A few days ago, I rebalanced my son’s future portfolio from 67% equity to about 54%. This means selling a big chunk of equity mutual funds and reinvesting them into fixed income. In this article, I explain why I choose ICICI Gilt fund as one component of the fixed income portfolio. I would like to reiterate…
Continue reading →The company which is popular among the railway travellers [Customers] for offering the convenience of online Railway ticketing facility is fancy of investors too ever since it came out with an IPO, and investors lapped up the IPO with 112 times oversubscription; just the way tatkal bookings happen at its popular website, i.e. www.irctc.co.in About…
Continue reading →Here are three apps that can help track and manage your expenses. There are two schools of thought when it comes to expense management. Those who wish to track to a reasonable extent and those who think if we spend after planning investments, tracking is not necessary. Each school of thought has its pros and…
Continue reading →The freefincal Equity Mutual Fund Performance Screener (December 2020) is now available. Use it to screen for consistently performing equity mutual funds. You can screen based on fund category & benchmark and spot mutual funds that have got a higher return than a benchmark at a lower risk. Inside, you get ~ 40% discounted links…
Continue reading →Kotak International REIT FOF is an open-ended fund of fund scheme investing in units of SMAM ASIA REIT Sub Trust fund and/or other similar overseas REIT funds. The NFO period closes on Dec 21st 2020. In this review, we explain how a Real Estate Investment Trust (REIT) works and what kind of return one can…
Continue reading →One sector and market that has always attracted the attention of both investors and customers is the Telecom market, and rightly so the market has gone from a transformation in the past 2 decades in terms of technology, customer reach, telecom service providers, services and whatnot. The question that investors often ask is whether there…
Continue reading →The claim settlement ratio is the number of death claims settled divided by the total number of death claims received. Many people assume/claim that this ratio represents the probability of life insurance claim settlement. Here is why this is incorrect. Take the case of dice used in gambling. A single die is a cube with…
Continue reading →Here are some practical aspects of real estate investing that retail investors should be aware of. The article considers real estate as an investment and does not pertain to property purchase for self-occupation. About the author: Sid Joshi is a technology professional based out of Singapore. He is a keen personal finance enthusiast who loves to…
Continue reading →Here is how you can set up an NPS SIP using the new D-Remit deposit facility and get the same-day NAV on national pension scheme contributions. To ease the process of contribution to the National Pension System(NPS), the Pension Fund Regulator(PFRDA) has introduced a new mode of deposit facility called Direct Remittance(D-Remit) starting from October…
Continue reading →With the Nifty/Sensex zooming to all-time highs within months of the biggest intraday fall when 10-year Nifty SIP Return fell to 2.3%, and 14-year SIP Return to 5%, investors are not happy to see healthy gains and double-digit mutual fund returns. With the natural nervousness associated with a market up move, investors would like to…
Continue reading →To aid active multi-cap funds to benchmark themselves after SEBI changed their asset-allocation pattern, NSE has launched a new index from Dec 2nd 2020, the Nifty500 Multicap 50:25:25 Index. In this article, we review the performance of this index. Since the index is new, the entire historical data (from 1st April 2005) is based on…
Continue reading →ICICI Prudential Quant Fund is an equity scheme that invests in equity and equity-related instruments selected based on a quantitative (quant) model. The NFO period of the fund ends on Dec 7th 2020. This is a review. The scheme information document says the fund can invest up to 95% in equity instrument out of close to…
Continue reading →Here is a list of stocks with momentum and low volatility for Dec 2020 from the Nifty 100. This month as many as 40stocks quality after filtering Nifty 100 with (1) positive 1-year return, (2) positive six-month return, (3) price > 200-day moving average, (4) 50% of daily positive returns, (5) lowest volatility. What is…
Continue reading →Recently, we received a query from a reader regarding some ambiguity in EPF interest rules. The reader was uncertain of how long an EPF account will earn interest if there is no contribution for 3 years or more than 3 years citing EPFO rules. About the author: Anjesh Bharatiya is a 30+ taxman by profession…
Continue reading →Reliance has been the ‘market engine’ ever since it came out with IPO during 1977; this is what many market veterans would like to remember it as. The company has been in the news recently when it completed the sale of about 10 per cent stake in its retail unit to a clutch of foreign…
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