M. Pattabiraman's Blog, page 180

Life Insurance Claim Settlement Ratio Data for 2021

The IRDAI annual report with Life Insurance Claim Settlement Ratio Data for 2021 (FY 2019-20) was released on Feb 10th delayed by at least 1-2 months due to the pandemic.  The claim settlement ratio...



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Worried about low PPF interest rate? Here is why it could drop further

The PPF interest rate for the current quarter is 7.1% (1st Jan 2021 to March 31st 2021). Many investors are worried and some even accuse the government of lowering rates and causing hardship. We...



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LIC IPO 10% reserved for policyholders: rules explained

Finance Bill 2021 has proposed several amendments to the Lic Insurance Corporation Act 1956. Most notable among these is the 10% reservation of the LIC IPO issue size to policyholders. Here is an...



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My new book for kids releases on Feb 11: Details

My new book for kids: “Chinchu gets a superpower!” will be available from Feb 11th. Here are the details on what the book is about and how to use it.  What is this book about? As parents,...



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Should ULIPs be avoided due to change tax rule in budget 2021?

Budget 2021 came as a shock to insurers who sold ULIPs. Their tax-status was changed from tax-free to taxable as capital gains (like mutual funds). In this article we discuss a question posed by a...



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Getting your financial independence back after a maternity break

In this article, author Smriti Tuteja explains why having a baby doesn’t mean ending your financial independence and discusses options to earn money from home after a maternity break. About the...



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Sensex at 50,000 – lessons from the 42 year journey

The Sensex closed for the first time above 50,000 on 3rd Feb 2021. We look at its 42-year journey for lessons on reward and risk. The BSE provides closing price (excluding dividends) from 3rd April...



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How Pulkit created a dashboard to track his investments

Pulkit has designed an investment dashboard for planning and tracking his investments in a goal-based manner. He had shared some screenshots in the goal-based investing Facebook group. Pulkit...



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Nifty 10 year SIP return zooms to 14% – highest in six years

The market rally in the last few months has had a dramatic impact on SIP returns especially when you track them on a monthly basis. The Nifty 10-year SIP return as on 4th Feb 2021 is a healthy 14%...



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Why PPF is excluded from new rule on taxable PF interest

Finance Bill 2020 has proposed that contribution above 2.5 lakhs by employees into recognised provided funds will be taxed. Here is why this rule does not apply to the public provident fund (PPF)....



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