9040128054 Phone
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About Us

We at MONETGROVE™ (Former worked as MONEYPLANT) facilitate you to provide knowledge-driven financial services. MONETGROVE™ is a Financial Services provider which aims to offer solutions for all your financial needs and queries. We are a leading Wealth Management, Capital Markets, Mutual Fund, Insurance and Advisory firm from year 2010 of Consulting & Investing experience.


MONETGROVE™ is promoted by Mr. Chinmayananda Swar. He holds a professional degree of financial market. He started MONETGROVE™ consulting with an aim to outsource the non-core activities of corporate clients and to offer personal income tax/ financial market related services to individual, retail and HNI clients. To add to this, he is an ardent finance professional who is well versed in Equity Research, Tax Laws, Portfolio Management Services (PMS) and Fund Management with insurance planning which can thus help in providing a wide spectrum of services to clientele of the firm.

 

Since its Inception we have been successful in providing seamless service and significant advantage for clients with our well equipped team of qualified professional’s knowledge of financial markets, investment instruments and other products. We aim at clients benefit from the professional expertise, technical knowledge and experience. We have been recognized for expertise in the financial arena by highly reputed institutions and clients. We strive to provide transparent, ethical and research-based investments and wealth management services rather than sales oriented. We believe Every individual have to dream wealthy and we try to achieve this for them by providing knowledge, research and time. It is well said by Mr. Chinmayananda that “INVESTMENTS CREATE WEALTH, INCOME DOESN’T.”

 

VISION

"To be the Preferred Financial Service Provider and Advisor in the Markets we serve."

 

 

MISSION

“Our mission is to achieve an unequalled standard of excellence in our profession by providing personalized value-added services and to become indispensable to our clients by assisting them in making educated, intelligent financial decisions.”

 

 

 

TERMS AND CONDITIONS


Welcome to our website. If you continue to browse and use this website you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our privacy policy govern MONEYGROVE™ relationship with you in relation to this website.

The term “MONEYGROVE™. “or “us” or “we” refers to the owner of the website. The term “you” refers to the user or viewer of our website.

THE USE OF THIS WEBSITE IS SUBJECT TO THE FOLLOWING TERMS OF USE:

You understand and accept that MONEYGROVE™ maintains the web-site http://www.moneygrove.in or http://www.moneygrove.wordpress.com or related websites (going ahead referred to as “Site” or “website”) to provide visitors with information about MONEYGROVE™, its services and products and to facilitate communication with MONEYGROVE™ and availing its services. You also accept that visitors to the Site are required to read the below terms, and use of the Site constitutes my acceptance and agreement to be bound by such terms, and the changes therein to the Terms from time to time, relating to your usage of the website as communicated and made available on the website.

You are aware and accept that all information, content, materials, products (including, but not limited to text, content, photographs, graphics, video and audio content) on the website is protected by copyright in favor of MONEYGROVE™ under applicable copyright laws and is also protected otherwise under general intellectual property law.

You understand and accept that all information submitted by you through the Site shall be deemed the property of MONEYGROVE™ and MONEYGROVE™ shall be free to use any ideas, concepts, know-how or techniques provided by you at the Site, in any manner whatsoever. On initiating a contact through the Site you agree to being contacted by MONEYGROVE™ or any other entities with whom MONEYGROVE™ has entered into an arrangement.

You agree that you shall not copy, reproduce, sell, redistribute, publish, enter into a database, display, perform, modify, transmit, license, create derivatives from, transfer or in any way exploit any part of any information, content, materials, services available from or through the Site, except that which you may download for my own personal, non-commercial use.

You agree that you will not use MONEYGROVE™’s website for any purpose that is unlawful, or prohibited by these Terms. You also agree you will not use the Site in any manner that could damage, disable or impair the website or interfere with any other party’s use or enjoyment of the website.

You acknowledge that the software and hardware underlying the Site as well as other Internet related software which are required for accessing the website are the legal property of the respective Vendors. The permission given by MONEYGROVE™ to access the website will not convey any proprietary or ownership rights in the above software / hardware. You agree that you shall not attempt to modify, translate, disassemble, decompile or reverse engineer the software / hardware underlying the website or create any derivative product based on the software / hardware.

You understand and accept that not all the products and services offered on this website are available in all geographic areas and you may not be eligible for all the products or services offered by MONEYGROVE™ on the Site. MONEYGROVE™ reserves the right to determine the availability and eligibility for any product or service.

You understand and accept that MONEYGROVE™ is not responsible for the availability of content or other services on third party sites linked from the website. You are aware that access of hyperlinks to other internet sites are at your own risk and the content, accuracy, opinions expressed, and other links provided by these sites are not verified, monitored or endorsed by MONEYGROVE™ in any way. MONEYGROVE™ does not make any warranties, and expressly disclaims all warranties express or implied, including without limitation, those of merchantability and fitness for a particular purpose, title or non-infringement with respect to any information or services or products that are available or advertised or sold through these third party websites.

