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News

News

Daily Update
MAS Team
30 April 2021
Markets regulator Sebi has asked mutual funds to make a disclosure about scheme risk-o-meter, performance and portfolio details to investors only for the particular plans in which they have...
Magazine

Magazine

Regulations
Sucheta Dalal
22 April 2021
On 10thApril, The Times of India published a report to say that major banks, including State Bank of India (SBI), Bank of Baroda, Bank of India and HDFC Bank, had moved the Supreme Court (SC) of India to recall its six-year old judgement of 2015, which had ordered banks to provide certain information about their functioning under...

Columns

Must Read

Must Read

MAS Team
18 February 2021
Real Estate Investment Trusts (REITs) are a new asset class in the Indian financial market that offers exposure to income-generating commercial real estate. Essentially, REITs give the chance to own a pie of a commercial real estate and enjoy its rents and capital appreciation, similar to buying a rental......
Clinton Fernandes
05 February 2021
Diversification is a term bandied about in the investing realm, but people cannot really figure out how to do it correctly. Does investing in 100 stocks count as good diversification? Or should one buy every available asset class to ‘diversify’? Even financial planners cannot agree on the right strategy to allocate investments.......
Reviews

Reviews

MAS Team
11 February 2021
Term life insurance products are increasing in popularity due to higher awareness of their benefits. But most term plans do not offer all the features that will meet every need. Some may want their term plan to offer life-time cover; others may want a term plan with a small cover for a few years.   Aditya......
MAS Team
24 December 2020
ICICI Prudential Life has launched an annuity product called Guaranteed Pension Plan with the option of immediate annuity and deferred annuity. Buyers of the plan can pay a lump-sum and choose to receive their annuity immediately or anytime after one year to 10 years. This product is for generating a predictable income for your lifetime.......

Handbook

A complete online guide for our premium subscriber every aspect of personal finance -- from annuities and bank accounts to Wills and zero-coupon bonds - all in the form of common questions and answers
Financial products are complex. They demand effort, time and interest. With this handbook, life is much easier. Whenever you are in doubt, all you need to do is to refer to it for factual and unbiased information. No need to wonder, no need to ask. The first section, Manage Your Money, makes you aware of all the financial products. The second section, Your Moneylife, explains how to handle money-related issues in real life situations and through different life stages.

Blog

Mutual Funds
MAS Team
08 May 2021
Mutual fund investors have different risk-taking abilities and goals, but all have the same question – which scheme should I invest in? Although there are many websites and news pieces...
Mutual Funds
MAS Team
24 April 2021
Stocks
MAS Team
23 April 2021

Invest

RECOMMENDATIONS

Recommendations

Recommended Fixed Income Products

To invest smartly, you need to mix fixed income (for safety) and equity schemes (for growth). Bank deposits are by far the most popular form of fixed income products. But there are other equally good options too. If you are a premium member, check our recommendations on:

1. Bank Deposits
2. Corporate FDs
3. Tax-free Bonds
4. Fixed-Maturity Plans
5. Debt Funds
6. Liquid and Ultra short-term funds
7. Short-term Funds
8. Long-term Funds

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Recommended Equity Mutual funds
Using Investool:If you use InvesTool (which comes with an automatic market-timing option), it will give you our recommendations of two multi-cap and two mid-cap schemes

Not Using Investool: If you are not using the Investools and want a list of funds we think are good, check out our recommended funds

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Recommended Stocks
Panther, Antelope and Lion subscribers can view the latest stockletters by clicking the links below
 
 

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Timing

Timing

Study after study has shown that returns from any market-linked product depends very significantly when they are bought. If you buy them high, you make less returns, or even losses. If you buy when they are low, you increase increase your chances of getting higher returns. Take a look
Low Valuation, High Returns if the starting PE is high , subsequent returns are usually low.
Conversely if the starting PE is low subsequent returns are high


Essentials

Essentials

7 Essential Investing Principles

Investing is not too difficult if you keep these investing principles in mind.

Investools

Short term

Short Term





For short-term investments , you need to protect your capital. All products that are market-linked are unsafe for short-term investments. Which products are market-linked?

For short-term investments between 0-5 years, use this tool.

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Only Stocks

Only Stocks



Use this tool if you know for sure how much how would like to invest in stocks every month or even occasionally. This is not an asset allocation tool that will divide your savings into different products based on your risk profile and financial condition.


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Insure Health

Essentials

Essentials

8 Factors for Choosing Health Insurance Plan

In order to offer you choices, insurers create complex products, making it tough for you to compare them and choose. Policies are different from each other in terms of exclusions, conditions and fine print. If you slip on even one of the vital conditions, your claim may be rejected or cut down. Get answers to these 6 questions.

Tools and Recommendations

Tools and Recommendations

Our extensive research shortlists just a few options cutting through the hype, hyperbole, duplication, complexity and fine print.

