As we approach the end of 2023, we will look back some of the highlights of this year. India’ GDP grew by 7.8% in Q1 and 7.6% in Q2 of FY 2023-24 (source: Ministry of Statistics). As per S&P Global, India has been the fastest growing economy in G20 (the 20 largest economies of the world) in 2023. The equity market...Read More

Despite our best intentions, we usually end up spending more than we planned for. Each month comes with its own list of things that have to be done, like someone’s wedding, a celebration, a vacation for the kids, a treat for friends to celebrate a raise, the festival season, buying things for the home, investing...Read More

Financial planning to efficiently pay taxes conforming to the existing tax laws and rules, but at the same time taking advantage of the deductions and exemptions allowed by the government to reduce the tax burden is called tax planning. Reducing tax liabilities: By utilizing the various benefits allowed by the....Read More

Our Independence Day, 15th August is a day of immense pride for all Indians. India’s independence set her on a path of progress. Today India is the 5th largest economy of the world and one of the fastest growing major economies of the world. According to IMF forecasts India’s GDP growth rate in CY 2023 will be...Read More

Domestic consumption is one of the most important divers of India’s Gross Domestic Product (GDP). India’s final consumption expenditure is 71% of India’s GDP (source: World Bank, 2022). Since liberalization India’s consumption expenditure has grown rapidly along with the growth in our GDP (see the chart below). In CY...Read More

After a long period of volatility starting from October 2021, the Nifty 50 index has been in a strong bull market and is now at its all time high (as on 30^th June 2023, see chart below). Some investors may be tempted to book profits at these levels by redeeming their investments, but market level based profit booking is not the...Read More

In a few weeks, schools will reopen after summer vacation. The focus will be back on academics and school activities. Child’s education is one of the most important life-stage goals of parents, since good higher education is an important factor in career success of your child. Many parents will be willing to sacrifice some luxuries in...Read More

Schools will close for summer vacations. Children are eagerly looking forward to summer vacations for taking a break from their busy school lives, go to a tourist destination to indulge in fun and frolic. Parents also look forward to summer vacations to get a break from the hustle and bustle of their daily lives...Read More

FY 2022-23 was a difficult year for global financial markets. Russia’s invasion of Ukraine, high inflation and rate hikes by central banks caused major headwinds for stock and bond markets around the world. S&P 500 fell by nearly 9% in FY 2022-23 (source: Bloomberg, as on 31^st March 2023). India was a relative outperformer with...Read More

Many mutual fund investors may be familiar the term “Value Investing”. This term is often associated with the famous investor, Warren Buffet. However, the term value investing is not understood very well by many investors. In this article, we will discuss about value investing and value funds. Before we delve into value...Read More