This is a debt mutual fund screener for fund selection, fund portfolio tracking and learning. It also includes hybrid funds that invest in bonds. It will satisfy the requirement of investors who wish to invest in money market funds; banking and PSU funds etc. The credit quality of the bonds in the portfolio and the…
Continue reading →This is an updated demo of the freefincal robo advisory template. I walk you through the template’s capabilities and how you can create a complete start to finish financial plan with it. More than 410 DIY investors and financial advisors are using the robo advisory template. Get the freefincal robo advisory software template to plan…
Continue reading →Does your child want the new Sony PlayStation 5(PS5)? Maybe they want an Xbox? Maybe you know a friend who is planning to buy these. However, do not buy these gaming consoles! In our new ebook, tech expert Ravi Kumar presents a step by step guide for non-techies with all relevant resources to build a…
Continue reading →I am happy to announce the release of our new e-book: How to profit from content writing. Two professional content writers, Smriti and Deepti share their experiences and insights on how to create effective content, how to become a freelance content writer and generate regular side-income. You can buy the book at a 50% discount…
Continue reading →In this article, we discuss if investors should bother reading mutual fund scheme information documents. To do this, we first discuss the purpose of a mutual fund scheme information document (SID), how to read it and how to use it. The scheme information document is defined by SEBI’s master circular for mutual funds as a document…
Continue reading →Shushanth asks, “dear Pattu Sir, thank you for the recent articles about gilt mutual funds, but I think they are too volatile for me. Can I use banking and PSU funds instead of gilt funds for long-term goals?” The underlying assumption here seems that Banking and PSU debt funds are “safe” and less volatile than…
Continue reading →Many of us struggle with money management decisions because we are judging “right vs wrong”, “good vs bad” with incorrect benchmarks. Our definition of what is simple and what is complex in personal finance is also incorrect. If personal finance is more personal than finance, then simplicity in personal finance is also personal. When we…
Continue reading →Mirae Asset NYSE FANG+ ETF is an open-ended ETF tracking the NYSE FANG+ Total Return Index. The Mirae Asset NYSE FANG+ ETF Fund of Fund is an Open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF. The NFO period of both funds begins today (April 19th 2021). In this review, we…
Continue reading →In the second part of the FAQ on gilt mutual funds, we consider the correlation between equity and gilt movements. An analyst would calculate this using a correlation coefficient and create a matrix. This is not intuitive to the average investor. So we shall seek the answer to a simple, direct question: If equity MF…
Continue reading →Dear reader, if you are working with a SEBI registered fee-only advisor, kindly help by providing feedback on your experience with the engagement. This will immensely help the investing community and fee-only financial advisors become better at what they do. The feedback form is completely anonymous and will only take a few minutes of your…
Continue reading →Here is a simple formula to check your progress to financial freedom. It can tell you how long you need to be a salaried employee and shift the focus of portfolio review from returns to the corpus worth and, in the case context of retirement, how long would it last. It will work in any…
Continue reading →We answer a set of questions on gilt mutual funds asked by investors. Interest in gilt mutual funds has increased for two reasons: credit events in debt funds and a gradual reduction in PPF interest rate. We wanted to write an article on selecting gilt mutual funds but realised that before we get into the…
Continue reading →We shall be publishing an exclusive passive fund screener based on tracking error and return difference wrt benchmarks starting this month. The screener will help a user evaluate how efficiently an index fund has tracked its underlying benchmark. It will also help a understand how tracking a midcap index or the Nifty 100, 500 is…
Continue reading →This is my monthly retirement stock portfolio update compared with an equivalent investment in a Nifty index fund. Before we begin, it is important for investors to appreciate the context of these investments. I started direct equity investing only after achieving a comfortable level of financial independence and ensuring my son’s future portfolio is in…
Continue reading →We had pointed out on April 7th that since the market has lost momentum, now is a good time to rebalance our portfolios if there is a need for it. I have just rebalanced my retirement equity portfolio for the first time in nearly 13 years (video below). In response to this, a viewer on…
Continue reading →The TER (total expense ratio) of the Tata Nifty Index Fund shot up from 0.05% to 0.15% on 5th April 2021. From 16th April UTI Nifty Index fund will charge a TER of 0.18% instead of 0.1%. From 15th April 2021, HDFC Nifty and Sensex Index funds will cost twice as much – from 0.1%…
Continue reading →Over the past few days, several readers have asked, “Is this the right time to start buying gilt mutual funds?”. This is because of our repeated stress on gilt funds being a suitable choice or accompaniment to EPF/PPF for long-term goals. See: PPF vs Gilt mutual funds: Which has done better over 15 years? And Why I…
Continue reading →The interest in index investing is growing in India, but few understand what indexing is and why it works. In this article, SEBI registered fee-only advisor Swapnil Kendhe explains the basics of indexing and why it is effective. About the author: Swapnil is a SEBI Registered Investment Advisor and part of my fee-only financial planners’ list….
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