How side pocketing works in a mutual fund's investment portfolio
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1. Side pocketing is an accounting method used to separate illiquid investments from the more liquid and quality investments in a debt portfolio. ...Click on Read More
What you must know when making a gift deed
A gift deed is a document that records the act of giving a gift and is executed between the donor (the person giving the gift) and the donee (person receiving the gift). ...Click on Read More
How strategic personal finance management can help pick the most suitable investments for you
By Uma Shashikant
What does the unknown and unexpected do to us? Are we thrown off balance, unable to decide? Are we so unsettled that we d...Click on Read More
How to put your financial affairs in order
Sumer is not sure whether he has handled his money and investments right over the past 10 years. For one, he feels he is still not in control of his financial situation....Click on Read More
How dividends are taxed
1. A domestic company has to pay the dividend distribution tax...Click on Read More
Five ways to e-verify your ITR
Income tax returns (ITR) filed online need to be verified by the assesse...Click on Read More
Why many high income earners are left with little money in the end
By Uma Shashikant
Last week, I watched the biopic of a famous South Indian actor—a touching portrayal of a successful star whose fame...Click on Read More
Is buying house and paying loan EMIs a good way to enforce saving?
Arijit’s track record is not great as far as savings are concerned. Apart from the mandatory Provident Fund and investments for tax saving, he has not yet got around to ...Click on Read More
What is value at risk?
1. VaR gives one single risk measure aggregating all positions in a spot or derivatives market.
2. It is measure...Click on Read More
Physical shares transfer deeds executed before Dec 1, 2015: Change in processing rules
In order to standardise documentation and procedure for transfer of securities held in physical form, Sebi with a circular on 6 November 2018 mandated new guidelines. It will ...Click on Read More
How to discover the joy of giving away surplus wealth
By Uma Shashikant
Many of us acknowledge the power of giving. We understand that the less fortunate amongst us need our help. We know that ...Click on Read More
Do you have a high paying job? Use the surplus to diversify your investment portfolio
Forty-something Abhinav earns a high salary. He spends a lot on cars, clothes, holidays and other such luxuries. His logic is that since he is earning so much, he should not d...Click on Read More
Different phases of a business cycle explained
1. In the expansion phase, there is increase in economic activity such as production, employment, output, wages, profits, demand and supply of products and sales. <...Click on Read More
Banking and investment changes a resident Indian needs to make on becoming NRI
When a person becomes a non resident Indian, he needs to inform his bank and investment companies he transacts with about his changed status.
Why a lottery ticket is a cheap source of fantasy about being wealthy
By Uma Shashikant
Lunch hours in offices of Atlanta featured a common buzz the past month—the Mega Million lottery, with a prize mone...Click on Read More