M. Pattabiraman's Blog, page 53

The system I use to draw income and spend after retirement securely

In this edition of the reader story, we have an account of how a 55-year-old who retired recently securely draws an income and manages spending. About this series: I am grateful to readers for sharing intimate details about their financial lives for the benefit of readers. Some of the previous editions are linked at the bottom of...

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When You Don’t Need a Fixed Fee Financial Planner

Hiring a professional financial advisor has become a common trend due to the increasing hype and importance of financial planning. Moreover, the upsurge in the demand for financial planners has resulted from rampant online promotion. You also must have come across various promotional posts encouraging users to hire Fixed Fee Comprehensive Financial Planner in India....

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Did you know: A single equation governs investing and borrowing?

We discuss how pretty much all of investing (lump sum or SIP) and borrowing (debt., EMI) can be described by a single equation! In finance workshops, people are often taught to use spreadsheet commands like PV, FV, PMT, NPER, etc., without a deeper understanding. Consider a lump sum investment we shall label as pv (for...

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How much capital gains tax should I pay if I have no other income source?

Last Updated on May 21, 2024 at 10:24 am Readers often ask,  “How much capital gains tax should I pay if I have no other income source?” The answer is quite simple. Up to the tax-free limit (using the then prevailing tax slabs), the capital gains are tax-free if there are no other sources of...

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Debt and hybrid mutual fund screener (May 2024) for selection, tracking, learning

This is a debt mutual fund screener for portfolio selection, tracking, and learning. It also includes hybrid funds that invest in bonds. It will satisfy investors who wish to invest in money market funds, banking PSU funds, etc. The credit quality of the bonds in the portfolio and the bond maturity profile can be tracked....

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How to choose a health insurance policy (with a shortlist)

Last Updated on May 19, 2024 at 8:57 am In this article, SEBI registered fee-only advisor Ajay Pruthi explains how to choose a health insurance policy. About the author: Ajay Pruthi is a fee-only SEBI registered investment advisor. He can be contacted via his website plnr.in. Ajay is part of the freefincal list of fee-only advisors and fee-only India. Do...

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Worried about market volatility due to elections? Try goal-based risk management

Are you worried about market volatility due to the elections and beyond? You can easily reduce portfolio risk with these simple steps we refer to as goal-based risk management – a combination of passive, systematic investing and active risk reduction. If implemented sequentially, these steps would result in greater focus and success. You can automate...

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Index fund tracking error screener May 2024

This index fund screener is based on tracking error and returns difference wrt benchmarks (aka tracking difference). The screener will help users evaluate how efficiently an index fund has tracked its underlying benchmark. It will also help to understand how tracking a midcap index or the Nifty 100, 500 differs from tracking the Sensex or...

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How are multi-asset funds taxed?

Taxation of multi-asset funds can be complicated—a simple explanation of the rules and how to choose funds in this category.

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Why the NPS must be modified to accommodate changing needs

We discuss modifications that can make the National Pension Scheme (NPS an attractive retirement solution accommodating changing needs. The New Tax Regime has made redundant the “extra Rs. 50,000 tax saving” (or reduction in taxable income). So, finally, NPS can attract the right kind of investor. The new-generation retiree wants the flexibility to retire early...

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