Why a portfolio or a plan is better than merely selecting an equity fund to invest in? If you want to invest in equity effectively, you need a portfolio of funds rather than just a single fund. But don’t overdo it. For most long term objectives a portfolio of 4-8 equity funds across sub-asset classes can suffice.
Will the stamp duty on mutual fund investments affect you significantly? If you hold your units for a year, the impact is about 0.005%, or in other words negligible.
Moody’s downgrades India and takes rating action for 11 Indian banks - What does this really mean for you? A rating downgrade for a country tends to affect its ability to attract investments. However, it is not the only parameter. The sovereign rating downgrade of India by Moody’s was not the only rating downgrade. And no this is not as disastrous as it looks.
Three things not to do when linking your equity mutual funds to your long-term goals The point of this article though is to make sure, that irrespective what you think your definition of “long-term” is, you don’t do the following when linking your goals to equity mutual funds.
If you need to use your emergency fund because of a job loss, how should you go about it? Here’s an approach you can consider to make sure that you use this fund optimally, in the unlikely event you are forced into unemployment temporarily.
Want to change funds? Start a SIP in the replacement fund first. There are three good reasons why moving from one fund to another en masse is not a great idea.
Is it a good time to invest? With the scenario worsening, there is one question on top of every mutual fund investor’s mind – Is it a good time to invest?
Your equity mutual fund portfolio faced a market crash – What to do now? If you started investing in equity based mutual funds over the past 4-5 years, the current state of the markets, thanks to the already afflicted Indian economy and the global COVID -19 pandemic, must be nothing less than shocking to witness.
In market crashes and crises, remember this At the risk of sounding pedantic, I would like to remind my fellow investors of only one thing. Equity is ownership of companies involved in the economy of our nation and the world. Many of the companies you and I own indirectly through equity mutual funds have seen terrible times that many of us aren’t old enough to remember.
Want to know if you can really afford something? Try saving for it. When we are wondering if we can afford something, the simple mistake most of us make is that we think in terms of our monthly earnings.
How should I plan my investments for 2020? Here’s a quick checklist for getting a head start on your financial planning for the year.
Should you use monthly savings meant for long term goals for short term unanticipated needs? I have an unanticipated expense coming up during this year, but I don’t want to touch my emergency fund. I still have a few months till I need the money and I want to transfer some of my savings from equity SIPs to a debt fund temporarily. Does this make sense?
