An impressive array of super premium and high end residential, office, commercial and retail projects has seen Nitesh Estates script success story within a short span of just five years. The company is set to go full throttle powered by funds garnered from its forthcoming IPO.

Shriram Transport Finance Company (STFC), one of the largest asset financing NBFCs in India, has plans to enter the debt capital market with a public issue of non-convertible debentures to the tune of Rs 500 cr with an option to retain over-subscription of up to Rs 500 cr

We do not expect any major gains from NHPC on listing. However, being a strong PSU, one can still take exposure to the NHPC IPO as the risk is low.

Buying at the right time is not the only factor in making profits; one has also to book profit or sell at the right time. However, it works against the basic human instinct of greed to sell when markets are performing. This fund will help investors in systematically booking profits at the predetermined levels.

Gold as an asset class has emerged as a preferred investment avenue over the last one year when equity markets have been down and out across the globe. It is not surprising then to find that this is the sixth fund in the Gold ETF category.