Oil near $105 as Gadhafi takes back Libya oil port

Oil prices climbed back above $105 a barrel Thursday after control of a key oil port swung back to forces loyal to Libyan leader Moammar Gadhafi, dimming hopes of a quick rebel victory and a restart of crude exports.

By early afternoon in Europe, benchmark crude for May delivery was up $1.20 to $105.47 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 52 cents to settle at $104.27 on Wednesday.

In London, Brent crude was up $1.28 at $116.41 a barrel on the ICE futures exchange.

On Wednesday, Gadhafi forces pushed rebels out of Ras Lanouf, an important oil terminal that has switched between the two sides several times since the uprising began last month. The latest rebel setback has raised speculation that coalition powers, which have bombed government forces for two weeks, may send ground troops to protect the rebellion or overthrow Gadhafi.

"The market is reacting to news from Libya that rebels have lost some ground again," said analysts at Commerzbank in Frankfurt. "An end to the fighting in Libya soon is thus not in sight and the resumption of oil shipments has moved into the far distance."

Investors will be closely watching U.S. jobs numbers from March, scheduled to be announced Friday. U.S. stock markets have rallied this week as analysts forecast the economy added about 190,000 non-farm jobs this month.

"We expect Friday's employment data to offer additional encouragement toward U.S. economic growth," Ritterbusch and Associates said in a report. "These expectations are already feeding into a strong stock market that is providing background support to the energy market."

Oil prices were also boosted by a weaker dollar, which lost ground to the euro on expectations of a rate hike by the European central bank. A falling dollar makes oil cheaper for investors trading in other currencies.

The euro rose to $1.4212 from $1.4121, while the dollar fell to 82.81 Japanese yen from 82.89 yen.

In other Nymex trading for April contracts, heating oil rose 3.1 cents to $3.0706 a gallon and gasoline added 1.9 cents to $3.083 a gallon. Natural gas gained 0.3 cent to $4.358 per 1,000 cubic feet.

Source: www.yahoofinance.com

Thanks & Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

PTC India Financial to list shares on March 30

PTC India Financial Services, Indian non-banking financial institution promoted by PTC India, has fixed March 30 as its listing date for its equity shares on the exchanges.

Issue has been fixed at Rs 26-28 a share, which is the higher end of price band. Retail investors received shares at a discount of Re 1 to the issue price.

The company received Rs 438.76 crore through the issue, which consisted a fresh issue of 12.75 crore equity shares and an offer for sale of 2.92 crore shares by Macquarie India Holdings Limited.

The IPO was subscribed just 1.7 times, reserved portion of qualified institutional investors was subscribed 2.85 times followed by retail investors with 1.18 times. Non-institutional investors' portion remained undersubscribed.

The company will not receive any proceeds from the offer for sale, which is about Rs 81.76 crore. The company intends to utilise the proceeds from the fresh issue about Rs 357 crore for augmenting capital base to meet future capital requirements arising out of growth in business.

Source: www.moneycontrol.com

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Maulik Doshi

DENIP Consultants Pvt. Ltd.

Sectoral Performance During Week 21st March to 25th March, 2011

Major Sectoral Gainers:

REALTY	9%
BANKING	6.10%
IT	5.70%
CAPITAL GOODS	5.20%
PSU	3.20%
PHARMA	3.10%
OIL&GAS	3%
CONSUMER DURABLE	2.60%

There are no sectoral losers during the week.

