SBI Small Cap Fund, which has been closed for fresh subscriptions since October 2015 is reopening its gates for fresh SIP investments. As one of the best performing small cap funds, should you start your SIP too with this fund scheme? Let’s take it step by step. Let’s first look at the history of this […]
50 decisions you can make with a financial plan
For most investors, a plan is not a preferred way to start their investing journey. I get more people asking me about which mutual fund to invest in than asking how should I approach money decisions and structure my portfolio to meet various goals. I hope today you change your mind. How a financial plan helps […]
How to switch mutual funds from regular plan to direct plans in demat mode?
What’s the point of holding your mutual funds in demat mode and incurring charges? Not just that, the investments are in regular plans or commission oriented plans. Can you switch such mutual fund investments to direct plans? Let’s find out. A reader recently sent this query. I hold a number of MF in regular plans […]
What happened to HDFC Prudence Fund?
Do you know which is the largest single mutual fund scheme today in India? It is HDFC Prudence Fund with over Rs. 36,000 crores in assets under management. Popularly known as a balanced fund, the scheme is undergoing a surgery (literally). So, what is happening? In the ongoing drive for scheme rationalisation and recategorisation, HDFC […]
Frugality, financial freedom and facts – The misunderstanding
Talk of frugality and words like sparing, thrifty, prudent in spending start coming to mind. (source: Wikipedia) What does being frugal mean? What will make it really work? Well, for sure, not by acting poor! I can bet most people don’t understand frugality. Savings and thrift sound like ideas from the 18th century or before. This […]
Capital Gains Tax – All that you need to know in a single place
Starting April 2018, the scope of capital gains tax has increased. Even your direct stocks and mutual funds are now subject to long term capital gains tax. There was no long term capital gains tax till March 31, 2018. So, real estate, gold, bonds, debt funds, etc have always been subject to short and long […]
