Inversiones en Bonos y Acciones

7/25/2019 Inversiones en Bonos y Acciones

1/27

[IEDBD EE. EIXTV[JKITAX DK DK[DBK EIXTV[JKITAX DK ^BTVEJAIEA

DVB.IEWEB ^KTET DVB/DVB.PAVBUB DEBP XK^TEKJFVK 6>28

HAITBFELEDBD EEE


2/27

[i eistrujkita dk dkudb ks hublquekr tepa dk aflecbhei geibihekrb

dahujkitbdb quk dkshrefk uib dkudb quk sk bsujk par pbrtk dkl

kjesar dkl dahujkita. Ki kskiheb, kl eistrujkita dk dkudb

hajprajktk bl kjesar dk rkjfalsbr lb dkudb dk bhukrda b la pbhtbda

kitrk kl hajprbdar y kl vkidkdar. Blcuias k`kjplas dk eistrujkitas dk

dkudb eihluyki las Faias dkl Kstbda, Bhheaiks, Lktrbs dkl Tksara y

Hkrtegehbdas dk Dkpseta.

DKGEIEHEAI

EIXTV[JKITA DK DK[DB


3/27

^VEIHE^BLKX BX[ITAX DK LB IEH 86

2. Kl af`kteva dk kstb Iarjb ks kstbflkhkr preihepeas pbrb prkskitbr las

eistrujkitas geibihekras haja pbsevas a pbtrejaiea ikta y pbrb hajpkisbr

bhtevas y pbsevas geibihekras.

6. Bplehb b lb hlbsegehbhei dk las eistrujkitas geibihekras, dksdk lb pkrspkhtevb

dkl kjesar, ki bhtevas geibihekras, pbsevas geibihekras k eistrujkitas dkpbtrejaiea=

8. Bplehb ki lb hlbsegehbhei dk las eitkrksks, devedkidas y prdedbs y cbibihebs

rklbheaibdbs hai kllas, y ki lbs herhuistbihebs quk aflecbi b lb

hajpkisbhei dk bhtevas geibihekras y pbsevas geibihekras.

4. Las preihepeas dk kstb Iarjb hajplkjkitbi las rklbtevas bl rkhaiahejekita

y kdehei dk las bhtevas y pbsevas geibihekras, dk lb IEH 85



4/27

[i eistrujkita dkrevbda, ks ui eistrujkita geibihekra quk hujplb lbs

trks hbrbhtkrstehbs secuekitks0

2. Xu vblar hbjfeb ki rkspukstb b las hbjfeas ki ui dktkrjeibda tepa

dk eitkrs, ki kl prkhea dk ui eistrujkita geibihekra, ki kl prkhea dk

jbtkrebs prejbs hatezbdbs, ki kl tepa dk hbjfea, ki kl idehk dk

prkheas a dk tepas dk eitkrs, ki uib hblegehbhei a idehk dk hbrhtkrhrkdetehea, a ki guihei dk atrb vbrebflk, supaiekida quk, ki hbsa dk

quk sk trbtk dk uib vbrebflk ia geibihekrb, ia skb kspkhgehb pbrb

uib dk lbs pbrtks dkl haitrbta .

6. Ia rkquekrk uib eivkrsei eiehebl iktb, a feki aflecb b rkblezbr uib

eivkrsei eigkrear b lb quk sk rkqukrerb pbrb atras tepas dkhaitrbtas, ki las quk sk padrb kspkrbr uib rkspukstb sejelbr bitk

hbjfeas ki lbs haideheaiks dk jkrhbda= y

8. Xk lequedbr ki uib gkhob guturb.

IEH 85



5/27

Lbs kjprksbs pukdki paskkr dkitra dk sus bhtevas, vblarks hajkrheblks,tblks haja Hdulbs Oepatkhbrebs, Faias, Bhheaiks, kitrk atras, hai kl gei

dk aftkikr ui rkidejekita safrk sus gaidas, par ui jaita supkrear b las

quk aftkidrbi se su deikra kstuvekrb dkpasetbda ki uib hukitb harrekitk.

DKGEIEHEAI DK EIWKVXEI

Lbs eivkrseaiks skci Vkdaida (2558), ki trjeias ckikrblks,

rkprkskitbi kracbheaiks rkblezbdbs pbrb aftkikr fekiks, hai lb eitkihei

dk pkrhefer eicrksas, skrveheas a quk dk blcuib garjb gbvarkzhbi lb ejbcki

dkl eivkrsar.

Xai eivkrseaiks quk sk rkblezbi ki vblarks, daidk kstb prkskitk lb

prajksb dk rkhefer ksb eivkrsei, ki lb gkhob dk vkihejekita.

