One big advantage that ULIPs have over equity mutual funds is that the maturity proceeds from ULIPs are exempt from tax. On the other hand, the long-term capital gains on the sale of equity mutual … [Read More...] about If you are old, avoid ULIPs
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LIC launched a new annuity plan LIC Jeevan Shanti in September 2018. LIC Jeevan Shanti comes in both immediate annuity and deferred annuity variants. A point to note is that LIC already has a very … [Read More...] about LIC Jeevan Shanti: Single Premium, Guaranteed Pension (Features and Review)
In this post, I will discuss tax benefits for NPS and the tax treatment of maturity proceeds. I will discuss if it makes sense to invest in NPS now or if you should invest in NPS for the exclusive … [Read More...] about NPS Tax Benefits and Tax Treatment at Maturity (Latest)
In one of my earlier posts, I discussed how you can avoid distribution costs by investing in direct plans of mutual fund schemes. I also established the quantum of long-term savings you stood to make … [Read More...] about Why NAV of Direct Plans is higher than Regular Plans of MF schemes
As a non-resident, you may want to take exposure to Indian equity markets. Picking up stocks on their own is not everybody’s cup of team. Such non-resident investors may take exposure to equity … [Read More...] about How can NRIs invest in mutual funds in India?
Mutual Fund Direct plans have been around for over 5 years now. Under direct plans of mutual fund schemes, you invest directly with the mutual fund house. There is no intermediary or distributor … [Read More...] about Performance Comparison: Direct plans vs. Regular plans of Mutual Funds
The awareness about direct mutual funds (or direct plans of mutual fund schemes) is increasing. And why not? You stand to earn higher returns for no additional risk. It is foolish to invest in … [Read More...] about Best Mutual Fund Direct Plan Platforms in India (How to invest in Direct Mutual Funds online?)
Every few months, we see Non-convertible debenture (NCD) issues from various companies. As on date (September 7, 2019), the NCD issues from Tata Housing, Aadhar Housing Finance and IndiaBulls … [Read More...] about Should you invest in Non-Convertible Debentures (NCDs)?
A friend entered HDFC Life office to surrender an existing ULIP. He came out with a new one. Essentially, he surrendered his existing one and was convinced to purchase a new one. As I understand, the … [Read More...] about How Various Charges in ULIPs can damage your returns?
LIC Jeevan Akshay VI is one of the most popular plans from LIC. In fact, it is one of the very few plans from LIC that I do not dislike. LIC Jeevan Akshay VI is an immediate annuity plan. You pay a … [Read More...] about LIC Jeevan Akshay VI: All you need to know (Review)