Tips or Useful Information

Dear all,

Hi my name is ajay, I am an NRI living in dubai for 10 years now and am employed here. I would like to take some investment related advice. I wanted to know is investment in mutual funds in india is it a good option. Please give your views

Hi

My sister turned 18. I am goi to get a pan card . But she is not having any income. she s doi her engineering.

Am i allowed to invest on her name(some 2000) per month ?

As there is no tax if we gift among the blood relatives.

Pls guide me

Regards
Vignesh

Does anyone having an Excelsheet, where we can track our investment (Stock, Mutual Fund), Insurance, EPF, FD and other investment?

I had ICICI Pru Life stage pension policy, which was taken ,when i was not aware of this blog.

first premium was on 26-MAY-2009, 3 premiums paid already with 30 k per year,presently next premium is due on 26-May-2012..

as there is no insurance part is selected, total amount will be in investment. even though fund performance is medium ,but due to charges,present fund value is around 87k ( total paid is 90k)

if policy is surrender in 3\\\’rd year it is 92%, and 4\\\’th, 5\\\’th, 6\\\’th like that is 94%,95%,96%..
end of 10 years 100% fund value will come.

please let me know, surrender the policy now make sense, or should pay due premium and
surrender it ..

Thanks,
Rama

Hi Experts:

Let’s assume a hypothetical scenario. I’m saving 5500 p.m for my daughters education (19 years away) with a goal of accumulating corpus of 50L. Assume that 50 L is enough and I can only put in 5500 p.m and cannot increase it.

Now, let’s assume that after 14 years, my target is reached (5 years ahead) due to good market conditions. It’s very possible — for all the doubters, go to http://www.moneycontrol.com/mutual-funds/nav/hdfc-equity-fund/sip-calculator-MZU001.html and you’ll see that you would have gotten a CAGR of around 25% from 1999 to 2012.

Anyways, coming back to the question, once target is reached, what to do? Move entire amount to debt fund? Or do a STP to debt fund? In both cases, if the current tax situation prevails LTCG is imposed. Both methods have plus and minus.

Plus in moving entire corpus to debt fund is that you’re off course protecting the target. Minus is that you’re possibly missing out on further gains.

Can experts shed some light on this?

Thanks,

Ram

Suppose I invested by buying a Home Rs.1 Crore.
Down payment is made by me.
Take a loan of Rs.60,00000 lacs.
EMI is paid by me,Wife,Father and mother equally.(4persons)
I want to know how the principle and Interest paid by us should be claimed for IT purpose.
Total Int paid=600000
Total Principle amt paid=10,00000

is it advisable to invest in Kerala Transport development finance corporation or Tamil Nadu power finance ltd. how safe are these and do they have any crisil ratings.

As we have seen more questions in this forum regarding the ulip and mutual funds

I have seen one article which is actually conveying the reverse what i thought till now regarding ulip and mf

http://www.rrkfinserv.com/2012/04/ulip-plan-cost-vs-mutual-fund-cost-some.html#comment-form..

Experts Pls comment on this.

my name is sonam…30 year old…married…6 year daughter…i worked in restaurant business and last 5 year i have save 5 lakh cash…which i save in saving a/c…now i would like to invest this money in some secure investment……. this days my monthly saving goes to 30000/-….i want to invest this cash for long term 10-15 years after which i will able to use for my daughter higher education and my personal expenses..

Policy due date is on 31-MAR,

please let me know, if the premium paid in APR month( grace period is one month.)) will come to which Financial year either it comes to old year or new year ?

– Rama