Financial Planning

Risk Profiling & Financial Planning Mr. Gurmeet and Mr. Rajesh are both working professionals. Gurmeet is a 28-year-old young individual and Mr. Rajesh is in his early 40’s. Do they have the same risk profile? The answer is NO. Let’s take another example, suppose both are of the same age with one being a salaried employee and other a businessman, again the same question “Do they have the same risk profile?” The answer will still remain the same “NO “. Why? Risk profiling before any investment is an immensely critical part. Many of us fail in assessing the risks involved with individuals and investment. A 28-year-old salaried professional will have different risk profiles compared to a 42-year-old salaried professional. Similarly, 28-year-old a businessman will have different risk profiles compared to a 28-year-old salaried professional. Their life’s financial goals are different, their risk appetite is different. In today’s world, each individual has its ...

Financial planning for Retirement fund In today’s world, everyone is running towards making his or her life more comfortable financially. Be it urban or rural population both save money for their future. In our life, we have all sorts of financial goals like children’s education, vacation planning, children’s marriage or buying a new car. But out of this which we don’t consider is the most important task of life which is retirement funding. At a particular age, individuals will stop earning fresh money but expenses will still be there. Major percentage of individuals starts saving for retirement fund after they cross the age of 45 plus. This is actually very difficult to build a decent corpus for retirement at that age as major of liabilities and goals start maturing at that time and which leads to higher expenses and generally individuals are left with no or small corpus of retirement fund. Retirement is actually a period wherein an individual will definitely wish to tra...

  MUTUAL FUNDS: LOOKING AHEAD Being a retail or HNI investor, majority of investors have chosen mutual funds or systematic investment plan as investment tool. When Retail investment products like fixed deposits, NSC, KVP & etc. products have become dull products on returns parameter, then as Investors many people started investments in mutual funds for better returns. The golden period of returns from 2016 to 2018 has gone now. Markets are showing uncertainty in lieu of global cues, political uncertainty, higher crude prices, high bond yields, and higher dollar prices. If we see the returns pattern from the last three months in the major of the funds, they are negative.   Is it the end of the mutual fund era? Major of investors, with the help of an investor education program and mutual funds initiative program, started investments in mutual funds and other structured products as traditional products became less lucrative in terms of returns. With the way of SIP...

Union Budget 2018-2019: Impact and Analysis Annual budget proposals have been tabled yesterday by Mr. Arun Jaitely (Finance Minister) in Parliament. There were many proposals to boost the rural economy, employment situation and controlling inflation. There were proposals towards making India a manufacturing hub also. Make in India is the flagship program of our government and the budget has given focus on this. Apart from this, the government has also focused on social sector reforms by introducing a health care scheme for 40% of the population of India. Corporate tax has been reduced to 25% from 30% for SME and MSME whose turnover is less than 250 Cr in a year. Union Budget Proposals Indian stamp act to be modified in consultation with states.   Bank Bill discounting to be linked with GSTN. New gold policy to be announced. Fiscal Deficit at 3.5% of GDP for 17-18 and 3.3% of GDP for 18-19. Presumptive income tax compliance for bu...

“Nifty @ 10000” Buy Sell or Hold Mutual fund Indices have witnessed an all-time high in July. Every day there is movement in different indices. It took 90 days to nifty for moving from the level of 9000 to 10000 on the index. Now, what next?  This is the major question coming to every investor's mind. Mutual fund investor preliminarily chooses funds as an investment vehicle because they are not much aware of the markets or they don’t have time to monitor the market on regular basis but extraordinary movement in market has made them cautious. What to do on these levels of different indices? This is the most important question which every investor is facing as of now. We have to understand the different aspects of the market. Markets move on strong fundamental growth of the economy, government decision-making ability and corporate earnings. We say that strong indices are a reflection of a strong economy which is absolutely true al...