Bonds
Bond refers to a security issued by a
company, financial institution or
government, which offers regular or fixed
payment of interest in return for borrowed
money for a certain period of time.
Tax Saving Bonds:
INVESTMENT PLANNING
WE provide Indian Investments Planning Services Related to Investments Planning for Indian residents as well as to NRIs.
- Portfolio Management
- Investment in Life Insurance
- Investment in Post office schemes
- Infrastructure Bonds
- RBI Bonds
- Companies Deposits
- Mutual Funds
- Shares
- Investment of Capital Gain Bonds
- Investment in Properties / Real Estates
- Investment in Equity Capital of Companies.
We, N. BALASUBRAMANIAN
ASSOCIATES (Shortly
NBA) understand that every client comes to us with
her or his own unique concerns, needs and
financial situation. Often, our client's worries
are aggravated because there doesn't seem to be
enough hours in the day to stay on top of
everything. Yet, there is the recognition that
one's financial well- being is tied to
constantly fluid capital markets, ever-changing
tax and pension laws and an endless
proliferation of product choices. Sorting fact
from fiction in the overwhelming din of
information now available just adds to the
stress.
That is where our personal financial advisor
makes such a difference. We help you design a
clear path to the milestones that are critical
in your life. And we do it by asking you some
very important and very different questions at
the outset. What is the vision of the life that
you most want to live? What are your dreams and
how can we express them as understandable
financial goals? What is important about money,
to you?
Through this in-depth dialogue, we also gather
critical information such as your investment
horizon, long term income requirements, risk
tolerance and capacity and liquidity needs. We
then take planning to the next level. We
undertake a thorough review of your tax status
as well as your estate, critical illness and
disability needs. Personal elements as well as
family dynamics become a vital part of the
mosaic.
What We Do
Managing your money and planning your financial
security are no easy tasks. Time constraints,
tax laws that are constantly changing and a
confusing assortment of investment options - all
present roadblocks for most people seeking to
manage their finances in a profitable way.
As an experienced private investment advisor, we
are able to offer high - performance financial
products that help you take right financial
decisions.
Our experts analyze your basic financial goals -
elements such as needs and desires, your
experiences, your status in life and your
current net worth and then advise an optimal
solution.
When you choose NBA, you take the
first step towards ensuring financial success.
Your Benefits
With NBA you are never just a
single individual looking to grow your wealth.
Because NBA is a little more than
just a wealth advisory service. It's a partner.
A Partner who takes the time to understand your
needs. It's a partner who takes ownership of
your financial goals and does everything it can
to ensure you reach them.
We strech out to our privileged clients in
more ways than one, so all your investment
related operational issues will no longer be a
bother.
1. 24 Hours X 7 Days a week, accessibility to a
Relationship Manager
2. Doorstep picking and dropping cheques.
3. Collection and deposit of high value payments
4. Hassle free paper work.
What We Offer
NBA offers advise on an entire range
of "third party" products - including asset
products, liability products and insurance
services.
Every piece of wealth - bank deposits securities
investments, fixed deposits, real estate -
carries its own set of risks. NBA
brings to you a holistic picture of your wealth
- the risks you face and the opportunities
hidden with them.
We de risk your portfolio by ensuring we
completely understand the risks you are willing
to take to reach your financial goals.
Wealth Management
As your assets grow so do the challenges of
picking the right wealth management solutions.
And today, more than ever before, investors like
you, are constantly in need of financial
partners who have the expertise to understand
these challenges and offer winning solutions.
NBA is your customized wealth
advisory service with a strong focus on Personalised solutions.
For those investors with Rs.10,00,000 or more to
invest, we provide exclusive and customized
investment solutions, in association with a
Private Clients Advisor. Private Client's
Service is an exclusive benefit offered by
NBA.
Investment Management
There is no single investment strategy that
suits everyone. In line with this belief, we at
NBA have channeled our successful
wealth management expertise to create a wide
array of solutions that cater to a range of risk
and return preferences.
Investment planning begins with determining an
appropriate asset mix more than picking good
funds. Your portfolio should be balanced to
provide security, income and growth.
Diversification and balanced investing give
protection against portfolio volatility as a
whole and keep you invested and on track.
Based on your goals, time frame for investing
and risk/reward tolerance, we choose the right
combination of investments and customize an
asset allocation strategy for your portfolio.
