Nifty Next 50 index funds have gotten popular over the last few years. As expected, the index caught the fancy of investors on the back of strong performance from 2014 until 2017. However, not many investors benefited from this because there were not many index fund options to invest in this index. Not that the funds would have attracted money because the AUM chases the … [Read more...] about Nifty 50 vs Nifty Next 50: Performance Comparison
Pradhan Mantri Vaya Vandana Yojana (PMVVY) was launched in May 2017 to provide a long-term income option for senior citizens in the country. This assumes importance in the wake of the low-interest rate scenario we find ourselves in. Fixed deposits are getting renewed at lower rates. This poses problems to those senior citizens who rely on interest income to meet regular … [Read more...] about All you need to know about Pradhan Mantri Vaya Vandana Yojana (PMVVY)
Many investors are worried about their debt fund investments. You cannot fault investors. Their hard-earned money is at stake. Moreover, when some of the AMC CEOs are busy peddling their credit risk funds despite the Franklin mess, it is not easy to trust the industry. Your confidence is likely to suffer. How do you build you fixed income portfolio without debt mutual … [Read more...] about Using ULIPs to build our Fixed Income Portfolio: A Smart Strategy?
Many of us invest in aggressive hybrid funds (balanced funds) to earn good returns with lower volatility. We believe that the equity portion will provide the upside and the debt portion will cushion the downside. Over the long term, this may result in better absolute returns than even a pure equity fund (or at least better risk-adjusted returns). Has your hybrid fund … [Read more...] about Has your Balanced Fund (Hybrid) delivered value?
Franklin debt mutual fund fiasco has many debt MF investors worried and rightly so. It is their hard-earned money at stake. The worry is that the corporate bonds in the portfolios of their schemes may experience default. We discussed in the previous post how you can check if your debt mutual funds are safe. However, as an investor, your concern shouldn’t be limited to just debt … [Read more...] about The Credit Risk in your Hybrid Mutual Funds
The Reserve Bank of India has released the calendar for Sovereign Gold Bond Scheme, 2020-2021. The Bonds will be available for subscription in 6 monthly tranches from April 2020 to September 2020. For the tranche that is now open for subscription in August 2020, the subscription price is Rs 5,334 per gram. For online subscription, there is a discount of Rs 50 per gram. … [Read more...] about Sovereign Gold Bonds 2020-2021: Should you invest?
If you are looking for a one-word answer, my answer is “Yes”. You must continue investing in Public Provident Fund (PPF). In the remainder of the posts, we look at why. PPF interest has been cut to 7.1% p.a. for the April-June 2020 quarter. This is the lowest PPF interest rate has ever been. The impact of the rate cut in PPF and SSY (Sukanya Samriddhi Yojana) accounts … [Read more...] about At 7.1% p.a., Should you invest in PPF?
Update (June 30, 2020): The interest rates for the small savings schemes including PPF, SSY and SCSS have been left unchanged i.e. the interest rates for the July 1-August 31, 2020 quarter shall be the same as for the April 1-June 30 quarter. Update March 31, 2020: Interest rates for PPF, Sukanya Samriddhi (SSY), Senior Citizens Savings Scheme (SCSS) have been cut sharply in … [Read more...] about Latest Interest Rate for PPF, SSY, SCSS and other Small Savings Schemes
LIC has launched two new ULIPs in March 2020, LIC Nivesh Plus (Plan 849) and LIC SIIP (LIC Systematic Investment Insurance Plan, Plan 852). LIC Nivesh Plus is a single premium ULIP and I reviewed the plan earlier in this post. On the other hand, LIC SIIP plan, it is a regular premium plan. As I see, the nomenclature has been chosen to ride the popularity of ULIPs. Though … [Read more...] about LIC SIIP Plan (852): Regular Premium ULIP from LIC: Should you invest?
LIC has launched two new Unit-Linked Insurance Plans (ULIPs) in March 2020, LIC Nivesh Plus (Plan 849) and LIC SIIP (LIC Systematic Investment Insurance Plan, Plan 852). LIC is a behemoth in traditional life insurance plans and has not been very active in the unit-linked products space. The private insurers have been super-active in the ULIP space and have shown a fair … [Read more...] about LIC Nivesh Plus (849): A New ULIP from LIC: Review