We all work for money. But, does having lot of money make us rich and wealthy? Does it take away the ‘stress’ from your daily life? Financial Freedom is much more than having money. Financial Freedom means you are able to do what you enjoy without worrying about how it might impact your finances. Financial […]
Archives for November 2015
Best Debt Mutual Funds in India – Details & Comparison
Debt Mutual Funds offer several benefits. But most of the small and retail investors know little about them and prefer to invest in Fixed Deposits or Recurring Deposits. Debt Funds can give better returns than your Savings Bank Account & Bank deposits. Safety of capital is almost the same with both the options (Debt MFs & […]
Children’s Gift Funds – Mutual Fund Schemes – Details, Comparison & Review
As a caring parent you would always want your child to get the very best. Investing for a child’s bright future is one of the most critical financial goals. In the name of ‘child’s bright future’, parents are always lured with all kinds of financial products by financial advisers or financial institutions. Child Plans offered by Life […]
FATCA Compliance Requirements & Impact on Your Mutual Fund Investments
All existing and new investors of Mutual Fund schemes have to comply with a new compliance and reporting requirement called ‘FATCA Declaration‘. If you are an existing MF investor you need to submit FATCA self-declaration form by 31st December, 2015. If you do not meet this compliance requirement then fresh investments (SIP or Lump sum) will not […]
Debt Funds : Types, Benefits & Risk Vs Return
Based on the ‘investment objective’, the mutual fund schemes can be broadly classified as either Equity Funds or Debt Funds. This classification is based on the asset allocation of the fund’s investments. Equity Funds invest in Stocks / Shares. Equity Mutual Funds typically ensure that they invest at least 65% in equities and the rest in fixed income […]
If Life is unpredictable, INSURANCE can’t be optional
One of my blog readers asked me – ‘Sreekanth, I observe that you have been publishing more articles on Insurance planning than any other category, why is it so? Why do you give so much importance to protection planning?’ My answer to this question is – Life has become very unpredictable. It is OK to […]
