If you are planning to move out of India or you are working in a company and got an opportunity to work out of India than there are few things you need to plan before shifting abroad. This ebook is comprehensive NRI checklist of all the preparations you should make. Financial & Personal… We areRead More
The Game of Expense Ratio
IPL just concluded and mutual fund lovers must have noticed the advertisement campaign of “Mutual Fund Sahi Hai”. Do you wonder who pays for these advertisements? IPL is a costly medium to display your product. Well, the answer is YOU PAY for these. Surprised? But this is the outcome of a game called “expenses ratio”Read More
How Much Cash to Hold in Your Portfolio?
You know last week in news it said: “ Indian Forex Reserve is down by 1% due to increase in fuel bill”. So a country is also concerned about its cash balance. We all know what happened in 1991 and how Dr. Manmohan Singh tackled the situation. So cash is really important in managing aRead More
BSBD Account : A No-Frill Easy Way to Do Banking
Did you notice that now, for unused or dormant bank accounts, no more we receive message mentioning that we have negative balance figure like “credit balance of -973 Rs”. This is because now banks have a category of savings account called the BSBD Account or Basic Savings Bank Deposit Account. So now dormant accounts withRead More
What Is Offer Document & KIM? Should You Read Before Investing?
All Mutual Fund advertisements ends with “Read the offer document carefully before investing”. But have you read one? Are you sure your agent/advisor has read one? Well, Offer document & KIM are tough & non-fiction reads. So many of us do not bother to go through offer document & KIM before investing. Let see inRead More
Voluntary Provident Fund – A Good Choice in Fixed Income
Very few instruments have “fixed rate” & “tax-free” tag associated with them. Considering last year when rates in fixed deposits were at lowest and debt funds being highly volatile, Voluntary Provident Fund is an ideal choice for debt investments. Let’s see the details. The advantage of investing in voluntary provident fund lies in the factRead More