In today's post we will look at some service oriented issues which every common investor of Mutual Funds will face. These below methods are in generic, hence few Mutual Fund Companies may ask you for additional requirements. So let us look at one by one.1) Change of Name-This case is normally … [Read more...]
Archives for November 2012
What are the basic qualities your adviser must have?
Today I attended one educational seminar which was related to mutual fund industry. Found time to interact with advisers who are in the field of advisory since long. But sad to see that no one possess a basic skills one must have in a position of advising.Hence thought to share few point which … [Read more...]
Reliance My Gold Plan-Review
Now one more plan added to the list of gold schemes where you have only option of redeeming physical gold but luring people as if the gold investment. This time it is from Reliance Money Precious Metals Private Limited (RMPM) and the name of scheme is "Reliance My Gold Plan" Let us look at it's … [Read more...]
Fixed Vs Reducing Balance Loan EMIs-Which is best for you?
Recently one of my client searching for gold loan for his financial need found that one NBFC (Non Banking Financial Companies) offering a better interest rate than banks. In first instance he felt happy that he is getting lesser interest rate than even nationalized banks.But he shocked when EMI … [Read more...]
Stock Guru India Scam-What you can learn as investor?
This is the scam which is now in news headlines due to it's proportion of scam. Few of you might already know about this scam but thought to share through this post to those who are not aware of this and what we can learn from such schemes.This company was started it's operation in the year of … [Read more...]
Fee-Only and Fee-Based Financial Planners-Who is best for you?
Today their are different type of Financial Planners in market who by small differences in their service types can name themself. In all other cases it is easy to understand the difference between but when it comes Fee-Only and Fee-Based Financial Planners, it is commonly mistaken that both are one … [Read more...]
Error in E-filing of Income Tax? Now rectify under Sec.154 application.
It is common to make clerical mistakes when you are e-filing your IT returns. Reasons may be you are totally new to the process or you dont know the way of creating XML file which need to be uploaded to the IT website. Recent ruling clarify that you can rectify such type of errors under … [Read more...]
Family Savings Account-Club your family bank accounts into one group.
Suppose you and your family members have savings account under one bank then you can easily club all the accounts under one family account and reap the benefits using "Family Savings Account" option. It includes a lot of advantages when it comes to operating, as whole group is assigned with one … [Read more...]