investment magazine for retail ......investment magazine for retail investors volume viii issue 17...

Investment magazine for Retail Investors VOLUME VIII ISSUE 17

Sep 01-15, 2020IntegratedINVESTMENT UPDATE

Integrated Investment Update, September 01-15,2020 Page 01

www.integratedindia.in

Exploring Investment Opportunities!

Low RiskLiquidity

Fixed Return Capital appreciation

Medium Term

Do you need Assistance for

filing IT Return?

Integrated does it for you

in select branches.

*

*

Changes in the new IT Return forms


1. Passport details to be mandatorily provided in ITR-1 (if you have one).

2. ITR-1 cannot be used for filing if the individual has

Ÿ joint ownership in a house property.

Ÿ incurred expenses of 2 lakhs or more on foreign travel during the year.

Ÿ deposited Rs.1 crore or more in one or more current account.

Ÿ paid electricity bill of more than Rs.1 lakh during the year.

For the above cases, the individual has to file ITR-4.

3. Details about cash and bank transactions like opening balances, receipts, payments and closing balances to be mandatorily provided for all cases where 44AD, 44ADA and 44AC is applicable.

FY 2018-19 : ITR Filing Due date 30.09.2020

FY 2019-20 : ITR Filing Due date 30.11.2020

FY 2019-20 : Sec 54 Deductions investment due date 30.09.2020

Aadhar - PAN Linking due date 31.03.2021

AY 2020 - 21Income Tax Deadlines

Investment magazine for Retail Investors www.integratedindia.inMutual Fund

A banking and PSU debt fund is one of the most popular

types of mutual funds, as it has nominal risk associated with

the total investment. Fund managers mainly target the

Maharatna and Navratna companies to build the portfolio,

as they have a history of yielding substantial gains.

The characteristics of a banking and PSU fund can be

described as follows –

Ÿ Debt instruments such as debentures, bonds,

certificates of deposit, etc. comprise 80% of the corpus.

Ÿ Companies issuing banking and PSU funds have a

minimum AAA- credit rating from the best agencies.

High Liquidity : These funds invest in top rated

instruments (hold PSU bonds such as that of NABARD,

SIDBI, etc.) and thereby Banking and PSU Fund schemes are

highly liquid.

Low Risks : Banking and PSU Funds carry a low risk of

market volatility as it invests in high credit quality funds, for

short/medium term investments. It is not completely risk

free but carries a lower risk than many other debt funds like

Dynamic Bond Funds or Credit Risk Funds.

Better Return: Banking & PSU funds are a good alternative

to Fixed Deposits, if one wants slightly higher return than

FDs in short tenure and can take a little risk.

Taxation: By opting for growth option and staying

invested for 3 years, investor would be taxed for Long term

Capital Gains with indexation benefit. Impact of taxation

would be minimal when compared to Fixed Deposits. As

you know, interest from fixed deposits are taxed as per

applicable slab rate.

Banking & PSU Debt Funds - Minimum risk & much better post tax return than FDs

Diversification Low Risk Investment horizon Stable returns Taxation

ABSL Banking & PSU Debt Fund Apr-08 13,519 10.00 8.29 8.99 *** Kotak Banking & PSU Debt Fund Dec-98 9,132 10.11 8.57 8.72 ****

Axis Banking & PSU Debt Fund Jun-12 16,059 9.56 8.98 8.63 ***** L&T Banking & PSU Debt Fund Sep-07 3,544 9.90 7.95 8.22 ***

DSP Banking & PSU Debt Fund Sep-13 3,522 10.17 8.14 8.55 *** Nippon Banking & PSU Debt Fund May-15 5,410 10.37 8.50 8.77 ****

HDFC Banking & PSU Debt Fund Mar-14 8,173 10.14 8.15 8.70 ** SBI Banking & PSU Debt Fund Oct-09 8,750 9.51 8.63 8.34 **

IDFC Banking & PSU Debt Fund Mar-13 17,691 10.63 9.16 8.52 ***** Mutual fund investments are subject to market risk. Please read the offer document carefully before investing.


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Lumpsum return as on 11.09.2020

5 Year 5 Year 1 Year 1 Year 3 Year 3 Year

Select Banking and PSU Debt Fund Schemes

Investment magazine for Retail Investors www.integratedindia.inNEW FUND OFFERS

Axis Global Equity Alpha Fund of Fund

Advantages of global investing How does investing in Axis Global Equity Alpha

Fund of Fund work?Exposure to growth / opportunitiesGlobal markets are home to companies with the scale, customer base, and that impact very few Indian companies can emulate.

Reduced riskDeveloped markets have lower risk, and lower correlations can help bring down the risk of the portfolio.

Better risk-adjusted returnsDifferent markets perform well at different times, and diversification through global investing can help portfolio risk-return characteristics.

Indian Investor

Axis Global EquityAlpha Fund of Fund

Schroders InternationalSelection Fund

Global Equity Alpha Fund

(An open ended fund of fund scheme investing in Schroder International Selection Fund Global Equity Alpha)

NFO: Closes on 18th Sep, 2020


Sundaram Bluechip Fund

(An open ended Equity scheme predominantly investing in large cap stocks)

NFO: Opens on 17th Sep - Closes on 30th Sep, 2020

Investing style - Diversified. There is likely to be

45 - 50 stocks.

Benchmark : NIFTY 100 TRI

SEBI Category : Large cap

Midcap contribution will be maximum at 20%

Portfolio construction will be based on bottom-up fundamental stock picking blended

with top-down sectoral and macro trends.


SBI Magnum Children's Benefit Fund - Investment Plan

(An open-ended fund for investment for children having a lock-in for at least 5 years ortill the child attains age of majority (whichever is earlier).

NFO: Closes on 22nd Sep, 2020.

TIMES ARE CHANGING

STEPS TO SECURE YOUR CHILD’S FUTURE

Invesco India Focused 20 Equity Fund

(An open ended Equity scheme investing in maximum20 stocks across market capitalization (i.e. Multi cap))

NFO: Closes on 23rd Sep, 2020

The fund will adopt a high conviction approach to investing combining both growth and value plays

The fund will invest in upto 20 stocks.Stock selection will be guided by our Investment philosophy and proprietary stock categorization framework.

