M. Pattabiraman's Blog, page 39

My 23-year Investment Journey with Mutual Funds

In this edition of the reader story, we meet a retiree who has been investing in mutual funds for the last 23 years. This is an addition to our “mutual fund success stories” series. See, for example, How mutual funds helped me reach financial independence. About this series: I am grateful to readers for sharing intimate details...

The post My 23-year Investment Journey with Mutual Funds appeared first on freefincal.

Equity Mutual Fund Screener Sep 2024: Shortlist consistent performers

The latest freefincal Equity Mutual Fund Performance Screener 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 robo advisory tool...

The post Equity Mutual Fund Screener Sep 2024: Shortlist consistent performers appeared first on freefincal.

New PPF rules apply only to irregular accounts!

On 21st Aug 2024, the GOI announced Guidelines for regularising accounts opened in deviation from Rules stipulated under National Small Savings Schemes. This only applies to irregular PPF accounts and not all PPF accounts. A clarification by SEBI Registered Investment Advisor Ajay Pruthi. About the author: Ajay Pruthi is a fee-only SEBI registered investment advisor. He...

The post New PPF rules apply only to irregular accounts! appeared first on freefincal.

SEBI wants to allow part-time advisors: Good move or bad move?

In a Consultation Paper on Review of Regulatory Framework for Investment Advisers and Research Analysts dated Aug 6th 2024, SEBI has proposed the concept of a part-time investment advisor and research analyst. The comments on this paper closed on Aug 26th 2024. It is quite likely that it shall come to pass. A recent news...

The post SEBI wants to allow part-time advisors: Good move or bad move? appeared first on freefincal.

Gold is as risky as equity and not a debt instrument!

Last Updated on September 8, 2024 at 12:44 pm A reader insisted that gold is a “safe ” instrument and should be considered part of a portfolio’s fixed income or debt. Nothing could be further than the truth: Gold is as risky as equity and not a debt instrument! Here is some supporting data. Let...

The post Gold is as risky as equity and not a debt instrument! appeared first on freefincal.

Do not be overconfident about equity! It could hurt your financial goals

It is clear from how many readers, particularly young earners, respond to freefincal content these days that they are overconfident about their equity investments. Especially investments in small cap funds, mid cap funds, etc., that have soared in recent months. This could spell trouble for their goals and dreams. I hate to break it to...

The post Do not be overconfident about equity! It could hurt your financial goals appeared first on freefincal.

National Pension Scheme Fund Screener Sep 2024: Shortlist consistent performers

This is a National Pension Scheme Fund Screener to shortlist consistently performing NPS schemes. You can also spot NPS schemes with a higher return than a benchmark at a lower risk. This is similar in design to the freefincal Equity Mutual Fund Performance Screener. Inside, you get discounted links to our robo advisory tool and...

The post National Pension Scheme Fund Screener Sep 2024: Shortlist consistent performers appeared first on freefincal.

What is a “Specified Mutual Fund” according to Finance Bill 2024?

Budget 2024 clarified the definition of a specified mutual fund. This definition will be applicable from 1st April 2025. What about the change in taxation rules? When do they come into force? According to Finance Bill 2024 (as passed by the Lok Sabha on 7th Aug 2024), “‘(ii) “Specified Mutual Fund” means,–– (a) a Mutual...

The post What is a “Specified Mutual Fund” according to Finance Bill 2024? appeared first on freefincal.

Why Fee-only India’s Financial Advisors Don’t Charge Wealth-Based Fees

Regular readers may know that freefincal curates a list of SEBI-registered financial advisors that charge clients a flat fee. That is, the fee is independent of a client’s net worth and does not increase as the client’s wealth grows. The curated list is more than 10 years old and was created before the SEBI investment...

The post Why Fee-only India’s Financial Advisors Don’t Charge Wealth-Based Fees appeared first on freefincal.

Nippon India Nifty 500 Equal Weight Index Fund Review

Last Updated on September 3, 2024 at 8:31 am Nippon India Nifty 500 Equal Weight Index Fund is an open-ended scheme tracking the Nifty 500 Equal Weight Index. The fund is currently in its NFO period. We analyse the performance of the underlying index and discuss if it makes sense to consider this fund for...

The post Nippon India Nifty 500 Equal Weight Index Fund Review appeared first on freefincal.