This is a performance review of Tata Equity PE Fund. We find out how consistently it has beat its benchmark and fares against peers in the category. Tata Equity PE fund is a value-oriented fund that tries to buy “good stocks at cheap valuations”. To achieve this, the fund uses several quantitative and qualitative factors…
Continue reading →We discuss how to create a retirement income plan with 27-year old Amar as a case study. We shall consider asset allocation for each year of investment before and after investment and how Amar can derive an inflation-protected income and be financially free after retirement. This is step 11 of Re-assemble, a series on the basics…
Continue reading →This is how I lost Rs. 24,000 on my health insurance claim due to the presence of room rent sub-limits. However, having a policy without such sub-limits is not a bed of roses either. Readers may recall that my mother had ear surgery in Dec 2018 but I thought I got away with the sub-limit…
Continue reading →Dear Dad, I had always heard that God takes good people first. I know you were too good, but why you were so good, Dad? I am writing this letter to you because I am unable to express my feelings to anyone else. It has been three months that you are not with us. I…
Continue reading →This year (AY 2019-2020) if you have capital gains or losses to report for FY 2018-2019, then please wait for revised ITR forms (ITR2 and ITR3). A few weeks back I had pointed out that filing Equity LTCG in ITR2 (AY 2019-2020) is messy (and sometimes incorrect) along with a suggested workaround based on an…
Continue reading →After the series of credit problems in debt mutual funds, many investors would like to know more about buying bonds directly instead of debt mutual funds. To do this, knowledge of basics and familiarity with bond terminology is essential. Therefore I have requested an expert to discuss the basics of how to go about buying…
Continue reading →Avinash Luthria explains why the most important report about mutual fund investing in India was published in April 2010 – the S&P Index Versus Active Funds India report – and how there is sufficient and repeated evidence avoid active mutual funds and change the way we invest. I respect Avinash’s approach to investing especially his realistic…
Continue reading →Personal finance is personal and in general, it is incorrect to claim X or Y action as a mistake. That said, being judgemental (almost always with incomplete information) keeps human society together and I think it reasonable to list a few actions as unproductive and hence unnecessary. Harpring on these can be considered a mistake….
Continue reading →
Yes, that is right! There is no legal obligation for a mutual fund to declare NAV after each business day! SEBI expects them to, yes but the rules are fairly lax in this regard. Let us take a look at what happened after the DHFL crisis. NAV for 3rd June 2019: According to AMFI, For…
Continue reading →As you know by now, DHFL has failed to pay interest on its bonds in time and the NAV of several debt funds fell sharply (and that is an understatement for some!) on Tuesday night. If you are affected, here is what you should do. If you are not affected, here is how you can…
Continue reading →
