28-Feb-15 My dear client – you would have by now received an email from finametrica, asking you to fill up a questionnaire for assessing your risk profile. The idea is to systematically document your appetite for risk and ensure that the investments I suggest to you are in-line not only with your financial goals but also […]
Risk and Uncertainty Read More »
31-Jan-15 My recent visit to the networkFP national conference & exposition has set me thinking. At the outset, I was deeply impressed with the overall conference and was delighted that my two days at Mumbai were well spent. The conference was practitioner centric and brought to the fore the variety of issues that are faced by the
Registered Investment Advisors-A disruptive force Read More »
31-Dec-14 Screaming newspaper headlines, voluble TV anchors and incessant email or sms “tips” are agog with seductive investment opportunities in “growth companies”. I thought that I should share my perspective on growth and felt it best that I start with a few questions: Definition of growth: That growth should be defined as increase in sales (“top-line”
Yes companies should grow – but… Read More »
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