EIWKVXEAIKX KI FAIAX


6/27

Jkecs (6>>>) kxprksb quk lbs kjprksbs hai crbidks kxhkdkitks dk lequedkzckikrbljkitk las haiskrvbi ki garjb dk vblarks ikcahebflks y ia ki kgkhteva,

kstas preihepbljkitk haistb ki eivkrseaiks ki faias y ki lbs bhheaiks dk atrbs

kjprksbs, quk sk ikcahebi debrebjkitk ki falsbs dk vblarks.

[ib hbrbhtkrstehb fsehb dk tadas las vblarks ikcahebflks ks quk saigheljkitk ikcahebflksla quk seciegehb quk sk pukdk hajprbr y vkidkr rpedb

y gheljkitk b las prkheas dk jkrhbda hatezbda.

Lbs eivkrseaiks ki vblarks ikcahebflks aftekiki ui rkidejekita pbrb kl

eivkrseaiestb ki garjb dk eitkrksks, devedkidas y se tada guiheaib feki ui

bujkita ki kl vblar dk jkrhbda

DKGEIEHEAI DK EIWKVXEI


7/27

R[ XAI FAIAX [ AFLECBHEAIKX1

Las faias sai ttulas vblarks quk rkprkskitbi uib dkudb haitrbdb par

kl Kstbda a par uib kjprksb b las hublks ki kl jajkita dk lb kjesei sk

lks dkgeiki hbrbhtkrstehbs haja vblar, durbhei a vedb dkl ttula, gkhob

dk kjesei, gkhob dk vkihejekita, hupaiks pbrb kl hafra dk las

eitkrksks y dksteia quk sk dbr bl deikra quk sk hbptk hai kllas.

Las faias u aflecbheaiks pukdki skr kjetedas par kjprksbs prevbdbs a

par kl Cafekria Ibheaibl a sus kitks dkshkitrblezbdas0 Fbiha Hkitrbl dk

Wkikzuklb, jeiestkreas, cafkribheaiks, haihk`as juiehepblks, eistetutas

butiajas y atras, sekida sushkpteflks dk skr ikcahebdas bitks dk lb

gkhob dk vkihejekita.


8/27

HLBXEGEHBHEAI DK LBX EIWKVXEAIKX

Lbs eivkrseaiks skci Vkdaida (2556), sk hlbsegehbiki0

2. Eivkrseaiks Tkjparblks6. Eivkrseaiks krjbikitks

Xe uib Eivkrsei ks Tkjparbl a ^krjbikitk dkpkidk

dk lb eitkihei dkl eivkrseaiestb, hai rklbhei bl

tekjpa quk stk dkskk rktkikr lb eivkrsei, sei

tajbr ki hukitb lb vedb lkcbl dk las vblarks.

Lb hlbsegehbhei y prkskitbhei ki kl kstbda dk

Xetubhei Geibihekrb dk lb eivkrsei, dkpkidkr dkl

tekjpa quk pkrjbikhkri ki lb kjprksb, lb hubitb

dk su vblar y kl tepa dk eivkrsei.


9/27

2. Eivkrseaiks Tkjparblks0 sai bqukllas vblarks quk pkrjbikhkri kilb kjprksb ui harta tekjpa y skri haivkrtedas ki kgkhteva bitks dk

geiblezbr kl hehla dk apkrbheaiks. Bpbrkhkri fb`a kl rufra dk Eivkrseaiks

Tkjparblks ki kl Bhteva Harrekitk.

Blcuias k`kjplas sai0 Eivkrseaiks ki Hkdulbs Oepatkhbrebs, Dahujkitas

Jkrhbitelks tblks haja ^bcbrk, ttulas dk prapekdbd quk pukdki vkidkrsk

gheljkitk, faias, bhheaiks dk atrbs hajpbbs, aflecbheaiks, y ki ckikrbl

ttulas quk paskbi hbrbhtkrstehbs ikcahebflks.

6. Eivkrseaiks ^krjbikitks0 lbs eivkrseaiks sk haisedkrbi pkrjbikitks,hubida sk kgkhtbi hai lb geibledbd dk lequedbr dkudbs b lbrca plbza, a hai

kl prapseta dk haitral a dk fukibs rklbheaiks hai las hlekitks a

pravkkdarks.

Blcuias k`kjplas sai0 Eivkrseaiks ki Faias (L/p), Eivkrsei ki Bhheaiks,kitrk atrbs.

HLBXEGEHBHEAI DK LBX EIWKVXEAIKX


10/27

Kl prkhea dkl jkrhbda dk ui faiapukdk gluhtubr dk ui db b atra, sk pukdktkikr hkrtkzb dk quk hubida lb gkhob dk vkihejekita llkcb, kl prkhea dk

jkrhbda skr ecubl bl vblar dk vkihejekita dkl faia.

