Yesterday evening a friend called up to say ..in 1995 we saw the birth of the Mutual Fund industry in 2015 will we see the end? Well to start with there is no ‘take over of a mutual fund’ as the whole world will report today. I think L&T Asset Management Company will take over […]
Frankly I have no clue about what to expect. However I know what people will say: 1. The FM should raise the taxable exemption limit by at least Rs. 50,000 2. The exemption limit for women should be raised by Rs. 75,000. 3. There should be a separate limit (like 80 C) for repayment of […]
It is the time of the year when HR and accounts people chase you for your ‘investing’ proof. So people ask me the following questions: – should I invest in equities? -should I invest in ELSS? or should I invest in bank deposits, nsc or ppf? And worse, some people think they are doing ME […]
The biggest risk in the financial services business today is the Regulatory risk. The more the regulators think that they can prevent frauds and cheating the more they will move into the controls of a business. Sebi has been making a lot of changes in the mutual fund business – there is a good chance […]
Today sadly, there is no pension plan which meets all your requirements. For example Templeton and UTI (both asset management companies) have a pension plan – and it is a one size fits all type of a plan. Typically a pension plan should have various options at the ACCUMULATION stage – when a person is […]
“No ulip has given REAL returns in the past 10 years” – said one analyst. I have no clue about the accuracy of this statement. His argument was even for those who started in 2002 and were in the boom, only HALF their money participated in the boom (thanks to the high charges). When the […]
This is a very broad question and the answer is not easy to give. First of all let us clear some myths about what the retail investor thinks a regulator should do and what the regulator actually does. 1. The regulator is here to protect the small investor: Very very very broadly yes, in real […]