Best Mutual Fund Apps in India

Best Mutual Fund Apps

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 […]

LIC’s Jeevan Umang whole life policy – Should you buy?

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.

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Switching from Regular to Direct – Mind the tax

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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 […]

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NO – LTCG on equity does not make ULIPs better

LTCG on equity does not make ULIPs better

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 choice.  […]

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Young Investors – Do’s and Don’ts

  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 JagoInvestor Buying products only for “saving tax” Waiting for the “right time” to invest Getting high on debt, […]

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Pension Plans – Why you should avoid them in India

Pension Plans - Why you should avoid them in India

While it is an unfortunate fact that not many Indians 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 of […]

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Calculators for SIP – Choose the ‘Step-Up’ option

SIP calcualor - always use the step-up option

Systematic Investment Plan (SIP) is growing in popularity every month. A good percentage of mutual fund inflows is through SIPs. It is so popular that many new investors think that SIP is a product or plan, rather than a simple investment arrangement. A large number of calculators exist to help one with planning a SIP. […]

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Mutual Fund NFOs – Why you should stay away

Pension Plans - Why you should avoid them in India

New Fund Offer (NFO) is done by a mutual fund house when they launch a new scheme/fund. Investopedia describes NFO this way: What is a ‘New Fund Offer – NFO’ A new fund offer (NFO) is the first subscription offering for any new fund offered by an investment company. A new fund offer occurs when a fund is launched, […]