The latest issue of The Financial Kaleidoscope the official Newsletter of National Securities Depository Limited (NSDL) is devoted to frauds in the financial sector. We bring you a synopsis of the same (for the full version please visit https://nsdl.co.in/publications/nest.php ). The newsletter is revealing in what it mentions and also what it does not mention.… Continue reading Frauds in the Financial Sector
It was reported in Mint (NPS Pension Payouts to become Flexible, 2 March 2020) that the Pension Fund Regulatory and Development Authority (PFRDA) is working on alternatives to the National Pension Scheme (NPS). Amongst the proposals being considered are to offer a Systematic Withdrawal Plan (SWP) and a Variable Annuity Plan (VAP). What do these… Continue reading Pension Payouts Cannot be Flexible
I am reproducing a typical advice by a financial advisor below. This appeared in Mint 27 February 2020. A Question Question by a reader of the newspaper: Currently my net worth is around Rs. 5 lakhs. I invest Rs. 3,000 each in Canara Robeco Emerging Equities, Aditya Birla Sun Life Frontline Equity, Kotak Mahindra Emerging… Continue reading Money Does not Grow on Trees
The Bharat Bond ETF has been oversubscribed. Many of the analysts would have investors believe that the Bharat Bond is perfectly safe and can be sold as an alternative to fixed deposits of banks. In terms of investment risks they are both fundamentally different. Read more to know why
The e-paper Live Mint reported on 4 Sept 2019, that the average interest on Public Provident Fund (PPF) for the period Financial Year 2014 to 2019 was 8.21 %. In the same period Live Mint reported that Large Cap mutual funds earned 7.79 % Multi Cap mutual funds earned 8.57 % ELSS schemes earned 8.53… Continue reading 5-Year return on Mutual Funds
If you thought that investing in mutual funds is risky only because they invest your money in risky investments, think again. There are risks involved with the manner in which the NAV is calculated and in the way in which the mutual fund organises its work. The risk that arises because of the way in… Continue reading Investment Risk Has Many Colours
The current recession in the economy will affect life insurance sales. But it also provides challenging opportunities to the life insurance salespersons. The article discusses the implication of recession for life insurance sector and provides insights on how to face the new challenges
The newspaper MINT (24 April 2019) published a news item on a the “Report The New Social Contract: A Blueprint for Retirement in the 21st Century”, published by the Aegon Centre for Longevity and Retirement based in Netherlands. There is very good news for life insurance marketing in India in that Report. India is No.… Continue reading Retirement Planning – Your Entry Ticket
During the peak of mutual fund sales in 2017 and 2018, one of the arguments put forth by the advocates of shares and mutual funds was: If a person had invested Rs. 100 in 1979 in a SENSEX Fund, today with the SENSEX at nearly 40,000, Rs. 100 invested in 1979 would be worth Rs.… Continue reading The Senseless SENSEX
Many of us have used Jet Airways to travel and many of us were satisfied with their service. To the traveler Jet Airways looked a solid organisation owning and operating so many planes, with services all over the world. Now suddenly the airline has stopped its services. Little did the travelers know that the airline… Continue reading Investment Risk is always Hidden till It Surfaces
