UTI MF Schemes for the Elderly
Executive Summary: UTI MF has launched variations to two MF schemes – MIS Advantage Plan and Wealth Builder Fund to offer financial assistance to the elderly. One can invest in these schemes and set up a regular transfer of amount to one's parents' accounts....
I Lost My Job. What Can I Do Now?
Executive Summary: There have been many layoffs in the IT sector and in startups. If one has lost a job, it is important to be calm and collected during this time and take a few steps to ensure that one does not derail the future. These steps include reviewing budget,...
All about Confirmation Bias and Hindsight Bias.
Have a balance between Confirmation Bias & Hindsight Bias Download PDF Imagine that you have a Systematic Investment Plan (SIP) amounting to Rs. 5000 worth of investment every month in a large cap diversified equity mutual fund. You plan to accumulate a corpus...
How overreaction and overconfidence affect your money matters.
Now let’s talk about Overconfidence. In simple words, overconfidence refers to the quality of having more confidence than you should, and as a result, you misjudge your ability or knowledge about a specific case. In life, this can often land you in trouble,...
Should you carry your credit cards on your international holidays?
Executive Summary : Planning and managing international holidays is not easy. Apart from deciding on the budget and the itinerary, it becomes very critical to plan on the right mode of carrying money. Further, there should be continuous access to funds...
New Ways of Banking
Executive Summary – Many banks have introduced novel ways of transferring money. These use the Internet, smartphones and social media. Here we have listed 4 such offerings – IMT from Axis Bank, Chillr from HDFC bank, @icicipay from ICICI bank and Kaypay...
What is the Efficient Frontier Theory?
Executive Summary: The Efficient Frontier Theory was explained by Harry Markowitz and others in 1952 as a part of the Modern Portfolio Theory. According to the concept of the Efficient Frontier, there is a set of optimal portfolios which give the highest expected...
What else can a Financial Planner do?
Executive Summary – The financial planner has an important role in those aspects of life that are affected by your finances. But he has a more comprehensive role than just buying some financial products and making an investment plan when his services are hired...
Should NPS be your new investment darling?
Executive Summary: Budget 2015 witnessed an increase in tax benefits for investments in National Pension System (NPS) which is a voluntary pension scheme, up to a maximum of Rs. 50,000 a year. This was under a separate section 80CCD, in addition to Sec 80C benefits....
New Ways of Banking
Executive Summary – Many banks have introduced novel ways of transferring money. These use the Internet, smartphones and social media. Here we have listed 4 such offerings – IMT from Axis Bank, Chillr from HDFC bank, @icicipay from ICICI bank and Kaypay...
What is the Efficient Frontier Theory?
Executive Summary: The Efficient Frontier Theory was explained by Harry Markowitz and others in 1952 as a part of the Modern Portfolio Theory. According to the concept of the Efficient Frontier, there is a set of optimal portfolios which give the highest expected...
What else can a Financial Planner do?
Executive Summary – The financial planner has an important role in those aspects of life that are affected by your finances. But he has a more comprehensive role than just buying some financial products and making an investment plan when his services are hired...
Should NPS be your new investment darling?
Executive Summary: Budget 2015 witnessed an increase in tax benefits for investments in National Pension System (NPS) which is a voluntary pension scheme, up to a maximum of Rs. 50,000 a year. This was under a separate section 80CCD, in addition to Sec 80C benefits....
Antoine de Saint-Exupéry
A goal without a plan is just a wish!