If you had Rs. 1000 in the year 1980, it would just be worth Rs. 63 in 2021 (down from Rs. 66 in 2020 and Rs. 68 in 2019) if we use the cost inflation index (CII) data published by the government. The trouble is this index is an underestimate and out lifestyle has changed…
Continue reading →This is an analysis of my stocks portfolio which has so far fetched a total absolute return of 22.58% (including dividends). Before we begin, several caveats and considerations are necessary. (1) The stock portfolio is about 16.5% of my equity mutual fund retirement portfolio; (2) The portfolio is relatively young and both the absolute returns…
Continue reading →In this article, we talk about the financial considerations in deciding between buying a new car vs used car and how to optimise our purchase and maintenance. We will touch upon other non-financial and practical considerations too. You may also refer to the prequel article in which we talked about the general Financial Considerations and…
Continue reading →Everyone amongst us shops online these days. Online shopping offers us the convenience of buying at our fingertips, doorstep delivery of goods, discounts on the MRP and much more. While we as finance enthusiasts tend to look at only the returns on our investments, savings also play a significant role- especially when your total corpus…
Continue reading →This is a term insurance buying guide that covers all the need-to-know essentials before you purchase a term insurance cover. About the author: Ragesh G R is a Software Architect with 13 years of experience. His interests are computers, personal finance, cars, technology, maths and music. He helps his friends and family with their personal…
Continue reading →Readers may recall, a year ago (Dec 21 2019), we showed that the return difference of Nifty 50 vs Nifty 50 Equal-weight index at an all-time high. This essentially means that only the top few stocks of Nifty were holding the market up. This was apparent from late 2017 to just before the 2020 crash:…
Continue reading →As regular readers may be aware, we publish a personal financial audit each December. This time, we asked regular readers to share how they review their investments and track financial goals. Suhas kindly agreed to share his method. You can also follow his regular reviews in his blog linked below. About the author: Suhas Bharadwaj…
Continue reading →We study 41 ELSS funds to find out which of them have consistently outperformed the NIfty 200 Total Return Index (dividends included) using the Dec 2020 equity mutual fund screener. Nifty 200 is a representative benchmark of the ELSS category in which funds are typically large cap oriented. since it is market capitalization-weighted, the index…
Continue reading →This is a review of HDFC Infinia Credit card one of the best super-premium cards available in the country. It’s the top of the line among the cards offered by HDFC Bank in terms of the benefits offered. About the author: Arjun is a financial services professional, keen about all things personal finance and with…
Continue reading →Here are some FAQs for NRIs returns from abroad concerning the facilities and status of different bank accounts and their tax implications. About the author: Shri R Vijayaraghavan is a Senior Banker retired from Indian Overseas Bank. Previously he worked in State Treasury and has vast experience in banking, investment wealth management and treasury. He is…
Continue reading →Manojkumar is a college student with interest in day trading. He aspires to be financially independent one day. In this account, he shares his lessons from two years of tracking the charts. Investors tend to take a disrespectful holier-than-thou approach towards traders without often realising they are essential for market stability. Yes, trading is not…
Continue reading →Dear all, I have started a free Facebook group on content writing with membership perks for anyone looking to write good content and anyone looking to start freelancing as a content writer. It is also suitable for bloggers or financial advisors or small business owners who wish to use content to get more business. Membership…
Continue reading →Parag Parikh Long Term Equity Fund has now become Parag Parikh Flexi Cap Fund, in order to fall in line with the SEBI Multicap MF Rule issued in Sep 2020 forcing multi caps to invest in 25% in midcap and 25% in smallcap stocks and taking advantage of the new scheme category introduced in Nov…
Continue reading →The e-vote to decide on the winding up of six affected Franklin Templeton debt funds will be held during 26-29 Dec 2020. Here is why investors should vote “Yes” to the closure and gradual disbursal of withheld funds instead of “No”. Ideally, SEBI should have played an active role in the matter, told Franklin to…
Continue reading →A few days ago, I rebalanced my son’s future portfolio from 67% equity to about 54%. This means selling a big chunk of equity mutual funds and reinvesting them into fixed income. In this article, I explain why I choose ICICI Gilt fund as one component of the fixed income portfolio. I would like to reiterate…
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