A reader wants to know, “I have just started a SIP in an equity mutual fund. I plan to continue this for 15 years. Can I expect a 15% return?”. The honest answer is, “No idea. No one knows”. We have discussed this at length before. Do not expect returns from mutual fund SIPs! Do…
Continue reading →Most parents in India are worried about the financial security of their children, especially their daughters. They often ask if there is a specific investment instrument that they should use to save for their children. For instance, I was recently asked, “Shall I use ‘LIC Kanyadaan Policy’ or ‘Sukanya Samruddhi Yojana’ for accumulating a corpus…
Continue reading →Fee-only India (FOI) is a group of SEBI Registered Investment Advisors (RIA) and Financial Planners who only charge a flat fee (independent of the client’s assets, aka fixed fee). The group meets once or twice yearly to help build the advisory service. The last meeting was on June 24th and 25th, 2023. SEBI RIA Swapnil…
Continue reading →We are happy to announce a long-standing bug in the Freefincal Google Sheets Mutual Fund, and Stock Tracker has been resolved. This bug is not a formula or coding error on the sheet but due to an inherent deficiency in Google Sheets. The latest versions of the trackers have been updated with this resolution. Existing…
Continue reading →The latest freefincal Equity Mutual Fund Performance Screener 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 with a higher return than a benchmark at a lower risk. Inside, you get discounted links to our robo advisory tool…
Continue reading →In this article, Atul explains why index investing killed his passion for investing. Atul has an MBA in finance and has worked in different financial and banking establishments over the last 15 years. Over the last 12-13 years, my approach to investing has been pretty much the same. I was intensely passionate about it. I…
Continue reading →In this edition of the reader story, we meet Sriram discussing his journey from working as an electronic engineer to running a non-profit library after early retirement. About this series: I am grateful to readers for sharing intimate details about their financial lives for the benefit of readers. Some of the previous editions are linked at…
Continue reading →Yesterday, fee-only SEBI-registered investment advisor, Ajay Pruthi explained why financial planning is simple but often overwhelming. Today he explains a way out. Ajay can be contacted via his website plnr.in. For the sake of continuity, let us take a look at the last example discussed by Ajay once again. Suppose you have never invested in…
Continue reading →This is my first article after becoming an independent SEBI Registered Investment Adviser. Before starting this article, I would like to thank Mr. Melvin Joseph (founder of Finvin Financial Planners), who has helped me reach where I am today. I have learned everything from him. I do not have enough words to express my gratitude,…
Continue reading →Many of us think of how to build wealth across generations when we think of a rich family business. The truth is, the writer and everyone reading this are building wealth across generations. Allow me to explain. What we are today is only because of the sweat, toil and sacrifice of our parents and their…
Continue reading →We recently discussed entering STCG and LTCG from equity shares and mutual funds in ITR2 or ITR3. We now follow this up with a guide to enter capital gains from selling property in ITR2 or ITR3. Do check out our earlier articles on tax filing: How to File ITR Online (FY 2022-23): A Comprehensive Guide…
Continue reading →We publish a list of stocks with low volatility and momentum each month. We provide data for BSE 500 and BSE 100 stocks. There are now three different screener files available. (1) Stocks with low volatility and momentum from the BSE 100 large cap universe are available as a separate file (2) Stocks with low…
Continue reading →An acquaintance recently learned about my investment journey – Fourteen Years of Mutual Fund Investing: My Journey and lessons learned. He then asked me if I had stopped investing and why I was still working. I replied that I would like to keep working and continue investing for as long as possible. He suddenly sounded…
Continue reading →In this edition of the reader story, we have a most interesting account of Shankar (not his real name), who was burdened with debt for several years. He is now debt free and rapidly building his equity portfolio. This is quite a different journey compared to the earlier edition: My Journey to a Ten Crore…
Continue reading →We recently ran an anonymous survey for clients of fee-only advisors who are part of Freefincal’s curated list and fee-only India – 964 clients have participated. Swapnil Kendhe is one of the most sought-after advisors on our list. One hundred fifteen of his clients participated in the list, and 97% had the most wonderful things…
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