Kaustubh Kale

Most people work hard to create wealth. They invest in bank deposits, mutual funds, stocks, insurance policies, real estate, gold, bonds and other assets. But one important question is often ignored: does your family know about all this? This question has become even more important today. Recently, our Prime Minister Narendra Modi highlighted that Indian banks are holding around Rs. 78,000 crore of unclaimed deposits, insurance companies have nearly Rs. 14,000 crore lying unclaimed, mutual...

When investors evaluate any investment, the first number they usually think of is the “profit”. What extra have we earned? Naturally, this feels exciting. But the important question is: does this number truly reflect how well your money has worked for you? This is where investors must understand the difference between absolute returns and XIRR. This difference is important across asset classes - whether it is a stocks portfolio, mutual funds portfolio, insurance product, LIC plan, real...

For many families, a home loan is the biggest financial commitment of their lives. So, it is natural to think that the faster you repay it, the better it is. After all, becoming debt-free sounds emotionally satisfying and financially responsible. But personal finance is not only about emotions. It is also about opportunity cost. Cheap Money A home loan is usually among the cheapest forms of borrowing available to an individual. In many cases, especially for younger borrowers with longer...