Mohini Mohan Dutta: The Mystery Beneficiary in Ratan Tata’s ₹500 Crore Will

The opening of Ratan Tata’s will has named Mohini Mohan Dutta, a Jamshedpur-based entrepreneur, as a beneficiary, bringing attention to a figure previously unknown to many. Reports suggest that Dutta is set to inherit approximately ₹500 crore, leading to speculation about his relationship with the late industrialist.

Who is Mohini Mohan Dutta?

Mohini Mohan Dutta is an entrepreneur from Jamshedpur, Jharkhand. He owned a travel agency called Stallion, which was later merged with Taj Services, a part of the Taj Group of Hotels. His family reportedly held an 80% stake in Stallion, with Tata Group owning the remaining 20%. Dutta is also the director of TC Travel Services, which is associated with Thomas Cook.

Dutta’s family has also been connected to the Tata Group professionally. One of his daughters worked at Taj Hotels before joining Tata Trusts, where she was employed for nine years.

Association with Ratan Tata

Dutta and Ratan Tata first met when Tata was 24 years old. Over the years, their association remained largely private. According to reports, they had known each other for six decades. Dutta has stated in the past that Tata had a role in shaping his career.

Dutta was among the attendees at Tata’s birth anniversary event in December 2024 in Mumbai, as well as his funeral in October.

Details of the Will

Ratan Tata, who passed away at 86, left most of his estate to charitable trusts. His half-sisters, Shireen and Deanna Jejeebhoy, were also named as beneficiaries. However, Dutta’s share reportedly ₹500 crore, has led to speculations.

The will has drawn attention as some members of the Tata family, including Noel Tata, were not included. The reasons behind these decisions remain unknown. As legal proceedings continue, Dutta’s inheritance remains a subject of discussion.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

NFO Alert: 3 NFOs Opens For Subscription From Union and Edelweiss Mutual Fund

With New Fund Offers (NFOs) hitting the market, investors looking for gold-backed assets or debt instruments have a few options to consider. Three upcoming funds named Union Gold ETF, Union Gold ETF Fund of Fund, and Edelweiss CRISIL-IBX AAA Bond NBFC-HFC Jun 2027 Index Fund bring different opportunities and risk levels. Here’s a breakdown of what they offer.

Union Gold ETF

Category: Gold ETF
Dates: February 10 – February 17, 2025
Minimum Investment: ₹1,000
Exit Load: None
Risk Level: High
Fund Manager: Vinod Malviya

This fund is designed to mirror the domestic price of physical gold. It invests directly in gold, so that the returns are closely tied to market rates. However, as gold prices fluctuate, this ETF carries a high-risk rating. NAV calculations will be done daily, offering liquidity and real-time tracking.

Union Gold ETF Fund of Fund

Category: FoFs (Fund of Funds)
Dates: February 10 – February 24, 2025
NAV at Launch: ₹10
Minimum Investment: ₹500
Minimum SIP: ₹1,000
Risk Level: High

For those who want exposure to gold without directly dealing with ETFs, this Fund of Fund (FoF) invests in the Union Gold ETF. It offers lower entry points, with a minimum investment of ₹500 and SIP starting at ₹1,000. However, being a gold-based fund, it still comes with high risk.

Edelweiss CRISIL-IBX AAA Bond NBFC-HFC Jun 2027 Index Fund

Category: Debt – Target Maturity Index Fund
Open Date: February 10 – February 17, 2025
Minimum Investment: ₹100
Minimum SIP: ₹100
Exit Load: 0.1% (for redemptions within 30 days)
Risk Level: Moderate
Benchmark: CRISIL-IBX AAA NBFC-HFC – Jun 2027
Fund Manager: Dhawal Dalal

This target maturity debt fund invests in AAA-rated NBFC and HFC bonds, providing a relatively stable investment option. Investors in higher tax brackets may want to consider this fund, as taxation will be based on their applicable income slab. It has a moderate-risk rating, making it considerable for those seeking predictable returns with lower volatility than equity or gold funds.

Ready to watch your savings grow? Try our SIP Calculator today and unlock the potential of disciplined investing. Perfect for planning your financial future. Start now!

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

ICICI Prudential Mutual Fund Announces Income Distribution for Two Equity Schemes

ICICI Prudential Mutual Fund has declared income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option for two of its equity schemes. Investors holding units as of the record date, February 11, 2025, will be eligible for this payout.

