Recently as of 20th September, many of you would have started seeing failure regarding SIPs. Many SIPs are failing with this error past few weeks surprisingly your old SIPs are running fine. You would ask your MF Agent, be it apps like Kuvera, Groww or even direct mutual fund investments in their AMC website. You…
In the first blog, we looked at how Room rent capping is not the right way to reduce our health insurance premium. Now let us look see how we can use “Deductible” to reduce insurance premiums. Let us be wise, health insurance wise. Deductible – According to IRDAI “Deductible is a cost-sharing requirement under a…
Insurances are our safety nets in life and it is one of the first step to creating a financial plan. Health protects our wealth and we have to Be Wise, Health Insurance wise. There are numerous factors which are crucial in selecting in a Health Insurance. Before we go into the factors, its important to…
Why are there too many mutual funds (MFs) in an investors portfolio? I am seeing that even wealth managers are recommending many clients so many MFs in their portfolios. 20-30 MFs is something which I am seeing in investors portfolio. What could be the cause of that? There could be multiple reasons to it. Firstly,…
There is an inherent tendency to do something about an external event. But you know that quite possibly nothing pretty much changes in the long term because of that event. So when nothing changes in the long term, what is our best course of action to that external event? I strongly believe in the power…
Our group which normally discusses about Investments and financial planning, had an interesting question last week. Are there any tips while taking a home loan? This WhatsApp discussion in our group generated lots of ideas. Overall the different points we discussed could be classified into four categories. 1) Insurance 2) Negotiation 3) Resetting of interest…
The previous blog here talked about how an Emergency Fund is the fail safe to create a financial plan. There were couple of friends, who pointed me to write about other pre-requisites. So what are the “Pre-requisites in creating a financial plan”? Do we drive just because we know to drive and have a helmet…
I always think what is the first step to create a financial plan?Also have been asked my opinion on this question by many times by friends. Before we answer the question, let us take a step back. For any plan to work, the plan should have a “cushion” to take care of emergencies. The “helmet”…
EPF Passbook should be checked yearly to ensure that our contributions are reflected Correctly. EPF passbook viewing option was down for a last few weeks and it is up again now. You can now check your EPF passbook. What exactly has changed in the passbook that warrants us to check? The EPFO changed the rules…
Sovereign Green Bonds are bonds issued by GOI and proceeds to be invested in Green Infrastructure Projects.
