Complaints Galore In Medical Insurance NO.1 PERSONAL FINANCESUBSCRIBER MAGAZINE COPY NOT FOR RESALE SEPTEMBER 2020, ` 50 OUTLOOKMONEY.COM IS STILL Despite volatility, the yellow metal remains an attractive investment option Gold ETFs Rise Copper Is Next Gold Why REITs Is An Attractive Asset Challenges Retail Investors Face 8 904150 800027 0 9 Contents SEPTEMBER 2020 VOLUME 19 ISSUE 9 pg 10 26 MF Vs Gold: Ahead of Festivals What Is Best For You? Is Gold Still A Good A comparison between returns from gold and Investment? debt mutual funds How gold prices will behave in the near future 40 Grievance And Complaint and offer opportunities for retail investors Health insurance policyholders face challenges concerning claims 44 Are Insurance Stocks A Good Buy? As pandemic sets in, market witnesses a sharp rebound in these stock prices 50 Restore Stability To Revive Economy Former Deputy Governor of Reserve Bank of India Viral Acharya, in his latest book, figures out some key issues in India’s financial sector and suggests measures too 52 REITs As An Attractive Asset Derivative instrument can help investors gain from capital appreciation 56 Stock Picks Despite challenges, L&T and HDFC AMC continue to show resilient performance 65 Data Primer Investors seek stability in savings through the Regulars yellow metal 4 Talk Back 8 Queries 60 My Plan 66 Loss Aversion Behavior Can Be A Columns Big Hurdle Ajay Bagga, Divakar Vijayasarathy, Krishnan Sitaraman, Ganesh Preplan your steps when your investments show Ram, Avinash Gorakshakar, Joydeep Sen and Shweta Purswani lower returns Cover Design: DEEPAK SHARMA & PRAVEEN KUMAR .G HEAD OFFICE AB-10, S.J. Enclave, New Delhi 110 029; Tel: (011) 71280400, Fax: (011) 26191420 OTHER OFFICE Mumbai: (022) 50990990 Printed and published by Vinayak Aggarwal on behalf of Outlook Publishing (India) Pvt. Ltd. Editor: Saibal Dasgupta. Printed at Kalajyothi Process Pvt. Ltd. Sy.No.185, Sai Pruthvi Enclave, Kondapur – 500 084, R.R.Dist. Telangana and published from AB-10 Safdarjung Enclave, New Delhi 110029 For Subscription queries, please call: 011-71280462, 71280400 or email: [email protected] Published for the month of September 2020; Release on 1 September 2020. Total no. of pages 68 Outlook Money does not accept responsibility for any investment decision taken by readers on the basis of information provided herein. The objective is to keep readers better informed and help them decide for themselves. www.outlookmoney.com September 2020 Outlook Money 3 Talk Back Sanity Of Safety Or EDITOR-IN-CHIEF Rush Of Risk Ruben Banerjee EDITOR The present fear will Saibal Dasgupta not be allayed in EQUITIES AND MARKETS EDITOR the next couple of Yagnesh Kansara months. The subject SENIOR ASSISTANT EDITOR was an interesting Anagh Pal insight into the SPECIAL CORRESPONDENTS Himali Patel market, especially the Vishav choice between risk PRINCIPAL CORRESPONDENT and safety, and how it Nirmala Konjengbam stems out is quite tricky. It was a well-presented and helpful article. SENIOR CORRESPONDENT Soham Ghosh, Kolkata Dipen Pradhan NEWS DESK Dynamically Manage Your Asset Allocations COPY EDITOR Sudeshna Banerjee For Smarter Return TRAINEE SUB EDITOR Indrishka Bose It was an informative WEB CORRESPONDENT interview with S Naren and Rajat Mishra got to learn about identifying DIGITAL TEAM my risk appetite. I also liked Amit Mishra how he discussed the optimal Sneha Santra approach to navigate the ART CHIEF ART DIRECTOR uncertain times, when the Deepak Sharma pandemic is still fragile, SENIOR DESIGNERS through dynamically managed Praveen Kumar. G Vinay Dominic asset allocation schemes. The Leela questions were commendable and overall it helped me clear several DESIGNER clouds regarding investment strategy. Rohit Rai Ananya Malhotra, Mumbai Girish Chand (DTP Operator) TECH TEAM Raman Awasthi Being Risk- Suraj Wadhwa Business Office Free With Low CHIEF EXECUTIVE OFFICER Returns Indranil Roy VICE PRESIDENT The article on Tushar Kanti Gosh small savings was Circulation & Subscriptions quite good. The Gagan Kohli, Kapil Dhal (North) G Ramesh (South) distinctions between Arun Kumar Jha (East) FDs and PPFs were Production explained in a lucid GENERAL MANAGER form, allowing people Shashank Dixit to comprehend and MANAGER Sudha Sharma understand the pros and cons. Since small savings schemes have been ASSOCIATE MANAGER a popular investment option among the people, the article surely Gaurav Shrivas added a bit more to knowledge. DEPUTY MANAGER Sachin Srivastav, Mumbai Ganesh Sah Accounts VICE PRESIDENT Diwan Singh Bisht Letters must be addressed to: The Editor, Outlook Money, AB-10, Safdarjung Enclave, COMPANY SECRETARY & LAW OFFICER New Delhi 110029, or [email protected]. Please mention your full name and residential address. Ankit Mangal 4 Outlook Money September 2020 www.outlookmoney.com Talk Back Sanity Of Safety Or EDITOR-IN-CHIEF Rush Of Risk Ruben Banerjee EDITOR The present fear will Saibal Dasgupta not be allayed in EQUITIES AND MARKETS EDITOR the next couple