Putting together all the required documents and surmounting legal hurdles could be a challenge for the nominee.
Before you rush to invest in these funds, understand the risks they carry and whether you have the appetite for them, says Sanjay Kumar Singh.
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
The gains from investing in direct plans can be higher than the difference in expense ratios.
'In restaurants, the waiter takes your card and then comes back with the machine. Don't allow that.' 'Let him come to you with the machine and then enter the card and the PIN yourself.'
You may invest even at current market levels provided you have an investment horizon of five years or more.
Investing heavily in a top-performing fund during good times can cause long-term pain. Don't invest lump sum at market peaks.
Experts suggest six ways to play stocks that tank suddenly and make money as Sanjay Kumar Singh listens in
Beware, it's not just criminals who want your data!
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
New ITR form may be simpler, but some changes could stump you.
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
While Indians don't buy property during May-September due to the holidays/rains/ religious reasons, buyers should scout for property now.
Monitor how long the high cash position lasts. If it lasts for a month or two, it is fine. But if it continues for a couple of quarters, seek your advisor's opinion on whether to exit the fund.
While you can always correct them, the sooner you do it the better it is for you, says Sanjay Kumar Singh
'If you retain your account with the EPFO for 10 years, you get a life-long pension.'
As protectionism grows from the United States to Australia, Sanjay Kumar Singh draws up a comprehensive financial checklist for those shifting to India.
When selecting a liquid fund, stick to schemes with an AUM of above Rs 1,000 crore.
Sanjay Kumar Singh tells you what to watch out for when buying insurance and investing in MFs online.