Switching from Regular to Direct – Mind the tax
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… Read More »Switching from Regular to Direct – Mind the tax
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… Read More »Switching from Regular to Direct – Mind the tax
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… Read More »NO – LTCG on equity does not make ULIPs better
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… Read More »Young Investors – Do’s and Don’ts
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… Read More »Pension Plans – Why you should avoid them in India
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… Read More »Calculators for SIP – Choose the ‘Step-Up’ option
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… Read More »Mutual Fund NFOs – Why you should stay away
Often, new products from LIC are widely promoted. This has been the case with the new Single Premium Annuity Plan – Jeevan Shanti. This is… Read More »LIC Jeevan Shanti Annuity – Should You Buy
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… Read More »Annuity Plans – What, Why, and Why Bother