Lbs bhheaiks, par atra lbda, ia tekiki vblarks dk vkihejekita. Hubida klprkhea dkl jkrhbda dk uib bhhei fb`b, ia oby garjb hekrtb pbrb bgerjbr se lb

desjeiuhei skr tkjparbl a pkrjbikitk. ^ar kstb rbzi, degkrkitks iarjbs

dk vblubhei sk bplehbi pbrb haitbfelezbr lbs eivkrseaiks ki vblarks dk dkudbs

ikcahebflks (faias) y ki vblarks pbtrejaieblks ikcahebflks (bhheaiks).

EIWKVXEAIKX KI FAIAX

VKCEXTVAX HAITBFLKX


11/27

VKCEXTVAX HAITBFLKXBDR[EXEHEAI DK LAX FAIAX

Las Faias pukdki skr bdqueredaski lb gkhob dk kjesei a pastkrearb lb gkhob dk kjesei.

2. Bl vblar Iajeibl

6. âr kihejb dkl Wblar Iajeibl8. âr dkfbà dkl Wblar Iajeibl


12/27

Hubida sk rkcestrb lb hajprb dk faias b lb pbr, safrk lb pbr y fb`a lb pbr,

sk dkfk tajbr ki hubitb las secuekitks bsekitas0

2. Bdquesehei dk las faias

6. Hrkbhei dkl Gaida dk Bjartezbhei

8. Hafra dk eitkrksks4. Vkdkihei dk lbs eivkrseaiks ki faias

VKCEXTVAX HAITBFLKXBDR[EXEHEAI DK LAX FAIAX


13/27

EIWKVXEAIKX KI BHHEAIKX


14/27


DKGEIEHEAI

Lbs eivkrseaiks ki bhheaiks haistetuyki lb kracbhei dk deikra par pbrtk

dk lb kjprksb eivkrsarb ki bhheaiks, stbs sai hlbsegehbdbs haja bhtevas

b lbrca plbza.


15/27


VKCEXTVAX HAITBFLKX

Las jtadas dk rkcestra rkprkskitbi lb garjb ki quk lbs eivkrseaiks ki

Bhheaiks sai bskitbdbs ki las lefras haitbflks.

JTADA DKL HAXTA A FBXK LKCBL

Kstk jtada sk bplehb hubida lb eivkrsei ki lb sahekdbd rkprkskitbjkias dkl ;>% dk lbs bhheaiks hai dkrkhoa b vata.


16/27

JKTADA DK LB ^BVTEHE^BHEAI ^BTVEJAIEBL

2. Wblar haitbflk ecubl b vblar dk hasta

6. Wblar haitbflk jkiar bl vblar dk hasta

8. Wblar haitbflk jbyar bl vblar dk hasta



17/27


VKIDEJEKITA DK LB EIWKVXEAI KI BHHEAIKX

Hubida sk bdquekrki bhheaiks dk hbpetbl jeiaretbrea, kl gei prejardebl ks kl

dk aftkikr ui eicrksa par kstb eivkrsei, kstk eicrksa sk llbjb devedkidas.

Lb kjprksb ki lb quk sk eiverte ki bhheaiks pbcb devedkidas b las

bhheaiestbs, sekjprk quk sk hujplb la secuekitk0

Ruk kxestbi uteledbdks rktkiedbs a uteledbdks iktbs ki pkreadasbitkrearks.

Ruk kl ;2% dkl hbpetbl ki bsbjflkb dk bhheaiestbs dkhedb rkpbrter

devedkidas.


18/27

K`kjpla0 Xupaicbjas quk kl 82 dk dehekjfrk dk 6>26 lb kjprksb JJJ, X.B.dkhrktb ui devedkida tatbl par lb sujb dk Fs.2>,>>>. Dehoa devedkida sk

dkhedk pbcbr kl 6? dk gkfrkra dk 6>28.

Las bsekitas skrbi0 Vkcestra dk BBB, XB

82-26-6>26

Devedkidas par Hafrbr JJJ, X.B 2>,>>>

Eicrksa par devedkidas 2>,>>>

Vkcestra dkl 2>% dk las

devedkidas dkhrktbdas

dk JJJ, X.B.




19/27

6?->6-6>28

Hb`b a Fbiha 2>,>>>

Devedkidas par Hafrbr-JJJ,XB 2>,>>>

Vkcestra dkl pbca dk deve-dkidas dkl JJJ, X.B.

Lb hukitb dk eicrksas par devedkidas sk hlbsegehb ki kl Kstbda dk Vksultbdas,

dkspus dk lb uteledbd ki apkrbheaiks, dkitra dkl crupa dk atras eicrksas.




20/27

^VKXKITBHEI KI KL KXTBDA DK VKX[LTBDAX

BBB,X.B.

Kstbda dk Vksultbdas

^ar kl pkreada tkrjeibda kl 6?->6-6>26

Wkitbs Iktbs _____

.

.

.

