Personal Finance 2.01

NCD, Pension Returns, Target Investment Plan, Gold Investing and More

Ranjan — Fri, 23 Dec 2011 14:20:28 +0000

Here are some updates on personal finance that you may find useful.

Questions, please ask here

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Thank You For 1 Million Views

Ranjan — Fri, 16 Dec 2011 05:12:37 +0000

One Million Content Hits, Thank You

Posted: 15 Dec 2011 08:27 AM PST

Just noticed that my website crossed 1000000 content view hits. Thanks for reading. The site has content on 347 topics and growing.

1 Million!

The statistics are on the right sidebar, near the bottom of the website, if you are interested.

More importantly, thanks for your emails and calls that encourage me to share more and more information.

Thanks.

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Useful Links on Personal Finance and More

Ranjan — Sun, 13 Nov 2011 13:36:53 +0000

Here are some links that you may like to read:

Higher Interest Rates for Small Savings Schemes: You get higher interest rates in your PPF and the max you can invest in PPF is up from Rs 70K to Rs 100K.
Overview of Financial Institutions Players In The Financial Markets: A primer on the players of the financial system
Deciding Between Personal Loans v/s Gold Loans: Some pointers on loans and their interest rates
The Basics of Buying Your First Home: Home loan guide
A Study on Physical Gold and Gold ETF: Everyone’s talking about gold. We too!

Any pointers on what I should write about? Thanks

If you are open to taking a significant amount of risk for capital appreciation, equity and equity related mutual funds are your best bet. That means if you are investing in equity MF’s through the systematic investment plan (SIP) route for your long term objectives, do not discontinue the existing SIP’s.

However, if you are conservative and think that the safety of capital is paramount, but still want returns better than what fixed deposits can offer, debt MF’s is the right fund for you. You can diversify across debt paper of varied maturity periods which will ensure safety of capital as well as optimum returns.

Selecting the right fund according to your risk appetitive is a very important aspect of investing as you yourself are going to enjoy the profits earned.

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Money Management LinkFest

Ranjan — Tue, 08 Nov 2011 12:40:02 +0000

Want to read useful articles on managing money? Here's a list

Let us know what topics do you need more information. Thanks.

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Links on Personal Finance, Financial Planning and Related News

Ranjan — Wed, 19 Oct 2011 07:14:49 +0000

Here are the links on personal finance that has been posted on my website on personal finance.

Thanks,

Founder, RupeeManager
Blog; Website; Software

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Stock Shastra: Investing in PPF

Ranjan — Mon, 10 Oct 2011 11:20:46 +0000

Stock Shastra, a MoneyWorks4me initiative has an article on investing in PPF

Public Provident Fund (PPF) is perceived as an investment option with the lowest possible risk. Most of us plan it as a part of our long-term investment strategy, owing to its certainty and safety – its backed by the Government after all; to add to this, the money is also exempted from tax!

But is it as good as it sounds? Though this investment is ‘Government-backed’ one needs to think about whether this investment is actually very safe and also whether it provides returns commensurate with the risk and rising inflation. In this article, we become the Devil’s advocate and question whether it is still a good investment option.

Read on for more

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Happy Independence Day!

Ranjan — Mon, 15 Aug 2011 07:34:16 +0000

свети атанас

BrahmaKumaris message on Independence Day:

Happy Independence Day!

Often we feel trapped – sometimes by destiny or circumstances, other times by people or our own ‘sanskars’.

When there is an external stimulus, a situation or someone's words, we react automatically without being fully aware of the capacity of choice that we have or of the consequences of our reactions. We let our mind think even without realizing what we are thinking. We think on an autopilot and then blame others for how we feel.

Nobody forces us to think in one way or another; nobody can get into our mind except ourselves.

Freedom is being capable of choosing our thoughts and feelings and responding in every situation without being conditioned by external factors or the negative tendencies of our personality.

Today, let’s free ourselves from our old patterns of thinking and behaving, clean past hurt, resolve conflicts, let go of everything that we have held on to which only addicted us to pain.

Let’s simply be what we are in a natural way – a peaceful and loving being.

Freedom is just one thought away. Let’s create that thought today.

Happy Independence Day!

——-

Kindly note that if you are not receiving 'Positive Reflections For The Day' already and would like to receive it daily, please send a blank email to positivereflections02@gmail.com from your email address with 'SUBSCRIBE' written in the subject.

Warm Regards,
Brahma Kumaris

- Watch 'Awakening With Brahma Kumaris' daily on 'Headlines Today' at 6:30 a.m., 'Aastha' at 7:10 p.m. and 'Sanskar' at 10:00 p.m.
- Watch our new series on Healing Relationships – SOUL CONNECTIONS on ‘Awakening With Brahma Kumaris’ in English every Sunday, 9:30 pm to 10:30 pm on ‘Aastha’ Channel.