MONEYGROVE™ shall not be liable if any transaction does not fructify or may not be completed or for any failure on part of the WIFS to perform any of its obligations under these terms and conditions or those applicable specifically to its services/facilities if performance is prevented, hindered or delayed by a Force Majeure event (defined below) and in such case its obligations shall be suspended for so long as the Force Majeure event continues.

“Force Majeure Event” means any event due to any cause beyond the reasonable control of MONEYGROVE™, including without limitations, unavailability of any communication systems, breach, or virus in the processes or payment or delivery mechanism, sabotage, fire, flood, explosion, acts of god, civil commotion, strikes or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, unauthorised access to computer data and storage devices, computer crashes, malfunctioning in the computer terminal or the systems getting affected by any malicious, destructive or corrupting code or program, mechanical or technical errors/failures or power shut down, faults or failures in telecommunication etc.

You understand and accept MONEYGROVE™ has the absolute discretion to amend or supplement any of the Terms at any time and will give prior notice of 30 days for such changes. Changed Terms and Conditions shall be communicated to you on the website and by other acceptable modes of communication. By using the services, I shall be deemed to have accepted the changed Terms and Conditions.

You accept that the Courts in Bhubaneswar, Odisha alone shall have exclusive jurisdiction as regards any claims or matters arising out of dealings with MONEYGROVE™ and all disputes will be governed by the laws of India.

You understand and agree that these Terms are in addition to, and not in derogation of, the applicable Terms and Conditions relating to your usage of any MONEYGROVE™ services that you may be currently availing or may avail in the future.

 

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Features

Family Account

Access your family member's Portfolio
with one single login

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Transact Online

Invest Online in Lumpsum or SIP
in mutual fund schemes.

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Save Tax

Check out Tax Savings
and Invest into ELSS Funds

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Reports

View your current market value,
your profits & losses.

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Calculators

Calculate the amount of wealth
required for your goal

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Factsheet

Explore Mutual Fund schemes
and their performance

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Focused Funds

Check out our recommended funds
and invest into them

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Market Views

Get monthly market outlook
from the experts

E-Locker

Upload and save
your important documents.

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Mobile App

Manage your wealth & track your family’s portfolio with one single login. You can easily and quickly invest in Mutual Funds from the app. Explore funds, view their performance and invest. Start an SIP or invest Lumpsum. Check out our recommendation of funds under Focused Funds. Whether you made profits or loss, check out from the reports. Simply Login and setup a 4 digit PIN for subsequent login so that you don’t need to enter your Username & Password every time. Download Now!

Mutual Funds

A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers, who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.


Mutual funds give small or individual investors access to professionally managed portfolios of equities, bonds, and other securities. Each shareholder, therefore, participates proportionally in the gains or losses of the fund. Mutual funds invest in a vast number of securities, and performance is usually tracked as the change in the total market cap of the fund—derived by the aggregating performance of the underlying investments.

KEY TAKEAWAYS
A mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities. 
Mutual funds give small or individual investors access to diversified, professionally managed portfolios at a low price.
Mutual funds are divided into several kinds of categories, representing the kinds of securities they invest in, their investment objectives, and the type of returns they seek.
Mutual funds charge annual fees (called expense ratios) and, in some cases, commissions, which can affect their overall returns.
The overwhelming majority of money in employer-sponsored retirement plans goes into mutual funds.

Mutual funds pool money from the investing public and use that money to buy other securities, usually stocks and bonds. The value of the mutual fund company depends on the performance of the securities it decides to buy. So, when you buy a unit or share of a mutual fund, you are buying the performance of its portfolio or, more precisely, a part of the portfolio's value. Investing in a share of a mutual fund is different from investing in shares of stock. Unlike stock, mutual fund shares do not give its holders any voting rights. A share of a mutual fund represents investments in many different stocks (or other securities) instead of just one holding.

Investors typically earn a return from a mutual fund in three ways:

Income is earned from dividends on stocks and interest on bonds held in the fund's portfolio. A fund pays out nearly all of the income it receives over the year to fund owners in the form of a distribution. Funds often give investors a choice either to receive a check for distributions or to reinvest the earnings and get more shares.
If the fund sells securities that have increased in price, the fund has a capital gain. Most funds also pass on these gains to investors in a distribution.
If fund holdings increase in price but are not sold by the fund manager, the fund's shares increase in price. You can then sell your mutual fund shares for a profit in the market.
If a mutual fund is construed as a virtual company, its CEO is the fund manager, sometimes called its investment adviser. The fund manager is hired by a board of directors and is legally obligated to work in the best interest of mutual fund shareholders. Most fund managers are also owners of the fund. There are very few other employees in a mutual fund company. The investment adviser or fund manager may employ some analysts to help pick investments or perform market research. A fund accountant is kept on staff to calculate the fund's NAV, the daily value of the portfolio that determines if share prices go up or down. Mutual funds need to have a compliance officer or two, and probably an attorney, to keep up with government regulations. 
 

