M. Pattabiraman's Blog, page 49
June 30, 2024
Lessons from investing for my son’s future for 14 years
I have been investing for my son’s future (college and other expenses) since Dec 2009 – a month before he was born (He is 14 now). Here are some lessons from this journey. Many years ago, I asked in the Jagoinvestor forum, “If anyone has achieved their financial goals using mutual funds, please share your...
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June 29, 2024
How new SEBI rules will affect the income of finfluencers
SEBI released decisions made in its board meeting on June 27th 2024, which will significantly impact the income of finfluencers. The circular says: 1.1 The persons regulated by the Board and the agents of such persons shall not have any association, like, any transaction involving money or money’s worth, referral of a client, interaction of...
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June 28, 2024
What Quant MF needs to clarify about the SEBI probe
So far, Quant Mutual Fund has not made it clear whether it is being investigated for front-running. They have only said that they received inquiries from Sebi. It then released an FAQ that sheds no light on the investigation. The first faq is, “Has the SEBI enquiry concluded? : No, it is a regular ongoing...
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June 27, 2024
Handpicked List of Mutual Funds Jul-Sep 2024 (PlumbLine)
These are the freefincal handpicked list of mutual funds for July-September 2024. New and old investors can use it according to their specific needs. The list is called “PlumbLine” and has been published since September 2017 for beginners to accompany the freefincal robo advisor tool. Most important! Plumbline is a mix of my opinions +...
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Retirement Calculator: Plan for retirement using the freefincal robo advisor tool
Last Updated on June 27, 2024 at 4:38 pm Many first-time visitors to our website ask, “Where is the freefincal retirement calculator?” Our signature retirement calculator is now part of the freefincal robo advisor. The retirement calculator was the first tool we created. Over the years, we have modified it by adding more and more...
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June 26, 2024
Quant MF SEBI Probe: To exit or not to exit, that is the question
Neil Borate of LiveMint reported on June 25th 2024, that “₹800 crore has been redeemed from Quant since news broke of Sebi’s search and seizure operation on suspicion of front-running”. On June 26th 2024, Moneycontrol reported Quant Mutual Fund net equity outflow at Rs 1,398 crore or 1.5% of AUM post-SEBI front-running probe. Investors are...
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June 25, 2024
Do NPS employer contributions result in “additional” tax savings?
In this article, we address a popular misconception about the contribution of NPS employers. Before we begin, we would like to point out that your employer is most likely handling this contribution correctly. The misconception is only among the employees. The NPS employer’s contribution falls under 80CCD(2) and is separate from the 80C limit of...
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June 24, 2024
My Stock Portfolio Analysis: June 2024
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. Update: We recently added a new tool to the freefincal investor circle...
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June 23, 2024
Quant MF Front Running Allegations: What should investors do?
Last Updated on June 24, 2024 at 11:41 am On June 23rd 2024, Moneycontrol reported that SEBI conducted search and seizure operations at two locations of Quant Mutual Fund on suspected front-running. In response, the AMC has confirmed via email to investors that it has received inquiries from SEBI but has not added more information....
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How does it feel after reaching financial independence?
“How does it feel after reaching financial independence?” is a common question for readers. Recently, a reader asked if I had thought of any outreach activities like social service after achieving financial independence. I enjoyed the journey towards financial independence a lot more. The planning. The discipline to invest. The tracking of monthly investments and...
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