“The investor’s chief problem – even his worst enemy – is likely to be himself”, said Benjamin Graham, decades ago. Has anything changed since then? Nothing. Here is proof. #1 Rakesh Garg bought a health insurance policy for himself (52 age), wife (50) and son (20) as a single floater policy. The premium is a […]
Will you get safer debt funds with SEBI’s new measures?
You are well aware of the problems debt funds have been facing in recent times. I won’t be surprised if you say that you don’t trust debt funds anymore. In fact, I would agree. There are pros and cons to all investments. Debt funds are no exception. Over time, SEBI has introduced various measures to […]
The RA-RE event hits debt mutual funds
ICRA, the credit rating agency, yesterday made rating downgrades to two NBFCs, Piramal Housing Finance and Edelweiss Group companies. The reason cited is that they have a significant exposure to real estate sector. The last 1 year has witnessed several rating downgrades. ILFS, DHFL, Reliance Capital and now Piramal and Edelweiss. That is our RA […]
Capital gains tax on property sale – Here’s a calculator you can use
Taxes are always a pain, specially if you have sold a property, where capital gains tax applies. Calculation of capital gains tax on property sale needs a little more effort than usual. I am sharing with you a quick capital gains tax calculator you can use to estimate your tax liability. We will use a […]
Quantum India ESG Fund NFO – an extra layer of quality?
Quantum Mutual Fund has announced the launch of its new fund scheme, Quantum India ESG Fund. ESG stands for Environment, Social and Governance, 3 parameters which together define sustainability. For the new scheme, the ESG criteria will play a key role in selection of stocks for the scheme’s portfolio. Why ESG? As the world gets […]
Let’s test your Personal Tax Quotient in 2019 – Quiz
Tax occupies the biggest space in our minds. It is the first cell that is activated in any individuals brain after s/he gets the first pay cheque. It is the most feared and yet the most sought after game. You and I relish it. We spend inordinate amount of time trying to save taxes, so […]