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How To Check IPO Allotment Status? for Mrs Bectors Food IPO

by | Dec 21, 2020 | Stock

How to check ipo allotment status? or Have you recently ordered Mrs Bectors Food IPO?

Hope you must have waited for IPO allotment status, you can check in 2 ways. Come Let’s see what are the ways?

  1. BSE Website – https://www.bseindia.com/investors/appli_check.aspx
  2. Link Intime India – https://linkintime.co.in/ipo/public-issues.html

What do you need to have in handy before checking the status?

  1. Name: Mrs Bectors Food Specialities
  2. Application Number (You can check your broker or provider site)
  3. PAN Card
  4. DP/Client ID (optional)
  5. Account No & IFSC (optional)

How to check ipo allotment status?

BSE Website

Goto this link https://www.bseindia.com/investors/appli_check.aspx

  1. Choose Issue Type as Equity
  2. Choose Issue Name as Mrs Bector food
  3. Application No (IPO Application number)
  4. PAN No.

Link Intime India

Goto this link https://linkintime.co.in/ipo/public-issues.html

  1. Pick “Mrs Bectors” as the company
  2. Select PAN/App. No. (or)  DP/Client ID (or)  Account No & IFSC
  3. Based on the choices, fill the form accordingly.
LINKINTIME IP STATUS PAGE
Link Intime India IPO Status checking form

As of dated 21-22 Dec 2020 : The IPO Allocation is done and you can check the status now.

What is SIP?

by | Dec 6, 2020 | SIP, Stock

What is a SIP Calculator?

A SIP (Systematic Investment Plan) calculator is a simple tool that allows individuals to get an idea of the returns on their mutual fund investments made through SIP. SIP investments in mutual funds have become one of the most popular investment options for millennial lately.

These mutual fund sip calculators are designed to give potential investors an estimate on their mutual fund investments. However, the actual returns offered by a mutual fund scheme varies depending on various factors. The SIP calculator does not provide clarification for the exit load and expense ratio (if any).

This calculator will calculate the wealth gain and expected returns for your monthly SIP investment. Indeed, you get a rough estimate on the maturity amount for any of your monthly SIP, based on a projected annual return rate.

How can a SIP return calculator help you?

SIPs are a more lucrative mode of investing funds compared to a lump sum amount according to several mutual fund experts. It helps you become financially disciplined and create a habit of savings that can benefit you in the future.

A SIP calculator online is a beneficial tool, which shows the estimated returns you will earn after the investment tenure.

Few of the benefits of SIP calculators include –

  1. Assists you to determine the amount you want to invest in.
  2. Tells you the total amount you have invested.
  3. Gives an estimated value of the returns.

How do SIP calculators work?

A SIP plan calculator works on the following formula –

M = P × ({[1 + i]n – 1} / i) × (1 + i).

In the above formula –

  • M is the amount you receive upon maturity.
  • P is the amount you invest at regular intervals.
  • n is the number of payments you have made.
  • i is the periodic rate of interest.

Take for example you want to invest Rs. 5,000 per month for 60 months at a periodic rate of interest of 13%.

then the monthly rate of return will be 13%/12 = 0.0108

Hence,  

which gives Rs 1,24,017 Rs approximately in 5 years.

The rate of interest on a SIP will differ as per market conditions. It may increase or decrease, which will change the estimated returns.

Want to start invest in SIP Check out for special offer here – https://bit.ly/zerodha-sip-offer

Please read the offer documents carefully before investing. Subject to market risk.

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