Many parents like mine need a handholding and care. I noticed this when last week I visited a “sarkari bank” with my parents to renew Life Certificate (for pension). I met many elderly couples and singles who are struggling with issues like depleted PAN card or inability to write a simple application or fill theRead More
Rationale Behind Concentrated Portfolios
There is a category of equity MFs which invest in 25 or say 35 stocks only. This concentrated portfolio equity mutual fund strategy is marketed as an aggressive management. But when we speak about mutual fund benefits, the important point is DIVERSIFICATION. If a portfolio is concentrated in few stocks or few sectors, will itRead More
Fixed Deposit Vs Mutual Funds Comparison : Part 2
In part one of the Fixed Deposit Vs Mutual Funds comparison, we analyzed the existing and new ways to invest in Debt Mutual Funds. Now its time to dig deeper and learn why one should invest in Debt Funds, What are the risks in debt Funds and how these risks can be countered. Also, let’sRead More
Fixed Deposit Vs Mutual Funds : Part 1
Can Mutual Funds be a substitute for Bank FDs? Honestly NO- as substitute theory works when two things are identical. The basic nature here is different as FDs give fixed returns whereas MFs are market linked. So ideally MFs can be used to fill shoes, but one must understand the risk & returns of theseRead More
New Investor’s Baggage : Unrealistic Returns Expectations
You know Demonetization was not a “demon” for the investment industry. In fact, papers are pink with praises how physical asset lovers changed loyalty and started sailing with financial assets. But a new investor someone who started in 2016 or 2015 has started on a very high note. He has only seen green pasture andRead More
Types of Income Tax Notices : My Own Story
“The income tax created more criminals than any other single act of government.”–Barry Goldwater. I know how it feels when we receive a notice through inbox or through post. But all income tax notices are not a finger on you. Many time IT department send you communication using the various income Tax Sections. Let’s seeRead More