If you are an investor in Parag Parikh Long Term Equity Fund, you have most likely received a communication about change in fundamental attributes of the scheme. A fundamental attribute is one which alters the core proposition of the scheme and includes things such as change of asset allocation, which the Parag Parikh scheme is […]
How to create e-CAN or Electronic CAN to transact online in mutual funds?
Today, there are several options available for you to transact online in mutual funds. However, there is a unique facility that you should definitely use for your MF holdings. I am talking about the Common Account Number or CAN. The CAN is issued by MF Utilities or MFU, a mutual fund industry initiative. A CAN comes with several […]
I got my FREE credit score and report from CIBIL. Have you? Here’s a step by step.
A credit score and report have come to play an important role in our financial lives. Financial institutions increasingly rely on your credit score to provide loans. A bad credit score number can make your dream home more expensive. As things are going, that high profile job may slip out of your hands just because […]
LIC Jeevan Saral – the Loot India Corporation is at it again!
Do you hold a current LIC Jeevan Saral Policy? If yes, here’s something important that you would like to know. This policy is likely to make a loss for you. LIC Jeevan Saral policy has lately been in the news for all the wrong reasons. MoneyLife Foundation along with some policy holders filed a case […]
Guaranteed Income Plan from Tata AIA Insurance – an analysis
The word ‘guaranteed’ has a strange aura to it and it can suspend all our logical senses to consider and even buy. Dr Sharma has been approached by an insurance agent with a guaranteed income plan. Dr Sharma is 48 years old and has sufficient cash flows to take care of his expenses. He doesn’t […]
Losing money and the mind
The show, Man vs Wild, runs on Discovery Channel and is apparently quite popular. The general format of each episode is the premise that Grylls (the show’s host) is left stranded in a region with his film crew. The episode documents his efforts to survive and find a way back to civilization, usually requiring an […]
