Best Time To Sell
I s it advisable to redeem units if some scheme is suddenly giving a higher return than the average return as per its historic pattern, let’s say, over a period of two years?
 
MLF’s Reply: There may be several ways to decide when to sell and when to hold. As the market has hit all-time highs in recent months, the recent returns would be higher than the average returns. However, if you look at the valuations, it is not as high as that seen in 2007 and in 2010. There are multiple strategies one can use to time the buying or selling. Choose a method that you have tested and one that would have worked over multiple periods.
 
You should consider other factors as well, such as your investment horizon or goals, your existing allocation to equity/debt, scheme performance, changes in the fundamental attributes of the scheme, expense ratio, portfolio composition, etc.

User

Best Mutual Funds
Which is the best mutual fund equity & debt plan for 1.5 years’ horizon?
 
MLF’s Reply: There are many factors that go into selecting a scheme. One needs to look for consistent performance, low expense ratio, portfolio composition, etc.
 
Ideally, we do not suggest investing in equity investments for a short term like 1.5 years. Equity investments for a short period can be risky. A safer option would be to choose a short-term debt mutual fund scheme. If you are looking for safe debt schemes, you could opt for low-risk short-term debt schemes.

User

Divorce can be executed only under the law by which marriage was instituted: Bombay HC
Disputing a London Court's competence to hear a divorce case related to a marriage under Hindu Personal Law, Bombay HC says domicile at the time of marriage should decide jurisdiction and not domicile at the time of initiating divorce
 
Once a couple marries under the Hindu Marriage Act, they can only get a divorce under the same law even if they are no longer Indian citizens, the Bombay high court has held. Hearing a petition filed by a man against his wife, both British nationals of Indian origin and doctors, a division bench of Justices Vijaya Kapse Tahilramani and V L Achliya recently upheld a family court order granting interim custody of the couple's 3.5-year-old daughter to the woman. 
 
Dr Seema Deshpande, who had come back to India with her daughter in 2012, had filed a petition before the Bandra family court seeking divorce and the child's custody. Dr Vinod Ranade, her husband, claimed that a London court had ordered the child's return to the UK.
 
Ranade's lawyers had claimed that since all three were UK citizens, their domicile was in that country. The HC, however, said that prima facie the wife seemed to have returned to her original domicile in India. The court said that Ranade could submit evidence on domicile before the family court. It also pointed to Supreme Court judgments that held that the domicile at the time of marriage and not at the time of initiating legal proceedings would matter. The HC refused to disturb the family court order granting interim custody to Seema. 

 

 

User

COMMENTS

N Kanitkar

2 years ago

I think the judgement is in completely wrong as well as biased. Just imagine someone who settles in the US after getting married in India would need to come back to our "exceptionally fast " marriage courts after 20 years.

Secondly, the decision to grant custody of the child to the woman is as vintage as our law itself. Judges and people we have moved on. There are responsible fathers and irresponsible mothers too.

The family courts in India are terribly biased in favor of the woman and rarely or not at all ascertain fact before passing judgement.

Judges are from the very same society that they mirror and should not pass judgement based on their compass.

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)