Source: www.sharetipsinfo.com

Thanks & Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Trend in Global Market during the Week 21st March to 25th March, 2011

DOW JONES	3.10%
FTSE 100	3.20%
CAC 40	4.30%
DAX	4.20%
NIKKEI	3.60%
HONG KONG	3.80%
SHANGHAI	1.30%
SINGAPORE	4.60%
BOVESPA	1.30%
SENSEX	5.25%

Source: www.sharetipsinfo.com

Thanks & Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Net FII Purchases & Sales During the Week 21st March to 25th March, 2011

21/03/2011	-454.8
22/03/2011	-67.9
23/03/2011	313.3
24/03/2011	393.3
25/03/2011	345.5

Source: www.sharetipsinfo.com

Thanks & Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Important US Economic Data Releases for the Week 28th March to 1st April, 2011

Monday
Personal Income and Outlays
Pending Home Sales

Tuesday
ICSC-Goldman Store Sales
Consumer Confidence
State Street Investor Confidence Index

Wednesday
ADP Employment Report

Thursday
Monster Employment Index
Jobless Claims
Chicago PMI
Factory Orders
EIA Natural Gas Report

Friday
Motor Vehicle Sales
Employment Situation
ISM Manufacturing Index
Construction Spending

Source: www.sharetipsinfo.com

Thanks & Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Weekly Market Update 21/3/2011 to 25/3/2011

SBI Mutual Fund Declares Dividend

SBI Mutual Fund has approved the declaration of dividend under dividend option of Magnum Balanced Fund and Magnum Sector Funds Umbrella Emerging Business Fund. The quantum of declaration will be Rs 2.20 per unit for Magnum Balanced Fund and Rs 2.50 per unit for Magnum Sector Funds Umbrella Emerging Business Fund.

The record date is March 28, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Declaration of Dividend for Bharti AXA Short Term Income and Regular Return Fund

Bharti AXA Mutual Fund has approved the declaration of dividend under the quarterly dividend options of Bharti AXA Short Term Income Fund (Regular Plan) and Bharti AXA Regular Return Fund (Eco Plan). The quantum of declaration will be Rs 0.18 per unit for both the schemes.

The record date is March 28, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

20% Dividend under L&T Tax Advantage- Series I

L&T Mutual Fund has approved a the dividend of Rs 2 per unit, under the dividend option of L&T Tax Advantage Fund- Series I. The record date is March 28, 2011.

L&T Tax Advantage –Series I launched in March 2009 is a Tax Planning Fund. This is the 2nd dividend declared by the fund since its launch. Prior to this, it declared a dividend of Rs 5 per unit in March 2010.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Dividend Declaration under Fidelity FMP- Series III- Plan E

Fidelity Mutual Fund has approved the declaration of dividend under dividend option of Fidelity FMP- Series III- Plan E. The quantum of declaration will be 100 per cent of the distributable surplus as available under the plan(s) on the record date.

The record date is March 28, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

L&T Mutual Fund Declares Dividend under Fixed Maturity Plans

L&T Mutual Fund has approved the declaration of dividend under the dividend option of L&T FMP– Series 12– Plan 15M– March 10– I, L&T FMP– II (January 90D A) and L&T FMP– II (December 91D B). The quantum of declaration will be Rs 0.03 per unit for L&T FMP– Series 12– Plan 15M– March 10– I, Rs 0.10 per unit for L&T FMP– II (January 90D A) and 100 per cent of the distributable surplus as available under the plan(s) on the record date for L&T FMP– II (December 91D B).

The record date is March 29, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Dividend Declaration under SBI Debt Fund Series- 90 days- 37

SBI Mutual Fund has approved the declaration of dividend under dividend option of SBI Debt Fund Series- 90 days- 37. The quantum of declaration will be 100 per cent of the distributable surplus as available under the plan(s) on the record date.

The record date is March 28, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

5% Dividend under Kotak Balance

Kotak Mutual Fund has approved declaration of dividend under dividend option of Kotak Mahindra Balance Unit Scheme 99. The quantum of declaration will be Rs 0.50 per unit.

The record date is March 28, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

DSP BlackRock Mutual Fund Launches Two Fixed Maturity Plans

DSP BlackRock Mutual Fund has announced the launch of DSP BlackRock FMP– 3M– Series 33 and DSP BlackRock FMP– 12M– Series 18. The New Fund Offer (NFO) period for both the schemes will be open for subscription from March 25, 2011 to March 28, 2011.The schemes offer growth and dividend payout option. The minimum investment amount is Rs 5000 and in multiples of Rs 1 thereafter.