Funds and Distribution Details

The income distribution is applicable to the following schemes:

Scheme Distribution (₹ per unit)
ICICI Pru Banking and Financial Services Direct-IDCW 5.70
ICICI Pru Banking and Financial Services-IDCW 5.70
ICICI Pru MNC Direct-IDCW 1.75
ICICI Pru MNC-IDCW 1.75 

Both the Banking & Financial Services Fund and the MNC Fund have separate IDCW options for direct and regular plans, but the distribution amount remains the same across categories.

Understanding IDCW in Mutual Funds

The IDCW option, previously known as the dividend option, allows investors to receive periodic payouts from their mutual fund holdings. However, unlike growth plans, where earnings remain invested, IDCW payouts reduce the Net Asset Value (NAV) of the scheme post-distribution. Investors choosing this option should be mindful of the tax implications, as IDCW is taxed at their applicable income slab.

Sector-Specific Approach

The ICICI Prudential Banking and Financial Services Fund primarily invests in banking, insurance, and financial companies, capitalizing on India’s growing financial sector. With a distribution of ₹5.70 per unit, it shows consistent earnings from this segment.

On the other hand, the ICICI Prudential MNC Fund focuses on multinational corporations (MNCs) operating in India. These companies, known for their balance sheets and global expertise, have secured ₹1.75 per unit in income distribution.

Takeaways for Investors

  • Record Date: Investors must hold units on February 11, 2025, to qualify.
  • Payout Impact: NAVs will adjust accordingly after distribution.
  • Tax Considerations: IDCW is taxed as per individual income slabs.

For those seeking regular income from their investments, these payouts could be considered. However, investors should weigh growth potential against IDCW taxation before choosing their preferred option.

Want to plan regular withdrawals? Our SWP Calculator helps you calculate how much you can withdraw while keeping your investments intact. Try it now!

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

L&T Finance Acquires Gold Loan Business From Paul Merchants

L&T Finance (LTF), a prominent non-banking financial company (NBFC) and a key subsidiary of the esteemed Larsen & Toubro Group, offers a comprehensive suite of financial services, spanning rural finance, housing loans, infrastructure financing, and investment management.

L&T Finance Entered in Gold Loan Sector

In a strategic bid to bolster its footprint in secured retail lending, LTF has announced its entry into the gold loan sector through the proposed acquisition of the gold loan business of Paul Merchants Finance (PMFL). This pivotal move aligns with the company’s ambitious Lakshya 2026 growth strategy.

The transaction, valued at ₹537 crore on a slump sale basis, is set to provide LTF with access to over 98,000 customers, 700 employees, and 130 branches spanning 11 states, including Punjab, Haryana, Delhi, Rajasthan, Gujarat, Madhya Pradesh, and Uttarakhand.

Statement From Management 

Sudipta Roy, Managing Director & Chief Executive Officer of LTF, highlighted that this acquisition would expedite the company’s gold loan growth trajectory by nearly 36 months, potentially adding ₹1,000 crore to its assets under management (AUM). 

“This strategic move addresses a crucial gap in our secured high-yield portfolio, enhancing our offerings for both rural and urban clientele, and complementing our existing microfinance and rural lending operations,” he noted.

Statement from PMFL Management 

Meanwhile, Sat Paul Bansal, Chairman and Managing Director of PMFL, underscored the gold loan business’s impressive growth, achieving a compound annual growth rate (CAGR) exceeding 35% over the past 3-4 years. “Further scaling necessitated robust financial backing, and I am confident that LTF is the ideal strategic partner to propel this business forward,” he remarked.

L&T Finance Q3 FY25 Results

L&T Finance reported a consolidated net profit of ₹626 crore for Q3 FY25, a 2% decline from ₹640 crore in Q3 FY24, primarily due to a surge in impairment costs, which more than doubled to ₹729 crore. The net interest margin fell to 10.33% from 10.93% a year ago. 

However, the consolidated loan book grew by 16% YoY to ₹95,120 crore, driven by a 23% rise in the retail loan portfolio to ₹92,224 crore. Asset quality improved, with the gross NPA ratio declining to 2.85% from 3.19% and net NPA easing to 0.81% from 0.96% in Q2 FY25.

