In the previous article, we explored the difference between Direct and Regular Mutual Fund plans. We now look at identifying who Direct plans are best suited for and when they may not be the ideal choice. Direct plans work well for informed investors who can independently evaluate funds, understand risk metrics, interpret fact sheets and […]
For many years, Indian investors invested in Mutual Funds (MFs) without needing to worry about whether a plan was ‘Direct’ or ‘Regular’. Over time, the industry evolved, regulations changed and new options emerged. One such change was the introduction of Direct Plans. Today, investors often hear about Direct Vs. Regular plans through social media, friends […]
Therapy (or psychotherapy) can be A helpful and fulfilling experience. Therapy (or psychotherapy) is meant to be a safe and private relationship between a therapist and the patient. However, because therapy is private, it is easy to believe the various myths and misconceptions concocted around the vague idea of what therapy truly is and […]
Last month, in my office, I encountered a typical case of transmission. I thought it is worthwhile sharing it with our readers. One of our long-standing clients, an elderly Parsi lady’s investments, in her portfolio, when she expired, is worth a few crores. The investments were all made in her single name, but she had […]
The second wave of COVID 19 has hit us all hard and fast. We have lost a number of friends and relatives to this deadly virus. Over the past few months, our office has witnessed an increase in ‘Transmission Cases’ – a process where investments held by the deceased, are transferred either to the joint […]
Marzee Kerawala is a Certified Financial Planner with expertise in Income Tax and Investment products. Managing assets worth over Rs. 4 Billion, his firm ‘NiveshIndia’, designs Tailored Investment Strategy through Customised Financial Planning for individuals and NRIs, and also handles Treasury Management for corporates and SMEs. You can contact him at +91 9987567667 or Email: marzeek@niveshindia.co.in [Website: www.niveshindia.in] Financial literacy […]
. I had earlier highlighted the key changes proposed by the Union Budget 2021 its impact on various employees, investors, tax-payers and consumers. A significant change the budget proposed was taxing the interest on PF contribution (by employees) above Rs. 2,50,000/- as per the employee’s marginal rate. This signifies curtains down for the EEE tax […]
Union Finance Minister Nirmala Sitharaman on February 1 presented the Union Budget 2021 and revised the expenditure target for FY 2021 at Rs. 34.50 lakh crore. She allocated Rs. 2,23,846 crore for health, Rs. 1.18 lakh crore for road infra, Rs. 1,10,055 crore for Railways, outlay over Rs. 3 lakh crore for power and set […]
Market moods tend to swing rapidly, and FY 2020-21 had on display both the extreme highs and lows. We are very close to touching 50,000 points on the Sensex. When I had penned my article in March, 2020, ‘Follow the rules and Investment Karona’, we were close to 26,000 points, never did I imagine I […]
It’s Diwali time, and I was wondering what topic would be most relevant and beneficial to our readers on personal finance. We all do Laxmi Puja, it is a form of worshipping the Goddess of Wealth. But I wonder if that brings divinity to our Wealth? When one uses his wealth to help the right […]
Given the number of requests I have been receiving over the past couple of weeks to buy ‘FAANG’ stocks in my investor’s portfolio and my meetings with the representative of the platforms (which facilitate foreign equity transactions), I thought it is appropriate at this juncture to pen down this article. For the uninitiated, ‘FAANG’ is […]