Dr M Khalid's global village blog

Funds can also charge for the service tax on their management fee. Hence, an equity fund with a corpus up to  ₹ 100 crore may end up charging upto 3.3 per cent if you add different charges !! What is it? Mutual funds are professionally managed investment vehicles which help investors to grow their money by investing in financial assets such as equities, bonds, gold and other assets. Mutual fund companies charge a cost to their investors for managing their schemes. This cost is called the Total Expense Ratio. What is it? Mutual funds are professionally managed investment vehicles which help investors to grow their money by investing in financial assets such as equities, bonds, gold and other assets. Mutual fund companies charge a cost to their investors for managing their schemes. This cost is called the Total Expense Ratio. Why is it important? While mutual funds in the developed world charge a variety of fees and costs to investors, in India, almost all the costs are packed into t...

Going forward, mergers will become difficult for the funds. Also performance will be more easy to understand. Equity Sectoral funds (specific to a sector) are not expected to be much affected by mergers as was earlier. All this is good for the investor. Chart in this blog post is taken from: https://www.valueresearchonline.com/story/h2_storyview.asp?str=34875#prettyPhoto From Livemint: This article has a good chart too. Go to the link after this section. If your scheme undergoes a big change, evaluate. For instance, SBI Treasury Advantage Fund, which will be known as SBI Banking and PSU Fund, was meant for short-term investments. Now, its strategy would be to invest in debt scrips of state-owned companies and banks. "If the risk profile of a scheme changes, look at it again. If it no longer meets your purpose, leave it," said Vidya Bala, head-mutual fund research, Fundsindia.com. Don't blindly go by the change in your fund category. Mirae Asset Emerg...

Pre printing boarding cards before coming to the airport carry the risk of confusion if the boarding gate changes. If you need to fold your boarding card to keep in pocket, avoid fold coming in the area with the bar code as it will be scanned. If you are getting late, you can request the incharge to get a speedy security check skipping the queue. Keep your boarding card in your pocket - helps you return to your seat after you visit the washroom. Preserve the baggage sticker on the boarding card till you get all the pieces of  check-in luggage after the flight . The sticker has the codes same as the stickers as on your luggage pieces. Power banks are allowed in cabin baggage not in checking baggage . 

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Warren Buffett's highly anticipated annual letter to   Berkshire Hathaway shareholders released on Saturday did not disappoint this year with a little something for all fans of the Oracle of Omaha, from professional value investors to the casual admirers of his wit and wisdom. Most newsworthy in this year's edition, the 87-year old billionaire   pointed out that Berkshire Hathaway now has a $116 billion war chest to spend on a deal, but that prices were too high for him to spend any of it in a big way last year. Buffett   went on to give a   valuable investing lesson   that involved quoting a Rudyard Kipling poem from the 1800s. There are plenty of quips in the letter, including a joke likening a CEO's penchant for dealmaking to the sex drive of teenagers. Here are the highlights below: The tax cut: "Berkshire's gain in net worth during 2017 was $65.3 billion, which increased the per-share book value of both our Class A and Class B stock by 23%...A large portio...

An extremely difficult read but please, please take a few minutes to read what doctor Housam Adnan from #EasternGhouta wrote yesterday: From the womb of the dead For more than twenty years, the scalpel was my companion Dancing between my fingers, while I do my work very quietly At the end of each day I whisper to it: You did very well, and we saved many together But everything changed now The scalpel wasn't what it used to be, lately My fingers can't handle it anymore As if a part of my soul was taken into its teeth, and it can't bear the wounds it witnesses anymore Children without parts Without eyes Without faces Women and families covered by sheets full of soil from the home land, with more of her children's blood The smell of gunpowder and its abhorred black color hangs over those hungry, withered faces The screams of children, the wailing of women, the oppression of men, the impotence of doctors, reached my dead scalpel, creating a sp...