Changes in your Mutual Fund Scheme – The Way Forward

If you are an existing investor in mutual fund, you may have received emails from your mutual fund companies informing you about certain changes in the schemes that you have invested. Chances are high you might not have opened the email and in case you did, you did not read it completely or did not understand what it meant. This blog is for you to understand what these mutual fund changes mean and what impact these changes may have on your investments.

Why the changes?

To begin with, let us first understand the reasons

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Mutual Fund – Kaun Sa Sahi Hai? How to Choose a Debt Fund

In my last blog, I had mentioned about the things to keep in my mind while investing in equity funds. In case you haven’t read that yet, it is available here. In this, I will tell you how to choose a right debt fund.

Most often, when we come across mutual funds, the only things that comes to your mind is save tax and invest in equities for a really long period of time. But this is just one small part of the mutual fund industry. What is often missed is the larger space of investing possibilities in debt funds.

Most agents do not want to sell a debt fund as the commissions are low and the expertise required to understand them is high. Banks never

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Mutual Fund – Kaun Sa Sahi Hai?

Thanks to some great marketing campaigns and real ground work by mutual fund companies, mutual funds have gained mass acceptance among the young investors. We can comfortably say Mutual Fund, Sahi Hai!

This positive change has brought along with it another problem. The problem of plenty. With over two thousand five hundred

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Financial Well-Being – Six Resolutions for the New Year

It’s that time of the year where all of you are making resolutions for the new year. While you deliberate on the resolutions you want to make, here is my recommendation of six resolutions that you should make for your financial well-being.

Resolution 1: I will stick to the below spending pattern.

You earn to spend and save. A careful division of how you save and spend can be the difference between ‘being prosperous’ and ‘want to be prosperous’. The ideal range for your spending and saving is outlined below. Your income is divided into four categories Continue reading

Finding the right financial advisor – Six qualities to look at

After my last post, you would be in a good position to know how to start investing. In case you have not read it yet, you can find it here.

A couple of incidents over the last few days prompted me to write about this very sensitive issue – how to choose the right financial advisor.

The first incident happened when I visited a private bank who claims to ‘understand our world’ to deposit a cheque. As expected,Continue reading

Best Way to Save Tax – 6 Steps to ‘Look at’

Just yesterday I went to buy a pack of chips to eat while watching India hammer Australia in yet another cricket match. What I thought would be a 2-minute exercise took me more than fifteen minutes. No, it wasn’t the crowd in the shop, but the crowd on the shelf. I thought I will just go and pick up a Spanish Tomato or an American Cream & Onion which I regularly do. But I was Continue reading

Stock Market Crashes – What to do?

Yet another day where the stock markets close on the negative. Business channels are already gloomy and there is a visible mourning with lots of red everywhere. What awaits us tomorrow morning is newspapers of all colours with headlines stating thousands of crores of investor wealth destroyed in a single day. Add to it Continue reading

Savings Vs. Investment – Is there a Difference?

 

In India, the terms “saving” and “investing” are almost always used interchangeably. Most of the time, we refer to longer-term goals, for example—“I’m saving for my son’s college education.” But we also treat “saving” and “investing” the same way; that is, we use the same approach or asset types to pursue a goal, whether short-term or long-term. For instance, while accumulating money for retirement, we try to determine “How much cash should I keep in my portfolio?” Or in another instance where one considers his stock funds his “emergency money.”

Saving. Investing. It’s all the same, right? Not necessarily.Continue reading