In short, creativity in decision making is vital to effective choices. Therefore, it is essential to consider all of the possible alternatives will help you make more efficient and favorable decisions. Moreover, when life events affect your financial needs, the financial planning process will provide a vehicle for adapting to those changes. Also, specific financial goals are vital to financial planning. Others can suggest financial goals for you; however, you must decide which goals to pursue. Your financial goals can range from spending all of your current income to developing an considerable savings and investment program for your future financial