Ekansh Mittal – Page 103 – Katalyst Wealth

Impact of Corporate tax rate cut on companies under coverage

September 21, 2019

Dear Readers, Hope you are doing well. I think you may already be aware that Govt. has slashed effective corporate tax rate to 25.17% for domestic companies from around 34.9% earlier. Previously, the Govt. had reduced effective tax rates on companies with turnover up to Rs 400 crore to 29.12%; however, even those will now be taxed at 25.17% Seemingly, it looks like a great move and will make the Indian companies more competitive with tax rates now comparable with…

Some often asked queries by members

September 17, 2019

Dear Sir, Hope you are doing well. In this mail, for the benefit of all the readers, we are sharing replies on some often-asked queries by members. Recommended stocks have corrected in the last 1 year – To put things in perspective: Since Aug’18 the Alpha model portfolio is down 12.84% and if we include the interest on surplus cash, the portfolio will be down only around 11%. For the same period mid cap index is down 17.5%, SENSEX is…

Letter on Model Portfolio performance, Markets, Position sizing and other details

September 15, 2019

Dear Sir, I hope you are doing well. It’s been more than a year since we started model portfolio service on 15th Aug’18 and I thought of sharing views on performance, markets and other details. In the last 13 months our Alpha Model Portfolio has delivered negative return of 12.60%. In the above performance we haven’t accounted for interest accrued on surplus cash; however, the same would have improved our performance by ~1.5-2%. For the same period Mid cap index is…

Never waste a good Slowdown and a Bear market

September 6, 2019

Dear Sir, What is being said in this video by the management of Metro Shoes is so important for both the entrepreneurs and the investors As rightly said, “Never waste a good slowdown” and to add to it “a bear market” Important lessons for the investors: It’s important to be optimistic…talking too much negative adds to the negativity Slowdowns (bear market) keep happening…they are cyclical By being alert, positive and focusing on improvements, you can emerge stronger…