The American multimillionaire, John D. Rockefeller, was once asked, “How much money is enough?” His answer: “Just a little bit more.” If you ask yourself the same question, what will your answer be? A crore, a 100 crores or somewhere between the two. You ask 100 people and you are likely to get 100 different responses. The underlying […]
An ode to John Bogle
Back in 1975, the world’s first index mutual fund was started with the guiding principle of “trusteeship”. It put the investor first and ensured that the maximum share of the investment rewards went to the investor. The fund house, a familiar name now, is Vanguard. As of today, Vanguard is the largest no-load mutual fund […]
Tax saving funds – Let’s kill this category too!
You and I have at some point invested in mutual funds, more specifically, tax saving funds. The tax benefit under Section 80C is too sweet to let go off. And of course, we also get to invest in a market linked, inflation beating instrument. The tax saving funds is a clearly marked out category and almost every […]