Units of both the schemes will be listed on NSE.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Declaration of Dividend under Tata Mutual Fund

Tata Mutual Fund has approved the declaration of dividend under quarterly and half yearly dividend option of following schemes:
Tata Fixed Income Portfolio Fund – Scheme B2 – Regular Investment Plan (DQ): The quantum of declaration will be Rs 0.0457 per unit.
Tata Fixed Income Portfolio Fund – Scheme B2 – Institutional Plan (DQ): The quantum of declaration will be Rs 0.0455 per unit.
Tata Fixed Income Portfolio Fund – Scheme C2 -Regular Investment Plan and Institutional Plan (DH): The quantum of declaration will be entire returns generated between 24 January 2011 to 29 March 2011 subject to availability of distributable surplus.

The record date is March 29, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

SBI Mutual Fund launches SBI Debt Fund Series– 90 Days–42

SBI Mutual Fund has announced the launch of SBI Debt Fund Series – 370 Days– 11. The New Fund Offer (NFO) period will be open for subscription on March 26, 2011 and will close on the same day itself. The minimum investment in the scheme would be Rs 5,000 in multiples of Rs 10. It would offer Growth and Dividend option.The scheme would be listed in NSE.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

SBI Mutual Fund launches SBI Debt Fund Series – 370 Days– 11

SBI Mutual Fund has announced the launch of SBI Debt Fund Series – 370 Days– 11. The New Fund Offer (NFO) period will be open for subscription on March 26, 2011 and will close on the same day itself. The minimum investment in the scheme would be Rs 5,000 in multiples of Rs 10. It would offer Growth and Dividend option.The scheme would be listed in NSE.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

L&T Mutual Fund Declares Dividends

L&T Mutual Fund has approved the declaration of dividend under the dividend option of the following schemes:

Scheme Dividend (Rs per unit) L&T Triple Ace Fund- Regular 0.1 L&T Gilt Fund - Investment Plan - Regular 0.1 L&T Select Income Fund - Flexi Debt Fund - Retail 0.15 L&T MIP - Regular 0.18

The record date is March 28, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Declaration of Dividend for UTI Mutual Fund

UTI Mutual Fund has approved the declaration of dividend under the following schemes:

Scheme UTI Q Interval Fund Sr III Retail/Institutional-D UTI Q Interval Fund Sr IV Retail/Institutional-D UTI Q Interval Fund Sr V Retail/Institutional-D UTI Q Interval Fund Sr VI Retail/Institutional-D UTI Q Interval Fund Sr VII Retail/Institutional-D UTI Half Yearly Interval Fund Sr 1 Retail/Institutional-D UTI Half Yearly Interval Fund Sr II Retail/Institutional-D UTI Annual Interval Fund Sr I Retail/Institutional-D UTI Annual Interval Fund Sr II Retail/Institutional-D UTI Annual Interval Fund Sr III Retail/Institutional-D UTI Annual Interval Fund Sr IV Retail/Institutional-D UTI Fixed Term Income Sr VII-I (428D) Retail-D UTI Fixed Term Income Sr VII-II (407D) Retail-D UTI Fixed Term Income Sr VII-III (367D) Retail-D UTI Fixed Term Income Sr VIII-I (367D) Retail-D UTI Fixed Term Income Sr VIII-II (367D) Retail-D UTI Fixed Term Income Sr VIII-III (367D) Retail-D UTI Fixed Term Income Sr VIII-IV (369D) Retail-D UTI Fixed Term Income Sr VIII-V (366D) Retail-D UTI Fixed Term Income Sr VIII-VI (366D) Retail-D UTI FMP Y Mar 10 Retail-D UTI FMP Y Aug 10 Retail-D UTI FMP Y Sep 10 Retail-D UTI FMP Y Oct 10 Retail-D UTI FMP Y Dec 10 Retail-D UTI FMP Y Jan 11 Retail-D UTI FMP Y Feb 11 Retail-D

The quantum of declaration will be 100 per cent of the distributable surplus as available under the plan(s) on the record date.

