This does not constitute investment advice. Returns mentioned herein are in no way a guarantee or promise of future returns.
Stock market investments are subject to market risks.
The Government's New Tax
Saving Scheme Could Actually

Put Your Hard-Earned Money
At Serious Risk!

One market insider admits -
" encourage inexperienced investors to buy stocks directly with a 3-year lock-in could end up being a disastrous investment experience."

Dear Reader,

Are you a new investor who's just looking to get into stocks?

If not, do you know someone -- a friend, relative, or colleague -- who is looking to do the same?

Whatever the case is...

And even if you are a fairly experienced or veteran investor...

I request you to read every single line of this letter very carefully.

Because a very important development is about to take place in the Indian stock market arena. And it's extremely vital that you know the FULL truth about it before you or someone you know unwittingly falls prey to it.

Furthermore, also included in this letter is a way to get 3 years of non-stop, reliable money-making research at a price we've NEVER offered before.

And we believe this offer would be beneficial to ALL investors, regardless of what your investing level is.

So that's one more reason for you to read this letter till the very end.

More on the offer in just a moment...

But first, here's what this letter is
mainly about...

Well, like I said, we are writing to you today to bring something very important to your attention.

If you followed this year's financial budget, then you already know the government is planning to launch a new scheme titled, "The Rajiv Gandhi Equity Scheme", to get more people to invest their savings in the stock market.

The finer details of the scheme are still not known, but for now here's what the text read out by our Finance Minister said:

"To encourage flow of savings in financial instruments and improve the depth of domestic capital market, it is proposed to introduce a new scheme called Rajiv Gandhi Equity Savings Scheme. The scheme would allow for income tax deduction of 50 per cent to new retail investors, who invest up to Rs 50,000 directly in equities and whose annual income is below Rs 10 lakh. The scheme will have a lock-in period of 3 years."

Simply stated, if your annual income is below 10 lakhs... and you invest Rs 50,000 directly in equities, you'll get a deduction of Rs 25,000 in your taxable income.

Agreed, this looks extremely attractive for first-time equity investors. And it could also give you better returns on your investment than normal fixed deposits.

But then, there are also a couple of dangers associated with this...
  • The danger of falling prey to greedy, selfish stock brokers who could make innocent investors invest in just about ANY stock so that they (the brokers) could earn more commissions

    Yes! Imagine being made to invest in stocks which are in reality not so good, and losing a part or even full of your investment.

    All just because your broker wanted his commissions figure at the end of the month to be higher!

  • The danger of sensing that something's wrong with the stock, and still not being able to withdraw your money!

    One of the best things about equities is that you can get in when you want to... and get out when you want to.

    But with the three-year lock-in period this scheme has, you're not allowed to take out your money up to 3 years no matter what happens!

Are you ready to become a victim
of something like that?

Look... even if it may not be you or me directly, I'm sure we all know someone who is looking to get into stocks for the first time.

And the fact is, there's only a small group of investors who can decode all the financial jargon of companies and identify a good stock from a bad one.

For the majority out there, they just rely on someone -- a friend, relative or a broker -- to tell them which stock to invest in.

So what happens when a large number of regular, unsophisticated investors hit the stock market at one go attracted by a tax saving scheme like this?

That's right, it leaves them open to exploitation!

We expect a spurt in broking accounts as new investors are drawn to the capital markets. And there's a high chance that they could be misled into putting their money into wrong stocks.

And then, who knows what will happen to a stock in 3 years time?

While equities could rise fast and give you handsome returns, they could also drop a lot within a short timeframe and hand you huge losses.

Therefore if you want to get the most out of the equities, the trick is to track them continuously, and be in control of them at all times.

And that's what this new scheme DOES NOT allow you to do.

With the 3-year lock-in period, you'll have to stay invested in the stock even if it's crashing to the ground in front of your very eyes!

So if you invest in a wrong stock through this scheme, instead of a 50% tax concession, all you could end up getting is a 100% loss!

But this is where Equitymaster
can be your Best Friend...

You see, like we've told you time and time again, we are NOT stock brokers. We DON'T gain anything even if you buy the stocks that we recommend.

But that said, our reputation and our income depend on the stocks we recommend making you money.

Because if they don't make you money, you'll simply not renew your subscription to our stock recommendation services. And, you'll also tell you friends not to sign up for our services.

