Issue of 22nd Jun-28th Jun 2018
LEAD ARTICLE
financial magazines online
Forget 16%-18%. Here’s Why Expected Returns from Equity Funds Should Be Much Lower
All of us have come across catchy graphics showing the power of compounding in investments. These usually read: “If you invest Rs5,000 every month, it can grow to Rs1 crore in just 20 years.*” There is always an asterisk sign in there somewhere which mentions ‘at 18% annual returns’.   It’s quite easy to arrive at Rs1 crore, if you... Read More
Moneylife Digital Team
DIFFERENT STROKES
Last week, I argued that the rush of auditor resignations, triggered by the tough regulatory action against PricewaterhouseCoopers (PwC), was a rare occurrence in the Indian context and good for investors of listed companies. Exemplary punishment is far more effective than endless rule-making...
STOCKS
Mahindra & Mahindra Financial Services Ltd (MMFSL) reported extraordinary growth in the March 2018 quarter when revenues rose 17.61% and operating profit was up 34%. Thanks to a limited rise in expenses, net profit was up a stupendous 79.42%. This growth comes on the heels of extraordinary...
Moneylife Digital Team
The current phase in the stock market is unique. It defies many of the past patterns that have played out in markets around the world. Stock indices are now trading at ‘nose-bleed’ valuations. The Nifty P/E (price-to-earnings ratio) at ~26 is almost the highest ever. The last three times the...
Among the largest value creators of the past few years have been non-banking finance companies (NBFCs). By focusing on the demand for retail finance, these companies are gaining market share rapidly mainly from public sector banks (PSBs) which are hobbled by bad business loans and, hence,...
Moneylife Digital Team
MUTUAL FUNDS
As you know by now, the market regulator has announced extensive changes in classification of mutual fund (MF) schemes. One of them, on the debt side, is ‘Floater Funds’. This type of scheme is supposed to invest a minimum 65% of its assets in floating-rate securities. Such securities are...
Clinton Fernandes
INSURANCE
IDBI Federal Life announced the launch of ’Dream Builder Plan‘, a non-participating, non-linked plan on 13 June 2018.   The basic features of this plan are:     To understand the working of the plan better, let us consider what we give (or pay) and what we get...
S Narayanan
TECHNOLOGY
We all know that it is dangerous to talk or text while driving. But, invariably, when the phone rings or beeps, there is a tendency to pick it up or view the notification while driving. That is dangerous!   Driving Detective automatically detects when you are in a moving vehicle and...
Which is the safest park for kids in this area? Any affordable maths private tuition around here? Know a good electrician / plumber nearby? Any good ayurvedic chemist nearby?   Location-specific questions like these keep coming up all the time. And it is best to ask local residents...
HEALTH
A lot of people, who wish to lose weight, are trying out what is called intermittent fasting. Fasting, as Indians know, is an effective tool to reset the system, especially the digestive system that has gone out of balance. Now, according to a new study published by researchers from the...
Moneylife Digital Team
Are the vitamin and mineral supplements you take of much benefit to your health? A study led by researchers at St Michael's Hospital (Canada) and the University of Toronto and published in the Journal of the American College of Cardiology, shows that supplements provide neither consistent...
Moneylife Digital Team
MONEY FACTS
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