As your investment manager, we try to maximize
your after-tax returns through careful portfolio
construction, risk management, and disciplined
rebalancing. We aim to consistently deliver high
risk-adjusted returns, irrespective of your
specific investment goals.
Asset allocation is the cornerstone of
NBA investment management approach.
Mutual Funds
Consider the following benefits of investing
through a mutual fund
Mutual funds allow you to invest small sums. For
instance, if you want to buy a portfolio of blue
chips of modest size, you should at least have a
few lakhs of rupees. A mutual fund gives you the
same portfolio for meager investment of
Rs.1,000-5,000. A mutual fund can do that
because it collects money from many people and
it has a large corpus.
Professional management
The major advantage of investing in a mutual
fund is that you get a professional money
manager to manage your investments for a small
fee. You can leave the investment decisions to
him and only have to monitor the performance of
the fund at regular intervals.
Diversification
Considered the essential tool in risk
management, mutual funds make it possible for
even small investors to diversify their
portfolio. A mutual fund can effectively
diversify its portfolio because of the large
corpus. However, a small investor cannot have a
well-diversified portfolio because it calls for
large investment. For example, a modest
portfolio of 10 bluechip stocks calls for a few
a few thousands.
Convenience
Mutual funds offer tailor-made solutions like
systematic investment plans and systematic
withdrawal plans to investors, which is very
convenient to investors. Investors also do not
have to worry about investment decisions, they
do not have to deal with brokerage or
depository, etc. for buying or selling of
securities. Mutual funds also offer specialized
schemes like retirement plans, children's plans,
industry specific schemes, etc. to suit personal
preference of investors. These schemes also help
small investors with asset allocation of their
corpus. It also saves a lot of paper work.
Cost effectiveness
A small investor will find that the mutual fund
route is a cost-effective method (the AMC fee is
normally 2.5%) and it also saves a lot of
transaction cost as mutual funds get concession
from brokerages. Also, the investor gets the
service of a financial professional for a very
small fee. If he were to seek a financial
advisor's help directly, he will end up paying
significantly more for investment advice. Also,
he will need to have a sizeable corpus to offer
for investment management to be eligible for an
investment adviser's services.
Liquidity
You can liquidate your investments within 3 to 5
working days (mutual funds dispatch redemption
cheques speedily and also offer direct credit
facility into your bank account i.e. Electronic
Clearing Services).
Tax breaks
You do not have to pay any taxes on dividends
issued by mutual funds. You also have the
advantage of capital gains taxation. Tax-saving
schemes and pension schemes give you the added
advantage of benefits under section 88.
Transparency
Mutual funds offer daily NAVs of schemes, which
help you to monitor your investments on a
regular basis. They also send quarterly
newsletters, which give details of the
portfolio, performance of schemes against
various benchmarks, etc. They are also well
regulated and Sebi monitors their actions
closely
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Insurance
Insurance is increasingly becoming as an integral part of financial planning. Investors realise that Insurance is key to protecting financial health and that of families.
There are several insurance products in the marketplace to cater to different objectives, so NBA will work with you to choose those plans that are suitable for your circumstances.
To plan your insurances better, we present a brief insight into the two broad categories under which Insurance falls:
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The aim of taking out any insurance policy
is to compensate you following a loss so
that you are, in general, as well off - but
no better off - than you were before the
loss occurred. Thus, Insurance Planning and
Management gains significance as a risk
protection exercise for every investor, and
calls for specialized counsel based on
individual needs.
Our Insurance Management Advisor's primary role with you is to assess your insurance needs in the context of an overall wealth management plan. We will review your existing coverage, if any - as in some cases, what you have may be sufficient and in others additional coverage will be recommended.
Life Insurance
Most of the products offered by Indian life insurers are developed and structured around these "basic" policies and are usually an extension or a combination of these policies. So, what are these policies and how do they differ from each other?
Term Insurance Policy
A term insurance policy is a pure risk cover for a specified period of time. What this means is that the sum assured is payable only if the policyholder dies within the policy term. For instance, if a person buys Rs 2 lakh policy for 15-years, his family is entitled to the money if he dies within that 15-year period.
What if he survives the 15-year period? Well, then he is not entitled to any payment; the insurance company keeps the entire premium paid during the 15-year period.
