Sathya Rao lived the idyllic life sailing around the world with her merchant navy officer husband Ganeshyam and their two children. Once they were ready for school though, she chose to settle down in Chennai and pursue her career as a lawyer. The responsibility of managing the family money fell on her since Ganeshyam was […]
How should we share expenses? Should we share bank accounts? This is a question from a young 20-something millennial who has come to interview me for a woman-focused website. She’s about to get married and is wondering how to deal with marriage and money. Some stories her friends have told her worry her no end.[…..]
Most mutual fund schemes diversify across stocks and sectors. But sometimes managers follow a concentrated strategy either due to a scheme’s mandate or because of the manager’s style. If these stock prices go up, the fund’s net asset value tends to rise sharply. But a concentrated portfolio can also backfire if the strategy goes wrong.[…..]
The financial year gone by, FY19, has been a landmark one for the mutual funds industry as well as investors. The re-categorization of schemes was implemented around the start of the year with schemes moving into category buckets clearly defined by the Securities and Exchange Board of India (Sebi). Around halfway through the year, problems[…..]