There is a BIG difference between financial planning for retirement (accumulation phase) and financial planning during retirement (decumulation phase). Let’s look at what I mean. In this post, I will limit the discussion to investments. Financial Planning for Retirement (Accumulation Phase) During this phase, you are trying to accumulating funds for retirement. Quite … [Read more...] about Financial Planning For Retirement vs. Financial Planning During Retirement
One of the few things that I remember from induction training on the first day of my professional career many years back is a quote from a presenter that Expectation reduces Joy. From the perspective of a large software company, it was important to have employees with not too high expectations. However, even as an employee, it made a lot of sense. Your expectations about … [Read more...] about The Problem lies not with the Investment but with Investor Expectations
I have been getting many queries about the portals/websites/app investors should use to invest in direct plans of MF schemes. Good to see that the awareness about direct plans is increasing. And why not? It is foolish to invest in regular plans if you are a do-it-yourself investor. You are compromising on returns for no hint of advice. Even for those who need assistance, it … [Read more...] about List of Online Mutual Fund Direct Plan Platforms in India
There is no reason why a Do-it-Yourself (DIY) investor needs to invest in regular plans of mutual fund schemes. There are so many online direct plan platforms around that convenience is no longer an excuse for investing in regular plans. Therefore, it is almost criminal for a DIY investor to invest with say ICICIDirect. Even for those who need assistance in portfolio … [Read more...] about How to switch from Regular plan to Direct plan of a MF scheme?
If you are investing in regular plans of mutual fund schemes from a single aggregator portal, you can have an easy way of looking at your consolidated mutual fund portfolio. By the way, there is no reason why you should be investing in regular plans of MF schemes if you are a Do-it-yourself investor. However, if you are investing in direct plans of MF schemes from AMC … [Read more...] about Looking for a better way to analyze your Consolidated Mutual Fund Portfolio?
SEBI, in a press release on April 26, 2017, issued guidelines for instant redemption from liquid funds and investment in mutual funds from digital wallets such as Paytm. Let’s look at what such guidelines mean for you. Instant redemption in Liquid Funds By instant redemption, I mean that the money will be available in your account in a seconds after you press Redeem button … [Read more...] about Instant Redemption in Liquid Funds and MF invesments through e-wallets
Equity funds are risky but debt funds are safe. Isn’t that what most of us think? That is clearly not the case. Debt funds carry risk too, something that is ignored by many investors. Many argue for debt mutual funds as replacement for replacement for bank fixed deposits. In fact, I have written a post comparing debt mutual funds and fixed deposits and how debt mutual funds … [Read more...] about Don’t ignore the Risk in Debt Mutual Funds
I came across a Whatsapp message recently that a prominent balanced fund was offering dividend of 1% per month. And those seeking monthly income could consider these funds. In January 2016, HDFC AMC fixed the frequency of dividend distribution for HDFC Prudence Fund to monthly i.e. dividend will be paid out every month. Quantum of dividend cannot be guaranteed … [Read more...] about Do not rely on Dividend from Equity or Balanced funds for regular income
Zerodha, the discount brokerage house, has launched a mutual fund platform (Coin) for investment in direct plans of MF schemes. This is yet another portal for investing in direct plans of mutual fund schemes. Let’s look at some of the aspects that you must consider before deciding if you should sign up for Coin. What is the cost involved? The cost is quite attractive. You … [Read more...] about Zerodha launches Coin- A Mutual Fund Direct plan Investment Platform
I have already covered the most aspects in my earlier post on Bank Fixed Deposits vs Debt Mutual Funds. In this post, I will discuss a very specific case when you need to withdraw money before 3 years. In such a case, which investment product should you choose? Debt MF or a Fixed Deposit? Taxation of Fixed Deposits and Debt Mutual Funds Interest income from fixed deposits … [Read more...] about Bank Fixed Deposits Vs Debt Mutual Funds : Part II