Our process driven approach will assist us in filteringthe best investment ideas and contain the downside risk.

The fund will adopt a fully invested approach(95% invested).

It will have a Multicap portfolio with flexibility to moveacross market cap bands and will be blend of growthand value stocks.

Aims to generate alpha from a concentrated portfolio, albeit at a higher risk.


To become a professionallike Doctor , Engineer,

Lawyer, Architect

To start new businessCreate own identity

Expand family businessTo provide employment to others

THEN NOW

Set a target amount youwish to accumulate

Once the target amount is decided, you can start saving through SIP or Lumpsum mode.

You can also avail SIP Top-up as your income grows

You must continue investingand not redeem till your

goal is achieved

As a parent, you should plan to invest a portion of any inflow that you get into this fund.

Top-up your SIP instalmentsas your income level increase

Equity as an asset class is suitable for long-term goals


ICICI Prudential ESG Fund

(An open ended equity scheme investing in companiesidentified based on the Environmental, Social and Governance (ESG) theme)

NFO: Opens on 21st Sep - Closes on 5th Oct, 2020

About ICICI Prudential ESG Fund...


(An open ended equity scheme predominantly investing in Large cap stocks)

NFO: Opens on 28th Sep - Closes on 12th Oct, 2020Principal Large Cap Fund

Mutual fund investments are subject to market risk. Please read the offer document carefully before investing.

INVESTMENT PHILOSOPHY

ALLOCATION AVOID OBJECTIVE

SELECTION PROCESS INVESTMENT PROCESS

Identifying companies with aHigh ESG Score which reflects the

strength and stability of thecompanies.

80% to 100% in companies withstrong ESG Scores.

Can invest in foreign securities i.e.global companies with a

high ESG Score.

Sin companies such as tobacco,weapons, alcohol etc.

Companies with governance issuesleverage issues and other ESG

related issues.

To maintain a portfoliowith a suitable

ESG Score

Selection process will be based oninternal research and/or from the

Nifty 100 ESG universe

Ratings are based on an in-depth study & research.Any news or controversies will lead to revaluation.

Communication with company management to suggest ESG Score enhancement measures.

Asset Allocation Upto 15% in US Large Cap Companies

Option to stagger investments during NFO period: SMART Facility Ÿ 25% is invested in the Principal

Large Cap Fund and 75% into Principal Cash Management Fund. Investment is made during OCT/ NOV/ DEC/ JAN 21.

Ÿ If the market falls below 3% from the date of allotment, the SMART Facility gets activated and 25% of the invested amount is deployed in Principal Large Cap Fund

Ÿ Incase if the market does not fall, the switch takes place at month end from Principal Cash Management Fund to Principal Large Cap Fund.

Ÿ I f t h e S MA R T Fa c i l i t y deployment takes place during the month based on market fall, the month end switch gets deactivated for that month.

Ÿ MY GAIN Facility to book profits when desired rate of return achieved.

Ÿ You specify the target rate of return to facilitate auto trigger

Ÿ Investment appreciates to reach the target rate of return

Ÿ Units redeemed from Principal Large Cap Fund and amount switched to any Principal Fund of your choice.


Aditya Birla Sun Life Special Opportunities Fund

NFO: Opens on 5th Oct - Closes on 19th Oct, 2020An open ended thematic equity fund following special situations theme

ABSL Special Opportunities Fund will have a focused approach of 35-40 stocks selected through a Bottom-up Approach with Price-Targets. The fund will focus on Special Situations arising due to unique challenges that a business, sector or an economy would face; which will lead to temporary price dislocation, creating wonderful investment opportunities.

These Special Situation can arise from:

Opportunities + Margin of Safety + Fund Management Capability Potential for higher returns albeit with higher risk.

Company Specific Events: Ÿ M&A, Corporate Restructuring, Management Change.Ÿ Unfavourable business/Macro Cycle

Ÿ Product Line Changes/ Disruption

Industry Specific Changes:Ÿ Disruption due to New EntrantŸ Intense Competition

Ÿ Domino Effect

Regulatory Changes: Government Reforms, Changes in tariffs/taxes, Amendments in Regulations.

Macro-Economic Changes: Commodity Price Fluctuation, Inflation, Forex Reserves.

Global Events: Geo-Political Issues, Pandemic, Terrorist Attacks.


Computer Age Management Services Ltd. Chemcon Speciality Chemicals Ltd.Issue opens on 21.09.2020

Issues closes on 23.09.2020

Public Offer : 45,00,000 Equity Shares

Price Band : Rs.338 to Rs.340

Bid Lot : 44 equity shares & multiple of

44 equity shares thereafter.

Issue opens on 21.09.2020

Issues closes on 23.09.2020

Public Offer : 1,80,64,100 Equity Shares

Price Band : Rs.1,229 to Rs.1,230

Bid Lot : 12 equity shares & multiple of

12 equity shares thereafter.

Investment magazine for Retail Investors www.integratedindia.inINFORMATION


Ÿ Top-down investing is an approach that first looks at macroeconomic factors

when choosing investments, then identifies areas of the market

expected to perform well, and finally selects investments within those areas. This approach first considers global markets, then sectors and industries, and finally individual companies.

Ÿ Top down approach works when the basic approach of investing is focused on large cap. In any market, the large cap stocks tend to be more vulnerable to macro factors than the smaller companies.

Ÿ Thus, a top down approach is also known as an EIC (Economy, Industry, and Company) approach.

Top Down Approach

C AG R : Co m p o u n d Annual Growth Rate

(CAGR) is the rate of return that would be required for an

investment to grow from its beginning balance to its ending

balance, assuming the profits were reinvested at the end of each year of the investment's lifespan.

Formula and Calculation of CAGR:

CAGR= (EV/BV) ^(1/n) – 1EV=Ending value BV=Beginning value

n=Number of years

For example: Mr. Kumar bought a stock at Rs.100 in 2016. It appreciated by 25% to Rs.125 in the year 2017 and further appreciated to Rs.150 in the year

2018. Therefore, the appreciation in the rate from 2016 to 2018 is 50%. By using the values in the formula, Compound Annual Growth Rate for investment between 2016 and 2018 will be 22.47%.

