M. Pattabiraman's Blog, page 109

Mirae Asset Tax Saver Fund Performance Review

This edition of the fund performance report looks at the Mirae Asset Tax Saver Fund. Launched in Dec 2015, the fund has an AUM of more than 13,000 Crores. Disclaimer: Fund performance reports present return and risk analysis of a fund with representative benchmarks and not investment recommendations. It must be expressly understood that the data below...

The post Mirae Asset Tax Saver Fund Performance Review appeared first on freefincal.

Our journey: From scratch to a net worth of 18 times annual expenses

In this edition of the reader story, 37-year-old Siva shares his financial journey from scratch in 2014 to a net worth of 18 times annual expenses. About this series: I am grateful to readers for sharing intimate details about their financial lives for the benefit of readers. Some of the previous editions are linked at the bottom...

The post Our journey: From scratch to a net worth of 18 times annual expenses appeared first on freefincal.

Should I invest in a tax saver index fund?

IIFL has launched a tax saver index fund (passive ELSS fund). We have received several messages from readers wanting to know if they can invest in this. We are disappointed to receive such emails (some from those claiming they are our long term readers). Getting enticed by shiny objects is a huge investment mistake. Whether...

The post Should I invest in a tax saver index fund? appeared first on freefincal.

Equity Mutual Fund Screener Dec 2022: Shortlist consistent performers

The freefincal Equity Mutual Fund Performance Screener (December 2022) is now available. Use it to screen for consistently performing equity mutual funds. You can screen based on fund category & benchmark and spot mutual funds with a higher return than a benchmark at a lower risk. Inside, you get discounted links to our two courses:...

The post Equity Mutual Fund Screener Dec 2022: Shortlist consistent performers appeared first on freefincal.

How can an index fund with 0.2% expenses beat an index fund with just 0.06% expenses?!

In this article, we see how a lower expense ratio does not necessarily mean more gains for the investor using the example of two index funds: the NAVI Nifty 50 Index fund (direct plan) and the UTI Nifty 50 Index fund (direct plan) and the last one year period. It must be understood that the...

The post How can an index fund with 0.2% expenses beat an index fund with just 0.06% expenses?! appeared first on freefincal.

How to plan for a financial goal: A step by step guide

This article discusses the most crucial steps in defining and planning for a financial goal. Only after the goal is defined should one consider products for investments. Sadly most investors have a product-first, plan-later approach. Some assume they do not have a financial goal and only want to create wealth. They need to find a...

The post How to plan for a financial goal: A step by step guide appeared first on freefincal.

Stocks with low volatility and momentum for Dec 2022

We publish a list of stocks with low volatility and momentum each month. We provide data for BSE 500 and BSE 100 stocks.  There are now three different screener files available. (1) Stocks with low volatility and momentum from the BSE 100 large cap universe are available as a separate file (2) Stocks with low...

The post Stocks with low volatility and momentum for Dec 2022 appeared first on freefincal.

ELSS Mutual Funds: Eleven Consistent Performers

We study 40 ELSS funds to identify consistent performers when benchmarked with respect to the NIfty 200 Total Return Index (dividends included) using the freefincal equity mutual fund screener. Nifty 200 is a representative benchmark of the ELSS category in which funds are typically large cap oriented. Since it is market capitalization-weighted, the index returns...

The post ELSS Mutual Funds: Eleven Consistent Performers appeared first on freefincal.

My experiences as a fee-only financial planner for the last 12 years

In this article, Melvin Joseph, one of India’s first fee-only financial planners and SEBI-registered investment advisors, shares his experiences over a 12-year career. While I was trying to build a list of fee-only financial planners in 2013, it was by sheer chance that I encountered Melvin Joseph’s post on Facebook. Someone had asked him about mutual...

The post My experiences as a fee-only financial planner for the last 12 years appeared first on freefincal.

Should I invest in an international fund for my child’s education?

Many parents would like to know if they should include an international equity fund in their portfolio for their child’s education to account for currency depreciation against the US dollar. A discussion. The short answer to “Should I invest in an international fund for my child’s education?” is, that it is unnecessary. There is, however,...

The post Should I invest in an international fund for my child’s education? appeared first on freefincal.