M. Pattabiraman's Blog, page 313

Home Loan Transfer Calculator: Check Benefits of Switching from Base Rate To MCLR

Use this calculator to check the benefits (if any) associated with switching your home loan. Either from one bank to another or from base rate toMCLR (Marginal Cost of Funds based Lending Rate)....

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How and When To Select Ultra Short Term Debt Mutual Funds

An ultra short term mutual fund is a type of fixed income or debt mutual fund that invests in short-term bonds issued by banks, PSUs, corporate, cash and govt bonds. In this post, I discuss how and...

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Personal Finance Developments That Mattered in 2016

As 2016 draws to a close, a look at some of the personal finance developmentsthat made a difference and the lessons from them. Before we begin, allow me to wish you a happy new year and pray for the...

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FU Money Calculator: Are you ready to say goodbye to your employer?

"FU Money" represents the amount required for a person to stop being employed. She is then free to follow her passion and wait for it to generate an income without having to worry about expenses for...

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National Pension System (NPS): Exit and Withdrawal Rules

There has been a lot of confusion regarding the exit and withdrawals rules of the National Pension System (NPS).I apologise if I have contributed to it. In this post, I shall attempt to get rid of...

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Introduction to Interval Income Mutual Fund Schemes

An interval income mutual fund or more generally, interval funds is a lesser known class of mutual funds that are open for subscription and redemption only at specified time intervals. A discussion...

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The 2016 Personal Finance Audit: Returns do not matter!

Each December, I conduct a personal financial audit. I take stock of my financial goals and other aspects of personal finance relevant to me. For the last three years, I have been sharing the gist of...

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How to Select Mutual Fund Fixed Maturity Plans (FMP)

A mutual fund Fixed Maturity Plan (FMP) is a closed-ended debt mutual fund. A discussion on how and when to choose FMPs. A closed-ended mutual fund is one in which no purchase or redemption can be...

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Poor Debt Fund Advice: Match Investment Horizon With Fund Maturity Profile

One advice about investing in debt mutual funds that never made any kind of sense to me is: "pick a debt mutual fund whose maturity profile matches your investment horizon". You will find this in...

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MF Utility Portal User Guide: Updated Second Edition

Here is an updated step-by-step user guideprepared by Anish Mohan to buy and sell direct mutual funds using the MF Utility portal -a free (as of now) “Transaction Aggregating Portal” run about 25...

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