समृद्धि की पाठशाला

    NPS vs MF   R etirement planning is an important part of any one’s   personal money management.   Two most important options while creating Retirement Corpus are   1.NPS (National Pension Scheme)   and 2. Equity Mutual Fund   Please note that retirement corpus can not be created in day 1. It is a Long term process and requires time and patience.     NPS : Many people have subscribed to NPS   simply because his friends have subscribed and they know it is a govt scheme so it will be risk free. Please note that NPS is not risk free and   does not guarantee protection of your Principal and/or return. Returns are earned by market parameter coz corpus of NPS also invests in Capital Market.   National Pension Scheme – The NPS is a contributory pension system where the subscriber contributes to the fund over their working life and at retirement draw the corpus so created to buy an annuity that wi...

  All about NON REFUNDABLE LOAN It is also known as   Reverse Mortgage Loan (RML) , in funny word it is the loan that you NEVER have to pay back during your life cycle . Looks crazy … every one will be attracted to such loan which one will   never have to pay back during his life time , is not it???   And   in fact it is true.. Reverse Mortgage Loan (RML) is a Scheme developed by the National Housing Bank (NHB) to help Senior Citizens (persons above the age of 60 years) to avail of periodical payments from a lender bank against the mortgage of his/her house while remaining the owner and occupant of the house. The borrowers are not required to service the loan during their lifetime and, therefore, do not make monthly repayments of principal and interest to the lender. Why it is called Reverse Mortgage Loan : In normal mortgage loan , borrower has to pay back to lender bank periodically in the form of EMI . But in Reverse Mortgage Loan , it is lender (not...

  Taxability of Income after death of Tax payer   During the deadly pandemic COVID-19   (even in normal time) , lots of person expired and his/her legal heir finding it difficult to understand how to file income   tax returns of the deceased person . Unfortunately Income tax dept is not so kind or sympathetic towards bereaved family , and it is mandatory for   legal heir to file his Tax return .   The whole details are available in  section 159 of the Income Tax Act, 1961 (Act) . According to section 159 of the Income Tax Act, 1961 (Act), if a person dies, then his legal representatives shall be liable to pay any sum which the deceased would have been liable to pay if he had not died, in the similar manner and to the same extent as the deceased.     This article is for the benefit of such person   and explains step by step the process.   First estimate if the deceased person has any taxable income during the...

  All about 26AS, AIS &   TIS   All of us who file Income Tax Return know what is 26AS. It is summery of Tax paid during a Financial year under your PAN by different deductors like your Employer , Bank, Investment companies etc. In most cases it   correctly mentions total Tax paid during a FY under your PAN , however it does not mention detailed financial transactions done under your PAN .   The Income Tax Department, on November 1, 2021, launched a new statement for taxpayers called the Annual Information Statement (AIS). The new AIS provides the taxpayer with details of most digital financial transactions carried out by him/her during a financial year (FY). The AIS contains more information than what is available in a taxpayer's Form 26AS.   Here is all you need to know about AIS and how it is different from Form 26AS. What is AIS? The AIS is a comprehensive statement containing details of financial transactions done by you and repor...

  What is Business Cycle Fund and Should you invest in such fund. ??   Before we understand Business Cycle Fund, we must understand in brief what is Business Cycle…   The four stages of the cycle are  expansion, peak, contraction, and trough . Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle.   The classical business cycles are identified as recurrent, alternating phases of expansion and contraction in a large number of economic activities.   So by   navigating business cycles accurately, an equity fund can become an all-weather investment vehicle.   Business Cycle Fund aims to deploy the business cycle approach to identify economic trends and invest in sectors and stocks that are likely to outperform. Historical observation and analysis of trends shows that there are   evidences to suggest that the nature of the stocks that do well...

    What is Contra Fund   A contra fund is distinguished from other funds by its style of investing. A contra fund takes a contrarian view of an asset, when it either witnesses exuberant demand from investors or is shunned by them at a particular point in time due to short-t erm triggers. The asset’s poor performance or outperformance leads to distortion in valuations, which is what a contra fund seeks to capitalise on. The underlying assumption is that the asset will stabilise and come to its real value in the long term once the short-term concerns plaguing it either become irrelevant or are mitigated. The idea is to buy assets at a cost lower than its fundamental value in the long term. Investors must take note of the fact that contra funds may not perform in the short term because of the kind of assets they invest in. The contra fund may pick up stocks that are out of favour or invest in sectors that are witnessing a slump. A fund that seeks to capitalise on a comm...

How to get Confirm IPO Allotment   So you missed IPO of Tatva Chintan, Zomato etc. These days there is IPO boom and listing gains in most IPO is huge , naturally there is heavy rush to subscribe new IPO, due to this frenzy rush most IPO are many fold oversubscribed. Recent  IPO performance  has shown quite promising results during the listing gains in which some IPOs have provided with listing gains of as high as 102%. (Example Tatva Chintan )  However most investors are not so lucky to get allotment. Here are some tips to get more chances of allotment.   There are any upcoming IPOs in the line in which you can apply this strategy  and increase your chances to get confirmed allotment. Some of very good forthcoming IPO are Devyani International, Krsnna Diagnostic, Windlas, Jana Small Bank, Sri Ram Properties, Adani Wilmar, Paytm,  Rushi Soya, Go First , Star health Insurance etc.   How to get Confirm IPO Allotment? Some basi...