Demonetization Blues: Mutual Fund Performance during the latest Correction

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

How we earned 16.50% p.a. in a fixed income investment

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

Record Keeper – Important Financial Information at One Place

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

Why ULIPs should not be used for investment needs

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