THE CASE: I want to build Rs. 1 Cr in the next 25 years. Currently invested in mutual funds to achieve the same goal are: HDFC Sensex (Rs 10,000), Mirae Asset Emerging Fund (Rs 5,000), Parag Parikh Long Term Equity (Rs 5,000), Axis Mid Cap (Rs 3,000), SBI Small Cap (Rs 2,000), HDFC Gold […]
At a time where there is so much uncertainty, the thought of investing a huge amount in these bonds and being assured of a return is enticing. The minimum investment is Rs 1,000 and multiples of it. There is no upper limit. Since the interest earned is taxable as per individual tax slab rates, it […]
Ascertaining your individual financial situation and goals is the first task in constructing a portfolio. Important items to consider are age and how much time you have to grow your investments, as well as amount of capital to invest and future income needs. While constructing a portfolio, asset allocation mix (i.e. the mix of various […]
The fees for class of 2017-19 batch of IIM-Ahmedabad will be Rs. 21 lakh for the two-year MBA course. Laptop computer, personal expenses on boarding, travel, clothes and laundry are extra. https://www.iima.ac.in/web/pgp/apply/domestic/expenses This is 400% higher than what the B-school charged in 2007. If the fees of the management course continues to rise by an […]
Taking debt to grow is actually as ridiculous as it sounds. Unfortunately it did not really sound too ridiculous to the experts and policy makers of the western world. But the truth is that it is a flawed business model as at some point of time or the other the debt would need to be […]