So, there is no element of savings or investment in such a policy. It is a 100 per cent risk cover. It simply means that a person pays a certain premium to protect his family against his sudden death. He forfeits the amount if he outlives the period of the policy. This explains why the Term Insurance Policy comes at the lowest cost.
Whole Life Policy
As the name suggests, a Whole Life Policy is an insurance cover against death, irrespective of when it happens.
Under this plan, the policyholder pays regular premiums until his death, following which the money is handed over to his family.
This policy, however, fails to address the additional needs of the insured during his post-retirement years. It doesn't take into account a person's increasing needs either. While the insured buys the policy at a young age, his requirements increase over time. By the time he dies, the value of the sum assured is too low to meet his family's needs. As a result of these drawbacks, insurance firms now offer either a modified Whole Life Policy or combine in with another type of policy
Endowment Policy
Combining risk cover with financial savings, endowment policies is the most popular policies in the world of life insurance.
In an Endowment Policy, the sum assured is payable even if the insured survives the policy term. If the insured dies during the tenure of the policy, the insurance firm has to pay the sum assured just as any other pure risk cover.
A pure endowment policy is also a form of financial saving, whereby if the person covered remains alive beyond the tenure of the policy, he gets back the sum assured with some other investment benefits.
In addition to the basic policy, insurers offer various benefits such as double endowment and marriage/ education endowment plans. The cost of such a policy is slightly higher but worth its value.
Money Back Policy
These policies are structured to provide sums required as anticipated expenses (marriage, education, etc) over a stipulated period of time. With inflation becoming a big issue, companies have realized that sometimes the money value of the policy is eroded. That is why with-profit policies are also being introduced to offset some of the losses incurred on account of inflation.
A portion of the sum assured is payable at regular intervals. On survival the remainder of the sum assured is payable.
In case of death, the full sum assured is payable to the insured.
The premium is payable for a particular period of time.
Annuities And Pension
In an annuity, the insurer agrees to pay the insured a stipulated sum of money periodically. The purpose of an annuity is to protect against risk as well as provide money in the form of pension at regular intervals.
Over the years, insurers have added various features to basic insurance policies in order to address specific needs of a cross section of people.
General Insurance
Motor Insurance
Under the provisions of Motor Vehicles Act, all vehicles that ply in public places must have an insurance policy that at least covers "Third Party Liability" as specified under the Act.
Health Insurance
Well being is an overall feeling of being in good health and being in control of yourself, your situation and your finances. There's a lot you can do to ensure your well-being. But life, unfortunately, follows no fixed plan. Sudden illness or bodily injury can sometimes leave you financially hurt and highly stressed. NBA Health insurance ensures quality health care for you. Now is the time to insure yourself and your family against rising health-care costs.
Travel Insurance
The world is a book, and those who do not travel read only a page says a popular adage. It is sheer pleasure to explore new vistas, new places and new people. Should you not make your journey hassle free and entirely safe? Say yes to NBA Travel Health insurance and explore the world without a care.
Personal Accident Insurance
An accident can happen at any time. And it could leave you with permanent harm or temporary disability, both of which could affect your life and your family. Apart from cover for life and injury, NBA offers other unique and unmatched features like Weekly benefit
Our Insurance Management Advisor's primary role with you is to assess your insurance needs in the context of an overall wealth management plan. We will review your existing coverage, if any - as in some cases, what you have may be sufficient and in others additional coverage will be recommended.
Life Insurance
Most of the products offered by Indian life insurers are developed and structured around these "basic" policies and are usually an extension or a combination of these policies. So, what are these policies and how do they differ from each other?
Term Insurance Policy
A term insurance policy is a pure risk cover for a specified period of time. What this means is that the sum assured is payable only if the policyholder dies within the policy term. For instance, if a person buys Rs 2 lakh policy for 15-years, his family is entitled to the money if he dies within that 15-year period.
What if he survives the 15-year period? Well, then he is not entitled to any payment; the insurance company keeps the entire premium paid during the 15-year period.
So, there is no element of savings or investment in such a policy. It is a 100 per cent risk cover. It simply means that a person pays a certain premium to protect his family against his sudden death. He forfeits the amount if he outlives the period of the policy. This explains why the Term Insurance Policy comes at the lowest cost.
