After the market crash in March 2020, SBI Small Cap and DSP Small Cap funds opened for lump sum purchase. Now SBI Small Cap Fund has announced that it will not accept lump sum investments from Sep 7th (it had opened on March 30th). Does this mean investors should be wary of poor returns in…
Continue reading →As per Finance Bill FY 2020-2021, a person who receives dividend income from stocks and mutual funds must add it to total income and pay tax as per slab. Does this mean investors should stop buying dividend stocks since a portion of it would be lost to tax?
Continue reading →This is a question posed by 35-year-old Prakash: “I would like to get Rs. one lakh a month pension when I retire. How should I invest to achieve this?” A pension after retirement is a necessary component of a post-retirement investment portfolio. However, it is not sufficient. A discussion.
Continue reading →This is a table of PPF interest rates from 1968 to the present. The current PPF Interest Rate (April to Sep 2020) is 7.10%. PPF Interest Rate History 1968 to Present Period PPF Interest Rate 01.04.2020 to 30.09.2020 7.10% 01.07.2019 to 31.03.2020 7.90% 01.10.2018 to 30.06.2019 8.00% 01.01.2018 to 30.09.2018 7.60% 01.07.2017 to 31.12.2017 7.80%…
Continue reading →Stocks with momentum and low volatility for September 2020 are listed in this stock screener for 100 stocks from the Nifty 100. This month 19 stocks quality (two new entrants) 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,…
Continue reading →Portfolio folio rebalancing is like a “system reset”. It is used to remove money from a well-performing asset class (eg equity) and move it to another asset class (eg. fixed income). Investors have many questions regarding this essential portfolio management activity and one of them is: “should I use the best performing mutual fund to…
Continue reading →Are you delaying your investments waiting for the market to fall again? Here is why waiting for the suitable time to invest in the market can an expensive and irreversible mistake.
Continue reading →It seems incredulous to think that the Nifty was 12,174 on 13th Feb and fell 37.5% over the next 39 days to 7610 on March 23rd. Then over the next 158 days, it gained 53% to close at 11647 on Aug 28th 2020. These are 10 mutual funds (from 9 categories) that have moved up…
Continue reading →“My goal is long-term. If my risk appetite is moderate, what kind of mutual funds should I choose?”. This is a common question asked in personal finance forums. We discuss what investors in this situation should do.
Continue reading →The sixth tranche of Sovereign Gold Bonds 2020-21 (Series VI) will be available for sale from Aug 31st-Sep 4th, 2020. The issue price of the Bond per gram during the subscription period will be Rs. 5,117 (down from Rs 5,334 for series V). Demand for these bond is up with Rs 1,990 crore in April…
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