Recently, I met a distant relative of the same age as mine, in a family function. We caught up after several years so we discussed about our career/professional journeys. When he knew I was an investment advisor and invest in…
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.
Don’t Rush to New Multi-Asset Allocation Funds to avoid Increased Debt Fund Taxation
A few months back, I had written that the removal indexation benefit in debt fund meant that investors would start looking for alternatives. And it was only a matter of time before AMCs found a way around this new development…
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Should you choose Home Loan Tenor of 40 years?
Recently, a home loan lender in India came up with a new offering that allows borrowers to opt for home loan tenor of 40 years! Yes you read that right. 40 years or 4 long decades. Generally, lenders limit the…
Sovereign Gold Bond FY 2023-24: Series Calendar Schedule (All Tranches)
When is the next Sovereign Gold Bond scheme? Or you may ask: Sovereign Gold Bond scheme 2023-24 Sovereign Gold Bond Dates 2023-24 Sovereign Gold Bond scheme 2023-24 dates The Sovereign Gold Bond Scheme FY 2023-24 calendar, also called as the…
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EPFO’s New Formula for Calculating Higher Pension on Actual Salary (Circular June 2023)
The EPFO has released a circular in June 2023, which finally announces the new formula for computing pension on higher salary, instead of the existing statutory limits. That is, now we know what will EPFO use as pension calculation method…
Read More EPFO’s New Formula for Calculating Higher Pension on Actual Salary (Circular June 2023)
How to Plan for International Vacations Every 2-3 years without Guilt (2023)?
A cousin aged 30, recently got married. He and I discuss finances frequently and hence, he asked me one day – My wife and I want to travel and take international vacations every 2-3 years starting from 2023. But since…
Read More How to Plan for International Vacations Every 2-3 years without Guilt (2023)?
Start Booking FDs at High Interest Rates Before They Start Falling Again
Are the good days of high FD rates about to come to an end? The FD depositors have had a good time over the last one year. With the RBI having hiked repo rates by a total of 2.5% in…
Read More Start Booking FDs at High Interest Rates Before They Start Falling Again
Is 20% TCS Rule (of LRS) applicable on Credit Card Spends Abroad from 1st July 2023?
For those Indians who spend money abroad, the Budget 2023 had something in store. The government announced significant modifications in LRS rules and more importantly, that 20% TCS will be applicable on all Foreign Remittances from 1st July 2023. Let’s…
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Should I Surrender LIC New Jeevan Anand & Instead Invest in Mutual Funds (2023)?
Many people at the start of their earning years, had got introduced to LIC via some relative/friend of the family who forced them to buy LIC New Jeevan Anand at the start of their careers as investments and for tax-savings.…
Read More Should I Surrender LIC New Jeevan Anand & Instead Invest in Mutual Funds (2023)?
7 Techniques to Increasing Your Credit Score Smartly
Nowadays, money can be used to purchase anything. Or almost anything. However, not everyone has enough money to do that. And for such people, there are lenders. However, due to the potential risks involved in lending, most financial organizations and…
Read More 7 Techniques to Increasing Your Credit Score Smartly
What is Tax Impact of Depositing Rs 2000 notes In your Bank Accounts (2023)?
RBI recently decided to withdraw Rs 2000 banknotes from circulation. Many people were wrongly confusing this as Demonetization 2.0 but this is just a withdrawal and not demonetization. Still, many people who have Rs 2000 currency notes are worried about…
Read More What is Tax Impact of Depositing Rs 2000 notes In your Bank Accounts (2023)?
LIC Jeevan Akshay VII (No. 857) | Review + Benefits | Should you Buy (2023)?
LIC Jeevan Akshay VII (Plan 857) is an immediate annuity plan by LIC that provides annuity starting immediately to the policyholder on payment of a one-time lumpsum amount. If you want to know more about this LIC Jeevan Akshay VII…
Read More LIC Jeevan Akshay VII (No. 857) | Review + Benefits | Should you Buy (2023)?
Is Small Finance Bank Safe For high interest rate FD (2023)?
As of now, the highest FD interest rates are offered by the small finance banks. And it is natural for people to get attracted to these when other larger and established banks in India are offering much lower interest rates…
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What happens to Fixed Deposits if a DICGC Insured Bank fails in India (2023)?
What happens to deposits of account holders if a DICGC insured bank fails in India? In India, a majority of people have some money parked in bank FDs as these are perceived to be the safest way to save money.…
Read More What happens to Fixed Deposits if a DICGC Insured Bank fails in India (2023)?
How More Direct Plans Outperform Benchmarks than Regular Plans: SEBI Consultation Paper (2023)
Recently, SEBI came out with a consultation paper reviewing the Total Expense Ratio charged by AMCs and the need to rationalize them. You can check the detailed paper here on SEBI website. But there was one interesting insight in the…