Whole Life Policy
As the name suggests, a Whole Life Policy is an insurance cover against death, irrespective of when it happens.
Under this plan, the policyholder pays regular premiums until his death, following which the money is handed over to his family.
This policy, however, fails to address the additional needs of the insured during his post-retirement years. It doesn't take into account a person's increasing needs either. While the insured buys the policy at a young age, his requirements increase over time. By the time he dies, the value of the sum assured is too low to meet his family's needs. As a result of these drawbacks, insurance firms now offer either a modified Whole Life Policy or combine in with another type of policy
Endowment Policy
Combining risk cover with financial savings, endowment policies is the most popular policies in the world of life insurance.
In an Endowment Policy, the sum assured is payable even if the insured survives the policy term. If the insured dies during the tenure of the policy, the insurance firm has to pay the sum assured just as any other pure risk cover.
A pure endowment policy is also a form of financial saving, whereby if the person covered remains alive beyond the tenure of the policy, he gets back the sum assured with some other investment benefits.
In addition to the basic policy, insurers offer various benefits such as double endowment and marriage/ education endowment plans. The cost of such a policy is slightly higher but worth its value.
Money Back Policy
These policies are structured to provide sums required as anticipated expenses (marriage, education, etc) over a stipulated period of time. With inflation becoming a big issue, companies have realized that sometimes the money value of the policy is eroded. That is why with-profit policies are also being introduced to offset some of the losses incurred on account of inflation.
A portion of the sum assured is payable at regular intervals. On survival the remainder of the sum assured is payable.
In case of death, the full sum assured is payable to the insured.
The premium is payable for a particular period of time.
Annuities And Pension
In an annuity, the insurer agrees to pay the insured a stipulated sum of money periodically. The purpose of an annuity is to protect against risk as well as provide money in the form of pension at regular intervals.
Over the years, insurers have added various features to basic insurance policies in order to address specific needs of a cross section of people.
General Insurance
Motor Insurance
Under the provisions of Motor Vehicles Act, all vehicles that ply in public places must have an insurance policy that at least covers "Third Party Liability" as specified under the Act.
Health Insurance
Well being is an overall feeling of being in good health and being in control of yourself, your situation and your finances. There's a lot you can do to ensure your well-being. But life, unfortunately, follows no fixed plan. Sudden illness or bodily injury can sometimes leave you financially hurt and highly stressed. NBA Health insurance ensures quality health care for you. Now is the time to insure yourself and your family against rising health-care costs.
Travel Insurance
The world is a book, and those who do not travel read only a page says a popular adage. It is sheer pleasure to explore new vistas, new places and new people. Should you not make your journey hassle free and entirely safe? Say yes to NBA Travel Health insurance and explore the world without a care.
Personal Accident Insurance
An accident can happen at any time. And it could leave you with permanent harm or temporary disability, both of which could affect your life and your family. Apart from cover for life and injury, NBA offers other unique and unmatched features like Weekly benefit
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Home Insurance
NBA Home Insurance is a low cost protection plan for you. In addition to flexibility and low premium rates, NBA also promises you convenience at every stage - while you apply, with documentation and while making claims. Only NBA offers unique covers like the pet dog insurance and cancellation of vacation….
Office insurance
Your office is not just a workplace. It is a place where your dreams for a bright future get fulfilled. It is the second home for many of your employees. There's plenty that goes into running a professional establishment. There is a lot you sacrifice and sweat over before you taste success. There are the employees to be taken care of, infrastructure to be maintained and future goals to reach. But through all of this, have you thought about the hazards that could affect your establishment? NBA Office Package Insurance has been designed anticipating these hazards to offer you a comprehensive policy so you can focus on your business goals and the growth of your establishment.
Shop Insurance
As a shop owner, you constantly worry about the hazards your shop and the contents within are exposed to. A sudden crisis at your place - a theft, an employee's infidelity, a fire accident, any disaster like these can severely hamper the running of the establishment. That is why you need a protective cover like the one NBA Shop Package Insurance offers. Taking care of your business is our business. And we do it well.
Fixed Deposits
Fixed deposits in companies that earn a fixed rate of return over a period of time are called Company/Corporate Fixed Deposits. Financial institutions and Non-Banking Finance Companies (NBFCs) also accept such deposits. Deposits thus mobilized are governed by the Companies Act under Section 58A. These deposits are unsecured, i.e., if the company defaults, the investor cannot sell the company to recover his capital, thus making them a risky investment option.