CAGR would be as follows:

[150/100]^(1/2)-1 = 22.47 %

KEY TAKEAWAYS :

CAGR is one of the most accurate ways to calculate and determine returns for anything that can rise or fall in value over time.

Ÿ Investors can compare the CAGR of two alternatives in order to evaluate how well one stock performed against other stocks in a peer group or against a market index.

Ÿ CAGR does not reflect investment risk.

For further details, please contact our Team.

Bajaj Finance offers a Systematic Deposit Plan

Flexibility to the depositor to invest monthly with the best interest rate over the complete tenure

Salient features of the product

Ÿ A type of Fixed Deposit which investor can invest monthly.

Ÿ ROI is the same as that of regular FD.

Ÿ Minimum Investment of Rs. 5000 per month.

Ÿ Rated AAA(Stable) by CRISIL & ICRA.

Please contact our team, for further details.

Investment magazine for Retail Investors www.integratedindia.inFixed income securities

CORPORATE FIXED DEPOSITS INTEREST RATE FOR 3 YEARS

Disclaimer: Please note, Corporate Fixed Deposits are basically unsecured in nature. Investors are advised to refer financial details of the company carefully before taking investment decisions. Interest rates are subject to change and the rate applicable will be the rate prevalent on the date of deposit.

M/s. Integrated Enterprises (I) Pvt. Ltd. / its Directors / its Employees cannot be held responsible for individual investment decision based thereon.

Rates updated on 12.09.2020

7.10 % 6.30%

8.15%0.40% Additional for Senior Citizen

RATING: FAAA/Negative (CRISIL) / MAA+/with Stable outlook (ICRA)

RATING: MAA+/with Stable outlook (ICRA)

8.15%0.40% Additional for Senior Citizen

6.60% 6.05% 6.10%0.25% Additional for Senior Citizen

RATING: FAAA/Stable by CRISIL.LIC Housing Finance Ltd.

RBI Floating Rate Savings Bonds, 2020 (Taxable)

Ÿ Minimum investment amount Rs.1000 and in multiples of Rs.1000.

Ÿ Maturity Period : 7 years

Ÿ Nomination facility available.

Ÿ The bonds are not transferable / not tradable.

Ÿ Half-yearly interest is payable on 1st January / 1st July. No Cumulative option.

Ÿ The coupon rate on 1st January 2021 shall be paid at 7.15%.

ATTRACTIVE RETURN WITH 100% SAFETY

Integrated Investment Update, September 01-15,2020

All existing policies cover COVID-19. New policies would also cover COVID-19

after a waiting period of 30 days.

Life and Health Insurance provides

confidence to handle worst of scenarios.

Most of us are gripped by

financial stress due to COVID-19 pandemic.

Be confident!Stay Secure !

Please contact our team, for further details.

Investment magazine for Retail Investors www.integratedindia.inLife Insurance

A plan that helps to achieve personal milestones in life with assured benefits. Comes with three plan options to choose from depending upon life stage and priorities. Provides Life Cover to protect family’s future.

Key features :

Ÿ Guaranteed Income option: Guaranteed Income Benefit offering more than double the premiums paid for 12 pay option.

Ÿ Life long income option: Guaranteed Income till age 99 years plus return of premiums paid at the end of Payout Period.

Ÿ Long term income option: Guaranteed Income for a fixed term of 25 or 30 years plus return of premiums paid at the end of Payout Period.

Ÿ Enhanced benefit for policies with Annual Premium more than Rs. 1,50,000.

Ÿ Tax benefits as per prevailing tax laws.

Ÿ Optional Riders - Enhance protection coverage with rider options on payment of additional premium.

Insurance is the Subject matter of solicitation.

Age 50 Premium: Rs. 1 Lakh p.a

Sum Assured : Rs.10,50,000

Guaranteed Income option:

Maturity Amount Maturity Amount

Life long income option: Long term income option:

* * *

PPT : 10 yearsPolicy Term : 11 years

Maturity Benefit:Rs. 20,00,000

Pay out period : 10 years

Guaranteed Income of Rs.2 Lakhs p.a

th stfrom 12 year to 21 year


Maturity Benefit:Rs. 36,25,000

Pay out period : 25 years

Guaranteed income of Rs.1,05,000 p.a from

th th12 year to 36 year + Rs.10 Lakhs that the end of 36 year

Maturity Amount


Maturity Benefit:Rs.20,40,000

Till age 99

Guaranteed Income of thRs.35,000 p.a from 7 year +

thRs. 5 Lakhs at the 99 year

Age 40 Premium: Rs. 1 Lakh p.a.

Sum Assured : Rs.11,50,000

ILLUSTRATION

* * *




All benefits are assured at the beginning itself. It also provides with life insurance cover to take care of the family in case of unfortunate death of policyholder.


Guaranteed Additions: Every year, either 9% or 10% of total premiums paid will be added to policy benefits depending on policy term.

Guaranteed Maturity Benefit (GMB): A guaranteed lump sum payable at the end of the policy term.

Flexibility: Choose premium payment term and policy term.

Protection: Get life cover for the entire policy term.

Tax benefits: Tax benefits as per the prevailing tax laws .

ICICI ASIP Offers attractive IRR for a limited time

till 30th September,2020.

ILLUSTRATION

Age 40 Premium: Rs. 1,00,000

Total Premium payable : Rs.7,00,000

1

10,0

00

60,0

00

2,10

,000

30,0

00

1,50

,000

1,00

,000

3,50

,000

4,20

,000

4,90

,000

5,60

,000

6,30

,000

7,00

,000

7,70

,000

8,40

,000

2,80

,000

2 3 4 5 6 7 8 9 10 11 12 13 14 15

Premium Payment Term - 7 yrs

Guaranteed Additions : 10% of total premium paid will be added every yearPolicy Term 15 years

Total Benefits:Rs.4,95,393 + Rs.8,40,000

Rs.13,35,393Guaranteed Maturity Benefit:

Rs. 4,95,393(Decided by the insurer)


Maturity AmountRs.11,98,750/-


Kotak Premier Endowment Plan is a long-term

savings and protection plan that provides financial security to cope with unfortunate contingencies

along with the ability to save for future financial

needs. This plan provides guaranteed additions in the first five policy years and bonuses start accruing from

6th year onwards, all this put together builds up a corpus for secure future.

