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Weekly Wealth Report

                                                                April 15, 2024

(Weekly Wealth Newsletter and a Private Circulation from Creating Wealth Company)

                                                                               Curated by

Mr. Sathish Kumar

Founder – Creating Wealth Company

Crorepathi Creator | Financial Consultant | Author | Speaker | Columnist | Youtuber

Phone – 9841058689   
Mail –     
 Web –

Issue 138, Weekly Wealth Newsletter: 15 th Apr 2024 – 22nd Apr 2024

Where to Invest, when the market is at 52 week’s High?

The Sensex crossed the 75,000 milestone on April 09, 2024, a few days ahead of the start of the general elections to the Lok Sabha. It would be worth recollecting that the Sensex had crossed the 25,000 milestone 10 years back on May 16, 2014, the exact day the 2014 general elections results were announced.

Multi-asset funds, which invests in a blend of Equity, Debt, Gold, Real Estate and International Funds may be suitable for investors with a modest risk appetite and even for seasoned players in the market as a healthy mix of assets would be desirable at present times for both beginner and for Seasoner Investor

Multi-asset allocation funds offer diversification across different asset classes and active management, which can be attractive to investors. Most Multi Asset funds exceed Equity Long term Average return of 12% and its about the time for you to review and rebalance your Portfolio.

Call us @ 63795 18807 to Handpick High Performing Funds and Stocks for your Portfolio

Weekly Market Update

  • Domestic equity markets closed with little change after witnessing rise for three consecutive weeks as key benchmark indices S&P BSE Sensex fell marginally and Nifty 50 rose 0.03%.
  • The mid-cap segment closed the week in green, however, the small-cap segment closed the week in red.
  • Domestic equity markets started the week on positive note on expectation of upbeat corporate earnings in the final quarter of FY24. However, sentiments were affected following escalating geopolitical tensions in the Middle East along with rising crude oil prices due to supply concerns.
  • On the BSE sectoral front, S&P BSE METAL increased 2.76% on expectations of strong global demand, after data showed manufacturing growth in China and the U.S
  • The consumer price index-based inflation eased to 10-month low of 4.85% YoY in Mar 2024 compared to 5.09% in Feb 2024, mainly due to cooling food prices
  • Industrial production growth in India (IIP) accelerated to 5.7% YoY in Feb 2024, as compared to 4.1% rise in Jan 2024. Production in the manufacturing industry increased by 5.0%, mining by 8.0% and electricity by 7.5% in Feb 2024.

Mutual Fund Corner

What are multi-allocation funds? Why are they popular? Should you invest?

‘Don’t put all your eggs in one basket’ is perhaps the most popular adage in financial planning.

With the Indian equity market reaching new all-time highs, investors are now seeking to diversify their portfolios beyond equities, considering assets like debt and gold.

Multi-Asset Funds offer a solution by automatically rebalancing allocations, ensuring timely adjustments to maintain a balanced investment approach. This proactive approach helps investors navigate changing market dynamics while optimizing their asset mix.

Winners Rotate, hence jack of all trade should be part of your portfolio to minimise your RISK and optimize your returns.

To invest in SIP & in Mutual Funds Click the link and start your investments instantly ( You can also call us @ 7810079946 )

Stock of the Week


CMP – 1380

Target –  1799 ( In 12 – 18 Month’s Time Frame)

  • Cipla is the 3rd largest Pharma in domestic Market with 1500 products in 65 Therapeutic Categories
  • Cipla hold 1st Rank in Respiratory and Urology Categories and fastest growing Generic Player in North America
  • Company has a low Debt to Equity ratio (avg) at 0.03 times
  • Healthy long term growth as Operating profit has grown by an annual rate 20.72%
  • The company has declared Positive results for the last 3 consecutive quarters with ROCE is at Highest at 20.26%
  • High Institutional Holdings at 48%
  • With ROE of 14.4, it has a Attractive valuation with a 4.5 Price to Book Value
  • For your Equity recommendation – open a De Mat account with Angel Broking with this link

    This week Media Publications

    This week at Nanayam Vikatan – 10 Golden Rules to make high Profits in Stock Market



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    This Newsletter is from Creating Wealth Company – For Private Circulation only.

    For more information connect with Sathish Kumar @ 9841058689

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    Mutual Funds and Stock Market Investments are subject to market risks, pls read all scheme-related documents carefully. The past performance of the mutual fund is not necessarily indicative of future performances. Mutual fund does not guarantee any returns or dividends.

    This report is for informational purposes only and contains information, opinions, and material obtained from reliable sources every effort has been made to avoid errors and omissions and is not to be construed as advice or an offer to act on views expressed therein or an offer to buy and/or sell any securities or related financial instruments, we shall not be responsible and/or liable to anyone for any direct or consequential use of the contents thereof. Reproduction of the contents of this report in any form or by any means is prohibited. 

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