As I pressed the ‘Next’ button, I was informed that I had got a bonus from the office. Grinning with joy I continued choosing the options that flashed before me on the screen, giving me different scenarios to choose from. Yes, I was playing a game that helped me learn about the principles of personal finance...Read More

Financial planning is the process of defining your goals e.g. home purchase, children’s higher education, children’s marriage, retirement planning, estate planning etc and developing an investment plan to meet your goals. Financial plans help you prepare for big events in your life and ensure financial security...Read More

Reflections and Resolutions are the two sides of the same coin - your financial goals! Reflecting on a range of events from economic trends and market insights you can learn how to manage risks and the importance of goal focussed approach. Reflection is critical not only on the external events...Read More

ELSS or Equity Linked Saving Schemes are mutual funds which enjoy a tax saving benefit under the Section 80C of the Income Tax Act 1961. Investments in ELSS can be made up to a maximum limit of Rs 1,50,000/- per year. This amount can be claimed as deduction from the total taxable income, giving a...Read More

We recently celebrated National Education Day and Children’s Day. The birth anniversary of India’s first Education Minister, Maulana Abul Kalam Azad, on November 11th is celebrated as National Education Day. On this day, we not only remember the contributions of Maulana Azad towards the cause of...Read More

India will celebrate World Investor Week, an initiative of International Organization of Securities Commissions (IOSCO), from 9th to 15th October 2023. In India, World Investor Week is a global campaign to promote investor education and protection. IOSCO is a global association or market regulators...Read More

On 15th August 2023, we will celebrate the 76th anniversary of our Independence. This is a day of great pride for all Indians. For the last 76 years, India as a nation has made great progress. India’s share of global GDP (in PPP terms) was just 3.8% just after Independence. Today India is the 5th largest...Read More

Passive funds are mutual fund schemes which track a benchmark market index. Unlike actively managed funds passive funds do not aim to beat the benchmark index. Passive investments have gained increasing popularity globally, over the last 2 decades, especially in developed markets. In the US, passive equity assets (AUM)...Read More

Mutual funds have come a very long way in India as part of household financial assets. As on 30^th April 2023, there were nearly 15 crore mutual fund folios (source: AMFI). Retail investors and high net worth individuals (HNIs) held nearly Rs 24 lakh crores of mutual funds as part of their financial assets. Systematic...Read More

Passive funds are growing in popularity all across the world especially in developed markets. In the US passive equity assets under management (AUM) has already overtaken active equity AUM (source: Financial Times, June 2022). In the next few years passive will overtake overall active AUM (including fixed income)...Read More