A Risk bigger than inflation risk

Today I’m going to talk about a risk to your financial planning which is bigger than the inflation risk. This risk is the risk of falling interest rates. 15 years back the rate of interest on Bank fixed deposits was in the range of 12 to 18% if you had a a fixed deposit for […]

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Qualities of a Good Financial Advisor

Good Financial Advisor – What should be the qualities that I should look to know whether my Financial planner / advisor is good or simply a Mutual fund distributor? I get this question too often and so I will list down few qualities that I see are a must for a good financial advisor. This is […]

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Tax Notices

Please make sure that you declare all short term and long term gains arising out of the Liquid funds and short time duration debt funds. Failure to do so would invite a scrutiny from income tax department. These are usually easy to forget as there is no details received from the mutual fund companies about them. […]

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Reasonably priced financial advice in Mumbai

Please help me find reasonably priced financial advice from someone who won’t rob me blind. Someday, I’ll create a keyboard shortcut reply to that email, which I receive too frequently, that gives all the information to ask when seeking such a person. But an ugly fact of the  investment advisory industry has generally been this: […]

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Merge Multiple UAN / PF Accounts into One

EPFO has started out a new service for its over 4 .5 crore subscribers which will allow consolidation or merger of their numerous PF ( provident fund ) accounts with the existing universal portable account number ( UAN ).  Under this service, members of the Employees’ Provident Fund Organisation ( EPFO ) can consolidate up to 10 previous accounts with their existing PF Account number at one go. The members will need to give their existing working UAN, member ID […]

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Does Arbitrage funds perform well during market downturns?

Many a times, people ask me if Arbitrage funds perform well during market downturns i.e. in bear or sideways market? This is primarily due to the fact that Arbitrage funds are not allowed to short sell and has to find arbitrage opportunities. So a logical question arises – Would there be an opportunity between cash […]

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EPF – Employees Provident Fund & EPS – Employees Pension Scheme

For Past couple of days, both EPF – Employees Provident Fund & EPS – Employees Pension Scheme has been in a lot of news and discussions primarily due to Supreme court judgement – News Article. This judgement allowed Mr Praveen Kohli to get a 1200% hike in pension primarily because, in October 2016, the Supreme Court directed […]

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The Honesty Pledge to tackle misselling

Honesty Pledge – what is that? you may ask. Well, you may have heard the word “Pledge” in your school. We were made to say it every time in our assembly. I still remember the India Pledge which we used to say – India is my country …. On the same lines, I think that Financial […]

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List of best financial advisors in Borivali

You would have seen my blog post with respect to how to select a financial advisor  / planner in India. In that post I have listed down in detail various challenges that most people face when selecting a financial advisor  / planner.   First is the fact that many of them call themselves as either […]

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Get Started and initial questions. 

Following are few steps to get started on your journey to achieve financial independence followed by frequently asked questions. For other questions please go through the blog. Please drop me a note if you still have questions and I will be happy to help you. So here it goes… 1. Create an emergency corpus. 2. […]

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Buying Tax-Free Bonds in the Secondary Market in India

Buying Tax-Free Bonds in the Secondary Market in India Last Year i.e. 2016 saw an influx of Tax-Free Bonds from many Government PSU ( Public Sector Undertakings) but this year there is not a single offer in the market and neither government plans to bring any (Thanks to tons of liquidity with Banks due to demonetization). But […]

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Check PF balance via Missed Call

Check PF Balance via Missed Call:- Finally the good news, the new missed call facility for your PF Balance alert has started. In order to know your TOTAL Provident Fund  BALANCE, simply give a missed call on 011-22901406 from your registered mobile no. and u will get SMS alert immediately. If the UAN of the […]

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