I regularly write against mixing investments and insurance. I highlight issues in the cost structures of various investment and insurance combo products. Regular readers would know that I like mutual funds for investments. However, I must concede that the mutual fund companies do not really smell of roses. I have written about many issues with their intent and communication to … [Read more...] about Mutual Funds: The Expense Ratio Trick
SEBI Registered Investment Adviser
HDFC Life Sanchay Plus is a Non-participating traditional life insurance plan. That means the payouts are guaranteed. There is no market risk or risk associated with varying annual bonuses. You know upfront what you are getting into. Moreover, it is a deferred payout plan i.e. maturity value is paid over a period of time. Let’s find out more about HDFC Life Sanchay Plus and … [Read more...] about Review: HDFC Life Sanchay Plus: The good and the bad
You start with a certain asset allocation mix. At regular intervals, you bring your portfolio to original asset allocation mix. Let’s say you have Rs 20 lacs to invest. You have two asset classes Equity and Debt. You invest Rs 10 lacs in Equity and Rs 10 lacs in Debt. Asset allocation of 50:50. During the next 1 year, Equity gives 20% returns while Debt gives 5% … [Read more...] about What is Portfolio Rebalancing? How it helps?
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 involved. Hence, you save on intermediary costs. This reflects in better returns as compared to regular plans of MF schemes. Under regular (or distributor) plans, you invest through a … [Read more...] about Performance Comparison: Direct plans vs. Regular plans of Mutual Funds
Are you looking for a financial planner or financial adviser? Who would you go to? There is no dearth of choices. Let’s look at some of the common financial advisers/ planners/agents you may encounter: Mutual Funds Distributors (MFDs) or Independent Financial Advisors (IFA) Insurance Agents Bank branches/ relationship managers SEBI Registered Investment Advisers (SEBI … [Read more...] about What is better for you: A Fee-only Financial planner or a Fee-based planner?
I get many inquiries about financial planning or investment advisory services. During the follow-up discussion, a few prospects go cold once we start talking about the fees. I do not deny affordability can be an issue. A few perhaps feel that the advice (value) is not worth the price. I am quite finicky about who I onboard as a client. A few prospects are lost there too. Fair … [Read more...] about The Cost of a Poor Financial Product is much higher than the cost of Professional Investment Advice