We live in a VUCA world fraught with risks of the unknown unknowns kind. These risks can’t be known in advance or be quantified. How does one invest in such an environment? Should we stop taking any risks? That’s we touch upon in the Lighthouse March 2023. Recently I happened to come across Mark Spitznagel’s […]
The enhanced pension from EPS is not a free lunch
There have been several hurried messages about whether to choose the enhanced pension from EPS as per the recent Supreme Court ruling in Nov 2022. The Supreme Court set deadline – March 3, 2023 – with little clarity from EPFO has added to the anxiety. Well, the idea of extra pension sounds good. The only […]
[HNIs] How to say NO to an AIF investment?
The HNI and UHNI (including NRI) investor has a ‘new’ pitch – the AIF or an Alternative Investment Fund. Given the recent spurt of assets in AIFs (7 lakh crores+ as of June 2022), several mutual fund houses have even started to launch their own AIFs. Sadly, they are just lame copies of their MF […]
HDFC MNC Fund – New Fooling Offer?
HDFC Mutual Fund has announced a New Fund Offer – HDFC MNC Fund – a thematic fund benchmarked to the Nifty MNC Index. As per the index factsheet available on NSE, the Nifty MNC Index comprises 30 listed companies on National Stock Exchange (NSE) in which the foreign promoter shareholding is over 50%. HDFC MNC […]
[Markets] Lighthouse – February 2023 Edition
The Lighthouse – February 2023 Edition is going to shed light on 2 important things that will help you save yourself. Then there is the asset allocation indicator which has started to move towards the reasonable zone. Let’s dive in. In the Feb 2023 edition, we cover the following: Start reading the latest edition below […]
Budget 2023: Let’s simplify
This is literally the theme of the Budget 2023 specially with personal income taxes. And that is the only thing I had wishes for – simplify! Expert after expert recommended a change in 80C limits, aligning capital gains taxes, increasing tax slabs, etc. The underlying idea was fine – reduce the burden on aam junta […]