9415366052 0532-2500303 Phone
akmfinservices@gmail.com Email

About Us

Welcome to AKM Financial Services, a distributor of a range of financial products and services which prides itself of being one of the most successful and credible players in the financial services industry.

Established in 2014, AKM Financial Services seeks to reach out to the common man and extend the opportunity to create wealth through a proven set of financial products and consultancy. Our end-to-end approach not only offers comprehensive and compelling set of wealth management solutions, but more importantly, aims to transform lives of many small and big investors.

It is this vision of 'Creating Wealth and Transforming Lives' that has helped AKM Financial Services to grow steadily and gain valuable trust of our customers. As we move forward in our journey, our investors’ success and fulfilling their financial objectives will be our sole guiding force, aided by a strong domain knowledge, years of experience in dealing with financial products and a passion ‘to make a difference’.

So, come and explore how AKM Financial Services can help you to meet your financial goals and succeed as investors. We will guide you to seize the right opportunities and advise you to make the right financial decisions. As they say, ‘there’s always money to be made, you just have to know how’. Let us show you the way.

 

 

The following is broadly the product basket available to AKM Financial Services-

Mutual Funds 

AKM Financial Services has tie-ups with all Asset Management Companies (AMCs) and all mutual funds schemes are part of the product basket.

Life Insurance & health insurance

AKM Financial Services has tie-up with ICICI Prudential Life Insurance & Bharti AXA Life Insurance (For Life Insurance) & Star Health Insurance Co Ltd. (For Health Insurance)

Capital Market – Direct Equity

AKM Financial Services has tie-up with  Stock Holding Corporation of India  for capital market products of direct equity stocks, Demat / Trading Account, IPO, Sovereign Gold Bonds, Gold Rush  and Gold/Silver Coins. One can undertake transaction online or through Call.

Fixed Income  

AKM Financial Services has also entered into tie-ups with leading companies / institutions for distribution of fixed income products, namely Non-Convertible Debentures, Infrastructure / RBI Bonds, Company Deposits, etc.

e-Stamping Service

AKM Financial Services has also entered into e-Stamping with Stock Holding Corporation of India  (web-based solution) for payment and collection of non-judicial stamp duty (for House & Land registration) in Uttar Pradesh.

Pan Card Service

AKM Financial Services also provide Pan Card service with NSDL.

 

 

 

 

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Features

Family Account

Access your family member's Portfolio
with one single login

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Transact Online

Invest Online in Lumpsum or SIP
in mutual fund schemes.

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Save Tax

Check out Tax Savings
and Invest into ELSS Funds

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Reports

View your current market value,
your profits & losses.

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Calculators

Calculate the amount of wealth
required for your goal

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Factsheet

Explore Mutual Fund schemes
and their performance

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Focused Funds

Check out our recommended funds
and invest into them

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Market Views

Get monthly market outlook
from the experts

E-Locker

Upload and save
your important documents.

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Mobile App

Manage your wealth & track your family’s portfolio with one single login. You can easily and quickly invest in Mutual Funds from the app. Explore funds, view their performance and invest. Start an SIP or invest Lumpsum. Check out our recommendation of funds under Focused Funds. Whether you made profits or loss, check out from the reports. Simply Login and setup a 4 digit PIN for subsequent login so that you don’t need to enter your Username & Password every time. Download Now!

Mutual Funds

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Market Views

Please click here for Monthly Equity & Debt Outlook Presentation – September 2020.

  

Key Events:

·         1Q FY21 Real GDP growth contracted by 23.9% YoY, weaker than the street estimates. Led by a strict lockdown and labor migration, construction was the worst hit, followed by trade, hotels, transport and communication. 

 

·         MPC took a pause in the rate easing cycle while refraining from giving any specific forecasts on growth & inflation given heightened uncertainty.

 

·         July’s CPI print of 6.9% (v/s 6.2% in June) drastically reduced chances of a rate cut for the rest of this fiscal year. RBI’s recent policy statement had predicted inflation to stay elevated till Sep and see moderation in 2HFY21.