We would never want something like that to happen, right?

That's why we research stocks thoroughly... and recommend only those stocks which we think have a high probability of growing and making you money.

So, do you see now why you should place your trust in Equitymaster... rather than in your friendly, neighborhood stock broker?

Well, if this new scheme does fall through in the months to come, you could suddenly notice your stock broker being more friendly with you.

Or if you don't have a broker already, you could have new brokers trying to make friends with you, and introducing you to this new scheme that could help you save tax and also make BIG returns at the same time.

But before you fall prey to one of these advances,
we have something even better for you...

Yes, we'd like you to know we have planned something even better for you to help you make BIG returns more SAFELY...

We would like to set you up with our large cap recommendation service, StockSelect, with an offer you simply cannot refuse.

Yes! First off, you'll feel good knowing that StockSelect has an accuracy of 81.3%. In other words, every 8 out of 10 stocks we recommended through it hit their target within the stipulated timeframe.

And then, we have also never made an offer like this on StockSelect before...

The reason we are doing this now is that we really want to help new investors make educated investing decisions and build their wealth safely, instead of going by gut feelings or a broker or friend's suggestions.

And we KNOW that StockSelect is the best service to help with that.

In addition, as we told you, this new scheme will require you to stay invested in a stock for 3 years.
So with this offer, in the same duration i.e. 3 years, we want to help you maximize your profits and minimize your losses while benefiting from not just one, but MANY attractive, safe large cap opportunities.

And the kicker, we will even track these stocks till the end of their tenure. So your money will be lot safer too.
Now let me tell you why StockSelect can be a reliable investing guide for both new and experienced investors alike...

Build your wealth, without risk!

If you're like most other investors out there, you too have been made to believe that there are basically only two kinds of stocks:
  • Safe low-return stocks
  • Risky high-return stocks
If you wanted bigger returns, you were told that there's no other option but to invest in stocks that involve at least some amount of risk.

Or else, just settle for the dividends and small returns that the safe stocks gave you.

But what if I told you that you could make triple-digit returns from safe blue-chip stocks too?

That's right. Please take a look at this...

Company Name Returns (%)
Dr. Reddy's 120% in 32 months
Aventis Pharma 84% in 13 months
Corporation Bank 135% in 38 months
Maruti Suzuki 86% in 5 months

These are just some of the returns that our StockSelect members have made - and consistently make - from some of the market's safest stocks.

So what's StockSelect exactly?

StockSelect is a unique service designed by Equitymaster for investors who'd like to build wealth from stocks... but don't want to spend all their time worrying about market movements or wondering whether they chose the right stocks or not.

Listen, I believe you'll agree that blue-chip stocks are some of the safest stocks available on the market. They are very stable and far less likely to vanish with your money overnight.

Now what StockSelect does is, it helps you get rich without taking much risk, by investing in safe blue-chip stocks... at the right moment.

Here's how...

See, we all know there are no better companies than the large caps when it comes to stability.
  • Large caps or blue-chips are all well-established companies with stable earnings and no extensive liabilities.

  • They are well-managed and have consistently performed across business cycles

  • They have the resources to not only weather the downturns and disturbances, but also emerge stronger from them

  • Long-term prospects for large caps are outstanding
So the risk associated with large caps is very low, and you can be assured of steady returns and dividends from them year after year.

However, there's something most people
don't know about large caps...

Even though there's a strong belief among investors that large caps are virtually immune to any and all kinds of problems, that's not really the case.

The truth is that even large cap stocks go through hardships from time to time.

The reasons could be anything like:
  • Change in the company's top management

  • Some new initiatives started by the company turning out to be failures

  • Fall in demand for the company's product in the market

  • Bad economy
...or anything else for that matter

When things like that happen, the demand for the large cap stock falls temporarily... bringing its price down and making it available to you at a discount!

This is when you need to act fast and grab the stock.

We believe that great companies always recover when the storm passes. So if you grab them when they're down, you could easily make double and triple-digit returns them when they recover.

Just see these 2 examples...

Example #1: Bajaj Auto

Bajaj Auto

We recommended Bajaj Auto, a motorcycle company, when sales of motorcycles in the domestic market had crashed by 20% and 23% respectively in two consecutive years.

As a result of this, suddenly total sales of the company in FY09 had come down to 60% of what they were in FY07. And the valuations were hit because the company simply did not have enough products that would address the needs of the biggest customer base in the motorcycles segment.

