This is an index fund screener based on tracking error and returns difference wrt benchmarks (aka tracking difference). The screener will help a user evaluate how efficiently an index fund has tracked its underlying benchmark. It will also help a understand how tracking a midcap index or the Nifty 100, 500 is quite different from…
Continue reading →Paytm Money announced on July 4th 2022 that it will stop offering advisory, surrender its SEBI RIA license and become a broker for direct mutual funds via BSE StAR. So existing investors will have to get their KYC information re-verified once again if they wish to continue investing via Paytm Money. Paytm Money has clarified…
Continue reading →The impact of inflation over the long term can be devastating to our finances as shown recently – Inflation has reduced Rs. One Lakh to just Rs. 5741 in 41 years! The only way to beat inflation or at least keep pace with it is to invest right. But what does “investing right” mean? Many investors…
Continue reading →The freefincal Equity Mutual Fund Performance Screener (July 2022) 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 two courses:…
Continue reading →A viewer on YouTube writes, “Hello sir, Firstly I just want to call out that your book “You can be rich too with goal-based investing” is just amazing. I have an investment portfolio for the next 15 yrs, for my retirement. My investment is 6 months old. Currently, my asset allocation is 70% equity and…
Continue reading →The income tax department allows certain “professionals” to pay tax only on 50% of their total income on a presumptive basis under section 44ADA of the IT act (t&c apply)*. However, there is plenty of confusion on who is eligible to file returns under ADA and who is not. A discussion. Disclaimer: No part of this…
Continue reading →A few days ago, Suhas made an interesting observation in the Facebook group, Asan Ideas for Wealth: “I noticed that if we carried forward LTCL (long term capital loss) from previous years then that 1L exemption is not applicable”. Why is this so? Is this an error? Let us find out. This article was made…
Continue reading →A reader wants to know if he can now rebalance his portfolio by shifting funds from fixed income to equity since the market is down. A discussion. Yes, we think this market “correction” is a great opportunity to rebalance our portfolios and increase equity exposure. However, this opportunity is only applicable to certain investors. Many…
Continue reading →The income tax department requires that we pay the tax due on our income before specific dates during the financial year. This is known as advance tax. Usually, employers take care of this requirement for the salaried individuals via tax deducted at the source each month. In this article, we discuss how others (professionals, freelancers…
Continue reading →SEBI registered fee-only investment advisor Sriram Jayaram discusses how senior citizens should manage their money holistically in 2022. About the author: Sriram Jayaraman is a SEBI registered fee-only Investment adviser. After 27 years of working in large IT companies in India, he achieved financial independence and retired early to become a fee-only advisor. You can contact…
Continue reading →A reader writes,” Sir, I read your 2021 personal finance audit, where it says, I have been investing for my son’s future since Dec 2009 (a month before he was born). Then it was an 18-year-old goal, and now it has become a 6-year-old goal. Last year I reduced the equity allocation from 67% to…
Continue reading →Each month, we publish a list of stocks with low volatility and momentum. 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 →A reader writes, “Dear Sir, I read two articles that you had rebalanced your long-term portfolios twice last year (April and Sep 2021). I was in two minds after reading this. Should I rebalance now and book some profits into fixed income or should I wait a bit more? I decided not to rebalance because…
Continue reading →We had recently discussed how to enter 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 the sale of property in ITR2 or ITR3. Do check out our earlier articles on tax filing: How to enter mutual fund…
Continue reading →A reader asks, “Can you please write an article on when an investor should capital gains tax after redeeming from mutual funds or shares? That is, which time of the financial year. Should I pay the tax immediately or can I pay in March of each financial year?” The short answer to this question is…
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