What had been a fairly decent year for the equity markets till September 2016 was marred by demonetization in the last two months of the year. The markets gave up most of the gains and ended up marginally positive for the year. Nifty 500 (the index which we feel represents the broader Indian market) reached … Continue reading Demonetization Blues: Mutual Fund Performance during the latest Correction
At Capital Surge, we actively track about 50 equity mutual fund schemes by various AMCs. These funds have been shortlisted based on their ratings on Morningstar. Below, we provide a review of the best and worst of mutual fund schemes in 2016. A word of caution – this summary is purely based on the schemes' … Continue reading The Best and Worst of Mutual Funds in 2016
In November 2013, we made a case for investing in the 20-year tax free bonds of Housing and Urban Development Corporation ("HUDCO") which paid a tax free interest of 9.01% to retail investors. Just to recap, our reasons for recommending the same included the following: Tax-free rate of 9.01% was much better than the after-tax … Continue reading How we earned 16.50% p.a. in a fixed income investment
We all love our family and would do anything to secure their well being. Their happiness, prosperity and security mean the world to us. We all want them to be well provided for, even in our absence. However, you must realise that savings and investments by themselves will not ensure a smooth and happy life for them. In your absence, it … Continue reading Record Keeper – Important Financial Information at One Place
Whenever we are asked to analyse anyone's investment in ULIPs, we are reminded of how poorly they have fared. Here is what we had to say trying to explain why these might not be suitable for investment purposes: Why we would not recommend ULIPs for investment purposes Although there are many reasons for not investing … Continue reading Why ULIPs should not be used for investment needs
Dear subscribers, we are happy to share a news about which we are super excited!! Our article on debt funds has been published in Chandigarh and Ludhiana edition of HT Money today. Please feel free to tell us ways in which we can improve the same. Note: Please note that name of one of the … Continue reading Our article in HT Money – A death blow to debt funds?
While the public at large seems to be confused about what to make of the budget, investors in debt mutual funds would surely give it a thumbs-down. This is because of a seemingly “slight” change in the tax treatment of debt funds proposed in the budget. Existing tax regime for debt mutual funds Debt mutual … Continue reading A death blow to debt mutual funds?