In May 2024 alone, UPI transactions surpassed an astounding 20,00,000 crore! 🤯 That's a staggering 20,000-fold increase compared to November 2016. Could this signal the end of cash in the future? Share your thoughts in the comments and follow Pinnacle Fintech ! #PinnacleFintech #UPI
Pinnacle Fintech
Financial Services
Chandigarh, Chandigarh 127 followers
Transforming Dreams into Reality
About us
At Pinnacle Fintech, we help you make smart long-term investments. We incorporate your existing investments and your risk profile to construct an ideal investment plan for you that will help you achieve your goals. We offer comprehensive wealth management solutions, We leverage extensive market knowledge and strategic insights to optimise investments, mitigate risks, and achieve long-term financial goals. Dedicated to fostering strong client relationships, We provide personalized financial planning, retirement strategies, and investment advice. Committed to staying abreast of market trends and regulatory changes, We empower clients to make informed decisions, ensuring financial security and peace of mind in an ever-evolving economic landscape.
- Website
-
www.pinnaclefintech.in
External link for Pinnacle Fintech
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Chandigarh, Chandigarh
- Type
- Self-Owned
- Founded
- 2018
- Specialties
- Financial Planner, Retirement Planing, financial literacy, Interpersonal Skills, Analytical and Problem-Solving Skills, Regulatory Knowledge, Technological Proficiency, Building Trust, Relationship Management, Compliance Management, Mutual Fund, NPS, and Insurance
Locations
-
Primary
SCF 43
Zirakpur
Chandigarh, Chandigarh 160404, IN
Updates
-
popular small-cap funds so far this year 👇 Here are two noteworthy points: 1) Quant’s small-cap fund has attracted nearly triple the investment compared to the next leading fund. 2) The small-cap funds of SBI and HDFC have had the same fund managers for more than a decade, indicating that stability is valued in this sector. #PinnacleFintech #Mutualfunds #Smallcap #Quant #SBI #HDFC #Bandhan #Nippon
-
SIP Trends: What’s Happening? In May, we observed notable changes in the SIP (Systematic Investment Plan) environment. An astonishing one lakh SIP accounts were discontinued, marking a 7.4% increase from the previous month! However, there's an interesting twist: SIP inflows reached a record high of ₹14,749 crore. 🤔 How can these seemingly opposing trends coexist? Breaking It Down: New SIP Registrations: May saw a surge with 24.7 lakh new SIP registrations, indicating that investor confidence remains strong and that mutual funds are gaining popularity. SEBI’s New Norms: A key factor contributing to the rise in closures is SEBI's new regulation, which terminates SIPs if an investor misses three consecutive installments. Market Sentiments: With the general elections approaching, many new investors might be adopting a wait-and-see approach, adding to the fluctuations. Our Take: SIPs are an excellent method for building wealth. By investing regularly, you avoid the stress of market timing and benefit from rupee cost averaging. Despite the recent account closures, the high number of new registrations and record inflows suggest that investors continue to recognize the value of SIPs. Stay informed and keep investing wisely! #PinnacleFintech #Investment #Financialplaning #Wealthplaning #Smartinvesting
-
Is your bank secure against the risk of a bank run?🤔 Discover our latest series on bank ratios to assess your bank's safety, and don't forget to follow Pinnacle Fintech for more updates👇 #PinnacleFintech #Banking
-
Now is the perfect time to invest in your future⌛. Whether you're saving for a major purchase🚗🏠, planning for further education🎓, or looking to grow your wealth💸, ELSS funds offer an excellent opportunity to achieve your financial goals. Take action today and enjoy the rewards! #PinnacleFintech #mutualfunds #elss #wealthcreation #taxsaving
-
On June 4, 2024, India's mutual fund investors were let down by the financial system. How did this happen? 1. Typically, if you place a mutual fund order and transfer funds before the cut-off time (2:30 pm via a broker), you will receive the same day's NAV. 2. On the day it mattered most (with the Nifty down 6%), the system failed! Thousands of investors received the next day's NAV, missing out after the market rallied 3%! 3. Brokers, BSE, and Razorpay are all avoiding responsibility, with many blaming each other. 4. Even ETF prices deviated significantly from their NAVs. Who can investors turn to for complaints? Who will provide compensation to mutual fund investors? Association of Mutual Funds in India (AMFI) #PinnacleFintech #SEBI #AMFI #stockmarket #GE2024
-
Is your bank financially prepared to reimburse you in the event of a major scam? Explore our latest series on Bank Ratios to learn about the safety of your bank, and be sure to follow Pinnacle Fintech for more updates! #PinnacleFintech #Banks #banking #PCR
-
Indian banks have lost over Rs 4.5 lakh crore to scams in the past decade, including major ones like the Nirav Modi-PNB scam, ABG Shipyard scam, and Vijay Mallya-IDBI scam. How safe is your money in the bank? Check out: #PinnacleFintech #Banking #Banks #NPA
-
Microsoft, Apple, and Nvidia's market cap is bigger than all Nifty 50 companies combined ? #PinnacleFintech #Microsoft #Apple #Nvidia #Nifty50 #Amazon #Alphabet #Meta #Tesla #Marketcap
-
India's trade imbalance is staggering, with its Trade Deficit exceeding its Trade Surplus by a factor of five. Explore this infographic illustrating India's trade dynamics with its top 25 trading partners. Considering our significant dependence on imports, do you believe this could pose a threat to the economy's sustainability over time? Share your thoughts in the comments section! And don’t forget to follow Pinnacle Fintech for more insightful content! #PinnacleFintech #economy