Illustration: Generating inflation-protected post-retirement income

Given a lump sum, how does one generate an income from it? How do we tackle inflation in retirement? Not too long ago, I was under the impression that such questions are asked only by senior citizens.  I soon realized the problem is extremely common.

Many children are trying to optimize income from their parents retirement corpus. Many young (and not so young) people are trying to do the same for their aging relatives.

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Guide to efile Income Tax Return: ITR2 and ITR4

This is a guest post by Aparna C K.  In the first part of the Guide to efile Income Tax Return For AY 2014-15 she covered, creating the efiling login and quick filing ITR-1. Now she describes ITR-2 and ITR-4 utilities. Please  do share this post with people who are yet to file their returns.


In the previous blog we learnt about creating login and quick filing ITR-1. Now let us look at the ITR-2 and ITR-4 utilities. ITR-3 is to be filed by people having partnership in firms, and I have no experience with that, hence not covering it.

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Guide to efile Income Tax Return For AY 2014-15

This is a guest post by Aparna C K.  She has compiled the following guide to e-file income tax return for AY 2014-15.  If you have already filed your ITR, do forward this post to a person who is yet to do so.


How to file ITR using efile website:

Create a login. This is useful for future also.

  1. Go to this site:
  2. Click on Register on the top-right, to create a login. A page will appear asking for details.
  3. This blog targets common people and not any other user type listed. Out of the two options in the first line of the “User Type” page, select individual, unless you know that you are HUF.
  4. Follow the steps. Be sure to enter the correct First name, middle name and Surname as per PAN database. Otherwise check it in this link, using your PAN.
  5. Enter all the necessary details correctly, your registration will be successful. PAN no will be your user ID
  6. Know which ITR you are supposed to file:

a)If you have an income from just salary, house property and bank deposits (Savings, FD, RD, Flexi RD), it is ITR1

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BSE Stocks Historical Price Downloader

Use this Excel tool to download historical prices of all 22,047 scrips listed in the Bombay Stock Exchange (BSE).

This is a companion tool to the S&P BSE Indices Historical Data Downloader (values, PE, PE, Div. Yield) of 27 S&P BSE Indices.)

The scrips are categorised as follows

  • Equity -shares
  • Equity – Institutional Series
  • Debentures and Bonds
  • GOI securities
  • Preference Shares
  • MF – FMPs

You can download the historical price data (along with no of. shares, no. of trades, total turnover) by following 5 simple steps.

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Mutual Fund Investing: Risk vs. Reward vs. Volatility

Nearly two years ago, one of my personal finance influencers, Ramesh Mangal, cautioned me that there is no clear-cut relationship between risk and reward. Although he had pointed me towards proof of the same, I did not pay much heed to it at that time.

Now after being reasonably comfortable with commonly used risk-return metrics like alpha, beta, Sharpe ratio, Sortino ratio etc. I am beginning to understand what he meant.

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