There is an infamous saying "There’s Something About Gold That Brings Out The Avarice Among Men" We have all read of the Californian Gold rush where people from all corners of the globe rushed to grab their gold. Most returned empty handed. We have also read of the gold hauls of SS Central America and SS Port Nicholson and millions of dollars spent on searching and recovering golden treasu...
We must have all heard the saying "Still Waters Run Deep". Why does this saying remind me of Sectoral funds ?. Sectoral funds require a thorough understanding. We need to tread carefully here. These are funds if handled and used properly can give us great returns and if not thoroughly understood and used can soon bring us to grief. Here this is like a hunter with a single arrow. He has to hit t...
Here I would like to start this article by defining "What Is A Myth". A myth is a story which may or may not be true. It is generally old and its conclusions might have been lost in time. However in general a myth is a story whose conclusion is taken for granted without checking it. Many a time the wrong conclusions are drawn. "He Who Must Catch Fish Must Not Mind Getting Wet" This basically mea...
We have all heard the phrase “Little Drops Of Water , Little Grains Of Sand , Make The Mighty Ocean And The Beauteous Land”, What does this phrase mean ? This basically means that Systematic Investments with thoughtful planning and hard work leads to fruitful gain and immense wealth. Don’t We All Want To Be Rich? Shouldn’t We Give Thought To Our Investment Planning?. Don&...
Aren’t there those times when we see all those beautiful and pricey items in a mall and say. Oh if only we could purchase them, Things are so costly these days. I have no money in my pocket. All my money gets spent literarily before it reaches my pocket. What Should I do About This?, Fortunately the Government of India encourages savings and we have Equity Linked Saving Schemes which are t...
Here you are faced with a dilemma as to which Equity Diversified mutual fund should I pick up. Oh there are so many hundreds of mutual funds. Which one is the best for me? How do I analyse these mutual funds ? What do I need to know in order to analyse these mutual funds? All these questions must be running through our minds .Remember every day is not Sunday. Always invest prudently and wisely ....
Why do you invest in a financial instrument such as an equity diversified mutual fund? Isn’t it for those high returns promised by these funds? Since these funds are known to give high returns shouldn’t we study about these equity diversified mutual funds? Haven’t we heard the phrase "Do Not Put All Your Eggs In One Basket"…Because if the basket falls we all know what h...
Everything you want is a Click Away... Remember those Pop Ups asking us to purchase an insurance policy online... We Are The Best Financial Products Available Online And We Know How To Serve You Best ... Protection Of Your Loved Ones Just A Click Away… Remember that Dream house you wanted to Purchase? We have heard the phrase" Knock And The Door Will Be Opened " Doesn’t purchase of ...
We have all heard of mutual funds and the benefits they provide. Many of us have been approached by an agent or a Distributor who offers to sell us mutual funds. Here from January 1st 2013 Asset Management Companies have to mandatorily introduce direct plans for all mutual fund schemes. It is but obvious that the distributor would not mention this to us unless asked. Let us consider a Distributo...
I would like to start this article by saying that after driving our car for a certain number of kilometers we go for an engine checkup and oiling of its essential parts .Similarly mutual funds just like most financial products needs reforms. The Indian Mutual Fund industry witnessed the entry of a number of Private Sector mutual funds and also foreign fund management companies in the mutual fu...
Direct Taxes 5% surcharge on domestic companies whose income exceeds Rs 1 crore 10 % surcharge on domestic companies whose income exceeds Rs 10 crores Surcharge on Dividend Distribution Tax (DDT) increased from 5 % to 10% Securities Transaction Tax (STT) rates cut on equity futures to 0.01% and for Mutual Funds to 0.001 % Commodities transaction tax (CTT) levied on non-agriculture comm...
We’ve often heard of "the secret of successful investing is to diversify their risk" - so how does one go about this? And what does diversification really mean - does it only mean that one should spread ones portfolio across various types of assets, in terms of cash, debt, shares, mutual funds, deposits etc? Or can one diversify ones portfolio even further? Looking at the investment instru...
Beta This common measure compares a mutual fund's volatility with that of a benchmark and is supposed to give some sense of how far you can expect a fund to fall when the market takes a dive, or how high it might climb if the bull is running hard. A fund with a beta greater than 1 is considered more volatile than the market; less than 1 means less volatile. So say your fund gets a beta ...
Millions of investors have come to rely on mutual funds as their primary investments. If you are thinking of investing in a mutual fund, you should remember that they are only one of the many types of investments and that, as with any investment, you should know and understand the nature and risks of mutual funds and options available to you before you invest any of your money. You can earn mone...
A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is invested by the fund manager in different types of securities depending upon the objective of the scheme. These could range from shares to debentures to money market instruments. The income earned through these investments and the capital appreciations realized ...
The process of identification, analysis and either acceptance or mitigation of uncertainty in investment decision-making. Essentially, risk management occurs anytime an investor or fund manager analyzes and attempts to quantify the potential for losses in an investment and then takes the appropriate action (or inaction) given their investment objectives and risk tolerance. Inadequate risk manage...
There are a few of us who has ever adopted a planned and systematic approach to investing. The approach has always been largely ad hoc in nature. For instance, most of us put an alarm to wake us up in the month of March every year so that we can primarily save taxes and consequently make good investments so that it give us a tax break and would help us to reduce our tax liability. So let us see...
Have you ever invested in stock market…..??? Do you know, what are the options available for a fresher in stock market…..??? There are some points you need to keep in mind before you enter stock market (equity market). While investing in Stock market we have to keep in mind many things like how to invest, how to get trading account, where to invest etc. But the most important quest...
ELSS refers to Equity Linked Savings Scheme. ELSS as the name clearly suggests is a savings scheme linked to equity markets. It is a type of mutual fund, which additionally offers tax benefits to the investors. Equity linked saving schemes is a kind of mutual funds like diversified equity funds with Tax benefits. It is just like other tax saving instruments like National Savings Certificate and ...
If you are a budding investor, got some spare money and thinking of investing in stock markets and for the first time you walk into broker’s office, tell your broker about your interest. The first thing that broker would be telling is “diversification or portfolio construction”. If you know the word its well and good, but if you don’t have any idea about it then you will ...
