Introducing Capitalmind Saturday Coffee!

A crisp update on all that’s happened this week - Saturday Coffee with Capitalmind. ☕️ and a very special Holi Offer!

Stocks this week

A snapshot of how stocks in the CNX 500 did while the benchmark indices declined by 2%

Story of the week

But first, “Aap chronology samajhiye”..

March 2020: At the outbreak of the COVID19 pandemic, the RBI said something like: You don’t have to pay EMIs for three months. That was hugely misunderstood and apparently, hugely mis-thought also. And, then came a fancy Italian rooted word - moratorium. We wrote a simple explainer on this - 3 Months of no EMIs, But why you should pay if you can.

November 2020: The Government then issued a clarification on waiving “interest on interest”, which led to people receiving credits in their bank accounts - Is there an ex-gratia amount of money paid to your account? Here’s why.

**This week: **All these clarifications added more confusion than clarity and then there was also a case in Supreme Court seeking waiver of interest on interest for all the loans. The order for that case was out earlier this week - Ok, Tell them your NPAs, says the Court. Will all hell break loose now?

Search engine that’s Indian

This company started as a voice based local search engine in 1996. Yes, a little before google started! Over a period of time this company expanded to platforms like website, mobile app, text (sms) etc. Currently, the company has a robust pan-India presence of 250+ cities covering 11,000 pin codes.

[Premium]: Just Dial- How India’s first search engine is making a strong comeback

Taxes are taxing!

It was a rather extraordinary year - the world came to standstill, crude futures quoted negative prices, and we witnessed a pandemic after 100 years! But these little things can’t budge an eventuality of life - taxes. So here are some articles to help you avoid some last minute mistakes -

• To take care of the 80C component: The best tax-saving ELSS Fund in 2021?

• Review and understand your capital gains taxes: The Basics of Capital Gains Tax

• Let’s not make the most obvious of mistakes. Check out: Top 5 mistakes when filing Income Tax Returns and How to avoid them

Slaying it on slack [Requires Premium Access]

[Premium] Quick links to some of the most awesome discussions we have on our slack community -

• In this weeks segment of #StockOfTheWeek we are discussing a small cap stock in the healthcare sector. Check out: Kovai Medical Center and Hospital (KMCH). Slack link

• Also, we’re doing a special session on Electric Vehicles as an investment theme on Zoom for Capitalmind Premium members only. Read the announcement on slack

• A member has initiated a discussion on overnight options strategy and we get together to evaluate it. Slack link

• Increasing stock prices in capital markets and increasing cost of capital at bond markets. The twisted tale of Adani stocks. Read a fascinating remark by Deepak Shenoy. Slack link

**Links we liked **

Here are some of the handpicked links from across the internet that we enjoyed and we think you will too -

• Via New York Times: A fascinating investigative piece about A Tanker and a Maze of Companies: One Way Illicit Oil Reaches North Korea

• Via Bloomberg: An opinionated take on the Indian bond markets - A Vigilante and a Gambler Walk Into a Bond Market

• Via The Indian Express: An interesting read on How did inflation targeting really impact India?

**A special offer just for Holi! **

Get 21% off on the annual plan. Use code HOLI2021 valid for this long weekend only!

As a** Capitalmind Premium **subscriber, get immediate access to:

• Model Portfolios: Three Equity and One Fixed Income

• Active Strategies: Chase (Our NIFTY + Futures long-short strategy) & other short-term actionable ideas

• **Premium research: **Priority access to our research

• Vibrant learning community on Capitalmind slack: Ask questions, share insights with a diverse community of newbie and veteran investors & traders

Join the best platform for active investors in India

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Until next week! 🤟