Additionally, concerns were raised with regard to relatively low dividend payout compared to its closest peer and decision to tie up with Renault in a long gestation small car project.

However, despite the concerns we believed that armed with a rock solid balance sheet and industry high margins, Bajaj Auto was set to make a strong comeback. Moreover, high growth expected in motorcycle exports made our conviction stronger.

So we kept the long term picture in mind and expected the stock to offer handsome returns over a 3 to 5 year period.

And as expected, the stock is up 60% within 23 months of recommendation.

Example #2: GSK Consumer

GSK Consumer

We recommended GSK Consumer in February 2009 when the Indian malted beverage market was seeing stiff competition from new entrants like Dabur and Hindustan Unilever.

In the midst of all this, GSK initiated a 7% price hike in its flagship brand 'Horlicks'. It also leveraged its brand power to launch new variants.

This firmed up our confidence in the company retaining its 70% market share. Plans to introduce products from its global parent's portfolio in oral care, energy drink and other segments over the next 3 to 4 years was the additional sweetener.

So we maintained that despite competition GSK Consumer would be able to leverage its brand power to emerge stronger and improve returns to shareholders.

The stock rose 302% till we recommended a sell on it.

Apart from these, if we consider some of our more recent recommendations...

Exide Industries gave 37% in 24 months
Titan gave 45% in 3 months
SBI gave 20% in 5 months

And there are many, MANY more stocks like these.

Imagine multiplying your money 7, 28, or 34 times... with nothing but safe blue-chips!

Yes, the same blue-chips, which are known for safety and stability, could also give you unimaginable returns in the long run.

For example...

We recommended L&T on 5th November, 2002 when it was selling at Rs 47.5*. And when we gave a SELL on it in March 2010, it had risen a whopping 3,311%.

Similarly, Voltas too, which we recommended on 30th June, 2003 returned 2,740% until August 2010 when we gave a SELL on it.

Then we recommended Infosys on 19th August, 2002 when it was selling at Rs 403.2*. Today the same stock is priced at Rs 2,865.

An increase of 611%... and we haven't recommended a SELL on Infosys yet!

(*Recommendation prices have been adjusted for bonuses and stock splits over the years)

So this proves that if you invest in the RIGHT blue-chips, they could make much, MUCH more than the other risk-filled stocks in the long run.

But then again, the important point here is...
Not every blue-chip stock is the RIGHT one!

You need to know exactly which big companies are likely to recover faster and make bigger returns for you... and of course, when is the right time to buy them.

And this is where Equitymaster and StockSelect come in...

StockSelect tells you which blue-chip companies are a "must-have" for your portfolio... and more importantly, it notifies you as and when they're available at attractive valuations.

Like I said, StockSelect works on a simple principle -- buying great companies at bargain prices when they're in some kind of distress, and making staggering returns on them when the company grows rapidly in a few years.

Great companies always recover when the storm passes.

Hence if you buy the blue-chip stocks at the right time, you could easily make attractive returns over 2-3 years.

And that's why with StockSelect, you not only earn consistent dividends but also big returns from the large caps stocks we recommend.

Take Tata Steel for instance...

Tata Steel

We recommended Tata Steel in December 2008, when the stock was trading a mammoth 80% lower than its 52-week highs!

The stock's underperformance then could be attributed to its balance sheet that had been loaded with debt on account of the leveraged buyout of Corus.

While we saw the concerns as being valid, we knew those were far too exaggerated. Our calculations showed that even if the company's earnings were to fall by 50%, there would still be enough cash flow for it to pay for its financial expenses on the debt.

So we remained confident that the company will come out of the downturn rather unscathed.

And the stock is up 156% since then.

Please understand that we make all our predictions with a 2-3 year period in mind.

However, in some situations, the markets get into action and bump up the stock price sooner than expected.

In other cases, a market crash leads to the stock price falling rapidly.

So our advice to you is that you ignore the near-term variations and focus only on what you could make in 2-3 years time.

Why you can trust us to deliver

We've been in this industry for a LONG time. In fact, we were the first Indian entity in the finance domain to venture onto the Internet.

And now, we have completed over 15 years in the online space.

Today we have over 907,500 members... in 65 countries worldwide who trust us!