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Market Views

Please click here for Monthly Equity & Debt Outlook Presentation – Dec 2020 

 

Key Events:

 

  • Nifty (+11.4%) rallied sharply in November, as a global risk-on triggered by a Biden victory, positive vaccine developments and dollar weakness (DXY fell by ~2.3% in Nov) led to strong inflows into EM markets
  • FIIs pumped in ~$9.4bn into India equities (highest ever monthly net inflows) partly driven by MSCI rebalance, as >$2bn of passive inflows were expected due to increase in Foreign Ownership Limits in various stocks
  • DIIs on the other hand, continued to remain net sellers including Domestic MFs as equity funds witnessed fourth consecutive month of net outflow in October as redemptions grew 20% vs September
  • Deceleration in real GDP growth moderated to -7.5% y/y in 2Q (vs -23.9% in 1Q). Rebound was led by manufacturing (+0.6% y/y vs -39.3% in 1Q) while subdued govt. spending dragged growth
  • CPI spiked to 7.6% in October, highest print since May’14 while core CPI also rose slightly to 5.8%. While inflationary pressures were broad based, food items led the sharp jump, partly due to unseasonal rains
  • Govt’s latest measures focused on urban consumption, infrastructure and Covid-affected sectors. Moreover, loan guarantee scheme was extended to 26 stressed sectors and healthcare
  • RBI released a pro-growth monetary policy decision. Kept Repo and Reverse Repo rate unchanged

Please click here for Monthly Equity & Debt Outlook Presentation – September 2020.

  

Key Events:

·         1Q FY21 Real GDP growth contracted by 23.9% YoY, weaker than the street estimates. Led by a strict lockdown and labor migration, construction was the worst hit, followed by trade, hotels, transport and communication. 

 

·         MPC took a pause in the rate easing cycle while refraining from giving any specific forecasts on growth & inflation given heightened uncertainty.

 

·         July’s CPI print of 6.9% (v/s 6.2% in June) drastically reduced chances of a rate cut for the rest of this fiscal year. RBI’s recent policy statement had predicted inflation to stay elevated till Sep and see moderation in 2HFY21.

 

·         India’s trade balance turned to a deficit of ~$4.8bn in July are a rare surplus of ~$0.8bn in June, as gold and other imports started to pick-up. Exports in July were down ~10% in July at $23.6bn while imports at $28.4bn.

 

·         India’s fiscal deficit stood at Rs8.2trn at the end of July, at ~103% of the budgeted target for the current fiscal year. Sharp fall in tax receipts coupled with resilient government expenditure led to the high deficit in the period.

 

·         After an erratic July, August witnessed excess rainfall of 26%, highest print since 1901. Rainfall is already at a record in states of Maharashtra, Madhya Pradesh, Gujarat, and Odisha.

 

·         Indian Equities moved slightly higher (Nifty +2.8%) in August.

Please click here for Monthly Equity & Debt Outlook Presentation – August 2020

 

Key Events: 

·         Nifty (+7.5%) made new highs (breaching 200DMA & 11k for the first time since March fall) in July but more than half of its gains were contributed by just two stocks.

·         After a sharp recovery (>+50%) from April lows, activity levels peaked in early-July and were still >15% below pre-Covid levels.

·         The MPC, unanimously, kept the repo rate unchanged at 4% but retained the ‘accommodative’ stance.

·         Headline CPI moderated to 6.1% for June after peaking at 7.2% in April. Core Inflation at 5.1% was still elevated in June suggesting that despite the subdued demand, the supply disruption led CPI to spike

·         After almost 18 years, India reported a trade surplus of $0.8bn in June driven by broad-based export rebound and still weak import demand. Oil imports were suppressed by low oil, but non-oil trade improved sharply

·         Centre’s fiscal deficit during 1Q of this fiscal stood at ~83% of Budget Estimate. Reports suggested that actual fiscal deficit for FY21 could be as high as 7.6%, almost 2x budget

Equity Market Outlook - October 2021 by Mr. Harish Krishnan
19/10/2021 15:39:28
Debt Market Outlook - October 2021 by Ms. Lakshmi Iyer
19/10/2021 15:39:13
Daily Podcast as on 23rd August 2021
24/08/2021 14:39:25
 

Contact Us

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9040128054
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