Benefits Of Investing In Company Fixed Deposits:
NBA Home Insurance is a low cost protection plan for you. In addition to flexibility and low premium rates, NBA also promises you convenience at every stage - while you apply, with documentation and while making claims. Only NBA offers unique covers like the pet dog insurance and cancellation of vacation….
Office insurance
Your office is not just a workplace. It is a place where your dreams for a bright future get fulfilled. It is the second home for many of your employees. There's plenty that goes into running a professional establishment. There is a lot you sacrifice and sweat over before you taste success. There are the employees to be taken care of, infrastructure to be maintained and future goals to reach. But through all of this, have you thought about the hazards that could affect your establishment? NBA Office Package Insurance has been designed anticipating these hazards to offer you a comprehensive policy so you can focus on your business goals and the growth of your establishment.
Shop Insurance
As a shop owner, you constantly worry about the hazards your shop and the contents within are exposed to. A sudden crisis at your place - a theft, an employee's infidelity, a fire accident, any disaster like these can severely hamper the running of the establishment. That is why you need a protective cover like the one NBA Shop Package Insurance offers. Taking care of your business is our business. And we do it well.
Fixed Deposits
Fixed deposits in companies that earn a fixed rate of return over a period of time are called Company/Corporate Fixed Deposits. Financial institutions and Non-Banking Finance Companies (NBFCs) also accept such deposits. Deposits thus mobilized are governed by the Companies Act under Section 58A. These deposits are unsecured, i.e., if the company defaults, the investor cannot sell the company to recover his capital, thus making them a risky investment option.
Benefits Of Investing In Company Fixed Deposits:
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How To Choose A Company?
There are many companies operating in Company Deposit market. Investors, however, have to be careful while selecting a company for investing their hard earned money. Following is a checklist for selecting good companies:
Credit Rating/ Reputation and Size of Industrial Group:
The first thing to check out is the rating of the deposit scheme. Investors should avoid those companies, which have below 'A' rating. In case of manufacturing companies, it's however not mandatory to get rating. In this case investor should look at the background of promoters and financial track record. In manufacturing companies, reputation and size of industrial group to which the company belongs is the key criteria for safety and reliability.
Don't put all your eggs in one Basket:
The deposits should be spread over a large number of companies engaged in different industries. In this way an investor will be able to diversify his risk among various Industries/ Companies. Investors should not put more than 10% of their total portfolio in one particular company.
Period of Deposit:
Ideally the investment should be for 1 to 3 years depending upon the rate of interest.
Periodic Review of the Companies:
Saving Schemes
Post Office Monthly Income Scheme (POMIS)
An individual can open a Monthly Income Scheme either singly or jointly. A minor who has attained the age of ten years can also open a POMIS account. The features of this scheme are as under:
There are many companies operating in Company Deposit market. Investors, however, have to be careful while selecting a company for investing their hard earned money. Following is a checklist for selecting good companies:
Credit Rating/ Reputation and Size of Industrial Group:
The first thing to check out is the rating of the deposit scheme. Investors should avoid those companies, which have below 'A' rating. In case of manufacturing companies, it's however not mandatory to get rating. In this case investor should look at the background of promoters and financial track record. In manufacturing companies, reputation and size of industrial group to which the company belongs is the key criteria for safety and reliability.
Don't put all your eggs in one Basket:
The deposits should be spread over a large number of companies engaged in different industries. In this way an investor will be able to diversify his risk among various Industries/ Companies. Investors should not put more than 10% of their total portfolio in one particular company.
Period of Deposit:
Ideally the investment should be for 1 to 3 years depending upon the rate of interest.
Periodic Review of the Companies:
Saving Schemes
Post Office Monthly Income Scheme (POMIS)
An individual can open a Monthly Income Scheme either singly or jointly. A minor who has attained the age of ten years can also open a POMIS account. The features of this scheme are as under:
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WE HAVE TAKEN CARE TO GIVE
MORE ACCURATE DETAILS. BUT INVESTORS ARE
REQUESTED TO ENQUIRE THE CORRECT DETAILS AS ON
THE DATE OF INVESTING FROM THE CONCERNED
INSTITUTIONS.