The finance bill has been passed today with amendments. While most parts of the finance bill is already part of the Hon. Finance minister’s budget speech, there is a big change to the taxation of debt mutual funds which has come as a boulder from the blue! Debt funds will be taxed as per your […]
Huge tax shock for Debt fund investors Read More »
I read the book by Monika Halan a few years back. I regard this book as one of the best books on personal finance by an Indian author. Her style is very simple and to the point. She starts every chapter with an example which helps us to relate easily with the topic she discusses.
Book review – Let’s talk Money Read More »
Higher education in the best universities of the world is a dream for many of our children today. While the US and UK have been the sought after destinations for higher education, there are several new Universities India which can compete with the best Universities of the world. The cost of higher education has however
The dilemma of financing higher education Read More »
A friend called me today with this question “I am checking my investment in a mutual fund. The NAV shown in the AMC website is different from the NAV shown in Zerodha coin app. Why is this difference?” I explained to him that his investment is probably in a regular plan which is why the AMC
What is the cost of free advise? Read More »
Wishing you and your family a very happy new year! As we all celebrate to welcome the new year, let us focus on our well being. The year 2020 has taught us lessons of a lifetime. The importance of emotional health. When can we have good emotional health? Only when our family is healthy and
Happy new year 2021! Read More »
What are Gilt funds? Mutual funds which invest only in Government of India bonds are Gilt funds. These bonds are highly liquid and are free from default risk as the government can always print rupees at will. Gilt funds have been in existence for over 20 years. Before we get into the topic of this
Gilt funds have performed very well, can I invest now? Read More »
There seems to be a sudden interest in Dividend yield funds. This could be due to the New fund offer from HDFC Dividend yield fund. What is special about this category? is it worth investing in it? Let us find out. Before we get into the topic of this post, you can check out fee-only financial
Dividend Yield funds: Should I Invest in it? Read More »
Wishing you all a very happy and prosperous Diwali/Deepavali! Let this festival of lights give us freedom from the virus which has plagued our lives for the past 8 months! Let us get light after so many months of darkness and staying at home fearing for the virus! It is time to take stock of
Review of Largecap funds this Diwali Read More »
Last week, I was pleasantly surprised to get a call from a corporate entity. The request from the caller was to conduct a financial planning session for their employees who are nearing retirement. The parameters given to me was that their employees (between 10 and 15) were retiring in the near future and would be
Presentation for employees of a company nearing their retirement Read More »
What is Sovereign Gold Bond? Sovereign Gold Bond or SGB is a bond issued by RBI. It has a maturity duration of 8 years and pays 2.5% per annum interest paid half yearly. There is an early redemption option provided at the end of 5th, 6th and 7th years. It can be traded on the
Sovereign Gold Bonds – all you need to know Read More »
