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
Withdrawal Strategies During Retirement Phase
We all know – Retirement is the Withdrawal Phase. If you are not on pension, you can plan your annuity from your investments. This can be done using the below methods as Withdrawal Strategies During Retirement Phase. This ensures needs regular income & planning future goals. One has to check the expenses now, expenses likelyRead More
Budget 2021 Impact – Investment, Taxation & NRI
This was 3rd Budget of the current finance minister. The overall reaction has been positive. This is because most of the things have been taken care for. The others which disturbs the pace have been left for now. Here is how Budget 2021 will impact your Savings, Taxation & Investments. Budget 2021 Impact on TaxationRead More
How I Spent 2020 as Financial Advisor?
Can you enjoy a relationship without committing to one? OK, pretty emotional start… right? So let me rephrase – Can you enjoy the weather sitting on a closed balcony or enjoy a cold shower without getting wet? You may wonder why I am asking this? Most of the investors want 2 definite things – OneRead More