Last week, small savings rates payable for Jan to Mar 2018 were cut by 0.2%. As an investor, you feel unnerved and are thinking if there is something else that needs to be done to get the most of our of your investments. Should you invest in bonds / debt funds? If yes, where? What […]
SBI Magnum Balanced Fund – The cost of trust is huge!
Do you know which is the largest mutual fund scheme in India? No, it is not an equity fund, not even a debt fund. The largest scheme by size is HDFC Prudence – a hybrid equity fund. And it is not alone in the largest funds for this category. There is HDFC Balanced, ICICI Pru […]
Your personal finance life is complicated. Here’s the A4 test.
Hoarders! That’s the word that defines personal finance of several investors. You know at least one such person. Just look at what his/her list of personal finance products and what their investment portfolio contains. Count the number of mutual funds in their portfolio – 20, 30, 40 upto 50 sometimes. Then the number of stocks […]
Does this investment make sense?
Recently, I asked for your help on evaluating an investment product. An executive of a large mutual fund company pitched a mutual fund product. The investment uses a dynamic asset allocation method where they would invest in a set of equity and debt funds based on predefined allocation and also rebalance the portfolio to maintain the allocation. He claimed […]
Here are 10 new tax rules of 2017 that you need to know
With the Budget 2017 and the Finance Bill 2017 of the Government of India approved, there are new tax rules related to taxes that have been introduced. Here are 10 rules that you can impact you as an individual. You need to be aware of the same and thus, possibly benefit from them.
Retirement Planning – Use this calculator to know how ready you are
In an earlier post, we discussed about how much returns to expect from your mutual fund investments. In this post, we use an example of retirement planning and how returns expectation and your investment mix can impact your strategy. Chances are that you are not adequately prepared for retirement. Let’s use the numbers to know where do you stand […]