Share Price Performance 

At 2:44 PM on February 10, 2025,  L&T Finance Ltd. shares traded at ₹148.36 per share on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

PM Kisan 19th Instalment Out this Month: Key Updates to Know

The Union Agriculture Minister, Shivraj Singh Chouhan, has confirmed that the 19th instalment of the PM Kisan Samman Nidhi Yojana will be released by the end of February 2025. Prime Minister Narendra Modi is expected to personally disburse the funds during his visit to Bihar on 24 February, where he will also participate in agricultural programmes and state development initiatives. This scheme aims to provide direct financial assistance to farmers across the country.

e-KYC Requirement for PM-Kisan Beneficiaries

To receive benefits under the PM-Kisan scheme, farmers must complete the e-KYC process, ensuring that the financial aid reaches eligible beneficiaries directly into their Aadhaar-linked bank accounts. This measure prevents fraudulent claims and ensures transparency. Farmers can complete e-KYC through the following modes:

  • OTP-Based e-KYC – Available on the PM-KISAN portal and mobile app.
  • Biometric-based e-KYC – Can be completed at Common Service Centres (CSCs) and State Seva Kendras (SSKs).
  • Face Authentication-Based e-KYC – Accessible via the PM-Kisan mobile app.

Farmers can register for the PM-Kisan scheme by visiting the official portal, seeking assistance from Common Service Centres (CSCs), contacting state-designated nodal officers, or approaching local patwaris or revenue officers.

Checking PM-Kisan 18th Instalment Status

The 18th instalment of the PM-Kisan Yojana was disbursed by Prime Minister Modi on 15 October 2024. Beneficiaries can check their payment status through the following steps:

  • Visit the official website at pmkisan.gov.in.
  • Click on the status link available on the homepage.
  • Choose to check the status using either a mobile number or registration ID.
  • Enter the displayed code along with the required details.
  • Click on “Get Data” to view the payment status.

Conclusion

PM Kisan Yojana continues to provide crucial financial support to farmers. With the 19th instalment scheduled in February 2025, The beneficiaries must ensure that their e-KYC is completed to receive the funds without any issue.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Cipla Unit Received a Voluntary Action Indicated Status From the USFDA

Cipla Ltd, a leading Indian multinational pharmaceutical powerhouse headquartered in Mumbai, has been synonymous with affordable yet cutting-edge healthcare solutions since its inception in 1935. 

The company holds a distinguished reputation in respiratory, oncology, cardiovascular, and anti-infective therapies. With a formidable global footprint spanning over 80 countries, Cipla boasts an extensive portfolio of both branded and generic medicines.

Received Status From USFDA

Cipla Ltd disclosed that its manufacturing facility in Virgonagar, Bengaluru, had received a Voluntary Action Indicated (VAI) status from the United States Food and Drug Administration (USFDA). 

A VAI designation implies that while the inspection identified certain objectionable conditions or practices, the regulatory body does not currently intend to pursue administrative or enforcement actions. 

This rating is notably more favourable than the Official Action Indicated (OAI) status, which typically calls for regulatory interventions. The inspection in question, a routine evaluation of compliance with current Good Manufacturing Practices (cGMP), was conducted by the USFDA between November 7 and November 13, 2024.

Cipla Q3 FY25 Results

Cipla Ltd. continues to deliver an impressive financial performance. The company reported a stellar 49% year-on-year surge in net profit to ₹1,574.6 crore for Q3 FY25, compared to ₹1,068.5 crore during the same period last year. 

Revenue from operations grew by 7% year-on-year to ₹7,073 crore, bolstered by a strong 10% uptick in the Indian market, which contributed ₹3,146 crore.

North American revenues stood at $226 million, reflecting a marginal 1% dip attributable to supply chain disruptions. Nonetheless, EBITDA expanded by a remarkable 15.7% year-on-year to ₹1,989 crore, with margins climbing 184 basis points to a record-breaking 28.1%.

Share Price Performance 

At 2:22 PM on February 10, 2025, Cipla Ltd shares traded at ₹1,454.40 per share on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

BHEL Bags Thermal Power Project Worth ₹8,000 Crore From Maharashtra State Power Generation

Bharat Heavy Electricals Ltd. (BHEL), one of India’s largest and most venerable engineering enterprises, has cemented its reputation as a cornerstone of the nation’s power and industrial sectors since its inception in 1964. Headquartered in New Delhi, the state-owned behemoth excels in the manufacturing of power generation equipment, including turbines, boilers, and transformers.

Received Letter of Award (LoA)

In a significant development, BHEL recently secured a Letter of Award (LoA) valued at approximately ₹8,000 crore from Maharashtra State Power Generation Company Ltd. (Mahagenco), a key arm of the Government of Maharashtra.

