| | |  | PORTFOLIO ALERT |
| | For the Week: Dec 31, 2016 – Jan. 06, 2017 | | HERE’S HOW THE MARKETS DID LAST WEEK | | | Nifty | Sensex | USD-INR | MCX Gold (10g) | Brent Crude | | Close on Jan 06 | 8,243.80 | 26,759.23 | 68.16 | 27,919 | $57.15 | | Weekly Change | ↑0.70% | ↑0.49% | ↑0.11% | ↑1.17% | ↑0.22% | | | | | WHAT'S HOT - NEW IDEAS FOR YOUR MONEY Time to accumulate Several events are lined up for this year, which can keep our stock market on its toes. They include the spill-over effects of demonetisation, the GST, the budget, further rate cuts, and corporate earnings growth. then there is the global play, ranging from US government and Fed policies to elections in European countries. The volatility that these events can usher in would thus provide opportunities for you to accumulate your investments. Investing in large-cap or diversified funds rather than mid-cap funds makes sense at this juncture, given the valuation-growth differential between the two. You can choose from the moderate risk funds in the Select Funds list, which are all large-cap oriented. | | EXPERTS SPEAK | FundsIndia Views: 2017 – Outlook and strategy | We believe the equity markets could be volatile for a good part of 2017 because of the following near-to-medium-term risks, all of which are a spill-over effect of what went on in 2016. - Impact of demonetisation on money supply and economic growth
- Impact of GST; the pain from which would kick in well into the year as its implementation has been postponed to June from April
- Impact of any higher-than expected rise in crude and commodity prices on commodity users
- Impact of US Fed rate hikes, if they come in quick succession.
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| | | | | | STOCK RECOMMENDATIONS FOR THE UPCOMING WEEK | | | |  | | YOUR PORTFOLIO(S) AT FUNDSINDIA |
| | |  | | Want to build wealth? Talk to our expert advisors now! | | | | | HIGHLIGHTS OF THE WEEK |
| 3 Don'ts when investing in ELSS – Morningstar Equity Linked Savings Schemes, or ELSS, are diversified equity funds that provide a tax benefit under Section 80C of the Income Tax Act. While it is a smart way to get equity exposure combined with tax savings, you need to pick your fund wisely. Here's what you need to be aware of. Read more | | |  | | |
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