But at the same time, we're not stock brokers. And we don't gain anything even if you buy the stocks we recommend.

However, our credibility... and more importantly, our income... depend on whether or not the stocks we recommend make you money.

Because if you don't make money from our recommendations, you will simply not renew your subscriptions. Furthermore, you'll also tell your friends not to sign up for our services.

For this reason, we take extreme care while finalizing the stocks to recommend.
  • All our recommendations are supported by thorough research - we list out the reasons to buy and also the investment concerns that we foresee

  • We travel far and wide to meet companies before we put out reports on them

  • For each stock, we clearly state the target price and also the time horizon for achieving the same
That's exactly why over 907,500 registered members (of all Equitymaster services combined) trust us!

In addition... I bet you too, like numerous other investors, were taken aback by the 'Satyam' fiasco and started wondering how many more companies of that sort are there in India.

Well, guess what?

Because we meet various companies face to face, do our due diligence and continuously track our recommendations... we reduce the risk of a Satyam like situation emerging in stocks that we recommend.

Here's what one subscriber had to say about our research...

"It's been 5 years since I have been a subscriber to all the products of Equitymaster (EM).

EM's "power to people" approach is what made me to associate with them initially. EM's honest, independent and consistent research on stocks is worth appreciating.

In short, I must say it has been a "rewarding" experience."

-- S R Samratt, a StockSelect subscriber since 2005

Another big reason why our research tends to be accurate more often than not...

You see, most investors take the return on stock investment to be the key yardstick while deciding whether or not to buy a stock.

But legendary investors like Benjamin Graham and Warren Buffett have always maintained that 'evaluation of risks' should be given as much importance as 'estimation of returns'.

It is in this direction that our research team has developed the Equitymaster Risk Matrix or ERM which helps quantify the risk attached to a stock. The ERM is an integral part of our stock selection process.

Look, you probably understand that no two companies have the same degree of risk associated with them. Even if they operate in the same sector, their business dynamics, managements and valuations are different.

That's why it is important to evaluate the risk involved in each case separately...

And the ERM is designed just for that!

The ERM is a matrix designed to evaluate the key risks attached to a business, it financial history and its management. It ranks not just the company but also the sector in which it operates based on its relative risk profile.

When markets were at their nervous best in late 2008, our Buy recommendations on ACC, Tata Steel, Corporation Bank and Maruti Suzuki were backed by our confidence in the low risk profile of these companies as shown by ERM.

As expected, these stocks went on to multiply our subscribers' wealth several times.

Again, it is the same ERM that we rely on to quantify the risks we believe subscribers need to be cautioned about while recommending a 'Sell'.

"In 2007, Equitymaster was probably the only research house which will give most of HOLD or SELL recommendations rather than BUY reports and everyone knows what happened after that. I feel to be proud subscriber of equitymaster seeing again that you still are not afraid of giving the right opinion irrespective of market moods. Great Job!!! "

-- Deepak Aggarwal, StockSelect subscriber since 2007

Given the complex operating environment that Indian business are aspiring to be a part of, we believe the ERM can offer immense value to investors seeking to maximize their long term returns by without taking on too much risk.

"I am a subscriber to these services for the past five years. I realized the value of fundamentals for investment decisions only after I started using the services of

Earlier, my decisions used to be based on "tips" or "advice from friends" etc.; Equitymaster taught me to base them on business fundamentals.

One very good quality of your organization is that I never have even 5% of doubt about your unbiased approach and your integrity to the retail investors.

Overall, I value the services offered by and I acknowledge their contribution to make my investment decisions more scientific."

-- Satish Pendse, a StockSelect Subscriber since 2003

But I won't lie to you -
Sometimes we make mistakes too

Like I said before, StockSelect has an accuracy rate of 81.3%.

That means for every 10 large caps stocks we recommend through StockSelect, 8 hit their target.

So there are 2 stocks out of every 10 that do not perform as expected.

Now, there's no doubt that we recommend a stock only when it meets all the required parameters.

But sometimes... despite having all those valid reasons for recommending the stocks... the assumptions we make turn out to be incorrect.

For eg: We recommended IDFC and Voltas in 2010 and 2011 respectively, when the stocks seemed to be offering tremendous value given their industry leadership and strong long-term growth prospects.

However, their stock prices showed no signs of strengthening, and in fact corrected further from the recommended levels.

