http://www.ciel.co.in Latest Blogs on www.ciel.co.in en-us Thu, 23 Feb 12 01:08:11 +0000 http://ciel.co.in/blog.php?blog_view=107 http://ciel.co.in/blog.php?blog_view=107 Mon, 21 Nov 2011 17:19:30 +0000 When 32-year-old Ashwin Sinha decided to compile his investment papers in one place, he found that he had nominated his parents and sister in many investments. Now that he is married, Ashwin doesn't know if he should change the nominee status or let it be because he is not sure if the paperwork will impact his investments. His parents live off a pension, though Ashwin supports them in case of sudden, large expenses. His wife is not very aware of financial matters, so Ashwin is wondering if he should nominate her or someone else in the family with better ... http://ciel.co.in/blog.php?blog_view=106 http://ciel.co.in/blog.php?blog_view=106 Mon, 21 Nov 2011 17:18:12 +0000 An individual who has a complaint pending with any life insurance or general insurance company, on matters related to life insurance policy, mediclaim, insurance for personal accident, property, vehicle, or other household articles, can approach the insurance ombudsman. The norm is to first approach the insurance company for grievance redressal. ; If it fails to respond after a month or gives an unsatisfactory response, the matter can be taken up with the ombudsman. A complainant, whose grievance on the same issue is pending before a court/consumer forum, cannot approach the ombudsman. The complaints pertaining to repudiation of claims, delay in ... http://ciel.co.in/blog.php?blog_view=105 http://ciel.co.in/blog.php?blog_view=105 Mon, 21 Nov 2011 17:15:36 +0000 It is common for wealth managers to proclaim that their advice is process-driven. Banks, broking houses and individual advisers would like investors to believe that the advice given to them on allocation of their investment is based on some tested methodology. ; The most commonly used tool is the 'risk profiler'. After Sebi mentioned in its recently released discussion paper on investment advisory that it intends to make it mandatory to conduct risk profiling, many are readying to put this process in place. It is, however, important to understand that risk profiling is merely a part of the entire process, ... http://ciel.co.in/blog.php?blog_view=104 http://ciel.co.in/blog.php?blog_view=104 Mon, 21 Nov 2011 17:20:46 +0000 1. Trigger option is a facility offered by mutual funds to investors to redeem or re-allocate investments by specifying certain limits. ; 2. The trigger may apply to the entire investment or a portion. Some funds allow investors to redeem or switch only a portion of appreciation. ; 3. This facility eliminates the need for the investor to take any action once the limits are specified. He can easily book profits and benefit from the appreciation. ; 4. When activated, a trigger results in a transaction. This will imply costs in terms of loads and taxes from gains. ; 5. A trigger may ... http://ciel.co.in/blog.php?blog_view=102 http://ciel.co.in/blog.php?blog_view=102 Mon, 31 Oct 2011 17:36:24 +0000 A Delivery Instruction Slip is used by sellers of securities to instruct their depository participant to debit their demat account. All details of the securities being sold should be completed correctly in the DIS. It must be signed by all account holders and submitted according to the deadlines prescribed by the DP. ; 1. A delivery instruction slip is used by investors to instruct their depository participants (DPs) to debit their depository account for the demat securities they sell. ; 2. The seller has to use a DIS provided by the depository participant on which the latter's details, the client ID ... http://ciel.co.in/blog.php?blog_view=101 http://ciel.co.in/blog.php?blog_view=101 Mon, 31 Oct 2011 17:35:34 +0000 Rights entitlements are offered to the existing shareholders of a company as a ratio to the number of securities held as on the record date. An investor willing to subscribe will submit the filled up application form along with the cheque to the bankers of the issue. The investor has the option to subscribe, sell or renounce the rights entitlements. ; A rights issue is a security issued by a company to its existing shareholders as on a pre-determined date called the 'record date'. Rights are offered as a ratio of the number of securities held on the record date. ... http://ciel.co.in/blog.php?blog_view=100 http://ciel.co.in/blog.php?blog_view=100 Mon, 31 Oct 2011 17:34:09 +0000 All retiral portfolios must provide income, they must also be liquid enough to meet any short term financial emergency. Hence, flexibility to redeem must be maintained. Investments such as short-term debt funds, monthly income plans of mutual funds and bank FDs of lower tenors should be considered in all retiral portfolios. ; Mahendra Kapoor is a 70-year-old retired government official who lives off his pension. He supports his wife, but has no other obligation or commitment. Mahendra finds his pension adequate, but is not comfortable about his financial ability to meet a situation that may call for a large sum ... http://ciel.co.in/blog.php?blog_view=99 http://ciel.co.in/blog.php?blog_view=99 Tue, 25 Oct 2011 07:21:11 +0000 Asset allocation and investment decisions of an investor determine wealth creation. These decisions have to be driven by the needs of the investor, especially over a long-term. A careful evaluation of the factors on which the returns from an asset depends will help making the right fit between needs and investments. ; Many investors show a marked preference for action. They want to know what they should do or if I will help them take financial decisions. Someone who says he is looking for practical insights is actually asking about what he should buy or sell. ; However, there is a ... http://ciel.co.in/blog.php?blog_view=95 http://ciel.co.in/blog.php?blog_view=95 Mon, 17 Oct 2011 14:26:07 +0000 The decision to replace consumer goods too often must be undertaken by keeping in mind the depreciation on the asset, the cost of interest on the loan, tax implications of buying the asset, the discount offered by the sellers and the happiness quotient of buying something new for the household. ; The festival season brings several offers of 'zero interest' loans from sellers of consumer durables. They expect that the facility of repayment in instalments will make the buyers want to purchase more. How does one evaluate financing the purchase of large-ticket items? ; First, purchasing a durable, including a vehicle, ... http://ciel.co.in/blog.php?blog_view=89 http://ciel.co.in/blog.php?blog_view=89 Mon, 10 Oct 2011 12:35:18 +0000 Growth assets are suitable investments in the pre-retirement stage characterized by a greater ability to take risks. A balanced combination of income and growth assets in the period immediately after retirement protects the retirement corpus from inflation risks. Low risk income products are suitable in the latter stages of retirement. ; When I wrote, a few weeks ago, about the questions you should ask before buying a product, I received an overwhelming response. Several readers recounted their experiences of being sold wrong products, and as is sadly the case, a majority of these is retired investors, whose lifetime savings has ...