Plan at a glance

Entry age / Max. Maturity Age : 18-60 yrs / 70 years

Premium Payment Term (PPT)

Regular Pay : Same as policy term

Limited Pay : 5,7,10 & 15 years

Policy Term : Regular Pay : 10 - 30 years

Limited Pay

5 Pay 7 Pay & 10 Pay 15 Pay

10 to 30 years 15 to 30 years 20 to 30 years

Minimum Premium

Regular Pay : Rs.8,000 P.a.

Limited Pay : Rs.15,000 p.a.

Guaranteed Additions: at 5% p.a. of Basic Sum

Assured for first 5 policy years.

Basic Sum Assure (BSA):

The Basic Sum Assured is selected by the Policyholder and the Premium is based on Basic Sum Assured,

Term, Premium Paying Term and the Age of the Life Insured.

Maturity Benefit

This plan provides for wealth creation during the

policy tenure.

Basic Sum Assured + Accrued Guaranteed Additions + Accrued Reversionary Bonuses (from 6th year

onwards), if any + Terminal Bonus, if any

Death Benefit

Higher of; (1) Basic Sum Assured or (2) 11 / 7 times of Annual Premium (depending on the age at entry)

or (3) 105% of the premiums paid + Accured Guaranteed Additions / Accrued Reversionary

Bonuses and Terminal Bonus, if any

Tax benefits as per applicable Tax Laws.

ILLUSTRATION

1 year 10 years5 years 20 years

Age : 40 Premium: Rs. 49,460/- p.a

Total Premium payableRs. 4,94,600Basic Sum Assured : Rs. 5 lacs

Premium Payment Term - 10 yrs

Policy Term - 20 years

Rs.25,000 x 5 years = Rs.1,25,000 Rs.5,00,000Accrued Guaranteed Additions

@ 5% on BSA for 5 yearsBasic Sum

AssuredAccrued

ReversionaryBonus

TerminalBonus Assumed Investment Return 8% p.a.

Premium excl. G.S.TInsurance is the subject matter of the solicitation.

+ + +Rs.3,48,750 Rs.2,25,000

This Plan provides a regular income and security for family despite the ups and downs of life. The guaranteed monthly income increases every year while the guaranteed periodic lump sums can be invested in business or fulfill family's goals. Moreover, the life insurance cover in this plan ensures that family continues to fulfill their goals in case of any unforeseen eventuality.

ILLUSTRATION

Age 45 years

Policy term 20 years

Premium Payment Term 10 years

Premium Amount Rs.50,000 p. a (will be chosen by investor)

Sum Assured Rs.1,86,600(decided by Insurer on the basis of premium)

Benefit Amount RemarksA. Total Guaranteed Money Back Benefit 1,86,600 25% of Rs.1,86,600 = Rs. 46650 paid in 4 instalments

B. Total Regular Monthly Payouts 4,75,830 Payout starts at 11th year. (1% x 12 x 1,86,600) and increases by 0.25% for following years.

C. Guaranteed Loyalty Addition 18,660 1% X 1,86,600 x 10D. Guaranteed Maturity Addition 37,320 1% X 1,86,600 x 20

Total Maturity Benefit (C+D) 55,980

Total Benefit (A+B+C+D) 7,18,410


Loyalty Addition, payable at the end of the premium payment term Maturity Addition, payable at the end of the policy term

Select amongst the policy terms of 10/20/30/40/50 years and pay for half of the policy term.

Choose to pay premiums yearly, half-yearly, quarterly or monthly.

Money Back Benefits at the end of every five policy years till maturity. Increasing regular monthly income payouts from the end of the premium payment term.

Enjoy tax benefits on the premiums paid and benefits received, as per applicable income tax laws.



Investment magazine for Retail Investors www.integratedindia.inLife InsuranceInvestment magazine for Retail Investors www.integratedindia.inLife Insurance

Meet tomorrow's requirements while protecting loved ones with guaranteed returns. Increasing Life Cover for the entire policy term.

ILLUSTRATION

Key Features:

Ÿ Flexibility to choose Plan Option: Endowment, Regular Income or Whole Life Income

Ÿ Receive guaranteed benefits on Maturity or Death

Ÿ Guaranteed Additions that boost corpus year on year under Endowment Option

Ÿ Flexibility to cover spouse in same policy under Whole Life Income Option

Ÿ Choice of Policy Term with limited Premium Payment Term

Ÿ Enhance your protection with optional Riders

Plan Option : Endowment

1 1

Age : 40 Mode : Single Life

PPT : 10 yrs Policy Term : 20 yrs

Annualised Premium : Rs. 1 Lakh

Total Premium paid : Rs. 10,00,000

Basic Sum Assured : Rs. 13,50,000 (Decided by Insurer)

+


1 1

Year 1 10 20

Age 140

Rs.13,50,000 Rs.24,75,750

Rs.11,85,000

Rs.11,85,000

Increasing Life cover for entirepolicy term with Accrued GA

Guaranteed Additions (GA)Rs.59,250 p.a. for 20 years

AccruedGuaranteed Additions

GuaranteedMaturity Benefit

49 59

Annual Premium ofRs. 1 Lakh for 10 years

Total Premium Paid Rs.10,00,000 Total Maturity Benefit Rs.23,70,000


Investment magazine for Retail Investors www.integratedindia.inSnippets

SEBI issued a circular recently to modify the

characteristics of Multi Cap Fund. In order to

diversify the underlying investments of Multi Cap Funds across the large, mid and small cap

companies and be true to label, SEBI decided to partially modify the scheme characteristics of

Multi Cap Fund as under:

Minimum investment in equity & equity

related instruments -75% of total assets in the following manner:

Minimum investment in Large cap companies-25% of total assets

Minimum investment in Mid cap companies

-25% of total assets

Minimum investment in Small cap companies -25% of total assets.

SEBI issued a clarification, to ensure the

compliance of this circular that mutual funds are free to choose the route for complying with the revised norms on multi-cap funds. Apart from

rebalancing their portfolio in the Multi Cap

schemes, mutual funds (MF) could inter-alia facilitate switch to other schemes by unit holders,

merge their Multi Cap scheme with Large Cap scheme or convert their Multi Cap scheme to

another scheme category, for instance, Large cum Mid Cap scheme.

