Corporate (or company) Fixed Deposits are just like bank fixed deposits. The only difference is that the borrower is a company (and not a bank). I had written a detailed post on whether you should consider investing in such corporate fixed deposits. The aforesaid post covers various aspects about such fixed deposits from companies. In this post, I will dig deeper into … [Read more...] about Corporate Fixed Deposits: Do not fall for misleading interest rates
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
Avoid bad financial decisions is as important as making good ones. But what influences you to make such good or bad financial decisions? Your decisions are a reflection of your financial habits i.e. a reflection of who you are as an investor and as a person. In this post, we will look at 5 financial habits that you can affect your financial lives adversely. #1 Think more … [Read more...] about 5 Financial Habits that can ruin your Financial Life
Affordable housing is one of the major focus areas of the present Government. Pradhan Mantri Awas Yojana (PMAY) was launched in 2015 to promote affordable housing. Under PMAY, the Government launched Credit Linked Subsidy scheme (CLSS) to provide relief to such buyers who take loan to purchase or construct a house . Under the scheme, the Government, through its nodal agencies … [Read more...] about How Interest Subsidy is calculated under Credit Linked Subsidy Scheme in PMAY?
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