Shashi Money

https://www.mfuindia.com/USA-CANADA_Residents

How a Password Changed my Life ...Inspired from a true story from the Reader’s Digest ... I was having an average  morning until I sat down in front of my office computer "your password has expired”, a server message flashed on my screen, with instructions for changing it... In my company we have to change passwords monthly..I was deeply depressed after my recent breakup. Disbelief over what she had done to me was what I thought all day long .... I remembered a tip I’d heard from my former boss. He’d said, “I’m going to use a password that is going to change my life”. I couldn’t focus on getting things done in my current mood.. My password reminded me that I shouldn’t let myself be a victim of my recent breakup and that I was strong enough to do something about it. I made my password – Forgive@her.  I had to type this password several times every day, each time my computer would lock. Each time I came back from lunch I wrote forgive her.  The simple action changed the way...

 Do not look at past 1/2/3/5 year returns of debt MFs and compare with current FD rates.  If you have to compare, then compare what was the FD rate 1/2/3/5 years back. That is what you have got and then only compare past performance of Debt MFs. But better way is to look at current FD rates of 1/2/3/5 year period and compare YTM of the Debt MFs of the similar time period.  This picture is for funds of Kotak MF. Debt Funds from Other MFs have almost similar YTM.  In addition to this you will get additional benefits by investing in Debt MFs.  - Debt MFs’ YTM is higher then most FDs. - Diversification. - Compounding (FD have coupon but do not compounds effectively)  - Tax Efficiency  - Holding Period Return. - No leakages (Interest received by the debt MF get invested immediately unlike interest received by the investors) Save this message. Over next 3/5 years and even for longer tenure, Debt MFs have high probability to outperform most FDs. Source: Vijai...