Sebi is conscious of market stability and therefore

has given time to the Mutual Funds till January 31, 2021 to achieve compliance.

MCA extends deadline for companies to hold fiscal 2019-20 AGM till December 31:

Ÿ The Ministry of Corporate Affairs (MCA) has directed Registrar of Companies (RoC) to accord approval of three months extension to companies who have not able to hold their annual general meetings for the financial year ended March 31, 2020.

Ÿ MCA stated that RoC have directed to accord approval for extension of time for a period of three months beyond the due date by which companies are required to conduct their AGMs for the financial year 2019-2020 ending on March 31, 2020.

Ÿ Earlier MCA has issued a clarification to its order that no general extension for the due date of holding AGM for financial year 2019-20 to be given. But such companies can file an application with their RoC on or before September 29 in a specified form (GNL-1) for seeking extension of time in holding of AGM for the financial year ended March 31.

Ÿ MCA has now granted extension of 3 months for holding annual general meeting and hence Companies with AGM due date as 30.09.2020 can conduct their AGM by 31.12.2020. But If Company's AGM due date falls on 1st September then it can hold AGM by 1st December. There is no need of separate application in form GNL-1 for extension.

Finance ministry advises banks not to levy charges on electronic transactions:

Ÿ The Union Ministry of Finance has advised all the banks not to collect any charges on transactions or payments made through


SEBI changes investment norms for Multi Cap funds

Investment magazine for Retail Investors www.integratedindia.inSnippets

Ÿ Central Depository Services (India) Ltd (CDSL), National Securities Depository Ltd (NSDL), BSE, CDSL Ventures, NSDL Database Management, NSE Data and Analytics, CAMS Investor Services and Computer Age Management Services are the eight entities that are allowed to use e-KYC Aadhaar authentication.

Ÿ SEBI stated that National Stock Exchange of India Limited shall undertake Aadhaar authentication service of the UIDAI subject to compliance of the conditions as laid down earlier for those eight entities.

Ÿ To provide the service, entities need to get registered with UIDAI as KYC user agency (KUA) and allow SEBI registered intermediaries or mutual fund distributors to undertake Aadhaar authentication in respect of their clients for the purpose of KYC.

Ÿ Further, the SEBI registered intermediaries and mutual fund distributors who want to undertake Aadhaar authentication services through KUAs, are required to enter into an agreement with KUA( e-KYC users agencies) and get themselves registered with UIDAI as sub-KUAs.

Ÿ The agreement in this regard will be as prescribed by UIDAI (Unique Identification Authority of India).

Ÿ The KUAs and sub-KUAs need to follow the process as may be prescribed by UIDAI from time to time. They will also have to follow the process recommended by SEBI on e-KYC authentication facility.

electronic mode, the Central Board of Direct Taxes (CBDT) mentioned in their statement.

Ÿ According to the CBDT, some representations were made that some banks are imposing and collecting charges on transactions carried out through UPI. A certain number of transactions were allowed free by these banks beyond which every transaction bears a charge, the CBDT noted.

Ÿ This is in violation of the Circular no 32/2019 dated December 30, 20219, which was issued by CBDT to clarify that based on section 10A of (Payment and Settlement System (PSS) Act, any charge including MDR (Merchant Discount Rate) shall not be applicable on or after January 1, 2020 on payments made through electronic modes.

Ÿ Hence, it is being stated that the Ministry has advised the banks to immediately refund the charges collected, if any, on or after January 1, 2020, on transactions carried out using electronic mode prescribed under section 269SU of the IT Act and not to impose charges on any future transactions carried through electronic mode.

SEBI allows NSE to undertake e-KYC Aadhaar authentication:

Ÿ Markets regulator SEBI has stated that the National Stock Exchange (NSE) to the list of entities can undertake e-KYC Aadhaar authentication. Earlier the regulator, had come out with a list of eight entities permitted to use e-KYC (Electronic-Know Your Customer) Aadhaar authentication.


Investment magazine for Retail Investors www.integratedindia.inContact

We have opened branches in many locations after lockdown. For the safety of our customers and employees, we request you to transact Digitally. In case of any difficulty, you can always visit our branches. We are giving below our branch / teams contact for your reference.

