M. Pattabiraman's Blog, page 119

When can I achieve financial independence if my savings rate is 80%?

A reader asks, “I am 30 years of age. We are a family of 5 ( blessed with a kid two months back). I am the only earning member. My house is in Ahmedabad (native), and I  work in Bangalore. My monthly expenses are about 50k currently. Expenses for the kid might increase after a...

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Stocks with low volatility and momentum for NOV 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...

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How to create a family crisis management cheat sheet

In this article, we share a risk assessment spreadsheet created by Suresh Murugan and discuss how it naturally works as a family crisis management cheat sheet. Suresh is no stranger to crisis. He met an accident the day he got married and learned key money lessons. Since this personal financial audit was shared with readers,...

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HDFC Pension Fund Scheme E – NPS TIER I Performance Review

We review the performance consistency of HDFC Pension Fund Scheme E – NPS TIER I measured against Nifty 50 TRI and UTI Nifty 50 TRI. The scheme was launched in Aug 2013 and currently has an AUM of little over Rs. 15 thousand crores- the highest AUM in the E segment for non-govt. subscribers. In...

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How mutual fund SIP units are taxed (worked example)

A reader asks, “I have a question regarding Taxation on withdrawal of SIP mutual fund units. Can you throw some light on how the units would be taxed?” First, it must be understood that the SIP is just an automated way of buying mutual funds units each month (typically). However you buy mutual fund units...

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Will the Indian stock market again witness 10 years of poor returns?

Two readers recently asked us similar questions. One asked, “Is it possible for the Indian stock market to again go through 10 years of poor returns?” The reference is to the ten years of a sideways market after the Harshad Mehta scandal broke. For details, see: (a) Sensex at 50,000 & lessons from the 42-year journey (b) Sensex...

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Tax harvesting: Should I book Rs. 1 Lakh profit each year to lower Equity LTCG Tax?

Three readers sent us similar requests over the past couple of weeks. One wanted to know if it is worth booking Rs. 1 lakh capital gains from equity or equity mutual funds each year to lower LTCG tax. Another wanted us to illustrate how to compute the necessary units for such an exercise. Yet another...

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What are the financial aspects to keep in mind before having a child?

A reader asks, “Sir, my boyfriend and I are about to get married. Both of us want to have children. Can you please write an article on how to prepare for parenthood financially?” Although I welcome and admire it, most people may dislike this line of thinking. For them, childbirth is a gift and should...

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Stock Portfolio Analysis: October 2022

This article compares my stock portfolio with an equivalent investment in a Nifty index fund and the Nifty 100 Low Volatility 30 TR index. We post this comparison each month. Before we begin, new readers need to appreciate the context of these investments. I started direct equity investing only after achieving a comfortable level of...

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Don’t forget these steps after buying a health insurance policy!

Here is a list of things to do after you buy a health insurance policy.  These simple steps would aid premium payment, claim application and hospitalization. This post is a companion piece: Do not forget these steps after buying a term insurance policy! 1.  Understand claim procedures Whether cashless or reimbursement, insurers must be immediately intimated...

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