Corrections are part of the market, selling now not advised: Sanctum Wealth

Money Control, Jul 25, 2019

We expect the current quarter to be amongst the worst quarters of the past 3 years in terms of earnings. Those who panic and sell in the current market will find it difficult to move back in and could miss the next move higher. Corrections are at par for the course, and every 3 odd…

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Surcharge hike on India’s rich sharpens focus on tax efficiency: Sanctum WM

Asian Private Banker, Jul 15, 2019

In the wake of India’s proposal to raise income tax surcharges on high net worth individuals (HNIs) in its latest Union Budget, Prateek Pant, head of products and solutions at Sanctum Wealth Management envisions that HNI investment preferences could shift towards more tax-efficient solutions. “It is estimated that about 100,000 individuals comprising business promoters and…

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Budget 2019: Here are the financial services industry bigwigs’ expectations

Money Control, Jul 5, 2019

The budget could further the agenda of building a new India and is expected to open the doors of opportunities to investors in financial markets across asset classes. Union Budget 2019 is expected to set the tone for the Narendra Modi government 2.0 on July 5. Market participants will listen keenly to the announcements of…

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HNIs And Budget 2019: A Quick Look

Outlook Money, Jul 3, 2019

Prateek Pant, Head, Products and Solutions, Sanctum Wealth Management explains whether HNIs should review their portfolio for major events like budget, in a conversation with Himali Patel. 1. How do you expect the Union Budget 2019 to play out for HNIs? High Net Worth Individuals (HNIs) would be hoping for rationalisation of direct taxes and…

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