We explain the difference between profit booking and rebalancing using mutual funds in simple language for newbies, Profit-booking is a colloquial trade name for selling stocks or mutual funds. Let us understand profit booking with an example. Suppose you purchased 100 stocks for Rs. 10. The initial investment value is Rs. 1000. After many months,…
Continue reading →A reader says, “My equity allocation is 66%. My target allocation is 60%. But to rebalance, I must shift Rs. 48 Lakhs (approximately) from equity mutual funds to fixed-income instruments. The tax I must pay will be significant, and it bothers me. I invest almost Rs. 4L a month in my portfolio with almost 3L…
Continue reading →Before getting started, let us try to understand the meaning of the term ‘retirement corpus’. Then, we will move on to discuss the four things that can make a dent in your retirement corpus. About the author: Ajay Pruthi is a fee-only SEBI registered investment advisor. He can be contacted via his website plnr.in. Ajay is part…
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 →Interactions with readers since Budget 2024 have made us realise that some investors are unaware of the difference between tax harvesting and portfolio rebalancing. One could also add “profit booking” into the mix. In this article, we explain the difference between these actions. Profit Booking: This is a fallacy. You cannot redeem only profits from…
Continue reading →This is a National Pension Scheme Fund Screener to shortlist consistently performing NPS schemes. You can also spot NPS schemes with a higher return than a benchmark at a lower risk. This is similar in design to the freefincal Equity Mutual Fund Performance Screener. Inside, you get discounted links to our robo advisory tool and…
Continue reading →We all remember Rajesh Khanna belting out ‘Zindagi Ke Safar Mein Guzar jaate jo mukam, woh phir nahi aatein’ and he was right! Our life is a mixture of the good and the bad decisions we make. But there is one thing that keeps us on our toes. There is one thing that keeps us…
Continue reading →This article discusses how the INR to USD exchange rate affects gold prices. Tracking gold-price movements in terms of USD and INR is a simple but intuitive way to understand the strength of our economy. Here are some observations from staring at the historical gold price movement in USD and INR. The domestic price of…
Continue reading →A reader says, “I’m 48 years old, unmarried, and the only son of dependent parents. I work in a MNC IT firm and own two houses (in Mumbai and Bengaluru) and a car. I have term and medical insurance for the 3 of us”. “Unfortunately, a big mistake I have made is having very little…
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 →This year, so many have become first-time crorepatis or well-established crorepatis and have come forward to share their journey on freefincal in the reader story section. This is one such account. Also see: Crossing the Million Mark: Our Journey to the First Crore How I doubled my retirement corpus and became a Crorepati Analyzing the…
Continue reading →A reader says, ” I am a retired person. I have a portfolio of Equity, Debt and Investment Property (second home), which I have rented out to earn income. I have held the property for about 15 years but have not revalued it to the present market price. My Queries are: 1. How often should…
Continue reading →This article compares my stock portfolio with an equivalent investment in a Nifty index fund and the Nifty 100 Low Volatility 30 TR index. We post this comparison each month. Before we begin, new readers need to appreciate the context of these investments. Update: We recently added a new tool to the freefincal investor circle…
Continue reading →This year, so many have become first-time crorepatis or well-established crorepatis and have come forward to share their journey on freefincal in the reader story section. This is another such account. Also see: Crossing the Million Mark: Our Journey to the First Crore How I doubled my retirement corpus and became a Crorepati Analyzing the…
Continue reading →These are the freefincal handpicked list of mutual funds for July-September 2024. New and old investors can use it according to their specific needs. The list is called “PlumbLine” and has been published since September 2017 for beginners to accompany the freefincal robo advisor tool. Most important! Plumbline is a mix of my opinions +…
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