Claiming medical expenses from two policies
I have a ten lakh base policy and a 15 lakh super top-up (10 lakhs deductible) family floater policy from oriental insurance from 2008 covering me, my
Index fund tracking error screener Sep 2024
This index fund screener is based on tracking error and returns difference wrt benchmarks (aka tracking difference). The screener will help users evaluate
Should you invest in the Nifty 500 Momentum 50 Index?
There are currently two ongoing NFOs - Motilal Oswal Nifty 500 Momentum 50 Index Fund (and ETF) and Nippon India Nifty 500 Momentum 50 Index Fund. In this
How Sahil achieved a 10X retirement corpus by efficient portfolio tracking
In this edition of the reader story, Sahil shares his financial audit. A sequel to How Sahil Plans to Achieve Financial Independence by Efficient
ETF tracking error screener Sep 2024
This ETF screener is based on tracking errors and tracking differences (ETF return minus index return). The screener will help users evaluate how
10 Money Lessons Indian Parents Need to Teach Their Kids
Indian parents. Or what you call that species of human beings for whom you will always be a baby in your diapers, no matter how old you get and what great
My 23-year Investment Journey with Mutual Funds
In this edition of the reader story, we meet a retiree who has been investing in mutual funds for the last 23 years. This is an addition to our “mutual
Equity Mutual Fund Screener Sep 2024: Shortlist consistent performers
The latest freefincal Equity Mutual Fund Performance Screener is now available. Use it to screen for consistently performing equity mutual funds. You can
New PPF rules apply only to irregular accounts!
On 21st Aug 2024, the GOI announced Guidelines for regularising accounts opened in deviation from Rules stipulated under National Small Savings Schemes.
SEBI wants to allow part-time advisors: Good move or bad move?
In a Consultation Paper on Review of Regulatory Framework for Investment Advisers and Research Analysts dated Aug 6th 2024, SEBI has proposed the concept
Gold is as risky as equity and not a debt instrument!
A reader insisted that gold is a "safe " instrument and should be considered part of a portfolio's fixed income or debt. Nothing could be further than the
Do not be overconfident about equity! It could hurt your financial goals
It is clear from how many readers, particularly young earners, respond to freefincal content these days that they are overconfident about their equity
National Pension Scheme Fund Screener Sep 2024: Shortlist consistent performers
This is a National Pension Scheme Fund Screener to shortlist consistently performing NPS schemes. You can also spot NPS schemes with a higher return than
What is a “Specified Mutual Fund” according to Finance Bill 2024?
Budget 2024 clarified the definition of a specified mutual fund. This definition will be applicable from 1st April 2025. What about the change in taxation
Why Fee-only India’s Financial Advisors Don’t Charge Wealth-Based Fees
Regular readers may know that freefincal curates a list of SEBI-registered financial advisors that charge clients a flat fee. That is, the fee is
Nippon India Nifty 500 Equal Weight Index Fund Review
Nippon India Nifty 500 Equal Weight Index Fund is an open-ended scheme tracking the Nifty 500 Equal Weight Index. The fund is currently in its NFO period.
Stocks with low volatility and momentum for Sep 2024
We publish a list of stocks with low volatility and momentum each month. We provide data for BSE 500 and BSE 100 stocks. There are now three different
HDFC Nifty500 Multicap 50:25:25 Index Fund Review
HDFC Nifty500 Multicap 50:25:25 Index Fund is an open-ended scheme replicating/tracking Nifty500 Multicap 50:25:25 Index. We will discuss whether it makes
Why I prefer the National Pension Scheme to the Unified Pension Scheme
Since the Unified Pension Scheme (UPS) announcement, several readers have asked me if I would opt for UPS. In this article, I explain why I prefer the NPS
What is your idea of a comfortable retirement?
A reader asked, "What is your idea of a comfortable retirement?" A discussion. The answer is subjective and subject to significant change especially if we
What is the effective interest rate of the Unified Pension Scheme?
A reader asked, "What is the effective interest rate of the Unified Pension Scheme?" A discussion. As a pension scheme, it can be compared with life
My Stock Portfolio Analysis: Aug 2024
This article compares my stock portfolio with an equivalent investment in a Nifty index fund and the Nifty 100 Low Volatility 30 TR index. We post this
How much do I need to retire in 2024?
A reader says, "What is the corpus needed for a 50-year-old to retire immediately if my monthly expenses are Rs. 50,000?" Let us compute this using the
A thumb rule to decide between Unified Pension Scheme and National Pension Scheme
We discuss a simple, holistic guideline or thumb rule to decide between the Unified Pension Scheme and the National Pension Scheme. We have published a
Can I use NPS Tier II for tax-free rebalancing?
Since Budget 2024 announced a higher LTCG tax on equity mutual funds and removed indexation benefits for old debt fund units, many readers have asked us