In this edition of the reader audit, we meet a 39-year old unmarried male working in the private sector. He explains how he plans to achieve financial independence, quit his job and move to his native place. I am grateful to readers for sharing intimate details about their financial lives for the benefit of readers. This…
Continue reading →This is a question received on our YouTube channel: “Hi, I am aged 30. New to your videos and blog. I have been hooked to it for the past two days. Can you make a video on “How to invest your 60% equity allocation”? Where, assume I have one crore with me, and I have…
Continue reading →I recently received this email: “I am a 41-year-old salaried single lady, and stumbled upon your blog site recently, in my quest to effective portfolio management. I have realised that I have made lots of financial mistakes to date, like not investing enough in mutual funds or PPF, too much diversification in the stock portfolio,…
Continue reading →Side-hustle seems to be the buzz phrase in the current era. Thanks to the infinite need for money and creative fulfilment. Well, that is right. A side-hustle is not just about income but also about creative satisfaction in addition to the financial rewards. In this article, author and content writer Smriti Tuteja shares some side-hustle…
Continue reading →There are a total of 23 actively managed midcap mutual funds available for investment today. Out of these, 20 are older than five years. This article evaluates how these midcap mutual funds have fared against the Nifty Midcap 150 Total Returns Index. We identify four midcap mutual funds that have outperformed the index consistently. We…
Continue reading →Ramesh asks, “Dear Pattu Sir, I have invested in ICICI Prudential Nifty Next 50 Index Fund Direct Plan via SIP since 2019. I recently read your post in Asan Ideas for Wealth (a Facebook group) that Value Research (VR) has rated this fund one-star. Can you please explain why this is so? Should I continue…
Continue reading →In the previous article, Anil explained how he achieved financial independence without mutual funds or stocks by building a 70X portfolio in fixed income ((where X is the annual expense that will persist in retirement). In this sequel, he discusses how he wishes to invest in the future, lessons he learnt about financial independence and…
Continue reading →Is it possible to achieve financial independence without investing in equity? Yes! In this edition of the reader audit (part one of two), Anil explains how he did it. In March 2020, I received an interesting comment from a reader in response to The Financial Arrow of Time (an account of how I wasted money…
Continue reading →This is a debt mutual fund screener for fund selection, fund portfolio tracking and learning. It also includes hybrid funds that invest in bonds. It will satisfy investors who wish to invest in money market funds, banking and PSU funds etc. The credit quality of the bonds in the portfolio and the bond maturity profile…
Continue reading →In this edition of the reader audit, we meet a 34-year-old with a family of six. He describes his mistakes over the last ten years and lessons learned from them in a candid essay. We feel proud and blessed that readers come forward to generously share details about their financial life to help and inspire…
Continue reading →I started an Rs. 500 SIP in Sundaram Midcap Fund (then known as Sundaram Select Midcap) for an extended family member higher education in Aug 2009. Here are some lessons on investment risk and reward from the investment. Kindly note that I do not count this investment as part of my net worth and have…
Continue reading →This is a passive fund screener based on tracking error and return difference wrt benchmarks. 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 tracking the Sensex…
Continue reading →The Sensex closed past 55,000 on Aug 13th for the first time, and usual trumpets from mutual fund guys blared, “stay invested! The stock market always moves up in the long term”. In this article, we present rolling SIP returns data for the Sensex (1979 to 2021) and the S&P 500 (1900 to 2021) to…
Continue reading →SBI Balanced Advantage Fund is an open-ended dynamic asset allocation fund benchmarked to the CRISIL Hybrid 50+50 – Moderate Index TRI. In this review, we discuss what investors need to know before considering an investment in this NFO. A balanced advantage fund is one that dynamically changes its asset allocation as per market conditions. There…
Continue reading →In this edition of the reader audit, we consider the financial journey of a 31-year-old software engineer (who prefers anonymity). This is how he moved from bank deposits to goal-based investing with mutual funds. We feel proud and blessed that readers come forward to generously share details about their financial life to help and inspire…
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