Author: Nanda Kishore Sethuraman

Do you still have Regular Plans in your Mutual Fund portfolio?

Do you still have Regular Plans in your Mutual Fund portfolio?
Three powerful reasons why you should change all your Regular Plans to Direct Plans: Regular Plans have lower ratings compared to Direct Plan by India’s leading Mutual fund research – www.valueresearchonline.com Their ratings are lower They give lesser returns (almost 1.5% difference – meaning for every Rs.1 Lakh invested the returns are lesser by Rs.1500. And if you invest every year Rs.1 Lakh, then from 10th year onwards the loss is Rs.20000 per year) Fees charged by Companies are higher (This higher fees are passed on to agents who sold the plan) Here are a sample, and for the...
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What happens if I take PARACETAMOL for Stomach infection?

What happens if I take PARACETAMOL for Stomach infection?
We all know that Paracetamol is used for treating fever and it brings down the temperature. But, what happens if we use it for a Stomach infection? It will only aggravate Stomach infection. It is important to use right medicine. Similarly, it is important to use right financial products.  We often get confused and use wrong financial products. This leads to huge losses in the long term for us, we are not able to achieve financial goals. This article is written to help working professionals to select right product for right purpose. There are only 4 reasons why we need to buy financial...
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What makes us Rich – Financial Plan or Habits?

What makes us Rich – Financial Plan or Habits?
Most of us think to become rich we need a financial plan or great advice or more earnings. Neither Plan, Advice nor more earnings cannot make us rich. More we earn more we become unhappy. Most people who ar   e in the mid-40’s can well think about this – Most peoples earning have gone up at least by 20 times in 20 years since they started working. But how many are happy with 20 times increase in earnings. So what can make us happy and rich? There is a very famous book – Seven Habits of highly effective people by Steven Covey. The book talks about how habits can really h...
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