Even though NPS is a product designed exclusively for retirement planning, what attracts most people to NPS is Rs 50,000 extra tax benefit it offers via deduction. As per the current tax rules (2019-20), there is an additional Rs 50,000…
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.
Returns of Direct plans are higher than Regular MF plans
I still get queries from readers asking that does it actually make sense to switch their mutual fund investments from regular plans to direct plans. The simple answer is Yes. And I also tell them that since direct plans of…
F.I.R.E – Is going Very Fast really Good?
Recently, my wife showed me an interesting tweet (link): Overrated: How fast you are able to reach financial independence. Underrated: How enjoyable is your journey on way to financial independence. I was like wow! This makes sense. She was quick…
Benefits of Fee-Only Advice
When financial advice is easily available free (as many believe it) from family, friends, colleagues and online, then what can be the reason for paying a fee for getting it? Many in India think like this. There is a general…
Angry Investor. Good Returns a Birthright. Feature not Bug
Many investors are angry. And many more are just plain disappointed. And why not? All those high returns that they came to identify equity with… are suddenly gone. In fact, just in the recent past, things were so rosy. Isn't…
Cost Inflation Index (CII): FY 2019-20 (AY 2020-21) for LTCG Indexation Calculation (Updated)
The Cost Inflation Index (CII) for the Financial Year (FY 2019-20) and Accounting Year (AY 2020-21) is 289. For the previous FY 2018-19, CII was 280. The CII is used to notify the rate of inflation for indexation purpose in…
Explained – Nifty Indices (Nifty50, Nifty Next 50, Nifty 500 & 10 Others)
There are many popular indices in Indian stock markets. You already know Nifty50 and Sensex and you regular lookup for Nifty live or Sensex live data. But these aren’t the only indices as many of you already know. There are…
State of Indian Stock Markets – August 2019
This is the August 2019 update for the State of Indian Stock Markets. This update includes the historical analysis (since 1999, i.e. about 20+ years) and Heat Maps for the key ratios like P/E, P/BV ratios and Dividend Yield for Nifty50 and Nifty500. A new section on the last 12 month's index movements…
How to use Different Mutual Funds for different Financial Goals?
Can all your goals be tackled using mutual funds? The answer is yes, in most cases. But you need to understand that it is in my best interest to say this as an advisor, I also advise on Mutual Funds.…
Mutual Fund Vs. Portfolio Management Service (PMS) – Suitable for Whom?
Till very recently, there was a steadily growing interest among small investors about PMS. In fact, the number of queries on lines of ‘Is PMS better than mutual funds?’ saw a constant rise in the last few years. And why…
Mutual Funds Investment Tips for Millennials
When it comes to investments, the word ‘Tips’ is an overused and an over abused one. But in this post, I try to distil down some thoughts (or call them tips if you prefer 😉 ) for the young investors…
EPF Calculator 2020: Excel based (Free) Download
A good yet simple Employee Provident Fund Calculator or EPF Calculator can tell you many useful things like EPF Maturity value among other things. So if you are a salaried employee who regularly contributes to his / her Employee Provident…
EPF Interest Rate History (Updated 2019-20) & Interest Calculation on EPF Balance
The EPF Interest Rate is 8.65% for the financial year FY 2018-19. This is as per the latest EPF interest rate 2018-19 notification of the government. And the interest rate in the previous year for EPF (Employee Provident Fund) was…
State of Indian Stock Markets – July 2019
This is the July 2019 update for the State of Indian Stock Markets. This update includes the historical analysis (since 1999, i.e. about 20+ years) and Heat Maps for the key ratios like P/E, P/BV ratios and Dividend Yield for Nifty50 and Nifty500. This time (and going forward) a new section on the…
Can You Retire with Rs 1 Crore Today in India?
Recently, a friend told me that he had ‘finally’ managed to save Rs 1 crore (not including his real estate investments). And he was quite happy about this achievement as the first crore is a big milestone no doubt when…