While having key financial skills is important at any age, it’s particularly important when you are entering your 40s. Financial planning in your 40s can be tricky. You are neither too old nor too young. Also, your parents may have…
Category: Personal Finance
International Funds to Allow investments Again. But NOT for Long.
A few months back (February 2022), the Indian mutual funds had to stop international investments as the MF industry had reached its RBI/SEBI specified limit of $7 billion available to invest in international direct stocks. The international funds had stopped…
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How much NAV of Equity funds have fallen vs 52 Week High NAVs?
The value of mutual fund investments are falling as stock markets are correcting. I wrote about what to do with falling mutual fund investments recently. In this post, let's see how the fall in NAV compares with the 52-week high…
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My Mutual funds are Falling. I am Worried. What to Do Now?
The stock markets have been bleeding. And the fall in stock prices is also reflected in the fall in NAVs of mutual funds and the value of most investors’ mutual fund portfolios. I got a few emails and several messages…
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Sovereign Gold Bond FY 2022-23: Series Calendar Schedule (All Tranches)
When is the next Sovereign Gold Bond scheme? Or you may ask: Sovereign Gold Bond scheme 2022-23Sovereign Gold Bond Dates 2022-23Sovereign Gold Bond scheme 2022-23 dates The Sovereign Gold Bond Scheme FY 2022-23 calendar, also called as the Sovereign Gold…
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Mutual Fund Expense Ratio List Comparing Direct Vs Regular Plans (Updated 2022)
I was recently doing a mutual fund expense ratio comparison for direct and regular plans (2022). This was to see which are the Highest expense ratio mutual funds in India as well as the to see the list of funds…
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Cost Inflation Index (CII) FY2022-23 is 331
What is the Cost Inflation Index (CII) for the Financial Year (FY 2022-23) and AY 2023-24? Cost Inflation Index (CII) for FY2022-23 is 331 Cost Inflation Index (CII) for FY2022-23 is 331 For the previous FY 2021-22, the CII Number…
How to make an FD Ladder & What is Fixed Deposit Laddering?
Did you know that Laddering your fixed deposits can help optimize returns and manage your liquidity requirements much better? To be honest, there is nothing new about this approach as many retirees who depend on FD interest income already follow…
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Financial Planning in the 30s sets Strong base for a Solid Financial Life later
In your 20s, life is actually not too burdened with responsibilities and other complexities that come later. You have started earning (well), have very few burdens and responsibilities and are full of energy. It's when you cross from the 20s…
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How your Home Loan EMIs will Go Up due to RBI Rate Hikes?
RBI has already started the rate hike cycle in 2022 due to the fear of inflation going out of hand. It has done it twice till now in less than a month. And this hiking cycle is expected to continue…
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Can Fixed Deposit Double in 5 Years in India? (Updated 2022)
Is there a money double scheme offered by banks or post office in India (2022)? That is, can a post office or bank fixed deposit double money in 5 years? Let’s try to answer this question. We will use the…
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EPF (Provident Fund) plans to invest 25% in Equities: What to Expect?
Your provident fund (or EPF) is not just invested in debt instruments. If you have read my post on Where is your EPF money invested, you will know that EPFO can invest up to 15% of its contribution flows in…
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Quoted (Economic Times) – June 2022 – Taking Home Loan or Use FD to pay for house purchase
I was recently quoted in Economic Times WEALTH (6-12 June 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 to decide whether to…
Read More Quoted (Economic Times) – June 2022 – Taking Home Loan or Use FD to pay for house purchase
Don’t buy Rs 1 Crore cover Blindly. Use Term Insurance Calculator to Decide
Term insurance is the simplest and most effective form of life insurance. It is a life insurance policy where you pay a small premium annually for a sum assured and for a period. The sum assured means the sum which…
Read More Don’t buy Rs 1 Crore cover Blindly. Use Term Insurance Calculator to Decide
Will FD Interest Rates Increase to 7-8%?
If you were looking for positive answers to your questions like when will FD interest rates increase in India, then good times are here for you now. After RBI made it clear that the interest rate cycle has turned, the…