Investors seemed to have lost interest in these sectors. And the lack of near term growth visibility coupled with policy inaction resulted in lower valuations for the stocks.

  Reco. Date Reco. Price Price as on 30th June 2011 Change
Voltas 25-Feb-11 158 112 -29%
IDFC 2-July-10 180 135 -25%
*Prices adjusted for bonus and stock splits

Now, we understand it is natural for investors to be anxious about the correction.

But we find no reason to change our view on the stocks given that both the policy hiccups and near term growth uncertainties are temporary in nature.

Both IDFC and Voltas are bound to keep their long term growth rates intact even if India's GDP grows at an average of 6.5% over the next 5 years.

The high margin of safety in their valuations could in fact help investors grab sound, good businesses at discounted prices.

So what I want to say is, despite making all the efforts to be as accurate as possible, there will always be factors that we can't control.

But all said and done, you can rest assured that when you receive a research note from us, it is our honest opinion about the stock - based on certain time-tested criteria and assumptions.

"I would want to acknowledge the fact that Equitymaster is ACTUALLY REALLY GENUINE in its research, SELFLESS and not giving recommendations with a HERD mentality !! Like some magazines and news channels do..."

-- Nishank Mehta, a subscriber since 2009

Here's what all you get by subscribing...

52 Blue-chip Recommendations in a year

Every Friday, we'll send you a StockSelect report recommending a Buy/Hold/Sell on one large cap company.

In this report, we will provide you detailed and extensive analysis of the company along with our expert opinions.

Look, even though large cap companies are a dime a dozen, it's still important to know which stocks are the right stocks and what is the right price and time to buy these stocks.

StockSelect tells you just that!

Consider the case of Bharat Forge...

 Bharat Forge

Bharat Forge is one of India's largest and technologically most advanced manufacturers of Forged & Machined components...

We recommended this stock in April 2009. The company was then facing serious issue on the balance sheet front as it had loaded the same with debt.

Our view was that the company was soon to get a return on the expansion it made using this debt. We expected the company's domestic operations as well as foray into other segments to minimize the impact that sharply lower exports were having on its overall business.

While we agreed that the company was no doubt struggling to grow at rates that it has managed to do in the past, we thought the fall in stock price was much exaggerated.

And the stock gave 251% until we recommended a SELL on it.

By subscribing to StockSelect, you'll be notified of 52 exciting Blue-chip Buy/Sell/Hold opportunities at the right time.

You can then explore the opportunities further if you like, and pick a final list of blue-chip stocks to invest in.

In addition to these, we also release special reports from time to time on attractive large caps opportunities. Fast action takers will benefit from these reports also.

"As regards the positives... .the reports are very comprehensive, logical and the analyst seems to have a good understanding of the industry and the firms biz model which I have found lacking in most other reports and recommendations that I come across.

Also it compares the company with their peers too in the market. These days whenever I think investment in stocks... my 9 year old son Chirag has an opinion but he also insists that I look up the opinion of Equitymaster too!!!.

So you see your team has a lot of credibility not just in this generation but also in the future generation."

-- Tarun Malkani, a StockSelect Subscriber since 2007

Ongoing Research on
The Companies Recommended...

And we don't just recommend some companies and forget about them.

At the end of each quarter, we review all the recommended stocks that have yet to meet the target price or are yet to complete the recommended tenure of investment i.e. all open positions.

We provide subscribers our latest analysis on all those recommendations... and whether we maintain our views on them or have changed the same.

We illustrate in detail our reasons for maintaining the stance or change in stance, and finally summarize all of those into a table as you can see below:

stoctselect recommendations

Apart from these quarterly reviews, another thing that forms part of the "ongoing coverage" is the Quarterly Result Analysis that we write for all companies under coverage... wherein we also mention whether the results are in line with our estimates or not, and whether we maintain our view on the stock or not.

Given that the markets are likely to remain bumpy for some more time, this kind of information can come in very handy.

Here's what one subscriber had to say about our review reports...

"I appreciate your dedication in giving periodic reviews and outlook/current recommendations. This is a stand out feature in your basket!"

-- Srinivasan S, a StockSelect Subscriber since 2008


These are articles and reports that are available to our premium subscribers only.

We release over 800 of them every year.

You might understand that there a lot of factors influencing the stock price, most of which need to be monitored regularly. So from time to time, we release instant reports and updates on various companies.

