Showing posts from August, 2017

Best Dividend Mutual Funds to Invest now!!!!

Hello Friends, When it comes to good returns equity markets are not the only securities that give good returns. Some Dividend Mutual Funds are providing good returns along with considerable capital appreciation. In today’s article we shall see 10 such Mutual Funds. So here are the picks: Sno Name of the Dividend Fund  NAV as on 27/08/2017 Total Dividend Last Year Dividend Yield on Current NAV Expected month of Dividend 1 Aditya Birla Sun Life Frontline Equity Fund 25.56 2.77 10.837% October 2 SBI Magnum Global Fund 50.854 5 9.832% October or November 3 HSBC Equity Fund 31.591 3 9.496% November 4 UTI Mastershare 34.232 3 8.764% November 5 ICICI Prudential Indo Asia Equity Fund - Retail Plan 18.34 1.6 8.724% October 6 Templeton India Equity Income Fund  16.902 1.4 8.283% March and Se

Should you Invest in Apex Frozen Foods Ltd IPO???

Hello friends!!! The markets are back with another IPO. Recently many IPOs have given the market a very strong listing, thereby showing the strength of the Indian markets. Another such IPO that is about to enter is the IPO of Apex Frozen Foods Ltd. This IPO opens on 22 nd Aug 2017 and closes on 24 th Aug 2017. The Offer is at a price band on Rs 171 to Rs 175 per equity share. Face value of these shares shall be Rs 10. The lot size for application shall be 80 shares per lot thereby making your minimum investment at Rs 175 to Rs 14000/-. Total issue size will be for Rs 152.25 Crs So is it a good bet to invest in Apex? Let’s unravel the truth. About the Company!!! Apex Frozen Foods Ltd is a company engaged into aquaculture products. They are integrated producers and exporters of frozen shrimps or prawns as we generally know it. I guess we have not seen such an industry in the market yet apart from Venkys which is into Chicken products. So surely it is an interest