Religion is the opium of the masses and dividend is the opium of investors. Caution: Several hybrid / balanced mutual fund schemes are sold with the promise of a monthly dividend. Beware of such schemes and offers. In my view, they are equivalent of ponzi schemes, using money received from new investors to pass on as dividends to older investors, pocketing […]
Unovestor Speak: Nakul Gupta shares about Money, Investing and Goals
When you meet Nakul and his family, you will be surprised. Behind the simple persona and modest being is a sharp and disciplined financial investor. These traits have helped him and his family to achieve a lot with their money. I went chatting with Nakul to get him to share his experiences on money and […]
The difficulty in comparison of mutual funds
So, you want to invest in mutual funds. What do you do? Go to your favourite mutual fund data aggregator portal’s and then the comparison page. You specify various parameters and get a shortlist, which you can further research. Read more, look at the factsheets (really!), past returns, expense ratio, fund manager, size and what other people are […]
Video: How to download the CAMS consolidated statement to upload on Unovest?
As you are aware, you can download the CAMS consolidated statement and upload on Unovest to track your entire mutual fund portfolio. There have been some changes in the recent past and so we have made a quick 1 minute video to guide you through the process. View the video below or Click here to view it on […]
Change in Axis Treasury Advantage Fund – What should you do?
Axis Mutual Fund recently sent out an information email to the investors of its Axis Treasury Advantage Fund. The email mentions about a change in a fundamental attribute of the scheme and provides the option to investors to withdraw (in case they are not okay with the change) without paying any exit load. What is Axis […]
Journey of Rs. 10,000 with various debt funds
I was asked to answer a question on Quora: Which debt fund is better for investment for an investment horizon of 3-5 years, Dynamic Bond Funds or GILT funds? While I wrote my answer there, I thought I would share an extended version with you on Unovest. Let’s refresh 2 basics about debt funds first. Debt funds […]
