WHAT IS A DIRECT PLAN?

One may invest in mutual funds with the help of a financial intermediary i.e., a Mutual Fund distributor/agent in a Regular Plan OR choose to INVEST DIRECTLY i.e., without involving or routing the investment through any distributor/agent in a ‘Direct Plan’. ‘Direct Plan’ and ‘Regular Plan’ are both part of the same mutual fund scheme, have […]

Why do RIAs charge fees?

The financial services industry is a rapidly changing professional environment. As the needs and desires of consumers change, firms engaged in managing money are also evolving. A registered investment advisor (RIA) manages the assets of individuals and institutional investors. He or she must be registered with the regulator in the jurisdiction where one is practising. In India, […]

Forex Trading in India

India is the second most populous country in the world that is home to one of the largest group of working class people, who have an increased affinity towards investing in the several attractive opportunities available throughout the globe. Forex trading is one of the very new investment concepts in India that was popularized by […]

Spiralling education costs can kill your savings

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 […]

Life is so unpredictable

Here is a very interesting but heart touching blog by a lady who narrates her hardships in order to get the things in order after the death of her husband in an accident……a lesson to learn. Few things I learned after Mithun: We always believe we will live forever. Bad things always happen to others. […]