TAMILNADU REGIONCBE - R.S.Puram : Janaki Apts., Ground Floor, 29/176, Ramalingam Road (West), R.S. Puram, Coimbatore - 641 002. Ph: 2471 944 / 505CBE - Saibaba Colony : Shop No.19 / 20 Ground Floor, Aarpee Centre, 320 N NSR Road, Saibaba Colony, Coimbatore - 641011 Ph: 2434 391 / 358CBE - Vadavalli : 3/28-7, VRR Complex, Maruthamalai Road, Vadavalli, Coimbatore - 641 041. Ph: 4212 456 / 4223 737CBE - Ramanathapuram : No.1956, Matha Complex, (Opp. City Union Bank), Trichy Road, Ramanathapuram, Coimbatore - 641 045.Ph: 4210 203 / 2327 379CBE - Ganapathy : No. 41/5, 1st Floor, L.G.B. Nagar, Sathy Road West, Saravanampatti (Post), Coimbatore - 641 035 Ph: 4641 313 / 2666 566Dindigul: Sri Mahalaxmi Complex, 1st Floor, 72/42, New Agraharam, Opp, BSNL Customer Care, Palani Road, Dindigul - 624001 Ph: 2433 402 / 403Karaikudi : Mahendra Complex, 7/1, Poisollameyyar Street, New Town, Karaikudi - 630 001. Ph: 238 452 / 235 174Kumbakonam : 36/37, Pachayappa Street, Kumbakonam - 612 001. Ph: 2431 520 / 2422 670Madurai - Simmakal : 82, 1st Floor, Vakkil New Street, Madurai - 625 001. Ph: 2630 305/ 2620 560Madurai - K.K.Nagar : 2B/1, Valamjee Mansion, (Opp. to District Court), Madurai Melur Road, Vinayagar Nagar, Madurai - 625 020 Ph: 4358 234 / 4368 234Madurai - S S Colony : 30/1, Navalar Nagar, 1st Street, S.S. Colony, Madurai - 625010 Ph: 2302 304 / 4986 272Madurai - TVS Nagar : Old No. D-67 (New no 131) Rajam Road, TVS Nagar, Madurai - 625 003. Ph: 4246 644 / 2695 000Mayiladuthurai : 1A/2, Kallarai Thoppu Street, Mayiladuthurai - 609 001 Ph: 240 046 / 243 045Neyveli : Shop No.4, First Floor, Neyveli Plaza, Main Road, Indira Nagar, Neyveli - 607801. Ph: 266 736 / 836Puduchery : No.40-A,Aurobindo Street, (Between M.G.Road & Mission Street), Pondicherry - 605 001. Ph: 2222 155 / 4207 233Pudukottai : TS No. 3604/15, 1st Floor, Lakshmipuram 1st Street, Team Hospital Backside, Opp to New busstand, Pudukottai - 622001. Ph: 225 005/224 015Salem : Shop No.8/9/10, M.R.Complex, 1st Floor, No.114, Kanakupillai Street, Alagapuram, Salem - 636016. Ph: 2446 727 / 2336 746Thanjavur : 1999, Kamal Towers, West Main Street, Thanjavur - 613009 Ph: 230 928 / 929Tirunelveli : Arunagiri Complex Next To SBI 25b-1/31 and 25b-1/32 I Floor, S.N.High Road, Tirunelveli Junction - 627 001 Ph: 2323 331 / 332Tiruppur : Ground Floor, Door No.66-C.G.G. Towers, Kumaran Road, Tiruppur - 641 601Ph: 4320 332Trichy - Thillai Nagar : 25-A Sastri road, Gitanjali Apts ,Thillai Nagar,Trichy - 620018 Ph: 4023 168/ 4024 068Trichy - Chatram Bus Stand : Chitra Complex - No.9, 1st Floor, Near Chatram Bus Stand, Trichy - 620 002. Ph: 2703 670 / 2716 387Trichy - Srirangam : 100B,Gandhi Road,Srirangam, Trichy - 620 006. Ph: 2436 211 / 2431 244Trichy - K K Nagar : Door No. 16 & 20, Ground Floor, City Centre, 4th Street, Sundar Nagar, Trichy - 620 021. Ph: 4030 300 / 4012 444

CHENNAI REGIONAdyar : Ground Floor, 15, Balaram Road, Adyar, Chennai - 600 020. Ph: 2442 0776 / 2491 4178Adambakkam : Door No 14, R.K. Plaza, 1st Floor, 1st Shop, Lake view road, Adambakkam, Chennai - 600 088. Ph: 2260 1351 / 0146Ambattur : Old No.18/2 , New No.58,Mounasamy Madam Street, Ambattur, Chennai - 600 053. Ph: 2657 0654 / 0679Anna Nagar : No: W-65 A1, TLV Manor, Ground Floor,(Opp. Tower Club), Annanagar, Chennai - 600 040. Ph: 2628 2616 / 2621 4371Ashok Nagar : New No. 33, 11th Avenue, (Near Grand Sweets), Ashok Nagar, Chennai - 600 083. Ph: 2489 5378 / 2471 8482Avadi : MIG Plot No 3461, Ground Floor, TNHB, Avadi, Chennai - 600054. Ph: 2655 0413 - 0416Chrompet : No.53 and 55, First Floor, Shop-C, Station Road, Radha Nagar, Chrompet,Chennai - 600 044. Ph: 2265 3171 / 3172George Town : Old No 111 New No 227, Thambu Chetty Street, First Floor (Nr Kalikambal Kovil), George Town , Chennai - 600 001. Ph: 2524 1041 / 2521 9488Mogappair : Poomani Plaza, Block No.6, Door No.3, First Floor, Mogappair West, Chennai - 600037 Ph: 2653 1033 / 1381Mylapore : Shop No. 36 ,TNEB Complex, Gr. Floor, LUZ Golden Enclave, Door No. 180, Luz Church Road, Mylapore, Chennai – 600004 Ph: 2498 3748 / 3502Nanganallur : No 15, 14th Street, 3rd Main Road, Nanganallur, Chennai - 600 061. Ph: 2267 3928 / 3728Perambur : New No.73, Old No. 33, Madhavaram High Road, Perambur, Chennai - 600 011. Ph: 2552 1353 / 1352Periyar Nagar : Old No. 40, New no. 16, First main road, Jawaharnagar, Chennai - 600 082 Ph: 2670 3125 / 3126 / 3140Porur : 2/52, 1st Floor, Vinayagar Koil Street, New colony, (Near St John School), Porur, Chennai - 600 116 Ph: 2476 5137 / 6755Saligramam : No.13/49, Arunachalam Road, Saligramam, Chennai - 600093 Ph: 2376 3751 / 3752Tambaram : 8/38, Duraiswamy Reddy Street, Tambaram West, Chennai - 600 045 Ph: 2226 0557 / 0386T.Nagar - Motilal Street : 42/1, Motilal Street, T.Nagar, Chennai - 600 017. Ph: 2434 7827 / 7830 / 1642T.Nagar - North Usman Road : 1st Floor, Kences Towers, 1, Ramakrishna Street, North Usman Road, T.Nagar, Chennai - 600 017. Ph: 2814 0484Velachery : No.1/5, Ground Floor, Maheswari Nagar, 100 Feet Bye Pass Road, Velachery, Chennai - 600 042. Mobile : 98409 08240Virugambakkam : No.1, Rajeswari Colony, First Floor, (Near Girias & Next To LIC), Virugambakkam, Chennai - 600 093. Ph: 2377 4408 / 4497West Mambalam : New No.40 - Old No.179/1, Lake View Road, West Mambalam, Chennai - 600 033. Ph: 2474 8319 / 8320


Regd. Office : 5A, 5th Floor, Kences Towers, No.1, Ramakrishna Street, North Usman Road, T.Nagar, Chennai- 600 017. Ph: 044 -2814 0645Admn. Office : 501-502, Coral Classic Commercial Complex, Road No. 20, Chembur East, Mumbai – 400 071. Ph: 022-69061800