 

·         India’s trade balance turned to a deficit of ~$4.8bn in July are a rare surplus of ~$0.8bn in June, as gold and other imports started to pick-up. Exports in July were down ~10% in July at $23.6bn while imports at $28.4bn.

 

·         India’s fiscal deficit stood at Rs8.2trn at the end of July, at ~103% of the budgeted target for the current fiscal year. Sharp fall in tax receipts coupled with resilient government expenditure led to the high deficit in the period.

 

·         After an erratic July, August witnessed excess rainfall of 26%, highest print since 1901. Rainfall is already at a record in states of Maharashtra, Madhya Pradesh, Gujarat, and Odisha.

 

·         Indian Equities moved slightly higher (Nifty +2.8%) in August.

Please click here for Monthly Equity & Debt Outlook Presentation – August 2020

 

Key Events: 

·         Nifty (+7.5%) made new highs (breaching 200DMA & 11k for the first time since March fall) in July but more than half of its gains were contributed by just two stocks.

·         After a sharp recovery (>+50%) from April lows, activity levels peaked in early-July and were still >15% below pre-Covid levels.

·         The MPC, unanimously, kept the repo rate unchanged at 4% but retained the ‘accommodative’ stance.

·         Headline CPI moderated to 6.1% for June after peaking at 7.2% in April. Core Inflation at 5.1% was still elevated in June suggesting that despite the subdued demand, the supply disruption led CPI to spike

·         After almost 18 years, India reported a trade surplus of $0.8bn in June driven by broad-based export rebound and still weak import demand. Oil imports were suppressed by low oil, but non-oil trade improved sharply

·         Centre’s fiscal deficit during 1Q of this fiscal stood at ~83% of Budget Estimate. Reports suggested that actual fiscal deficit for FY21 could be as high as 7.6%, almost 2x budget

Please click here for Monthly Equity & Debt Outlook Presentation – July 2020

·       Nifty (up +7.5%) finally decoupled from the US markets (S&P up only +1.8%) and outperformed during June.

 

·       Despite the headwinds, Indian markets continued to rise due to high foreign inflows (+$2.5bn, highest monthly inflows in 2020) and marginal domestic institutional buying (+$0.3bn). In sectorial trends, all sectors were up v/s May with Realty and Banks at the top.

 

·       After the border clash with China led to 20 Indian casualties, the Indian forces deployed along the 3500-km border were given “full freedom” to counter any aggressive Chinese behavior . Later both countries, however, agreed on a “step-wise mutual disengagement” from areas of friction in Ladakh averting further escalation. 

 

·       IMF projected a deeper 4.5% contraction (vs -1.9% in April) for India in FY21 citing a longer lockdown period and slower than anticipated recovery. FY22 growth forecasted at +6% vs +7.4% earlier.

 

·       Moody’s downgraded India’s rating to Baa3, last level of investment grade rating, while keeping outlook as negative. whereas Fitch reaffirmed BBB- rating but changed the outlook to negative. S&P retained BBB- rating with a stable outlook. 

 

·       The gross GST revenue collected in the month of June, 2020 is Rs 90,917 crore.

 

·       The India Manufacturing Purchasing Managers Index (PMI) edged up to 47.2 in June, compared with 30.8 in May.

 

·       May merchandise trade deficit narrowed to a decade low $3.2bn on weak crude and faster recovery in exports vs imports.

 

·       RBI’s FX reserves hit a record $500bn on portfolio inflows and lower trade deficit.

An overview of last week's market. #KMFMarketRoundUp (1st October 2020 - 9th October 2020)
13/10/2020 10:20:15
Equity Market Outlook: Equity Market Outlook - October 2020 by Mr Harish Krishnan.
03/10/2020 14:36:09
Debt Market Outlook : Debt Market Outlook - October 2020 by Ms. Lakshmi Iyer
03/10/2020 14:35:49
 

Contact Us

Phone

9415366052 0532-2500303
Email akmfinservices@gmail.com
Address: 1 st Floor, Pandey Market,
190 BHS, Allahpur, Allahabad,
Uttar Pradesh - 211006