MintMoneyMoney BoxMarch 29, 2019by Monika Halan0New Middle India’s pushback and the Big Indian Dream
Why the emerging middle India is suspicious of the old elite.
Why the emerging middle India is suspicious of the old elite.
The Infrastructure Leasing and Financial Services (IL&FS) contagion is spreading. After mutual funds and non-banking financial companies (NBFCs), it is the turn of the exempt pension funds to be worried about their investment in bonds from the beleaguered institution. The story is: as non-performing asset-laden banks dried up lending to firms, these companies turned to...
Understand the budget better. We will not pay lower income tax anytime soon. More Indians need to pay income tax before the rates go down.
“A systematic investment plan, or SIP, is a route to a mutual fund and not the mutual fund itself,” explains personal finance expert Monika Halan in this episode of Money With Monika.“An SIP is similar to a recurring deposit (RD) in a way that it cultivates a savings habit, but they differ in returns. RDs...
Debt funds carry risk that many sellers don't talk about. Watch this to understand debt funds better.
RBI's independence is important but so is accountability in its function as a regulator of banks. Retail consumers have suffered this lack of accountability in India due to RBI's turf issues.
Kids do what you do and not what you say. The key to financially cool kids is to be cool yourself!
Do not trust deals that promise to make you rich overnight or deals that promise to make you rich without investing any money or time.
Give your money box a Deepavali deadline. Create it, fill it and fix it.
There is enough evidence that mutual funds were out of line and therefore the intervention by Sebi. What it means is lower costs for investors.