Author

David M

SIP

What is a SIP?

What is a SIP? Systematic Investment Plans (SIPs), as the name suggests, allow investors to invest in Mutual Funds in a systematic manner. A SIP is linked to the investor’s bank account and deducts a predetermined amount towards a specified…

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Fund Review: Axis Long Term Equity Fund

NAV: Rs. 17,426 crore (As on 28th February 2019) Exit Load: 0 P/E Ratio: 20.40 Expense Ratio: 1.93% Turnover: 103% The Axis Long Term Equity Fund is an open-ended, actively managed Equity Mutual Fund that predominantly invests in large-cap company…

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Fund Review: HDFC Small Cap Fund

NAV: Rs. 6,312 crore (As on 28th February 2019) Exit Load: 1% for redemption within 365 days P/E Ratio: 15.62 Expense Ratio: 2.12% Turnover: 15% The HDFC Small Cap Fund is an actively managed, open-ended Equity Mutual Fund that carries…

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Post Office Monthly Income Schemes

The Post Office Monthly Income Scheme (POMIS) is a Government of India backed Saving Scheme launched by India Post. The scheme allows the account holder to make deposits into this account which carries a maturity period of 5 years. Monthly…

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Portfolio Building: 7 Rules to see you through

In this article, we are going to discuss some of the basic rules for building a comprehensive financial portfolio. These rules are applicable to almost any type of financial portfolio When it comes to financial well-being, having a well-structured portfolio…

Tax

Income Tax Rules for NRIs

The Indian Economy majorly depends upon the tax collection for its citizens. This includes the NRIs non-Residential Indians as well, working and earning abroad. There is a lot of difference in the rules and regulation as applied on NRIs compared…

General

URN and Aadhar Updates

What is URN? URN stands for Update Request Number which is a unique code allotted to you while you apply for changes or updates in your Aadhar details. The URN code is irrespective of the mode of the request which…

Mutual Funds

Fund Review: SBI Bluechip Fund

NAV: Rs. 20,395 crores (As on 19/2/2019) Exit Load: 1% for redemption within 365 days P/E Ratio: 22.92 Expense Ratio: 1.96% Turnover: 76% The SBI Bluechip Fund is an open-ended, equity mutual fund that primarily invests in equity and equity…

Mutual Funds

Fund Review: Mirae Asset Emerging Bluechip Fund

NAV: Rs. 6,444 crore (As on 28/2/2019) Exit Load: 1% for redemption within 365 days P/E Ratio: 19.45 Expense Ratio: 1.96% Turnover: 78% The Mirae Asset Emerging Bluechip Fund is an open-ended, equity mutual fund that seeks to provide its…

Personal Finance, Senior Citizen

Investing vs Saving

Savings and Investing are two words that are often used interchangeably, but these two words do have very stark differences. One important thing to know is that both of these are extremely important components to achieving financial independence. The main…

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