The order is for a 2×660 (1320) MW BTG (boiler turbine generator) package of Koradi Thermal Power Station which includes supply of equipment, erection and commissioning and civil works and is expected to be completed by 52-54 months from the award of LOA. 

BHEL Q3 FY25 Performance

On January 28, 2025, BHEL announced its Q3 FY25 results, showcasing a robust financial turnaround. The company reported a consolidated net profit of ₹134.7 crore, more than doubling from ₹60.31 crore in the corresponding period the previous year. 

Revenue from operations surged by 32.3% year-on-year to ₹7,277.1 crore, driven largely by its pivotal power sector division, which contributes around 70% to overall business operations. During the quarter, EBITDA climbed by 40% to ₹304 crore, with margins improving by 30 basis points to 4.2% from 3.9% in the prior year. Margin expansion was partially curtailed by a notable rise in other expenses.

Share Price Performance 

At 12:52 PM on February 10, 2025, Bharat Heavy Electricals Ltd shares traded at ₹203.31 per share on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Maha Kumbh 2025: How ITC, Dabur & Other Major Brands Are Grabbing Attention!

The Maha Kumbh Mela in Prayagraj, one of the largest religious gatherings in the world, commenced on January 13 and will continue until February 26, 2025. Held every 12 years, the event attracts millions of pilgrims and tourists, making it an unparalleled opportunity for brands to engage with a vast and diverse audience.

From FMCG leaders and technology giants to financial services and media houses, companies are leveraging this historic occasion to enhance brand visibility and consumer engagement. Traditional marketing is being blended with cutting-edge innovations such as AI-driven interactions, on-ground activations, and digital streaming to maximise outreach.

Reliance Consumer Products: Enhancing Pilgrim Comfort

Reliance Consumer Products Ltd (RCPL) is offering a range of services aimed at improving the experience of pilgrims. Key initiatives include:

  • Campa Ashram: A dedicated resting area for pilgrims.
  • Aaram Sthals: Strategically placed relaxation zones along roads leading to the Mela.
  • Refreshments and Assistance: Free hydration stations, directional signage, and guidance boards to aid navigation across the expansive grounds.

Dabur: A Blend of Tradition and Innovation

Dabur is engaging with consumers through strategic partnerships and on-ground activations. Some of its key initiatives include:

  • Product Sampling: Collaborating with dhabas and restaurants to offer tastings of its products, such as Hajmola.
  • Pilgrim Facilities: Setting up changing rooms for women and baby care zones stocked with Dabur’s hair care and baby care products.

ITC: Spiritual Engagement with a Digital Twist

ITC’s Mangaldeep brand is amplifying the spiritual essence of Maha Kumbh through an immersive multi-channel approach:

  • Participating in Rituals: Hosting havans and evening bhajans.
  • Augmented Reality (AR) Experiences: Bringing devotional experiences such as Kumbh Snan and Deepdaan into people’s homes.
  • Cultural Initiatives: Bingo! is engaging visitors with interactive reels on Uttar Pradesh’s traditional music and offering fusion dishes inspired by local flavours.

Coca-Cola: Refreshing Pilgrims with a Sustainability Focus

Coca-Cola is making its mark by integrating sustainability into its engagement strategies:

  • Local Flavour Pairings: Introducing beverage pairings with local delicacies.
  • Recycling Initiatives: Raising awareness about repurposed packaging and waste management.
  • Social Impact Initiatives: Encouraging collective action towards sustainability through interactive campaigns.

PepsiCo India: Illuminating the Mela

PepsiCo India has launched visually striking and practical initiatives to enhance the Maha Kumbh experience:

  • Mountain Dew Navigation Beacon: A 30-foot illuminated bottle to aid pilgrims in finding their way, particularly at night.
  • Sting Charging Towers: Over 500 charging points to keep devices powered throughout the event.
  • Sustainable Transport: Collaborating with electric vehicle services for eco-friendly pilgrim transport.

PhonePe: Digital Solutions for Pilgrims

PhonePe has introduced a unique insurance plan tailored for Kumbh Mela visitors:

  • Affordable Coverage: Policies start from ₹59 for train and bus travellers and ₹99 for domestic flyers.
  • Seamless Digital Transactions: Promoting cashless payments to enhance convenience and security.

