AMFI has come out with the latest update (6-monthly) for its marketcap bucketing to identify largecap, midcaps and smallcap stocks in India for January - June 2024 period (based on data up to 31st December 2023. To ensure that all…
Read More 64.4% Largecap | 17.8% Midcap | 17.8% Smallcap – AMFI Marketcap List (for Jan-Jun 2024)
What is the current interest rate of RBI Floating Rate Bonds or FRSB 2020 (T) for January-June 2024? The current or latest interest rate (2024) on RBI Floating Rate Bonds is 8.05% per annum. This for the period between January…
Read More What is Interest Rate on RBI Floating Rate Bonds (January – June 2024)?
There has just one change in the small savings scheme interest rates for the quarter of January-March 2024. PPF interest rates - No Change (remains at 7.1%) - Possible reason like last quarter- Why PPF rates not increased? Sukanya Samriddhi…
Read More PPF 7.1% | SCSS 8.2% | NSC 7.7% | Sukanya Increased to 8.2% for Jan-Mar 2024
This will be a very short post. Here is a list of Nifty50 returns during the last 12 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%…
Read More Just ONE Loss in last 12 Years! Nifty From 2012 to 2023
I was recently quoted in Moneycontrol in an article titled Marry Now, Pay Later? Why wedding loans are not a match made in heaven?" Here is the link to the online version of the article - Link
My views on this topic were recently published in Moneycontrol. The best thing to come out of the exercise that the capital market regulator undertook in 2018 to re-categorise mutual funds was standardisation. The definition of large-cap, mid-cap and small-cap…
Read More Should Sebi widen Definitions to increase No. of Large & Mid-cap stocks?
I was recently quoted in Economic Times WEALTH (18-24 December 2023) in the Q&A section where a panel of experts answers readers' questions related to various aspects of their personal finances. The exact question is given below - Here is…
Read More Quoted (Economic Times) – Prepay Car Loan or Increase SIP?
Sometime back, the Government of France proposed to increase the retirement age in France from 62 to 64 years. And this proposal saw a lot of protests. But people are living longer, healthier lives and the birthrate is at a…
Read More You May Not Work for As Long as You Think. Are you Prepared?
The 3rd series of the Sovereign Gold Bonds 2023-24 has been launched. i.e. Sovereign Gold Bond Scheme FY 2023-24 Series 3 (or Series III). And just to give you a briefer about these gold bonds, the SGBs are government-backed securities…
Read More Sovereign Gold Bond SGB 2023-24 (Series 3): Should You Invest?
I was recently quoted in Economic Times WEALTH (11-17 December 2023) in the Q&A section where a panel of experts answers readers' questions related to various aspects of their personal finances. The exact question is given below - Here is…
Read More Quoted (Economic Times) – A 25-Year Old Planning to Retire at 45
My views were recently published in Mint newspaper (11-Dec-2023) in a column titled Which Financial Products to be wary of? The financial landscape is full of products jostling to grab your attention (and of course, money). And while each product…
If you started in January 2013 with Rs 1 Crore in Liquid Fund (say for example - ICICI Pru Liquid Fund) and did a SWP of Rs 50,000 monthly, then to date, you would have withdrawn a total of Rs…
Read More How to Optimize Rs 50,000 SWP from Rs 1 Crore Corpus for Regular Monthly Income?
LIC has launched a new life insurance plan in 2023 – The name of the new policy is LIC Jeevan Utsav (Plan No. 871), and Jeevan Utsav not only offers life insurance but is also meant to generate regular income…
Read More No, You DON’T Get 10% Guaranteed Returns in LIC Jeevan Utsav Plan (No. 871)
It won’t be wrong to say that Artificial intelligence (or AI) has captured the collective imagination like never before. And the whole foundational concept of AI as well as ML (or Machine Learning) has gone leaps and bounds beyond just…
The government has announced a few investor-friendly changes to SCSS Rules. One of the major one is about the number of times one can extend the SCSS account. As per the latest November 2023 amendment, going forward now there will…
Read More No Limits on Number of 3-Year Extension of SCSS Account (Amendment Rule 2023)
