For a country like ours, the prices of petrol and diesel can be a touchy subject. I am no economist but nevertheless, I just felt like addressing this burning topic about rising petrol-diesel prices and how it matters (or doesn’t)…
Dev Ashish
Dev is a SEBI-Registered Investment Advisor (Fee Only SEBI RIA). He works with small investors as well as HNI clients across India. If you want to get unbiased, proper and tailor-made financial advice, you can get in touch with him for Goal-based Financial Planning, Retirement Planning, Mutual Fund Portfolio Review and HNI (Affluent) Portfolio Advisory.
1000 point Sensex Fall. It’s not a Big Deal any more!
Today Sensex fell by over 1000 points. To be precise, it fell by -1145 points. I am sure if you follow business new, you will see headlines like ‘Sensex falls over 1000 points!’ OR ‘Sell-Off in Sensex as it falls…
Read More 1000 point Sensex Fall. It’s not a Big Deal any more!
You may not get MF units at your investment day’s NAV
Yes you read it right. And this has been happening since start of February 2021 and has led to dissatisfaction among MF investors for not knowing exactly which day's NAV they would be getting. For investments in mutual fund scheme’s…
Read More You may not get MF units at your investment day’s NAV
Applying for a Credit Card? How to choose Best Credit Card in India (2021)?
When it comes to choosing the right credit card in India, it’s a really tough job. There are hundreds of choices. And as banks see increasing demand for the same, the choices will only increase going forward. The enormousness of…
Read More Applying for a Credit Card? How to choose Best Credit Card in India (2021)?
(Quoted: Hindustan Times) Maximize your Retirement Corpus
I recently got quoted in the national daily paper Hindustan Times. It was for their coverage on how can Indian investors use equity to maximize the size of their retirement corpus. You can check the quote and the full article…
Read More (Quoted: Hindustan Times) Maximize your Retirement Corpus
Is just EPF good enough for Retirement?
Is just EPF good enough for Retirement? That is an important question. And unless you contribute a lot of money every month to Employee Provident Fund (like these HNIs investing in EPF), chances are that your EPF corpus may not…
Markets Up 100% from March 2020 Lows! (Money doubled!)
Remember the crazy month of March 2020? When at one point the index was down almost 40% in a month? And markets made a multi-year low during the month. Things have changed a lot since then. And how so! Here…
Read More Markets Up 100% from March 2020 Lows! (Money doubled!)
Why ULIPs are not a great investment? (My column in Morningstar)
Recently, my thoughts on ULIPs and why they should be avoided (even by HNIs) were published on Morningstar (India). In this one, I try to clear the air about the recent change in taxation of maturity amount of ULIPs and why…
Read More Why ULIPs are not a great investment? (My column in Morningstar)
Sensex Vs. Nifty: Difference & which to choose for passive Index Funds?
For Index funds, is Sensex better than Nifty? Or Nifty is better than Sensex for index funds in India? Lets discuss this in a bit more detail here. Nifty and Sensex represent the most popular and widely tracked Indian stock…
Read More Sensex Vs. Nifty: Difference & which to choose for passive Index Funds?
Is taxable PF interest (Rs 2.5 lakh) rule applicable to PPF?
The Budget 2021 has proposed that from April 2021, interest on any contribution above Rs 2.5 lakh per year in PF will be taxed. There is some confusion among a few people that will this rule also apply to the…
Read More Is taxable PF interest (Rs 2.5 lakh) rule applicable to PPF?
Dynamic Asset Allocation Vs. Multi-Asset Vs. Multi-Cap Funds: Differences
There are tons of mutual fund categories in India now. Due to the recently announced changes in the new Multi-Cap fund allocation rules, there has been some confusion among investors with reference to the differences between Dynamic Asset Allocation funds…
Read More Dynamic Asset Allocation Vs. Multi-Asset Vs. Multi-Cap Funds: Differences
Top 20 HNIs have Rs 825 crore in EPF!
Did you know that the Top 20 HNI account holders have about Rs 825 crore in their EPF accounts. And that one of the highest contributors has more than Rs 103 crore in his EPF account followed by two HNIs…
Which date NAV is applicable for purchase of mutual funds?
To answer the question very simply, from 1st February 2021, whenever you invest in any mutual fund scheme, then you will get the NAV of the day when the invested amount actually reaches AMC’s bank account, and not the day you invest…
Read More Which date NAV is applicable for purchase of mutual funds?
Should you still invest more than Rs 2.5 lakh in EPF?
The Budget 2021 changed the EPF interest taxation rule (details here). Now if the employee contribution to PF (via EPF and/or VPF) exceeds Rs 2.5 lakh in a year, then the interest on the additional amount (above Rs 2.5 lakh)…
Read More Should you still invest more than Rs 2.5 lakh in EPF?
ULIP vs Mutual Funds: ULIPs lose tax arbitrage (Budget 2021)
So after the new announcement in Budget 2021, that ULIPs will be taxed liked MFs if annual premium exceeds Rs 2.50 lakh and hence, ULIPs no longer offer the tax arbitrage that was pushed by ULIP sellers till now. Just…
Read More ULIP vs Mutual Funds: ULIPs lose tax arbitrage (Budget 2021)