Decoding Personal Finance

  MAKING SENSE OF THE CHANGE IN NAV APPLICABILITY RULES AND ITS IMPACT Change is the spice of life and for mutual fund investors it got a little more spicier as SEBI brings about yet another change! Post Feb 1, 2021, most investors realized that their Investment amounts were not getting the NAV (net asset value) of the same day as was the practice before that.  Before this,  the Investments in mutual funds, if carried out before 3 pm, were bought at the same day's NAV.  It was a simple system to track as most investors would see their investment begin the day funds got debited from their account.  However this has now changed and the NAV would now be given on the day the funds get realized by the fund house.  This impacts not only the purchase transactions but also the switches from one fund to another in the same fund house.  So the big question is what should an investor do to ensure they get the same day NAV.  First and foremost recognise that this is a regulation that has come

  DECODING BUDGET 2021: THE FIRST LOOK Accountability, Transparency and Simplicity  is what the budget 2021 aims to achieve.  Post COVID 19, the course has been set towards boosting the economy while focusing on growth and health care.  The Govt has been treading this path the whole of 2020 and has presented what can be called mini budgets, which resonated with what has been presented today. The financial markets have given a green signal to the budget, as they have shot up by more than 4%. A first of its kind, presented digitally on a tablet made in India, the budget 2021 is a sensible budget that focusses on six key areas for growth in healthcare, infrastructure, inclusive growth, human capital, R&D and maximum governance   Though the final picture would emerge soon, for now a few relevant highlights:   1.       Fiscal deficit pegged at 9.5% of GDP for FY 21. 2.       The Govt CAPEX is up from 4.39 lakh crore to 5.54 lakh crore. 3.       Focus on healthcare, education and Infrast