of Yagnesh Kansara months. The subject SENIOR ASSISTANT EDITOR was an interesting Anagh Pal insight into the SPECIAL CORRESPONDENTS Himali Patel market, especially the Vishav choice between risk PRINCIPAL CORRESPONDENT and safety, and how it Nirmala Konjengbam stems out is quite tricky. It was a well-presented and helpful article. SENIOR CORRESPONDENT Soham Ghosh, Kolkata Dipen Pradhan NEWS DESK Dynamically Manage Your Asset Allocations COPY EDITOR Sudeshna Banerjee For Smarter Return TRAINEE SUB EDITOR Indrishka Bose It was an informative WEB CORRESPONDENT interview with S Naren and Rajat Mishra got to learn about identifying DIGITAL TEAM my risk appetite. I also liked Amit Mishra how he discussed the optimal Sneha Santra approach to navigate the ART CHIEF ART DIRECTOR uncertain times, when the Deepak Sharma pandemic is still fragile, SENIOR DESIGNERS through dynamically managed Praveen Kumar. G Vinay Dominic asset allocation schemes. The Leela questions were commendable and overall it helped me clear several DESIGNER clouds regarding investment strategy. Rohit Rai Ananya Malhotra, Mumbai Girish Chand (DTP Operator) TECH TEAM Raman Awasthi Being Risk- Suraj Wadhwa Business Office Free With Low CHIEF EXECUTIVE OFFICER Returns Indranil Roy VICE PRESIDENT The article on Tushar Kanti Gosh small savings was Circulation & Subscriptions quite good. The Gagan Kohli, Kapil Dhal (North) G Ramesh (South) distinctions between Arun Kumar Jha (East) FDs and PPFs were Production explained in a lucid GENERAL MANAGER form, allowing people Shashank Dixit to comprehend and MANAGER Sudha Sharma understand the pros and cons. Since small savings schemes have been ASSOCIATE MANAGER a popular investment option among the people, the article surely Gaurav Shrivas added a bit more to knowledge. DEPUTY MANAGER Sachin Srivastav, Mumbai Ganesh Sah Accounts VICE PRESIDENT Diwan Singh Bisht Letters must be addressed to: The Editor, Outlook Money, AB-10, Safdarjung Enclave, COMPANY SECRETARY & LAW OFFICER New Delhi 110029, or [email protected]. Please mention your full name and residential address. Ankit Mangal 4 Outlook Money September 2020 www.outlookmoney.com Talk Back What’s On Offer For COVID-19 Patients? I have already learnt about the two policies that reimburse the costs or expenses incurred during the COVID-19 treatment. However, the article assisted me by explaining the policies in detail. Since the threat is far from being over, I was planning to take a dip into this subject and at the same time, I wanted to be sure about my choices. The story helped me clarify my queries. Deep Chakraborty, Delhi The article was praiseworthy, as it him understand the importance of Widen Your Filter helped me understand the strategy in financial discipline in life. I would like For Job Search a stepwise manner. to thank him for sharing this story, The article felt like a gush of relief. Suyash Pandey, Noida and especially the plethora of lessons It gave a reality check as well as left from his investment journey. hope in the struggling minds. It was Insights For A Alisha Chowdhury, Chennai great to learn from the experts that Pandemic Economy companies are still looking to hire I thoroughly enjoyed reading the Watch Emotions fresh talents and there is no blanket prescription for the financially savvy, While Investing freeze in the industry. Many of us are “on the road to financial freedom”. I have been following Outlook still in the phase where the pendulum Sonali Das, Kolkata Money for a couple of years, and is tilted towards negativity, but it was I found this article on SIP very a relief to know that the situation Buying Diamonds fruitful. I like the way it is explained, has improved as compared to the In Post COVID Era keeping in mind the current crisis. scenario two months back. The gold and silver rally is the talk of Also, it was great revisiting the Shipra Sinha, Kolkata the town. However, the article had important theories and it was a new perspective on the diamond absolutely commendable how the Beware Of Heavy industry and captured the consumer author tried to apply those theories Discounts On Houses preference perfectly. in the market situation. I would also I would like to thank Outlook Prachi Chaturvedi, Mumbai like to mention how he discusses the Money for presenting this column ‘five stages model’ to understand the which speaks a lot about the current Mitigating Risks With way humans deal with grief causing situation of the builders. Since many Strong Foundation change. People are finding it difficult are moving back to their home towns I can relate to Brigadier Ramnarayan to cope with this sudden outbreak because of the ongoing pandemic, and how his previous financial of humanitarian turned economic there is an increase in the percentage trajectory was. I got to learn a lot crisis, which will probably have a of buyers. The anxious buyers often from his story and the decisions long lasting effect. fail to notice the intricate details, he had taken to shape his finances.