M. Pattabiraman's Blog, page 64
February 6, 2024
My property sale capital gains tax is 50% lower thanks to indexation benefits
This is an example of how indexation benefits help reduce long term capital gains on property sales. The sold property should be over two years old for applying for indexation benefits. There are several exemptions like sections 54 (reinvest in a new property), 54ec (buy specific bonds) and 54B (sell agricultural land in non-rural areas...
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February 5, 2024
My ordeal with Aadhaar fingerprint fraud & how I got my money back
A reader has kindly consented to share his ordeal with Aadhaar-enabled Payment System (AePS) fraud and how he got his money back. Are you a victim of similar fraud? What did you do? Share your story with the freefincal community and promote awareness. All stories will be published anonymously. Send your story to letters [AT]...
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February 4, 2024
Equity Mutual Fund Screener Feb 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...
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February 3, 2024
Why the NPS should allow the purchase of government bonds for pension
Since its inception, the National Pension Scheme (NPS) has made many user-friendly changes. The most recent of these is the introduction of the NPS Systematic Lump Sum Withdrawal (SLW) Facility, which allows users to gradually withdraw the non-annuitized portion of the corpus. Another notable change is the facility to defer annuity purchases (for pension) until...
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February 2, 2024
Why do I need seven crores for retirement?!
Last Updated on February 3, 2024 at 8:11 am Many who use our retirement calculators often are shocked to see the results. Some lose sleep, and some think the math is wrong. Eventually, many recover and start investing. See, for instance, this reader story: We lost sleep after using a retirement calculator! This is how...
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February 1, 2024
Stocks with low volatility and momentum for Feb 2024
We publish a list of stocks with low volatility and momentum each month. We provide data for BSE 500 and BSE 100 stocks. There are now three different screener files available. (1) Stocks with low volatility and momentum from the BSE 100 large cap universe are available as a separate file (2) Stocks with low...
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January 31, 2024
Cashless versus Reimbursable Hospitalization: Which is better?
There is a belief among some that hospitals may misuse the cashless hospitalization facility offered by medical insurance policies. As a result, they suggest paying out of pocket and then seeking reimbursement through the policy. This raises the question: is it more prudent to utilize the cashless hospitalization facility or pay upfront and seek reimbursement...
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January 30, 2024
What return should I assume when planning for retirement?
A retirement planning calculation is defined by its inputs and assumptions. This article discusses what portfolio return we should assume while planning for retirement. A return has little meaning as it has to be benchmarked to inflation. Also, we should not forget to factor in taxes. Another common mistake investors make while planning is using...
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January 29, 2024
Should EPF and gratuity be included as debt while calculating asset allocation?
A reader writes, “I am a subscriber to the freefincal newsletter. They have been very insightful. Portfolio rebalancing is very easy to understand but equally difficult to implement, it needs a lion’s heart to move from equity to debt. I have one question about what can be treated as debt”. “I have been investing in...
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January 28, 2024
MF investment vs loan prepayment: which is better?
A reader says, “I have a query regarding mf investment vs loan prepayment. I have an SBI MaxGain home loan account where I can park surplus funds and save on interest. Now I’ve approx 20L outstanding there, and I’m about to receive approximately the same amount from a different venture”. “I have two options. 1....
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