UTI S&P BSE Low Volatility Index Fund is an open-ended scheme tracking the S&P BSE Low Volatility TRI. In this review, we evaluate the pros and cons of investing in this fund currently in its new fund offer period. Regular readers may be aware that we have proclaimed the benefits of low volatility investing for…
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 →Suresh asks, “Can you please write an article on which type of debt mutual fund should be used for a long-term financial goal? Can we use liquid funds for these?” For those who make the effort to understand how they work, debt mutual funds offer unique benefits. That said, most retail investors can stick to…
Continue reading →In this edition of the reader story, we meet a DIY investor who has transformed his approach to money management from making random purchases to a focused goal-based portfolio. 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…
Continue reading →A reader asks, “I will turn 50 this year and am considering retirement. How do I find out the corpus required for retirement in 2022? My annual expenses are about Rs. 6.5 lakhs ” As mentioned in a recent article – I thought a pension was unnecessary but age taught me a retirement planning lesson! –…
Continue reading →In this article, we discuss the pros and cons of using a reverse mortgage as an income source after retirement. How does a reverse mortgage work? Suppose you live on your own property with your spouse. You mortgage the house to a bank in exchange for a lump sum or periodic payment. That is, you…
Continue reading →In this FAQ aimed at beginners, we discuss the role of inflation in personal finance. This is written for laymen by a layman. An academically precise account of inflation taking into all factors responsible is beyond our scope. 1: What is inflation? Inflation is the general rise in prices in prices over time Just like…
Continue reading →The freefincal Equity Mutual Fund Performance Screener (Feb 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 →In this article, author and content writer Smriti Tuteja discusses some financial aspects that couples should keep in mind while planning a family. About the author: Smriti is an author, artist, freelance content writer and avid reader. She quit her six-year-long IT career to embrace her love for writing. Her article – How much money…
Continue reading →I have been making retirement planning tools for more than 11 years now. During this time, thanks to a combination of luck and discipline, I have been able to achieve financial independence. While my risk appetite has increased, I have also become more conservative in planning for retirement. I have come around to see the…
Continue reading →In this edition of the reader story, we meet 31-year old GB. When family responsibilities were suddenly thrust on him, as a 24-year old, he realised his family had a five lakh debt to clear. He cleared it, arranged his sister’s marriage and his own marriage with proper planning and no debt. He is now on…
Continue reading →The Navi US Total Stock Market Fund of Fund will track the CRSP US Total Market Index by investing 95% to 100% of its assets in either the Vanguard Total Stock Market ETF (VTI) or the Schwab Total Stock Market Index Fund (SWTSX). Assuming the AMC will choose the Vanguard Total Stock Market ETF (VTI) the…
Continue reading →Asan Ideas for Wealth (AIFW) is a personal finance group on Facebook. It is on the threshold of a major milestone – one lakh members. In this article, we trace the growth of its membership and how it has helped members manage money better. The group is owned by its sole admin – the one…
Continue reading →Here is a list of stocks with low volatility and momentum for Feb 2022 from the Nifty 100. You can also get the historical data from March 2019 to Feb 2022. We filter Nifty 100 for (1) positive 1-year return, (2) positive six-month return, (3) price > 200-day moving average, (4) 50% of daily positive…
Continue reading →Budget 2022 has not increased Equity LTCG Tax from 10% to 15%! The mention of 15% was a reference to the capping of the surcharge on LTCG from other assets. An explanation. How does surcharge work: If your income is Rs. 100 and the tax is Rs. 30 and the surcharge applicable is 10%, then…
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