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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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“Demonetisation” has been one of the biggest decisions to have taken place since the reforms process began in 1991. The humongous process of transition from old currency notes to new ones is underway currently, and its effects, good or otherwise, will be known only as more time goes by. Even while this is a beginning in the right direction, it needs follow-up action too. Hence, for now, all eyes are focussed on minimizing the impact on the common man in the entire process.

During October, the outperformance of mid-caps over large-cap stocks continued with the Nifty Midcap delivering 3.3% returns while the CNX Nifty was almost flat, up a meagre 0.2%.

FIIs turned net sellers during the month after 7 consecutive months of buying. Their net outflows were to the tune of US$ 632 million in the month, while Domestic investors remained Net buyers with inflows of US$ 1.2 billion.

The Index of Industrial Production (IIP) figure came in positive in September at 0.7%, a slight but noticeable improvement over (-) 0.7% in August. The Wholesale Price Index (WPI) for October remained at 3.39% compared to 3.57% in September.

On the policy front, the Monetary Policy Committee (MPC) unanimously cut the repo rate by 25bps in its first policy meet. This was in line with market expectations. The GST council met over the month and appraised the proposal of a four-tier rate structure, with cess applied on the highest tariff for ultra-luxury items.

Internal, as well as external factors, are likely to affect the Equity markets and huge rounds of volatility cannot be ruled out. One should invest lump-sums during any major fall in the market, even while continuing & adding to existing SIPs.

Debt funds continue to be attractive in terms of their yield and tax efficiency in the current scenario, and offer a much superior alternative to traditional fixed deposits and bonds due to tax benefits, liquidity and a diversified portfolio.

At Eastern Financiers, we offer un-biased and need-based solutions to suit your investment profile.

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