ICICI Prudential Mutual Fund is one of India’s leading AMCs. They manage a lot of money (AUM) and are innovative in their product offerings. They also have a good track record of technology use. Their web site was one of the first to offer direct purchase of Mutual Fund units as well as portfolio tracking.
The PruTracker [...]
Gold as an investment. Google for “buy gold” and you will come up with tons of articles giving the same old advice. Buy gold in bullion form not jewelery, why buy gold, where to buy gold, gold ETFs etc etc. They tell you the same thing, over and over again.
But none of these articles will tell [...]
I have always had trouble figuring out my cash flow. Understanding where my money is coming from and where is it going. Secondly, what are my obligations over time, say the next month and throughout the year.
After trying various personal finance software and discarding them as too cumbersome and rigid, I designed an MS Excel spread [...]
See the screen shot below for my most eagerly awaited Mutual Fund Account Statement
Notice the NAV & the Price in INR columns. The last transaction dated 14/1/2008 is the sweetest. No Entry Load!
I have already canceled most of my ICICIDirect SIPs. So far I have been able to take care of only a part of [...]
The new direct sales no-load criteria for Mutual Funds in India came into effect on January 4, 2008. Under this investors are not charged an entry load if they purchase directly from the AMC. The operative word is “direct”.
I have seen a lot of discussion on this issue on our internal mailing lists at work and [...]
Recent Coments