So you thought debt mutual funds were safe ? One always gets to hear about bloodbath in the stock market when the Sensex tanks. Investors lose their shirts in seconds, rarely do you hear about losing money in debt funds. This changed on July 16th. Banking System The Reserve Bank of India (RBI) decided toRead More
What to consider before you invest ?
Do you know what to consider before you invest your hard earned money ? Before we get there, my observation is that we Indians are generally superb savers and sloppy investors. Loosely translated, that means that each month we save money (good budgeting, eh ?) out of our monthly salaries that we bring home. ButRead More
List of RGESS eligible mutual funds
Now that RGESS eligible mutual funds are hitting the market, what should you do with all the options that you have – which ones should you choose and which ones should you avoid ? The temptation to put in money must be huge given the fact that it is being sold as a tax savingRead More
Is investor ignorance the biggest reason for mis-selling ?
Have you ever been mis-sold an insurance policy ? I write this at the back of this LiveMint article which says that investors lost 1.5 trillion Rs due to insurance mis-selling over 7 years. It is worth pondering why this would happen. Investor apathy In my mind, the biggest reason for this is investor ignorance.Read More
Best ways to save income tax in India in 2013 [infographics]
If you belong to those sea of people who are looking at some of the best ways to save income tax in India in 2013, look no further. This is your guide which will help you choose the tax saving investment options. Many investors must be looking to invest their money to save tax forRead More
TATA AIA Life iRaksha Supreme Online Term Plan – ‘You click, we cover’
TATA AIA Life Insurance company has launched it’s online term insurance plan called TATA AIA Life iRaksha Supreme. For those who are new to the concept of term insurance being sold online, please be aware that there are other insurance companies life ICICI Prudential, HDFC Life Insurance, Aegon Reliagre among many others who have alreadyRead More