There is something that appeals to the idea of being the investor who buys when everyone else is selling. The narrative is compelling: while the crowd panics, the patient contrarian accumulates the stocks nobody wants, waits for sentiment to turn, and is rewarded when the herd eventually recognises what they were too fearful to see. Investors like Warren Buffett are quoted endlessly on the subject. Every market correction produces articles reminding you to be greedy when othe

A Fund of Funds is a mutual fund scheme that achieves its investment objective by investing in the units of other mutual fund schemes rather than directly in stocks, bonds, or other securities. The FoF has a fund manager who decides which underlying funds to invest in, in what proportion, and when to switch between them. The investor in the FoF owns units of the FoF, which in turn holds units of the underlying funds. In India, FoFs are regulated under SEBI’s mutual fund regul

Every time an Indian resident sends money abroad for education, travel, investment, or family support, they are using a framework called the Liberalised Remittance Scheme. Whether they know it or not. This guide explains what LRS is, who can use it, what it permits and prohibits, how Tax Collected at Source works, and what happens if you get any of it wrong. The moment you wire money to a university in the United States to pay tuition fees, or fund a brokerage account to buy

A new SEBI-regulated category that sits between mutual funds and portfolio management services. Here is a complete guide to what SIFs are, who can invest, how they work, and what makes them different from everything else in the market. India's investment landscape has long had a gap that frustrated a particular type of investor. Traditional mutual funds were accessible and regulated, but they operated within tight constraints such as long-only portfolios, standard allocations

In the continuum of mutual fund risk, pure equity funds sit at one end and pure debt funds at the other. Somewhere in the middle is a large family of hybrid funds that hold both. Aggressive hybrid funds occupy the upper end of this hybrid spectrum: they are predominantly equity, giving them most of the growth potential of a pure equity fund, while also holding a meaningful allocation to debt that provides some cushion during market corrections. They are not a compromise betwe

When companies need to borrow money for expansion, working capital, or refinancing existing debt, they have two primary options: go to a bank or issue bonds to investors. Corporate bonds are the second route. They are debt instruments issued by companies that promise to pay a fixed or floating rate of interest over a specified period and return the principal at maturity. Corporate bond funds are mutual funds that pool investor money and invest it in a portfolio of such bonds.

The aspiration behind balanced advantage funds is one that almost every investor shares: own more equity when stocks are cheap and own more debt when stocks are expensive. It sounds straightforward but it is extraordinarily difficult to implement in practice because it requires making ongoing valuation judgments about the entire market, acting on those judgments consistently without emotional interference, and doing so with enough accuracy over time that the tactical shifts a

A liquid fund is an open ended debt mutual fund that invests exclusively in debt instruments and money market securities with a residual maturity of up to 91 days. The 91 day ceiling is a mandatory SEBI requirement, not a guideline. No instrument in a liquid fund’s portfolio can have more than 91 days remaining until it matures. This constraint is the single most important feature of the category because it is what produces the stability, the liquidity, and the low risk profi

At the end of every business day, Indian corporate treasuries, large institutions, and an increasingly aware set of individual investors face the same practical problem: what to do with money that will be needed tomorrow morning. It is too short a window for a fixed deposit. Too risky to leave in an account that earns nothing meaningful. Too brief for even the most conservative equity allocation to make sense. Overnight funds are the answer to this problem. They are the most