The record date is March 28, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

40% Dividend for ICICI Prudential Growth Plan

ICICI Prudential Mutual Fund has approved the declaration of dividend under dividend option of ICICI Prudential Growth Plan. The quantum of declaration will be Rs 4.00 per unit. The record date is March 28, 2011.

ICICI Prudential Growth launched in June 1998 has been classified as an Equity Large Cap Fund. It has been rated as a 4 star fund as on February 28, 2011. The fund has also been ranked 12 out of 32 funds based on its trailing 5-year performance as on March 22, 2011. This is the 19th dividend declaration by the fund since its launch. The last dividend of Rs 1 per unit was declared in August 2010.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Declaration of Dividend for ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has approved the declaration of dividend under the following schemes:

Scheme Dividend(Rs Per Unit) ICICI Pru Regular Saving-HY 0.1890 ICICI Pru Regular Saving-DQ 0.1890 ICICI Pru FMP Series 49-3Y Plan A Ret-D 0.1661 ICICI Pru FMP Series 49-3Y Plan A Inst-D 0.1601 ICICI Pru FMP Series 51-3Y Plan F Ret-D 0.1661 ICICI Pru Q Interval II Plan F Ret-D 0.1984 ICICI Pru Q Interval II Plan F Inst-D 0.2028 ICICI Pru FMP Series 45-3Y Retail-D 0.2011 ICICI Pru FMP Series 45-3Y Institutional-D 0.2016 ICICI Pru FMP Series 48-3Y Plan A Ret-D 0.2119 ICICI Pru FMP Series 48-3Y Plan A Inst-D 0.2119 ICICI Pru FMP Series 48-3Y Plan B Ret-D 0.1666 ICICI Pru FMP Series 53-6M Plan A Ret-D 0.1548 ICICI Pru FMP Series 55-1Y Plan A Ret-D 0.1021 ICICI Pru FMP Series 55-1Y Plan C Ret-D 0.0800 ICICI Pru Blended Plan A 0.1000

The record date is March 28, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Declaration of Dividend for Franklin Templeton Mutual Fund

Franklin Templeton Mutual Fund has approved the declaration of dividend under the following schemes:

Scheme Dividend(Rs Per Unit) Templeton India Income Opportunities-D 0.131 Templeton India Income-DQ 0.087 Templeton India Inc Builder A-DQ 0.131 Templeton India Inc Builder A-DH 0.307 Templeton India Inc Builder B-DQ 0.131 Templeton India Inc Builder B-DH 0.307 Templeton IGSF Composite-DQ 0.087 Templeton IGSF LT-DQ 0.087 Templeton IGSF Treasury-DQ 0.043 Templeton India ST Income Ret-DQ 8.784 Templeton Floating Rate Ret-DQ 0.131 Templeton India Low Duration-DQ 0.219 FT India MIP A-DQ 0.175 FT India MIP B-DQ 0.175 FT India Life Stage FoF 50s Plus FR-DQ 0.175 FT India Life Stage FoF 50s Plus-DQ 0.175

The record date is March 28, 2011.

Source: www.valueresearch.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Change in Exit Load under ICICI Prudential Ultra Short Term Plan

ICICI Prudential Mutual Fund has announced a revision in exit load under ICICI Prudential Ultra Short Term Plan, with effect from March 24, 2011.

Revised exit load will be 0.25 per cent if redeemed within 15 days from the date of allotment and nil if redeemed after 15 days from the date of allotment.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

20% Dividend for ICICI Prudential FMCG Fund

ICICI Prudential Mutual Fund has approved declaration of dividend under dividend option of ICICI Prudential FMCG Fund. The quantum of declaration will be 20 per cent.

The record date is March 29, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Declaration of Dividend for DSP BlackRock FMP– 3M– Series 26

DSP BlackRock Mutual Fund has approved the declaration of dividend under dividend option of DSP BlackRock FMP– 3M– Series 26. The quantum of declaration will be 100 per cent of the distributable surplus as available under the plan(s) on the record date.