KERALA REGIONCochin - MG Road : 'RAJ SOUDH', I Floor, 39/3477, M.G.Road, Ernakulam - 682 016. Ph: 2358 922 / 923Palakkad : 17/1923, 17/1924, A.R. Complex, Priyadharshini Road, Opp. Priyadharashini Theatre, Palakkad - 678 001 Ph: 90720 02444 / 90720 03444Thrissur : Door No 29/586/A18, Sree Lakshmi Building, Shornur Road, P.O. Thiruvambady, Thrissur - 680 022 Ph: 2320 192 / 191Trivandrum : D-NET Tower, TC 28/2875 (4), 1st Floor, Sahodarasamajam Lane, Vanchiyoor, Trivandrum - 695 035. Ph: 2461 593 / 2478 225Trivandrum - Sasthamangalam : TC. 9/679-4, Lekshmi Plaza,Vellayambalam, Sasthamangalam Po, Trivandrum - 695010 Ph: 4000 206 / 2318 022

KARANATAKA REGIONBGL - Malleswaram : No 12, Ramanuja Plaza, Ground Floor, 5th Cross, Malleswaram,Bengaluru - 560 003. Ph: 2344 6386 / 2346 1470BGL - Indira Nagar : No. 671, 17th D Cross, Indiranagar 2nd Stage, Bengaluru - 560 038. Ph: 2525 8490 / 2521 9347BGL - Jayanagar : No-20( old CITB No-56) , 1st Floor, 8th-F Main Road, Jayanagar 3rd Block, Bengaluru, 560011. Ph: 2244 1561 / 2653 4659BGL - Banashankari : 1296 1st Floor, 30th Main Road, Banashankari 2nd Stage Bengaluru - 560 070. Ph: 80889 33443 / 2671 1389BGL - Gandhi Nagar : 22/5, Jala Shambhavi Complex, (I Flr), 22/23, 1st Main Road, Kalidasa Marg, Gandhi Nagar, Bengaluru - 560 009 Ph: 2234 0034 /4153 0319BGL - Bannerghatta Road : No.73/2C, Thimmappa Reddy Layout, Hulimavu Gate, Bannerghatta Road, Bengaluru - 560 076. Ph: 4953 4732 / 6413Mangaluru : F-1, 1st Floor, Ram Bhavan Complex, Kodialbail - 575 003. Ph: 2440 163 / 2447 051Mysuru : 133, Shika Towers, Second Floor, Rama Vilas Road, Mysuru - 570 024. Ph: 2424 188 / 4266 682

ANDHRA & TELANGANA REGIONGuntur : 6-9-15,9/1 Aurndelpet,Guntur - 522002 Ph: 2326 624 / 2337 809

Hyderabad - Basheerbagh : D. No 5-10-188/2, R.No. 102 B, First Floor, Summit Apts, Opp. Bandline, Hillfort Road, Hyderabad - 500 004 Ph: 2324 2375 / 2472

HYD – Kukatpally : 15-31-2L-11/10, I Flr, Opp: Holy Mary Degree College, Pillar No.20, JNTU Hitech City Rd, Phase III, KPHB Colony, Hyd - 500 085Ph: 2305 8088 / 89

Kakinada : 2-1-69/1,Ist Floor, Opp. Andalamma College, Perraju Peta, Kakinada - 533 003. Ph: 2377 258 / 2341 205

Rajamundhry : D. No. 6-13-1, First Floor, Kankatalavari Street, Near Kotipalli Bus Stand, T.Nagar, Rajahmundhry - 533 101 Ph: 2422 120 / 2437 533

Secunderabad : D No.1-2-63,64 & 73/2, No-4 ,Ground Floor, S R Arcade, Parklane, Secunderabad - 500 003 Ph: 2784 5605 / 2781 6080

Vijayawada : D No. 29-13-29, Ist Floor, Kaleswara Rao Road, Near Dornakal X Roads,Suryaraopeta,Vijayawada - 520 002. Ph: 2472 414 / 2470 517

Vishakapatnam : D.No.47-9-17, Ground Floor, III Lane, Dwaraka Nagar, Visakhapatnam - 530 016 Ph: 2513 606 / 2747 020

MAHARASHTRA REGIONMumbai - Andheri : A-27 Laram Centre, 24, S.V. Road, Andheri West, Mumbai - 400 058. Ph: 2628 2685 / 2686Mumbai - Bandra : No. 8, Veena Beena Complex, Opp Bandra Railway Station, Bandra West, Mumbai – 400 050. Ph: 6698 1242 / 1243 Mumbai - Borivali : No. 4, Gora Gandhi Apts, 1st Floor, Above Hotel Samrat, Chandavarkar Lane, Borivali West - 400 092 Ph: 4208 7200 / 7201Mumbai - Chembur : 11 and 12, Gr Floor, Neelkanth Commercial Complex, Next to Hotel Orchids, Govandi Road, Chembur - 400 071. Ph: 2521 0768 / 7660Mumbai - Dombivli : No. 107, Triveni Building, 1st Floor, Opp: Bata Show Room, Jawaharlal Nehru Road, Dombivli East - 421 201 Ph: 2861 712 / 2433 471Mumbai - Fort : No. 59, Sonawala Building, Gr.Floor, Bombay Samachar Marg, Fort, Mumbai - 400 023 Ph: 2266 2728 / 2825Mumbai - Ghatkopar : No. A-111, Kailas Plaza, Vallabhbaug Lane, Ghatkopar East, Mumbai - 400 077 Ph: 2508 6488 / 6632Mumbai - Matunga : No 3, Plot No 402, Ground Floor, Hari Mangal Manor, Telang road, Opp: Shankar Matt, Matunga East, Mumbai - 400 019 Ph: 2401 3163 / 64Mumbai - Mulund : No.11, Alps Heights, Dr. R.P. Road, Mulund West, Mumbai - 400 080. Ph: 2569 0700 / 2592 7065Mumbai - Thane : No. A – 201, Krishna Plaza, Station Road, Naupada, Thane West – 400 601 Ph: 2530 1256 / 1257Mumbai - Vasantvihar : No. 22,Amrapali Arcade, Vasant Vihar, Pokhran Road 2, Thane West - 400 610 Ph: 2173 0813 / 0814Mumbai - Vashi : No. 13, Arenja Corner, Sector - 17, Vashi, Navi Mumbai - 400 703 Ph: 2766 0042 / 0043Mumbai - Vileparle : No.105, 1st floor, Super Market, Monghibai Raod, Next to Bank of Maharashtra, Vile Parle East, - 400 057 Ph: 2613 3855 / 2618 2137Pune Shukrawarpeth : 7 & 8 Arthshilp, Gr.Floor, 1349, 1350, Shukrawar Peth, Bajirao Road, Pune - 411 002 Ph: 2448 1891 / 2447 3944Pune Camp : No. 10, Gr. Floor, Kumar Pavilion, 2424, Timya Road, Next to Victor Cinema, East Street, Camp, Pune- 411 001 Ph: 4123 9797 / 4125 9797Pune Kothrud : No. E-7, 2nd Floor, Rahul Complex, Paud Road, Kothrud, Pune - 411 038 Ph: 4125 9595 / 9596Nagpur : No. GS-3, Amarjyoti Palace, Dhantoli, Wardha Road, Nagpur 440 012 Ph: 2420 105 / 605Nasik : B-Wing, Parshuram Apts, Opp. Times of India Office, College Road, Nasik - 422 005 Ph: 2575 524 / 534

