Yesterday Reserve Bank of India Monetary Policy Committee reduced the Repo Rate by 25 basis points. This is a huge trigger for home loans and other consumer loans. This Diwali will be full of offers. The major beneficiaries will be Banks, NBFCs, and Mutual Funds, especially the debt funds. Debt Funds & RBI Monetary PolicyRead More
Relationship Status Change & Its Impact – Part 1
The times are changing for good and now we have come from the orthodox route of having relationships and family. The generation now is freer to be and choose any kind of relationships they want to be in. The relationships that you are in or when you change it or circumstances change your relationship itRead More
Equity Investing is a Marathon NOT a Sprint
Equity investing is now under so much research and eye glazes because it is at a point that nobody has seen. Nifty crossed 10000 this week for the first time in history. Our philosophy has been that Equity is long term investments and market levels do not matter to us. But this milestone can beRead More
PM Vaya Vandana Yojna PMVVY 2020
Update till 10 June 2020. Pradhan Mantri Vaya Vandana Yojna or PMVVY is a Pension Scheme announced by the Government of India exclusively for the senior citizens aged 60 years and above which is available from 4th May 2017. It was officially inaugurated by then FM Late Sh Arun Jaitley on 21/07/2017. The Scheme canRead More
Who Is an NRI PIO OCB ? Know the rules
If you see Gujrat’s phenomenal success and want to learn the first lesson from it- It would be involving NRIs or Non-Resident Investors in the growth. Now many states like Rajasthan, MP, Telengana, AP are following this model. NRI PIO OCB – all want to invest in India whether it is their personal investments orRead More
Make Liquid Funds Part of Your Budget
You may call it by any name Liquid Funds Contingency Fund or Money Market Fund, this category has shown a deep acceptance among retail (small) investors. Although the bank deposit or the money lying in savings bank account is much higher than mutual funds combined all schemes. But if we see from 2012 the trendRead More