Promotion Investing, and tracking investments, using mobile phones has become very popular in India. In this short article, we look at a possible checklist that helps you evaluate the apps. I would not suggest a particular app – one major reason being that this is a rapidly growing segment and there could be a new
LIC’s Jeevan Umang whole life policy – Should you buy?
In the recent days, LIC is running a promotion for its whole life policy – Jeevan Umang. Like any promotion, this campaign highlights the various plus points of the policy, In this article, we compare this investment linked product with a separate investment product and show that it helps to not mix insurance and investment.
Switching from Regular to Direct – Mind the tax
Promotion Direct plans have been a part of the Indian mutual fund industry from Jan 1, 2013. It won’t be wrong to expect that all those who wanted to switch from regular plans to direct plans would have done so. A recent question in Quora indicated that people are still considering thw big switch. In
NO – LTCG on equity does not make ULIPs better
Promotion Unit Linked Insurance Plans (ULIPs) have always been aggressively positioned in India. The recent (re)introduction of Long Term Capital Gains (LTCG) Tax on equity has added another dimension to the promotion of ULIPs. In this illustrative post, we look at how Equity mutual funds still provide better post-tax returns due to their flexibility and
Young Investors – Do’s and Don’ts
Promotion A thread in Quora asked for a list of worst financial mistakes that a person in 20’s can make. The brief answer lists 4 such mistakes. The source of the list is the classic article in ValueResearch Online.Promotion Promotion Buying products only for “saving tax” Waiting for the “right time” to invest Getting
Pension Plans – Why you should avoid them in India
Promotion While it is an unfortunate fact that not many Indian plan for their retirement, there is a more worrisome fact. Even among the few who do plan their retirement, a large majority do it the wrong way by choosing one of the various pension plans. In this short article, we see the major disadvantages