These articles include excerpts of management meetings, extracts of conference calls, updates on the happenings in a company and our personal views on it, and so on.

This is all "unadulterated" information and it will serve as a valuable input for your investment decision.

The Portfolio Tracker

The Portfolio Tracker is an online utility that helps you track all your equity and mutual fund investments in one place! It's online, and is available to you 24 hrs a day.

You just have to enter the details of stocks or mutual funds owned by you ONCE... and Portfolio Tracker will show you what your entire portfolio is worth AT THAT MOMENT anytime you log into it.

  • You can set your account to send you automatic end-of-week and end-of-month performance updates for all your portfolios.

  • You can set up priced based alerts for all the stocks that you own (and also the stocks that you don't own but only wish to track).

  • Plus, you can also track your SIPs and get NAV alerts for the mutual fund schemes with Portfolio Tracker now
But what makes the Portfolio Tracker the indispensable tool that it is are the intelligent reports that come along with it.

You see, we at Equitymaster have spent a considerable amount of time trying to understand how the fund managers who invest for the long-term track and review their portfolios.

And it is the relevant learnings from this exercise that we have translated into reports.

In a nutshell, these reports help you answer questions like -
  • Should you be buying stocks from the automobile sector or the consumer products sector? Do you have too much of cement stocks in your portfolio?

  • Which stocks deserve your maximum attention?

  • Is the construction of your portfolio in line with what a smart fund manager would have?

  • ... and so on
Here's what one long-time user had to say about Portfolio Tracker:

"I have been using the Equitymaster Portfolio Tracker since 2002 and have found it very useful to track my investments, and also to carry out meaningful analysis.

Moreover, what is equally important, I have found the team at Equitymaster extremely responsive.

This applies both to requests for the inclusion of new Mutual Fund Schemes/Scrips as also designing new reports."

-- Jose Rodrigues, a member since 2002

The Portfolio Tracker usually costs Rs 330 for a year. But by subscribing to StockSelect, you get it absolutely FREE.

"How to Plan Your Equity Portfolio":
Our Recently Released Asset Allocation Guide

Our experience shows us that a majority of new investors fall into two main categories:
  • Those that primarily aim for big returns and often take unnecessarily risks to achieve the same

  • Those that are overly particular about safety and often forgo excellent money-making opportunities just because there's a slight bit of risk involved
The truth is... if you want to make to lead a RICH and HAPPY life with the money you make from your stock investments, you must learn to tread the middle path between the two.

Therefore our intention through this guide is to help you allocate your investments properly... to not just give you a chance of maximizing your stock market returns but also keep the risk involved to a minimum.

And this guide, too, will be available to you FREE when you subscribe to StockSelect.

Free subscription to
The Daily Reckoning...

Are you someone who's interested in monitoring or even investing in the global markets?

Now you can read what knowledgeable investors across the globe read every single day for global market analysis and investment ideas.

Yes, we are delighted to bring you 'The Daily Reckoning', a daily financial e-column by Bill Bonner, Publisher and Editor, and three-time New York Times best-selling author.

The Daily Reckoning is published every day in 3 languages from offices in 6 countries - US, UK, Australia, France, Germany, South Africa.

Now, it's India's turn... and your turn to get it for FREE!

When you subscribe to StockSelect, you automatically get a free subscription to the Daily Reckoning also.

- - - And I've saved the best news for last - - -
Pay for 1 year and get 3 years!

You must be thinking all this would cost a lot, right?

The price of StockSelect is normally Rs 5,000 per year, which is anyway not much to pay for a service like this.

But if you subscribe to StockSelect through this offer before it closes at 11.59 PM on 19th July 2012, you can get 3 years of StockSelect for Rs 4,950 only.

That's right! So simply put, you get a 3-year StockSelect subscription for the price of a 1-year subscription.

The main reason we came up with a idea of this 3-year offer for StockSelect was that the new scheme will require you to stay invested in the stock for 3 years...

And we wanted to ensure that we'll be with you tracking your investments throughout the tenure.

And guide you right from the time you invest in till you can sell out of the investment.
You see, given that our StockSelect recommendations are made with a 2-3 year timeframe, I believe by the time we approach the end of the 3-year subscription period, we'll even have closed many of the recommendations we make during this period.
So that's yet another BIG benefit of getting a 3-year subscription through this offer.

