9

In the last month, the Nifty fell by 7.7%! Out of which 3.32% was just yesterday! Yesterday I wrote a short note with a few suggestions for new equity investors at such a time of carnage. In this post, I would like to expound on that.

Just as I was thinking about ways to do this, I saw an email from a Phd student addressed to the entire department: "the press conference announcing the discovery of

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1

SEBI wants mutual fund commissions to be explicitly mentioned on account statements. As expected, the mutual fund industry is reluctant to!

It is the mutual fund investors right to understand how the NAV per unit of a mutual fund is calculated taking into account,

  • trail commissions (applicable only for regular funds)
  • Custodian fee, RTA fees, audit fees,
  • AMC fees (profit) out of which some amount is given an upfront fee
  • small amount towards investor awareness programs.
  • upfront commissions and special commission or bonus incentives paid from the AMC fees

Ref: How MF distributors earn their commission

This could be incomplete/old because I don't know the full story, and as an investor, it

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6

Here is an illustration of the most important factors  that we need to keep in mind while choosing health insurance.

Health insurance policies are riddled with window dressing. That is, the features advertised by insurers are often tertiary or downright unnecessary while considering the purchase of a policy. I have written a guide on How

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9

Worried about turbulent markets? Thinking about stopping your stopping your SIP instruments? If you believe that our economy is bound to grow and that we should profit from it, I would strongly suggest that you do not stop your SIPs or equity investments now. Instead use the time to accumulate more units.

Let us track the XIRR of a SIP in Franklin India Blue Chip Fund from 3rd June. 1996 to 3rd Feb

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2

Do you know what your investing growth rate is? No, I am not asking about your investment growth rate or CAGR. I am referring to your investing CAGR - the rate at which your investments have increased over a period of time.

When I made my first retirement calculator about 6/7 years ago, the first thing I realized was  the importance of adding the rate at which investments increase as an input

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