I came across this fascinating study carried on Indian MF schemes between 2000 to 2017. It is a numerical & historical explanation of what we call – Hindsight Investing. Let’s meet the ghost… Isn’t it paradoxical that you invest for 5 years plus but look for 1 year best returns fund! We are well awareRead More
Analysis of Arogya Sanjeevani Policy
Health Insurance is a crucial matter – especially after times like Covid 19. In simple words, Health Insurance is insurance that provides cover against medical emergency expenses. It should cover almost all the diseases whether critical or common depending upon features of the policy. Being affordable is one of the features most look for. SoRead More
Changes in Personal Finance from 1 April 2021
The Financial Year 2020-21 will close on 31 March 2021. Like all new financial years, the new FY 2021-22 will have new tweaks & changes to your personal finance. The top Changes in Personal Finance from 1 April 2021 will be: Changes in Personal Finance from 1 April 2021 1 . EPF deduction above RsRead More
Why Mutual Funds Have Cash in Portfolio?
What Cash? In an Equity Schemes? Yes, in a pure Equity Scheme. Well, this might surprise some of you but Mutual Funds Have Cash do hold a good amount of cash in its portfolio. Mutual Fund Hold Cash to almost 5-10% in normal times & can go up to 50 to 60% in unfavorable marketRead More
Understanding Overseas Citizen of India (OCI)
Indian Citizenship is singular and non-ambiguous. This means In India we do not have a concept of Dual Citizenship. You are a Citizen of India or Not. But what if you have ancestors in India? You have moved a few generations ago and settled in another country and became a citizen of a foreign country.Read More
Understanding RNOR Status & It’s Benefits
Many NRIs who have spent considerable time working abroad, are very keen to shift to India to spend the later part of their life. When you are coming back to India, you need to understand the financial framework & tax laws, investment rules & regulations, governing bodies & many financial institutions. To smoothen the transitionRead More