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Join India’s First RupeeCamp: A Personal Finance School

Ranjan — Mon, 14 Mar 2011 18:49:05 +0000

икониI am happy to announce the first RupeeCamp for your consideration. RupeeCamp is possibly India’s first structured program for both learning and implementation of your financial decisions.

It is a unique initiative and readers have called it an innovative product.

RupeeCamp is not just about education and financial literacy. It’s totally outcome oriented where you will take financial decisions and set up your financial plan. Check out the website for more details

RupeeCamp details are embedded below and you can download the details. I will be happy to answer questions.

RupeeCamp Introduction

View more presentations from RupeeManager

I would be delighted if you decide to attend the first RupeeCamp at Mumbai. Please send me a mail to me on ranjan@ranjanvarma.com for a special discount coupon code. Thanks.

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SBI Bonds Issue: 2011

Ranjan — Wed, 02 Mar 2011 23:24:03 +0000

SBI said it plans to retain a portion of the retail over-subscription to its tax-saving bonds issue, which will take the total amount raised through the mega issue up to Rs 5,500 crore.

"We will retain up to may be Rs 5,500 crore… The rest we will return," Bank Chairman O P Bhatt told reporters on the sidelines of an IBA conference here today.

As against an allocated Rs 1,000 crore, subscription by retail investors stood at Rs 4,500 crore, while an additional subscription of nearly Rs 4,000 crore came from other investors, including high net-worth individuals.

"Our terms of issue are such that in the retail segment, we could take as much as we want up to Rs 10,000 crore, while from other investors we can take up to Rs 1,000 crore," Bhatt explained.

The issue, which had opened on February 21, closed yesterday. Investors were attracted to the issue because of its competitive coupon rate and the timing, as the end of the fiscal is usually when individuals do tax-saving investments.

This issue is part of the Rs 10,000 crore retail bond programme SBI has planned for FY'11 through FY'12. The bank had raised Rs 1,000 crore through in the first tranche of the issue last October, which was oversubscribed 19 times. That was the first retail bond offering in the country by a corporate entity.

The bank is offering a 9.75 per cent coupon rate to retail investors on the 10-year bonds and 9.3 per cent for non-retail applicants. These bonds carry a call option in the fifth year.

For the 15-year bonds, the coupon is 9.95 per cent for retail investors and 9.45 per cent for non-retail investors. These bonds have a call option in the tenth year.

Source: http://economictimes.indiatimes.com/articleshow/7610722.cms?intenttarget=no
Ranjan Varma
Blog; Website; Software

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UTI Fixed Maturity Plan

Ranjan — Wed, 16 Feb 2011 13:39:56 +0000

We saw a review of FMPs and here's an announcement

UTI MF announced the launch of UTI Fixed Maturity Plan – Yearly Series – February 2011 (YFMP 02 / 11) and the details are as given below:

UTI Fixed Maturity Plan – YFMP (02 / 11)

Launch Date/Specified Transaction Date (in case of interval fund)	Last Date	Maturity Date	Minimum Amount	Entry Load
16-Feb-2011	21-Feb-2011	March 23, 2012	10,000 (Retail) 1 Cr (Institutional)	Nil

Who should Invest?

	For all class of investors i.e. Corporates , HNIs , MNIs & Retail who have a pre decided investment horizon. - As a prudent investor one needs to have a proper asset allocation in place and FMPs offer that much-needed stability to the investment portfolio. - Thus, even aggressive investors who normally prefer equity investments should invest a part of their corpus in FMPs.
	Investors who are not satisified with the returns from conventional fixed income avenues
	FMPs are ideal for - Risk-averse investors who seek safe avenues for investment and in the process keep money in the form of bank deposits - Investors who want to park money for a fixed period of time with a view to meeting certain financial goals in near future

The Tax Angle

In the case of FMPs the return can be in the form of dividend or
capital appreciation depending upon the option of the investor
- Dividend is tax free in the hands of the investor while the fund
   has to incur a Dividend Distribution Tax
- In the case of investments for more than a year and under
   growth option, long-term capital gains tax at 11.33% (without
   indexation benefit) and 22.66% (with indexation benefit) is applicable

Ranjan Varma
Blog; Website; Software

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Personal Finance 2.01

NCD, Pension Returns, Target Investment Plan, Gold Investing and More

Random Posts

Thank You For 1 Million Views

Most Commented Posts

Random Posts

Useful Links on Personal Finance and More

Random Posts

Money Management LinkFest

Random Posts

Links on Personal Finance, Financial Planning and Related News

Random Posts

Stock Shastra: Investing in PPF

Stock Shastra, a MoneyWorks4me initiative has an article on investing in PPF

Random Posts

Happy Independence Day!

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Join India’s First RupeeCamp: A Personal Finance School

Random Posts

SBI Bonds Issue: 2011

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UTI Fixed Maturity Plan

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