And it's available only through THIS offer!

Rs 4,950 for 3 years comes to Rs 1,650 per year... or just Rs 137.5 per month.

I think this is a small fee to pay for a service that would grow your wealth safely.

Plus, you can sign up at this highly discounted price and test-drive StockSelect for a full 30 days.

If you don't like it, get in touch with us before the 31st day, and we'll refund the full fee you paid. That's a promise!

However, you must act quickly.

This offer will close very soon! And after that, the subscription price of StockSelect will also go back up to the usual Rs 5,000.

In addition...

Act Now and you'll also get our
Latest Special Report consisting of
3 Stocks you could invest in right away...


We recently released a special report titled, "3 Money-Doubling Stocks to Buy Now".

In a nutshell...
  • The first company in this report manufactures a commodity that is seeing an ever-increasing demand now.

  • The second is in a league of its own when you consider the quality of its management and the track record of shareholder wealth generation.

  • And the third company is an indirect play on India's infrastructure and economic growth prospects.
And we believe that each of these 3 stocks has potential to double your money in the next few years.

If you sign up for StockSelect through this offer, you get the report also, absolutely FREE.

So to summarize, here's all you get by signing up to StockSelect...
  • A 3-Year StockSelect subscription for Rs 4,950 only... (Normal price = Rs 5,000 for 1 year)

  • New special report - "3 Money-Doubling Stocks to Buy Now"

  • 52 StockSelect Buy/Sell/Hold recommendations in all in a year

  • Special Reports from time to time

  • Quarterly reviews of our recommendations

  • S-Features

  • The 'intelligent' Portfolio Tracker

  • Our Special report - "How to Plan Your Equity Portfolio"

  • FREE subscription to 'The Daily Reckoning'

Try StockSelect without any risk
Using Our 100% Money-back Guarantee

Look, StockSelect has an extremely good success rate of 81.3%, and you'll also be investing in stocks which in our opinion are among the market's safest by subscribing to it.

Plus, you've also got nothing to lose...

If you make use of this offer, you can subscribe to StockSelect at a highly discounted price, and try the service for 30 days without risk.

During this one month, you'll get 4 current issues of StockSelect... plus access to archives of all the previous issues.

After going through the current and past issues, you should have a good idea of whether StockSelect is for you or not.

If you don't like what you see, just let us know before the 30th day and we will refund the entire price - no questions asked.

And you can also keep the special report as a way of saying thank-you from us for trying StockSelect.

So you have at least 3 good reasons to sign up for StockSelect NOW:

  • To get our special report giving you 3 stocks to invest in right away

  • To get a 3-Year subscription to StockSelect for just Rs 4,950... instead of paying Rs 5,000 for a 1-Year subscription

  • Our 30-day, 100% money back guarantee

Why delay any more?

[Click here to subscribe]


Rahul Goel
CEO, Equitymaster

P.S.: This offer will close at 11.59 PM on 19th July 2012. So sign up now to get...

  • A 3-Year Subscription to StockSelect for just Rs 4,950 (usual price = Rs 5,000 for 1 year)
  • Our latest special report -- "3 Money-Doubling Stocks to Buy Now"
  • Our Special guide - "How to Plan Your Equity Portfolio"
  • Free access to our 'intelligent' Portfolio Tracker
  • ... and much more!

P.P.S.: There's a 30-day money back guarantee on this offer. So sign up and at least see what StockSelect is all about. If you don't like it, we'll give you a FULL refund anyway.

P.P.P.S.: Here's what another subscriber has to say...

"I am a subscriber to StockSelect, MidcapSelect & Hidden Treasure.

Equitymaster has really shown its skill in finding the PICKS much before others do.

I know that it is not so easy for an analyst to 'pick up' ahead of others always.


-- Satya Pal Gupta, an Equitymaster Subscriber since 2005

P.P.P.P.S.: If you have any queries, please do not hesitate to contact us at +91-22-61434055 or Write in to us. We will be delighted to assist you!

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*Returns have been calculated as on 30th March 2012 or on the date of Sell Recommendation, whichever is applicable.
** The guidelines for the Rajiv Gandhi Equity Scheme have not been finalized yet, so the conditions of investment mentioned above could change in the future
***StockSelect Track Record calculated from 2002 to 2010

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