Most of us would be investing our money in Fixed Deposits, Real Estate, Mutual Funds etc.
But have you ever wondered where do Indians cumulatively invest their money and in what proportions? Do you know how much worth of Gold we Indians own?
Read on to know the answer to aforementioned questions and some other interesting facts.
Total individual wealth in India or the money owned by all individuals in India (i.e. not considering the government and institutional money) is divided primarily into 2 segments – Continue reading “How Indians invest their money?”
Indexation is one of the most important principal to know if you are an investor in real estate, mutual funds, direct equity i.e. in almost all investment instrument of relevance. Indexation is one of the key factors (for saving taxes), effective use of which can reduce your tax burden significantly.
Following is a technical understanding of Indexation:
Indexation is a technique used to adjust the purchase price of Continue reading “What is indexation on investments and how can it help you on saving taxes this financial year?”
Originally asked and answered on Quora, following is the link
Now an investor has invested Rs. 400 in Reliance liquid fund-Treasury plan when the NAV was 4023.9108(units allocated=0.099). The very next day NAV increased to some 4024 and now it is 4026.7599 but the value of his fund reduced to 398.65. So, he was wondering that even though the NAV increased why did he lose value?
This is a very interesting situation and a basic fallacy in how the mutual fund system works in India. Continue reading “Can a value of mutual fund decrease even after a rise in it’s NAV?”
On the background of good governance, possibility of strong economic growth and stagnancy in real estate, Mutual Funds are becoming a preferred mode of investment for both HNIs (High Networth Individuals) and Retail Investors.
Infact, the kind of growth which is being seen in Mutual Fund Industry right now is unprecedented and the overall asset base has already cross Rs. 19 Lakh Crore in FY 2017 and is expected to cross Rs. 20 Lakh Crore by the end of this Financial Year (as reported in following TOI Article). Continue reading “What are the top mutual fund companies and scheme in India?”
However, complicated it might sound, tax levied on Mutual Fund investment is very straight-forward and simple. Best thing about taxation on Mutual Funds is that there is no TDS (Unlike Fixed Deposit), and a investor needs to declare it’s taxes on it’s own after adjusting for all capital gains (or loses). Continue reading “How does taxation on Mutual Fund investments work?”
The investment patterns in India have always been inclined towards risk-free zones. People preferred fixed deposits, gold, land, and government bonds. As surety of return has always been a critical factor, people tend to avoid high-risk investments. Mutual Funds solve these problems. If invested wisely, these are the most flexible, comprehensive, and hassle-free medium to invest.
While these are the traditional methods of safe investment, there are certain trends which are on the raise.
Continue reading “What are the different kinds of mutual funds and where do they invest?”
We Indians take our time in trusting someone, usually because we have heard stories of how our parents were cheated by someone or in our day to day life i.e. when we go shopping or in auto etc. we see that people are trying to fleece money from us (of course with exceptions of some good samaritans!)
The irony of the situation is however that we get around to trusting institutions easily – Continue reading “How the realization of a crooked system made Varun start FinoZen and FinoTrust”
NRIs or Non Resident Indians are always facing a difficult question! Where should they save their money? In India or in the country they work in? Many financial experts will advise you to compare the financial situation in both the countries and understand which is most suitable. But one reason why most NRIs wish to keep some investments in India, is for liquidity in case of emergency and that the rate of returns in India is much higher than that of any other country, while in India it’s easy to earn 7% returns risk free, in US the same no. is less than 1%. Infact, in India if you invest in the right set of mutual funds and have a time horizon of 3 years+, you can easily earn 12%-15%+ Continue reading “What are the best ways for NRIs to invest money in India?”
Let’s start from the very beginning on how emergency funds saved us from a dire situation.
To my naïve 10-year-old eyes, the sight of those white crisp envelopes that came out every month from my mother’s cupboard was sheer joy. It meant it was the day that I can feel important and go about doing things adults do – Count Money! Continue reading “Saving money as emergency fund. How to plan & invest? With real world scenario”