The record date is March 28, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

UTI Mutual Fund launches UTI-Fixed Term Income Fund-Series IX-I

UTI Mutual Fund has announced the launch of UTI-Fixed Term Income Fund-Series IX-I (367 Days). The New Fund Offer (NFO) period will be open for subscription from March 24, 2011 to March 25, 2011.

The scheme will be listed on NSE.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Declaration of Dividend for IDFC Premier Equity Fund Plan A and B

IDFC Mutual Fund has approved the declaration of dividend under dividend option of IDFC Premier Equity Fund Plan A and IDFC Premier Equity Fund Plan B.

The quantum of declaration for IDFC Premier Equity Fund Plan A is Rs 2.40 per unit

The quantum of declaration for IDFC Premier Equity Fund Plan B is Rs 2.00 per unit.

The record date is March 29, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

DSP BlackRock Mutual Fund Declares Dividend

DSP BlackRock Mutual Fund has approved the declaration of dividend under dividend option of following schemes:

Scheme Dividend (Rs. per Unit) DSPBR Government Securities 0.112438 DSPBR Treasury Bill 0.145027 DSPBR Short Term 0.151879 DSPBR Bond Ret 0.080288 DSPBR Strategic Bond Reg 14.400747 DSPBR Strategic Bond Inst 14.966538 DSPBR Floating Rate Inst 15.958011 DSPBR Floating Rate Reg 0.161366

The record date is March 28, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

ING Mutual Fund Declares Dividend

ING Mutual Fund has approved the declaration of dividend under dividend option of following schemes:

Scheme Dividend per unit(Rs.) ING Treasury Advantage Reg-DQ 0.13616 ING Income-DQ 0.12737 ING Income-DH 0.23059 ING Income-DY 0.45678 ING Gilt PF Dynamic-DH 0.2565 ING Gilt PF Dynamic-DY 0.50948 ING MIP-DH 0.09663 ING MIP-DY 0.11859

The record date is March 29, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

ICICI Prudential Mutual Fund Declares Dividend

ICICI Prudential Mutual Fund has approved the declaration of dividend under dividend option of following schemes:

Scheme Dividend per unit (Rs.) ICICI Pru Q Interval II Plan F Ret-D 0.2008 ICICI Pru Q Interval II Plan F Inst-D 0.2053 ICICI Pru Blended Plan B Option I-D 0.0159 ICICI Pru Blended Plan B Option II-D 0.0166 ICICI Pru FMP Series 51-1Y Plan B Ret-D 0.051 ICICI Pru FMP Series 51-14M Plan D Ret-D 0.051 ICICI Pru FMP Series 51-13M Plan C Ret-D 0.051 ICICI Pru FMP Series 53-1Y Plan F Ret-D 0.132 ICICI Pru FMP Series 53-1Y Plan C Ret-D 0.1976

The record date is March 29, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Declaration of Dividend under UTI Mutual Fund

UTI Mutual Fund has approved the declaration of dividend under dividend option of following schemes:

Scheme Dividend (%) UTI Bond-D 1.25 UTI Treasury Advantage-DQ 2 UTI Dynamic Bond-D 0.15 UTI G-Sec Short-term (Income Retail) 2 UTI Gilt Advantage-LTP (PF)-D 3

The record date is March 29, 2011.

Source: www.valueresearchonline.com

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Rich Indians enthusiastic about philanthropy: Buffett, Gates

Two of the world's richest people Bill Gates and Warren Buffett on Thursday said the rich business fraternity whom they met in India are very enthusiastic about donating their wealth for philanthropic activities.

Gates and his wife Melinda, along with Buffett, held a dinner meeting here with 70 business people, including Wipro Chairman Azim Premji and discussed a wide range of issues related to philanthropy.

The Gates couple and Buffett are in India as part of their philanthropy initiative.

