My friend Paro, is a single mother. She fought a bitter divorce battle and won the custody of her six-year old daughter and was able to keep the house for which she had taken a large home loan.read more
If any of the following situations seems like a narration from your life, raise one hand. If two situations seem familiar, raise both hands and if all three are stories from your life, please stand up.read more
In 2009-10, a certain business head of a fixed income focused AMC had thumped on the table and declared that the 10 Yr Gsec will reach 4.5% – that…read more
One morning, over breakfast, I asked my father, “I am sure you have made arrangements for your retirement?” He thought for a second and replied, “Yes, you?”read more
Be careful where you get your dope from.
The Economic Times carried an article dated March 14th, 2019 on Prashant Jain’s consistent alpha generation in a single fund for 25 years. All of us associated with the Mutual Fund industry know and admire Prashant.
I fired my ‘Nutritionist and Obesity Consultant’ – not as ceremoniously as I am announcing here, actually quite the opposite.read more
Sometimes, I do some financial planning on request. I am certified to do so but frankly, I don’t enjoy the exercise. Why, you may ask? I find myself turning into a psychological counsellor, rather than a financial one and that, I am not certified to do.read more
It is fair to expect that the large cap index will generate a steady rate of return over long periods of time, without much ado.
I hope you are not working with an advisor who is asking you to buy only small or midcaps.
Many mutual funds who called themselves large cap funds and compared their performance against large cap indices – like the Nifty 50, BSE 100, BSE 200, could buy stocks outside the gamut of large caps as well…read more