Back in 2010, I completed my final IPO transaction as a lawyer. My job was to prepare due diligence reports on companies that were going to list on a stock exchange. To put it mildly, due diligence is one of the most boring and pointless things you can do with a human...
I once saw a business card of a financial advisor which had the letters 8% – 12% – 16% – 24% printed on the back. I asked him what this meant. His reply: It just creates curiosity, everyone who gets this card in hand asks me what you just asked. It gives me an...
On 1st of February 2018, in his budget speech, The Finance Minister introduced Long Term Capital Gain (LTCG) Tax at the rate of 10% on stock investments and investments in equity oriented mutual funds. For starters, I dont think the markets are falling because of...
Short Answer – Of course yes. What Are Debt Mutual Funds? A debt mutual fund invests in various fixed interest bearing instruments, primarily government and corporate bonds, NCDs, preferential shares and cash equivalents. Just like a fixed deposit, these instruments...
With debt fund returns falling, a lot of investors are selling their fixed income fund. With rising inflation, the chances of another rate cut look dim, because of which there has been little (and in some cases, negative return in debt funds). At first I believe that...