Incisive articles baed on data and facts…
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 …
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. …
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, …
Often, new products from LIC are widely promoted. This has been the case with the new Single Premium Annuity Plan – Jeevan Shanti. This is billed as a non-participating, non linked plan – which has to be the case with annuity plans. A key feature of the plan is the deferred annuity option. In this …
Summary An ‘Annuity’ is a (financial) product that provides a steady, periodic income, over many years, to the buyer. This part of annuity makes it similar to a pension. Probably due to this, annuity plans are popular in India. In this short article we consider the factors of annuity and look at who it is …
Summary After movies, cricket and politics, tax savings is possibly the most popular topic in India. For a variety of reasons, Indians have been fascinated by the fact that they can save tax outgo by doing something. As an expert said, tax saving bias should be added to the list of biases that investors …
Best Mutual Funds? ‘Best Mutual Fund’ is one of the most common question/search term in personal finance. There are tons of sites that offer a list of Best Mutual Funds, Best Largecap Funds, Best Liquid Funds, etc. Most, but not all, of these sites also list the parameters that they have used to come up …
‘Best Mutual Fund’ is one of the most common question/search term in personal finance. In this article we would look at an easy and quick way to shortlist mutual funds using CRISIL Rankings.