500+ members in Earn From Skills Group! Thank you!
This is a FAQ of the “Earn from Skills” course.
Continue reading →Sukanya Samriddhi Yojana Interest Rate History 2015 to Present
Sukanya Samriddhi Yojana (SSY) was launched in 2015 as a part of Beti Bachao Beti Padhao campaign. The scheme is specifically focused towards the girl child and is designed as a small savings scheme that can be used as an investment vehicle towards future expenses of the girl child, like education and marriage. In 2019,…
Continue reading →I want to earn money online where should I start?
We see a popular website, YouTube channel or Instagram account and often wonder how much they would be earning. We would like the same too but do not know where to start. Search for “ways to make money online” and you would see the same list everywhere – freelancing, stock trading etc. The problem lies…
Continue reading →How to build a second income source that will last a lifetime
Often, we do not need a calculator to tell us that we are not earning enough. Just the calendar is good enough for us. I often ask the audience in my corporate presentations, “When does your month-end?”. That is when you start looking forward to the next paycheque. Answers vary from 15th to 5th –…
Continue reading →This is how I plan to achieve five crores for retirement
In this edition of reader story, let us peruse a message from Virendra (published with permission) about how he set his finances in order with the help if goal-based investing. In particular, how the result of a retirement calculator drove him into action. His journey is similar to mine – driven by the fear of making…
Continue reading →These four midcap mutual funds have outperformed Nifty Next 50 consistently
In this report, we evaluate how actively managed midcap mutual funds have fared against the Nifty Next 50 Total Returns Index. We identify four midcap mutual funds have outperformed the Nifty Next 50 total returns index consistently.
Continue reading →Nippon India Nifty Smallcap 250 Index Fund: Can I add this to my passive portfolio?
Nippon India Nifty Smallcap 250 Index Fund is an open-ended scheme that will track the Nifty Smallcap 250 Index. Should passive investors add this to their portfolio? Should one invest in a small cap index fund instead of an actively managed small cap fund? If one does choose this index fund, how should they invest?…
Continue reading →Can I get a pension using GOI bonds instead of LIC pension?
Pension is an extremely important part of a personal retirement portfolio. Recent developments in the bond market have made it possible for a retail investor to buy long-term Government of India (GOI) bonds (different from RBI floating rate bond). It is time to ask if a GOI bond can be used for a pension and…
Continue reading →Handpicked List of Mutual Funds Oct-Dec 2020 (PlumbLine)
With the fourth quarter of 2020 almost upon us, we review the freefincal list of handpicked mutual funds. New and old investors can use it according to their specific needs. Called “PlumbLine”, this was started in Sep 2017 for beginners to accompany the freefincal robo advisory template.
Continue reading →These Eight Large and Midcap Mutual Funds are consistent outperformers
These eight large and midcap mutual funds have consistently outperformed the Nifty Largemidcap 250 TRI over every possible three, four and five-year windows since 1st Jan 2013.
Continue reading →When to use a bank overdraft account?
An overdraft account is a type of credit facility offered by a bank in which one can overdraw funds, for example, write a cheque for Rs. one lakh when our account balance is zero. In this article, we discuss when it should be used.
Continue reading →Can I use index funds to get dividend income instead of stocks?
A person with a profile name MoneyGita asks if dividend income can be obtained from index funds (or ETFs) after retirement instead of using stocks. Sometimes the answer to a question in personal finance seems like an obvious “no”, but on closer inspection seems, “why not?!”. A discussion.
Continue reading →Can I use these two index funds for retirement instead of Nifty, Nifty Next 50?
Natesh asks, “I’m 24 and investing for my retirement goal which is around 30 years away. Asset Allocation: Equity 70% and fixed income 30%. Within the equity portion, Axis Nifty 100 Index fund – 75% and MO S&P 500 Index fund – 25%. Is this a good plan? Is it ok to use the Axis…
Continue reading →Should I close my PPF account after maturity or extend it?
I received an unusual question from a reader that said, “my ppf account is nearing maturity. should I close it and invest the amount into equity to correct my asset allocation close to where it should be? Or should I extend the ppf for another five years?”. Unusual because most investors would never think of…
Continue reading →Focused Mutual Funds: Have they given better returns?
Focused mutual funds are schemes that can invest in a maximum of 30 stocks in large cap or mid cap or small cap stocks or across market cap (multicap). The scheme must invest 65% of assets in equity and must mention its market cap alignment. In this article, we find out how focused mutual funds…
Continue reading →