Get all your queries answered|Call : 022 28254443|Email :
Investments in securities are subject to market risks, which include a price fluctuation risk. There is no assurance or guarantee that the objectives of any of the schemes mentioned in this document will be achieved. The investments made by the various schemes may not be suitable to all categories of investors. The names of the schemes do not, in any manner, indicate their prospects or returns. The performance in the equity schemes may be adversely affected by the performance of individual companies, changes in the marketplace and industry-specific and macro-economic factors. The debt investments and other fixed-income securities may be subject to interest rate risk, liquidity risk, credit risk and re-investment risk. Liquidity in these investments may be affected by trading volumes, settlement periods and transfer procedures. Technology stocks and some of the investments in the niche sectors run the risk of volatility, high valuation, and obsolescence and low liquidity. One or more of the schemes may use derivative instruments like index futures, stock futures, and options contracts, warrants, convertible securities, swap agreements or any other derivative instruments for the purpose of hedging and portfolio balancing, as permitted under the regulations and guidelines. The use of a derivative requires an understanding not only of the underlying instrument but of the derivative itself. Derivatives require the maintenance of adequate controls to monitor the transactions entered into, the ability to assess the risks that a derivative adds to the portfolio, and the ability to forecast price or interest rate movement correctly. Schemes using derivative futures & options products are affected by risks different from risks associated with stocks and bonds. Such products are high leverage instruments and their use requires a high degree of skill and expertise. Small price movements in the underlying securities may have a large impact on the value of derivative futures & options. Some of the risks relate to mispricing or the improper valuation of derivative futures & options, and the inability to correlate the positions with underlying assets, rates and indices. Also the derivative futures & options markets are uncertain in India. In the case of stock-lending, risks relate to the default from counterparties with regards to the securities lent and the corporate benefits thereof, inadequacy of the collateral and the settlement risks. The portfolio manager is not responsible or liable for any loss resulting from the operations of the scheme. The performance of the schemes may be affected by changes in government policies, general levels of interest rates, and risks associated with trading volumes, liquidity and settlement systems in equity and debt markets. The scheme may invest in non-publicly offered debt securities and unlisted equities. This may expose the scheme to liquidity risks.
Promoted by Dinesh Thakkar in 1987, Angel Broking started as a sub-broker business with a team-size of three. Today Team Angel has over 3500 members and work with more than 4,000 channel partners / business associates. This makes Angel one of the largest retail stock–broking entities in the country. Angel's 100% “retail –focused” business model has helped it to build a base of over 4.2 lakhs retail clients, who are serviced through a pan-India network of 16 regional hubs and 104 branches.
Angel has been awarded the “Major Volume Driver” award by the BSE for three consecutive years, viz., 2004-05, 2005-06, and 2006-07. Angel also has the largest sub-broker network on the NSE.
For Marketing & Sales related queries, please call us on (022) 28254443 or write to:
Information revolution has created a plenty of problem for most of us as it rides on the back of pink papers and ever increasing business news channels which are constantly jostling for our mindshare. While surplus information is usually an advantage, it also presents its own set of peculiar challenges in the form of seemingly contradictory viewpoints which often pose more questions than answers.
Spectrum implies a broad range of conditions, behaviors, or views that are grouped together for ease of study. It is therefore apt that we refer to our PMS newsletter penned by our Fund Managers every month as “Spectrum” as it attempts to distill information, synthesize opinions, and crystallize thoughts to make a coherent sense of the market discourse. We hope that Spectrum meets your expectations as it delivers a crisp synopsis of the news, views and events affecting the market. However we wish to leave the last word to you as we await your suggestions and feedback to make to it more relevant.