Recommendations for health insurance is here (Premium) 

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These recommendations are also captured in the Health Insurance Selector Tool (Premium) 

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A premium subscription to Moneylife Smart Savers' entitles you to a Free Personal Accident insurance worth a sum insured of Rs2.5 lakh. If you are a premium member, you can download the free accident policy details here  

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That apart you can buy additional cover from these recommendations (Premium) 

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Insure Life

Tools and Recommendations

Tools and Recommendations

Our extensive research shortlists just a few options cutting through the hype, hyperbole, duplication, complexity and fine print. We recommend only term plans.

Our Term Plan Recommendations (Premium) 

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Insurance Surrender tool (premium): If you have bought Child Plans, Pension Plans, ULIPs, Endowment, Money-back and Whole-life policies, your returns will be poor. Worse, exiting is not easy. You can Surrender, Go Paid-up or Continue. What should you do? If you surrender where do you invest and what new insurance do you buy? What are the tax implications? Use this tool to get answers  

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How much insurance do you need? A Basic tool (free)  
Essentials

Essentials

9 Factors for Choosing Insurance Plan

Life insurance is supposed to protect your loves ones if something happens to you. But that is not what the insurance companies sell aggressively. They wrap the protection in a variety of investment products, such as endowment plans, children's plans, pension plans and unit-linked insurance plans (ULIPs). These give you terrible returns, after all the costs and charges while the insurer and agents earn large fixed commissions. Here is what you should keep in mind before buying life insurance.

Save Tax

Tools

Tools

Tax Rates on Income: What are the Income Tax rates on different investment Income? Use this tool to find out

Tax Rates on Capital Gains: What are the tax Rates on Capital Gains from different assets? Use this tool to find out

Calculate Capital Gains Tax : Sold an asset and confused about the tax to pay. Use this tool to find out


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Tax-saving investment through relatives : Investing money through your parents? Or through wife? Use this tool to stay on the right side of the tax laws

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Save tax fully : Are you availing of all the tax-saving benefits available? Use this tool

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ELSS SIP


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Essentials

Essentials

5 Tips for Getting Tax Exemptions

To get the tax benefits under the Income Tax, you need to match them with your specific situation. A quick guide for salaried employees

Ask

The Concept

The Concept

If you follow our recommendations you can stay out of problems of harmful financial products. But as a Premium Member, if you need direct one-on-one conversations with us, you can put your questions in the Ask us section. Your questions remain confidential.

Read Me First

Read Me First

While we welcome questions about your specific financial condition and our recommendations, there are some dos and don'ts. Please read this section first to know the kind of queries we will not be able to answer.

Put Your Query

Put Your Query


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Changes in Our Business Model
 
 
Greetings from Moneylife Advisory Services
 
Between financial years 2019-21, SEBI has come up with extensive changes to investor advisor regulations. On Sep 23, 2020, SEBI had issued new additional guidelines. This comes just two months after extensive changes announced in July 2020. Earlier, in December 2019 there was an ad hoc circular
 
As a result of these changes, IAs, cannot accept fees through credit cards, will have to sign a 26-clause investor agreement, have to maintain physical record written & signed by client, telephone recording, emails, SMS messages and any other legally verifiable record for five years. IAs were already asked to record the suitability and rationale for every piece of advice given, sign them and store them for five years.
 
While these extensive and frequent changes, designed to strengthen the conduct of IAs are well-meaning, these have sharply increased compliance efforts and cost. We, being online advisors, find many of changes harder to implement, compared to advisors working in the physical space. We will have to have an army of advisors, administrative and tech staff to be compliant. If we do this, we will have to divert money to these areas and the cost of our service will double. We want to remain the least-cost service in the market to benefit more and more people. In the circumstances, we are forced to change our business model from “advisory” to “research”. This will mean the following:
 
What remains the same:
  • Recommendations on insurance, investment and Lion stocks, will continue as a part of the MAS premium subscription. Our strength has always been research and this will remain available to you through our recommendations.
  • The magazine and all textual content will remain as part of the service
  • The investools will have to be reworked and will offer model portfolios. We will have to suspend the restructuring tool.
 
What changes:
  • The interactions in Ask / Handholding will offer investment advice but not specific to your situation. It will offer information on investment products and also clarify your doubts about various financial products. It will be a forum for information, not for advice. This will be implemented with immediate effect and our guidelines in Ask, reflect this now.
 
Over the next few weeks our site and our communication to you will reflect these and other additional changes.
 
We feel this will not affect you much in terms of what really matters in investing: knowing what to buy and when to buy. This is our edge and it will still be available to you.
 
img
Debashis Basu
Founder
 
Number of complaints - April 2021
At the beginning of the month Received during the month Resolved during the month Pending at the end of the month Reasons for pendency
0 0 0 0 0