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About Us


Eastern Financiers Limited was incorporated in the year 1967 and started its operations as the First Investment Consultants in Eastern India. Today, after 49 years of existence, Eastern Financiers (EF) have grown to become one of the largest and most trusted Financial Consultants in the country having an annual mobilization exceeding Rs.1800 Crores. Currently we have the pleasure of serving more than 3.25 lakh investors through our 4500 sub-agents from our 19 self-owned offices across India. Our present financial personnel strength constitutes of approximately 125 experienced professionals and sound financial managers ready to serve all of your financial needs.

 
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THE EASTERN FINANCIAL DIGEST


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The Indian Equity markets ended lower in November, even while witnessing huge bouts of volatility. The BSE Sensex closed at 26653 points, down 4.6%, while the CNX Nifty ended lower by 4.7% at 8224 points.

The month witnessed 2 major events - the Demonetization of ` 500 & ` 1000 notes and Donald Trump being elected as the next President of USA. The election of Donald Trump was least expected as per the International Media and evoked mixed reactions among global markets. Emerging markets were the worst performers; the US markets performed well post-elections.

FIIs continued to be net sellers during the month to the tune of USD 2.7 billion. The Index of Industrial Production (IIP) figure was once again in negative territory in October at (-) 1.9% compared to 0.7% positive in September. The Wholesale Price Index (WPI) for November was slightly lower at 3.15% vs.3.39% in October.

While, in the near term, investor sentiments might be weighed down due to the impact of demonetization and global events, the outlook for equity markets appear positive over the medium to long term with a high likelihood of lower interest rates in India, improvement in corporate earnings, softening of commodity prices etc. Hence, investing in the equity market through the SIP route remains ideal even while adding lumpsums during any major fall in the market.

Debt funds continue to remain a superior option over Fixed Deposits, in terms of portfolio yield, tax efficiency, liquidity and a diversified portfolio.

Under our “Fund Highlights” section, we are giving details of few income (debt) funds for your reference. The “Special Feature” is an interesting article “Can you Afford the Cost of no Financial Advice” by Franklin India Mutual Fund.

At Eastern Financiers, we offer un-biased and need-based solutions to suit your investment profile. Please do write in to us with your valuable views, suggestions and complaints so as to further improve our services.

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