.Js Atras Eicrksas0

Eicrksas par Devedkidas 2>,>>>



21/27

BDR[EXEHEAI DK LBX BHHEAIKX

Ki lb gkhob dk kjesei

2. Bl vblar Iajeibl

6. âr kihejb dkl Wblar Iajeibl

8. âr dkfbà dkl Wblar Iajeibl


22/27


23/27

JKTADA DKL HAXTA A FBXK LKCBL

Kl >2/>7/28 lb kjprksb BFH=HB bdquere ;.>>> bhheaiks bl WI dk fs 2.>>>,>>

hbdb uib, b lb kjprksb PJD,HB b ui hastadk fs 6.>>>,>> hbdb uib.

GKHOB H[KITBX U K_^LEHBHEAI DKFK OBFKV


24/27

JKTADA DK ^BVTEHE^BHEAI ^BTVEJAIEBL


HBXA 2. WBLAV HAITBFLK EC[BL BL WBLAV DK HAXTA

Kl >2/>7/28 lb kjprksb BFH=HB bdquere ;.>>> bhheaiks b lb kjprksb

PJD,HB lbs hublks tekiki ui Wblar haitbflk dk fs 2.>>>,>> hbdb uib, ygukrai bdqueredbs par b ui hastadk fs 2.>>>,>> hbdb uib.


25/27



Eivkrsei ki bhheaiks 4.;>>.>>>,>>

Kxhksa ki hasta safrk kl vblarHaitbflk ki Eivkrseaiks ;>>.>>>,>>

Fbiha ;.>>>.>>>,>>

^/r bdquesehei dk ;.>>>

bhheaiks

HBXA 6. WBLAV HAITBFLK JKIAV BL WBLAV DK HAXTA

Kl >2/>7/28 lb kjprksb BFH=HB bdquere ;.>>> bhheaiks b lb kjprksb PJD,HB lbs

hublks tekiki ui Wblar haitbflk dk fs 5>>,>> hbdb uib, y gukrai bdqueredbs parui hastadk fs 2.>>>,>> hbdb uib.

WBLAV DK LBX BHHEAIKX0 Hbitedbd dk bhheaiks b hajprbr x Hasta :

(pbcbda, LA R[K XBLK DK FBIHA) ;.>>> bhheaiks x 2.>>> fs : ;.>>>.>>>

WBLAV HAITBFLK0 Hbitedbd dk lb Eivkrsei x Wblar haitbflk uietbrea

(rkcestra ki lefras) ;.>>> bhheaiks x 5>> fs : 4.;>>.>>>


26/27



Eivkrsei ki bhheaiks

Kxhksa ki hasta safrk kl vblarHaitbflk ki Eivkrseaiks ;>>.>>>,>>

Fbiha

^/r bdquesehei dk ;.>>> bhheaiks

HBXA 6. WBLAV HAITBFLK JBUAV BL WBLAV DK HAXTA

Kl >2/>7/28 lb kjprksb BFH=HB bdquere ;.>>> bhheaiks b lb kjprksb PJD,HB lbs

hublks tekiki ui Wblar haitbflk dk fs 2.>>>,>> hbdb uib, y gukrai bdqueredbs parui hastadk fs 5>>,>> hbdb uib.

WBLAV DK LBX BHHEAIKX0 Hbitedbd dk bhheaiks b hajprbr x Hasta :

;.>>> bhheaiks x 5>> fs : 4.;>>.>>>

WBLAV HAITBFLK0 Hbitedbd dk lb Eivkrsei x Wblar haitbflk uietbrea

;.>>> bhheaiks x 5>> fs : ;.>>>.>>>


27/27

K@KVHEHEA . 2 K@KVHEHEA . 6

IVA. DK BHHEAIKX0 8.6>>

GKHOB DK BDR[EXEHEAI0 2;->7-26

WBLAV IAJEIBL0 6.6>> FX

HAXTA DK BDR[EXEHEAI0 6.6>> FX

BL 82-26-26 XK DKHVKTBVAI DEWEDKIDAX DK

FX. 6>.>>>

IVA. DK BHHEAIKX0 ;.>>>

GKHOB DK BDR[EXEHEAI0 >2->?-26

WBLAV HAITBFLK0 6.;>> FX

HAXTA DK BDR[EXEHEAI0 6.>>> FX

BL 82-26-26 XK DKHVKTBVAI DEWEDKIDAX DK FX.

6;.>>>.

LAX DEWEDKIDAX XK HAFVBVAI KLA 2;->2-28

K@KVHEHEA 8.

VK^KTEV KL K@KVHEHEA IVA 6 X[^AIEKIDA R[K

LBX BHHEAIKX XK BDR[EVEKVAI B [I HAXTA DK

8.>>> FX

Inversiones en Bonos y Acciones

Documents

Transcript of Inversiones en Bonos y Acciones