Budget 2023
Positives Across industries and across socio economic section Tremendous focus on Green & rightly so Infra Investment - 10 Lakh crore Small savings reforms and thus big boost to retirement planning for masses Investments POMIS to 9 lakh & joint account...
Edelweiss Recently Listed IPO Fund
IPO's have lately been making a lot of money for everyone. An IPO fund is an interesting way to participate in this activity. We have identified an opportunity with an IPO fund; a mutual fund scheme that invests and IPO's on an institutional level and continues to...
𝗦𝗼𝗺𝗲 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗥𝘂𝗹𝗲𝘀 𝘄𝗲 𝗮𝗹𝗹 𝘀𝗵𝗼𝘂𝗹𝗱 𝗯𝗲𝘁𝘁𝗲𝗿 𝗸𝗻𝗼𝘄
- Rule of 72 (Double Your Money) - Rule of 70 (Inflation) - 4% Withdrawal Rule - 100 Minus Age Rule - 10, 5, 3 Rule - 50-30-20 Rule - 3X Emergency Rule - 40℅ EMI Rule - Life Insurance Rule 𝗥𝘂𝗹𝗲 𝗼𝗳 𝟳𝟮 No. of yrs required to double your money at a given rate, U just...
Income Tax Deductions under Chapter VIA
Deductions.... Last Updated FY 22-23 Sr. No. Section Details Limit Comment 1 80C Payment towards Life Insurance Premium Rs.150000 Conservative Investment. 2 Provident Fund Applicable if you are salaried. 3 Repayment of Housing Loan (Principal Component) Applicable if...
Small cap fund Recommendation
Good things come in small packets, right? We have something just like that. Our key recommendation for you… https://www.youtube.com/watch?v=G2xk2HqqENs&t Small cap funds. You might be astonished to know that these funds have delivered in excess of 80 to 90%...
Market update: 12th April 2021
Good Evening: thanks Today Indian indices fell by nearly 3.5% but what caused the fall? Market doesn't like uncertainty. Today indices fell with the current news of increasing Covid-19 cases and possibility of an impending lockdown. However, I personally don't feel...
Money Myths
Online purchase of insurance can fetch you a good deal : Premium may be lower due to reduction in insured value, change in plan features. Holding funds for long term harnesses the power of compounding : Yes in principle however it is the profits that grow over time....
7 Habits of Financially Successful People
Quick Decisions : Delay and procrastination can result in many lost opportunities. Take your time to analyze and if you don't understand then trust the professional (not your banker). Total risk management : By securing adequate...
The Impact of Budget 2021 on Your Money
Budget 2021 clearly showed intent to progress and forge ahead. Stability shown by not altering any tax laws per se. Lots of annoucements with a lots of caveats too… but that’s ok so long as we are in the right direction.
5 Reasons to Invest in MNC Funds
These stocks move consistently and keep growing shareholders and investor’s wealth.
Transcend Investment Update #03/10042020: History starting to repeat itself…
History starting to repeat itself… Worldwide we are all in a lockdown and one of the best things we could do is to relax and rejuvenate ourselves for the years to come. Let’s learn something new, try something different, spend time with family and enrich...
Transcend Investment Update #02/18032020
The march downward continues… This March of 2020 continues to be filled with anxiety and stress. The stock market has been continuously marching downwards. This is not the first time we’re seeing something like this. In the history of the last 30 years of our...
Transcend Investment Update #1 / 07032020
Fall in markets_March 2020 Greetings everyone: I know that you might be a bit concerned over the fall in our stock markets & markets around the world. We had a hard time last week & this week has been no different. Markets are falling and...
Keeping your money safe from Banks!
It is now quite clear to everyone that keeping money with the banks is a big risk. The problem is that you will not know the problem till the problem is so big there is no solution to that problem. The other problem is that it is very difficult to say which bank is...
Financial checklist in times of crisis
Here is a list of 10 things you should look at in times of a crisis. Given the current pandemic situation, here are some things you can consider doing to keep yourself financially safe.
Freedom Thoughts…
Two People; Same Profile; Whose life would you choose to have? Two friends 👬 with the same professional and educational background start of their life at age 25. Both are same in all respects and have the potential to earn the same amount of money. One goes into a job...
HOW TO SAVE INCOME TAX ON REAL ESTATE INVESTMENT
Publication details: Zee Business – July 9, 2019 Responses, opinion and view from Kartik Jhaveri Real estate has remained one of the most favored investment options among investors. Reason for this is the fact that in the first decade of the 21st Century, real estate...
Life at 40k
Life begins at 40.This is the age of maturity. That's what happens when we reach 40. Our markets have scaled 40,000 on the Sensex!From about a level of 100 in the year 1980 to about 6000 in the year 2000 to about 40000 in the year 2019. Do the math and you...
ELSS vs NPS vs PPF – Retirement planning with Income Tax savings | Which one is a better investment?
Publication details: Zee Business Responses, opinion and view from Kartik Jhaveri ELSS and NPS are mainly known as a retirement-oriented savings vehicle options and ultimately serve the same purpose. But, the ground zero reality is different. Most of the investment...
Life Insurance vs Accidental Insurance: Why one should buy both?
Publication details: Zee business Responses, opinion and the view from Kartik Jhaveri Life insurance plan is among the top priority of an Indian investor because it helps an investor to plan for his or her family even when they are not around them. Another...