What is the current interest rate of RBI Floating Rate Bonds or FRSB 2020 (T)? The current or latest interest rate (2023) on RBI Floating Rate Bonds is 8.05% per annum - For Jul-Dec 2023 period. The rates earlier for…
Read More What is Interest Rate on RBI Floating Rate Bonds 2023?
The government has made a few changes to the small scheme savings interes rates for the quarter of January-March 2023. Here are the changes made - PPF interest rates - No Change (remains at 7.1%) Sukanya Samriddhi rates - No…
Read More PPF stays at 7.1% | Sukanya at 7.6% | SCSS rates increased to 8.0%
This will be a very short post. Here is a list of Nifty50 returns during the last 11 years. 2012: +27.7% 2013: +6.8% 2014: +31.4% 2015: -4.1% 2016: +3.0% 2017: +28.6% 2018: +3.2% 2019: +12.0% 2020: +14.9% 2021: +24.1% 2022:…
Read More Just one loss in last 11 Years – Nifty 2011 to 2022
I was recently quoted in Outlook India Money in an article about Who Should Take A Reverse Mortgage Loan (RML)? Here is the quote from the article (link): Dev Ashish, a Sebi registered investment advisor and founder of Stable Investor,…
Read More Quoted (Outlook Money) – Reverse Mortgage should be Last Resort for Senior Citizens
I was recently quoted in Outlook India Money in an article about Importance of Having Emergency Fund and Where to park the emergency fund? Here is the quote from the article (link): Dev Ashish, a Sebi-registered investment advisor and founder…
Read More Quoted (Outlook Money) – Why Emergency Fund is a Must? And where to park it?
I was recently quoted in Economic Times WEALTH (19-25 December 2022) in the Q&A section where a panel of experts answers readers' questions related to various aspects of their personal finances. This one was about how should a 75-year-old retiree,…
I was recently quoted in Economic Timein an articled titled "Are target maturity funds a good bet now". Here is the link to the online version of the article - Link It is the only way to fetch returns closer…
Read More Quoted (Economic Times) – Dec 2022 – Are Target Maturity Funds a good bet Now?
The latest tranche of Sovereign Gold Bonds 2022-23 has been launched. This is the 3rd tranche of the Financial Year 2022-23, i.e. this is Sovereign Gold Bond Scheme FY 2022-23 Series 3 (or Series III). And just to give you…
Read More Sovereign Gold Bond SGB 2022-23 (Series III): Should You Invest?
With RBI aggressively hiking repo rates to counter inflation, many of the banks have also now started passing on the benefit of higher rates to depositors. While larger banks like SBI, HDFC, ICICI, etc. are nearing 7% in FD interest…
Read More Should I break Old FD to make new Fixed Deposits at higher interest rates?
I was recently quoted in LiveMint in an articled titled "Why prepayment of home loans is better in early years of tenure than later". Here is the link to the online version of the article - Link The article references…
Read More Quoted (Live Mint) – Dec 2022 – Best Time to Prepay Home Loans
While smaller banks had been offering high-interest rates on bank FDs for the last few months, now even the biggies of the field are increasing the FD rates as expected. the 3 biggest banks of India, SBI, HDFC and ICICI…
Read More Bigger Banks (SBI, HDFC, ICICI) Increasing FD Rates (Now at 7%)
When you take a floating-rate home loan from your bank, they generally don't inform you about any changes in interest rates. More so, they are super fast in passing on the increase in rates (due to repo rate hikes) but…
Read More Bank WON’T inform you about Changes in floating Home Loan Rates
What is a Zero-Cost Term Life Insurance Plan that is being sold by insurance companies in India (2025) these days? Is it different from Return-Of-Premium Term Plans and if yes, what is the difference? And is the Zero-Cost Term Insurance…
Read More Should you Buy new Zero-Cost Term Insurance Plan (2025)?
(Updated February 2023) - The RBI increased the Repo rate (again, but not surprisingly) by 25 basis points amid concerns about inflation. And while banks are slow to increase the FD rates, they are quite quick to pass on the…
Read More What is the Impact of Repo Rate Hike on Home loan Borrowers (Existing & New)?
FinFluencers are regular people who use social media platforms (and generally have a large follower base) to share advice on all things related to finance like investing, loans, stocks, mutual funds, etc. More than 99% of these content creators or…