"There is enthusiasm among the people we spoke with for doing, giving in the best possible way. This forum allowed us to learn a lot about what''s going on in India and share our own reasons about giving," Buffett said about the meeting while addressing the media.

Bill Gates said that people participated with enthusiasm in the discussion. "There were 70 people. We will see how it (philanthropy) fits into Indian tradition in the days ahead", he said.

Gates added, "India has historically produced some of the most important philanthropists the world has known. I am certain it will continue to do so again."

He also noted that first generation wealth creators are more generous than people who inherit dynastic wealth.

Regarding the response from rich people in India and China towards philanthropy, Gates said, "overwhelming majority (of people they met) actually chose to come... there was positive spirit and energy.

"We have not passed around with tin coffers or a sign up list... everything that people do will be their choice".

According to him, neither in India nor in China, they have asked people to make any kind of commitment.

"There will be more philanthropy. We don''t ask people to sign up. Anything that we wish to do will be exactly their choice", Bill Gates noted.

On a query about concerns that dirty money flows into philanthropy, Gates said that he is not "police in India". If somebody is doing something wrong in India then they (police) should take notice of that. "It is not our responsibility," he added.

"... that child that receives a vaccine that saves a life, is not going to be questioning the source of the money or the vaccine," Buffett said.
The nearly 90-minute discussion with the Indian industry and those into philanthropy was moderated by Rohini Nilekani.

Meanwhile, Premji voiced concerns against idea of formulating laws on mandatory spending by industry on corporate social responsibility (CSR).

Source: www.moneycontrol.com

Thanks & Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Dividend Details of ICICI Mutual Fund

ICICI Prudential Growth Plan: Recommended rate of dividend @ Rs. 4.00 per unit with record date 28 March 2011

ICICI Prudential FMCG Fund: Recommended rate of dividend @ Rs 2.00 per unit with record date 29 March 2011

ICICI Prudential Discovery Fund: Recommended rate of dividend @ Rs. 1.50 per unit with record date 30 March 2011

Thanks & Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Dear all,

Greetings of the day!

CDSL has launched a facility to access demat account through a GPRS enabled mobile phone. After starting the web browser in the mobile phone, type the URL as www.myeasi.com to access the easi facility. You will be prompted to enter your login id and password, which is same as is used to access easi / easiest facility through the CDSL website.

Anyone desiring this facility of web / mobile needs to first register onwww.cdslindia.com for the easi facility which will also allow them to access it on their mobile phones.

To login to easy/easiest
Click here -Myeasi
· Register Online o Individual o Clearing Member o Corporate o Depository Participant
Certification Programme ECN Services For Non-Account Holders Open Demat Account

with their relevant details .

After successful login through the mobile , a menu with following options will be displayed.

• Portfolio valuation – Total portfolio valuation will be displayed

• Balance for a selected ISIN – Free balance for the selected ISIN will be displayed

• Balance View – Free balance for all the ISIN in the account will be displayed

To summarise :

Step 1 : Go to the web site www.cdslindia.com

Step 2 : Register for EASI facility on Web.

Step 3 : You will receive a password through Email on your mail ID.

Step 4 : With your user Id and password , you can access your account on the website www.cdslindia.com

Step 5 : With the same user Id and password , you can access the DP Account on the mobile as explained above on the URL : www.myeasi.com

For any help as regards this facility the queries can be referred to CDSL Help desk on (022) 2272-3333, 2272-8624, 2272-8625, 2272-8693. Our DP Team at Our Corporate office at Andheri is also available to assist you for facilitating the Registration. However , please note that we will not be able to register on your behalf . Customers can continue to access our Wealth Tracker on our web site www.krchoksey.com which gives the details of Transactions and Holdings.

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

SEBI Directions to Registered Market Intermediaries

Dear all ,

Greetings of the day !

Forwarding a recent circular of SEBI regarding dissemination of information. Though we shall make suitable changes in our Company to adhere to the same and which will be communicated in due course , it was felt necessary to apprise one and all about the same and to exercise due caution in areas covered under the circular . The circular is self explanatory .

