ET Wealth, in its April 17, 2017 edition carried a debate on “Are mutual fund direct plans overcharging investors?” Here’s the link on ET Wealth about that debate. http://economictimes.indiatimes.com/wealth/invest/are-mutual-fund-direct-plans-overcharging-investors-heres-what-experts-say/articleshow/58189834.cms There were 4 views on the topic. I weighed in too. The following is an expanded version of what is published there.
MIP or Monthly Income Plan – Does it deserve your money?
Have you come across fund schemes given below? Birla Sunlife MIP II – Savings 5 Birla Sunlife MIP II – Wealth 25 HDFC Children’s gift fund HDFC MIP HDFC Multiple Yield Fund HDFC Retirement savings fund ICICI Pru Child care plan ICICI Pru MIP SBI Regular Savings Fund Sundaram Regular Savings Fund There are many more […]
Have you added a Nominee to your mutual fund Investments?
It is likely that you have added a nominee to your investment. The intention is that in case something happens to you, that is, death, then the nominee can take control of the investment. This is great. However, there are several misconceptions regarding what a nominee is entitled to or not. In this post, we […]
NPS Withdrawal- Current rules you should know
In the previous two posts on NPS, we covered two questions about whether NPS provides assured returns and how some investors overestimate their tax benefits. In this post, let’s understand the withdrawal rules as currently applicable to NPS. NPS maturity typically takes place at 60 years of age. This is also called normal superannuation. In […]
US Canada NRIs – PPFAS AMC needs your declaration for investments
Notice from PPFAS AMC regarding investment in its scheme by US Canada based NRIS This is to inform you that we are accepting NRI applications which includes US and Canada also, through online & off-line mode. For executing transactions successfully, please refer guidelines given below…… Application will be accepted subject to submission of Declaration form at the time of […]
How to build an SIP portfolio of mutual funds?
“SIP mein invest karna hai.” or “What do you suggest – SIP or mutual fund?” Too often, investors believe that a mutual fund and an SIP are two different things. It’s a misunderstanding. An SIP, the short form of Systematic Investment Plan is a method of investing in mutual funds. When you make a regular investment […]
