30-Nov-14 Many clients I have spoken to have Unit Linked Policies (ULIP) in their portfolio of investments. Clients are either unaware of Term Life policies or believe that they are more expensive than ULIPs. Is this really true? How do we make an apple-to-apple comparison between the two? A Term Life Policy is a life […]
Term Life vs ULIPs Read More »
31-Oct-14 SEBI circular no. CIR/IMD/DF/21/2012 dated 21-Sep-2012, mandates mutual funds to provide a separate plan for direct investments, i.e., Investments not routed through a distributor. Such a separate plan shall have a lower expense ratio excluding distribution expenses, commission., and no commission shall be paid from such plans. The plan shall also have a separate NAV
The virtues of Direct plans Read More »
30-Sep-14 Rising markets distort portfolio allocations in two ways. The first is by the sheer improvement in valuations, equity portfolios rise and hence take a significantly larger portion of the asset allocation than previously planned. The second is by getting carried away in the euphoria of rising markets and further increasing exposure to equity assets
Delaying gratification Read More »
31-Aug-14 Over the last 6 months India has seen a steady and definite improvement in its macro fundamentals. With a simple majority government coming to power, levels of uncertainity are significantly reduced and confidence is at an all time high domestically. There seems to be a confluence of local and global factors that are working
