Incisive articles baed on data and facts…
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 …
Summary All mutual funds in India have different ‘plans’ – they have a growth plan and a variety of dividend plans. Unlike dividends from stocks, mutual fund dividends are paid out from the fund corpus itself – any dividend then decreases the Net Asset Value of the dividend plan. While mutual fund dividends are tax-free …
In a well-executed plan, reviewing your portfolio and taking the right actions is as important as, if not more important than, the initial selection of investments. In India, you can assume that the choice of mutual funds during review is more than the initial choice of mutual funds. (The mutual fund industry in India is …
Introduction In this short article, we will see the most important ways in which a financial advisor can help you meet your financial goals. These points also can be used as a checklist to evaluate the competence of the financial advisor. Who is a Financial Advisor? Financial advisors come in all shapes and sizes. The …
‘Free’ advice costs you a lot There are many articles that try to establish why regular funds are more suitable for investors. Almost all of them use the following scenarios/models: Advisor/platform providing free advice and logistics for investments in regular funds (free advice model) An investor doing everything themselves and investing in direct funds (Do …
Systematic Investment Plan (SIP) is growing in popularity every month. A good percentage of mutual fund inflows is through SIPs. The public discussion on SIP is so much that some new investors are led to believe that SIP is a product, rather a mechanism. Along with this, there are strong arguments about why SIP is …
In this long write-up, I discuss an engineering (methodical) approach to personal finance. I introduce the concept as growing wealthy using an engineering approach. I then describe the parts of the approach in some detail. A full presentation that follows this approach can be found below. This article previously appeared as: https://freefincal.com/growing-wealth-engineering-approach/ Introduction I use the title …
You are often besieged by a variety of people who offer ‘financial plans’. Most visitors to banks, particularly the private banks, encounter ‘financial planners’. While there could be different views on the usefulness of these planners, there is no doubt about the importance of a Financial Plan as such. Let us look at the reasons …