If you had invested र 10 Lacs in Birla Sun Life Frontline Equity Fund – Regular plan –Growth, during the NFO (launch date August 30, 2002) and started withdrawing र 8,000 per month after one year then the current value of your investment would have...Read More
The volatility in the Indian equity market over the past few weeks is sure to have spooked a lot of retail investors. The Sensex fell over 2,500 points from 28,236 on August 7 to 25,741 on August 24, a nearly 10% decline in little over 2 weeks...Read More
Last year I was speaking with a life insurance advisor. Among other things, I urged him to recommend only term life insurance plans to his clients. Term plans are straightforward protection plans and are in the best interest of the insurance buyer...Read More
In the Union Budget of 2021, interest on PF contributions (contribution made by the employee) above Rs 2.5 lakhs will be taxable as per the income tax rate of the employee. This has caused concerns among many salaried investors. In this article, we will discuss about who will get affected by this, how they will be impacted and possible...Read More
LIC Mutual Fund Unit Linked Insurance Scheme is an investment cum insurance product, which offers investments in equity oriented hybrid asset class along with life insurance cover. Launched in 1989, the Unit Linked Insurance Scheme is one...Read More
The whole world is going through the worst crisis in several decades due to rapid spread of Coronavirus. Many countries including India are in lockdown and stock markets all over the world have crashed. The Sensex is down 35% this year, but there are many examples of severe market downturns in the past (see the chart below)...Read More
It’s true to say that once our palate has been served well with a great meal, our hunger subsides and the best of the cuisines would be insipid and unappetising.Similarly, our needs and desires have a strong correlation up to a certain age. So, once we start working, post our education, we often are not able to distinguish between our needs...Read More
Gold as an asset category has a huge cultural significance for Indians. But cultural considerations aside, how is gold as an investment option? Apart from buying gold for weddings and other auspicious occasions...Read More
In its last monetary policy review on August 5 the RBI kept the repo rate unchanged at 8%, as was widely expected. Governor Rajan reiterated the central bank’s commitment to bringing down inflation, signalling...Read More
In the last 2 articles in this series we had discussed that IT and Healthcare sector funds had outperformed the market over the last one to two year periods. In this article, we turn our attention to Banking...Read More