Category: ETF

Feb 12

RAJIV GANDHI EQUITY SAVING SCHEME(RGESS)

Rajiv Gandhi Equity Savings Scheme or RGESS is a new equity tax advantage savings scheme for equity investors in India, with the stated objective of “encouraging the savings of the small investors in the domestic capital markets.”. It was approved by the Union Finance Minister,  P.

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Sep 13

FOOL’S GOLD

The other day I was sipping my Scotch and Soda at the club when Mr Prasad spotted me. We exchanged pleasantries and then he started enquiring about gold ETFs and investment in gold as an asset. I said, “Sir, Gold as a real return generating asset does not match up with real estate or equity. …

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Aug 31

WHO WANTS TO BE A MILLIONAIRE?

Jude  is a young  officer in the forces. The other day we met at a social do and happened to chat. Jude was interested in stocks but was completely unaware of how it works? Also, he wanted to invest in a flat. He had mentioned that someone came to him and was asking to buy …

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Jul 17

LIFE INSURANCE DEMYSTIFIED

Most people I meet or interact with, consider Life Insurance Policies as investment. It is the biggest myth for an investor.  Almost everyday, I get a query on Life Insurance or ULIP or some other insurance plan and invariably the question is, “Should I take this plan? There is an assured return of xyz amount.” …

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Jun 27

MUTUAL FUNDS AND NFOs: METHOD IN MADNESS

Almost every one whom I meet these days asks me for one great “stock tip” which could double in one month. If I was as clairvoyant as that, I could have taken a Premature Retirement and relaxed on a beach in Jamiaca sipping a Pinacolada. I dissuade such friends from investing in stocks, because they …

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Jun 17

INVESTMENT IN GOLD AND GOLD ETFs

Mukul met me on the golf course and asked me, “I have been buying units of Gold Exchange Traded Funds (Gold ETFs) as an investment. Isn’t it a good idea ?”  

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May 21

THE BEST INVESTMENT FOR A PASSIVE INVESTOR

The other day, I got a call from one of my golf buddies. He asked a very innocuous question, “I am having a lot of mutual funds in my portfolio, what should I do?” I gave a very simple reply, “Sell all of them and only buy a Nifty based Exchange Traded Fund (ETF). Buy …

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