Goal Planning - Risk Profile - Part 2

Goal Planning - Risk Profile - Part 2

What is my attitude towards money ?

Subramanian
From childhood, we have been raised in a certain way, which shapes our opinion and attitude towards money. Some are conservative with money , some are willing to take risks . It is important to know where you stand and therefore invest your money in instruments which reflect your risk profile. What is Risk Profile ? Risk profile determines our attitude towards money and it is best you allow a financial planner , whom you trust, help you determine your risk profile towards money as it is important to have a unbiased perspective (as far as possible).
Goal Planning - Overview - Part 1

Goal Planning - Overview - Part 1

Benefits of goal planning

Subramanian
Goal setting, some of you are already familiar with this term, is an important exercise during the beginning of the appraisal year. Goal planning , from a financial planning perspective, is as important. Unlike your appraisal this spans across multiple years . Successful athletes, businessmen and achievers - all of them set goals in life. This gives life a purpose, a meaning. It provides you long term vision. You now know where your efforts need to be focussed.
Asset Allocation

Asset Allocation

Consequences of asset allocation and time on investment

Subramanian
There are two important factors in determining corpus for any goal. These are time horizon of investment and asset allocation . Time Horizon Time Horizon is the amount of time from today to your goal start date. Greater the time, lesser would be the investment required, all other things remaining constant. Therefore it is always recommended to start early for your goals when time is by your side.
Parag Parikh Long Term Equity Fund

Parag Parikh Long Term Equity Fund

Spotlight - Reviewing the parameters of the fund

Subramanian
Parag Parikh Long Term Equity Fund is unique in many ways and is quite interesting as well. PPFAS was established in 2012. PPFAS has only three funds , unlike , many AMC’s. Shri Parag Parikh who pioneered Value Investing is the founder of PPFAS. There are multiple reasons why I find PPFAS quite intriguing and you get a feeling of comfort when investing in their funds. Let us start with the concepts:
Mutual Fund - Equity - Taxation

Mutual Fund - Equity - Taxation

How are mutual funds taxed ?

Subramanian
Taxation of mutual funds is important for filing of income taxes . There are few things one needs to understand before filing taxes for mutual funds: Identify type of mutual fund How long have you been holding the mutual fund ? What is the prevailing tax structure for the given mutual fund ? 1. Identify type of mutual fund First step is to identify whether the mutual fund is equity oriented.