Capital Market Regulator SEBI vide its circular no. Cir/ ISD/1/2011 dated 23.03.2011 has come out with directions for all Registered Market Intermediaries to strengthen their Internal Code of Conduct and to have proper check and record of blogs/chat forums/ e-mail etc. being circulated by them and their employees.

In view of the direction made in the circular, following changes may be included in the Internal Code of Conduct of the Intermediaries:

• Restriction on circulation of rumours and unverified information obtained from client, industry, any trade or any other sources without verification.

• Restricting or denying the employees access to Blogs/Chat forums/Messenger sites etc.

• Logs for any usage of such Blogs/Chat forums/Messenger sites (called by any nomenclature) to be treated as records and maintained for the minimum period as per governing provisions.

• Enhanced responsibility of the compliance officer. Employees not to forward official mail/personal mail/blog or in any other manner, without the approval of the Intermediary’s Compliance Officer.

• If an employee fails to adhere to the changes, he/she shall be liable for the actions under appropriate provisions of SEBI Act/Rules/Regulations etc.

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Increase in Stamp Duty on Stock transactions ( incl Commodity and Currency )

Dear all ,

Greetings of the day!

Last evening , the Maharashtra State Govt. in the State Budget modified the Stamp Duty Structure as under and imposed a uniform stamp duty across all type of transactions.

For Delivery Txn : From 0.01 % to 0.005 %

For Trading Txn or not resulting in Delivery : From 0.002 % to 0.005 %

Impact : Cost of transactions for Trading and FNO Turnover will increase due to hike in stamp duty

Cost of Delivery based Transactions will reduce

Effective Date: To be announced .

This single measure has made the Budget of the Govt . surplus which was earlier in deficit. Since the trading turnover on the bourses constitute 96 % of the total turnover , it is a windfall for the Government as the revenue from this front will rise by 150 % ( approx . Rs. 1600 crores ) which is approximately more than the bottom line of all participants of the Broking industry .

Regards,

Maulik Doshi

DENIP Consultants Pvt. Ltd.

Fixed Maturity Plan (FMP) VS Bank Fixed Deposits

Dear All,

With a lot of Fixed Maturity plans (FMP) offering as high as 9.85% these days, we at DENIP decided to compare them to Bank Fixed deposits which tend to offer around 10% or more depending on which category you’re investing in.

For ease of calculation and understanding we decided that its best to let the Bank FDs have a 0.5% point advantage over the FMPs since yields tend to vary depending on the time you’re investing in them. So with the Bank FDs interest rate set at 9.5% and FMP yield set at 9% we decided to see which instrument got us the best post tax yield.

Fixed Maturity Plan offered by Mutual Fund houses  VS Bank Fixed Deposits	Bank FD	FMP (Retail Plan Growth Option)
		Without Indexation	With Indexation
Investment Amount	1,00,000	1,00,000	1,00,000
Assumed net yield to investor(p.a)	9.50%	9.00%	9.00%
Tenor (days)	400	400	400
Amount at Maturity	1,10,410.96	1,09,863.01	1,09,863.01
Interest/long-term capital gain	10,410.96	9,863.01	9,863.01
Indexed cost acquisition (double indexation)	NA	NA	1,12,360.00
Indexed gain/loss	NA	9,863.01	-2,496.99
Tax Rate*	30.90%	10.30%	20.60%
Tax on interest on FD/capital gain on MF	3,216.99	1,015.89	NA
Post-tax income	7,193.97	8,847.12	9,863.01
Post-tax yield (simple annualized)	6.56%	8.07%	9.00%

As per the table above if you do fall in the 30% tax category, its best to opt for FMPs rather than Bank FDs. We also think that for companies which tend to invest in Bank or Corporate FDs should definitely consider investing in FMPs due to the tax benefit they offer.

All your views and opinions on the same are more than welcome.

Thanks,

Dewang