Month: February 2011
Below are all the posts archived for the month.
Budget: Where does the government get its money from?
in Economy
I didn’t plan to do a budget post originally because I didn’t feel anything of great interest has been announced, but then Amit left a comment on the Suggest a Topic page, so I thought I’d do one on it anyway. Leading economist Bibek Debroy (@bibekdebroy on Twitter) tweeted the following earlier today: Para 196
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Sachin Tendulkar’s Centuries in ODIs against various countries
in Opinion
Click here to view a report on Sachin century vs India Win. I hope you’re enjoying today’s game like me, and here’s some light Sunday fun for you. When I heard that Sachin has just scored one century against England prior to this – it made me look for a break up of how he
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PFC Infrastructure Bonds
in Fixed Deposits
I think PFC is going to be last issuer to issue infrastructure bonds, and here is a post about some details on this bond issue. PFC infra bond issue opened on February 24th 2011, and will close on the March 22nd 2011. The issue has been rated AAA / Stable by CRISIL and LAAA with
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OneMint forum has more than 6 subscribers and links
in Links
When I started out on OneMint it had 6 subscribers for what seemed like a very long time. I used to check my Feedburner account everyday, and there it was  – a big 6 – I used to wonder what I need to do get the seventh subscriber. Then I did a guest post at
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Q. What returns can I expect from this investment?
in Opinion
Ans. Your investment will plummet in the next few years, and it will take about 25 to 30 years to recover it back. That’s not the answer you wanted to hear, but that would’ve been the correct answer for anyone asking about gold investment in the late 1970s. Here is a chart that shows how
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SBI Bond Gray Market Premium and Annualized Returns
in Fixed Deposits
Business Standard reports that the recent SBI bond issue is getting gray market premiums, which is a first for any bond issue! Brokers are giving up to Rs. 320 to retail investors to apply for bonds on their behalf as the brokers expect good listing gains, and though popular for IPOs – this is the
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HDFC Debt Fund for Cancer Cure NFO
in Mutual Funds
This is a really unique mutual fund by HDFC precisely because of what the name suggests. The HDFC Debt Fund for Cancer Cure is a closed ended mutual fund that will have a term of 3 years, and it will donate 50% or 100% of the dividend income to the Indian Cancer Society. At the
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IDFC Infrastructure Mutual Fund NFO
in Mutual Funds
I’ve seen at least one comment that confused the IDFC Infrastructure Mutual Fund to the IDFC Infrastructure bonds, so let me say it upfront that this is a equity mutual fund, and not a bond. You will not get any tax benefits from investing in IDFC Infrastructure mutual fund, and when you invest in this
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IDBI MIP NFO
in Mutual Funds
IDBI is going to come up with a new MIP (Monthly Income Plan), and the NFO is going to be open from February 14th to February 28th 2011. The scheme will then reopen on 14th March 2011. As I’ve written earlier MIPs intend to provide you with a monthly income but there are no guarantees,
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How does mutual fund NAV affect performance of a fund?
in Mutual Funds
There were two recent comments that prompted me to write this post, and both had to do with mutual fund NAV (Net Asset Value), and how they impact the performance of a fund. The truth is that mutual fund NAVs have no impact on the performance of a mutual fund, and you should ignore the
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