So many people make the mistake of assuming that just because an ETF has a lower expense ratio than an index fund, it will result in higher returns (excluding demat account fee and brokerage), There is no evidence to this. The return from an index fund or an ETF depends on several factors. In this…
Continue reading →Happy holi! In this guest post, Pratik Jain discusses the issues and problems a typical young investor fresh out of college faces. You may remember Pratik from his previous post on How to do Online KYC via ETMoney to start investing in Mutual Funds. I am so thrilled that young people less than 25 take an…
Continue reading →Here is a ready reckoner FAQ on the basics Real Estate Investment Trusts (REIT’s) and Infrastructure Investment Trusts (InvITs) in the form of an FAQ. This covers key information for the layman and is meant to serve as a basic introduction. With Embassy office Park REIT IPO, there is a renewed interest in these instruments. However,…
Continue reading →Here is why you should not invest Rs. 50,000 to get additional tax saving in NPS under section 80CCD(1B) in 2019. The following tax deductions are applicable to the National Pension Scheme. (1) An individual can invest a maximum of Rs. 1.5 Lakhs in Tier 1 for tax deduction under Section 80CCD(1) which is part of…
Continue reading →ETMoney is an app which lets you invest into Mutual Fund Direct Plans without any commission or fees (as on date). To start investing in Mutual Funds you need to complete one time central KYC process as per SEBI guidelines. This KYC is valid across all platforms so even if you don’t want to invest…
Continue reading →This is a performance review of L&T Midcap fund. Launched in Aug 2004, it has grown to the 6th position in terms of AUM ( ~ 3,700 Crore). Off the cuff, it appears to be a volatile fund since it has fallen by -7% in the last year, but it has still managed to keep…
Continue reading →Here is a FAQ on Small Finance Banks: Are they safe? Can I invest in their fixed deposits? How are they protected? What are the safeguards? What are these banks for? Let us find out. A FAQ on Small Finance Banks What are they? Small Finance Banks are Banks licensed by RBI under section 22 of…
Continue reading →If you are worried about how much to invest in equity for different financial goals, here is a simple asset allocation template that you use to plan your goals along with several video guides. Investing starts and ends with the right asset allocation or how much should I invest in equity and how much in…
Continue reading →What if my bank goes bust and does not repay my deposit? We all know that the money has insurance of only up to five lakh. How does this work? Who will step in when a bank fails and how do we get back the money? In this age of small finance banks, knowledge about…
Continue reading →In this article, I compare, category-wise, ten-year ULIP returns vs mutual fund returns. ULIPs are currently being sold as a “better alternative” to mutual funds because they are tax free. Investors by looking at the ULIP returns shown below must recognize the huge difference between the best and worst performer in each ULIP category. Since there is…
Continue reading →This is a performance review of ABSL Frontline Equity Fund. We compare the risk and reward of this fund with its benchmark and popular large cap peers. Launched in Aug. 2002, Frontline equity is the largest actively managed large cap fund as on date. Like many of its peers, this too had the freedom to…
Continue reading →It is every parents’ dream and duty to ensure our children can do what they want to in life. It would also be great if our children do not start their earning lives with an educational loan Therefore it is important that we plan and invest right for our child’s future. Here is a simple…
Continue reading →Can I retire at 40 with one crore in India? Is it possible to retire early in India with just one crore? Since the answer is not a simple “yes” or “no” let us do a how to retire early at 40 feasibility check with some reasonable and close to reality assumptions. First, it is…
Continue reading →A new mutual fund investor has to verify ID and address proof. This is known as KYC or Know Your Customer. Here is how you can do online KYC using Paytm money. The facility of online KYC is crucial for direct mutual fund investors who are too busy to visit an AMC office or CAMs…
Continue reading →Here are 18 mutual funds with better than index return & lower than index risk over the last 1,2,3,4 and 5 years! I have calculated this with trailing returns and trailing standard deviation (a measure of volatility) using the freefincal equity mutual fund consistency screener. This is an alternative way of short-listing mutual funds. However,…
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