Kuku FM: Spiritual Content on Demand

Kuku FM is tapping into the devotional spirit of Maha Kumbh with its newly launched Bhakti App:

  • Extensive Library: Over 2,000 hours of spiritual audiobooks, bhajans, and religious teachings.
  • Dedicated Content Development: Expanding offerings in the devotional audio OTT segment.

Bank of Baroda: Strengthening Financial Inclusion

As the convenor of the State Level Bankers’ Committee (SLBC) in Uttar Pradesh, Bank of Baroda is facilitating banking services for attendees:

  • Enhanced Digital Payment Solutions: Encouraging digital transactions across the event.
  • On-Ground Banking Support: Setting up banking assistance centres for pilgrims and traders.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

Gold Price Hits All-Time High; Check Gold and Silver Prices in Your City

Gold prices surged to record highs in the domestic futures market on February 10, 2025, as uncertainty surrounding the US President Donald Trump’s tariff policies boosted the yellow metal’s safe-haven appeal. MCX Gold for April 4 expiry jumped to an all-time high of ₹85,469 per 10 grams. As of 12:03 PM, MCX Gold for the same contract was up 0.60% at ₹85,400 per 10 grams.

In the international market, spot gold hovered near its all-time high, trading at $2,884.53 per ounce, up 0.79% as of 12:03 PM.

Gold Prices in India

Gold prices increased significantly on February 10, 2025, in both domestic and international markets. In India, gold prices rose by ₹500 per 10 grams in major cities.

  • Mumbai: 24-carat gold is priced at ₹8,537 per gram, while 22-carat gold costs ₹7,826 per gram. The 24-carat gold price stood at ₹85,370 per 10 grams as of 12:03 PM.
  • Delhi: 22-carat gold is priced at ₹78,118 per 10 grams, while 24-carat gold is trading at ₹85,220 per 10 grams.

Gold Prices Across Major Indian Cities (February 10, 2025)

Here is a detailed breakdown of gold prices as of February 10, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 85,610 78,476
Hyderabad 85,500 78,375
Delhi 85,430 78,311
Mumbai 85,370 78,256
Bangalore 84,580 77,532

Silver Prices in India on February 10, 2025

International silver prices rose by 0.64% to $32.02 per ounce as of 12:03 PM. Meanwhile, in India, silver prices decreased by ₹110 per kg.

Silver Prices Across Major Indian Cities

 

City Silver Rate in ₹/kg 
Mumbai 95,370
Delhi 95,200
Kolkata 95,240
Chennai 95,640

 

Key Takeaways

  • Gold Prices: Both 22-carat and 24-carat gold prices have increased in major Indian cities, reaching a fresh all-time high on MCX amid uncertainty over US tariff policies.
  • Silver Prices: Silver prices have decreased slightly in India.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

Tilaknagar Industries Faces Legal Setback in ‘Mansion House’ Trademark Case

Tilaknagar Industries Ltd. (TI) has encountered a legal hurdle in its ongoing trademark battle over the ‘Mansion House’ brand. The Bombay High Court, in an order dated February 7, 2025, dismissed TI’s plea seeking an injunction against Herman Jansen Beverages Nederland B.V. and others from using the ‘Mansion House’ and ‘Savoy Club’ trademarks.

The case, which has been ongoing since 2009, was a bid by TI to prevent other parties from marketing alcoholic beverages under these trademarks. However, the court ruled against TI’s motion, allowing Allied Blenders & Distillers Pvt. Ltd. (ABD) to introduce products under the ‘Mansion House’ brand in West Bengal.

Share price of TI has dropped a whopping 16$ as of 11:52 AM on February 10, 2025. 

Interim Stay Offers Brief Relief

While the ruling favours ABD, the court has granted a 4-week stay on the decision. During this period, ABD is prohibited from launching products under the disputed brand name. This window provides TI an opportunity to file an appeal before the Division Bench of the Bombay High Court.

Impact on Tilaknagar Industries Share Price 

Despite the setback, Tilaknagar Industries has assured stakeholders that it continues uninterrupted operations in selling and marketing the ‘Mansion House’ brand. According to the company, its internal assessment suggests no financial impact on its business at present.

However, the market seems to have reacted negatively to the development. As of 11:52 AM, shares of Tilaknagar Industries have fallen by 16% on the NSE.

What Lies Ahead?

Tilaknagar Industries is now focused on preparing its appeal against the ruling, with the aim of safeguarding its brand identity and market position. With the interim stay in place, the next few weeks will be crucial in determining how the case progresses and its potential ramifications on the company’s business strategy.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing