Recently I wrote a post "Top 10 Best Mutual Funds to invest in India for 2015" and a reader commented that he is investing in two funds called HDFC Top 200 and HDFC Equity. He asked my opinion. I found that 72% of his investments in these two funds overlap. So is it a better investment?Usually … [Read more...] about How to compare Mutual Fund portfolio overlap?
Archives for December 2014
The new year is around the corner. Every year we take up resolutions to improve our life. Some may be big and some small. But when it comes to finance, let us start with simple resolutions.1) Increase your contribution at 1% to 5% to each financial goal yearly.An increase of 1% to 5% … [Read more...] about 15 Simple New Year Personal Finance Resolutions
Whoever has Internet Banking facility may have come across NEFT or RTGS money transfer facility. However, do you know the timings of these facilities? Few times your money transferred instantly and few times, it will be delayed. It is all because of schedule timings of NEFT and RTGS. Also, RBI … [Read more...] about Do you know NEFT and RTGS money transfer new timings?
The market looks very positive and all equity mutual funds showing huge returns. So which one to choose, those who are consistent or those which given 60% to 70% return in this booming market? Let us short-list the funds for your investment in mutual funds for 2015.Note-I published the new … [Read more...] about Top 10 Best Mutual Funds to invest in India for 2015
Today BasuNivesh completed 3 years !!! An initiative started to spread what I learn is now reached to this high. I started this blog exactly three years back on 11th December, 2011.What are the current statistics of BasuNivesh Blog (As on 11th Dcember, 2014)?Total Articles published as … [Read more...] about BasuNivesh completed 3 Years !!!
LIC launched one more traditional endowment plan on 9th December 2014. This plan named as Limited Payment Endowment Plan (Table No.830). Let us look into its features and review it.As the name suggests, it is the limited payment Endowment Plan. It means, suppose you opted a term of 12 year, … [Read more...] about LIC’s new plan Limited Payment Endowment Plan (Table No. 830)-Review