Debt mutual funds are promoted as products that give ‘better returns’ than fixed deposits, while being quite safe. This is of course not true. Debt funds carry more risks than bank deposits. Another popular misconception is around one category of debt funds – Liquid funds. They are almost universally (mis)regarded as a direct alternative to […]
Index Card for India The original Index Card for personal finance was published by Harold Pollack here: Index Card It became quite popular and the author co-wrote a book on it. In a great episode on Freakanmoics Radio, Pollack listed the rules this way. The transcript can be found here (Search for Pollack if you […]
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 app […]
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.
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. Interestingly, a recent question in Quora indicated that people are still considering the big switch. In […]