The broad and extensive financial services sector in India is expanding quickly as a result of supply and demand factors (such as rising disposable incomes and individualised financial solutions). Several significant subsegments make up the Indian financial services business. They range from tiny local businesses to major global corporations and include mutual funds, pension funds, insurance companies, stock brokers, wealth managers, financial advice companies, and commercial banks. A wide range of clients, including commercial companies and government agencies, are served by the services.
Jacinth Paul offers financial services that helps people and businesses with individualised financial solutions.
Jacinth Paul’s financial services can be segmented into six categories.
- Professional Advisory
- Wealth Management
- Mutual Funds
- Insurance
- Stock Market
- Tax/Audit Consulting
Professional Advisory
Among the many services we provide to both individuals and companies are investment due diligence, M&A counselling, valuation, real estate consulting, risk consulting, and tax consulting. Several service providers, from small domestic consulting firms to huge multinational corporations, provide these services.
Wealth Management
Based on the clients’ financial objectives, risk profile, and time horizons, this segment of the financial services industry manages and invests the wealth of its clients across a variety of financial instruments, including debt, equity, mutual funds, insurance, derivatives, structured products, commodities, and real estate.
Mutual Funds
We provide expert investment management services for funds made up of several asset types, notably debt- and equity-linked assets. Comparing mutual fund solutions to stock market and debt products, the buy-in is typically smaller. Because to their typically lower risks, tax advantages, predictable returns, and qualities of diversification, these products are particularly well-liked in India. Because to its popularity as a low-risk wealth multiplier, the mutual funds market has seen double-digit growth in assets under management over the last five years.
Insurance
The majority of the financial services in this market category fall into two categories:
General Insurance (automotive, home, medical, fire, travel, etc.)
Life Insurance (term-life, money-back, unit-linked, pension plans, etc.)
Solutions for insurance give people and businesses protection from accidents and unanticipated events. Payouts for these products depend on a number of important qualitative and quantitative factors, including the product’s type, time horizons, customer risk assessment, premiums, and others. There are several insurance companies offering both life insurance (24) and general insurance (39) in India. The Insurance Regulation and Development Authority of India oversees the insurance industry (IRDAI).
Stock Market
The stock market segment offers a variety of equity-linked investment solutions for users of the National Stock Exchange and Bombay Stock Exchange in India. Customers’ returns are based on capital appreciation, which is growth in the equity solution’s value and/or dividends, as well as payments made by businesses to their investors.
Tax/Audit Consulting
This market encompasses a broad range of financial services in the areas of tax and auditing. Based on the clientele they serve, businesses and individuals, this services domain can be divided. They consist of:
Tax Individual (determining tax liability, filing tax-returns, tax-savings advisory, etc.)
Tax Business (determining tax liability, transfer pricing analysis and structuring, GST registrations, tax compliance advisory, etc.)
Services in the auditing sector include statutory audits, internal audits, service tax audits, tax audits, process/transaction audits, risk audits, stock audits, etc. These services are crucial for mitigating risk and ensuring the efficient operation of business organisations both qualitatively and quantitatively. Further information on taxes in India is available.