We are in World War V. No that’s not 5 but V for Virus, the CoronaVirus. It is dire out there. Lives are at stake and while the world tries to get ready to fight this menace, it will cause serious disruption to lives of people as well as the world economy. As investors, you […]
[Money Master] What’s your yield? | Falling Yields | Will Party
If you have read through the earlier blog post on No credit risk funds, then it begs a question for you to solve, as a learning opportunity. You have come across the section, where the bonds are available at 10.25% coupon rate. You can buy these bonds at Rs 1300 a piece. The original issue […]
[Debt Funds] No credit risk, please!
Investors in debt mutual funds have had a rough last couple of years. As credit risk surfaced in debt funds, starting with the ILFS fiasco to the latest Vodafone Idea story, funds shaved off not only the gains but also the principal amount, sending investors into panic mode. Now you could be someone who has […]
[Money Master] A property related investment decision ?
How about some fun for your money brain? Here’s a modified version of an actual financial decision faced by an individual. Let’s assume you are the one faced with the challenge. You have a commercial real estate with 2 floors, which are rented out already. Your tenant on the 2nd floor, Rajesh Kumar, runs an […]
1 crore health cover – A review of Aditya Birla Policy
If a 40 year old is offered a Rs. 1 crore health insurance cover for self, spouse and a child at a premium of less than Rs. 20,000 per year, it is enough to pop my eyes out. Last I checked, my National Insurance Policy for Rs. 5 lakh cover (floater basis, including spouse), takes […]
[HNI Taxes] Should you switch from dividend option to growth in your debt funds?
As per Budget 2020, dividends are now taxable in the hands of investors. There will be no Dividend Distribution Tax paid by the companies or mutual funds. Additionally, there is a TDS of 10% if the dividend paid is more than Rs. 5,000 in a financial year. Given the new tax rules, should you switch […]
