Kid’s Education and You (KEY) is an initiative by SEBI registered investment advisor, Melvin Joseph to help children from low-income families with a monthly payment of Rs. 2000 from donors. The initiative now helps 260 children thanks to your support. A report and how you can be part of KEY to help out. On Aug…
Continue reading →The consolidated monthly Account of the Union Government of India up to the month of June 2019 for the Financial Year 2019-20 was recently released. The total spending is Rs. 8,15,944 crore. This is 431% more than its total revenue!
Continue reading →There is an uncanny pattern to mistakes mutual fund investors make regardless of their experience. Here are five such common mistakes. Avoiding these can significantly help your portfolio.
Continue reading →The fifth tranche of Sovereign Gold Bonds 2020-21 (Series IV) will be available for sale from Aug 3-7, 2020. The issue price of the Bond per gram during the subscription period will be Rs 5,334. Demand for these bond is up with Rs 1,990 crore in April and May 2020 because Gold beat Sensex over the…
Continue reading →Here is why one or more sources of passive income is an important part of our retirement plan. Not only can it boost our income and reduce capital market risk in retirement, but it can also keep us engaged and agile. Here is how we plan for it. With August 1st called “World Wide Web…
Continue reading →SEBI has recently announced several important changes to its investment advisor regulations. Many freefincal readers and Facebook group Asan Ideas for Wealth members have played a role in influencing these changes. SEBI registered investment advisor Avinash Luthria explains what these changes are and how it would impact you.
Continue reading →This is a list of factor-based ETFs and index funds, also known as smart beta funds or strategic funds, available in India as of July 2020
Continue reading →On Jan 2nd 1979, Gold per troy ounce (about 31.1 grams) was Rs. 1792.85. On 24th July 2020, 41 years later (41.6 years technically), the price was Rs. 142343.67. That is a CAGR or an annualized return of 11.1%. There is however a catch though.
Continue reading →We review the performance of ICICI Prudential US Bluechip Equity Fund to determine if it has managed to outperform the S &P 500 TRI index in INR. We ask if it makes sense to invest in an actively managed S&P 500 fund or choose the passive route with Motilal Oswal S&P500 index fund.
Continue reading →Recently, the Income Tax Department introduced some key changes in Form 26AS. What used to be a simple tax credit statement available to every taxpayer is now a complete blueprint of your high-value financial transactions. What are the new changes in form 26AS? Will they help the taxpayer?
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