Tag Archives: Personal Finance

How new PF norms will hurt take-home pay

Increased contribution to Provident Fund to reduce take-home pay of Employees The Employee Provident Fund Office (EPFO), which is under the Ministry of Labour and Employment, has issued a circular on November 30th 2012, which deals with the components of salary to be included while calculating PF contribution. While the circular is mainly aimed at… Read More »

ICICI’s PruTracker – Analyze Scheme Performance

ICICI Prudential Mutual Fund is one of India’s leading AMCs. They manage a lot of money (AUM) and are innovative in their product offerings. They also have a good track record of technology use. Their web site was one of the first to offer direct purchase of Mutual Fund units as well as portfolio tracking.… Read More »

Cash Flow – Excel Spread Sheet

I have always had trouble figuring out my cash flow. Understanding where my money is coming from and where is it going. Secondly, what are my obligations over time, say the next month and throughout the year. After trying various personal finance software and discarding them as too cumbersome and rigid, I designed an MS… Read More »

Bye Bye Entry Loads!

See the screen shot below for my most eagerly awaited Mutual Fund Account Statement Notice the NAV & the Price in INR columns. The last transaction dated 14/1/2008 is the sweetest. No Entry Load! I have already canceled most of my ICICIDirect SIPs. So far I have been able to take care of only a… Read More »