NelloreDP Division / Investments & Insurance Division

Contact Person Contact No. Mr. Ashok Kumar P 9849912531 Mr. Ravindra Babu N 9989598243

NelloreStock Broking Division

Contact Person Contact No. Mr Wahidkhan P 9885221180 Mr E Raja 9154388118



GUJARAT REGIONAhmedabad - Navrangpura : 21, Nirman, Gr.Floor, Behind Navrangpura Bus Stop, Navrangpura,Ahmedabad - 380 009. Ph: 2644 3289 / 7825Ahmedabad - Mani Nagar : LG 8/9/10, H.J. House, Opp. IOC Petrol Pump, Rambaugh, Maninagar,Ahmedabad - 380 008. Ph: 2545 0718 / 2546 3670Ahmedabad - Chandkheda : F5, Samruddhi Complex, Opp. SBI, New C.G. Road, Chandkheda, Ahmedabad - 382 424 Ph: 2329 6934 / 935/ 936Baroda - Alkapuri : F- 40/41, National Plaza, 1st Floor, R.C.Dutt Road, Alkapuri, Baroda - 390 007. Ph: 2343 677 / 2323 783Baroda - Raopura : Samarth Building, Ground Floor ,Near Gujarati School, Shiyapura, Opp. Lane of Chittesthan Hanuman Mandir, Baroda - 390 001. Ph: 2421097-99Baroda - Makarpura : FF-101, Kishan Atria, Near Manjalpur Hospital, Tulsidham Cross Road, Makarpura Road, Manjalpur, Baroda - 390 011. Ph: 2648 001 / 002Rajkot : 130/131, Star Chambers, 1st Floor, Harihar Chowk, Dr. Rajendra Prasad Road,Rajkot - 360 001. Ph: 2220 730 / 2240 3732Surat : D/G-23A, International Trade Centre, Ground Floor, Behind Radhakrishna Hotel, Majura Gate, Ring Road, Surat - 395 002. Ph: 2474 535 / 2479 495

DELHI / UP & MP REGIONNew Delhi - Karol Bagh : RD Chambers, 3rd Floor, 16/ 11, W.E.A., Arya Samaj Road, (Above Kotak Bank), Karol Bagh,New Delhi-110 005. Ph: 4517 0331 / 332New Delhi - Nehru Place : No. 19-B, Ground Floor, Hemkunt Chambers, Nehru Place, New Delhi - 110 019. Ph: 4668 1444 / 1445New Delhi - Janakpuri : 108, 1st Floor, Jaina Tower –1, District Centre, Janakpuri, New Delhi – 110058 Ph: 4517 0345 / 346New Delhi - Preet Vihar : Off No. - 502, 5th Flr, Laxmi Deep Bldg, Plot No.9 District Centre, Laxmi Nagar, Nr. Nirman Vihar Metro, Delhi - 92.Ph: 4254 8835 / 4758 7168Lucknow : Office No.2, Ground Floor, Saran Chambers II, 5 Park Road, Lucknow - 226 001. Ph: 4343 004 - 06 / 4060 085Bhopal : MF-7, A Block, Mezzanine Floor, Mansarovar Complex, Habibganj Station Road, Bhopal - 462011. Ph: 4266 005 / 006

WEST BENGAL REGIONKolkata - South : Flat No.1-B, 4C Lansdowne Place, Opp. Road of Ramakrishna Mission Hospital, Kolkata - 700 029. Ph: 2474 6400 / 2705Kolkata - Salt Lake : BA-37, Sector -1, PNB Island, Kolkata- 700 064 Ph: 2358 0900 / 0890Kolkata - Dalhousie : No. 210, A-Wing,2nd Floor, 24, Hemanta Basu Sarani, Mangalam, Kolkata - 700001 Ph: 2231 0556 / 0557Kolkata - Garia : E/188, Ramgarh, Ground Floor, P.O.Naktala, Garia Ganguli Bagan, Kolkata - 700047 Ph: 2430 4051 / 4052East -Jamshedpur : Shop No.1, Meghdeep Apts, H No.5, Line No.2, Q Road, Bistupur, Jamshedpur, Jharkhand - 831001 Ph: 2321 319 / 330East -Patna : No.313, Jagat Trade Centre, Fraser Road, Patna 800 001. Ph: 2205 943 / 2216 166

PAN & eTDS Services - Mumbai CityMalad : Ms. Minal S Vichare Senior Relationship Manager / 87930 95311No.7 1st floor, Abhishek Commercial Complex, Above Dena Bank, Plotno.104, S V Road Malad West, Mumbai -400 064Ph: 2880 2878 / 2882 2904 [email protected]

DadarRakesh Vilas Tambe Senior Relationship Manager / 75586 06463No. 48, 1st floor, King Krest, Bhavani Shankar Road, Dadar West, Mumbai - 400 028 Ph: 2431 8496 / 8356 [email protected]

PAN Card & eTDS related queriesMr. Kishan Khakkar

[email protected]

Rajkot Branch

Investment related queries : Ms. Vaibhavi Parkeh

9974070070 [email protected]

Share Broking Mr. Keval Chauhan

9879607805/ [email protected]

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investment magazine for retail ......investment magazine for retail investors volume viii issue 17...

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